PROVIDENCE, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Helene Miller | Executive Director | 40.00 |
Key Emp
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$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
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$0 | $0 | $0 |
| 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 |
Compare PARTNERSHIP FOR PROVIDENCE PARKS with other nonprofits in Rhode Island and across the country.