Providence, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SILVER LAKE ANNEX MULTI-PURPOSE COMMUNITY CENTER, founded in 1977, is a small nonprofit in the Human Services sector that reported $430K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $480K exceeded revenue, resulting in a 11% operating deficit.
Our mission is to work towards the elimination of economic and social barriers for the Silver Lake Community of Providence Rhode Island by providing community services of Early Childhood Education, Before and After School daycare, Distribution of Food, Infant needs, Clothing, etc. We also provide senior and deaf programs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $430,399 | $491,278 | -0.1% |
| Expenses | $479,631 | $490,073 | 0.0% |
| Net Income | $-49,232 | $1,205 | -41.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michelle Cantini | Board Member | 20 |
Director
|
$21,555 | $0 | $21,555 |
| Bianca Ianitti | Board Member | 5 |
Director
|
$2,992 | $0 | $2,992 |
| John Carnevale | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Angelica Igliozzi | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Jean D'Arezzio | B0oard Member | 1 |
Director
|
$0 | $0 | $0 |
| Pabel Fernandez | Treasurer | 3 |
Officer
|
$0 | $0 | $0 |
| Steven Piscpiello | President | 5 |
Officer
|
$0 | $0 | $0 |
| Carl Carliccia | Vice-President | 1 |
Officer
|
$0 | $0 | $0 |
| Marissa Mancini | Secretary | 5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $430,399 | $479,631 | $408,178 | $-49,232 |
| 2024 | $491,278 | $490,073 | $541,067 | $1,205 |
| 2023 | $474,172 | $480,378 | $493,444 | $-6,206 |
| 2022 | $474,972 | $471,536 | $478,660 | $3,436 |
| 2021 | $466,340 | $405,505 | $320,372 | $60,835 |
| 2020 | $384,658 | $352,795 | $256,924 | $31,863 |
Compare SILVER LAKE ANNEX MULTI-PURPOSE COMMUNITY CENTER with other nonprofits in Rhode Island and across the country.