EASTER SEALS RHODE ISLAND INC

EIN: 260833287 501(c)(3) Youth Development

PAWTUCKET, RI

Total Revenue
$3,454,219
Total Expenses
$2,942,250
Total Assets
$1,984,126
Net Assets
$1,794,686
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
RI
Principal Officer
CHRISTINE MCMAHON
Phone
6036238863
Tax Period
2023-10-01 to 2024-09-30

EASTER SEALS RHODE ISLAND INC, founded in 2007, is a community nonprofit in the Youth Development sector that reported $3.5M in total revenue in fiscal year 2023. Expenses of $2.9M left a modest 15% surplus.

Mission

EASTER SEALS SERVES 1.4 MILLION CHILDREN AND ADULTS WITH DISABILITIES AND THEIR FAMILIES, OFFERING A WIDE RANGE OF SERVICES AT 74 AFFILIATES NATIONWIDE. EASTER SEALS RHODE ISLAND PROVIDES FREE EARLY INTERVENTION SERVICES TO CHILDREN FROM BIRTH THROUGH AGE 3 WHO ARE BORN WITH A DISABILITY, DEVELOPMENT DELAY, OR OTHER SPECIAL NEEDS. EARLY INTERVENTION SERVICES CONSIST OF VITAL PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AS WELL AS SPEECH AND LANGUAGE THERAPIES TO HELP MINIMIZE PROBLEMS THAT AFFECT A CHILD'S COMMUNICATION, BEHAVIORAL, AND MOTOR SKILLS. EASTER SEALS RHODE ISLAND VALUES COMMITMENT, INTEGRITY, RESPECT, SHARED PURPOSE, EXCELLENCE, CUSTOMER FOCUS AND INDEPENDENCE.

Program Service Accomplishments

Program 1
Expenses: $982,841 Revenue: $1,447,242

EASTER SEALS RHODE ISLAND PROVIDES EXCEPTIONAL SERVICES TO ENSURE THAT ALL PEOPLE WITH DISABILITIES OR SPECIAL NEEDS, AND THEIR FAMILIES HAVE EQUAL OPPORTUNITIES TO LIVE, LEARN, WORK AND PLAY IN...

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EASTER SEALS RHODE ISLAND PROVIDES EXCEPTIONAL SERVICES TO ENSURE THAT ALL PEOPLE WITH DISABILITIES OR SPECIAL NEEDS, AND THEIR FAMILIES HAVE EQUAL OPPORTUNITIES TO LIVE, LEARN, WORK AND PLAY IN THEIR COMMUNITIES. CHILDREN AND ADULTS WITH DISABILITIES AND SPECIAL NEEDS FIND HIGHEST-QUALITY SERVICES DESIGNED TO MEET THEIR INDIVIDUAL NEEDS WHEN THEY ARE INVOLVED EASTER SEALS' TEAMS OF THERAPISTS, TEACHERS AND OTHER HEALTH AND WORKFORCE DEVELOPMENT PROFESSIONALS HELP EACH PERSON OVERCOME OBSTACLES TO INDEPENDENCE AND REACH HIS OR HER PERSONAL GOALS. EASTER SEALS ALSO INCLUDES FAMILIES AS ACTIVE MEMBERS OF ANY THERAPY PROGRAM AND OFFERS THE SUPPORT FAMILIES NEED. EARLY INTERVENTION OFFERS EVALUATION, EDUCATION, AND THERAPY SERVICES FROM BIRTH TO AGE 3. COMPREHENSIVE EVALUATION OF ALL AREAS OF DEVELOPMENT DETECT EARLY PROBLEMS IN LEARNING, LANGUAGE, MOTOR AND SOCIAL SKILLS, AS WELL AS SIGNS OF DISABILITIES.

Program 2
Expenses: $770,251 Revenue: $1,468,854

COMMUNITY SUPPORT ENGAGES INDIVIDUALS THROUGH A PERSON-CENTERED APPROACH TO MAXIMIZE INDEPENDENCE AND COMMUNITY INTEGRATION THROUGH COMMUNITY ACTIVITIES THAT ASSIST AND FOSTER THE CREATION OF...

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COMMUNITY SUPPORT ENGAGES INDIVIDUALS THROUGH A PERSON-CENTERED APPROACH TO MAXIMIZE INDEPENDENCE AND COMMUNITY INTEGRATION THROUGH COMMUNITY ACTIVITIES THAT ASSIST AND FOSTER THE CREATION OF COMMUNITY CONNECTIONS WHILE ENHANCING INDEPENDENCE AND PREPARATION FOR WORK.

Program 3
Expenses: $504,198 Revenue: $440,321

EASTERSEALS RHODE ISLAND PROVIDES SUPPORTED EMPLOYMENT SERVICES TO ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND OTHER POTENTIAL EMPLOYMENT BARRIERS. THESE SERVICES ARE DELIVERED IN...

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EASTERSEALS RHODE ISLAND PROVIDES SUPPORTED EMPLOYMENT SERVICES TO ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND OTHER POTENTIAL EMPLOYMENT BARRIERS. THESE SERVICES ARE DELIVERED IN INTEGRATED COMMUNITY-BASED SETTINGS WITH THE GOAL OF OBTAINING COMPETITIVE EMPLOYMENT IN THE PERSON'S DESIRED AREA OF VOCATIONAL INTEREST. IN OUR MODEL, ENTITLED EMPLOYMENTWORKS!, AN ASSIGNED AND INTEGRATED TEAM OF ESRI STAFF PROVIDE SUPPORTIVE SERVICES TO HELP PARTICIPANTS: - TAP INTO THEIR STRENGTHS AND PERSONAL RESILIENCE. - PRACTICE WORK-READINESS SKILLS THROUGH OUR PROPRIETARY GET READY! CURRICULUM. - DEVELOP STRONG TIES TO THE COMMUNITY, FORGE FRIENDSHIPS, AND ACCESS RESOURCES. - PARTICIPATE IN OUR SIGNATURE CONNECT2CAREERS PROGRAM, WHERE PARTICIPANTS LEARN ABOUT CAREER OPTIONS, AND CONDUCT INFORMATIONAL INTERVIEWS WITH A LARGE NUMBER OF BUSINESSES. - ENGAGE IN CUSTOMIZED TRAINING AND OBTAIN JOBS IN THEIR CHOSEN FIELD. ESRI MAINTAINS COMMUNITY BUSINESS PARTNERS IN AREAS THAT INCLUDE FOOD SERVICE, RETAIL, MAINTENANCE, CUSTODIAL, HOSPITALITY, AND MANY OTHERS. PARTICIPANTS MAY ALSO UTILIZE FEDCAP'S GET READY! CURRICULUM, WHICH WAS DEVELOPED TO ASSIST INDIVIDUALS IN EXPLORING THEIR VALUES ABOUT WORK, THE STRENGTHS AND ASSETS THEY BRING TO THE EMPLOYMENT ENVIRONMENT AND TO DEVELOP SPECIFIC SKILLS TO ENSURE THAT THEY ARE WORK READY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $96,818
Program Service Revenue $3,356,417
Investment Income $0
Other Revenue $984
TOTAL REVENUE $3,454,219

Expense Breakdown

Grants Paid $2,932
Salaries & Benefits $1,565,018
Fundraising Expenses $321
Program Expenses $2,257,290
Other Expenses $1,374,300
TOTAL EXPENSES $2,942,250

Year-over-Year Comparison

2023 2022 Change
Revenue $3,454,219 $3,234,076 +0.1%
Expenses $2,942,250 $2,881,095 +0.0%
Net Income $511,969 $352,981 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
2
Employees
75
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
3
$1,502,023
Total Directors
2
$0
Key Employees
1
$156,464
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STACEY DECOSTA DIRECTOR 1.00
Director
$0 $0 $0
TERESA TELESMANICK DIRECTOR (THRU 02/2024) 1.00
Director
$0 $0 $0
CHRISTINE MCMAHON PRESIDENT AND CEO OF FEDCAP 1.00
Officer
$0 $151,561 $891,927
CAROL KHOURY CFO OF FEDCAP 1.00
Officer
$0 $8,517 $347,921
KENNETH BREZENOFF GEN. COUNSEL & VP STRAT. INIT. 1.00
Officer
$0 $18,802 $262,175
MARY MORAN EXECUTIVE DIRECTOR 20.00
Key Emp
$0 $5,228 $156,464
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 $3,454,219 $2,942,250 $1,984,126 $511,969
2023 $3,234,076 $2,881,095 $1,568,475 $352,981
2022 $3,883,480 $2,830,169 $1,035,926 $1,053,311
2021 $2,747,030 $2,339,149 $784,990 $407,881
2020 $2,583,384 $2,486,009 $461,179 $97,375
2019 $3,208,820 $3,458,938 $718,463 $-250,118
2018 $1,630,442 $1,903,453 $1,146,217 $-273,011
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