Illinois · Nonprofit
ROCKFORD AREA STRATEGIC INITIATIVES
ROCKFORD AREA STRATEGIC INITIATIVES (Illinois) receives grants from 3 organizations whose IRS filings report $380,850 to it, the largest being WOODWARD GOVERNOR CHARITABLE TRUST ($250,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $147k
- Funders on record
- 3
- Grants received
- $381k
- Net assets
- $22k
What Rockford Area Strategic Initiatives does
Mission
The primary role of the rockford area strategic initiative is to enhance education, commerce, trade and economic development in the rockford region
As stated on its FY2025 Form 990-EZ.
Programs
Workforce and education support: rasi provides funding to initiatives that strengthen the region's workforce pipeline and educational access.
$147,390 spentof which $146,582 as grants100% of program spendingEconomic development investment: rasi supports strategic economic development efforts that enhance business growth and competitiveness in the rockford region.
Community partnerships and strategic initiatives: rasi invests in partnerships that enhance quality of life and strengthen the community's economic vitality.
The 3 programs described on its FY2025 Form 990-EZ. Program spending in total: $147,390.
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 2023 to 2024, from $23k to $135k (+481%).
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: 2024 58%. Grants only. Government contracts and fees sit inside program revenue.
100% of ROCKFORD AREA STRATEGIC INITIATIVES’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. 7 of the last 7 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.
Board chair
Kaleb Price
Chair
As listed on its FY2025 Form 990-EZ.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income fell $25k → $15k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% 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 ROCKFORD AREA STRATEGIC INITIATIVES’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
ROCKFORD AREA STRATEGIC INITIATIVES leans on a few funders — its largest provides 66% 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
28% 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 ROCKFORD AREA STRATEGIC INITIATIVES.
Largest funder’s share by year: 2017 100% · 2019 100% · 2020 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
91% of ROCKFORD AREA STRATEGIC INITIATIVES's grant income comes from Illinois funders.
Funder states come from each funder’s own filing. $106k 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.
Against its field
ROCKFORD AREA STRATEGIC INITIATIVES has grown faster than three-quarters of the 7,668 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,668 community improvement nonprofits $100k–$1M, FY2025
Organizations like ROCKFORD AREA STRATEGIC INITIATIVES
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ROCKFORD AREA STRATEGIC INITIATIVES: 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 ROCKFORD AREA STRATEGIC INITIATIVES?
- ROCKFORD AREA STRATEGIC INITIATIVES (Illinois) receives grants from 3 organizations whose IRS filings report $380,850 to it, the largest being WOODWARD GOVERNOR CHARITABLE TRUST ($250,000). 1 of them have funded it in more than one year.
- How many funders does ROCKFORD AREA STRATEGIC INITIATIVES have?
- IRS filings report 3 organizations giving $380,850 in grants to ROCKFORD AREA STRATEGIC INITIATIVES, 1 of which have funded it in more than one year.
- Who is the largest funder of ROCKFORD AREA STRATEGIC INITIATIVES?
- WOODWARD GOVERNOR CHARITABLE TRUST is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
- How can an organization like ROCKFORD AREA STRATEGIC INITIATIVES find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
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 3 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