OCEAN STATE CHARITY EVENTS INC

EIN: 833372937 501(c)(3) Philanthropy & Grantmaking

COVENTRY, RI

Total Revenue
$245,043
Total Expenses
$231,854
Total Assets
$-14,634
Net Assets
$-14,450
🔒

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
2019
Legal Domicile
RI
Principal Officer
EDMUND EGAN
Phone
4016028548
Tax Period
2024-01-01 to 2024-12-31

OCEAN STATE CHARITY EVENTS INC, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $245K in total revenue in fiscal year 2024. Expenses of $232K left a modest 5% surplus.

Mission

EVENT AND ONLINE SALE OF MEMORABILIA TO BENEFIT VARIOUS CHARITIES

🔒

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 $12,118
Program Service Revenue $232,925
Investment Income $0
Other Revenue $0
TOTAL REVENUE $245,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,775
Fundraising Expenses $65,274
Program Expenses $139,030
Other Expenses $230,079
TOTAL EXPENSES $231,854

Year-over-Year Comparison

2024 2023 Change
Revenue $245,043 $245,942 0.0%
Expenses $231,854 $250,478 -0.1%
Net Income $13,189 $-4,536 -3.9%
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
1
Independent Members
N/A
Employees
1
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
1
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDMUND EGAN PRESIDENT 025.00
Officer Director Key Emp Highest
$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
2024 $245,043 $231,854 $-14,634 $13,189
2023 $245,942 $250,478 $2,250 $-4,536
2022 $206,421 $207,955 $6,787 $-1,534
2021 $210,233 $228,656 $9,948 $-18,423
2020 $128,724 $137,958 $28,019 $-9,234
2019 $208,726 $202,636 $6,644 $6,090
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare OCEAN STATE CHARITY EVENTS INC with other nonprofits in Rhode Island and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.