THE VILLAGE FOR RHODE ISLAND FOSTE… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

SUE BABIN

Phone

4012256147

Tax Period

2023-01-01 to 2023-12-31

THE VILLAGE FOR RHODE ISLAND FOSTER AND ADOPTIVE FAMILIES, founded in 2016, is a small nonprofit in the Human Services sector that reported $206K in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE VILLAGE IS TO CONTRIBUTE TO THE DEVELOPMENT AND MAINTENANCE OF A ROBUST NETWORK OF HEALTHY, COMMITTED, AND WELL TRAINED RESOURCE FAMILIES FOR CHILDREN IN RI NEEDING OUT OF HOME CARE.

Program Service Accomplishments

Program 1

Expenses: $222,051 Revenue: $206,058

PROVIDED SUPPORT SERVICES AND ACTIVITIES TO FAMILY AND CHILDREN IN FOSTER CARE AND THOSE WHO HAVE BEEN ADOPTED, VIA IN PERSON, ONLINE AND VIRTUALLY.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $206,058

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $222,051

Other Expenses $222,051

TOTAL EXPENSES $222,051

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,058	$94,793	+1.2%
Expenses	$222,051	$103,781	+1.1%
Net Income	$-15,993	$-8,988	+0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

$10,080

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN MARIE DUNBAR	DIRECTOR	5.00	Director	$3,340	$0	$3,340
ROBIN PEREZ	DIRECTOR	5.00	Director	$2,840	$0	$2,840
MARSHA FERNANDES	DIRECTOR	5.00	Director	$2,310	$0	$2,310
KELLEY FLUETTE	DIRECTOR	5.00	Director	$1,590	$0	$1,590
SUE BABIN	PRESIDENT	15.00	Officer Director	$0	$0	$0
SHEILA COYNE	SECRETARY	3.00	Officer Director	$0	$0	$0
KINDRA FORTSON-HIGGINS	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
KIMBERLY WYMAN	TREASURER	1.00	Officer Director	$0	$0	$0

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$206,058	$222,051	$1,700	$-15,993

THE VILLAGE FOR RHODE ISLAND FOSTER AND ADOPTIVE FAMILIES