Rhode Island Black Business Association

Community Development · Providence, Rhode Island

3 Regency Plaza Ste 3E, Providence, RI 02903-3161

EIN: 451454867· Founded: Jul 2011· 15 years active· Filing Year: 2023

Annual Revenue

$1.6M

Total Expenses

$1.2M

Total Assets

$2.1M

Program Spending

34%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$169K

14.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$496K

Total Payroll

$664K

57% of total expenses

Where the Money Goes

34%

Programs: 34%

Payroll: 57%

Other overhead: 66%

Program Revenue$395K (25%)

Total Expenses$1.2M (73%)

Payroll$664K (57%)

Overhead (non-program)66%

Trust Score Breakdown

Program Spending Ratio

34% of expenses go to programs

40%

Revenue & Stability

$1.6M annual revenue

15%

Executive Compensation

$169K total officer comp (14.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.1M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.