Grantmakers Council Of Rhode Island Inc
- Assets
- $147.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 27-0059468
Organization Overview
Grantmakers Council Of Rhode Island Inc is located in Providence, RI. The organization was established in 2003. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grantmakers Council Of Rhode Island 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 12/2023, Grantmakers Council Of Rhode Island Inc generated $65.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $48.7k during the year ending 12/2023. While expenses have increased by 12.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED RESOURCES, PROFESSIONAL DEVELOPMENT, AND OPPORTUNITIES FOR COLLABORATION, NETWORKING, ANDENGAGEMENT WITH NONPROFIT PARTNERS TO INCREASE EFFECTIVENESS AND IMPACT OF PHILANTHROPY IN RI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Brendler President | 1.5 | $0 | |
Elizabeth Francis Vice President | 1.5 | $0 | |
Kelly Nevins Treasurer | 0.5 | $0 | |
Kate Medeiros Secretary | 0.5 | $0 | |
Carolyn Belisle Board Member | 0.5 | $0 | |
Ashley Barrett Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,525 |
| Membership dues | $58,800 |
| Investment income | $1,083 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,408 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,614 |
| Professional fees and other payments to independent contractors | $6,280 |
| Occupancy, rent, utilities, and maintenance | $1,961 |
| Printing, publications, postage, and shipping | $76 |
| Other expenses | $2,734 |
| Total expenses | $48,665 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,882 |
| Other assets | $0 |
| Total assets | $147,382 |
| Total liabilities | $47,818 |
| Net assets or fund balances | $99,564 |