FUTURE ROOTS INC

EIN: 510665121 501(c)(3) Arts, Culture & Humanities

LOS ANGELES, CA

Total Revenue
$1,227,420
Total Expenses
$1,008,795
Total Assets
$1,370,659
Net Assets
$1,370,490
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
DE
Principal Officer
ALEJANDRO COHEN
Phone
3236038187
Tax Period
2023-01-01 to 2023-12-31

FUTURE ROOTS INC, founded in 2008, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $219K, a strong 18% operating margin.

Mission

SINCE 1999, FUTURE ROOTS, INC. REFERRED TO AS DUBLAB HAS BEEN BROADCASTING WIDE-SPECTRUM MUSIC FROM AROUND THE WORLD. OUR PROGRAMMING HAS EXPANDED TO INCLUDE THE PRODUCTION OF ORIGINAL ART CONTINUED ON SCH. O

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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 (2023)

Revenue Breakdown

Contributions & Grants $844,524
Program Service Revenue $381,386
Investment Income $6,702
Other Revenue $-5,192
TOTAL REVENUE $1,227,420

Expense Breakdown

Grants Paid $0
Salaries & Benefits $307,756
Fundraising Expenses $72,488
Program Expenses $891,063
Other Expenses $701,039
TOTAL EXPENSES $1,008,795

Year-over-Year Comparison

2023 2022 Change
Revenue $1,227,420 $1,726,460 -0.3%
Expenses $1,008,795 $1,098,276 -0.1%
Net Income $218,625 $628,184 -0.7%
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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Governance

Voting Members
13
Independent Members
11
Employees
8
Volunteers
240

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
$57,300
Total Directors
13
$59,590
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEJANDRO COHEN DIRECTOR, SECRETARY/TREASURER 040.00
Officer Director
$57,300 $0 $57,300
MARK MCNEILL SEE SCH O DIRECTOR 004.00
Director
$2,290 $0 $2,290
JOSH KUN DIRECTOR 002.00
Director
$0 $0 $0
BRYAN YOUNCE DIRECTOR, VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
LIZ GARO DIRECTOR 002.00
Director
$0 $0 $0
SARAH SHEWEY DIRECTOR, PRESIDENT 004.00
Officer Director
$0 $0 $0
CHRIS MANAK DIRECTOR 001.00
Director
$0 $0 $0
JACKIE GOLDBERG DIRECTOR 001.00
Director
$0 $0 $0
JOEL CHEN DIRECTOR 002.00
Director
$0 $0 $0
JOHN SHAEFFER DIRECTOR 002.00
Director
$0 $0 $0
SAUL WILLIAMS DIRECTOR 001.00
Director
$0 $0 $0
KAMRAN VALANEDAJ DIRECTOR 003.00
Director
$0 $0 $0
VALECIA PHILLIPS DIRECTOR 002.00
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
2024 No data No data No data No data
2023 $1,227,420 $1,008,795 $1,370,659 $218,625
2022 $1,726,460 $1,098,276 $1,149,099 $628,184
2021 $1,113,450 $839,677 $546,527 $273,773
2020 $560,299 $409,122 $252,196 $151,177
2019 $386,405 $376,492 $101,019 $9,913
2018 $374,943 $339,773 $97,106 $35,170
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