FUTURE GENERATIONS ADVOCACY PROJECT INC

EIN: 823831091

BALTIMORE, MD

Total Revenue
$724
Total Expenses
$1,805
Total Assets
N/A
Net Assets
N/A
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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
2018
Legal Domicile
DE
Principal Officer
WILLIAM A PHILLIPS
Phone
5186693503
Tax Period
2019-07-01 to 2020-06-30

FUTURE GENERATIONS ADVOCACY PROJECT INC, founded in 2018, is a micro nonprofit that reported $724 in total revenue in fiscal year 2019. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $2K exceeded revenue, resulting in a 149% operating deficit.

Mission

EDUCATE THE PUBLIC AND ADVOCATE FOR FISCALLY RESPONSIBLE LAWS AND ECONOMIC GROWTH IN CONNECTICUT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $724
TOTAL REVENUE $724

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,805
Other Expenses $1,805
TOTAL EXPENSES $1,805

Year-over-Year Comparison

2019 2018 Change
Revenue $724 $102,095 -1.0%
Expenses $1,805 $200,892 -1.0%
Net Income $-1,081 $-98,797 -1.0%
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
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM A PHILLIPS CHAIRMAN 25.00
Officer Director
$0 $0 $0
JOHN GIANUKAKIS TREASURER 0.50
Officer Director
$0 $0 $0
JILL SHAHEN SECRETARY 0.50
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
2020 $724 $1,805 No data $-1,081
2019 $102,095 $200,892 $1,082 $-98,797
2018 $224,500 $127,621 $141,447 $96,879
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