RHODE ISLAND LIQUOR OPERATORS COLLABORATIVE (EIN 874667099) - 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

2022

Legal Domicile

Principal Officer

NICHOLAS A FEDE JR

Phone

4018844203

Tax Period

2024-01-01 to 2024-12-31

RHODE ISLAND LIQUOR OPERATORS COLLABORATIVE, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $148K in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. Expenses of $139K left a modest 6% surplus.

Mission

TO PROMOTE AND REPRESENT THE COMMON BUSINESS INTERESTS OF AND IMPROVE BUSINESS CONDITIONS AMONG, MEMBERS OF THE INDEPENDENT RETAIL LIQUOR INDUSTRY OPERATING IN RHODE ISLAND WITHIN THE MEANING OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $146,814

Investment Income $1,620

Other Revenue $0

TOTAL REVENUE $148,434

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,155

Fundraising Expenses $0

Other Expenses $112,088

TOTAL EXPENSES $139,243

Year-over-Year Comparison

	2024	2023	Change
Revenue	$148,434	$68,850	+1.2%
Expenses	$139,243	$64,874	+1.1%
Net Income	$9,191	$3,976	+1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS A FEDE JR	DIRECTOR	5.00	Officer Director	$0	$0	$0
RON PARISEAU	DIRECTOR	4.00	Director	$0	$0	$0
CRAIG PENARDO	DIRECTOR	4.00	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	$148,434	$139,243	$48,492	$9,191
2023	$68,850	$64,874	$29,969	$3,976
2022	$55,631	$30,381	$25,250	$25,250

RHODE ISLAND LIQUOR OPERATORS COLLABORATIVE