WORLD FUTURE SOCIETY

EIN: 237009921 501(c)(3)

CHICAGO, IL

Total Revenue
$22,164
Total Expenses
$955
Total Assets
N/A
Net Assets
N/A
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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
1966
Legal Domicile
DC
Principal Officer
JULIE FRIEDMAN STEELE
Phone
8009898274
Tax Period
2020-01-01 to 2020-12-31

WORLD FUTURE SOCIETY, founded in 1966, is a micro nonprofit that reported $33K in total revenue in fiscal year 2018. Revenue fell 89% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE WORLD FUTURE SOCIETY WORKS TO IMPROVE DECISION-MAKING ABOUT THE FUTURE BY EMPOWERING FUTURISTS, FOSTERING NETWORKS AND ADVANCING KNOWLEDGE AND ACTION ON FUTURE-CRITICAL ISSUES.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $22,164
TOTAL REVENUE $22,164

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $955
Other Expenses $955
TOTAL EXPENSES $955

Year-over-Year Comparison

2020 2019 Change
Revenue $22,164 $543 +39.8%
Expenses $955 $933 +0.0%
Net Income $21,209 $-390 -55.4%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE FRIEDMAN STEELE CHAIR 40.00
Officer Director
$0 $0 $0
JARED WEINER VICE CHAIR/SECRETARY 20.00
Officer Director
$0 $0 $0
DEBORAH PEACOCK TREASURER 20.00
Officer Director
$0 $0 $0
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
2020 $22,164 $955 No data $21,209
2019 $543 $933 $955 $-390
2018 $32,979 $43,283 $1,385 $-10,304
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