COMMUNITY CENTER OF GRUPO AMIGOS DA TERCEIRA

EIN: 050494099 Recreation & Sports

PAWTUCKET, RI

Total Revenue
$650,415
Total Expenses
$656,321
Total Assets
$654,865
Net Assets
$503,645
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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
1988
Legal Domicile
RI
Principal Officer
JOSEPH A CAVACO
Phone
4017222110
Tax Period
2024-04-01 to 2025-03-31

COMMUNITY CENTER OF GRUPO AMIGOS DA TERCEIRA, founded in 1988, is a small nonprofit in the Recreation & Sports sector that reported $650K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

A SOCIAL ORGANIZATION DEDICATED TO THE ADVANCEMENT OF THE PORTUGUESE HERITAGE, LANGUAGE, AND CUSTOMS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $44,438
Program Service Revenue $612,836
Investment Income $0
Other Revenue $-6,859
TOTAL REVENUE $650,415

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,369
Fundraising Expenses $0
Other Expenses $628,952
TOTAL EXPENSES $656,321

Year-over-Year Comparison

2024 2023 Change
Revenue $650,415 $444,960 +0.5%
Expenses $656,321 $474,980 +0.4%
Net Income $-5,906 $-30,020 -0.8%
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

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
40

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELIO PEREIRA PRESIDENT 12.00
Officer
$0 $0 $0
NATHAN PEREIRA VICE PRESIDENT 12.00
Officer
$0 $0 $0
JOSEPH A CAVACO TREASURER 12.00
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
2025 $650,415 $656,321 $654,865 $-5,906
2020 $200,769 $228,420 $811,632 $-27,651
2019 $206,249 $203,874 $876,085 $2,375
2018 $175,689 $189,150 $907,331 $-13,461
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