SAN MIGUEL EDUCATION CENTER

EIN: 223232973 501(c)(3)

PROVIDENCE, RI

Total Revenue
$3,192,591
Total Expenses
$2,284,649
Total Assets
$13,938,653
Net Assets
$13,689,414
🔒

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
1993
Legal Domicile
RI
Principal Officer
MEL BRIDE
Phone
4014679777
Tax Period
2023-07-01 to 2024-06-30

SAN MIGUEL EDUCATION CENTER, founded in 1993, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $908K, a strong 28% operating margin.

Mission

TO PROVIDE A HIGH QUALITY, HOLISTIC EDUCATION FOR BOYS FROM DIVERSE AND CHALLENGING BACKGROUNDS.

🔒

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 $2,543,430
Program Service Revenue $104,655
Investment Income $448,262
Other Revenue $96,244
TOTAL REVENUE $3,192,591

Expense Breakdown

Grants Paid $87,440
Salaries & Benefits $1,370,158
Fundraising Expenses $380,680
Program Expenses $1,765,181
Other Expenses $827,051
TOTAL EXPENSES $2,284,649

Year-over-Year Comparison

2023 2022 Change
Revenue $3,192,591 $2,822,838 +0.1%
Expenses $2,284,649 $2,098,668 +0.1%
Net Income $907,942 $724,170 +0.3%
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
19
Independent Members
19
Employees
30
Volunteers
132

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
5
$116,534
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY BUTLER CHAIR 3.00
Officer Director
$0 $0 $0
PAUL MAHONEY VICE CHAIR 3.00
Officer Director
$0 $0 $0
MICHAEL COSTELLO TREASURER 3.00
Officer Director
$0 $0 $0
BERT COOPER SECRETARY 3.00
Officer Director
$0 $0 $0
JAMAL BURK BOARD MEMBER 1.00
Director
$0 $0 $0
MARLON HENRY BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL DEL ROSARIO BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT MCMAHON BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL NERBONNE BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER PATTON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS ROGERS BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH SCHWARTZ BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE SPATCHER BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT STEVENSON BOARD MEMBER 1.00
Director
$0 $0 $0
JACK WALSH BOARD MEMBER 1.00
Director
$0 $0 $0
MITCHELL TIAH BOARD MEMBER 1.00
Director
$0 $0 $0
BR JOSEPH MACIOCE BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES WORRELL MEMBER AT LARGE 2.00
Director
$0 $0 $0
JUSTIN MARTINEAU BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN WOLF EXECUTIVE DIRECTOR 50.00
Officer
$77,811 $38,723 $116,534
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 $3,192,591 $2,284,649 $13,938,653 $907,942
2024 No data No data No data No data
2023 $2,822,838 $2,098,668 $12,812,051 $724,170
2023 $2,822,838 $2,098,668 $12,812,051 $724,170
2023 $2,822,838 $2,098,668 $12,812,051 $724,170
2022 $3,606,135 $2,071,751 $11,795,867 $1,534,384
2021 $5,640,239 $1,690,519 $10,941,369 $3,949,720
2020 $2,044,123 $1,655,360 $6,265,040 $388,763
2019 $1,999,428 $1,638,117 $5,811,452 $361,311
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SAN MIGUEL EDUCATION CENTER with other nonprofits in Rhode Island and across the country.