PROVIDENCE, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FAMILY SERVICE OF RHODE ISLAND INC, founded in 1892, is a mid-sized nonprofit in the Human Services sector that reported $28.7M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.
FAMILY SERVICE OF RHODE ISLAND'S (FSRI) MISSION IS TO ADVANCE EQUITY, OPPORTUNITY, AND HOPE IN OUR COMMUNITIES. WE BELIEVE ALL CHILDREN AND FAMILIES HAVE LIMITLESS POTENTIAL. BUT FOR THOSE GROWING UP SURROUNDED BY POVERTY, FAMILY INSTABILITY, AND PHYSICAL OR EMOTIONAL STRESS, LIFE IS TOO OFTEN ABOUT SURVIVAL, NOT POSSIBILITY. FSRI HAS BEEN A PILLAR OF SUPPORT IN THE COMMUNITY SINCE 1892. PROVIDING SERVICES IN 39 CITIES AND TOWNS THROUGHOUT RHODE ISLAND, OUR PROGRAMS HAVE GROWN TO MEET THE CHANGING NEEDS OF OUR COMMUNITY AND ADDRESS THE GAPS IN SERVICES THAT EMERGE.
THE HOME DIVISION (HOME) FOSTERS SAFE AND LOVING HOMES. THIS DIVISION ENCOMPASSES THE MAJORITY OF THE CHILD WELFARE PROGRAMMING UNDER CONTRACT WITH THE RHODE ISLAND DEPARTMENT OF CHILDREN, YOUTH AND...
THE HOME DIVISION (HOME) FOSTERS SAFE AND LOVING HOMES. THIS DIVISION ENCOMPASSES THE MAJORITY OF THE CHILD WELFARE PROGRAMMING UNDER CONTRACT WITH THE RHODE ISLAND DEPARTMENT OF CHILDREN, YOUTH AND FAMILIES. THIS CONSISTS OF RESIDENTIAL PROGRAMMING FOR YOUTH AND YOUNG ADULTS AGES 13-21, FOSTER CARE AND KINSHIP SUPPORT PROGRAMS, AND FAMILY COACHING AND VISITATION SERVICES. IN ADDITION, HOME INCLUDES PREVENTION PROGRAMMING ESTABLISHED TO HELP FAMILIES OVERCOME BARRIERS TO ACCESS SERVICES AND INCREASE THEIR OVERALL WELL-BEING THROUGH PROGRAMS LIKE FAMILY CARE COMMUNITY PARTNERSHIP (FCCP) AND SAFECARE, AN EVIDENCE-BASED IN-HOME PARENT TRAINING PROGRAM FOR PARENTS/CARETAKERS OF CHILDREN WITH RISK FACTORS FOR AND/OR A HISTORY OF CHILD NEGLECT AND ABUSE.
THE HEALTH DIVISION (HEALTH) IMPROVES HEALTH AND WELL-BEING THROUGHOUT THE LIFESPAN. THE DIVISION INCLUDES FSRI'S EARLY CHILDHOOD PROGRAMMING, SUCH AS FIRST CONNECTIONS, A SHORT-TERM HOME VISITING...
THE HEALTH DIVISION (HEALTH) IMPROVES HEALTH AND WELL-BEING THROUGHOUT THE LIFESPAN. THE DIVISION INCLUDES FSRI'S EARLY CHILDHOOD PROGRAMMING, SUCH AS FIRST CONNECTIONS, A SHORT-TERM HOME VISITING PROGRAM FOR PREGNANT WOMEN, NEW PARENTS, AND NEWBORNS, AS WELL AS LONGER-TERM HOME VISITING PROGRAMS, SUCH AS EARLY INTERVENTION AND HEALTHY FAMILIES AMERICA. FSRI'S AIDS PROJECT RHODE ISLAND (APRI) PROGRAM IS ALSO PART OF HEALTH, PROVIDING COMPASSIONATE, NON-JUDGMENTAL, AND COLLABORATIVE RESPONSE TO THE NEEDS OF PEOPLE LIVING WITH, AFFECTED BY, AND AT RISK FOR HIV. ALL HOUSING AND WORKFORCE DEVELOPMENT SERVICES ARE A PART OF HEALTH, AS WELL AS THE SOUTH PROVIDENCE HEALTH EQUITY ZONE (HEZ) PROGRAM, A COMMUNITY LED COLLABORATIVE THAT WORKS TO BUILD A HEALTHIER AND MORE RESILIENT NEIGHBORHOOD IN THE 02905 ZIP CODE OF PROVIDENCE.
THE HEALING DIVISION (HEALING) DELIVERS TRAUMA-INFORMED BEHAVIORAL HEALTH RESPONSE AND RECOVERY. THIS INCLUDES COMPREHENSIVE BEHAVIORAL HEALTH AND SUBSTANCE USE SERVICES THROUGH FSRI'S CERTIFIED...
THE HEALING DIVISION (HEALING) DELIVERS TRAUMA-INFORMED BEHAVIORAL HEALTH RESPONSE AND RECOVERY. THIS INCLUDES COMPREHENSIVE BEHAVIORAL HEALTH AND SUBSTANCE USE SERVICES THROUGH FSRI'S CERTIFIED COMMUNITY BEHAVIORAL HEALTH CLINIC (CCBHC), WHICH ENCOMPASSES 24/7/365 MOBILE RESPONSE AND STABILIZATION SERVICES TO RESPOND TO BEHAVIORAL HEALTH CRISES IN THE COMMUNITY AND PSYCHIATRY. HEALING ALSO INCLUDES COMMUNITY-BASED TRAUMA THERAPY SERVICES AND PARENT CHILD INTERACTION THERAPY (PCIT), AN EVIDENCE-BASED PROGRAM DESIGNED TO IMPROVE PARENT-CHILD RELATIONSHIPS AND ADDRESS BEHAVIORAL AND EMOTIONAL ISSUES FOR CHILDREN 2-6.5 YEARS OF AGE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $28,704,443 | $24,323,074 | +0.2% |
| Expenses | $29,147,828 | $23,051,417 | +0.3% |
| Net Income | $-443,385 | $1,271,657 | -1.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SIMMONS JOHN | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| VINCENT ROBERT | VICE CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WADDINGTON ROBERT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| FARRELL MARGARET | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| FARMER III MALCOLM | CHAIRPERSON EMERITUS | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARTIN GLEN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| SMITH WILLIAM | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PAIVA WEED M TERESA | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ESSERMAN DEAN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BAILEY SYBIL | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CLEMENTS JR HUGH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DE LOS SANTOS DORIS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DIOSSA JAMES | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DWIGHT DANIEL | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ERSTLING SUSAN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KINNEY JAMES | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| READ DACIA | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| IANNAZZI STEPHEN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MANCINI KURT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ORTIZ ROSANNA | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| GLAZIER DR WAYNE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MCCLEARY MACKY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BROWNE GBATOH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| OMISORE JAMIE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CRISAFULLI MARC | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ROGERS KELLY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| HOLLAND MCDUFF MARGARET | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$410,377 | $30,643 | $441,020 |
| DURAND SUZETTE | CFO (AS OF 5/2023) | 40.00 |
Officer
|
$130,099 | $21,469 | $151,568 |
| PELLETIER PHYLLIS | CFO (UNTIL 5/2023) | 40.00 |
Officer
|
$159,658 | $33,837 | $193,495 |
| CERMIK OMER | PSYCHIATRIST | 40.00 |
Highest
|
$164,851 | $13,930 | $178,781 |
| MANZO GINGER | MEDICAL DIRECTOR | 40.00 |
Highest
|
$296,264 | $50,169 | $346,433 |
| WEINER BENJAMIN | VICE PRESIDENT | 40.00 |
Highest
|
$175,426 | $9,811 | $185,237 |
| MEIZOSO JAMES | VICE PRESIDENT HR | 40.00 |
Highest
|
$143,342 | $29,956 | $173,298 |
| KELLY-PALMER SARAH | VICE PRESIDENT | 40.00 |
Highest
|
$147,299 | $34,134 | $181,433 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $28,704,443 | $29,147,828 | $18,757,364 | $-443,385 |
| 2023 | $24,323,074 | $23,051,417 | $17,778,407 | $1,271,657 |
| 2022 | $20,721,206 | $19,710,394 | $15,094,731 | $1,010,812 |
| 2021 | $23,062,284 | $19,149,570 | $14,998,345 | $3,912,714 |
| 2020 | $21,720,613 | $20,924,017 | $13,990,297 | $796,596 |
| 2019 | $21,299,170 | $20,591,272 | $9,811,116 | $707,898 |
Compare FAMILY SERVICE OF RHODE ISLAND INC with other nonprofits in Rhode Island and across the country.