BEducationEIN: 461986417

Achievement First Rhode Island

New Haven, Connecticut

BHealth Score
64B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.25×
Peer Median9.48×
💰
$53.4M
Total Revenue
📊
$49.6M
Total Expenses
🏦
$12.6M
Net Assets
📋
$68.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+22.6%
Year-over-year change (2022 → 2023)
Net Margin
+7.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.25
Net assets divided by total expenses
Liabilities-to-Assets
84.4%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$53,387,29523%$49,565,87416%$80,620,87715%
2022$43,534,05927%$42,905,15451%$69,973,568255%
2021$34,238,86838%$28,500,97216%$19,683,62722%
2020$24,759,12527%$24,585,61328%$16,165,74314%
2019$19,491,83020%$19,236,97419%$14,183,25645%
2018$16,256,86930%$16,207,89129%$9,799,5605%
2017$12,517,54126%$12,558,84224%$10,311,8482%
2016$9,921,14559%$10,126,60073%$10,104,8421%
2015$6,233,7738%$5,866,61349%$10,176,62871%
2014$5,746,988$3,933,751$5,962,362161%
2013$0$0$2,285,140

Frequently Asked Questions

What does Achievement First Rhode Island do?

Achievement First Rhode Island is a education nonprofit organization based in Connecticut. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Achievement First Rhode Island financially healthy?

Based on our 9-metric Financial Health Score model, Achievement First Rhode Island has a score of 64/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Achievement First Rhode Island generate?

Achievement First Rhode Island reports $65.4M in annual revenue and holds $92.9M in total assets, based on IRS filings.

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