RHODE ISLAND PARTNERSHIP FOR HOME CARE INC

EIN: 050457365

WARWICK, RI

Total Revenue
$228,645
Total Expenses
$200,592
Total Assets
$273,921
Net Assets
$167,113
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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
1990
Legal Domicile
RI
Principal Officer
NICHOLAS OLIVER
Phone
4013511010
Tax Period
2025-01-01 to 2025-12-31

RHODE ISLAND PARTNERSHIP FOR HOME CARE INC, founded in 1990, is a small nonprofit that reported $229K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. Expenses of $201K left a modest 12% surplus.

Mission

TO FOSTER, DEVELOP, PROMOTE AND MAINTAIN HIGH AND ETHICAL STANDARDS OF PATIENT CARE AND HOME CARESERVICES, AND ENGAGE IN ADVOCACY FOR HOME HEALTH.

Program Service Accomplishments

Program 1

THE ROLE OF THE PARTNERSHIP IS TO PROVIDE A UNIFIED VOICE IN THE PROMOTION OF STANDARDS OF EXCELLENCE IN HOME CARE AND HOSPICE SERVICES AND TO ADVANCE THE POSITION OF HOME CARE AS AN INTEGRAL...

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THE ROLE OF THE PARTNERSHIP IS TO PROVIDE A UNIFIED VOICE IN THE PROMOTION OF STANDARDS OF EXCELLENCE IN HOME CARE AND HOSPICE SERVICES AND TO ADVANCE THE POSITION OF HOME CARE AS AN INTEGRAL COMPONENT OF RHODE ISLAND'S ACUTE CARE AND LONG TERM CARE HEALTH SYSTEM.

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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 $206,984
Program Service Revenue $18,372
Investment Income $3,289
Other Revenue $0
TOTAL REVENUE $228,645

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $200,592
TOTAL EXPENSES $200,592

Year-over-Year Comparison

2025 2024 Change
Revenue $228,645 $257,031 -0.1%
Expenses $200,592 $195,835 +0.0%
Net Income $28,053 $61,196 -0.5%
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
9
Independent Members
9
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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICHOLAS OLIVER EXECUTIVE DIRECTOR 2.00
Director
$0 $0 $0
KELECHI AGWUNOBI DIRECTOR 2.00
Director
$0 $0 $0
CHRISTY DRISCOLL DIRECTOR 2.00
Director
$0 $0 $0
JEAN-MARIE KLIMM DIRECTOR 2.00
Director
$0 $0 $0
LUZ RODRIGUES DIRECTOR 2.00
Director
$0 $0 $0
STEPHANIE RYAN DIRECTOR 2.00
Director
$0 $0 $0
N/A PRESIDENT 2.00
$0 $0 $0
N/A VICE PRESIDENT 2.00
$0 $0 $0
N/A SECRETARY / TREASURER 2.00
$0 $0 $0
CHERYL LEVESQUE IMMEDIATE PAST PRESIDENT 2.00
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 $228,645 $200,592 $273,921 $28,053
2024 No data No data No data No data
2023 $202,663 $239,766 $117,346 $-37,103
2022 $227,671 $192,558 $136,071 $35,113
2021 $204,017 $179,389 $121,304 $24,628
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