CSCharityScored
59

Block Island Maritime Funding Inc

Human Services · Wakefield, Rhode Island

Po Box 5338, Wakefield, RI 02880-5338

EIN: 050507802· Founded: Dec 2012· 14 years active· Filing Year: 2023

Annual Revenue

$1.9M

Total Expenses

$1.5M

Total Assets

$2.1M

Program Spending

45%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$142K

9.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$34K

Total Payroll

$176K

12% of total expenses

Where the Money Goes

45%
Programs: 45%
Payroll: 12%
Other overhead: 55%
Program Revenue$685K (37%)
Total Expenses$1.5M (82%)
Payroll$176K (12%)
Overhead (non-program)55%

Trust Score Breakdown

Program Spending Ratio

45% of expenses go to programs

40%

Revenue & Stability

$1.9M annual revenue

15%

Executive Compensation

$142K total officer comp (9.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.