Narragansett Lions Charities Inc

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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

2007

Legal Domicile

Principal Officer

Brian Pickell

Tax Period

2022-07-01 to 2023-06-30

Narragansett Lions Charities Inc, founded in 2007, is a small nonprofit in the Human Services sector that reported $113K in total revenue in fiscal year 2022. Revenue surged 73% from the prior year, signaling strong growth momentum.

Mission

TO CREATE AND FOSTER A SPIRIT OF UNDERSTANDING AMONG ALL PEOPLE FOR HUMANITARIAN NEEDS BY PROVIDING VOLUNTARY SERVICES THROUGH COMMUNITY INVOLVEMENT AND INTERNATIONAL COOPERATION.

Program Service Accomplishments

Program 1

Expenses: $118,541 Revenue: $97,605

SPONSORED FUNDRAISING EVENTS DURING THE YEAR TO ASSIST RESIDENTS AND CHARITABLE ORGANIZATIONS LOCATED PRIMARILY IN SOUTH COUNTY, RI.

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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 (2022)

Revenue Breakdown

Contributions & Grants $14,936

Program Service Revenue $0

Investment Income $0

Other Revenue $97,605

TOTAL REVENUE $112,541

Expense Breakdown

Grants Paid $118,541

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,541

Other Expenses $0

TOTAL EXPENSES $118,541

Year-over-Year Comparison

	2022	2021	Change
Revenue	$112,541	$64,951	+0.7%
Expenses	$118,541	$67,760	+0.7%
Net Income	$-6,000	$-2,809	+1.1%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN PICKELL	President	5.00	Officer Director	$0	$0	$0
ERIK MENKE	Secretary	15.00	Officer Director	$0	$0	$0
MARK ELDRIDGE	Treasurer	10.00	Officer Director	$0	$0	$0
KEVIN PETIT	Director	5.00	Director	$0	$0	$0
SUE BUONANNO	Director	5.00	Director	$0	$0	$0
DAN CARTER	Director	5.00	Director	$0	$0	$0
BOB DONNELLY	Director	5.00	Director	$0	$0	$0
DAVID KRUGMAN	Director	5.00	Director	$0	$0	$0
WES LESSARD	Director	5.00	Director	$0	$0	$0
JOE TORREALDAY	Director	5.00	Director	$0	$0	$0
SUE WRIGHT	Director	5.00	Director	$0	$0	$0
RYAN MEYER	Director	5.00	Director	$0	$0	$0
JOSEPH VINGI	Director	5.00	Director	$0	$0	$0
SHEILA SWEENEY	Director	5.00	Director	$0	$0	$0
ALVIN GABRILOWITZ	Director	5.00	Director	$0	$0	$0
KIRK PICKELL	Director	5.00	Director	$0	$0	$0
Cait Clement	Director	5.00	Director	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$112,541	$118,541	No data	$-6,000