RHODE ISLAND NURSES INSTITUTE MIDD… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

PAMELA MCCUE

Phone

4016804900

Tax Period

2022-07-01 to 2023-06-30

RHODE ISLAND NURSES INSTITUTE MIDDLE COLLEGE CHARTER HIGH SCHOOL, founded in 2010, is a community nonprofit in the Education sector that reported $8.7M in total revenue in fiscal year 2022. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $8.2M left a modest 6% surplus.

Mission

TO WORK COLLABORATIVELY WITH OUR FAMILIES, COMMUNITY PARNERS AND LOCAL UNIVERSITIES, TO IMMERSE STUDENTS IN AN INNOVATIVE HIGH SCHOOL EXPERIENCE.

Program Service Accomplishments

Program 1

Expenses: $6,565,999 Revenue: $8,702,491

THE SCHOOL WORKS TO BRIDGE THE GAP BETWEEN HIGH SCHOOL AND COLLEGE FOR STUDENTS GRADES 9 THROUGH 12 WITH A CURRICULM THAT FOCUSES ON NURSING AND OTHER ALLIED HEALTH PROFESSIONS.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,865,646

Program Service Revenue $6,830,895

Investment Income $5,935

Other Revenue $15

TOTAL REVENUE $8,702,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,484,082

Fundraising Expenses $164,150

Program Expenses $6,565,999

Other Expenses $3,723,417

TOTAL EXPENSES $8,207,499

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,702,491	$7,446,041	+0.2%
Expenses	$8,207,499	$6,757,491	+0.2%
Net Income	$494,992	$688,550	-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

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
LARA LASKOWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
LORI JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
XAVIER BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
MARY LEVEILLE PHD DNP RN PMHCNS-BC	VICE CHAIR	1.00	Director	$0	$0	$0
MARIA DUCHARME DNP RN NEA-BC	DIRECTOR	1.00	Director	$0	$0	$0
DENISE RONCARATI	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA LEWIS MSN APRN FNP-C	DIRECTOR	1.00	Director	$0	$0	$0
LINDA MENDONCA RN	DIRECTOR	1.00	Director	$0	$0	$0
JOEL TAVAREZ	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET WEBB MSN RN CODE	BOARD CHAIR	1.00	Director	$0	$0	$0
KAROLINE OLIVEIRA	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY FERLAND	PRINCIPAL	40.00	Highest	$120,000	$28,218	$148,218

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	$8,702,491	$8,207,499	$4,913,488	$494,992
2022	$7,446,041	$6,757,491	$2,602,378	$688,550
2021	$5,505,894	$5,172,693	$1,831,183	$333,201
2020	$5,027,153	$5,009,998	$1,586,906	$17,155
2019	$4,946,547	$4,939,455	$1,535,690	$7,092
2018	$4,766,007	$4,430,516	$1,598,031	$335,491

RHODE ISLAND NURSES INSTITUTE MIDDLE COLLEGE CHARTER HIGH SCHOOL