R I Society of Certified Public Accountants
501(c)(6)
Only null% goes to programs Declining revenue
R I Society of Certified Public Accountants is a 501(c)(6) organization based in Cumberland, Rhode Island, registered in 1945, with $700,493 in FY2023 revenue. CharityIndex grades it C+.
2155 Diamond Hill Rd, Cumberland, RI, 02864 EIN 05-6013364 Since 1945
Revenue (FY2023)
$700K
▲ 0.3% vs prior year
Expenses (FY2023)
$793K
Net assets
$165K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 R I Society of Certified Public Accountants— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating2 mo reserves · -13% 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 R I Society of Certified Public Accountants: 2 mo reserves · -13% margin earns a C+ 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 R I Society of Certified Public Accountants— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 R I Society of Certified Public Accountants: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2155 Diamond Hill Rd, Cumberland, RI, 02864
- City
- Cumberland
- State
- Rhode Island
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $946K (FY2020) to $700K (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $370KNet assets $165K
Operating margin
-13.3%
Spent more than it raised in the latest fiscal year.
Total assets
$535K
Total liabilities
$370K
Net assets
$165K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $700,493▲0.3% | $793,456▼5.5% | $164,932▼36.0% | $534,854▲26.8% | 990 |
| 2022 | $698,556▼16.6% | $839,305▲8.3% | $257,895▼35.3% | $421,719▼18.6% | 990 |
| 2021 | $837,468▼11.5% | $774,780▼10.3% | $398,644▲18.7% | $518,028▼11.3% | 990 |
| 2020 | $946,019 | $864,151 | $335,956 | $583,895 | 990 |
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.
Grants received · $45K total
3 grants to R I Society of Certified Public Accountants totaling $45K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Rhode Island Community Foundation | Edu - educational success (primary) | 2024 | $15,120 |
| The Rhode Island Community Foundation | Educational success | 2023 | $14,859 |
| The Rhode Island Community Foundation | Scholarships | 2022 | $14,537 |
Frequently asked questions
- Is R I Society of Certified Public Accountants a legitimate nonprofit?
- Yes. R I Society of Certified Public Accountants is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 05-6013364, based in Cumberland, Rhode Island.
- What is R I Society of Certified Public Accountants's EIN?
- R I Society of Certified Public Accountants's Employer Identification Number (EIN) is 05-6013364.
- How much revenue does R I Society of Certified Public Accountants report?
- R I Society of Certified Public Accountants reported $700,493 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does R I Society of Certified Public Accountants have?
- CharityIndex grades R I Society of Certified Public Accountants C+, based on financial health (reserves and operating margin).
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Data for R I Society of Certified Public Accountants (EIN 05-6013364) 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.