Charity Impact Media

Home › Education

Achievement First Rhode Island

New Haven, CT · EIN 46-1986417 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Achievement First Rhode Island reported $71.0 million in revenue and $65.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.69 went to program services, $7.31 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.3% of the total. The highest compensation it reported for one person was $192,314 (PRINCIPAL). 15 people received more than $100,000 in reportable compensation. Revenue rose 187% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $66M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $71M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
7.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
96.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$192,314$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.29%1.28%
People paid over $100,000
Part VII, line 2
158
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.413.3
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$61M expenses · 100.0% of program spending · revenue $68M

Academic programs for students in kindergarten through twelfth grade

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$175,288$0$17,026$192,314
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$160,629$0$11,164$171,793
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$146,141$0$14,287$160,428
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$134,218$0$18,424$152,642
PRINCIPAL
Highest compensated employee, 40.00 hrs/week
$135,686$0$14,294$149,980

15 people received more than $100,000 in reportable compensation from Achievement First Rhode Island (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$71M$66M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$71M$66M92.7%$24M$192,314
FY2024 ⓘ$65M$59M83.5%$19M$184,981
FY2023 ⓘ$53M$50M87.8%$13M$183,286
FY2022 ⓘ$44M$43M87.0%$8.8M$166,864
FY2021 ⓘ$34M$29M87.9%$8.1M$203,341
FY2020 (amended) ⓘ$25M$25M87.0%$2.4M$189,611

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5516
  • Volunteers Part I, line 68

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ACHIEVEMENT FIRST
Management services
$6,715,040
COLLIERS PROJECT LEADERS USA NE LLC
Maintenance and repair services
$161,031
MASANA TECH LLC
Technology maintenance and repair servic
$125,765

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Achievement First Rhode Island totaling $39 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Achievement First Rhode Island's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Achievement First Rhode Island, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Connecticut

Questions people ask

How much of Achievement First Rhode Island's spending goes to programs?

In the fiscal year ending June 30, 2025, Achievement First Rhode Island reported that 92.7% of its $65.8 million in expenses went to program services, 7.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Achievement First Rhode Island pay its top executive?

The largest total compensation Achievement First Rhode Island reported for one person in the fiscal year ending June 30, 2025 was $192,314, for the role of PRINCIPAL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Achievement First Rhode Island get its money?

Of $71.0 million in revenue in the fiscal year ending June 30, 2025, 2.5% came from contributions and grants (including 2.5% from government grants) and 96.3% from program service revenue (Form 990, Part VIII).

Is Achievement First Rhode Island a registered charity?

The IRS lists EIN 46-1986417 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349301348 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349304279 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421229349301532 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301259349301365 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231309349301103 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020 (amended), object 202230979349300913 · read the filing

All filings for EIN 46-1986417: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.