ST MARY'S FEAST RECREATION SOCIETY

EIN: 223337758

CRANSTON, RI

Total Revenue
$216,670
Total Expenses
$236,419
Total Assets
$41,262
Net Assets
$37,235
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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

Principal Officer
MATTHEW VOLPI
Phone
4014638065
Tax Period
2023-09-01 to 2024-08-31

ST MARY'S FEAST RECREATION SOCIETY is a small nonprofit that reported $217K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

THE ORGANIZATION IS EXCLUSIVELY FOR THE USE OF ITS MEMBERSHIP AND TO ALLOW ITS MEMBERS AN OPPORTUNITY TO MEET AND COMINGLE. THE ENTITY INVOLVES SOCIAL ACTIVITIES SUCH AS CHILDRENS' CHRISTMAS PARTIES, CHARITY EVENTS, AND DONATIONS TO VARIOUS CHARITIES. THE ORGANIZATION OPERATES A LIQUOR CLUB THAT SERVES LIQUOR AND FOOD TO THE MEMBERS OF THE ST MARY'S FEAST RECREATION SOCIETY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $21,806
Program Service Revenue $187,313
Investment Income $0
Other Revenue $7,551
TOTAL REVENUE $216,670

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,188
Fundraising Expenses $0
Other Expenses $193,231
TOTAL EXPENSES $236,419

Year-over-Year Comparison

2023 2022 Change
Revenue $216,670 $249,719 -0.1%
Expenses $236,419 $248,846 0.0%
Net Income $-19,749 $873 -23.6%
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
186
Independent Members
186
Employees
8
Volunteers
50

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
8
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW VOLPI PRESIDENT 10.00
Officer
$0 $0 $0
RYAN NARDOLILLO VICE PRESIDE 10.00
Officer
$0 $0 $0
CARMINE VITA SECRETARY 5.00
Officer
$0 $0 $0
ROBERT STROM TREASURER 5.00
Officer
$0 $0 $0
JOHN DUFFY FINANCIAL SE 5.00
Officer
$0 $0 $0
JOSEPH TRAFICANTE SERGEANT AT 1.00
Officer
$0 $0 $0
ALFRED CRUDALE PHD CHAPLAIN 1.00
Officer
$0 $0 $0
RICHARD CAMPOPIANO TRUSTEE 1.00
Director
$0 $0 $0
NICHOLAS CAPOBIANCO JR TRUSTEE 1.00
Director
$0 $0 $0
DANTE CIAMBRONE TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN CIAMBRONE TRUSTEE 1.00
Director
$0 $0 $0
ROBERT J DIMAIO TRUSTEE 1.00
Director
$0 $0 $0
VINCENT SCUNGIO TRUSTEE 1.00
Director
$0 $0 $0
MATTHEW ZUENA TRUSTEE 1.00
Director
$0 $0 $0
LOUIS MOSCA HOUSE CHAIR 1.00
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
2024 $216,670 $236,419 $41,262 $-19,749
2023 $249,719 $248,846 $66,736 $873
2022 $247,952 $247,286 $65,763 $666
2021 $248,550 $243,519 $65,559 $5,031
2020 $207,290 $193,754 $59,477 $13,536
2019 $216,713 $217,046 $51,015 $-333
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