Rhode Island Interscholastic Injury Fund
- Assets
- $2.7m
- Revenue
- $63.6k
- Investments
- $2.7m
- Employees
- 0
- Location
- Cumberland, RI
- Founding
- 11/1977
- Data as of
- 12/2022
- EIN
- 05-0374155
Organization Overview
Rhode Island Interscholastic Injury Fund is located in Cumberland, RI. The organization was established in 1977. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Interscholastic Injury Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Rhode Island Interscholastic Injury Fund generated $63.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $199.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Rhode Island Interscholastic Injury Fund has awarded 65 individual grants totaling $595,686. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOYS HIGH SCHOOL ATHLETIC INJURIES
GIRLS HIGH SCHOOL ATHLETIC INJURIES
VARIOUS SCHOLARSHIP AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Rainone Vice President | 0 | $0 | |
Beth Penkala Secretary | 0 | $0 | |
Elaine Botelho Assistant Treasurer | 15 | $0 | |
John Abbate Board Member | 0 | $0 | |
Kathleen Kelley Treasurer | 30 | $0 | |
Michael Traficante President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $71,841 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$69,443 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $61,187 |
| Total Revenue | $63,588 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,295 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,765 |
| Total operating and administrative expenses | $100,418 |
| Contributions, gifts, grants paid | $98,544 |
| Total expenses and disbursements | $198,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,976 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $35,174 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,240 |
| Total assets | $2,723,177 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rhode Island Interscholastic Injury Fund has awarded $98,544 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CRANSTON EAST HIGH SCHOOL - CHRISTIAN MESTRE PURPOSE: OUTSTANDING ALTHETE AND STUDENT | $1,000 |
HIGH SCHOOL BOYS PURPOSE: INJURY TREATMENT | $61,063 |
CRANSTON EAST HIGH SCHOOL - TRINITY SAAB PURPOSE: OUTSTANDING ATHLETE AND STUDENT | $1,000 |
HIGH SCHOOL GIRLS PURPOSE: INJURY TREATMENT | $31,481 |
LASALLE ACADEMY - LILY BORIN PURPOSE: OUTSTANDING ATHLETE AND STUDENT | $1,000 |
MT PLEASANT HIGH SCHOOL - ANTHONY JIMINEZ PURPOSE: OUTSTANDING ATHLETE AND STUDENT | $500 |