RHODE ISLAND NURSES INSTITUTE MIDDLE COLLEGE CHARTER HIGH SCHOOL

EIN: 451555822 501(c)(3) Education

PROVIDENCE, RI

Total Revenue
$8,702,491
Total Expenses
$8,207,499
Total Assets
$4,913,488
Net Assets
$2,606,920
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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
2010
Legal Domicile
RI
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.

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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 (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
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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
11
Independent Members
11
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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
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
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