FUTURUS FOUNDATION INC (EIN 222811724) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

ASHLEY COON - RIBBLE

Phone

7168748182

Tax Period

2024-01-01 to 2024-12-31

FUTURUS FOUNDATION INC, founded in 1987, is a small nonprofit that reported $235K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $307K exceeded revenue, resulting in a 30% operating deficit.

Mission

FUTURUS FOUNDATION INC. HAS BEEN FORMED TO PROMOTE HEALTH AND WELFARE OF INDIVIDUALS WHO HAVE A MENTAL ILLNESS BY THE ACQUISITION AND MAINTENANCE OF REAL AND PERSONAL PROPERTY AND THE LEASE OR SUBLEASE THEREOF TO TRANSITIONAL SERVICES INC., A RELATED CHARITABLE ORGANIZATION WHICH OPERATES SHELTERED LIVING PROGRAMS FOR INDIVIDUALS WITH A MENTAL ILLNESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $195,188

Investment Income $40,169

Other Revenue $121

TOTAL REVENUE $235,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $281,577

Other Expenses $306,889

TOTAL EXPENSES $306,889

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,478	$210,087	+0.1%
Expenses	$306,889	$287,610	+0.1%
Net Income	$-71,411	$-77,523	-0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$210,783

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN J GILLICK	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS HELTZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES P MALARKEY	TREASURER	1.00	Officer Director	$0	$0	$0
COLLETTE GRAHAM	SECRETARY	2.00	Officer	$0	$36,232	$210,783

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$235,478	$306,889	$4,168,678	$-71,411
2023	$210,087	$287,610	$4,252,724	$-77,523
2022	$224,340	$337,347	$4,322,630	$-113,007
2021	$574,695	$288,460	$4,493,842	$286,235
2020	$197,962	$328,441	$4,336,021	$-130,479
2019	$912,377	$356,830	$4,449,980	$555,547
2018	$262,437	$221,838	$3,927,294	$40,599

FUTURUS FOUNDATION INC