VASCO DA GAMA PORTUGUESEAMERICAN CHARITABLE SOCIETY INC

EIN: 460659059 501(c)(3) Public & Societal Benefit

NEWPORT, RI

Total Revenue
$109,580
Total Expenses
$120,540
Total Assets
$1,055,974
Net Assets
$1,055,714
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
RI
Principal Officer
JOHN P DIAS
Phone
4018460913
Tax Period
2023-01-01 to 2023-12-31

VASCO DA GAMA PORTUGUESEAMERICAN CHARITABLE SOCIETY INC, founded in 2012, is a small nonprofit in the Public & Societal Benefit sector that reported $110K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $121K exceeded revenue, resulting in a 10% operating deficit.

Mission

WE ARE A COMMUNITY ORGANIZATION DEVOTED TO EDUCATION AND AWARENESS OF PORTUGUESE HERITAGE AND CULTURE IN THE GREATER RHODE ISLAND AREA.

Program Service Accomplishments

Program 1
Expenses: $120,515 Revenue: $58,305

PROGRAMS TO SUPPORT EDUCATION AND AWARENESS OF PORTUGUESE HERITAGE AND CULTURE IN THE GREATER RHODE ISLAND AREA.

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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 $14,860
Program Service Revenue $58,305
Investment Income $5,973
Other Revenue $30,442
TOTAL REVENUE $109,580

Expense Breakdown

Grants Paid $8,450
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $120,515
Other Expenses $112,090
TOTAL EXPENSES $120,540

Year-over-Year Comparison

2023 2022 Change
Revenue $109,580 $100,947 +0.1%
Expenses $120,540 $109,503 +0.1%
Net Income $-10,960 $-8,556 +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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
53

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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN P DIAS PRESIDENT 1.00
Officer Director
$0 $0 $0
STEVE FURTADO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JANICE TASSO TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM PASCOE SECRETARY 1.00
Officer Director
$0 $0 $0
ALICIA HICKS DIRECTOR 1.00
Director
$0 $0 $0
DEB BRYAN COBBLE DIRECTOR 1.00
Director
$0 $0 $0
RONALD RAPOSA DIRECTOR 1.00
Director
$0 $0 $0
JOHN VINDIHA DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH HICKS DIRECTOR 1.00
Director
$0 $0 $0
JOHN LALLI DIRECTOR 1.00
Director
$0 $0 $0
LAUREN DIOMANDES DIRECTOR 1.00
Director
$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 No data No data No data No data
2023 $109,580 $120,540 $1,055,974 $-10,960
2022 $100,947 $109,503 $1,067,234 $-8,556
2021 $95,819 $98,954 $1,075,419 $-3,135
2020 $36,917 $75,217 $1,078,365 $-38,300
2019 $88,529 $121,918 $1,121,394 $-33,389
2018 $263,003 $118,355 $1,157,383 $144,648
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