Warwick Pal EIN 05-0373898 Form 990 (PDF) Claim this org

Warwick Pal

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Organizes athletic competitions for youth, fostering teamwork and support. For fiscal year 2025 it reported $332K in revenue, $331K in expenses, and $341K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Warwick, RI
Website
www.warwickpal.com
Filings
6 on file (2020–2025)
Revenue
$332KFY2025
Expenses
$331K
Net assets
$341K
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  05-0373898 Public charity (501(c)(3)) Warwick, RI
Form 990 (PDF)
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Size
$100K–1M
What they do
Organizes athletic competitions for youth, fostering teamwork and support.
Leadership
James Jennings · Executive Director
Money in and out
$332K revenue, $331K expenses
Bottom line
100% program efficiency
Where the money goes · FY2025
Total revenue
$332K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$341K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
6.3mo
months of highly liquid reserves at operating expense rate▲ +3% vs prior filing year
Surplus margin
+0.5%
revenue over expenses, this year▼ -90% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$332K
FY2025▼ -10%
Expenses
$331K
FY2025▼ -6%
Total assets
$354K
FY2025▼ -2%
Total liabilities
$13K
FY2025▼ -38%
Total revenue
$332K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$341K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$354K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWarwick Pal
EINHdr · item D05-0373898
Principal addressHdr · item CWarwick, RI
WebsiteHdr · item Jwww.warwickpal.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1980

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $331K of program spending, described in the organization's own filed words · FY2025.
01

Athletic competition including football, baseball, lacrosse, wrestling, cheerleading for the youth of warwick, rhode island and any surrounding area children wanting to participate.

$331Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$225K · 68%
Other revenue$61K · 19%
Contributions & grants$45K · 14%
Program service revenue68%$225K
Other revenue19%$61K
Contributions & grants14%$45K
Investment income$833
— government grantsLn 1e$45K
Total revenueLn 12$332K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$331K
Total functional expensesLn 25$331K

Balance Sheet

Part X · end of year
CashLn 1$174K
Total assetsLn 16$354K
Total liabilitiesLn 26$13K
Total net assetsLn 32$341K
Months of cash on handcomputed6.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $174K · Operating expenses/yr $331K
6.3 months
Where the money goes
Program services
Program services $331K · Total expenses $331K
100%
Management & General
Management & general $0 · Total expenses $331K
0%
Fundraising
Fundraising $0 · Total expenses $331K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $45K · Total revenue $332K
14%
Government reliance
Government grants $45K · Total revenue $332K
14%
Earned-income share
Program service revenue $225K · Total revenue $332K
68%
Investment reliance
Investment income $833 · Total revenue $332K
+0.3%
Program self-sufficiency
Program service revenue $225K · Total expenses $331K
68%
Growth & trend
Revenue growth (YoY)
This year $332K · Prior year $369K
-10%
Revenue CAGR
FY2020 $83K · FY2025 $332K
+32%
Net-asset trend (YoY)
End of year $341K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $332K · Expenses $331K
+0.5%
Liabilities-to-Assets
Total liabilities — · Total assets $354K
Net-asset ratio
Net assets $341K · Total assets $354K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $354K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Jennings · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $331K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $331K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -10%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$14K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$332K revenue · viewing · ⤓ 990 PDF
FY2024$369K revenue · ⤓ 990 PDF
FY2023$318K revenue · ⤓ 990 PDF
FY2022$266K revenue · ⤓ 990 PDF
FY2021$193K revenue · ⤓ 990 PDF
FY2020$83K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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