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HOPE AND MAIN PROVIDENCE

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Public IRS 990 nonprofit record

HOPE AND MAIN PROVIDENCE

EIN 92-0968276 · Economic Development (S30)

What they do

to PROVIDE SHARED USE KITCHENS, TECHNICAL and BUSINESS ASSISTANCE, ACCESS to MARKETS, and CONNECTIONS to CAPITAL to ASSIST ENTREPRENEURS FROM ALL MEANS and BACKGROUNDS - WITH A SPECIAL FOCUS ON UNDERSERVED COMMUNITIES FROM GREATER PROVIDENCE. IN ADDITION, THE ORGANIZATION WILL WORK to LAUNCH and SCALE FOOD BUSINESSES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $72.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

72.8%of expenses went to mission work69.20% of revenue
0.9%of expenses went to fundraising0.80% of revenue
$95.03spent for every $100 of revenueRevenue covered expenses this year.
26.3%of expenses went to management and office costs25.00% of revenue
$4.77in assets for every $1 spent this yearSome assets cannot be spent right away.
46.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services72.8% of expenses69.20% of revenue
ManagementOffice and general costs26.3% of expenses25.00% of revenue
FundraisingAsking for donations0.9% of expenses0.80% of revenue
Total expenses95.00% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202472.8% mission
202371.9% mission
202267.0% mission

Money in and money out

Revenue$1,051,440
Expenses$999,172
Annual surplus $52,268 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$727,409 · 72.8% of expenses
Management and office costs$263,265 · 26.3% of expenses
Fundraising$8,498 · 0.9% of expenses
See all reported dollar amounts
Revenue$1,051,440
Expenses$999,172
Assets$4,766,667
Income$3,039,002
Contributions$491,069
Mission work (program services)$727,409
Fundraising$8,498
Management and general$263,265
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (7)

DORIS DE LOS SANTOSDIRECTOR

JUAN WILSON JRDIRECTOR

LISA RAIOLA MPHPRESIDENT

LUCA CARNEVALESECRETARY

NEIL VELOSODIRECTOR

SANJIV DHARDIRECTOR

SCOTT BROMBERGDIRECTOR

About this charity

Recognized since
January 2025
Location
945 WESTMINSTER STREET, PROVIDENCE, RI 02903
County
Providence
In care of
LISA RAIOLA
Primary officer
LISA RAIOLA, CHAIR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990
Tax preparer
PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification
Economic Development (S30)
IRS tax category
Economic Development

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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