Rhode Island Black Business Association
Public records raise at least one point you should look into before giving.
What it says it does
THE RHODE ISLAND BLACK BUSINESS ASSOCIATION (RIBBA) IS A 501(C)(6) NONPROFIT ORGANIZATION COMMITTED TO CLOSING THE RACIAL WEALTH GAP AND ADVANCING ECONOMIC EQUITY ACROSS RHODE ISLAND. RIBBA OFFERS A COMPREHENSIVE MENU OF PROGRAMS AND SERVICES DESIGNED TO MEET ENTREPRENEURS, SMALL BUSINESSES, AND INDIVIDUALS WHERE THEY ARE. ADDITIONALLY, RIBBA TAILORS ITS PROGRAMMING TO BE CULTURALLY RESPONSIVE. THESE PROGRAMS ARE COMPLEMENTED BY ADDITIONAL SERVICES SUCH AS MARKETING, WEBSITE DEVELOPMENT, FINANCIAL LITERACY AND WORKFORCE TRAINING. RIBBA SUPPORTS THE GROWTH AND SUSTAINABILITY OF SMALL BUSINESSES THROUGH ACCESS TO CAPITAL, TECHNICAL ASSISTANCE, WORKFORCE DEVELOPMENT, LEADERSHIP PROGRAMS, AND ADVOCACY
- Income
- $1.9 million
- Spending
- $1.4 million
- Employees
- 17
- Highest pay
- $144,058, president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $664,300 spent. "PATHWAYS TO CONTRACTING" - HELPING SMALL FIRMS BUILD CAPACITY THROUGH TECHNICAL ASSISTANCE, BUSINESS MENTORSHIP, AND GROWTH PROGRAMMING TO SECURE GOVERNMENT AND CORPORATE CONTRACTS.
- $325,602 spent. "EMERGING LEADERS DEVELOPMENT PROGRAM" - A 7-MONTH LEADERSHIP DEVELOPMENT INITIATIVE IN PARTNERSHIP WITH THE UNIVERSITY OF RHODE ISLAND TO PREPARE PROFESSIONALS FOR LEADERSHIP ROLES AND CAREER ADVANCEMENT
- $91,570 spent. "FINANCIAL EDUCATION/LENDER MATCH PROGRAM" - CONNECTING SMALL BUSINESSES WITH FINANCIAL INSTITUTIONS TO INCREASE ACCESS TO CAPITAL.
- $176,106 spent. "YOUTH ENTREPRENEURSHIP & WORKFORCE READINESS INITIATIVES" - EQUIPPING YOUNG RHODE ISLANDERS WITH SKILLS AND OPPORTUNITIES TO SUCCEED IN THE WORKFORCE.
- "YOUTH ENTREPRENEURSHIP & WORKFORCE READINESS INITIATIVES" - EQUIPPING YOUNG RHODE ISLANDERS WITH SKILLS AND OPPORTUNITIES TO SUCCEED IN THE WORKFORCE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2011.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.