Rhode Island Publications Society (EIN 050414613) - 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

1986

Legal Domicile

Principal Officer

Patrick T Conley

Phone

4012721776

Tax Period

2025-01-01 to 2025-12-31

Rhode Island Publications Society, founded in 1986, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $20K in total revenue in fiscal year 2025. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 21% operating deficit.

Mission

Encourage scholarship in Rhode Island history, publishing manuscripts which make significant contributions to Rhode Island history. Encourage and furnish for its members an oppourtunity for scholarly discussions by offering a continuous

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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 (2025)

Revenue Breakdown

Contributions & Grants $18,000

Program Service Revenue $0

Investment Income $0

Other Revenue $2,208

TOTAL REVENUE $20,208

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,644

Other Expenses $24,407

TOTAL EXPENSES $24,407

Year-over-Year Comparison

	2025	2024	Change
Revenue	$20,208	$47,753	-0.6%
Expenses	$24,407	$15,330	+0.6%
Net Income	$-4,199	$32,423	-1.1%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Patrick T Conley	President	2.00	Officer Director	$0	$0	$0
Russell DeSimone	Vice President	2.00	Officer Director	$0	$0	$0
Kenneth Dooley	Secretary	2.00	Officer Director	$0	$0	$0
Gail C Conley	Treasurer	2.00	Officer Director	$0	$0	$0
Erik Chaput	Director	2.00	Director	$0	$0	$0
D Scott Molloy	Director	2.00	Director	$0	$0	$0
Christian McBurney	Director	2.00	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	$20,208	$24,407	$113,891	$-4,199
2024	$47,753	$15,330	$118,447	$32,423
2023	$17,792	$17,857	$81,486	$-65
2022	$20,842	$20,073	$81,888	$769
2021	$7,044	$79,535	$81,119	$-72,491
2020	$9,761	$13,879	$153,610	$-4,118
2019	$45,059	$43,949	$135,728	$1,110

Rhode Island Publications Society