Winning Futures

Organization Overview

Winning Futures, operating under the name Mentoring Solutions, is located in Warren, MI. The organization was established in 2005. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2021, Mentoring Solutions employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mentoring Solutions 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 12/2021, Mentoring Solutions generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE EMPOWER HIGH SCHOOL AND COLLEGE STUDENTS TO ACHIEVE THE LIFE THEY DREAM OF THROUGH OUR SEVEN-YEAR WORKFORCE PREP AND MENTORING PROGRAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WINNING FUTURES IMPLEMENTED THE WINNING FUTURES WORKFORCE PREP PROGRAM FOR STUDENTS IN 10TH - 12TH GRADE PLUS FOR ALUMNI NOW IN COLLEGE. WE FACILITATED BOTH VIRTUAL AND IN-PERSON PROGRAMMING AT SIX HIGH SCHOOLS IN METRO DETROIT WITH BI-WEEKLY OR MONTHLY MENTORING SESSIONS ALONG WITH WORKSHOPS. OUR COLLEGE STUDENTS PARTICIPATED IN MONTHLY VIRTUAL MEETINGS WITH THEIR MENTORS WHILE AT COLLEGE. PAID COLLEGE SCHOLARSHIPS FOR STUDENTS WHICH WERE AWARDED IN THE CURRENT AND PRIOR YEARS.


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Board, Officers & Key Employees

Name (title)Compensation
Kris Marshall
President
$128,700
Jennette Smith Kotila
Secretary
$0
Frank Orsini
Vice Chair
$0
Scott Rice
Chair
$0
Sandra Shecter
Treasurer
$0
Terrence Bishop
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$295,672
Related organizations$0
Government grants $164,825
All other contributions, gifts, grants, and similar amounts not included above$928,042
Noncash contributions included in lines 1a–1f $48,441
Total Revenue from Contributions, Gifts, Grants & Similar$1,388,539
Total Program Service Revenue$18,000
Investment income $91,880
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$50,918
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,447,501

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Winning Futures has recieved totaling $50,000.

Awarding OrganizationAmount
Elaine And Leo Stern Foundation

Southfield, MI

PURPOSE: TO SUPPORT THE SCHOOL BASED MENTORING PROGRAM

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,538,440
Earnings$229,564
Net Contributions$100,000
Ending Balance$1,868,004

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