Overview

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Est.

2016

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Building Futures, a nonprofit organization based in Rhode Island, is dedicated to addressing the skilled labor needs of employers through registered apprenticeships, thereby creating equitable pathways to family-sustaining careers for local residents. With an operating budget of $4.1 million and total revenue of $5.2 million for the 2024 filing year, the organization is supported by a diverse range of funders, with no single source contributing 50% or more of its revenue. More information can be found on their website at www.bfri.org.

Mission Statement

TO MEET EMPLOYER AND INDUSTRY NEEDS FOR SKILLED WORKERS THROUGH REGISTERED APPRENTICESHIPS, CREATING EQUITABLE PATHS TO FAMILY-SUSTAINING CAREERS FOR RHODE ISLANDERS.
Revenues
$5.2M
Expenses
$4.2M
Net Income:
+$1M
Assets
$3.3M
Liabilities
$271.9K
Net Assets:
+$3M
Operating Budget
$4.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$10K
Largest grant received
$165K
A
Andrew Cortes
Board Member
S
Scott Duhamel
Board Member
E
Eileen Hayes
Board Member

Frequently Asked Questions

What is BUILDING FUTURES’s budget?
In 2024, BUILDING FUTURES reported an annual operating budget of around $4.1 million. More detailed financial information is available to registered users.
What causes does BUILDING FUTURES support?
BUILDING FUTURES supports work in Public administration and Job Preparation & Procurement.
Where does BUILDING FUTURES operate?
BUILDING FUTURES is headquartered in Providence, RI.
Who funded BUILDING FUTURES recently?
In 2025, BUILDING FUTURES received grants from UNITED WAY OF RHODE ISLAND INC, THE RHODE ISLAND COMMUNITY FOUNDATION, and THE CHRIS AND MELODY MALACHOWSKY FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant BUILDING FUTURES received in 2024?
The largest grant to BUILDING FUTURES in 2024 exceeds $165 thousand.
What is BUILDING FUTURES’s reliance on government grants?
BUILDING FUTURES relied on government grants for more than 55% of their total revenue in 2024.