NonprofitsRhode Island Education Collective Inc

Education

Rhode Island Education Collective Inc

PROVIDENCE, RI

Total revenue

$5.3M

Total expenses

$1.5M

Net assets

$4.2M

Grants received

$3.1M

4 grants

EIN

922093075

Tax year

2024

Mission

To ensure that every rhode island child can go to a great public school.

Financials

FY 2024

Revenue

Contributions & grants$5.2M
Program service revenue
Investment income$3K
Other revenue
Total revenue$5.3M

Expenses

Grants paid$125K
Salaries & benefits$623K
Fundraising$121K
Other expenses$725K
Total expenses$1.5M
Total assets$4.6M
Net assets$4.2M

People

5 listed

NameRoleCompensation

VICTOR CAPELLAN

CHIEF EXECUTIVE OFFICER

Board

$156K

40 hrs/wk

DANIELLE BARRON

DIRECTOR UNTIL 03/2024

Board

5 hrs/wk

CLARISSA HERNANDEZ

DIRECTOR UNTIL 04/2024

Board

5 hrs/wk

JOSE R POLANCO

DIRECTOR

Board

2 hrs/wk

LISNEL ARIAS

DIRECTOR AS OF 03/2024

Board

2 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$2.6M
TO SUPPORT THE FIRST TWO YEARS OF THE RHODE ISLAND COLLECTIVES OPERATIONS, A NEW NONPROFIT ORGANIZATION THAT WILL BRING PEOPLE, IDEAS, AND CAPITAL TOGETHER TO CREATE A COLLECTIVE EDUCATION AGENDA FOCUSED ON EQUITABLE ACCESS TO HIGH-QUALITY EDUCATION FOR ALL STUDENTS IN RHODE ISLAND.
2023
$350K
TO SUPPORT THE LAUNCH OF THE RHODE ISLAND COLLECTIVE
2023
$125K
TO DEVELOP AND SUPPORT A POSITIVE EDUCATION ECOSYSTEM THAT ADVANCES THE MISSION OF MORE HIGH-QUALITY CHARTER OPTIONS FOR STUDENTS IN PROVIDENCE
2023
$40K
TO SUPPORT POSITIVE STORYTELLING EFFORTS ABOUT EDUCATION IN PROVIDENCE
2023

Funded by

$3.1M from 1 funder · 4 grants · 2023

City Fund

$3.1M · 4 grants · 2023

Details

EIN922093075
NTEE codeB99
Subsection03
Ruling date2023-03
Formed2023
Employees7
Volunteers4
RHODE ISLAND EDUCATION COLLECTIVE INC — Mission, Financials & Grants Received | Grantivo