ASSOCIATED BUILDERS AND CONTRACTORS OF RHODE ISLAND INC (EIN 050461806) - 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

1991

Legal Domicile

Principal Officer

DIANNE FALK

Phone

4013053510

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATED BUILDERS AND CONTRACTORS OF RHODE ISLAND INC, founded in 1991, is a small nonprofit that reported $351K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $387K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO CREATE AN ENVIRONMENT THAT PROVIDES MERIT SHOP CONTRACTORS EQUAL OPPORTUNITY TO BID AND PERFORM ANY PROJECTS. TO PROVIDE THE HIGHEST QUALITY CONSTRUCTION WHILE PROMOTING EDUCATION, SAFETY AND CIVIC INVOLVEMENT. TO HAVE MEMBERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $42,306

Program Service Revenue $292,959

Investment Income $2,159

Other Revenue $13,822

TOTAL REVENUE $351,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $160,393

Fundraising Expenses $0

Other Expenses $226,788

TOTAL EXPENSES $387,181

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,246	$304,528	+0.2%
Expenses	$387,181	$341,882	+0.1%
Net Income	$-35,935	$-37,354	0.0%

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

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

$114,641

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC BIALEK	PRESIDENT	40.00	Officer	$106,445	$8,196	$114,641
LYNN KENT	CHAIR	2.00	Officer Director	$0	$0	$0
ANGELO BALASSONE	IMMEDIATE PAST CHAIR	2.00	Officer Director	$0	$0	$0
DEBORAH LOTOCKI	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
COLE WHITEHEAD	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MIKE CRAWLEY	TREASURER	2.00	Officer Director	$0	$0	$0
DIANNE FALK	SECRETARY	2.00	Officer Director	$0	$0	$0
STEVE BENFEITO	DIRECTOR	2.00	Director	$0	$0	$0
MARC BIANCO	DIRECTOR	2.00	Director	$0	$0	$0
KRISTEN BRESCIA	DIRECTOR	2.00	Director	$0	$0	$0
PHIL FRESHMAN	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE GRAYSON	DIRECTOR	2.00	Director	$0	$0	$0
PETER JACAVONE	DIRECTOR	2.00	Director	$0	$0	$0
JEFF MINUTO	DIRECTOR	2.00	Director	$0	$0	$0
JAMES PARE	DIRECTOR	2.00	Director	$0	$0	$0
BRENDA RAPOSO	DIRECTOR	2.00	Director	$0	$0	$0
JOSEPH REALE	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN RENAUD	DIRECTOR	2.00	Director	$0	$0	$0
AMANDA TERRY	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER WHITNEY	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
2024	No data	No data	No data	No data
2023	$351,246	$387,181	$462,929	$-35,935
2022	$304,528	$341,882	$520,450	$-37,354
2021	$309,033	$297,811	$398,572	$11,222
2020	$309,010	$269,352	$374,733	$39,658
2019	$308,330	$326,964	$348,983	$-18,634
2018	$330,413	$299,445	$334,866	$30,968

ASSOCIATED BUILDERS AND CONTRACTORS OF RHODE ISLAND INC