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Rhode Island · Nonprofit

OPERATION STAND DOWN RHODE ISLAND

OPERATION STAND DOWN RHODE ISLAND (Rhode Island) receives grants from 34 organizations whose IRS filings report $854,199 to it, the largest being THE RHODE ISLAND COMMUNITY FOUNDATION ($326,450). 16 of them have funded it in more than one year.

Revenue FY2024
$5.2M
Funders on record
34
Grants received
$854k
Net assets
$3.6M
16/34 repeat funderspeak grant-dependency 6%
01What it does

What Operation Stand Down Rhode Island does

Mission

Operation Stand Down Rhode Island (osdri) is an independent 501 (c) (3) nonprofit organization whose mission is to provide a "hand up, not a hand out." the mission is to strengthen the veteran community by providing crucial wrap around services.

As stated on its FY2024 Form 990.

Programs

  1. Founded in 1993, the organization has grown to become rhode island's innovative and leading nonprofit organization dedicated to the mission of ending homelessness among veterans in our communities. The organization follows the "housing first model" providing permanent and transitional housing combined with a full range of supportive services designed to address the individual veteran's needs which led to his or her state of homelessness. Supportive services include, but are not limited to, intensive case mangement, coordination of mental health and substance abuse treatment, assistance with veteran affairs (va) benefits and employment, training, and job placement services. Our focus is to give veterans a "hand up... Not a hand out." presently the organization owns and operates 66 units of permanent and transitional housing for disabled veterans located in providence, west warwick, woonsocket, and johnston, rhode island. These facilities house disabled low-income veterans who prior to arriving at the organization were homeless. For homeless or at-risk low-income veterans, with or without disabilities, the organization provides rental assistance and supportive services through the…

    $821,730 spent$398,390 earned by the program
    16% of program spending
  2. Throughout america's history, it has been our military members' training, values, leadership, teamwork, and "can do attitude" that carried our nation through great challenges of our times. These same skills make veterans good for an employer's bottom line. Despite these invaluable attributes, our veterans face many challenges in reintegrating into the workforce. Whether it is limited "in-demand" work skills, unstable housing, physical or emotional injuries, the organization's veteran employment and training specialists can help. The organization is able to work with all veterans in need of work through both private and state grant programs. The real pathways program administered by the organization is funded in part by funds received through the governor's workforce board "real pathways ri program." real pathways ri is a workforce development initiative designed to address employement challenges of individuals with barriers to employment. Combining the resources of the organizations 66 units of permanent and transitional housing for homeless disabled veterans, the ssvf, and the real pathways programs, the organization implements the "whole veteran" approach focusing on removing…

    $453,940 spent
    9% of program spending
  3. The organization provides financial and support services to veterans and veteran families that are homeless or imminently at-risk of being homeless through the ssvf program. Through the ssvf program, the organization aims to improve very low-income veteran families' housing stability by providing eligible individual veterans and veteran families with outreach, case management, and assistance in obtaining va and other benefits. In addition, the organization may also provide time-limited payments to third parties (e.g., landlords, utility companies, moving companies, and licensed child care providers) if these payments help veteran's families stay in or acquire permanent housing on a sustainable basis.

    $2,818,964 spent
    56% of program spending
  4. Other program services, not described on the e-filed return.

    $896,275 spent$653,607 earned by the program
    18% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,990,909.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.5M) Expenses 100 ($2.5M) Net assets 100 ($3.3M)2018 Revenue 105 ($2.6M) Expenses 99 ($2.4M) Net assets 107 ($3.5M)2019 Revenue 105 ($2.7M) Expenses 114 ($2.8M) Net assets 102 ($3.3M)2020 Revenue 137 ($3.4M) Expenses 134 ($3.3M) Net assets 104 ($3.4M)2021 Revenue 157 ($4.0M) Expenses 148 ($3.7M) Net assets 114 ($3.7M)2022 Revenue 165 ($4.2M) Expenses 168 ($4.1M) Net assets 114 ($3.7M)2023 Revenue 177 ($4.4M) Expenses 183 ($4.5M) Net assets 112 ($3.7M)2024 Revenue 205 ($5.2M) Expenses 211 ($5.2M) Net assets 112 ($3.6M)
'17'18'19'20'21'22'23'24
Revenue (205)Expenses (211)Net assets (112)Peer revenue range

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 $5.7M to $6.0M (+6%).

$5.4M
$5.7M
$5.5M
$5.7M
$6.0M
$6.2M
$6.0M
$6.0M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 66% · 2018 70% · 2019 74% · 2020 75% · 2021 73% · 2022 73% · 2023 72% · 2024 68%. Grants only. Government contracts and fees sit inside program revenue.

77% of OPERATION STAND DOWN RHODE ISLAND’s revenue is contributions — more donation-reliant than the typical peer (16% for the typical peer).

This organization
Typical peer · 1,616 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$58k
’17
$215k
’18
−$148k
’19
$129k
’20
$311k
’21
$31k
’22
−$45k
’23
−$10k
’24
1.7
months of
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

Erik Wallin Esq

Executive director

Board chair

Anthony Dequattro

President/chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed141413121212119
Joined·+0+1+1+0+1+0+1
No longer listed·0220113
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 12 funders, grant income rose $2k → $78k.

8 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 48% 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 OPERATION STAND DOWN RHODE ISLAND’s funders (the co-funder graph). Top 30 of 34 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

OPERATION STAND DOWN RHODE ISLAND leans on a few funders — its largest provides 38% of grant income and the top three 59%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

67% 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 OPERATION STAND DOWN RHODE ISLAND.

38%
largest funder
59%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 55% · 2021 55% · 2022 42% · 2023 19% — 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

33% of OPERATION STAND DOWN RHODE ISLAND's funders are still giving 3 years after their first grant; 47% give in more than one year at all.

first grant+1y+2y+3y+4y

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

OPERATION STAND DOWN RHODE ISLAND draws 62% of its grant income from funders outside Rhode Island, across 12 states in all.

NY
MA
NV
OH
PA
NJ
RI
CA
MO
NC
DC
GA

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $406k arriving through sponsors registered in 7 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.

04Its place in the field

Against its field

OPERATION STAND DOWN RHODE ISLAND has grown faster than half of the 1,551 employment nonprofits its size.

Operating margin−0% · below the median
Months of reserve1.7mo · below the median
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 1,551 employment nonprofits $1M–$10M, FY2024

Government funding OPERATION STAND DOWN RHODE ISLAND receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $23.5M on record.

Federal$23.5M
grants $23.5Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Veterans Affairs$21.1M
  • Department of Labor$1.8M
  • Department of Housing and Urban Development$572k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like OPERATION STAND DOWN RHODE ISLAND

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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

12
board members
92%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

RI

Screen this organization

A dated, signed PDF of the compliance screen for OPERATION STAND DOWN RHODE ISLAND: 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.

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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 OPERATION STAND DOWN RHODE ISLAND?
OPERATION STAND DOWN RHODE ISLAND (Rhode Island) receives grants from 34 organizations whose IRS filings report $854,199 to it, the largest being THE RHODE ISLAND COMMUNITY FOUNDATION ($326,450). 16 of them have funded it in more than one year.
How many funders does OPERATION STAND DOWN RHODE ISLAND have?
IRS filings report 34 organizations giving $854,199 in grants to OPERATION STAND DOWN RHODE ISLAND, 16 of which have funded it in more than one year.
Who is the largest funder of OPERATION STAND DOWN RHODE ISLAND?
THE RHODE ISLAND COMMUNITY FOUNDATION is the largest funder on record, with $326,450 in grants. The full list of funders is on this page.
How can an organization like OPERATION STAND DOWN RHODE ISLAND 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 Operation Stand Down Rhode Island →

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 34 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 22, 2026. What this page cannot tell you · view filing