SOUTHSIDE ELEMENTARY CHARTER SCHOOL

EIN: 464002550 501(c)(3) Education

PROVIDENCE, RI

Total Revenue
$3,198,908
Total Expenses
$2,757,283
Total Assets
$2,276,533
Net Assets
$2,013,887
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
RI
Principal Officer
MARY CAPORELLI
Phone
4012709007
Tax Period
2024-07-01 to 2025-06-30

SOUTHSIDE ELEMENTARY CHARTER SCHOOL, founded in 2013, is a community nonprofit in the Education sector that reported $3.2M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $2.8M left a modest 14% surplus.

Mission

THE MISSION OF SOUTHSIDE ELEMENTARY CHARTER SCHOOL PROVIDES A DIVERSE GROUP OF PROVIDENCE KINDERGARTEN THROUGH FIFTH GRADE STUDENTS WITH A SOLID STEP TOWARDS COLLEGE AND COMMUNITY LEADERSHIP. STUDENTS WILL LEARN TO READ, WRITE, THINK LOGICALLY, AND PROBLEM SOLVE ON GRADE LEVEL WITHIN A CURRICULUM THAT EMPHASIZES ACADEMIC RIGOR, EXCELLENCE, AND COMMUNITY ENGAGEMENT IN AN EXTENDED SCHOOL DAY AND YEAR.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,738
Program Service Revenue $3,041,622
Investment Income $51,923
Other Revenue $96,625
TOTAL REVENUE $3,198,908

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,835,035
Fundraising Expenses $0
Program Expenses $2,306,666
Other Expenses $922,248
TOTAL EXPENSES $2,757,283

Year-over-Year Comparison

2024 2023 Change
Revenue $3,198,908 $3,397,823 -0.1%
Expenses $2,757,283 $3,200,865 -0.1%
Net Income $441,625 $196,958 +1.2%
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
40
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
5
$85,418
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY CAPORELLI EDUCATION DI 40.00
Officer
$53,182 $13,085 $66,267
LOURDES DE JESUS BUSINESS MAN 40.00
Officer
$17,534 $1,617 $19,151
MADELINE BURKE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
DAN CORLEY DIRECTOR 1.00
Director
$0 $0 $0
THOMAS DARDEN DIRECTOR 1.00
Director
$0 $0 $0
IVORY JEFFERIES VICE - CHAIR 1.00
Officer Director
$0 $0 $0
ALBA PERALTA DIRECTOR 1.00
Director
$0 $0 $0
LIZA ROACH TREASURER 1.00
Officer 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 $3,198,908 $2,757,283 $2,276,533 $441,625
2024 $3,397,823 $3,200,865 $2,014,456 $196,958
2022 $3,164,640 $3,002,150 $1,333,393 $162,490
2021 $2,765,935 $2,471,725 $1,202,665 $294,210
2020 $2,615,265 $2,224,063 $954,248 $391,202
2019 $2,119,893 $2,187,142 $482,632 $-67,249
2018 $1,672,205 $1,724,088 $504,567 $-51,883
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTHSIDE ELEMENTARY CHARTER SCHOOL with other nonprofits in Rhode Island and across the country.