SOUTH PROVIDENCE HEBREW FREE LOAN

EIN: 050277510 501(c)(3)

Warwick, RI

Total Revenue
$7,517
Total Expenses
$26,336
Total Assets
$741,975
Net Assets
$741,975
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
RI
Principal Officer
BARRY SCHIFF
Tax Period
2020-01-01 to 2020-12-31

SOUTH PROVIDENCE HEBREW FREE LOAN, founded in 1913, is a micro nonprofit that reported $8K in total revenue in fiscal year 2020. Revenue decreased 20% compared to the prior year. Expenses of $26K exceeded revenue, resulting in a 250% operating deficit.

Mission

GIVE INTEREST FREE LOANS TO MEMBERS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $5,726
Program Service Revenue $0
Investment Income $1,791
Other Revenue $0
TOTAL REVENUE $7,517

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,930
Fundraising Expenses $290
Other Expenses $12,406
TOTAL EXPENSES $26,336

Year-over-Year Comparison

2020 2019 Change
Revenue $7,517 $9,393 -0.2%
Expenses $26,336 $25,249 +0.0%
Net Income $-18,819 $-15,856 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
N/A
Employees
1
Volunteers
8

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY DAVIS TREASURER 0.00
Officer
$0 $0 $0
ELLIOTT PRITIKIN SECRETARY 0.00
Officer
$0 $0 $0
BARRY SCHIFF PRESIDENT 0.00
Officer
$0 $0 $0
BARRY ACKERMAN 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
2020 $7,517 $26,336 $741,975 $-18,819
2019 $9,393 $25,249 $712,227 $-15,856
2018 $14,779 $25,511 $728,083 $-10,732
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SOUTH PROVIDENCE HEBREW FREE LOAN with other nonprofits in Rhode Island and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.