Keeping Jobs in Rhode Island Inc

EIN: 842435277

PROVIDENCE, RI

Total Revenue
$600,000
Total Expenses
$574,522
Total Assets
$25,478
Net Assets
$25,478
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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
2019
Legal Domicile
RI
Principal Officer
MICHAEL J RAIA
Tax Period
2019-07-18 to 2019-12-31

Keeping Jobs in Rhode Island Inc, founded in 2019, is a small nonprofit that reported $600K in total revenue in fiscal year 2019. Expenses of $575K left a modest 4% surplus.

Mission

THE ORGANIZATION PROMOTES ECONOMIC POLICIES, INITIATIVES, AND PARTNERSHIPS THAT PROTECT EXISTING JOBS AND CREATE GOOD-PAYING JOBS FOR RHODE ISLAND RESIDENTS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $600,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $600,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $559,582
Other Expenses $574,522
TOTAL EXPENSES $574,522

Year-over-Year Comparison

2019 2018 Change
Revenue $600,000 N/A N/A
Expenses $574,522 N/A N/A
Net Income $25,478 $0 N/A
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
4
Independent Members
4
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON STANFORD DIRECTOR 0.1
Director
$0 $0 $0
JENNIE JOHNSON DIRECTOR 0.1
Director
$0 $0 $0
HOPE HOPKINS DIRECTOR 0.1
Director
$0 $0 $0
PAUL HANSEN DIRECTOR 0.1
Director
$0 $0 $0
MICHAEL J RAIA EXECUTIVE DIRECTOR 1.0
Officer
$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
2019 $600,000 $574,522 $25,478 $25,478
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