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Rhode Island · Nonprofit

SKILLS FOR RHODE ISLAND'S FUTURE

SKILLS FOR RHODE ISLAND'S FUTURE (Rhode Island) receives grants from 11 organizations whose IRS filings report $2,320,093 to it, the largest being MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION ($1,500,000). 6 of them have funded it in more than one year.

Revenue FY2025
$12M
Funders on record
11
Grants received
$2.3M
Net assets
$571k
6/11 repeat funderspeak grant-dependency 17%
01What it does

What Skills for Rhode Island's Future does

Mission

Skills for Rhode Island's Future mission is dedicated to transform lives through meaningful employment and economic mobility. As a trusted community-based intermediary, we empower individuals by delivering demand-driven workforce, education, and small business strategies that foster upward mobility. Through strong partnerships with employers, business owners, job seekers, and community stakeholders, we develop inclusive economic strategies that dismantle barriers to education, employment, and business success. Our commitment ensures that all rhode islandersespecially those from underserved and underrepresented communitieshave equitable access to opportunities that drive long-term economic prosperity.

As stated on its FY2025 Form 990.

Programs

  1. Skills for Rhode Island's Future is a workforce intermediary that offers job placement and job training services to ri job seekers who are unemployed or underemployed as per the definition of the united states department of labor. As part of our job placement and training services, Skills for Rhode Island's Future provides job coaching, resume building, interview skills and job placement matching services. Skills for Rhode Island's Future also acts as an intermediary between job seekers and employers to ensure that job seekers are provided a fair and equitable opportunity to gain employment.

    $4,491,062 spent$45,631 earned by the program
    42% of program spending
  2. Prepare ri internship program is a workbased-learning internship program designed to provide high school students with real world experience during the school year and out of school time (I.e., summer vacation).

    $2,658,944 spent
    25% of program spending
  3. Ri small business hub: the small business resource hub, established and operated by Skills for Rhode Island's Future (skillsri), is a one-stop resource for rhode island small businesses to access a range of shared services across legal, human resources, finance, bookkeeping, marketing, fundraising, strategic planning and more. With the goal of empowering ri small businesses, particularly disadvantaged, women and minority-owned businesses, to stabilize, strengthen and thrive, the small business resource hub also offers professional development workshops, networking opportunities and 1:1 business counseling at no cost to the business. Through the small business resource hub, skillsri hopes to strengthen the small business landscape in rhode island and foster the creation of more economically vibrant communities across the state.

    $3,536,430 spent
    33% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $10,686,436.

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 ($1.0M) Expenses 100 ($957k) Net assets 100 ($64k)2018 Revenue 166 ($1.7M) Expenses 168 ($1.6M) Net assets 237 ($150k)2019 Revenue 343 ($3.5M) Expenses 303 ($2.9M) Net assets 1182 ($751k)2020 Revenue 584 ($6.0M) Expenses 615 ($5.9M) Net assets 1308 ($831k)2021 Revenue 1094 ($11M) Expenses 1165 ($11M) Net assets 1346 ($855k)2022 Revenue 1542 ($16M) Expenses 1642 ($16M) Net assets 1388 ($882k)2023 Revenue 899 ($9.2M) Expenses 956 ($9.2M) Net assets 1433 ($910k)2024 Revenue 2145 ($22M) Expenses 2293 ($22M) Net assets 1309 ($832k)2025 Revenue 1137 ($12M) Expenses 1240 ($12M) Net assets 899 ($571k)
'17'18'19'20'21'22'23'24'25
Revenue (1137)Expenses (1240)Net assets (899)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 2023 to 2024, from $2.5M to $6.8M (+178%).

$93k
$203k
$988k
$2.2M
$3.6M
$1.9M
$2.5M
$6.8M
$4.5M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 99% · 2018 94% · 2019 96% · 2020 94% · 2021 93% · 2022 93% · 2023 95% · 2024 98% · 2025 99%. Grants only. Government contracts and fees sit inside program revenue.

101% of SKILLS FOR RHODE ISLAND'S FUTURE’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).

This organization
Typical peer · 458 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$64k
’17
$87k
’18
$601k
’19
$80k
’20
$24k
’21
$27k
’22
$28k
’23
−$52k
’24
−$261k
’25
2.0
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

Nina Pande

Executive director

Board chair

Stephanie Federico

Chairperson

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed171721212319202421
Joined·+0+4+9+3+1+7+8+1
No longer listed·00915644
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $10k → $121k.

2 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% 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 SKILLS FOR RHODE ISLAND'S FUTURE’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

SKILLS FOR RHODE ISLAND'S FUTURE leans on a few funders — its largest provides 65% of grant income and the top three 83%; half comes from just 1 funder.

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

77% 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 SKILLS FOR RHODE ISLAND'S FUTURE.

65%
largest funder
83%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 82% · 2020 71% · 2021 76% · 2022 58% · 2023 58% — 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

60% of SKILLS FOR RHODE ISLAND'S FUTURE's funders are still giving 2 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y

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

SKILLS FOR RHODE ISLAND'S FUTURE draws 88% of its grant income from funders outside Rhode Island, across 5 states in all.

MA
OH
PA
RI
NC

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

’17
’18
’19
’20
’21
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. $218k arriving through sponsors registered in 2 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

SKILLS FOR RHODE ISLAND'S FUTURE has grown faster than three-quarters of the 290 employment nonprofits its size.

Operating margin−2% · bottom quartile
Months of reserve2.0mo · below the median
Revenue growth (annualized)36% · top quartile

this organization peer median middle 50% of peers· 290 employment nonprofits $10M–$100M, FY2025

Government funding SKILLS FOR RHODE ISLAND'S FUTURE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.9M on record.

Federal$13.9M
grants $13.9Mcontracts $0
22
23
Top agencies
  • Department of Commerce$7.0M
  • Department of Labor$5.0M
  • Small Business Administration$2.0M

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 SKILLS FOR RHODE ISLAND'S FUTURE

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

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

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 SKILLS FOR RHODE ISLAND'S FUTURE: 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 SKILLS FOR RHODE ISLAND'S FUTURE?
SKILLS FOR RHODE ISLAND'S FUTURE (Rhode Island) receives grants from 11 organizations whose IRS filings report $2,320,093 to it, the largest being MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION ($1,500,000). 6 of them have funded it in more than one year.
How many funders does SKILLS FOR RHODE ISLAND'S FUTURE have?
IRS filings report 11 organizations giving $2,320,093 in grants to SKILLS FOR RHODE ISLAND'S FUTURE, 6 of which have funded it in more than one year.
Who is the largest funder of SKILLS FOR RHODE ISLAND'S FUTURE?
MASSACHUSETTS HIGHER EDUCATION ASSISTANCE CORPORATION is the largest funder on record, with $1,500,000 in grants. The full list of funders is on this page.
How can an organization like SKILLS FOR RHODE ISLAND'S FUTURE 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.

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 11 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