Mary E Brock Trust Nect
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Mary E Brock Trust Nect is a 501(c)(3) organization based in Johnston, Rhode Island, registered in 1974, with $29,907 in FY2024 revenue. CharityIndex grades it D.
One Citizens Bank Way Jcb115, Johnston, RI, 02919 EIN 02-6030934 Since 1974
Revenue (FY2024)
$30K
▲ 33.2% vs prior year
Expenses (FY2024)
$41K
Net assets
$513K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mary E Brock Trust Nect— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating151 mo reserves · -36% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mary E Brock Trust Nect: 151 mo reserves · -36% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mary E Brock Trust Nect— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mary E Brock Trust Nect: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- One Citizens Bank Way Jcb115, Johnston, RI, 02919
- City
- Johnston
- State
- Rhode Island
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $53K (FY2020) to $30K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $513K
Operating margin
-36.3%
Spent more than it raised in the latest fiscal year.
Total assets
$513K
Total liabilities
$0
Net assets
$513K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,907▲33.2% | $40,759▲3.7% | $512,941▼2.0% | $512,941▼2.0% | 990PF |
| 2023 | $22,446▼51.0% | $39,290▼14.4% | $523,478▼3.0% | $523,478▼3.0% | 990PF |
| 2022 | $45,770▼3.8% | $45,892▲3.0% | $539,502 | $539,502 | 990PF |
| 2021 | $47,587▼10.3% | $44,561▲0.7% | $539,618▲0.6% | $539,618▲0.6% | 990PF |
| 2020 | $53,052 | $44,251 | $536,206 | $536,206 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Mary E Brock Trust Nect a legitimate nonprofit?
- Yes. Mary E Brock Trust Nect is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-6030934, based in Johnston, Rhode Island. Donations are tax-deductible.
- What is Mary E Brock Trust Nect's EIN?
- Mary E Brock Trust Nect's Employer Identification Number (EIN) is 02-6030934.
- How much revenue does Mary E Brock Trust Nect report?
- Mary E Brock Trust Nect reported $29,907 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Mary E Brock Trust Nect have?
- CharityIndex grades Mary E Brock Trust Nect D, based on financial health (reserves and operating margin).
More nonprofits in Johnston
Explore more
Data for Mary E Brock Trust Nect (EIN 02-6030934) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.