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Philadelphia Futures

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

EIN: 231365983 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Philadelphia Futures?

Philadelphia Futures is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 123 S Broad St STE 850. Its primary mission is to assist low-income, first-generation-to-college students by providing them with the necessary tools, resources, and opportunities for admission to and success in higher education. This is achieved through pre-college programs such as Sponsor-A-Scholar, founded in 1990, and College Connection, launched in 2013. These programs offer a comprehensive array of services, including year-round academic enrichment, personalized college guidance, financial incentives, extracurricular clubs, gender-specific programming, and individualized staff support. Philadelphia Futures serves students attending public, public charter, and parochial high schools in the area, aiming to remove traditional barriers to college success. With a staff of 38 individuals, the organization is committed to empowering its students and helping them achieve their academic goals.


Official website here: www.philadelphiafutures.org

Is Philadelphia Futures legitimate?

Philadelphia Futures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Futures 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: $137,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,017,868

For more financial information, click here


Official website here: www.philadelphiafutures.org

What is the mission statement of Philadelphia Futures?

Philadelphia Futures' mission is to equip low-income, first-generation college students with the necessary tools, resources, and opportunities for admission to and success in higher education. Their direct service programs, including Sponsor-A-Scholar and College Connection, provide a comprehensive array of services and resources to remove traditional barriers that hinder these students from achieving college success. The organization offers year-round academic enrichment, personalized college guidance, financial incentives, extracurricular clubs and activities, gender-specific programming, and individual staff support to students attending public, charter, and parochial high schools in Philadelphia.


Official website here: www.philadelphiafutures.org

Who is the CEO of Philadelphia Futures?

Sara L Woods is the Chair of Philadelphia Futures.


Official website here: www.philadelphiafutures.org

What is the revenue of Philadelphia Futures?

Philadelphia Futures's revenue in 2022 was $5,219,514.


Official website here: www.philadelphiafutures.org

Who are the executives of Philadelphia Futures and what are their salaries?

The average compensation at Philadelphia Futures during 2022 was $56,713. There are 38 employees and 250 volunteers at Philadelphia Futures.

Here are 23 key members and their salaries:

    Sara Woods (Executive Director)
  • Compensation: $125,000
  • Related: $0
  • Other: $14,734

    • Raj Tewari (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olenga Anabui (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin R Boyle (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mimi Lurio (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart George (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pauline Abernathy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ariel Brockman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer L Daley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Darius (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrien Davenport (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Otis D Hackney Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katrina High (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Menendez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David O'Connor Esquire (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ronke Oke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey W Orlando (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Omar Crowder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melvin Pitts (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Porterfield (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Sipics (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard L Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brett Wright (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.philadelphiafutures.org

    Where can I find the form 990 for Philadelphia Futures?

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


    Official website here: www.philadelphiafutures.org

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

    Mission Statement of Philadelphia Futures

    Philadelphia Futures, a nonprofit organization, is dedicated to equipping low-income, first-generation-to-college students with the necessary tools, resources, and opportunities to gain admission to and succeed in higher education. The mission of this organization revolves around breaking down the barriers that have historically hindered these students from achieving college success. Through its direct service programs, Philadelphia Futures offers a comprehensive array of services and resources, including year-round academic enrichment, personalized college guidance, financial incentives, extracurricular clubs and activities, gender-specific programming, and individualized staff support. These pre-college programs cater to students attending Philadelphia public, public charter, and parochial high schools, aiming to level the playing field and provide these students with the same opportunities as their more affluent peers.

    Impact

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




    Thursday, August 15, 2024

    Philadelphia Futures significantly impacts low-income, first-generation-to-college students by providing them with the tools, resources, and opportunities necessary for admission to and success in college. Through their pre-college programs, such as Sponsor-a-Scholar founded in 1990 and College Connection launched in 2013, they offer a comprehensive array of services and resources that remove the traditional barriers preventing these students from achieving college success. Their programs serve students from Philadelphia public, public charter, and parochial high schools, offering year-round academic enrichment, personalized college guidance, financial incentives, extracurricular clubs and activities, gender-specific programming, and individualized staff support. Overall, Philadelphia Futures plays a vital role in empowering and supporting disadvantaged students on their path to higher education.





    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: $830,153
  • Program Service Revenue: $0
  • Gross Receipts: $6,994,049

    • Assets and Liabilities:
  • Total Assets: $13,898,417
  • Total Liabilities: $447,068
  • Net Assets: $13,451,349
  • Organization Details

    Founding Year

    1802

    Principal Officer

    Sara L Woods

    Main Address

    123 S BROAD ST STE 850, PHILADELPHIA, PA, 19109

    NTEE Category

    Code: B91Z - Education

    If you are a representative of Philadelphia Futures 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.