Future City Inc
- Assets
- $102.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elizabeth, NJ
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 22-3613715
Organization Overview
Future City Inc is located in Elizabeth, NJ. The organization was established in 1998. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future City 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 12/2022, Future City Inc generated $65.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $63.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
VARIOUS PROJECTS INCLUDING WATER MONITORING PROJECT, CLEAN WATER WATERSHED EDUCATION, ENVIRONMENTAL PROJECTS, INCLUDING ENVIRONMENTAL DAY, HISPANIC EVENTS, HEALTHY HOMES AND NEIGHBORHOOD POJECTS, AWARENESS EVENTS AND PROJECTS WITH OTHER NOT FOR PROFITS AND COMMUNITY LEADERS,
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Savona President | 2 | $0 | |
Michelle Doran-Mcbean VP | 20 | $0 | |
Bryan Lopez Secretary | 2 | $0 | |
Glenn Lautenbach Trustee | 1 | $0 | |
Leydi Calle Treasurer | 10 | $0 | |
Anthony Angelo Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,581 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,581 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,003 |
| Occupancy, rent, utilities, and maintenance | $10,953 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $22,928 |
| Total expenses | $63,902 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,589 |
| Other assets | $0 |
| Total assets | $102,261 |
| Total liabilities | $57 |
| Net assets or fund balances | $102,204 |