Overview
What is Futures And Options Inc?
Futures and Options Inc, based in New York City, is a dedicated nonprofit organization that strives to empower underrepresented youth, primarily of color and from historically marginalized communities. Their mission is to equip these young individuals with transferable professional skills, encourage higher education, and prepare them for success in the 21st-century global economy. They achieve this by collaborating with local employers to provide career development opportunities, such as the Career Essentials program and internships. In the 2022 fiscal year, they reached 312 high school students through Career Essentials and 296 students through internships. The college guidance initiative offered support to 215 students. Futures and Options also organizes events to help alumni apply the skills they acquired to their post-secondary pathways, bridging the gap between high school and college. Their On the Road program brings their expertise and programming directly to schools and nonprofit organizations, benefiting over 450 young people each year. With a workforce of 275, Futures and Options is committed to guiding New York City's youth toward successful futures.
Official website here: www.futuresandoptions.org/fao/
Is Futures And Options Inc legitimate?
Futures And Options Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futures And Options Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $301,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,619,888
For more financial information, click here
Official website here: www.futuresandoptions.org/fao/
What is the mission statement of Futures And Options Inc?
Futures and Options Inc's mission is centered around empowering underprivileged youth in New York City. Through career development and supervised internships, the organization offers youth access to the economic mainstream, providing work readiness training and support from caring adults. Simultaneously, private and nonprofit businesses are connected to a diverse pool of motivated and talented young individuals. The organization reaches out to teenagers during a formative stage of their lives, guiding them towards furthering their education and becoming active contributors to society. Futures and Options Inc serves over 2,000 students.
Official website here: www.futuresandoptions.org/fao/
Who is the CEO of Futures And Options Inc?
Carolyn Silver is the Chair of Futures And Options Inc.
Official website here: www.futuresandoptions.org/fao/
What is the revenue of Futures And Options Inc?
Futures And Options Inc's revenue in 2022 was $4,437,434.
Official website here: www.futuresandoptions.org/fao/
Who are the executives of Futures And Options Inc and what are their salaries?
The average compensation at Futures And Options Inc during 2022 was $6,988. There are 275 employees and 363 volunteers at Futures And Options Inc.
Here are 31 key members and their salaries:
- Patricia S Machir (Executive Director (Former 11/2021))
- Carolyn Silver (Executive Director (Eff. 05/2021))
- Stephen E Hessler (Chair) [Trustee/Director]
- Cathy Bendert (Vice Chair) [Trustee/Director]
- Lisa Grushkin (Vice Chair) [Trustee/Director]
- Paul Zemsky (Vice Chair) [Trustee/Director]
- Erin Murphy (Secretary) [Trustee/Director]
- Christopher M Snyder (Treasurer) [Trustee/Director]
- Ben Schrag (Director)
- Chitrang Purani (Director)
- Colleen Hsia (Director)
- Daniel Magliocco (Director)
- Daniel Pombo (Director)
- Daniel Tannebaum (Director)
- Dave Miller (Director)
- David Johnston (Director)
- David Trucano (Director)
- Efrem Sigel (Director)
- Jason New (Director)
- Jennifer O'Neil (Director)
- John Thompson (Director)
- Kris Hansen (Director)
- Matthew Settle (Director)
- Paul Teske (Director)
- Roopesh Shah (Director)
- Ryan Schneider (Director)
- Stephen Goldstein (Director)
- Thane Carlston (Director)
- W Greg Thonsen (Director)
- William Iwaschuk (Director)
- Wray Thorn (Director)
Official website here: www.futuresandoptions.org/fao/
Where can I find the form 990 for Futures And Options Inc?
The Futures And Options Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.futuresandoptions.org/fao/
Learn more at the official website: www.futuresandoptions.org/fao/
Mission Statement of Futures And Options Inc
Futures and Options Inc, a nonprofit organization, is dedicated to empowering New York City's underprivileged youth. Their mission is to guide these young individuals towards furthering their education and ultimately integrating into the economic mainstream. They achieve this by offering career development programs and mentored internships. Through these initiatives, Futures and Options Inc provides youth with the necessary access to work readiness training and support from caring adults. By reaching out to teenagers at a crucial stage in their lives, the organization aims to guide them towards pursuing their education and becoming valuable contributors to society. Ultimately, Futures and Options Inc connects promising, motivated, and diverse youth with private and nonprofit businesses, creating a pipeline of talented individuals for these organizations. With over 2,000 students served, Futures and Options Inc is making a significant impact on the lives of New York City's youth.
Impact
This information is meant to be a general summary of Futures And Options Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Futures And Options Inc's impact is significant in empowering underserved youth in New York City to explore careers, acquire transferable professional skills, pursue higher education, and compete in the global 21st-century economy. Through programs like Career Essentials, Internship Program, College Guidance Initiative, and Alumni Engagement, they provide crucial work readiness training, mentorship, and support to over 2,000 students annually.
By collaborating with NYC employers, Futures And Options Inc creates transformative career development opportunities for young people, helping them succeed in college and inspiring them to pursue meaningful careers. Their initiatives reach students from historically underrepresented communities, particularly youth of color, bridging the gap between high school and college through hands-on experiences and guidance.
Overall, Futures And Options Inc plays a vital role in shaping the future of NYC's youth by offering practical skills, mentorship, and opportunities that prepare them for success in the workforce and beyond.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$739,805
Organization Details
Founding Year
1999
Phone
(212) 601-0002
Principal Officer
Carolyn Silver
Main Address
111 BROADWAY 1602, NEW YORK, NY, 10006
NTEE Category
Code: B90 - Education
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