Future Colours Corp
- Assets
- $224.4k
- Revenue
- $275.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Clayton, CA
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 26-2436761
Organization Overview
Future Colours Corp is located in Clayton, CA. The organization was established in 2008. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Colours Corp 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, Future Colours Corp generated $275.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $257.2k during the year ending 12/2021. While expenses have increased by 6.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SPECIFIC PURPOSE OF THIS ORGANIZATION IS TO PROVIDE HEALTH CARE SERVICES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTH CARE SERVICES FOR 6 PEOPLE WITH DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ramona Rachita Secretary | Officer | 40 | $60,000 |
Nedra Biasotti President | Officer | 1 | $0 |
Helen Bendoyro Treasurer | Officer | 1 | $0 |
Carol Curtiss Board Member | Trustee | 1 | $0 |
Mike Curtiss Board Member | Trustee | 1 | $0 |
John Biasotti Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $273,570 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $275,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,788 |
| Payroll taxes | $4,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,858 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $31,136 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,792 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,678 |
| Insurance | $6,157 |
| All other expenses | $15,524 |
| Total functional expenses | $257,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,531 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,102 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $193,285 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,278 |
| Other assets | $1,190 |
| Total assets | $224,386 |
| Accounts payable and accrued expenses | $892 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $6 |
| Secured mortgages and notes payable | $127,760 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,820 |
| Total liabilities | $131,478 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $92,908 |
| Total liabilities and net assets/fund balances | $224,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Colours Corp has recieved totaling $26,312.
| Awarding Organization | Amount |
|---|---|
White Pony Express Pleasant Hill, CA PURPOSE: Eliminate hunger and poverty | $26,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Apla Health & Wellness Los Angeles, CA | $40,810,614 | $66,394,497 |
University Clinical Education & Research Associates Honolulu, HI | $34,376,733 | $53,046,336 |
Southwest Network Phoenix, AZ | $17,764,386 | $38,761,918 |
Neighborhood Health Center Portland, OR | $27,154,161 | $29,235,957 |
California Primary Care Association Sacramento, CA | $11,309,164 | $14,655,608 |
Homeless Prenatal Program Inc San Francisco, CA | $24,624,994 | $19,931,597 |
Ufw Foundation Los Angeles, CA | $8,010,755 | $14,069,050 |
Native Health Phoenix, AZ | $14,068,043 | $20,218,525 |
Access To Healthcare Network Inc Reno, NV | $8,319,862 | $17,490,060 |
Working Partnerships Usa San Jose, CA | $7,685,088 | $14,971,452 |
Memorial Medical Center Foundation Long Beach, CA | $273,488,586 | $15,793,957 |
Easterseals Northern California Walnut Creek, CA | $3,933,873 | $11,091,029 |