RIHUB

EIN: 821813115 501(c)(3) Community Improvement

PROVIDENCE, RI

Total Revenue
$824,734
Total Expenses
$682,569
Total Assets
$527,030
Net Assets
$327,535
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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
2018
Legal Domicile
RI
Principal Officer
ANNETTE TONTI
Phone
4018291051
Tax Period
2022-07-01 to 2023-06-30

RIHUB, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $825K in total revenue in fiscal year 2022. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $142K, a strong 17% operating margin.

Mission

DRIVING ECONOMIC TRANSFORMATION BY HELPING ENTREPRENEURS AND STARTUPS MORE EFFECTIVELY FOCUS AND APPLY THEIR INGENUITY AND INNOVATION TO REACH THEIR GOALS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $824,734
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $824,734

Expense Breakdown

Grants Paid $0
Salaries & Benefits $291,948
Fundraising Expenses $0
Program Expenses $672,865
Other Expenses $390,621
TOTAL EXPENSES $682,569

Year-over-Year Comparison

2022 2021 Change
Revenue $824,734 $610,305 +0.4%
Expenses $682,569 $649,107 +0.1%
Net Income $142,165 $-38,802 -4.7%
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

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Governance

Voting Members
7
Independent Members
1
Employees
4
Volunteers
86

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
4
$157,558
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHARINE FLYNN CHAIRMAN 1.00
Officer Director
$0 $0 $0
STEPHEN PIPER TREASURER 1.00
Officer Director
$0 $0 $0
PETE RUMSEY SECRETARY 1.00
Officer Director
$0 $0 $0
JI MI CHOI DIRECTOR 1.00
Director
$0 $0 $0
HOPE HOPKINS DIRECTOR 1.00
Director
$0 $0 $0
NEIL VELOSO DIRECTOR 1.00
Director
$0 $0 $0
ANNETTE TONTI PRESIDENT AND MANAGING DIR 50.00
Officer
$145,558 $12,000 $157,558
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 $824,734 $682,569 $527,030 $142,165
2022 $610,305 $649,107 $352,565 $-38,802
2021 $612,673 $652,188 $421,624 $-39,515
2019 $409,067 $246,896 $196,994 $162,171
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