PROVPORT INC (EIN 050479488) - 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

1994

Legal Domicile

Principal Officer

WILLIAM BRODY ESQ

Phone

4017814717

Tax Period

2024-07-01 to 2025-06-30

PROVPORT INC, founded in 1994, is a mid-sized nonprofit in the Community Improvement sector that reported $17.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

DEVELOPMENT OF THE PORT OF PROVIDENCE

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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 $0

Program Service Revenue $17,078,571

Investment Income $500,036

Other Revenue $27,063

TOTAL REVENUE $17,605,670

Expense Breakdown

Grants Paid $28,500

Salaries & Benefits $239,154

Fundraising Expenses $0

Program Expenses $7,415,821

Other Expenses $17,997,977

TOTAL EXPENSES $18,265,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,605,670	$14,994,728	+0.2%
Expenses	$18,265,631	$14,171,122	+0.3%
Net Income	$-659,961	$823,606	-1.8%

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

$239,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL MOURA	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SUSAN FABRIZIO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LOPES	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH MCGONAGLE	DIRECTOR	1.00	Director	$0	$0	$0
MARK NEWHART	DIRECTOR	1.00	Director	$0	$0	$0
SABINA MATOS	DIRECTOR	1.00	Director	$0	$0	$0
JULIETTA GEORGAKIS	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM BRODY ESQ	SECRETARY/GENERAL COUNSEL	40.00	Officer	$200,000	$39,000	$239,000

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	$17,605,670	$18,265,631	$61,974,302	$-659,961
2024	$14,994,728	$14,171,122	$63,150,181	$823,606
2023	$14,666,567	$15,234,839	$50,534,724	$-568,272
2022	$11,716,204	$13,518,567	$45,314,013	$-1,802,363
2021	$10,264,639	$9,960,837	$45,069,804	$303,802
2020	$10,060,167	$10,964,676	$46,560,507	$-904,509
2019	$8,997,181	$6,984,515	$44,842,351	$2,012,666

PROVPORT INC