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Newportfed Charitable Foundation

  • Newport, RI
  • Tax-exempt since June 2008
  • EIN: 20-5140473

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$127k (2024)

Expenses
$251k (2024)

Total Assets
$3.24M (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$126,997
Expenses
$251,173
Net Income
-$124,176
Net Assets
$3,236,777
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $118,794
93.5%
Sales of Assets $8,203
6.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $213,298
84.9%
Compensation of Officers* $19,800
7.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,236,777
Total Liabilities $0
Net Assets $3,236,777
Compensation
Key Employees and Officers Compensation Other
Arthur H Lathrop (Treasurer) $5,400 $0
Kevin M Mccarthy (President) $2,400 $0
Judy Tucker (Secretary) $2,400 $0
Alicia S Quirk (Director) $2,400 $0
Kelly Lee (Director) $2,400 $0
Mark Stenning (Director) $2,400 $0
Michael Hayes (Director) $2,400 $0
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Document Links

990-PF
Filed on June 24, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$325,020
Expenses
$289,485
Net Income
$35,535
Net Assets
$3,360,953
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $109,804
33.8%
Sales of Assets $215,216
66.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $253,060
87.4%
Compensation of Officers* $19,800
6.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,360,953
Total Liabilities $0
Net Assets $3,360,953
Compensation
Key Employees and Officers Compensation Other
Arthur H Lathrop (Treasurer) $5,400 $0
Kevin M Mccarthy (President) $2,400 $0
Judy Tucker (Secretary) $2,400 $0
Alicia S Quirk (Director) $2,400 $0
Kelly Lee (Director) $2,400 $0
Mark Stenning (Director) $2,400 $0
Michael Hayes (Director) $2,400 $0
+ View more people

Document Links

990-PF
Filed on May 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$91,889
Expenses
$272,131
Net Income
-$180,242
Net Assets
$3,325,418
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $95,903
> 100%
Sales of Assets -$4,014
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $236,566
86.9%
Compensation of Officers* $20,250
7.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,325,418
Total Liabilities $0
Net Assets $3,325,418
Compensation
Key Employees and Officers Compensation Other
Arthur H Lathrop (Treasurer) $5,250 $0
Kevin M Mccarthy (President) $2,250 $0
Judy Tucker (Secretary) $2,250 $0
Alicia S Quirk (Director) $2,250 $0
Kelly Lee (Director) $2,250 $0
Mark Stenning (Director) $2,250 $0
Michael Hayes (Director) $2,250 $0
Donald Kaull (Director) $1,500 $0
+ View more people

Document Links

990-PF
Filed on July 27, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$249,194
Expenses
$280,678
Net Income
-$31,484
Net Assets
$3,505,660
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $91,826
36.8%
Sales of Assets $157,368
63.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $223,500
79.6%
Compensation of Officers* $21,000
7.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,505,660
Total Liabilities $0
Net Assets $3,505,660
Compensation
Key Employees and Officers Compensation Other
Arthur H Lathrop (Treasurer) $5,250 $0
Kevin M Mccarthy (President) $2,250 $0
Judy Tucker (Secretary) $2,250 $0
Alicia S Quirk (Director) $2,250 $0
Donald Kaull (Director) $2,250 $0
Kelly Lee (Director) $2,250 $0
Mark Stenning (Director) $2,250 $0
Michael Hayes (Director) $2,250 $0
+ View more people

Document Links

990-PF
Filed on Sept. 28, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$401,238
Expenses
$393,052
Net Income
$8,186
Net Assets
$3,537,143
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $102,551
25.6%
Sales of Assets $298,687
74.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $339,600
86.4%
Compensation of Officers* $16,900
4.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,537,144
Total Liabilities $1
Net Assets $3,537,143
Compensation
Key Employees and Officers Compensation Other
Arthur H Lathrop (Treasurer) $4,300 $0
Kevin M Mccarthy (President) $1,800 $0
Judy Tucker (Secretary) $1,800 $0
Alicia S Quirk (Director) $1,800 $0
Donald Kaull (Director) $1,800 $0
Kelly Lee (Director) $1,800 $0
Mark Stenning (Director) $1,800 $0
Michael Hayes (Director) $1,800 $0
+ View more people

Document Links

990-PF
Filed on Oct. 3, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$93,187
Expenses
$351,328
Net Income
-$258,141
Net Assets
$3,528,957
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $99,974
> 100%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $295,820
84.2%
Compensation of Officers* $18,900
5.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,528,958
Total Liabilities $1
Net Assets $3,528,957
Compensation
Key Employees and Officers Compensation Other
Judy Tucker (Secretary) $9,900 $0
Arthur H Lathrop (Treasurer) $3,900 $0
Kevin M Mccarthy (President) $900 $0
Alicia S Quirk (Director) $900 $0
Donald Kaull (Director) $900 $0
Kelly Lee (Director) $900 $0
Mark Stenning (Director) $900 $0
Michael Hayes (Director) $600 $0
+ View more people

Document Links

990-PF
Filed on June 11, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$208,685
Expenses
$273,698
Net Income
-$65,013
Net Assets
$3,787,099
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $94,724
45.4%
Sales of Assets $113,961
54.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $227,977
83.3%
Compensation of Officers* $12,000
4.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,787,099
Total Liabilities $0
Net Assets $3,787,099
Compensation
Key Employees and Officers Compensation Other
Judy Tucker (Secretary) $9,000 $0
Arthur H Lathrop (Treasurer) $3,000 $0
Kevin M Mccarthy (President) $0 $0
Alicia S Quirk (Director) $0 $0
Donald Kaull (Director) $0 $0
Kelly Lee (Director) $0 $0
Mark Stenning (Director) $0 $0
Michael Hayes (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 7, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$140,899
Expenses
$201,247
Net Income
-$60,348
Net Assets
$3,852,112
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $84,031
59.6%
Sales of Assets $56,868
40.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $163,338
81.2%
Compensation of Officers* $8,500
4.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,852,112
Total Liabilities $0
Net Assets $3,852,112
Compensation
Key Employees and Officers Compensation Other
Judy Tucker (Secretary) $7,250 $0
Arthur H Lathrop (Treasurer) $1,250 $0
Kevin M Mccarthy (President) $0 $0
Alicia S Quirk (Director) $0 $0
Donald Kaull (Director) $0 $0
Kelly Lee (Director) $0 $0
Mark Stenning (Director) $0 $0
Michael Hayes (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$4,765
Expenses
$266,368
Net Income
-$271,133
Net Assets
$3,912,460
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $78,437
Sales of Assets -$83,202
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $224,300
84.2%
Compensation of Officers* $6,000
2.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $3,912,460
Total Liabilities $0
Net Assets $3,912,460
Compensation
Key Employees and Officers Compensation Other
Judy Tucker (Secretary) $6,000 $0
Kevin M Mccarthy (President) $0 $0
Arthur H Lathrop (Treasurer) $0 $0
Alicia S Quirk (Director) $0 $0
Donald Kaull (Director) $0 $0
Kelly Lee (Director) $0 $0
Mark Stenning (Director) $0 $0
Michael Hayes (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 11, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$165,000
Expenses
$325,435
Net Income
-$160,435
Net Assets
$4,183,593
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $72,296
43.8%
Sales of Assets $92,704
56.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $262,353
80.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,183,593
Total Liabilities $0
Net Assets $4,183,593
Compensation
Key Employees and Officers Compensation Other
Kevin M Mccarthy (President) $0 $0
Arthur H Lathrop (Treasurer) $0 $0
Judy Tucker (Secretary) $0 $0
Alicia S Quirk (Director) $0 $0
William R Harvey (Director) $0 $0
Donald Kaull (Director) $0 $0
Kelly Lee (Director) $0 $0
Mark Stenning (Director) $0 $0
Michael Hayes (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on Aug. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$166,636
Expenses
$133,988
Net Income
$32,648
Net Assets
$4,344,028
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $88,912
53.4%
Sales of Assets $77,724
46.6%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $98,030
73.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,344,028
Total Liabilities $0
Net Assets $4,344,028
Compensation
Key Employees and Officers Compensation Other
Kevin Mccarthy (President) $0 $0
Arthur H Lathrop (Treasurer) $0 $0
Judy Tucker (Secretary) $0 $0
Alicia S Quirk (Director) $0 $0
William R Harvey (Director) $0 $0
Donald Kaull (Director) $0 $0
Kelly Lee (Director) $0 $0
Mark Stenning (Director) $0 $0
Michael Hayes (Director) $0 $0
+ View more people

Document Links

990-PF
Filed on May 19, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,037,322
Expenses
$281,212
Net Income
$1,756,110
Net Assets
$4,311,380
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $52
0.0%
Dividends $18,477
0.9%
Sales of Assets $2,018,793
99.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $267,085
95.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,311,380
Total Liabilities $0
Net Assets $4,311,380

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$15
Expenses
$190,519
Net Income
-$190,504
Net Assets
$2,555,270
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $15
100%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $187,495
98.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,680,270
Total Liabilities $125,000
Net Assets $2,555,270

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$112,332
Expenses
$211,046
Net Income
-$98,714
Net Assets
$2,745,774
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $51
0.0%
Dividends $0
Sales of Assets $112,281
100.0%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $200,550
95.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $2,745,774
Total Liabilities $0
Net Assets $2,745,774

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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