FUTURE GENERATIONS ADVOCACY FOUNDA… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

BILL PHILLIPS

Phone

5186693503

Tax Period

2019-01-01 to 2019-12-31

FUTURE GENERATIONS ADVOCACY FOUNDATION, founded in 2017, is a micro nonprofit that reported $11K in total revenue in fiscal year 2019. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 119% operating deficit.

Mission

TO EDUCATE COMMUNITIES IN CONNECTICUT IN THE EFFORT FOR BETTER ECONOMIC GROWTH.

Program Service Accomplishments

Program 1

Expenses: $23,686

COMMUNICATE WITH RESIDENTS ACROSS THE STATE AND GENERATE DIGITAL COMMUNICATIONS TO EDUCATE BROADER COMMUNITIES ON ISSUES RELEVANT TO ECONOMIC GROWTH.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1

Other Revenue $10,817

TOTAL REVENUE $10,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,218

Fundraising Expenses $0

Program Expenses $23,686

Other Expenses $17,468

TOTAL EXPENSES $23,686

Year-over-Year Comparison

	2019	2018	Change
Revenue	$10,818	$60,002	-0.8%
Expenses	$23,686	$55,038	-0.6%
Net Income	$-12,868	$4,964	-3.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM PHILLIPS	PRESIDENT	10.00	Officer Director	$0	$0	$0
JOHN GIANUKAKIS	TREASURER	1.00	Officer Director	$0	$0	$0
JILL SHAHEN	SECRETARY	1.00	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
2019	$10,818	$23,686	$5,103	$-12,868
2018	$60,002	$55,038	$17,971	$4,964

FUTURE GENERATIONS ADVOCACY FOUNDATION