nonprofit logo

Futures In Education

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205496382 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Futures In Education?

Futures In Education is a nonprofit organization based in Brooklyn, New York, specifically at 243 Prospect Park West, 11215. Their primary mission is to make a high-quality Catholic education accessible to families in financial need. They achieve this by offering partial scholarships to students in pre-K to 8th grade enrolled in Catholic grammar schools in Brooklyn and Queens. In fiscal year 2022, they aided 2,131 students with scholarships totaling $2,415,033. Their purpose extends beyond financial assistance, as they also aim to ensure a Catholic education remains an option for future generations in Brooklyn and Queens, regardless of a family's income or background. They accomplish this through endowment funds and fundraising programs focused on educational priorities.


Official website here: www.futuresineducation.org

Is Futures In Education legitimate?

Futures In Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futures In Education 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: $0
Professional Fundraising Fees: $19,215
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.futuresineducation.org

What is the mission statement of Futures In Education?

Futures In Education's mission is focused on ensuring that a high-quality educational opportunity remains accessible to deserving students, regardless of their background or financial situation, in Brooklyn and Queens. The organization achieves this by offering endowment funds and participating in fundraising programs that prioritize crucial educational needs. These initiatives primarily focus on providing tuition assistance, supporting programs, and funding capital projects for the neediest Catholic elementary and secondary students and schools in these two boroughs. The vision of Futures In Education is to ensure that any student who aspires to receive a faith-based education in the Catholic tradition, regardless of their family's income or background, will have the opportunity to do so, maintaining the affordability of these schools for families within the diocese.


Official website here: www.futuresineducation.org

Who is the CEO of Futures In Education?

John Notaro is the Chairperson of Futures In Education.


Official website here: www.futuresineducation.org

What is the revenue of Futures In Education?

Futures In Education's revenue in 2022 was $8,418,003.


Official website here: www.futuresineducation.org

Who are the executives of Futures In Education and what are their salaries?

Here are 29 key members and their salaries:

    Ms Veronica Tsang (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert F Gartland (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Paul Aguggia (Trustee Thru January 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bishop Robert J Brennan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert B Catell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Msgr David L Cassato (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Martin Cottingham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Regina Dedick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Most Rev Nicholas Dimarzio (Trustee Thru December 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John G Duane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Thomas Flood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Christian Garcia (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Msgr Jamie J (Gigantiello Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Louis Grassi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William J Hogan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Willaim Maier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joseph Mattone Sr Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Donna Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Ana Oliveira (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Lester J Owens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Roseann Paradiso Fodera (Esq. Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon A Gail Prudenti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Carmine Rubino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joseph Sciame (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Carlo A Scissura Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Steven Stella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John Notaro (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Aida Torres (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Nicole Steinweiss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.futuresineducation.org

    Where can I find the form 990 for Futures In Education?

    The Futures In Education’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.futuresineducation.org

    Learn more at the official website: www.futuresineducation.org

    Mission Statement of Futures In Education

    Futures In Education, a nonprofit organization, is committed to ensuring that the gift of a high-quality education remains a viable option for future generations of students in Brooklyn and Queens. The mission of Futures In Education is twofold. Firstly, it aims to provide supplemental funding for tuition assistance, program support, and capital projects to the neediest Catholic elementary and secondary students and schools in these two boroughs. This financial aid enables families, irrespective of their income, race, religion, or background, to afford a faith-based education in the Catholic tradition.

    Secondly, Futures In Education envisions a future where any student in Brooklyn or Queens who desires a quality, faith-based education in the Catholic tradition can access it. By keeping schools affordable and available, the organization seeks to break down financial barriers and promote educational equality. In essence, Futures In Education is dedicated to supporting the education of deserving students, regardless of their religious denomination, ensuring that the gift of education continues to transform lives in Brooklyn and Queens.

    Impact

    This information is meant to be a general summary of Futures In Education. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Futures In Education's impact is significant in ensuring that deserving students in Brooklyn and Queens have access to an excellent Catholic education. They provide assistance to the neediest students, regardless of their religious denomination, through endowment funds and fundraising programs focused on key educational priorities. The organization's Diocese of Brooklyn Scholarship Program offers partial scholarships to families in financial need, making quality Catholic education available to as many students as possible. In the fiscal year 2022, they awarded scholarships to 2,131 students totaling $2,415,033. The vision of Futures In Education is to ensure that any student in Brooklyn or Queens who desires a quality, faith-based education in the Catholic tradition can obtain one, regardless of their family's income, race, religion, or background. They play a crucial role in keeping schools available and affordable to ensure access to education for all.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $546,999
  • Program Service Revenue: $0
  • Gross Receipts: $9,744,477

    • Assets and Liabilities:
  • Total Assets: $11,513,350
  • Total Liabilities: $2,561,667
  • Net Assets: $8,951,683
  • Organization Details

    Founding Year

    2006

    Principal Officer

    John Notaro

    Main Address

    243 PROSPECT PARK WEST, BROOKLYN, NY, 11215

    NTEE Category

    Code: B12 - Education

    If you are a representative of Futures In Education and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.