PARENT SUPPORT NETWORK OF RHODE ISLAND (EIN 050473340) - 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

1993

Legal Domicile

Principal Officer

LISA CONLAN

Phone

4014676855

Tax Period

2022-07-01 to 2023-06-30

PARENT SUPPORT NETWORK OF RHODE ISLAND, founded in 1993, is a community nonprofit in the Human Services sector that reported $4.4M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $4.2M left a modest 4% surplus.

Mission

THE PARENT SUPPORT NETWORK OF RI IS A GROUP OF PARENTS, FAMILY MEMBERS, TRANSITION AGE YOUTH, AND ADULTS WITH BEHAVIORAL HEALTH LIVED EXPERIENCE WHO ARE COMMITTED TO SUPPORTING AND ASSISTING PEERS AND WORKING WITH STATEWIDE AND NATIONAL PARTNERS TO EMPOWER CHILDREN, YOUTH, FAMILIES AND INDIVIDUALS THROUGH DYNAMIC SUPPORTS, EDUCATION, AND ADVOCACY TO PREVENT ABUSE AND NEGLECT, REDUCE DISPARITIES, AND PROGRESS TOWARDS UNIVERSAL HEALTH, WELLNESS, AND RECOVERY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,885,518

Program Service Revenue $2,496,623

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,382,141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,189,856

Fundraising Expenses $0

Program Expenses $4,083,082

Other Expenses $1,038,260

TOTAL EXPENSES $4,228,116

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,382,141	$3,917,815	+0.1%
Expenses	$4,228,116	$3,460,374	+0.2%
Net Income	$154,025	$457,441	-0.7%

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

$95,061

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDY BATES	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL FERRER	DIRECTOR	2.00	Director	$0	$0	$0
MOLLY WHITE	DIRECTOR	2.00	Director	$0	$0	$0
GENE CAVALIERE	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINE MONROE	DIRECTOR	2.00	Director	$0	$0	$0
LISA CONLAN	EXECUTIVE DIRECTOR	40.00	Officer	$95,061	$0	$95,061

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
2023	$4,382,141	$4,228,116	$851,938	$154,025
2022	$3,917,815	$3,460,374	$1,041,018	$457,441
2021	$2,448,252	$2,335,538	$619,552	$112,714
2020	$2,388,339	$2,057,874	$483,975	$330,465
2019	$1,779,902	$1,925,893	$151,608	$-145,991
2018	$1,415,100	$1,559,107	$210,375	$-144,007

PARENT SUPPORT NETWORK OF RHODE ISLAND