Portuguese American Social & Athletic Club

EIN: 050201937 Recreation & Sports

Smithfield, RI

Total Revenue
$146,646
Total Expenses
$146,043
Total Assets
$114,734
Net Assets
$77,170
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1929
Legal Domicile
RI
Principal Officer
John V Silvestri
Phone
4012311717
Tax Period
2025-01-01 to 2025-12-31

Portuguese American Social & Athletic Club, founded in 1929, is a small nonprofit in the Recreation & Sports sector that reported $147K in total revenue in fiscal year 2025. Revenue surged 50% from the prior year, signaling strong growth momentum.

Mission

proceeds of fundraisers and daily activities are used to support charitable and youth athletic activities

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,202
Program Service Revenue $13,587
Investment Income $4,965
Other Revenue $125,892
TOTAL REVENUE $146,646

Expense Breakdown

Grants Paid $3,911
Salaries & Benefits $37,779
Fundraising Expenses $0
Program Expenses $112,084
Other Expenses $104,353
TOTAL EXPENSES $146,043

Year-over-Year Comparison

2025 2024 Change
Revenue $146,646 $97,454 +0.5%
Expenses $146,043 $115,909 +0.3%
Net Income $603 $-18,455 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Passon Trustee 3.00
Director
$0 $0 $0
Jeff Huyler Trustee 0.00
Director
$0 $0 $0
Norman Pinette Trustee 0.00
Director
$0 $0 $0
Steve Erbe Trustee 0.00
Director
$0 $0 $0
John V Silvestri President 3.00
Officer
$0 $0 $0
Thomas Kennedy Treasurer 3.00
Officer
$0 $0 $0
Robert Halbin secretary 3.00
Officer
$0 $0 $0
Matthew Allen Financial Secretary 3.00
Officer
$0 $0 $0
Chris Kerwin Vice President 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $146,646 $146,043 $114,734 $603
2024 No data No data No data No data
2023 $129,358 $126,330 $132,090 $3,028
2022 $105,531 $94,513 $138,660 $11,018
2021 $114,659 $89,508 $136,846 $25,151
2019 $109,863 $110,426 $137,842 $-563
2018 $106,998 $118,915 $145,513 $-11,917
2017 $95,633 $104,308 $78,507 $-8,675
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