2025-10-20T17:46:41-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2024-01-01 463237048 FABNEWPORT INC FABN 4014390160 PO BOX 3562 NEWPORT RI 02840 ALLISON INGALSBE BOARD CHAIR 4014390160 2025-10-17 1 0 ALEXANDRA SPIELVOGEL P02040631 8605614000 2025-10-17 2024 2025-03-06 01:10:19Z ALLISON INGALSBE PO BOX 3562 NEWPORT RI 02840 1155446 0 X WWW.FABNEWPORT.ORG X 2015 RI TO ENSURE YOUTH HAVE EQUITABLE ACCESS TO THE OPPORTUNITIES, RESOURCES, AND RELATIONSHIPS SO THEY CAN THRIVE TODAY AND IN THE FUTURE. 9 9 23 10 0 0 651318 949221 367080 172957 7913 2401 47928 6917 1074239 1131496 0 0 0 0 772871 689699 0 0 97334 428739 458176 1201610 1147875 -127371 -16379 578841 580201 21955 35694 556886 544507 X TO ENSURE YOUTH HAVE EQUITABLE ACCESS TO THE OPPORTUNITIES, RESOURCES, AND RELATIONSHIPS SO THEY CAN THRIVE TODAY AND IN THE FUTURE. 0 1 251508 SUMMER PROGRAMMINGEACH SUMMER, THE NEWPORT EXPERIENCE (NEX) PROVIDES APPROXIMATELY 100 NEWPORT STUDENTS WITH A SIX-WEEK IMMERSION THAT COMBINES COMMUNITY PARTNERSHIPS, EXPERIENTIAL LEARNING, AND EXPLORATION OF THEIR CITY TO BROADEN HORIZONS. LEARNERS PARTICIPATE IN OUTDOOR AND IN-LAB ACTIVITIES SUCH AS DESIGN AND MAKING, SURFING, CYCLING, HIKING, AND FARMING. THESE EXPERIENCES CULTIVATE CONFIDENCE, CREATIVITY, AND RESILIENCE WHILE PROVIDING OPPORTUNITIES OTHERWISE INACCESSIBLE TO MANY YOUNG PEOPLE, PARTICULARLY THOSE FROM SOCIOECONOMICALLY DISADVANTAGED BACKGROUNDS IN NEWPORT'S NORTH END. THE ORGANIZATION ALSO RECEIVED $235,679 IN FUNDING FROM GRANTS AND INDIVIDUAL DONORS IN SUPPORT OF THIS INITIATIVE. 168553 126650 IN-SCHOOL PROGRAMMINGDURING THE SCHOOL YEAR, NEX EXTENDS ITS REACH INTO LOCAL SCHOOLS TO ENGAGE HUNDREDS OF STUDENTS. OFFERINGS INCLUDE HEART CLUB AT THOMPSON MIDDLE SCHOOL, WHICH EMPHASIZES BELONGING, SOCIAL-EMOTIONAL LEARNING, AND RESTORATIVE PRACTICES; STEAM PROGRAMMING AT ALL SAINTS ACADEMY; AND DESIGN, MAKE, AND MANUFACTURING CLASSES AT THE METROPOLITAN REGIONAL CAREER AND TECHNICAL CENTER. THESE INITIATIVES SUPPORT ACADEMIC ENGAGEMENT, SKILL DEVELOPMENT, AND A STRONGER SENSE OF COMMUNITY AMONG LEARNERS. 135977 46775 OUT-OF-SCHOOL TIME PROGRAMMINGBEYOND SCHOOL HOURS, NEX OFFERS A BROAD SLATE OF AFTERSCHOOL AND WEEKEND OPPORTUNITIES. STUDENTS PARTICIPATE IN ACTIVITIES THAT MIRROR SUMMER IMMERSION EXPERIENCES, INCLUDING SURFING, BIKING, AND OTHER ADVENTURE-BASED LEARNING, AS WELL AS CREATIVE AND TECHNICAL PURSUITS SUCH AS CODING, 2D DESIGN, JEWELRY MAKING, AND ART. THESE PROGRAMS FOSTER SKILL-BUILDING, CURIOSITY, AND A SENSE OF BELONGING, WHILE ENSURING CONSISTENT ACCESS TO SAFE AND ENRICHING ENVIRONMENTS YEAR-ROUND. THE ORGANIZATION ALSO RECEIVED $40,312 IN FUNDING FROM GRANTS IN SUPPORT OF THIS INITIATIVE. 319223 OTHER PROGRAMMING INCLUDES COMMUNITY ENGAGEMENT INITIATIVES AND FIRST TEE. THE ORGANIZATION ALSO RECEIVED $134,904 IN FUNDING FROM GRANTS AND INDIVIDUAL DONORS IN SUPPORT OF THIS INITIATIVE. 319223 875261 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 35 0 23 1 0 0 0 0 0 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 X DEBRA GEIL 6034775536 1 CLARK RD SMITHFIELD RI 02917 STEVEN HEATH EXECUTIVE DIRECTOR 40.00 X 97144 0 3750 ALLISON INGALSBE CHAIR 1.00 X X 0 0 0 WILLIAM WYNNE VICE CHAIR 1.00 X X 0 0 0 MATTHEW PATTERSON SECRETARY (UNTIL 11/24) 1.00 X X 0 0 0 ALIN BENNET DIRECTOR 1.00 X 0 0 0 BEN DUCAS DIRECTOR 1.00 X 0 0 0 NICHOLAS LOGLER DIRECTOR 1.00 X 0 0 0 KEITH RANALDI DIRECTOR 1.00 X 0 0 0 CHRIS SEMOMELLI DIRECTOR (UNTIL 12/24) 1.00 X 0 0 0 STEPHAN SLOAN DIRECTOR 1.00 X 0 0 0 JILL SLYE DIRECTOR 1.00 X 0 0 0 97144 0 3750 0 0 0 0 0 28827 139425 780969 265 949221 PROGRAM FEES 541700 172957 172957 172957 8997 8997 6596 -6596 -6596 -6596 21803 28827 17354 4449 4449 468 0 468 468 OTHER INCOME 900099 2000 2000 2000 1131496 173425 0 8850 X 100894 93155 7739 513019 454916 37826 20277 15565 12422 3143 60221 54199 4215 1807 743 743 34401 34401 218533 110300 45375 62858 494 494 5892 3125 1512 1255 9276 4638 4638 30469 21613 4428 4428 11887 9618 2269 129 43 43 43 28805 14402 14403 8519 3716 4803 PROGRAMMING EXPENSES 92388 92300 88 BAD DEBTS 10000 10000 FUNDRAISING EXPENSES 3783 3783 DUES & MEMBERSHIPS 1628 814 814 1229 1109 120 1147875 875261 175280 97334 455706 228355 153946 0 64207 46134 76800 11293 115373 69773 77001 45600 578841 580201 21955 35694 21955 35694 X 553429 544507 3457 0 556886 544507 578841 580201 -16379 4000 0 X 0 1 X 1 0 X 774785 866792 767800 655698 936721 4001796 774785 866792 767800 655698 936721 4001796 86642 3915154 79 140 180 7913 8997 17309 23803 23803 4042908 173425 0.96840 0.99780 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2024 AMOUNT: $ 2,000. GROSS INCOME FROM FUNDRAISING - 2024 AMOUNT: $ 21,803. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 115373 69773 45600 45600 X 1136625 5129 5129 1131496 0 1131496 1149004 1129 1129 1147875 0 1147875 PART X, LINE 2: THE ORGANIZATION IS A RHODE ISLAND NONPROFIT CORPORATION EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE EXTENDED DUE DATE OF THE TAX RETURN. THE ORGANIZATION HAS EVALUATION ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. FABNEWPORT GOLF OUTING 50630 28827 21803 9200 7396 758 50630 28827 21803 9200 7396 758 17354 4449 MARY HEATH SPOUSE 6000 CONSULTING 0 FORM 990, PART III, LINE 3 PVD YOUNG MAKERS ENDED IN 2024 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B GOVERNING BODY REVIEW. A COPY OF FORM 990 IS SUBMITTED TO ALL BOARD MEMBERS FOR QUESTIONS, FEEDBACK, AND OBJECTIONS, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY COMPLIANCE. A CONFLICT OF INTEREST POLICY IS IN PLACE. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE CANVASSED ANNUALLY FOR THEIR KNOWLEDGE OF ANY CONFLICTS OF INTEREST OR PERSONAL CONFLICTS OF INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT COMP. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR SETTING THE EXECUTIVE DIRECTOR'S COMPENSATION. IT DOES THIS WITH A BOARD DISCUSSION, REVIEW OF RESPONSIBILITIES AND OTHER FINANCIAL AND NONFINANCIAL INFORMATION INCLUDING COMPARATIVE DATA AND PERFORMANCE METRICS, WHICH THE BOARD THEN VOTES ON. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, ETC. AVAILABLE TO PUBLIC. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 18,320. MANAGEMENT AND GENERAL EXPENSES 45,375. FUNDRAISING EXPENSES 47,125. TOTAL EXPENSES 110,820. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 91,980. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 15,733. TOTAL EXPENSES 107,713.