Rhode Islanders Sponsoring Education

Organization Overview

Rhode Islanders Sponsoring Education is located in Providence, RI. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Islanders Sponsoring Education 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 06/2021, Rhode Islanders Sponsoring Education generated $425.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $303.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS AND MENTORING TO CHILDREN OF CURRENTLY AND FORMERLY INCARCERATED PARENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

APPROXIMATELY 92 STUDENTS ARE INVOLVED IN THE ORGANIZATION'S PROGRAM THAT PROVIDES EDUCATIONAL OPPORTUNITIESAND MENTORING TO CHILDREN OF INCARCERATED PARENTS. THE ORGANIZATION PROVIDES TUITION ASSISTANCE ON A COMPETITIVE BASIS FOR QUALIFYING CHILDREN TO ATTEND INDEPENDENT HIGH SCHOOLS WITH A RIGOROUS ACADEMIC CURRICULUM, HIGH EXPECTATIONS AND A COMMITMENT TO CARING, COMPASSION, AND CHARACTER BUILDING, RISE ALSO PROVIDES A MENTORING PROGRAM FOR CHILDREN 7 THROUGH HIGH SCHOOL TO INCREASE ACCESS TO HEALTHY AND DEPENDABLE ADULTS, AND EXPERIENCES THAT FURTHER LEARNING AND INSPIRE HIGH SCHOOL COMPLETION AND POST SECONDARY PLANNING. RISE ALSO PROVIDES A RANGE OF LEARNING SUPPORTS AS NEEDED, AND SUPPORTS FAMILIES OF THE YOUTH AS WELL.


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Board, Officers & Key Employees

Name (title)Compensation
Kaitlin Della Grotta
Director Of Operations
$65,231
Kevin Vigilante
Founder-Board Member
$0
Tricia O'neil
Treasurer
$0
Debra Bruneau
Secretary
$0
Edward Wing
Vice President
$0
Eulanda Lafrance
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$420,630
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$420,630
Total Program Service Revenue$0
Investment income $4,374
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $425,004

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Rhode Islanders Sponsoring Education has recieved totaling $196,950.

Awarding OrganizationAmount
The Rhode Island Community Foundation

Providence, RI

PURPOSE: BREAKING THE CYCLE THROUGH EDUCATION; PROGRAM SUPPORT; RISE EMERGENCY NEEDS FUND; OPPORTUNITY AND HOPE FOR A CHILD; GENERAL SUPPORT; GENERAL OPERATING; BOARD CHAIR/ED COACHING PROGRAM - MINI GRANT

$70,350
Haffenreffer Family Fund

Providence, RI

PURPOSE: Program Support, General Operating

$44,250
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$34,250
United Way Of Rhode Island Inc

Providence, RI

PURPOSE: DESIGNATED DONATION/GRANT

$13,550
June Rockwell Levy Foundation Incorporated

Providence, RI

PURPOSE: BREAKING THE CYCLE THROUGH EDUCATION AND MENTORING

$10,000
Billy Andrade-Brad Faxon Charities For Children Inc

Providence, RI

PURPOSE: CHILDREN CHARITY FUNDING FOR HEALTH, EDUCATION & WELFARE

$8,000
View Grant Recipient Profile

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