Rhode Island Association of School Maintenance Directors

EIN: 845146672 Employment

Harrisville, RI

Total Revenue
$72,732
Total Expenses
$101,715
Total Assets
$36,399
Net Assets
$36,399
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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
2023
Legal Domicile
RI
Principal Officer
William Robinson
Phone
4016362601
Tax Period
2023-05-11 to 2023-12-31

Rhode Island Association of School Maintenance Directors, founded in 2023, is a micro nonprofit in the Employment sector that reported $73K in total revenue in fiscal year 2023. Expenses of $102K exceeded revenue, resulting in a 40% operating deficit.

Mission

To provide scholarships to qualified students and to promote professional development amongst Rhode Island School maintenance directors.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $72,732
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $72,732

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,250
Fundraising Expenses $0
Program Expenses $23,995
Other Expenses $90,465
TOTAL EXPENSES $101,715

Year-over-Year Comparison

2023 2022 Change
Revenue $72,732 N/A N/A
Expenses $101,715 N/A N/A
Net Income $-28,983 N/A N/A
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

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Governance

Voting Members
5
Independent Members
N/A
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
1
$11,250
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Robinson Director 015.00
Officer
$11,250 $0 $11,250
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
2023 $72,732 $101,715 $36,399 $-28,983
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