Rhode Island Business Plan Competition
- Assets
- $10.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 06/2006
- Data as of
- 06/2023
- EIN
- 56-2534012
Organization Overview
Rhode Island Business Plan Competition is located in Providence, RI. The organization was established in 2006. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Business Plan Competition 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 06/2023, Rhode Island Business Plan Competition generated $73.0k 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 (11.5%) each year. All expenses for the organization totaled $82.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CONDUCTED THE BUSINESS PLAN COMPETITION WHICH HAD A TOTALOF 33 COMPETITORS. FOUR PRIZES WERE AWARDED TO THEWINNER AND FINALISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret D Farrell ESQ Pres/director | 1 | $0 | |
Elizabeth Carter Director | 1 | $0 | |
Anthony Mangiarelli Treasurer/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,010 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,040 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,719 |
| Total expenses | $82,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,246 |
| Other assets | $0 |
| Total assets | $10,246 |
| Total liabilities | $8,000 |
| Net assets or fund balances | $2,246 |