Rhode Island · Nonprofit
FABNEWPORT INC
FABNEWPORT INC (Rhode Island) receives grants from 37 organizations whose IRS filings report $2,198,246 to it, the largest being VAN BEUREN CHARITABLE FOUNDATION INC ($702,196). 23 of them have funded it in more than one year.
- Revenue FY2024
- $1.1M
- Funders on record
- 37
- Grants received
- $2.2M
- Net assets
- $545k
What Fabnewport Inc does
Mission
To ensure youth have equitable access to the opportunities, resources, and relationships so they can thrive today and in the future.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
Pvd young makers ended in 2024
Its own explanation, from Schedule O of that return (Part III, line 3).
Summer programmingeach summer, the newport experience (nex) provides approximately 100 newport students with a six-week immersion that combines community partnerships, experiential learning, and exploration of their city to broaden horizons. Learners participate in outdoor and in-lab activities such as design and making, surfing, cycling, hiking, and farming. These experiences cultivate confidence, creativity, and resilience while providing opportunities otherwise inaccessible to many young people, particularly those from socioeconomically disadvantaged backgrounds in newport's north end. The organization also received $235,679 in funding from grants and individual donors in support of this initiative.
$251,508 spent29% of program spendingIn-school programmingduring the school year, nex extends its reach into local schools to engage hundreds of students. Offerings include heart club at thompson middle school, which emphasizes belonging, social-emotional learning, and restorative practices; steam programming at all saints academy; and design, make, and manufacturing classes at the metropolitan regional career and technical center. These initiatives support academic engagement, skill development, and a stronger sense of community among learners.
$168,553 spent$126,650 earned by the program19% of program spendingOut-of-school time programmingbeyond school hours, nex offers a broad slate of afterschool and weekend opportunities. Students participate in activities that mirror summer immersion experiences, including surfing, biking, and other adventure-based learning, as well as creative and technical pursuits such as coding, 2d design, jewelry making, and art. These programs foster skill-building, curiosity, and a sense of belonging, while ensuring consistent access to safe and enriching environments year-round. The organization also received $40,312 in funding from grants in support of this initiative.
$135,977 spent$46,775 earned by the program16% of program spendingOther programming includes community engagement initiatives and first tee. The organization also received $134,904 in funding from grants and individual donors in support of this initiative.
$319,223 spent36% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $875,261.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $402k to $806k (+100%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 53% · 2019 55% · 2020 50% · 2021 11% · 2022 60% · 2023 61% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.
84% of FABNEWPORT INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Steven Heath
Executive director
Board chair
Allison Ingalsbe
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 17 funders, grant income rose $15k → $396k.
7 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FABNEWPORT INC’s funders (the co-funder graph). Top 30 of 37 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FABNEWPORT INC has a broad base — no single funder exceeds 32% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
32% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FABNEWPORT INC.
Largest funder’s share by year: 2017 100% · 2018 55% · 2019 44% · 2020 26% · 2021 31% · 2022 25% · 2023 45% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
85% of FABNEWPORT INC's funders are still giving 3 years after their first grant; 62% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
FABNEWPORT INC draws 81% of its grant income from funders outside Rhode Island, across 11 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $632k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FABNEWPORT INC has grown faster than three-quarters of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Organizations like FABNEWPORT INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Rhode Island
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
97%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for FABNEWPORT INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FABNEWPORT INC?
- FABNEWPORT INC (Rhode Island) receives grants from 37 organizations whose IRS filings report $2,198,246 to it, the largest being VAN BEUREN CHARITABLE FOUNDATION INC ($702,196). 23 of them have funded it in more than one year.
- How many funders does FABNEWPORT INC have?
- IRS filings report 37 organizations giving $2,198,246 in grants to FABNEWPORT INC, 23 of which have funded it in more than one year.
- Who is the largest funder of FABNEWPORT INC?
- VAN BEUREN CHARITABLE FOUNDATION INC is the largest funder on record, with $702,196 in grants. The full list of funders is on this page.
- How can an organization like FABNEWPORT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Fabnewport →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 37 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing