COMMITTEE FOR THE FUTURE

EIN: 521842664 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$220,113
Total Expenses
$871,828
Total Assets
$3,932,665
Net Assets
$3,932,665
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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
1993
Legal Domicile
DC
Principal Officer
WAYNE SILBY
Tax Period
2023-10-01 to 2024-09-30

COMMITTEE FOR THE FUTURE, founded in 1993, is a small nonprofit in the Education sector that reported $220K in total revenue in fiscal year 2023. Expenses of $872K exceeded revenue, resulting in a 296% operating deficit.

Mission

A SUPPORTING ORGANIZATION TO OTHER EXEMPT ENTITIES

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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 $0
Program Service Revenue $0
Investment Income $220,113
Other Revenue $0
TOTAL REVENUE $220,113

Expense Breakdown

Grants Paid $868,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $868,000
Other Expenses $3,828
TOTAL EXPENSES $871,828

Year-over-Year Comparison

2023 2022 Change
Revenue $220,113 N/A N/A
Expenses $871,828 N/A N/A
Net Income $-651,715 N/A N/A
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
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
XIN WANG SECRETARY 1.00
Officer Director
$0 $0 $0
WAYNE SILBY PRESIDENT 2.00
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
2024 $220,113 $871,828 $3,932,665 $-651,715
2023 $177,545 $32,136 $3,891,004 $145,409
2022 $419,664 $111,992 $3,416,697 $307,672
2021 $529,587 $50,790 $3,978,486 $478,797
2020 $428,389 $103,130 $3,254,929 $325,259
2019 $189,527 $100,502 $2,828,868 $89,025
2018 $129,078 $79,483 $2,826,933 $49,595
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