Womens Fund Of Rhode Island
- Assets
- $1.2m
- Revenue
- $518.4k
- Investments
- $0.0
- Employees
- 10
- Location
- Providence, RI
- Founding
- 07/2005
- Data as of
- 12/2023
- EIN
- 06-1741539
Organization Overview
Womens Fund Of Rhode Island is located in Providence, RI. The organization was established in 2005. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Womens Fund Of Rhode Island employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Womens Fund Of Rhode Island is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Womens Fund Of Rhode Island generated $518.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $483.7k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Womens Fund Of Rhode Island has awarded 43 individual grants totaling $384,878. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INVESTS IN WOMEN AND GIRLS THROUGH RESEARCH, ADVOCACY, GRANT MAKING AND STRATEGIC PARTNERSHIPS DESIGNED TO ACHIEVE GENDER EQUITY THROUGH SYSTEMIC CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
759 INDIVIDUALS WERE TRAINED IN ADVOCACY, GENDER EQUITABLE WORKPLACES, GENDER LENS GIVING STRATEGIES, AND SALARY NEGOTIATION SKILLS $63,565 WAS GIVEN TO SEVEN LOCAL NONPROFITS FOR THEIR WORK IN REPRODUCTIVE FREEDOM, WOMEN'S ECONOMIC SECURITY, AND CIVIC ENGAGEMENT ADVOCATED FOR 31 BILLS AND PASSED THE EQUALITY IN ABORTION COVERAGE ACT, CODIFIED AFFORDABLE CARE ACT PROVISIONS FOR NO CO-PAY BIRTH CONTROL OR BANS ON PRE-EXISTING CONDITIONS, PHARMACISTS PRESCRIBING BIRTH CONTROL AND PROTECTED FUNDING FOR PRE-K CLASSROOMS. PRODUCED POLICY BRIEFS ON WOMEN'S HEALTH, EDUCATION, ECONOMIC SECURITY, HOUSING, POLITICAL EMPOWERMENT, AND ACCESS TO ABORTION CARE IN RI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Wiley President | OfficerTrustee | 2 | $0 |
Claire Carrabba Treasurer | OfficerTrustee | 1 | $0 |
Christina Castle Member | Trustee | 0.25 | $0 |
Emily Sack Committee Chair | Trustee | 0.75 | $0 |
Sandra Victorino Member | Trustee | 0.25 | $0 |
Adam Ramos Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,492 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $482,557 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,049 |
| Total Program Service Revenue | $0 |
| Investment income | $3,937 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,401 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $518,387 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $63,765 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,671 |
| Compensation of current officers, directors, key employees. | $38,269 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $187,850 |
| Pension plan accruals and contributions | $10,654 |
| Other employee benefits | $24,428 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,074 |
| Fees for services: Accounting | $4,234 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,977 |
| Advertising and promotion | $1,459 |
| Office expenses | $2,084 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,225 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $7,159 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,832 |
| All other expenses | $15,662 |
| Total functional expenses | $483,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $689,049 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,219 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $501,899 |
| Total assets | $1,196,167 |
| Accounts payable and accrued expenses | $828 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $828 |
| Net assets without donor restrictions | $1,195,339 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,196,167 |
Grants Awarded
Over the last fiscal year, Womens Fund Of Rhode Island has awarded $63,765 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
RHODE ISLAND FOR COMMUNITY & JUSTICE PURPOSE: Young Women's Equity Coalition | $8,765 |
WORKING FAMILIES ORGANIZATION PURPOSE: Advancement of working class and low income families through education | $10,000 |
URBAN PERINATAL EDUCATION CENTER PURPOSE: Pregnancy Care Center | $10,000 |
RHODE ISLAND ECONOMIC PROGRESS PURPOSE: Go-to source for expert information on budget and policy issues | $10,000 |
RI COALITION TO END HOMELESSNESS PURPOSE: To Create and advance solutions to end homelessness | $7,500 |
RHODE ISLAND BLACK BUSINESS ASSOCIATION PURPOSE: Workforce development program of black owned businesses | $10,000 |