Providence Student Union
- Assets
- $356.9k
- Revenue
- $393.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 05/2016
- Data as of
- 06/2022
- EIN
- 45-5052229
Organization Overview
Providence Student Union is located in Providence, RI. The organization was established in 2016. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Student Union 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 06/2022, Providence Student Union generated $393.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $294.0k during the year ending 06/2022. While expenses have increased by 7.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDENCE STUDENT UNION BUILDS STUDENT POWER TO IMPROVE OUR EDUCATION AND WELL-BEING. WE ENVISION A TRUE UNION FOR STUDENTS" THAT INCREASES YOUNG PEOPLE'S COLLECTIVE POWER AND ENSURES OUR FRUSTRATIONS, DEMANDS, AND DREAMS ARE HEARD. AT PSU, YOUNG PEOPLE GROW AS LEADERS, ORGANIZERS, AND ADVOCATES FOR JUSTICE IN ALL FORMS, TODAY AND THROUGHOUT THEIR LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDENCE STUDENT UNION (PSU) WORKED TO BUILD STUDENT POWER SO THAT YOUTH IN PROVIDENCE COULD IMPROVE THEIR EDUCATION AND WELL-BEING. KEY PROGRAM ACTIVITIES INCLUDED YOUTH-LED CAMPAIGNS, AFTERSCHOOL AND SUMMER PROGRAMS, EDUCATIONAL WORKSHOPS, AND MUTUAL AID PROGRAMS. ALL PSU CAMPAIGNS WERE INFORMED BY THE STUDENT BILL OF RIGHTS, WHICH UNITES A RANGE OF STUDENT DEMANDS FOR A SAFE, HEALTHY, AND ENGAGING EDUCATION. AFTER SEVERAL YEARS OF LITIGATION, AN AGREEMENT WAS REACHED IN THE COOK V. MCKEE (FORMERLY COOK V. RAIMONDO) CASE TO IMPROVE CIVICS EDUCATION IN RHODE ISLAND. PSU MADE PROGRESS ON THE COUNSELORS NOT COPS (CNC) CAMPAIGN, WHICH CALLS FOR THE REMOVAL OF SCHOOL RESOURCE OFFICERS (SROS) AND INCREASED ACCESS TO MENTAL HEALTH RESOURCES AND SUPPORT STAFF IN SCHOOL. PSU ALSO SUPPORTED EFFORTS TO IMPLEMENT ACCURATE, CULTURALLY RELEVANT CURRICULUM IN THE DISTRICT THROUGH THE ETHNIC STUDIES CAMPAIGN
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaya Sarkar Chair | OfficerTrustee | 5 | $0 |
Precious Lopez Executive Director | Officer | 40 | $0 |
Diana Canales Co-Exec Dir (1/2 Year) | Officer | 40 | $0 |
Yanine Castedo Director | Trustee | 1 | $0 |
Rachel Bishop Director | Trustee | 1 | $0 |
Jack Rusley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,677 |
| All other contributions, gifts, grants, and similar amounts not included above | $371,224 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $393,901 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $393,901 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,625 |
| Compensation of current officers, directors, key employees. | $19,814 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,193 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,753 |
| Payroll taxes | $15,009 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,000 |
| Fees for services: Accounting | $4,794 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,949 |
| Advertising and promotion | $1,217 |
| Office expenses | $6,976 |
| Information technology | $8,917 |
| Royalties | $0 |
| Occupancy | $33,434 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,894 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,817 |
| All other expenses | $3,119 |
| Total functional expenses | $293,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,918 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $356,919 |
| Accounts payable and accrued expenses | $2,786 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,786 |
| Net assets without donor restrictions | $354,133 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $356,919 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Providence Student Union has recieved totaling $103,553.
| Awarding Organization | Amount |
|---|---|
Nellie Mae Education Foundation Inc Quincy, MA PURPOSE: AMPLIFYING YOUTH VOICE: GENERAL OPERATING SUPPORT FOR PROVIDENCE STUDENT UNION | $50,000 |
Common Stream Inc Boston, MA PURPOSE: GENERAL FUND | $20,000 |
Nellie Mae Education Foundation Inc Quincy, MA PURPOSE: CAPACITY BUILDING REQUEST | $15,000 |
Abelard Foundation Inc New York, NY PURPOSE: SUPPORT | $12,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,000 |
Pearle W & Martin M Silverstein Foundation Providence, RI PURPOSE: GENERAL | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Possible Project Inc Boston, MA | $20,628,656 | $12,891,174 |
The Boston Education Development Foundation Inc Roxbury, MA | $14,159,042 | $7,338,660 |
Handz-On Inc Hartford, CT | $1,667,828 | $5,148,389 |
Fellowship Of Christians In Universities And Schools Inc New Canaan, CT | $15,092,232 | $4,910,009 |
School For Field Studies Inc Beverly, MA | $5,278,394 | $3,036,035 |
Massachuesetts Education And Career Opportunties Inc Worcester, MA | $1,916,451 | $3,715,649 |
Phillips Brook House Association Incorporated Cambridge, MA | $8,296,823 | $4,239,516 |
Leadership Education And Athletics In Partnership Inc New Haven, CT | $4,150,384 | $3,865,817 |
Massrobotics Inc Boston, MA | $5,521,015 | $2,970,436 |
Trio New College Network Inc Boston, MA | $2,088,983 | $2,177,684 |
Newport Community School Newport, RI | $462,009 | $1,777,393 |
Dwight Hall At Yale New Haven, CT | $14,166,310 | $1,991,502 |