Mini Entrepreneurs of Rhode Island
Nonprofit profile at a glance
- EIN
- 884421847
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Riverside, RI, USA
- Phone
- 4014841441
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $126,444
- Expenses
- $106,932
- Assets
- $47,271
- Liabilities
- $5,195
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Erica Campbell (Executive Director)
People named in this filing
- Erica Campbell (Executive Director)
- Shirley Moore (Director)
- Celeste George (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of Mini Entrepreneurs of Rhode Island (MERI) is to empower the next generation of leaders by providing children ages 4-15 (specializing in serving children from BIPOC, first-generation, and under-resourced communities) with a solid foundation in entrepreneurship education. At Mini Entrepreneurs, we seek to create opportunities that support children's personal and academic development as lifelong learners, and we are committed to creating fun and engaging learning experiences that inspire children to explore their creativity, develop critical thinking skills, and cultivate an entrepreneurial mindset. Ultimately, we believe that our work will create a stronger, healthier, and more resilient community for all Rhode Islanders. As a part of our service continuum, we offer an annual entrepreneurial fair, a summer camp, after-school programs, educational workshops, mini-business pop-up events, and mentoring programs that expose youth to entrepreneurship and prov
What it reported doing in 2024
At our 2024 Mini Entrepreneur Fair, which was held in October, we hosted 64 businesses, 80 mini entrepreneurs, and welcomed over 750 community customers. We also awarded 42 business scholarships totaling $2,100.00.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 100
- Sustainability: 46
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.7%; rating input score 54
- Program expense ratio: 63.5%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 15.4%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 23.4%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 53.7% of revenue deployed · 63.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $68K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.