UNLIMITED FUTURE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

URSULETTE WARD

Phone

3046973007

Tax Period

2024-01-01 to 2024-12-31

UNLIMITED FUTURE INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $698K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $607K left a modest 13% surplus.

Mission

UNLIMITED FUTURE, INC. ACTS AS A CATALYST IN ELIMINATING BARRIERS TO THE CREATION OF SUCCESSFUL BUSINESS OPPORTUNITIES BY ALLOWING RESIDENTS TO REALIZE THEIR GOALS AND POTENTIAL.

Program Service Accomplishments

Program 1

Expenses: $528,298 Revenue: $697,718

PROVIDE INCUBATOR SERVICES ALONG WITH EDUCATIONAL AND MENTORING SERVICES TO HELP SMALL BUSINESS BE SUCCESSFUL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $664,978

Program Service Revenue $26,458

Investment Income $0

Other Revenue $6,283

TOTAL REVENUE $697,719

Expense Breakdown

Grants Paid $0

Salaries & Benefits $267,215

Fundraising Expenses $0

Program Expenses $528,298

Other Expenses $340,147

TOTAL EXPENSES $607,362

Year-over-Year Comparison

	2024	2023	Change
Revenue	$697,719	$519,381	+0.3%
Expenses	$607,362	$520,825	+0.2%
Net Income	$90,357	$-1,444	-63.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$59,528

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
URSULETTE WARD	EXECUTIVE DI	40.00	Officer	$59,528	$0	$59,528
BRUCE FELDER	CHAIR	2.50	Officer Director	$0	$0	$0
BOB HANSEN	TREASURER	0.50	Officer Director	$0	$0	$0
JEFF MUNSON	MEMBER	0.50	Director	$0	$0	$0
GAIL PATTON	MEMBER, FMR.	0.50	Director	$0	$0	$0
ABBY REALE	SECRETARY	0.50	Officer Director	$0	$0	$0
MICHAEL THOMAS	VICE CHAIR	2.50	Director	$0	$0	$0
MARILYN WRENN	MEMBER	0.50	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	$697,719	$607,362	$429,703	$90,357
2023	$519,381	$520,825	$479,963	$-1,444
2022	$366,491	$304,108	$438,706	$62,383
2021	$221,775	$225,774	$311,258	$-3,999
2020	$143,121	$238,884	$317,478	$-95,763
2019	$114,161	$231,304	$365,340	$-117,143
2018	$429,485	$267,577	$483,673	$161,908