Rhode Island Interscholastic League Inc
- Assets
- $4.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 6
- Location
- Warwick, RI
- Founding
- 04/1990
- Data as of
- 07/2021
- EIN
- 05-0275539
Organization Overview
Rhode Island Interscholastic League Inc is located in Warwick, RI. The organization was established in 1990. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 07/2021, Rhode Island Interscholastic League Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Interscholastic League Inc 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 07/2021, Rhode Island Interscholastic League Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.2m during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BOYS AND GIRLS HIGH SCHOOL ATHLECTICS
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGULATE, COORDINATE AND ENHANCE THE ATHLETIC PROGRAMS FOR BOYS AND GIRLS IN RHODE ISLAND HIGH SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lunney Executive Director | Officer | 40 | $134,586 |
Thomas Marcello Assistant Director | Officer | 40 | $93,084 |
Donna Kane Business Manager | Officer | 30 | $92,091 |
Sean T Kelly Chairman | OfficerTrustee | 10 | $0 |
Daniel Warner Asst Chairman | OfficerTrustee | 10 | $0 |
Neeltje Henneman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $434,887 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $266,619 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $701,506 |
| Total Program Service Revenue | $403,666 |
| Investment income | $32,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400 |
| Net Gain/Loss on Asset Sales | $52,227 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,194,962 |
| 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. | $319,761 |
| Compensation of current officers, directors, key employees. | $63,952 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,536 |
| Pension plan accruals and contributions | $35,051 |
| Other employee benefits | $7,516 |
| Payroll taxes | $39,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $86 |
| Office expenses | $0 |
| Information technology | $56,735 |
| Royalties | $0 |
| Occupancy | $23,484 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,389 |
| Insurance | $53,934 |
| All other expenses | $123,649 |
| Total functional expenses | $1,229,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $996,058 |
| Savings and temporary cash investments | $123,005 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,849 |
| 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 | $13,067 |
| Net Land, buildings, and equipment | $549,649 |
| Investments—publicly traded securities | $1,270,369 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,384,547 |
| Total assets | $4,382,544 |
| Accounts payable and accrued expenses | $48,689 |
| 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 | $548,164 |
| Total liabilities | $596,853 |
| Net assets without donor restrictions | $2,389,279 |
| Net assets with donor restrictions | $1,396,412 |
| 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 | $4,382,544 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rhode Island Interscholastic League Inc has recieved totaling $130,000.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: OPERATION CLEAN COMPETITION | $130,000 |
Endowment Analysis
| Beg. Balance | $1,226,323 |
| Earnings | $157,024 |
| Ending Balance | $1,383,347 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newton Community Service Centers Inc West Newton, MA | $2,289,980 | $4,749,934 |
Winding Trails Inc Farmington, CT | $7,374,306 | $2,801,335 |
Rhode Island Interscholastic League Inc Warwick, RI | $4,382,544 | $1,194,962 |
United Workers Inc New Haven, CT | $1,308,064 | $1,358,213 |
Intercollegiate Womens Lacrosse Coaches Association Inc Northborough, MA | $760,191 | $1,196,915 |
Wellesley United Soccer Club Inc Wellesley Hills, MA | $1,494,733 | $1,155,570 |
Eastern College Athletic Conference Inc Danbury, CT | $456,901 | $1,031,018 |
Newton Girls Soccer Inc Newton Upper Falls, MA | $763,753 | $809,033 |
New England Small College Athletic Conference Hadley, MA | $223,083 | $481,785 |
Narragansett Boat Club Providence, RI | $1,422,698 | $675,934 |
Landmark Conference Inc Marshfield, MA | $454,186 | $392,447 |
Hopkinton Youth Soccer Inc Hopkinton, MA | $152,489 | $401,591 |