Rhode Island · Nonprofit
Rhode Island Urban Business Incubator Inc
Rhode Island Urban Business Incubator Inc (Rhode Island) receives grants from 1 organization whose IRS filings report $29,550 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($29,550). 1 of them have funded it in more than one year.
- Revenue FY2025
- $238k
- Funders on record
- 1
- Grants received
- $30k
- Net assets
- $32k
What Rhode Island Urban Business Incubator Inc does
Mission
To provide the general public and small businesses, with less than 50 employees, with business development assistance, through education, training and consultation.
As stated on its FY2025 Form 990.
Programs
Urban Ventures Inc. provided micro-businesses with technical assistance and mentorship. Advocacy, and information to help them start up and or grow.Assists entrepreneurs and microbusinesses in developing their businesses through consultation, training and education, helping them through the different stages: to think deeply about their business ideas, to implement/ launch them, to achieve profitability, and to grow.We have provided technical assistance to 63 ventures, comprised of a diverse group. 73.8% of our clients were Women. (See Schedule O).36.5% of the ventures we have been working with are in the IDEA (Development) stage, 22.2% are in the LAUNCH stage. 11.1% are in the PROFITABILITY stage, where we are working with them on generating increased revenues and attaining & maintaining sustainable profit levels. 30.2% of the ventures we are continuing to assist are now in the GROWTH stage.The demographics of the clients that we have assisted during this period are as follows:51.2% of our clients were Hispanic; 37.5% African; 3.8% African American;3.8% Cape Verdean; 2.5% Caribbean (Not Hispanic); 1.3% Caucasian.61.9% of the businesses were Startups and 38.1% were Existing…
Not described on the e-filed return.
$215,297 spent100% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $215,297.
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 $37k to $111k (+202%).
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: 2025 98%. Grants only. Government contracts and fees sit inside program revenue.
100% of Rhode Island Urban Business Incubator Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 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
Ron Crosson
Executive Director
As listed on its FY2025 Form 990.
Who funds it, year by year
2022 → 2023: the base held at 1 funder, grant income rose $14k → $16k.
From the IRS filings of Rhode Island Urban Business Incubator 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.
Where its funders are
Rhode Island Urban Business Incubator Inc draws 100% of its grant income from funders outside Rhode Island, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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
Rhode Island Urban Business Incubator Inc has grown faster than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like Rhode Island Urban Business Incubator 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
90% of spending goes to programs.
Governance
Public support
100%
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 Rhode Island Urban Business Incubator 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 Rhode Island Urban Business Incubator Inc?
- Rhode Island Urban Business Incubator Inc (Rhode Island) receives grants from 1 organization whose IRS filings report $29,550 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($29,550). 1 of them have funded it in more than one year.
- How many funders does Rhode Island Urban Business Incubator Inc have?
- IRS filings report 1 organization giving $29,550 in grants to Rhode Island Urban Business Incubator Inc, 1 of which have funded it in more than one year.
- Who is the largest funder of Rhode Island Urban Business Incubator Inc?
- LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $29,550 in grants. The full list of funders is on this page.
- How can an organization like Rhode Island Urban Business Incubator 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 Rhode Island Urban Business Incubator →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 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