Future Foundation Inc (EIN 582636418) - 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

2001

Legal Domicile

Phone

4047660510

Tax Period

2023-01-01 to 2023-12-31

Future Foundation Inc, founded in 2001, is a community nonprofit in the Youth Development sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

To level the playing field for youth caught in a cycle of poverty by serving as a second family, providing new experiences, and reinforcing skills needed to thrive in adulthood.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,302,918

Program Service Revenue $0

Investment Income $38,948

Other Revenue $15,378

TOTAL REVENUE $1,357,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $815,289

Fundraising Expenses $143,052

Program Expenses $1,272,372

Other Expenses $724,068

TOTAL EXPENSES $1,620,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,357,244	$1,811,859	-0.3%
Expenses	$1,620,907	$1,757,025	-0.1%
Net Income	$-263,663	$54,834	-5.8%

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

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

$141,146

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Felicia Allen	Treasurer	1.0	Officer Director	$0	$0	$0
W Imara Canady	Chair	1.0	Officer Director	$0	$0	$0
Andrew Hamett	Director	1.0	Director	$0	$0	$0
Jeetendra Kumar	Director	1.0	Director	$0	$0	$0
Jenn Leahy	Director	1.0	Director	$0	$0	$0
Jonas Rhoden	Director	1.0	Director	$0	$0	$0
Juius Shareef Abdur-Rahim	Founder / Director	1.0	Director	$0	$0	$0
Pia Forbes	Director	1.0	Director	$0	$0	$0
Ronette Smith	CEO	40.0	Officer	$135,000	$6,146	$141,146

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
2023	$1,357,244	$1,620,907	$187,694	$-263,663
2022	$1,811,859	$1,757,025	$450,870	$54,834
2021	$1,952,212	$2,159,554	$453,569	$-207,342
2020	$2,552,203	$2,538,921	$796,575	$13,282
2019	$2,371,227	$2,312,408	$765,739	$58,819
2018	$2,386,941	$2,202,164	$686,213	$184,777

Future Foundation Inc