JEmploymentEIN: 812807502

Skills for Rhode Islands Future

Providence, Rhode Island

B-Health Score
52B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Employment with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.10×
Peer Median4.74×
💰
$9.2M
Total Revenue
📊
$9.2M
Total Expenses
🏦
$910K
Net Assets
📋
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-41.7%
Year-over-year change (2022 → 2023)
Net Margin
+0.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.10
Net assets divided by total expenses
Liabilities-to-Assets
62.9%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$9,181,34042%$9,152,95342%$2,454,69529%
2022$15,744,35741%$15,717,39441%$1,910,05447%
2021$11,174,33187%$11,150,17890%$3,601,48461%
2020$5,964,10870%$5,883,973103%$2,230,737126%
2019$3,498,611107%$2,898,09981%$988,426386%
2018$1,691,61166%$1,604,85368%$203,247118%
2017$1,021,040$957,495$93,2779327600%
2016$0$0$1

Frequently Asked Questions

What does Skills for Rhode Islands Future do?

Skills for Rhode Islands Future is a employment nonprofit organization based in Rhode Island. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Skills for Rhode Islands Future financially healthy?

Based on our 9-metric Financial Health Score model, Skills for Rhode Islands Future has a score of 52/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Skills for Rhode Islands Future generate?

Skills for Rhode Islands Future reports $21.9M in annual revenue and holds $6.8M in total assets, based on IRS filings.

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