Skip to the page content
Your donations
Passes our checks

Skills for Rhode Islands Future

EIN 81-2807502 · Providence, RI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak29 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$11.6 million
Spending
$11.9 million
Spent on programs
90%
Reserves
0.4 months of spending
Largest source of income
government grants, 99%
Employees
500
Volunteers
217
Highest pay
$238,596, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 29 out of 100. Higher than 1% of charities in its peer group (employment, $10m to $100m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.4 months of spending.

  • Debt

    2 of 20

    It owes 87% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 2% of income.

  • Income trend

    0 of 15

    Income fell 47% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 42% of charities in its peer group (employment, $10m to $100m).

  • Independent board

    25 of 25

    12 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. 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 (3)
  1. $4.5 million spent. 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.
  2. $2.7 million spent. 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).
  3. $3.5 million spent. 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.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. 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 November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 November 4, 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.