Opportunities Industrialization Center of Rhode Island Inc (EIN 271486882) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

Khamden Soch

Phone

4014672536

Tax Period

2019-07-01 to 2020-06-30

Opportunities Industrialization Center of Rhode Island Inc, founded in 2009, is a small nonprofit that reported $244K in total revenue in fiscal year 2019. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $231K left a modest 5% surplus.

Mission

Education and job training

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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 (2019)

Revenue Breakdown

Contributions & Grants $244,163

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $244,163

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,523

Fundraising Expenses $18,981

Program Expenses $181,875

Other Expenses $93,634

TOTAL EXPENSES $231,157

Year-over-Year Comparison

	2019	2018	Change
Revenue	$244,163	$355,708	-0.3%
Expenses	$231,157	$273,774	-0.2%
Net Income	$13,006	$81,934	-0.8%

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

$75,692

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Khamden Soch	Chairperson	2.00	Officer Director	$0	$0	$0
David Logan	Member	1.00	Officer Director	$0	$0	$0
Eileen Hayes	Treasurer	2.00	Officer Director	$0	$0	$0
Cliff Monteiro	Member	1.00	Director	$0	$0	$0
Shelia Conway	Member	1.00	Director	$0	$0	$0
Jill Van Leesten	Member	1.00	Director	$0	$0	$0
Michael Van Leesten	Executive Director	40.00	Officer	$75,692	$0	$75,692

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
2020	$244,163	$231,157	No data	$13,006
2019	$355,708	$273,774	$52,743	$81,934
2018	$271,238	$323,560	$10,635	$-52,322

Opportunities Industrialization Center of Rhode Island Inc