RHODE ISLAND AUTOMOBILE DEALERS (EIN 050207835) - Form 990 Financial Analysis & Trantor Score

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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

1910

Legal Domicile

Principal Officer

THADDEUS KRESSE

Phone

4017326870

Tax Period

2024-04-01 to 2025-03-31

RHODE ISLAND AUTOMOBILE DEALERS, founded in 1910, is a small nonprofit that reported $233K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $392K exceeded revenue, resulting in a 68% operating deficit.

Mission

TO PROMOTE ETHICAL BEHAVIOR AMONG AUTO DEALERS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $127,876

Investment Income $87,586

Other Revenue $17,511

TOTAL REVENUE $232,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $279,624

Fundraising Expenses $0

Other Expenses $112,273

TOTAL EXPENSES $391,897

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,973	$301,897	-0.2%
Expenses	$391,897	$354,739	+0.1%
Net Income	$-158,924	$-52,842	+2.0%

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

Governance

Voting Members

Independent Members

Employees

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

$194,994

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THADDEUS KRESSE	EXEC. VICE P	40.00	Officer	$150,231	$28,851	$179,082
JACK PERKINS	FORMER EXEC.	40.00	Officer	$11,037	$4,875	$15,912
MAUREEN BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
JIM HAGAN	VICE PRESIDE	1.00	Director	$0	$0	$0
ROBERT TASCA JR	SECRETARY/TR	1.00	Director	$0	$0	$0
JAY L'ARCHEVESQUE	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA RADEBACH	DIRECTOR	1.00	Director	$0	$0	$0
CAROL SACCUCCI	DIRECTOR	1.00	Director	$0	$0	$0
BRAD SCOTT	PRESIDENT	1.00	Director	$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	$232,973	$391,897	$1,386,089	$-158,924
2024	$301,897	$354,739	$1,549,386	$-52,842
2023	$180,110	$450,673	$1,558,227	$-270,563
2022	$337,389	$427,454	$1,988,425	$-90,065
2021	$159,657	$422,588	$2,110,503	$-262,931
2020	$372,231	$430,300	$2,047,262	$-58,069
2019	$405,257	$431,566	$2,158,233	$-26,309

RHODE ISLAND AUTOMOBILE DEALERS