Skip to content

Rhode Island · Nonprofit

WOONASQUATUCKET VALLEY COMMUNITY BUILD INC

WOONASQUATUCKET VALLEY COMMUNITY BUILD INC (Rhode Island) receives grants from 17 organizations whose IRS filings report $1,772,415 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($795,975). 11 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.2M
Funders on record
17
Grants received
$1.8M
Net assets
$3.2M
11/17 repeat funderspeak grant-dependency 25%
01What it does

What Woonasquatucket Valley Community Build Inc does

Mission

The steel yard's historic campus is a platform for professional artists, makers and the community to practice and learn the industrial arts. The organization fosters creative and economic opportunities, by providing workspace, tools, training and education, while forging lasting links to a local tradition of craftsmanship.

As stated on its FY2024 Form 990.

Program

  1. The steel yard is an award-winning a community-based industrial arts center, a manufacturer of custom and functional public-art, a craft school and shared studio, and a unique outdoor venue. The yard's 3.8 acre campus, located in providence's industrial valley, is a cultural asset that serves as a sponsor and catalyst for innovative approaches to urban revitalization, arts promotion, workforce development, and community growth. The organization is committed to providing excellent educational and professional programs in the industrial arts so that everyone can access the knowledge, skills and equipment needed to improve their community. Shared workspaces have equipment for welding, blacksmithing, jewelry, ceramics and the foundry arts, and open spaces are used as a neighborhood gathering place, for community events and cultural programming.

    $981,595 spent$429,117 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $981,595.

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 ($1.7M) Expenses 100 ($1.0M) Net assets 100 ($2.2M)2018 Revenue 104 ($1.7M) Expenses 111 ($1.1M) Net assets 126 ($2.8M)2019 Revenue 115 ($1.9M) Expenses 110 ($1.1M) Net assets 162 ($3.6M)2020 Revenue 90 ($1.5M) Expenses 119 ($1.2M) Net assets 176 ($3.9M)2021 Revenue 77 ($1.3M) Expenses 140 ($1.4M) Net assets 170 ($3.8M)2022 Revenue 84 ($1.4M) Expenses 141 ($1.4M) Net assets 166 ($3.7M)2023 Revenue 77 ($1.3M) Expenses 152 ($1.5M) Net assets 156 ($3.5M)2024 Revenue 72 ($1.2M) Expenses 151 ($1.5M) Net assets 142 ($3.2M)
'17'18'19'20'21'22'23'24
Revenue (72)Expenses (151)Net assets (142)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 2018 to 2019, from $3.3M to $4.2M (+30%).

$2.8M
$3.3M
$4.2M
$4.5M
$4.4M
$4.5M
$4.3M
$4.0M
'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 5% · 2018 0% · 2019 29% · 2020 41% · 2021 22% · 2022 12% · 2023 21% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

56% of WOONASQUATUCKET VALLEY COMMUNITY BUILD INC’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).

This organization
Typical peer · 4,444 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$647k
’17
$603k
’18
$785k
’19
$293k
’20
−$132k
’21
−$35k
’22
−$255k
’23
−$330k
’24
0.6
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.

Board chair

Jay Coogan

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1210101110101112
Joined·+0+4+3+1+3+3+7
No longer listed·2422326
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 6 funders, grant income rose $55k → $266k.

4 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 67% 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 WOONASQUATUCKET VALLEY COMMUNITY BUILD 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

WOONASQUATUCKET VALLEY COMMUNITY BUILD INC leans on a few funders — its largest provides 45% of grant income and the top three 73%; half comes from just 2 funders.

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

76% 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 WOONASQUATUCKET VALLEY COMMUNITY BUILD INC.

45%
largest funder
73%
top three
~4
effective funders

Largest funder’s share by year: 2017 73% · 2018 100% · 2019 75% · 2020 28% · 2021 49% · 2022 48% · 2023 39% — 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

44% of WOONASQUATUCKET VALLEY COMMUNITY BUILD INC's funders are still giving 3 years after their first grant; 65% 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

67% of WOONASQUATUCKET VALLEY COMMUNITY BUILD INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $577k that is directly attributable, 80% of it comes from funders outside Rhode Island, across 8 states.

WA
NY
MA
OH
CT
RI
MD
FL

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. $1.2M arriving through sponsors registered in 3 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

WOONASQUATUCKET VALLEY COMMUNITY BUILD INC's revenue fell 28% between 2017 and 2024.

Operating margin−28% · bottom quartile
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024

Government funding WOONASQUATUCKET VALLEY COMMUNITY BUILD INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $310k on record.

Federal$310k
grants $310kcontracts $0
23
25
Top agencies
  • Department of Labor$300k
  • National Endowment for the Arts$10k

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 WOONASQUATUCKET VALLEY COMMUNITY BUILD 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.

Where the money goes

65% of spending goes to programs.

Program 65%Management 20%Fundraising 16%

Governance

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

Public support

80%

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 WOONASQUATUCKET VALLEY COMMUNITY BUILD 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 WOONASQUATUCKET VALLEY COMMUNITY BUILD INC?
WOONASQUATUCKET VALLEY COMMUNITY BUILD INC (Rhode Island) receives grants from 17 organizations whose IRS filings report $1,772,415 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($795,975). 11 of them have funded it in more than one year, and 67% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does WOONASQUATUCKET VALLEY COMMUNITY BUILD INC have?
IRS filings report 17 organizations giving $1,772,415 in grants to WOONASQUATUCKET VALLEY COMMUNITY BUILD INC, 11 of which have funded it in more than one year.
Who is the largest funder of WOONASQUATUCKET VALLEY COMMUNITY BUILD INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $795,975 in grants. The full list of funders is on this page.
How can an organization like WOONASQUATUCKET VALLEY COMMUNITY BUILD 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 Woonasquatucket Valley Community Build →

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 17 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