Fabnewport Inc

Education organization based in Newport, RI. 23 employees. Exempt under §501(c)(3).

MissionTO ENSURE YOUTH HAVE EQUITABLE ACCESS TO THE OPPORTUNITIES, RESOURCES, AND RELATIONSHIPS SO THEY CAN THRIVE TODAY AND IN THE FUTURE.

EIN
46-3237048
State
RI
Sector
Education
Budget band
$1M–$2.5M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$1.1M
Total revenue
$1.1M
Total expenses
$580K
Net assets

Financial health · TY 2024

49
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
32
5.7 months of expenses
Program efficiency
66
76.3% spent on programs
Revenue diversity
52
Mix of program fees, grants & contributions

Leadership compensation

Steven Heath
EXECUTIVE DIRECTOR
$100,894
41th percentile vs. peers

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Fabnewport Inc Executive Compensation | 990 Data | DoubleNine