RHODE ISLAND MANUFACTURING INSTITUTE DB (EIN 200167052) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

BARBARA JACKSON

Phone

4012320077

Tax Period

2024-08-01 to 2025-07-31

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.

Mission

TO PROVIDE BUSINESS AND EDUCATIONAL SERVICES TO BUSINESS ENTITIES AND INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $631,293

Program Service Revenue $0

Investment Income $0

Other Revenue $20,978

TOTAL REVENUE $652,271

Expense Breakdown

Grants Paid $0

Salaries & Benefits $316,205

Fundraising Expenses $0

Program Expenses $432,047

Other Expenses $292,452

TOTAL EXPENSES $608,657

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$87,480

Total Directors

Key Employees

Highest Compensated

reported

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

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

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

RHODE ISLAND MANUFACTURING INSTITUTE DB