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Nonprofit · EIN 84-2597187

FRIENDS OF NEWPORT SKATEPARK

Tax-exempt (reinstated) · NEWPORT, RI 02840

Financials

$521K$36K2023$1.3M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF NEWPORT SKATEPARK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,318,739$1,804,437-$485,698$6,202$0$6,202
December 31, 2023990$521,063$36,291$484,772$491,900$0$491,900
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,295,211
Program service revenue
$0
Investment income
$23,528
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,787,247
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,802,966
Management and general (functional)
$1,471

Balance sheet and other

Total assets, start of year
$491,900
Total assets, end of year
$6,202
Total liabilities, end of year
$0
Net assets, end of year
$6,202
Gross receipts
$1,318,739
Employees
0
Volunteers
0
Year formed
2019
State of legal domicile
RI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL J RICHARDSDIRECTOR
Trustee or director
5$0
PAUL MARSHALLDIRECTOR
Trustee or director
5$0
JAY JOHNSONDIRECTOR
Trustee or director
5$0
KEVIN HYMANDIRECTOR
Trustee or director
3$0
STEPHEN ABBRUZZIDIRECTOR
Trustee or director
3$0
CHARLES COOPERDIRECTOR
Trustee or director
3$0
DONNY BARLEYDIRECTOR
Trustee or director
3$0
MARK ARMARALDIRECTOR
Trustee or director
2$0
MAX GRAYDIRECTOR
Trustee or director
2$0
SAGE CHAPMANDIRECTOR
Trustee or director
2$0
CHRIS FINNDIRECTOR
Trustee or director
2$0
KEVIN DEMELLODIRECTOR
Trustee or director
2$0
JOHNNY WALKERDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MICHAEL J RICHARDSDIRECTOR
Trustee or director
5$0
PAUL MARSHALLDIRECTOR
Trustee or director
5$0
JAY JOHNSONDIRECTOR
Trustee or director
5$0
KEVIN HYMANDIRECTOR
Trustee or director
3$0
STEPHEN ABBRUZZIDIRECTOR
Trustee or director
3$0
CHARLES COOPERDIRECTOR
Trustee or director
3$0
DONNY BARLEYDIRECTOR
Trustee or director
3$0
MARK ARMARALDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
36 WASHINGTON SQ, NEWPORT, RI 02840-2946
In care of
% MICHAEL J RICHARDS
Mailing address (990-N for 2022)
36 Washington Square, Newport RI 02840
Principal officer (990 for 2024)
MICHAEL J RICHARDS, 36 WASHINGTON SQ, NEWPORT, RI 02840
Principal officer (990-N for 2022)
Michael J Richards, 261 Turner Road, Middletown RI 02842
Signed the 990
MICHAEL J RICHARDS, DIRECTOR
Phone
(401) 845-8900
Return prepared by
KELSEY S HYMAN CPA

Mission

PROMOTING, FACILITATING, DESIGNING, SUPPORTING, ADVOCATING FOR AND FUNDRAISING FOR THE DESIGN, DEVELOPMENT AND THE BUILDING OF A PUBLIC SKATE PARK IN THE CITY OF NEWPORT, RHODE ISLAND

990 for the year ended December 31, 2024

Program accomplishments

  • ON DECEMBER 6, 2024, THE ORGANIZATION TRANSFERRED OWNERSHIP OF THE COMPLETED SKATEPARK (COST FOR COMPLETION $1,787,247) TO THE CITY OF NEWPORT, RI FOR USE AS A PUBLIC SKATEPARK. THE TRANSFER WAS MADE IN ACCORDANCE WITH THE ORGANIZATION'S MISSION TO DEVELOP AND BUILD A PUBLIC SKATE PARK IN THE CITY OF NEWPORT, RHODE ISLAND FOR COMMUNITY RECREATION.
    Expenses $1,787,247 · grants $1,787,247
  • THROUGH COMMUNITY AND INDIVIDUAL DONATIONS AND PLEDGES,REACHED GOAL OF RAISING A TOTAL OF ONE MILLION DOLLARS EIGHT HUNDRED THOUDAND DOLLARS TOWARD THE COST OF THE CONSTRUCTION OF THE SKATEPARK.
    Expenses $15,719
  • TRANSFER OF THE COMPLETED CONCRETE SKATEPARK LOCATED AT JOHN H CHAFEE BLVD, NEWPORT, RI TO THE CITY OF NEWPORT, RHODE ISLAND FOR USE AS A PUBLIC SKATEPARK.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2597187
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,202
Income (IRS master file)
$1,318,739

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
August 8, 2022
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,318,739$1,804,437$6,202XML
990December 2023$521,063$36,291$491,900XML
990-N for 2022
Officer: Michael J Richards
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2597187).

Questions about FRIENDS OF NEWPORT SKATEPARK

What is the EIN of FRIENDS OF NEWPORT SKATEPARK?
The employer identification number (EIN) of FRIENDS OF NEWPORT SKATEPARK is 84-2597187.
Is FRIENDS OF NEWPORT SKATEPARK tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to FRIENDS OF NEWPORT SKATEPARK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF NEWPORT SKATEPARK file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF NEWPORT SKATEPARK due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF NEWPORT SKATEPARK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF NEWPORT SKATEPARK?
The 990 for the year ended December 31, 2024 names MICHAEL J RICHARDS.
Who are the officers and directors of FRIENDS OF NEWPORT SKATEPARK?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF NEWPORT SKATEPARK have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,318,739, expenses of $1,804,437 and total assets of $6,202 at year end.

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