Nuestro Futuro Inc
- Assets
- $14.3m
- Revenue
- $9.2m
- Investments
- $6.0m
- Employees
- 0
- Location
- Haiku, HI
- Founding
- 06/2000
- Data as of
- 12/2023
- EIN
- 11-3522771
Organization Overview
Nuestro Futuro Inc is located in Haiku, HI. The organization was established in 2000. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nuestro Futuro Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Nuestro Futuro Inc generated $9.2m in total revenue. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 34.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Nuestro Futuro Inc has awarded 156 individual grants totaling $5,853,857. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NUESTRO FUTURO IS BUILDING COMMUNITY,PROVIDING FOOD ASSISTANCE, FUNDING EDUCATION,YOUTH PROGRAMS AND ADDICTION TREATMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Hagedorn President, Director | 5 | $0 | |
Miriam Trahan Vice President, Treasurer | 15 | $24,000 | |
Abigail Perrin Executive Director | 40 | $165,000 | |
Jomarie Tyrell Director | 2 | $0 | |
Lehn Huff Secretary | 5 | $0 | |
Joan Conway Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,610,000 |
| Interest on Savings | $8 |
| Dividends & Interest | $156,288 |
| Net Rental Income | -$42,412 |
| Net Gain on Sale of Assets | $220,144 |
| Capital Gain Net Income | $588,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,155,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $189,000 |
| Other employee salaries and wages | $16,379 |
| Pension plans, employee benefits | $26,544 |
| Interest | $0 |
| Taxes | $23,425 |
| Depreciation | $41,017 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,006 |
| Printing and publications | $0 |
| Other expenses | $495,795 |
| Total operating and administrative expenses | $943,751 |
| Contributions, gifts, grants paid | $520,881 |
| Total expenses and disbursements | $1,464,632 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,854 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,029 |
| Net Investments - land, buildings, equipment | $8,068,983 |
| Investments—mortgage loans | $0 |
| Investments—other | $592,480 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,265,177 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $170,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $53,725 |
| Total liabilities | $223,725 |
Grants Awarded
Over the last fiscal year, Nuestro Futuro Inc has awarded $869,081 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
COMMON GROUND COLLECTIVE PURPOSE: GENERAL TAX EXEMPT PURPOSE | $85,000 |
FRIENDS OF THE CHILDREN'S JUSTICE CENTER PURPOSE: GENERAL TAX EXEMPT PURPOSE | $1,585 |
HAWAII FARMERS UNION UNITED PURPOSE: GENERAL TAX EXEMPT PURPOSE | $10,000 |
GROW SOME GOOD PURPOSE: GENERAL TAX EXEMPT PURPOSE AND EDUCATIONAL PROGAMMING | $50,000 |
HAWAII HEALTH AND HARM REDUCTION CENTER PURPOSE: GENERAL TAX EXEMPT PURPOSE | $15,000 |
HAWAII PUBLIC RADIO PURPOSE: GENERAL TAX EXEMPT PURPOSE | $10,000 |