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Skills for Rhode Island's Future

Providence, RI · EIN 81-2807502 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Skills for Rhode Island's Future reported $11.6 million in revenue and $11.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.00 went to program services, $10.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 101.4% of the total. Government grants made up 99.0%. The highest compensation it reported for one person was $238,596 (EXECUTIVE DIRECTOR). 10 people received more than $100,000 in reportable compensation. Revenue rose 95% 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 $12M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 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 $12M

Investment income was negative: −$210K. The bar shows the positive sources only.

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

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.0%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
10.0%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
101.4%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
99.0%1.4%
Program service revenue share
Part VIII 2g ÷ 12
0.4%62.6%
Highest reported compensation
Part VII-A, columns D–F
$238,596$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.01%1.26%
People paid over $100,000
Part VII, line 2
106
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.68.1
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

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
$4.5M expenses · 42.0% of program spending · revenue $45,631

Skills for Rhode Island's future is a workforce intermediary that offers job placement and job training services to ri job seekers who are unemployed or underemployed as per the definition of the united states department of labor. As part of our job placement and training services, skills for Rhode Island's future provides job coaching, resume building, interview skills and job placement matching services. Skills for Rhode Island's future also acts as an intermediary between job seekers and employers to ensure that job seekers are provided a fair and equitable opportunity to gain employment

$2.7M expenses · 24.9% of program spending

Prepare ri internship program is a workbased-learning internship program designed to provide high school students with real world experience during the school year and out of school time (I.e., summer vacation)

$3.5M expenses · 33.1% of program spending

Ri small business hub: the small business resource hub, established and operated by skills for Rhode Island's future (skillsri), is a one-stop resource for Rhode Island small businesses to access a range of shared services across legal, human resources, finance, bookkeeping, marketing, fundraising, strategic planning and more. With the goal of empowering ri small businesses, particularly disadvantaged, women and minority-owned businesses, to stabilize, strengthen and thrive, the small business resource hub also offers professional development workshops, networking opportunities and 1:1…

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
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$215,972$0$22,624$238,596
VP OF CLIENT & CAREER SERV
Highest compensated employee, 40.00 hrs/week
$167,400$0$24,859$192,259
VP OF ECONOMIC DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$160,000$0$7,020$167,020
VP OF MARKETING & COMM
Highest compensated employee, 40.00 hrs/week
$156,000$0$7,068$163,068
VP OF FINANCE & HR
Officer, 40.00 hrs/week
$147,960$0$14,388$162,348
SR. DIRECTOR OF ALUMNI SERVICES
Highest compensated employee, 40.00 hrs/week
$107,201$0$20,163$127,364
DIRECTOR OF STRATEGY & DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$113,400$0$12,028$125,428

10 people received more than $100,000 in reportable compensation from Skills for Rhode Island's Future (Part VII, line 2). Compensation of current officers, directors and key employees totaled $401K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M90.0%$571K$238,596
FY2024 ⓘ$22M$22M90.0%$832K$252,192
FY2023 ⓘ$9.2M$9.2M90.0%$910K$228,582
FY2022 ⓘ$16M$16M99.2%$882K$222,923
FY2021 ⓘ$11M$11M90.0%$855K$193,236
FY2020 ⓘ$6.0M$5.9M90.0%$831K$188,981

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–1b12 · 12 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 5500
  • Volunteers Part I, line 6217

Private foundation grants it received

3 private foundations reported grants to Skills for Rhode Island's Future totaling $121K 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 Skills for Rhode Island's Future's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Skills for Rhode Island's Future, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in Rhode Island

Questions people ask

How much of Skills for Rhode Island's Future's spending goes to programs?

In the fiscal year ending June 30, 2025, Skills for Rhode Island's Future reported that 90.0% of its $11.9 million in expenses went to program services, 10.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Skills for Rhode Island's Future pay its top executive?

The largest total compensation Skills for Rhode Island's Future reported for one person in the fiscal year ending June 30, 2025 was $238,596, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Skills for Rhode Island's Future get its money?

Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 101.4% came from contributions and grants (including 99.0% from government grants) and 0.4% from program service revenue (Form 990, Part VIII).

Is Skills for Rhode Island's Future a registered charity?

The IRS lists EIN 81-2807502 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202611359349310181 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511259349300341 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349309782 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349312762 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201369349314155 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349305431 · read the filing

All filings for EIN 81-2807502: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.