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Future Foundation Inc

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

EIN: 582636418 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Future Foundation Inc?

Future Foundation Inc, established in Atlanta, Georgia, since 2001, is a nonprofit organization committed to breaking the cycle of generational poverty. By acting as a supportive network, they offer young individuals opportunities for personal growth and skill development. Their focus areas include relationships, health, life skills, academics, and family, ensuring both generations can progress together. The organization's mission is to level the playing field for youth trapped in poverty, providing them with new experiences and reinforcing essential skills for thriving in adulthood. With a workforce of 72 individuals, Future Foundation Inc operates in Atlanta, offering resources and support to help young people overcome generational poverty.


Official website here: www.future-foundation.com

Is Future Foundation Inc legitimate?

Future Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Foundation 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: $179,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $707,694

For more financial information, click here


Official website here: www.future-foundation.com

What is the mission statement of Future Foundation Inc?

The Future Foundation Inc is dedicated to leveling the playing field for youth trapped in a cycle of poverty. By functioning as an additional family, the organization provides them with new experiences and reinforces essential skills needed for thriving in adulthood. Since its establishment in 2001, the Foundation has focused on five interconnected areas of young people's lives, namely relationships, health, life skills, academics, and family. By offering relevant resources to their families as well, both generations can make progress together, ultimately aiming to dismantle the persistent cycle of generational poverty.


Official website here: www.future-foundation.com

Who is the CEO of Future Foundation Inc?

Ronnette Smith is the Founder of Future Foundation Inc. The CEO's salary of Future Foundation Inc is $0 and their total compensation is $0.


Official website here: www.future-foundation.com

What is the revenue of Future Foundation Inc?

Future Foundation Inc's revenue in 2022 was $1,811,859.


Official website here: www.future-foundation.com

Who are the executives of Future Foundation Inc and what are their salaries?

The average compensation at Future Foundation Inc during 2022 was $12,323. There are 72 employees at Future Foundation Inc.

Here are 9 key members and their salaries (Future Foundation Inc's CEO's salary is $0 and their total compensation is $0):

    Julius Shareef Abdur-Rahim (Founder) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Harnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Felicia Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Imara Canady (Gov. Committee & Board Cha) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pia Forbes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeetendra Kumar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenn Leahy (Marketing Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonas Rhoden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Tyson (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.future-foundation.com

    Where can I find the form 990 for Future Foundation Inc?

    The Future Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.future-foundation.com

    Learn more at the official website: www.future-foundation.com

    Mission Statement of Future Foundation Inc

    Future Foundation Inc, a nonprofit organization, strives to even out the opportunities for youth trapped in a cycle of generational poverty. By functioning as an alternative family, the foundation offers new experiences and reinforces vital skills needed to thrive in adulthood. Since its inception in 2001, Future Foundation Inc has concentrated on five crucial aspects of young individuals' lives: relationships, health, life skills, academics, and family. The organization extends its resources to their families as well, enabling both generations to make strides together. The ultimate goal of Future Foundation Inc is to put an end to the persistent cycle of poverty in Atlanta.

    Impact

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




    Saturday, July 20, 2024

    Future Foundation Inc's impact lies in leveling the playing field for youth caught in a cycle of generational poverty by serving as a second family, providing exposure to new experiences, and reinforcing the skills needed to thrive in adulthood. Since 2001, the foundation has focused on critical aspects of young people's lives - relationships, health, life skills, academics, and family. By offering resources to both the youth and their families, Future Foundation Inc aims to make progress together with the ultimate goal of ending the pervasive cycle of generational poverty in Atlanta.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,811,859

    • Assets and Liabilities:
  • Total Assets: $450,870
  • Total Liabilities: $235,202
  • Net Assets: $215,668
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Ronnette Smith

    Main Address

    1892 WASHINGTON ROAD, ATLANTA, GA, 30344

    NTEE Category

    Code: O50 - Youth development

    If you are a representative of Future Foundation Inc 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.