Frassati Residence
North Smithfield, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,056,038↑2% | $4,959,315↑5% | $6,150,878↓3% | |
| 2022 | $4,955,620↓10% | $4,736,907↑3% | $6,363,035↓4% | — |
| 2021 | $5,492,674↑8% | $4,578,078↓1% | $6,613,216↑7% | — |
| 2020 | $5,100,006↑6% | $4,639,077↑7% | $6,202,663↑1% | — |
| 2019 | $4,806,027↑13% | $4,341,864↑1% | $6,129,412↓7% | — |
| 2018 | $4,270,218↓1% | $4,294,261↑2% | $6,621,534↓7% | — |
| 2017 | $4,323,433↓5% | $4,195,481↓2% | $7,096,854↓3% | — |
| 2016 | $4,537,496↑6% | $4,302,087↑7% | $7,303,197↓3% | — |
| 2015 | $4,270,537↓2% | $4,023,267↑2% | $7,525,050 | — |
| 2014 | $4,362,842↑5% | $3,958,857↑7% | $7,532,201↓2% | — |
| 2013 | $4,142,953↑15% | $3,690,000↑9% | $7,661,229↑4% | — |
| 2012 | $3,615,059↓1% | $3,390,139↓8% | $7,368,349↓1% | — |
| 2011 | $3,636,770 | $3,702,134 | $7,465,340 | — |
Frequently Asked Questions
What does Frassati Residence do?▼
Frassati Residence is a human services nonprofit organization based in Rhode Island. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Frassati Residence financially healthy?▼
Based on our 9-metric Financial Health Score model, Frassati Residence has a score of 56/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Frassati Residence generate?▼
Frassati Residence reports $5.1M in annual revenue and holds $5.6M in total assets, based on IRS filings.
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