PPL SUPPORT CORPORATION

EIN: 831075674 501(c)(3) Education

PROVIDENCE, RI

Total Revenue
$176,000
Total Expenses
$1,168,456
Total Assets
$24,990,491
Net Assets
$-2,232,266
🔒

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
2018
Legal Domicile
RI
Principal Officer
AARON PETERMAN
Phone
4014558079
Tax Period
2023-07-01 to 2024-06-30

PPL SUPPORT CORPORATION, founded in 2018, is a small nonprofit in the Education sector that reported $176K in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 564% operating deficit.

Mission

TO ACQUIRE, FINANCE AND DEVELOP PROPERTY TO SUPPORT THE PROVIDENCE PUBLIC LIBRARY'S MISSION OF PROVIDING CHARITABLE AND EDUCATIONAL SERVICES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $176,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $176,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,168,456
Other Expenses $1,168,456
TOTAL EXPENSES $1,168,456

Year-over-Year Comparison

2023 2022 Change
Revenue $176,000 $176,000 N/A
Expenses $1,168,456 $1,167,146 +0.0%
Net Income $-992,456 $-991,146 +0.0%
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
3
Independent Members
3
Employees
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB EDWARDS DIRECTOR 5.00
Director
$0 $0 $0
BRYAN FLEET DIRECTOR 5.00
Director
$0 $0 $0
JOEL STARK DIRECTOR 5.00
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 $176,000 $1,168,456 $24,990,491 $-992,456
2023 $176,000 $1,167,146 $28,077,171 $-991,146
2022 $176,000 $1,160,949 $28,465,540 $-984,949
2021 $176,012 $1,151,651 $28,919,293 $-975,639
2020 $99,017 $278,426 $28,725,026 $-179,409
2019 $1,980,144 $88,811 $20,949,191 $1,891,333
Explore More Nonprofits
Top 100 Nonprofits in Rhode Island Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PPL SUPPORT CORPORATION with other nonprofits in Rhode Island and across the country.