NEWPORT PRIDE INC

EIN: 880645245 501(c)(3) Human Services

NEWPORT, RI

Total Revenue
$97,683
Total Expenses
$90,088
Total Assets
$26,042
Net Assets
$25,218
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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
RI
Principal Officer
DANIEL CANO RESTREPO
Phone
4012481190
Tax Period
2023-01-01 to 2023-12-31

NEWPORT PRIDE INC, founded in 2022, is a micro nonprofit in the Human Services sector that reported $98K in total revenue in fiscal year 2023. Expenses of $90K left a modest 8% surplus.

Mission

THE MISSION OF NEWPORT PRIDE IS TO BUILD A MORE WELCOMING AND INCLUSIVE LGBTQ+ COMMUNITY IN NEWPORT COUNTY, RHODE ISLAND

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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 $67,730
Program Service Revenue $32,549
Investment Income $0
Other Revenue $-2,596
TOTAL REVENUE $97,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,547
Fundraising Expenses $0
Program Expenses $59,968
Other Expenses $65,541
TOTAL EXPENSES $90,088

Year-over-Year Comparison

2023 2022 Change
Revenue $97,683 N/A N/A
Expenses $90,088 N/A N/A
Net Income $7,595 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
6
Independent Members
6
Employees
1
Volunteers
50

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
3
$0
Total Directors
3
$32,125
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL CANO RESTREPO EXECUTIVE DI 40.00
Director
$32,125 $0 $32,125
TOM EBERHARDT DIRECTOR 0.50
Director
$0 $0 $0
VALERIE LARKIN DIRECTOR 0.50
Director
$0 $0 $0
JULIA LONDERGAN PRESIDENT 0.50
Officer
$0 $0 $0
SEAN OCONNOR SECRETARY TR 0.50
Officer
$0 $0 $0
REGGIE ONORATI VICE PRESIDE 0.50
Officer
$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 No data No data No data No data
2023 $97,683 $90,088 $26,042 $7,595
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