Mentor Rhode Island - The Ri Mentoring Partnership Inc
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Warwick, RI
- Founding
- 05/1989
- Data as of
- 06/2022
- EIN
- 05-0443260
Organization Overview
Mentor Rhode Island - The Ri Mentoring Partnership Inc is located in Warwick, RI. The organization was established in 1989. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 06/2022, Mentor Rhode Island - The RI Mentoring Partnership Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mentor Rhode Island - The RI Mentoring Partnership Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Mentor Rhode Island - The RI Mentoring Partnership Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 15.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Mentor Rhode Island - The RI Mentoring Partnership Inc has awarded 15 individual grants totaling $382,732. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE YOUTH HAVE ACCESS TO THE MOTIVATIONAL AND SUPPORTIVE RELATIONSHIPS THEY NEED TO GROW INTO CONFIDENT, SUCCESSFUL ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENTOR RHODE ISLAND COODINATED SCHOOL-BASED MENTORING PROGRAMS IN WARWICK, WOONSOCKET, NEWPORT, MIDDLETOWN, PORTSMOUTH, BRISTOL-WARREN, AND PROVIDENCE RI PUBLIC SCHOOLS THROUGH QUALITY ONE-TO-ONE MENTORING, WHICH INCLUDES MENTOR RECRUITMENT, SCREENING, TRAINING, AND MATCHING WITH YOUTH ALONG WITH ONGOING RELATIONSHIP SUPPORT. 201 STUDENTS WERE CONNECTED WITH A MENTOR THROUGH THESE SCHOOL-BASED PROGRAMS.
PROVIDED TRAINING AND SUPPORT THROUGH A NETWORK OF 56 MENTORING PROGRAMS SERVING 5,217 YOUTH IN 37 OF RHODE ISLAND'S CITIES AND TOWNS TO HELP PROGRAM COORDINATORS BEGIN MENTORING PROGRAMS AND/OR ENHANCE EXISTING PROGRAMS THROUGH THE NATIONALLY ACCEPTED "ELEMENTS OF EFFECTIVE PRACTICE IN MENTORING." RIMP CONDUCTED 45 TOTAL TRAININGS & WORKSHOPS FOR 675 PEOPLE REPRESENTING 215 ORGANIZATIONS. TRAININGS INCLUDED: PROGRAM COORDINATOR TRAINING, MENTOR TRAINING, EVERYDAY MENTOR TRAINING, CONNECT/FOCUS/GROW, ELEMENTS OF EFFECTIVE PRACTICE TRAINING, AND SEVERAL WORKSHOPS FOCUSED ON TOPICS IMPORTANT TO YOUTH, MENTORS, AND MENTORING PROGRAMS. PROVIDED 1113 HOURS OF FREE TO THEM TRAINING AND TECHNICAL ASSISTANCE VALUED AT 83,475 TO 26 MENTORING PROGRAMS AS RHODE ISLAND'S ONLY APPROVED TECHNICAL ASSISTANCE PROVIDER FOR THE NATIONAL MENTORING RESOURCE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jo-Ann Schofield President & | Officer | 40 | $86,174 |
Brendan Ahearn Chair | OfficerTrustee | 1 | $0 |
Kyle Peterson Treasurer | OfficerTrustee | 1 | $0 |
Lindsay Hamilton Secretary | OfficerTrustee | 1 | $0 |
Jannel Hill Vice Chair | OfficerTrustee | 1 | $0 |
Monika Soban Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $603,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $217,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $820,239 |
| Total Program Service Revenue | $239,839 |
| Investment income | $16,676 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,002 |
| Net Income from Fundraising Events | $97,580 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,206,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $382,732 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,174 |
| Compensation of current officers, directors, key employees. | $8,617 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $420,470 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $42,609 |
| Payroll taxes | $58,737 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,028 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,407 |
| Advertising and promotion | $6,088 |
| Office expenses | $30,997 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,305 |
| Travel | $12,703 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,304 |
| Insurance | $8,557 |
| All other expenses | $11,816 |
| Total functional expenses | $1,161,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,191 |
| Savings and temporary cash investments | $753,213 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $44,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,087 |
| Net Land, buildings, and equipment | $12,852 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $298,100 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,152,643 |
| Accounts payable and accrued expenses | $70,224 |
| Grants payable | $0 |
| Deferred revenue | $585,808 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $656,032 |
| Net assets without donor restrictions | $496,611 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,152,643 |
Grants Awarded
Over the last fiscal year, Mentor Rhode Island - The Ri Mentoring Partnership Inc has awarded $382,732 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Providence, RI PURPOSE: OPERATING | $45,000 |
Providence, RI PURPOSE: OPERATING | $44,184 |
Providence, RI PURPOSE: OPERATING | $37,500 |
Providence, RI PURPOSE: OPERATING | $33,381 |
Providence, RI PURPOSE: OPERATING | $30,041 |
Providence, RI PURPOSE: OPERATING | $27,500 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Mentor Rhode Island - The Ri Mentoring Partnership Inc has recieved totaling $152,146.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: EMPLOYEE CONTRIBUTION; MATCHING CONTRIBUTION; AQUIDNECK ISLAND MENTORING; BUILDING A FRAMEWORK FOR RACIAL JUSTICE WITH MENTOR RHODE ISLAND; COVID-19 VACCINATION INCENTIVE FUND GRANT; AQUIDNECK ISLAND MENTORING (AIM) STEM MENTORING ACTIVITIES | $33,653 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $28,284 |
Harborone Foundation Of Rhode Island Brockton, MA PURPOSE: YOUTH SERVICES | $22,500 |
Alletta Morris Mcbean Charitable Trust La Quinta, CA PURPOSE: COORDINATING THE MENTORING PROGRAM IN NEWPORT | $21,000 |
June Rockwell Levy Foundation Incorporated Providence, RI PURPOSE: WOONSOCKET MENTOR PROGRAM, GENERAL OPERATING | $21,000 |
National Mentoring Partnership Incorporated Boston, MA PURPOSE: SOCIAL JUSTICE GRANTS | $15,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Vocational Service Inc Boston, MA | $20,674,331 | $21,644,492 |
Operation Able Of Greater Boston Inc Boston, MA | $1,665,428 | $6,750,238 |
Johnson Oconnor Research Foundation Inc Boston, MA | $5,410,045 | $5,445,179 |
Americas Youth Teenage Unemployment Reduction Network Inc Brockton, MA | $425,863 | $1,785,740 |
Prea Foundation Inc Hartford, CT | $15,344,989 | $2,684,612 |
Mentor Rhode Island - The Ri Mentoring Partnership Inc Warwick, RI | $1,152,643 | $1,206,336 |
Insight Collaborative Inc Concord, MA | $124,565 | $0 |
Next Step Generation Inc Bridgeport, CT | $23,419 | $0 |
Business Education Initiative Of Trumbull Inc Trumbull, CT | $10,833 | $0 |
Institute For Life Coping Skills Incorporated Greenwich, CT | $41,861 | $0 |