QUAKER ESTATES OF PORTSMOUTH III INC

EIN: 204128300 501(c)(3)

PORTSMOUTH, RI

Total Revenue
$59,467
Total Expenses
$85,764
Total Assets
$911,679
Net Assets
$893,375
🔒

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
2008
Legal Domicile
RI
Principal Officer
Katrine Hansen
Phone
4016833173
Tax Period
2018-01-01 to 2018-12-31

QUAKER ESTATES OF PORTSMOUTH III INC, founded in 2008, is a micro nonprofit that reported $59K in total revenue in fiscal year 2018. Expenses of $86K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROVIDE HOUSING FOR ELIGIBLE ELDERLY PERSONS

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $58,847
Investment Income $37
Other Revenue $583
TOTAL REVENUE $59,467

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $53,058
Other Expenses $85,764
TOTAL EXPENSES $85,764

Year-over-Year Comparison

2018 2017 Change
Revenue $59,467 $59,363 +0.0%
Expenses $85,764 $77,376 +0.1%
Net Income $-26,297 $-18,013 +0.5%
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
6
Independent Members
6
Employees
N/A
Volunteers
6

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
$69,000
Total Directors
6
$69,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katrine Hansen VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
Rachel Kelley SECRETARY/TREASURER 1.00
Officer Director
$0 $35,000 $35,000
KENNETH E JONES Director 1.00
Director
$0 $0 $0
Kim Kelley DIRECTOR 1.00
Director
$0 $0 $0
Jon Richmond DIRECTOR 1.00
Director
$0 $0 $0
Allison Serina Treasurer 1.00
Officer Director
$0 $34,000 $34,000
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
2018 $59,467 $85,764 $911,679 $-26,297
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare QUAKER ESTATES OF PORTSMOUTH III INC with other nonprofits in Rhode Island and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.