Womens Fund Of Rhode Island
- Assets
- $1.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Providence, RI
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 06-1741539
Organization Overview
Womens Fund Of Rhode Island is located in Providence, RI. The organization was established in 2005. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Womens Fund Of Rhode Island employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Fund Of Rhode Island 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 12/2021, Womens Fund Of Rhode Island generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $395.5k during the year ending 12/2021. While expenses have increased by 7.4% 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 2017, Womens Fund Of Rhode Island has awarded 29 individual grants totaling $257,548. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INVESTS IN WOMEN AND GIRLS THROUGH RESEARCH, ADVOCACY, GRANT MAKING AND STRATEGIC PARTNERSHIPS DESIGNED TO ACHIEVE GENDER EQUITY THROUGH SYSTEMIC CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GAVE $60,000 IN GRANTS FOCUSED ON GENDER AND RACIAL EQUITY HOSTED FIVE EVENTS FEATURING 22 WOMEN LEADERS ON FEMINIST TOPICS WITH 460 PARTICIPANTS TRAINED 600 INDIVIDUALS ON GENDER EQUITY IN THE WORKPLACE, SALARY NEGOTIATION SKILLS, WOMEN IN FUND DEVELOPMENT, ADVOCACY 101, MEN AS ALLIES, SELF-ADVOCACY, RUNNING FOR OFFICE TRAINED 29 FELLOWS IN GRASSROOTS ADVOCACY FOR LEGISLATIVE CHANGE THROUGH OUR WOMEN'S POLICY INSTITUTE LAUNCHED OUR WOMEN'S WELL-BEING INDEX AT HTTPS://WFRI.ORG/RHODE-ISLAND-WOMENS-WELL-BEING-INDEX/ ADVOCATED FOR FAIR PAY ACT (PASSED); SAFE VOTER ACCESS; INVESTING IN CHILDCARE INFRASTRUCTURE; SAFE STAFFING AND NURSING HOME QUALITY CARE ACT (PASSED); SOURCE OF INCOME DISCRIMINATION (PASSED); PERINATAL DOULA HEALTH INSURANCE COVERAGE (PASSED); PROTECTING EXPLANATION OF HEALTH BENEFITS INFORMATION; PROHIBITING GENDER RATING IN HEALTH INSURANCE PRODUCTS; FREE FEMININE HYGIENE PRODUCTS IN PUBLIC SCHOOLS & PRISONS (PASSED)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Nevins Executive Director | Officer | 40 | $85,608 |
Claire Carrabba Treasurer | OfficerTrustee | 1 | $0 |
Beverly Wiley Board Chair | OfficerTrustee | 2 | $0 |
Zankhana Bateman Vice Chair | OfficerTrustee | 1.5 | $0 |
Kelly Kincaid Secretary | OfficerTrustee | 1.25 | $0 |
Joanne Daly Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $23,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $990,155 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,013,905 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,030 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,023,935 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,000 |
| 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. | $85,608 |
| Compensation of current officers, directors, key employees. | $34,243 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,465 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,329 |
| Payroll taxes | $14,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,748 |
| Fees for services: Accounting | $6,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,667 |
| Advertising and promotion | $0 |
| Office expenses | $1,589 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,275 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $589 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,138 |
| Insurance | $2,800 |
| All other expenses | $10,345 |
| Total functional expenses | $395,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $668,575 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,019 |
| Net Land, buildings, and equipment | $1,378 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $501,849 |
| Total assets | $1,174,821 |
| Accounts payable and accrued expenses | $2,178 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $7,178 |
| Net assets without donor restrictions | $661,794 |
| Net assets with donor restrictions | $505,849 |
| 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 | $1,174,821 |
Grants Awarded
Over the last fiscal year, Womens Fund Of Rhode Island has awarded $50,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Atlanta, GA PURPOSE: Abuse & Harassment Prevention Education | $10,000 |
Atlanta, GA PURPOSE: SistaFire program for addressing maternal health crisis | $10,000 |
Boston, MA PURPOSE: Spanish Language Entrepreneurship Training | $10,000 |
Washington, DC PURPOSE: Business Training for Family Child Care | $10,000 |
Warwick, RI PURPOSE: Advocates of Color Leadership Development to Advance Economic Justice | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Womens Fund Of Rhode Island has recieved totaling $226,901.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: GENERAL OPERATING; WOMEN'S WELL-BEING INDEX; STRATEGIC PLANNING; PROGRAM SUPPORT; AS MOST NEEDED | $196,288 |
Prospect Hill Foundation Inc New York, NY PURPOSE: COMMEMORATE THE 20TH ANNIVERSARY | $13,303 |
United Way Of Rhode Island Inc Providence, RI PURPOSE: DESIGNATED DONATION/GRANT | $12,310 |
Prospect Hill Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Open Sky Community Services Inc Worcester, MA | $49,353,222 | $95,640,760 |
Toward Independent Living & Learning Inc Dedham, MA | $105,262,723 | $73,578,332 |
Ability Beyond Disability Inc Bethel, CT | $36,674,739 | $52,693,685 |
Continuum Of Care Inc New Haven, CT | $19,340,756 | $52,456,759 |
United Community And Family Services Inc Norwich, CT | $31,724,085 | $34,563,252 |
The Guild For Human Services Inc Concord, MA | $50,533,268 | $37,209,681 |
Kennedy-Donovan Center Inc Foxboro, MA | $23,212,123 | $32,800,844 |
Delta Projects Inc Dedham, MA | $23,715,014 | $34,546,579 |
Rms Development Inc Kensington, CT | $11,115,267 | $30,398,939 |
Crystal Springs Inc Assonet, MA | $21,813,841 | $30,669,053 |
Cooperative Production Inc North Dighton, MA | $19,477,878 | $29,998,300 |
Lifeworks Incorporated Westwood, MA | $40,994,438 | $26,087,174 |