CENTRAL FALLS FAMILY SELF- SUFFICIENCY FOUNDATION

EIN: 050486135 501(c)(3) Employment

CENTRAL FALLS, RI

Total Revenue
$12,103
Total Expenses
$94,470
Total Assets
$324,458
Net Assets
$304,287
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
RI
Principal Officer
BRIDGETT DUQUETTE
Phone
4017279090
Tax Period
2023-10-01 to 2024-09-30

CENTRAL FALLS FAMILY SELF- SUFFICIENCY FOUNDATION, founded in 1995, is a micro nonprofit in the Employment sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $94K exceeded revenue, resulting in a 681% operating deficit.

Mission

PROVIDE ASSISTANCE TO LOW-INCOME TENANTS OF THE CENTRAL FALLS HOUSING AUTHORITY THROUGH NEEDED SUPPORT TO COMPLETE THEIR EDUCATION, ENTER THE WORKFORCE AND ENJOY FINANCIAL INDEPENDENCE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,102
Program Service Revenue $0
Investment Income $1
Other Revenue $0
TOTAL REVENUE $12,103

Expense Breakdown

Grants Paid $75,180
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $82,932
Other Expenses $19,290
TOTAL EXPENSES $94,470

Year-over-Year Comparison

2023 2022 Change
Revenue $12,103 $120,004 -0.9%
Expenses $94,470 $53,768 +0.8%
Net Income $-82,367 $66,236 -2.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIGUEL GARCIA CHAIRMAN 1.00
Officer Director
$0 $0 $0
JACKELINE PARRA VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JONATHAN KELLY DIRECTOR 1.00
Director
$0 $0 $0
LESLIE ESTRADA-BERROA DIRECTOR 1.00
Director
$0 $0 $0
M GIDGET GRIVERS DIRECTOR 1.00
Director
$0 $0 $0
BRIDGETT DUQUETTE EXECUTIVE DIRECTOR 1.00
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
2024 $12,103 $94,470 $324,458 $-82,367
2023 $120,004 $53,768 $414,703 $66,236
2022 $224,477 $97,373 $326,143 $127,104
2021 $262,205 $160,123 $200,871 $102,082
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CENTRAL FALLS FAMILY SELF- SUFFICIENCY FOUNDATION with other nonprofits in Rhode Island and across the country.