CRANSTON, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RHODE ISLAND MANUFACTURING INSTITUTE DB, founded in 2014, is a small nonprofit in the Education sector that reported $652K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $609K left a modest 7% surplus.
TO PROVIDE BUSINESS AND EDUCATIONAL SERVICES TO BUSINESS ENTITIES AND INDIVIDUALS.
PROVIDES MANUFACTURING BUSINESSES WITH EDUCATIONAL RESOURCES FOR THEIR EMPLOYEES AT THE LOWEST POSSIBLE COST. RESOURCES PROVIDED INCLUDED: JOB PLACEMENT; TRAINING; SKILL CERTIFICATIONS; AND...
PROVIDES MANUFACTURING BUSINESSES WITH EDUCATIONAL RESOURCES FOR THEIR EMPLOYEES AT THE LOWEST POSSIBLE COST. RESOURCES PROVIDED INCLUDED: JOB PLACEMENT; TRAINING; SKILL CERTIFICATIONS; AND CUSTOMIZED CURRICULUM DEVELOPMENT.THE WE MAKE RI MANUFACTURING ACCELERATOR PROGRAM IS GEARED TOWARDS SMALL PRODUCT DEVELOPERS WHO ARE LOOKING TO TAKE THEIR IDEA TO THE NEXT LEVEL AND BECOME FULL-TIME ENTREPRENEURS. ACCELERATOR PARTNERS ARE PAIRED WITH MENTORS FROM THE RHODE ISLAND MANUFACTURERS ASSOCIATION, RI SOCIETY OF CPA'S, THE BUSINESS DEVELOPMENT COMPANY, AND WE MAKE RI. MENTORS GUIDE THE ACCELERATOR PARTNERS THROUGH THE STEPS AND REQUIREMENTS TO GROW THEIR BUSINESS WITH THE GOAL OF BEING FULLY SELF-EMPLOYED WITHIN 36 MONTHS WITH ANOTHER FULL-TIME EMPLOYEE. MANUFACTURERS IN THE ACCELERATOR PROGRAM ALSO GET PREMIER ACCESS TO WE MAKE RI'S MANUFACTURING SERVICES LIKE ASSEMBLY, WAREHOUSING, SHIPPING, AND PACKING FOR A REDUCED FEE. SPONSORED BY THE RI DEPARTMENT OF COMMERCE.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $652,271 | $882,669 | -0.3% |
| Expenses | $608,657 | $855,463 | -0.3% |
| Net Income | $43,614 | $27,206 | +0.6% |
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 |
|---|---|---|---|---|---|---|
| DAVID CHENEVERT | DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREW PRESCOTT | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| DYLAN ZELAZO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY MANGIARELLI | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN BURCH | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN CAITO III | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL E CHENEVERT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLY MARS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAREN PAOLUCCI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA JACKSON | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$87,480 | $0 | $87,480 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $652,271 | $608,657 | $599,696 | $43,614 |
| 2024 | $882,669 | $855,463 | $641,530 | $27,206 |
| 2023 | $1,013,281 | $904,150 | $689,500 | $109,131 |
| 2022 | $1,092,808 | $878,890 | $414,139 | $213,918 |
| 2021 | $840,993 | $767,889 | $254,199 | $73,104 |
| 2020 | $573,339 | $659,955 | $190,240 | $-86,616 |
| 2019 | $693,524 | $700,416 | $208,076 | $-6,892 |
| 2018 | $567,276 | $657,940 | $65,455 | $-90,664 |
Compare RHODE ISLAND MANUFACTURING INSTITUTE DB with other nonprofits in Rhode Island and across the country.