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CIVIC RI CENTRAL FALLS CHARTER I LLC

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Tax-exempt status may be revoked

CIVIC RI CENTRAL FALLS CHARTER I LLC

EIN 30-0766210

What they do

THE CORPORATION is A 501(C)(3) CORPORATION FORMED for THE PURPOSE of FURTHERING THE CHARITABLE PURPOSES of CIVIC BUILDERS, INC., A 501(C)(3) ORGANIZATION THAT PROVIDES TURN-KEY SOLUTIONS for CHARTER SCHOOL REAL ESTATE NEEDS. SPECIFICALLY, THIS CORPORATION WAS FORMED to PURCHASE LAND, SECURE FINANCING, CONSTRUCT, HOLD TITLE TO, LEASE and THEN SELL THE HIGH SCHOOL BUILDING LOCATED AT 15 JONES STREET, CUMBERLAND, RI to RI MAYORAL ACADEMY (SM) BLACKSTONE VALLEY.

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

25.93%of revenue went to mission work97.0% of expenses · Program services
$26.74spent for every $100 of revenueRevenue covered expenses this year.
0.81%of revenue went to management and office costs3.0% of expenses

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  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $38,459 for DAVID UMANSKY (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,293,558
Mission workProgram services$335,42325.93% of revenue97.0% of expenses
ManagementOffice and general costs$10,5250.81% of revenue3.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$947,61073.26% of revenueShown in gray on the chart
Total expenses$345,94826.74% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2019CurrentExpense mix: 97.0% mission · 3.0% management · 0.0% fundraisingTotal expenses: 26.74% of revenue
2018Expense mix: 98.9% mission · 1.1% management · 0.0% fundraisingTotal expenses: 98.95% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingRevenue comparison unavailable

Money in and money out

Revenue$1,293,558
Expenses$345,948
Annual surplus $947,610 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$335,423 · 97.0% of expenses
Management and office costs$10,525 · 3.0% of expenses
See all reported dollar amounts
Revenue$1,293,558
Expenses$345,948
Mission work (program services)$335,423
Management and general$10,525
Accounting fees$10,148
People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DAVID UMANSKYCEO · 1 hrs/week $38,459Base · Other $38,459

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

DAVID UMANSKYCEO

ANNE TIRSCHWELLBOARD MEMBER

BRAHM CRAMERCHAIRMAN

COURTNEY HALLBOARD MEMBER

DAVID LOOVICE CHAIR/TREASURER

DAVID J SWEENYBOARD MEMBER

EBEN ELLERTSONBOARD MEMBER

JENNIFER HUTTERBOARD MEMBER

MARY CORCORANSECRETARY

VIPUL TANDONBOARD MEMBER

About this charity

Location
180 VARICK STREET - SUITE 1414, NEW YORK, NY 10014
County
New York
In care of
DAVID UMANSKY
Primary officer
DAVID UMANSKY, CHIEF EXECUTIVE OFFICER

How to reach them

Filing and classification

Latest tax year
2019
Tax period began
January 1, 2019
Return type
990
Tax preparer
LUTZ AND CARR CPAS LLP
Revocation date
May 15, 2016

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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