Living Into The Future Foundation
- Assets
- $1.4m
- Revenue
- $22.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Gardena, CA
- Founding
- 02/1997
- Data as of
- 06/2023
- EIN
- 33-0718915
Organization Overview
Living Into The Future Foundation is located in Gardena, CA. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Into The Future 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 06/2023, Living Into The Future Foundation generated $22.2k 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 (12.5%) each year. All expenses for the organization totaled $81.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Living Into The Future Foundation has awarded 55 individual grants totaling $372,056. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE INDIVIDUAL EMPOWERMENT THROUGH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINISTRY SUPPORT
YOUTH ACTIVITIES
SPECIAL PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Shimotsu President | Officer | 20 | $0 |
Earl Butler Vice President | Officer | 20 | $0 |
Richard Kuyama Finance Chair | Officer | 10 | $0 |
Neva Johnson Treasurer | Officer | 15 | $0 |
Name Not Listed Secretary | Officer | 10 | $0 |
Lesa Smith Executive Director | Officer | 20 | $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 | $22,164 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,164 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $22,164 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,500 |
| 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. | $15,000 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $125 |
| Office expenses | $0 |
| Information technology | $2,935 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,376 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $140 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $81,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,324 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,333,182 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,395,506 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,395,506 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,395,506 |
Grants Awarded
Over the last fiscal year, Living Into The Future Foundation has awarded $20,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WESLEY FOUNDATION PURPOSE: Sustaining | $5,000 |
WESLEY UMC PURPOSE: Sustaining | $5,000 |
SOLA COMMUNITY PEACE CTR PURPOSE: Sustaining | $5,000 |
ST MARK UMC LA PURPOSE: Sustaining | $5,000 |