Future Focus Foundation
- Assets
- $17.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 12/2009
- Data as of
- 12/2020
- EIN
- 27-0938465
Organization Overview
Future Focus Foundation is located in Lynchburg, VA. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Focus Foundation 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 12/2020, Future Focus Foundation generated $15.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $14.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (19.4%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
FUTURE FOCUS PARTICIPATES IN THE GOVERNOR'S STEM ACADEMY/XLR8 ACADEMY, SPONSORS THE RANDOLPH CODING CAMPUS, THE CENTRAL VA REGIONAL SCIENCE FAIR, VEX ROBOTICS EVENT AND FIRST/JR. FIRST LEGO LEAGUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Saxon Director | 1 | $0 | |
Elizabeth Narehood President | 1 | $0 | |
Lani Patrick Secretary | 1 | $0 | |
Susan Cash Treasurer | 1 | $0 | |
Cheryl Giggetts Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,045 |
| Total Program Service Revenue | $4,383 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,428 |
| 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 | $3,241 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,094 |
| Total expenses | $14,335 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,758 |
| Other assets | $0 |
| Total assets | $17,758 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,758 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Focus Foundation has recieved totaling $5,500.
| Awarding Organization | Amount |
|---|---|
Greater Lynchburg Community Foundation Lynchburg, VA PURPOSE: "DRIVE-IN STEM" EDUCATION SERVICES | $5,500 |
Peer Organizations
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|---|---|---|
American Federation For Children Growth Fund Inc Columbia, MD | $9,265,288 | $14,325,717 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
A Wider Circle Inc Silvers Spring, MD | $9,165,754 | $9,301,796 |
Anne Arundel Community College Foundation Inc Arnold, MD | $29,078,784 | $4,871,771 |
Success For All Foundation Inc Baltimore, MD | $3,571,160 | $7,960,925 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
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American Constitution Society For Law And Policy Washington, DC | $6,124,680 | $5,609,154 |
American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Qm Quality Matters Annapolis, MD | $7,257,264 | $7,473,612 |