EASTERN STAR FOUNDATION OF RI INC (EIN 050462285) - 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

Tax Period

2024-01-01 to 2024-12-31

EASTERN STAR FOUNDATION OF RI INC, founded in 1991, is a micro nonprofit that reported $95K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $38K, a strong 40% operating margin.

Mission

TO RAISE AND MANAGE FUNDS USED FOR SCHOLARSHIPS AND CHARITABLE DONATIONS

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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 (2024)

Revenue Breakdown

Contributions & Grants $26,818

Program Service Revenue $0

Investment Income $68,274

Other Revenue $0

TOTAL REVENUE $95,092

Expense Breakdown

Grants Paid $15,010

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,690

Other Expenses $41,680

TOTAL EXPENSES $56,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,092	$114,861	-0.2%
Expenses	$56,690	$59,285	0.0%
Net Income	$38,402	$55,576	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY LOU SILVA	DIRECTOR	1.00	Director	$0	$0	$0
FRANCES KANE	DIRECTOR	0.30	Director	$0	$0	$0
DAVID OGILVIE	TREASURER EMERITUS	1.00	Director	$0	$0	$0
BRENDA MACDONALD	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD THERRIEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHRYN NEWMAN	FINANCIAL SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN URSILLO	SECRETARY	0.30	Officer Director	$0	$0	$0
RICHARD HARRELL	PRESIDENT	0.30	Officer Director	$0	$0	$0
DEBORAH THERRIEN	TREASURER	0.30	Officer 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	$95,092	$56,690	$1,239,763	$38,402
2023	$114,861	$59,285	$1,153,616	$55,576
2022	$70,281	$55,331	$1,232,722	$14,950
2021	$183,710	$65,979	$1,281,010	$117,731
2020	$15,032	$44,872	$1,098,631	$-29,840
2019	$33,537	$37,311	$1,067,979	$-3,774
2018	$67,006	$64,489	$974,120	$2,517

EASTERN STAR FOUNDATION OF RI INC