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Rhode Island · Nonprofit

RED SKYE FOUNDATION INC

RED SKYE FOUNDATION INC (Rhode Island) receives grants from 2 organizations whose IRS filings report $5,317 to it, the largest being LINDA I SMITH FOUNDATION ($5,000). 1 of them have funded it in more than one year.

Revenue FY2018
$136k
Funders on record
2
Grants received
$5k
Net assets
$15k
1/2 repeat funderspeak grant-dependency 2%
01What it does

What Red Skye Foundation Inc does

Mission

The mission of the organization is to: 1.improve the lives of people with psychological and emotional disorders through the use of equine assisted psychotherapy regardless of ability to pay.2.increase the knowledge of the scientific and lay communities about the benefits of equine assisted psychotherapy through research and educational programs.3.serve as a regional clearinghouse for information about psychological and support services related to equine assisted psychotherapy.

As stated on its FY2018 Form 990-EZ.

Program

Conducted equine assisted growth and learning psychotherapy sessions, team building programs, and horseback riding programs.

The first program described on its most recent Form 990-EZ.

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 ($222k) Expenses 100 ($235k) Net assets -25 ($-3685)2018 Revenue 61 ($136k) Expenses 50 ($117k) Net assets 100 ($15k)
20172018
Revenue (61)Expenses (50)Net assets (100)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 2017 to 2018, from $14k to $15k (+9%).

$14k
$15k
20172018
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
ContributionsProgram revenueInvestmentOther

50% of RED SKYE FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).

This organization
Typical peer · 14,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 2 reported years ran a deficit.

−$13k
’17
$19k
’18
0.1
months of
reserve
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $5k → $29.

Funder
'17
'20
'21
'22
'23
total
funders
1
1
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 RED SKYE FOUNDATION INC’s funders (the co-funder graph). 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

RED SKYE FOUNDATION INC leans on a few funders — its largest provides 94% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“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.

Where its funders are

RED SKYE FOUNDATION INC draws 100% of its grant income from funders outside Rhode Island, across 1 state in all.

CA

Funder states come from each funder’s own filing. $317 arriving through sponsors registered in 1 state 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

RED SKYE FOUNDATION INC runs a healthier operating margin than half of the 8,974 health nonprofits its size.

Operating margin14% · above the median
Revenue growth (annualized)−39% · bottom quartile

this organization peer median middle 50% of peers· 8,974 health nonprofits $100k–$1M, FY2018

Organizations like RED SKYE FOUNDATION 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

05Profile & governance

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

Public support

44%

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

Footprint & structure

Files a return copy in 1 state

CT

Screen this organization

A dated, signed PDF of the compliance screen for RED SKYE FOUNDATION 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 RED SKYE FOUNDATION INC?
RED SKYE FOUNDATION INC (Rhode Island) receives grants from 2 organizations whose IRS filings report $5,317 to it, the largest being LINDA I SMITH FOUNDATION ($5,000). 1 of them have funded it in more than one year.
How many funders does RED SKYE FOUNDATION INC have?
IRS filings report 2 organizations giving $5,317 in grants to RED SKYE FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of RED SKYE FOUNDATION INC?
LINDA I SMITH FOUNDATION is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
How can an organization like RED SKYE FOUNDATION 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 Red Skye →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2018 (financials across 2017–2018), and the filings of 2 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