RHODE ISLAND BROADCASTERS ASSOCIATION (EIN 611441197) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

H WILLIAM GEORGE

Phone

4012558200

Tax Period

2023-01-01 to 2023-12-31

RHODE ISLAND BROADCASTERS ASSOCIATION, founded in 2003, is a small nonprofit that reported $192K in total revenue in fiscal year 2023.

Mission

TO PROVIDE SERVICES TO MEMBERS AND TO PROVIDE NON-COMMERCIAL SUSTAINING ANNOUNCEMENTS TO RHODE ISLAND AND SOUTHEASTERN MASSACHUSETTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $800

Program Service Revenue $190,004

Investment Income $1,543

Other Revenue $0

TOTAL REVENUE $192,347

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $95,866

Fundraising Expenses $0

Program Expenses $206,971

Other Expenses $105,105

TOTAL EXPENSES $206,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$192,347	$200,490	0.0%
Expenses	$206,971	$209,485	0.0%
Net Income	$-14,624	$-8,995	+0.6%

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

N/A

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

$95,866

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK WHOLEY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PICCERELLI	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA LAPHAM	CHAIRMAN	1.00	Officer Director	$0	$0	$0
VICTOR VETTERS	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY PARAS	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
TOM WALL	TREASURER	1.00	Officer Director	$0	$0	$0
DAVE RICHARDS	SECRETARY	1.00	Officer Director	$0	$0	$0
LORI NEEDHAM	PRESIDENT	40.00	Officer	$95,866	$0	$95,866

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	$192,347	$206,971	$204,848	$-14,624
2022	$200,490	$209,485	$277,399	$-8,995
2021	$270,782	$189,948	$260,461	$80,834
2020	$342,483	$271,449	$179,331	$71,034
2019	$292,612	$332,288	$190,245	$-39,676
2018	$246,000	$198,671	$148,673	$47,329

RHODE ISLAND BROADCASTERS ASSOCIATION