PROVIDENCE, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE RHODE ISLAND FREE CLINIC INC, founded in 1998, is a community nonprofit in the Health Care sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 13% surplus.
THE RHODE ISLAND FREE CLINIC (RIFC) PROVIDES COMPREHENSIVE AND HIGH-QUALITY HEALTHCARE SERVICES TO UNINSURED ADULTS RESIDING IN RHODE ISLAND. IT ALSO SERVES AS A TRAINING SIRE FOR ASPIRING HEALTHCARE PROFESSIONAL.
TRAINING - THE CLINIC IS THE NORTHERN RHODE ISLAND HEALTH EDUCATION CENTER (AHEC). THROUGH IT THE CLINIC COLLABORATED WITH 17 ACADEMIC AND TRAINING PARTNERS TO PROVIDE OVER 150 HEALTHCARE TRAINEES...
TRAINING - THE CLINIC IS THE NORTHERN RHODE ISLAND HEALTH EDUCATION CENTER (AHEC). THROUGH IT THE CLINIC COLLABORATED WITH 17 ACADEMIC AND TRAINING PARTNERS TO PROVIDE OVER 150 HEALTHCARE TRAINEES WITH FACULTY-SUPERVISED TRAINING. TRAINING INCLUDED SKILLS AND SITE-BASED EXPERIENCE IN OVER 12 DISCIPLINES.
IN 2023 THE CLINIC MOBILIZED 522 VOLUNTEERS AND COMMUNITY PARTNERS TO DELIVER COMPREHENSIVE HEALTHCARE. VOLUNTEERS INCLUDED DOCTORS, DENTISTS, NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS, NURSES...
IN 2023 THE CLINIC MOBILIZED 522 VOLUNTEERS AND COMMUNITY PARTNERS TO DELIVER COMPREHENSIVE HEALTHCARE. VOLUNTEERS INCLUDED DOCTORS, DENTISTS, NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS, NURSES, BEHAVIORAL HEALTH CLINICIANS, PHYSICAL THERAPISTS, DIABETES EDUCATORS, LANGUAGE INTERPRETERS, MEDICAL ASSISTANTS, AND OTHERS. CARE WAS PROVIDED AT THE CLINIC'S STATE-OF-THE-ART FACILITY AT 655 BROAD STREET, PROVIDENCE, RI.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,199,417 | $1,622,642 | +0.4% |
| Expenses | $1,910,491 | $1,793,485 | +0.1% |
| Net Income | $288,926 | $-170,843 | -2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM FITZGERALD | PRESIDENT EMERITUS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY CHASE LUBITZ ESQ | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CARRIE BRIDGES FELIZ MPH | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLINE TROISE MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELE LEDERBERG ESQ | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK MARTIN CPA | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JERRY FINGERUT MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LOREE DUBOIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SAMUEL BRADNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HERBERT RAKATANSKY MD FACG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PHILIP R RIZZUTO MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEHANNE BJORNBYE ESQ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE GREER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH PERRONI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MELINDA DELANEY MD | VOLUNTEER MEDICAL DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANA DUCHARME ESQ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRAVIS ESCOBAR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RILWAN FEYISITAN JR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRENDAN KANE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARINA RODRIGUEZ MD | BOARD MEMBER | 1.00 |
Director
|
$27,857 | $0 | $27,857 |
| FORREST A DANIELS MPA DSC FACHE | CHIEF EXECUTIVE OFFICER UNTIL MARCH 2024 | 40.00 |
Officer
|
$186,875 | $14,792 | $201,667 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,199,417 | $1,910,491 | $3,018,924 | $288,926 |
| 2022 | $1,622,642 | $1,793,485 | $2,312,863 | $-170,843 |
| 2021 | $2,058,658 | $1,706,889 | $2,540,511 | $351,769 |
| 2020 | $1,875,636 | $1,436,144 | $2,254,684 | $439,492 |
| 2019 | $1,243,214 | $1,326,915 | $1,675,972 | $-83,701 |
| 2018 | $1,241,073 | $1,183,193 | $1,766,164 | $57,880 |
Compare THE RHODE ISLAND FREE CLINIC INC with other nonprofits in Rhode Island and across the country.