NEWPORT, RI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FABNEWPORT, founded in 2015, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 12% operating deficit.
TO ENSURE YOUTH HAVE EQUITABLE ACCESS TO THE OPPORTUNITIES, RESOURCES, AND RELATIONSHIPS SO THEY CAN THRIVE TODAY AND IN THE FUTURE.
THE NEWPORT EXPERIENCE (NEX) PROVIDES OPPORTUNITIES THAT ARE OTHERWISE INACCESSIBLE TO YOUNG PEOPLE IN NEWPORT COUNTY, PARTICULARLY THOSE FROM SOCIO-ECONOMICALLY DISADVANTAGED BACKGROUNDS IN NEWPORTS...
THE NEWPORT EXPERIENCE (NEX) PROVIDES OPPORTUNITIES THAT ARE OTHERWISE INACCESSIBLE TO YOUNG PEOPLE IN NEWPORT COUNTY, PARTICULARLY THOSE FROM SOCIO-ECONOMICALLY DISADVANTAGED BACKGROUNDS IN NEWPORTS NORTH END. NEX AIMS TO BRIDGE THE OPPORTUNITY GAP THROUGH DYNAMIC, HANDS-ON PROGRAMMING THAT EMPOWERS STUDENTS TO EXPLORE, LEARN, AND GROW. THE CORE OF THE NEX PROGRAM SERVES APPROXIMATELY 100 NEWPORT STUDENTS THROUGH A SIX-WEEK SUMMER IMMERSION AND REACHES HUNDREDS MORE THROUGH AFTER-SCHOOL ACTIVITIES, COMMUNITY OUTINGS, AND MIDDLE SCHOOL IN-SCHOOL PROGRAMMING. DURING THE SUMMER, NEX STUDENTS COLLABORATE WITH COMMUNITY ORGANIZATIONS, ENGAGE IN EXPERIENTIAL LEARNING, AND EXPLORE THEIR CITY TO BROADEN THEIR HORIZONS. THROUGHOUT THE SCHOOL YEAR, NEX AFTER-SCHOOL PROGRAMMING FOSTERS SKILL-BUILDING, CREATIVITY, AND CONFIDENCE. STUDENTS PARTICIPATE IN CLASSES SUCH AS ENTREPRENEURSHIP, CODING, ELECTRONICS, SEWING, DESIGN, ART, OUTDOOR ADVENTURE, AND GOLF. THEY ARE ENCOURAGED TO DELVE INTO THEIR INTERESTS, PAVING PATHWAYS TO POTENTIAL CAREERS. FABNEWPORT PROVIDES THE TOOLS AND RESOURCES TO SUPPORT THIS EXPLORATION, ENSURING STUDENTS DEVELOP SKILLS THAT WILL BENEFIT THEM FOR YEARS TO COME.
PVD YOUNG MAKERS DELIVERS INNOVATIVE PROGRAMMING ACROSS 10 PROVIDENCE PUBLIC LIBRARIES, EMPOWERING YOUTH TO DEVELOP LEADERSHIP, MENTORING, TECHNOLOGY, AND CREATIVE THINKING SKILLS TO DRIVE POSITIVE...
PVD YOUNG MAKERS DELIVERS INNOVATIVE PROGRAMMING ACROSS 10 PROVIDENCE PUBLIC LIBRARIES, EMPOWERING YOUTH TO DEVELOP LEADERSHIP, MENTORING, TECHNOLOGY, AND CREATIVE THINKING SKILLS TO DRIVE POSITIVE CHANGE IN THEIR COMMUNITIES. THE PROGRAM PROVIDES FREE ACCESS TO STATE- OF-THE-ART TOOLS AND TECHNOLOGIES, INCLUDING VINYL CUTTERS, 3D PRINTERS, LASER CUTTERS, SEWING MACHINES, ELECTRONICS, VIRTUAL REALITY EQUIPMENT, AND AUDIO/VIDEO PRODUCTION TOOLS. PROGRAMMING INCLUDES WEEKLY OPEN- STUDIO SESSIONS AND SPECIALIZED MAKERSPACE WORKSHOPS FOCUSED ON MACHINE LEARNING AND ESSENTIAL 21ST-CENTURY SKILL DEVELOPMENT. THESE SESSIONS ARE CO-HOSTED BY PVD YOUNG MAKERS INTERNS-YOUTH WHO PLAY A VITAL ROLE IN SHAPING THE PROGRAMS DESIGN AND DIRECTION. SINCE ITS INCEPTION, PVD YOUNG MAKERS HAS FACILITATED OVER 17,000 MAKERSPACE VISITS, SERVED 4,500 YOUTH, TRAINED 45 EDUCATORS AND LIBRARIANS, COLLABORATED WITH 2 CHARTER SCHOOLS AND 4 PROVIDENCE PUBLIC SCHOOLS, AND PARTICIPATED IN NUMEROUS STEAM EVENTS CITYWIDE. THIS PROGRAM CONTINUES TO INSPIRE CREATIVITY, COLLABORATION, AND LEARNING THROUGHOUT THE PROVIDENCE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,074,239 | $1,180,808 | -0.1% |
| Expenses | $1,201,610 | $1,310,349 | -0.1% |
| Net Income | $-127,371 | $-129,541 | 0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEVEN HEATH | EXECUTIVE DIRECTOR | 40.00 |
Key Emp
|
$77,048 | $0 | $77,048 |
| MATTHEW PETERSON | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS LOGLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS SEMONELLI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHAN SLOAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH RANALDI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM WYNNE | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLISON INGALSBE | CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALIN BENNETT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN DUCAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,074,239 | $1,201,610 | $578,841 | $-127,371 |
| 2022 | $1,180,808 | $1,310,349 | $708,893 | $-129,541 |
| 2021 | $1,530,716 | $1,126,922 | $805,623 | $403,794 |
| 2020 | $1,054,508 | $918,652 | $402,255 | $135,856 |
| 2019 | $884,859 | $854,192 | $263,186 | $30,667 |
| 2018 | $803,955 | $663,291 | $232,519 | $140,664 |
Compare FABNEWPORT with other nonprofits in Rhode Island and across the country.