RHODE ISLAND LEAGUE OF CHARTER SCH… - Form 990 Financial Data

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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

2001

Legal Domicile

Principal Officer

CHIARA DELTITO-SHARROTT

Phone

4013836069

Tax Period

2022-07-01 to 2023-06-30

RHODE ISLAND LEAGUE OF CHARTER SCHOOLS, founded in 2001, is a small nonprofit in the Education sector that reported $263K in total revenue in fiscal year 2022.

Mission

ADVOCACY

Program Service Accomplishments

Program 1

Expenses: $195,653 Revenue: $0

THE LEAGUE IS THE STATEWIDE ADVOCACY AND SUPPORT ORGANIZATION FOR THE STATE'S CHARTER SCHOOLS. THE LEAGUE OFFERS OPPORTUNITIES FOR HUMAN RESOURCE SHARING, GROUP PURCHASING, SHARED PROFESSIONAL...

THE LEAGUE IS THE STATEWIDE ADVOCACY AND SUPPORT ORGANIZATION FOR THE STATE'S CHARTER SCHOOLS. THE LEAGUE OFFERS OPPORTUNITIES FOR HUMAN RESOURCE SHARING, GROUP PURCHASING, SHARED PROFESSIONAL DEVELOPMENT AND GRANT WRITING OPPORTUNITIES.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $263,044

Program Service Revenue $0

Investment Income $74

Other Revenue $145

TOTAL REVENUE $263,263

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $133,790

Fundraising Expenses $13,625

Program Expenses $195,653

Other Expenses $93,417

TOTAL EXPENSES $257,207

Year-over-Year Comparison

	2022	2021	Change
Revenue	$263,263	$252,826	+0.0%
Expenses	$257,207	$210,080	+0.2%
Net Income	$6,056	$42,746	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$124,752

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELO GARCIA	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSHUA LAPLANTE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KYLEEN CARPENTER	SECRETARY	1.00	Officer Director	$0	$0	$0
ALISON CARR	TREASURER	2.00	Officer Director	$0	$0	$0
BRANDEE LAPISKY	DIRECTOR	1.00	Director	$0	$0	$0
JULIE NORA	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH RICHARDS-HEGNAUER	DIRECTOR	1.00	Director	$0	$0	$0
KATHY VESPIA	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA MCCUE	DIRECTOR	1.00	Director	$0	$0	$0
ROSE MARY GRANT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SKELDON	DIRECTOR	1.00	Director	$0	$0	$0
WENDY RANDLE	DIRECTOR	1.00	Director	$0	$0	$0
MEG O'LEARY	DIRECTOR	1.00	Director	$0	$0	$0
ROCHELLE BAKER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HASKINS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIANNE FISHER	DIRECTOR	1.00	Director	$0	$0	$0
RAMON TORRES	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA WATERS	DIRECTOR	1.00	Director	$0	$0	$0
TOBY SHEPHERD	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH MARUSZCZAK	DIRECTOR	1.00	Director	$0	$0	$0
KEITH OLIVEIRA	PRIOR EXECUTIVE DIRECTOR	40.00	Officer	$116,754	$7,998	$124,752

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	$263,263	$257,207	$238,571	$6,056
2022	$252,826	$210,080	$234,032	$42,746
2021	$258,189	$280,116	$191,286	$-21,927
2020	$240,558	$190,025	$213,344	$50,533
2019	$242,993	$281,533	$164,326	$-38,540

RHODE ISLAND LEAGUE OF CHARTER SCHOOLS