Charity Search / RIMTA FOUNDATION
Community Improvement (S40) 990 on File

RIMTA FOUNDATION

EIN: 82-3979153 · NEWPORT, RI 02840-1471 · United States · FY 2024 Data
3 out of 5 48 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 45/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$0
Total Revenue
$26K
Total Expenses
$12K
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio 94.1%
Fundraising Efficiency N/A
Operating Reserve 5.70x
Liability-to-Asset 0.0%
Revenue Diversification N/A
Compared with Peers
FY 2024
Compared with 4,006 similar organizations (United States, Community Improvement, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
94.1% 81.7%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
5.9% 10.6%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.7 mo 23.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-100.0% -1.9%
P10P90
Expense growth
Year over year expense growth
-25.5% -1.6%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $0 $26K $12K 94.1% 0
2023 $51K $35K $38K 95.8% 4
2022 $25K $133K $22K 98.9% 0
2021 $491K $149K N/A 0
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Organization Details
EIN
82-3979153
State
RI
City
NEWPORT
ZIP
02840-1471
Classification
S40
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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