PARTNERSHIP FOR PROVIDENCE PARKS

EIN: 461154583 501(c)(3) Recreation & Sports

PROVIDENCE, RI

Total Revenue
$317,507
Total Expenses
$411,642
Total Assets
$192,385
Net Assets
$192,385
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
RI
Principal Officer
Helene Miller
Phone
2039121849
Tax Period
2025-01-01 to 2025-12-31

PARTNERSHIP FOR PROVIDENCE PARKS, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $318K in total revenue in fiscal year 2025. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $412K exceeded revenue, resulting in a 30% operating deficit.

Mission

To empower the people of Providence to engage with their public spaces leverage partnerships and co-create initiatives that enhance these spaces and improve collective well being. P3 is a nonprofit 501c3 dedicated to working with the people of Providence and city departments to help activate and revitalize public spaces including parks recreation centers and streetscapes.P3 builds strengthens and maintains relationships with city departments and community organizations. We draw on our dynamic network of partners to provide tailored support and resources for our diverse Friend and Member groups through programs and events. These initiatives improve access and help transform neighborhood parks recreation centers and streetscapes into thriving spaces that reflect the needs and character of their communities.

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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 (2025)

Revenue Breakdown

Contributions & Grants $317,507
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $317,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $411,642
Other Expenses $411,642
TOTAL EXPENSES $411,642

Year-over-Year Comparison

2025 2024 Change
Revenue $317,507 $594,677 -0.5%
Expenses $411,642 $501,607 -0.2%
Net Income $-94,135 $93,070 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
500

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
0
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Helene Miller Executive Director 40.00
Key Emp
$0 $0 $0
Kathy Drohan Board President 4.00
Director
$0 $0 $0
Geoffrey Meek Board Treasurer 2.00
Director
$0 $0 $0
Wendy Nilsson Non-Voting Board Member 2.00
Director
$0 $0 $0
Pearl Farquason Board Member 2.00
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
2025 $317,507 $411,642 $192,385 $-94,135
2024 $594,677 $501,607 $286,520 $93,070
2023 $389,130 $390,046 $193,450 $-916
2022 $511,397 $524,814 $194,366 $-13,417
2021 $389,905 $368,741 $207,783 $21,164
2020 $318,458 $261,019 $186,619 $57,439
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