RI SCHOOL FOR PROGRESSIVE EDUCATION (EIN 820605219) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

RI SCHOOL FOR PROGRESSIVE EDUCATION, founded in 2016, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 439% from the prior year, signaling strong growth momentum. The organization ran a surplus of $400K, a strong 22% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO IMPROVE OUTCOMES FOR ALL STUDENTS IN RHODE ISLANDS PUBLIC SCHOOLS THROUGH RIGOROUS, HIGH-QUALITY TEACHER PREPARATION.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,411,712

Program Service Revenue $387,921

Investment Income $45,882

Other Revenue $0

TOTAL REVENUE $1,845,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $985,284

Fundraising Expenses $30,455

Program Expenses $1,304,841

Other Expenses $460,575

TOTAL EXPENSES $1,445,859

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,845,515	$342,583	+4.4%
Expenses	$1,445,859	$937,162	+0.5%
Net Income	$399,656	$-594,579	-1.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINE ALVES	PRESIDENT	40.00	Highest	$142,992	$0	$142,992
JEFFERY A WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS TROTT LONG	DIRECTOR	1.00	Director	$0	$0	$0
LYNN BOWMAN	DIRECTOR	1.00	Director	$0	$0	$0
LYNN DEBEER	DIRECTOR	1.00	Director	$0	$0	$0
POLLY ULICHNY	DIRECTOR	1.00	Director	$0	$0	$0
SOLJANE MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
JEANETTE EPSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
JULIAN DASH	DIRECTOR	1.00	Director	$0	$0	$0
RON CONTRERAS	TREASURER	2.00	Officer Director	$0	$0	$0
COURTNEY CORREIA	SECRETARY	2.00	Officer Director	$0	$0	$0
MARY HARRISON	CHAIR	3.00	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	No data	No data	No data	No data
2024	$1,845,515	$1,445,859	$1,642,563	$399,656
2023	$342,583	$937,162	$1,103,743	$-594,579
2022	$1,068,910	$709,168	$1,724,653	$359,742
2021	$1,117,470	$395,251	$1,326,887	$722,219
2020	$430,060	$366,318	$526,933	$63,742

RI SCHOOL FOR PROGRESSIVE EDUCATION