Embracing Futures Inc is located in Akron, OH. The organization was established in 1966. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Embracing Futures Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Embracing Futures 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 12/2021, Embracing Futures Inc generated $335.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $266.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. 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
EMBRACING FUTURES, INC. PROVIDES ORTHODONTIC BRACES TO CHILDREN WITH SEVERE ORTHODONTIC PROBLEMS, WHO ARE GROWING UP IN AN IMPOVERISHED HOUSEHOLD AND HAVE BEEN TURNED DOWN BY MEDICAID OR OTHER GOVERNMENT FUNDED PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORTHODONTIC CARE PROGRAM IS OUR CORE PROGRAM. THIS UNIQUE PROGRAM IS A REACTIVE PROCESS THAT PROVIDES ORTHODONTIC CARE FOR CHILDREN GROWING UP IN IMPOVERISHED HOUSEHOLDS WHO ARE SUFFERING FROM SEVERE ORTHODONTIC PROBLEMS AND HAVE BEEN TURNED DOWN BY MEDICAID OR OTHER GOVERNMENT FUNDED PROGRAMS. WORKING WITH COMMUNITY PARTNERS, WE FIRST IDENTIFY A CHILD, MEET WITH THE FAMILY TO VERIFY THE FINANCIAL NEED, PROVIDE TWO ORTHODONTIC EXAMS TO VALIDATE THE MEDICAL NEED, AND BRING OUR FINDINGS TO OUR BOARD OF TRUSTEES FOR A FINAL DECISION. WITH BOARD APPROVAL, WE FINANCE THE COSTS DIRECTLY WITH AN ORTHODONTIST UNTIL TREATMENT IS SUCCESSFULLY COMPLETED. THE PROCESS CONCLUDES THROUGH AN EXIT INTERVIEW WITH THE FAMILY. IN THE PAST TEN YEARS WE HAVE HELPED OVER 400 CHILDREN. WE RECOGNIZE A CHILD WHO IS SELF-CONSCIOUS ABOUT HIS OR HER TEETH MAY SHY AWAY FROM PARTICIPATING IN CLASS OR OTHER SOCIAL ACTIVITIES. CHILDREN WHO RECEIVE ORTHODONTIC TREATMENT WILL CERTAINLY BE HEALTHIER INDIVIDUALS. THEY MAY ALSO EXPERIENCE IMPROVED SELF ESTEEM AND CONFIDENCE. THIS WILL CONTRIBUTE TO THEIR BECOMING MORE PRODUCTIVE INDIVIDUALS AS THEY MOVE FROM SCHOOL INTO THEIR ADULT LIFE. DONNA SKODA, SUMMIT COUNTY PUBLIC HEALTH COMMISSIONER, STATED THE FOLLOWING: IT'S CLEAR THAT POOR ORAL HEALTH, UNTREATED ORAL DISEASES AND SEVERE ORTHODONTIC PROBLEMS HAVE A CONSIDERABLE IMPACT ON QUALITY OF LIFE, INCLUDING LOSS OF SELF-ESTEEM, POOR PERFORMANCE AT SCHOOL AND DECREASED ECONOMIC PRODUCTIVITY. YET ACCESS TO DENTAL SERVICES, INCLUDING ORTHODONTIC CARE, REMAINS THE GREATEST UNMET HEALTHCARE NEED IN SUMMIT COUNTY. MAINTAINING THE HEALTH OF YOUR TEETH AND MOUTH IS NOT MERELY A COSMETIC ACTIVITY, BUT RATHER A CRITICAL PART IN A COMPLETE HEALTHCARE PLAN AND A SMART INVESTMENT IN PHYSICAL AND EMOTIONAL HEALTH...ESPECIALLY FOR CHILDREN.
THE DR. MILTON RUBIN ORAL HEALTH EDUCATION PROGRAM IS OUR SECONDARY PROGRAM. IT WAS ESTABLISHED IN 2000 AND NAMED IN DR. RUBIN'S HONOR TO COMMEMORATE HIS SINCERE DEDICATION TO PROVIDING GOOD DENTAL CARE TO CHILDREN. THE ORIGINAL PROGRAM, CREATED BY DR. RUBIN HIMSELF, WAS INTENDED TO ENHANCE EXISTING HEALTH CLASSES IN THE AKRON PUBLIC SCHOOL SYSTEM. HIS GOAL WAS TO HELP STUDENTS DEVELOP FAVORABLE ATTITUDES TOWARD PERSONAL ORAL HEALTH HABITS THROUGH AWARENESS, EDUCATION AND DEMONSTRATION. FOLLOWING MUCH SUCCESS, THE PROGRAM HAS GROWN AND TODAY INCLUDING SCHOOL DISTRICTS (PUBLIC, PRIVATE, PAROCHIAL) IN SUMMIT , PORTAGE, STARK AND MEDINA COUNTIES. THE PROGRAM IS FREE TO SCHOOLS AND IS A GREAT WAY TO HELP YOUNG PEOPLE DEVELOP HEALTHY HABITS THAT WILL AFFECT THEM FOR A LIFETIME. IN 2021, COVID 19 PROVIDED MANY CHALLENGES IN OUR EDUCATION PROGRAMMING WITH SCHOOLS BEING OPENED AND CLOSED AND/OR ON-LINE, DEPENDING ON THE SCHOOL DISTRICT. OVERALL, OUR TEACHING TEAM TAUGHT 3,996 STUDENTS IN 53 SCHOOLS, 19 OF WHICH WERE IN-CLASS PRESENTATIONS. THE REMAINING 34 WERE A COMBINATION OF VIDEO AND ZOOM PRESENTATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark W Fairhurst Executive Di | Officer | 40 | $74,909 |
Steven Cox Chair | OfficerTrustee | 2 | $0 |
Douglas Gormley Vice-Chair | OfficerTrustee | 2 | $0 |
Carl Grzeschik Treasurer | OfficerTrustee | 2 | $0 |
Stephanie Kormanec Secretary | OfficerTrustee | 2 | $0 |
Jennifer Denee Trustee | Trustee | 1 | $0 |
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 | $283,158 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $283,158 |
Total Program Service Revenue | $5,700 |
Investment income | $44,535 |
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 | $335,745 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $105,867 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $77,019 |
Compensation of current officers, directors, key employees. | $16,174 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $39,498 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,517 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $16,656 |
Fees for services: Other | $93 |
Advertising and promotion | $119 |
Office expenses | $727 |
Information technology | $2,072 |
Royalties | $0 |
Occupancy | $2,691 |
Travel | $2,141 |
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 | $0 |
Insurance | $1,170 |
All other expenses | $314 |
Total functional expenses | $266,739 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $56,019 |
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 | $2,338,029 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $29,617 |
Total assets | $2,423,665 |
Accounts payable and accrued expenses | $5,540 |
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 | $5,540 |
Net assets without donor restrictions | $2,339,474 |
Net assets with donor restrictions | $78,651 |
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 | $2,423,665 |
Over the last fiscal year, we have identified 18 grants that Embracing Futures Inc has recieved totaling $162,435.
Awarding Organization | Amount |
---|---|
The Robert O Orr And Annamae Orr Family Foundation Copley, OH PURPOSE: PROGRAM SUPPORT | $30,000 |
Lehner Family Foundation Akron, OH PURPOSE: ORTHODONTIC CARE PROGRAM | $20,000 |
Babcox Family Foundation Inc Akron, OH PURPOSE: ORTHODONTIC CARE PROGRAM FOR 3 CHILDREN | $18,000 |
Health Foundation Of Greater Massillon Canton, OH PURPOSE: HEALTHCARE ACTIVITES | $11,718 |
Akron Community Foundation Akron, OH PURPOSE: SPENDABLE INCOME FOR THE QUARTER ENDING JUNE 30, 2021 | $11,708 |
Mary S & David C Corbin Foundation Akron, OH PURPOSE: PROGRAM SUPPORT | $11,000 |
Beg. Balance | $2,117,561 |
Earnings | $278,741 |
Admin Expense | $16,656 |
Grants | $12,000 |
Ending Balance | $2,367,646 |
Organization Name | Assets | Revenue |
---|---|---|
Licking Memorial Professional Corporation Newark, OH | $22,762,276 | $47,650,568 |
Mclaren Health Management Group Davison, MI | $97,591,258 | $95,427,508 |
University Medical Diagnostic Associates Inc Indianapolis, IN | $57,232,311 | $87,451,887 |
Cherry Street Services Inc Grand Rapids, MI | $88,865,093 | $84,792,038 |
Greater Philadelphia Health Action Philadelphia, PA | $86,083,655 | $90,116,312 |
Community Health Associates Inc Galion, OH | $8,085,875 | $50,228,840 |
Hillsdale Community Health Center Hillsdale, MI | $70,560,868 | $75,764,555 |
Goshen Health System Inc Goshen, IN | $13,380,075 | $68,845,777 |
Great Lakes Bay Health Centers Saginaw, MI | $43,109,994 | $68,616,758 |
Hopewell Health Centers Inc Chillicothe, OH | $48,966,923 | $74,549,175 |
St Joseph Medical Group Reading, PA | $5,215,799 | $64,685,081 |
Family Care Centers Inc East Stroudsburg, PA | $18,451,872 | $36,100,173 |