Overview
What is Skills For Rhode Island's Future?
Skills for Rhode Island's Future is a Providence-based workforce intermediary dedicated to helping unemployed and underemployed Rhode Islanders rejoin the labor market. Through a range of services, this nonprofit organization facilitates job placement and training, offering job coaching, resume building, interview skills, and matching services to job seekers. By acting as an intermediary between employers and job seekers, Skills for Rhode Island's Future ensures a fair and equitable opportunity for employment. Their mission extends beyond individual placements, aiming to unite Rhode Island businesses, workforce development partners, educational institutions, and the state government to create an attractive environment for businesses seeking skilled labor and drive economic growth in the state. The organization's efforts focus on closing the skills gap between current and anticipated business hiring needs and the skills of the available workforce. With a team of 317 employees, they have a significant impact on Rhode Island's workforce and business community.
Official website here: www.skillsforri.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars) from Charity Navigator.
Skills For Rhode Island's Future has earned a solid Three-Star rating, reflecting strong accountability and financial practices. The organization scores exceptionally high in areas such as board independence, financial oversight, and transparency, indicating a well-managed nonprofit committed to maintaining the trust of its stakeholders.
The organization boasts a high program expense ratio of nearly 94%, which suggests that a significant portion of its funding is directed toward its mission-related programs rather than administrative costs. Furthermore, it has a robust governance structure with a majority of independent board members, enhancing its credibility and effectiveness in fulfilling its objectives.
However, the liabilities to assets ratio at 62.90% indicates that the organization has a significant level of liabilities relative to its assets, which could be a point of concern for potential donors. Overall, while the organization demonstrates commendable financial and operational integrity, donors should consider this aspect when evaluating its long-term financial health.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Skills For Rhode Island's Future?
100% of 15 reviewers on Facebook recommend Skills For Rhode Island's Future. Here is a summary of their reviews:
Many individuals express their appreciation for the organization, highlighting its essential role in assisting Rhode Islanders in securing jobs with excellent benefits. The positive sentiment reflects a strong and beneficial impact on the local community, demonstrating that the nonprofit effectively fulfills its mission.
Reviewers are particularly impressed with the organization’s commitment to helping people find meaningful employment, indicating a sense of gratitude for the vital services being provided in the state. Overall, it’s clear that Skills For Rhode Island's Future is making a notable difference in the lives of those they serve.
This AI summary has been generated from reviews found on Facebook.
Is Skills For Rhode Island's Future legitimate?
Skills For Rhode Island's Future is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skills For Rhode Island's Future submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $352,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,304,517
For more financial information, click here
Official website here: www.skillsforri.com
What is the mission statement of Skills For Rhode Island's Future?
Skills For Rhode Island's Future is a corporation dedicated to bridging the skills gap between current workforce capabilities and anticipated business hiring needs. By uniting businesses, workforce development partners, educational institutions, and the state itself around a shared objective, this organization aims to make the location of choice for employers seeking skilled labor to fuel their business expansion. Through collaborative efforts, the corporation works to provide demand-driven solutions that help get unemployed and underemployed individuals back to work, contributing to a thriving business environment.
Official website here: www.skillsforri.com
Who is the CEO of Skills For Rhode Island's Future?
Nina Pande is the Chairperson of Skills For Rhode Island's Future.
Official website here: www.skillsforri.com
What is the revenue of Skills For Rhode Island's Future?
Skills For Rhode Island's Future's revenue in 2022 was $15,744,357.
Official website here: www.skillsforri.com
Who are the executives of Skills For Rhode Island's Future and what are their salaries?
The average compensation at Skills For Rhode Island's Future during 2022 was $17,846. There are 317 employees and 124 volunteers at Skills For Rhode Island's Future.
Here are 19 key members and their salaries:
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- Other: $10,665
Official website here: www.skillsforri.com
Where can I find the form 990 for Skills For Rhode Island's Future?
Skills For Rhode Island's Future's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.skillsforri.com
Learn more at the official website: www.skillsforri.com
Mission Statement of Skills For Rhode Island's Future
Skills For Rhode Island's Future, a prominent nonprofit organization, is on a mission to bridge the gap between Rhode Island employers' hiring needs and the skills of the local workforce. By bringing together businesses, workforce development partners, educational institutions, and the state government, this corporation aims to make Rhode Island an attractive destination for businesses seeking a skilled labor force to fuel their growth.
The heart of Skills For Rhode Island's Future's mission lies in addressing the skills gap that exists between current business hiring requirements and the abilities of the current workforce. The organization strives to create demand-driven solutions that cater specifically to employers' needs, ultimately helping to get Rhode Islanders who are unemployed or underemployed back into the workforce. Through their collaborative efforts, they aim to make Rhode Island a beacon for businesses looking to hire skilled labor, thus contributing to the state's economic growth.
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Impact
October, 2024
Skills For Rhode Island's Future significantly impacts both job seekers and employers in the state by creating demand-driven solutions tailored to the needs of the local economy. By offering job placement and training services, it effectively addresses the challenges of unemployment and underemployment among Rhode Island residents.
Their comprehensive approach includes essential support like job coaching, resume building, and interview skills training, which empower individuals to navigate the job market more successfully. Moreover, by acting as an intermediary between job seekers and employers, they ensure that talented individuals have equitable access to employment opportunities that match their skills.
The organization's mission to unite businesses, workforce development partners, and educational institutions fosters a collaborative environment aimed at closing the skills gap. This alignment not only prepares job seekers for the current labor market but also positions Rhode Island as an attractive destination for businesses seeking skilled labor, ultimately driving business growth across the state.
This information is meant to be a general summary of Skills For Rhode Island's Future. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $219
- Program Service Revenue: $40,077
- Gross Receipts: $15,744,357
Assets and Liabilities:
- Total Assets: $1,910,054
- Total Liabilities: $1,027,988
- Net Assets: $882,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$40,077
Organization Details
Founding Year
2016
Phone
(401) 680-5960Principal Officer
Nina Pande
Main Address
30 EXCHANGE TERRACE 1ST FLOOR, PROVIDENCE, RI, 02903
Website
www.skillsforri.comNTEE Category
Code: J22 - Employment
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