The Providence Foundation

Unknown organization based in Providence, RI. 5 employees. Exempt under §501(c)(3).

MissionTHE FOUNDATION ORIGINATES AND ADVOCATES POLICIES AND PROJECTS FOR THE DEVELOPMENT OF DOWNTOWN AND THE CITY OF PROVIDENCE. IT PLAYS A LEADERSHIP ROLE IN PLANNING FOR DOWNTOWN. ITS PRIMARY FOCUS IS TO CREATE AN ENVIRONMENT THAT IS CONDUCIVE TO ECONOMIC DEVELOPMENT AND SUSTAINED

EIN
23-7423032
State
RI
Sector
Unknown
Budget band
$500K–$1M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$528K
Total revenue
$729K
Total expenses
$242K
Net assets

Financial health · TY 2023

23
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
14
2.5 months of expenses
Program efficiency
43
67% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Clifford Wood
EXECUTIVE DIRECTOR (UNTIL 6/30/24)
$181,940

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The Providence Foundation Executive Compensation | 990 Data | DoubleNine