Future Choices Inc
- Assets
- $2.7m
- Revenue
- $998.1k
- Investments
- $0.0
- Employees
- 16
- Location
- Muncie, IN
- Founding
- 04/1996
- Data as of
- 09/2020
- EIN
- 35-1967070
Organization Overview
Future Choices Inc is located in Muncie, IN. The organization was established in 1996. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Future Choices Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Choices 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 09/2020, Future Choices Inc generated $998.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $952.6k during the year ending 09/2020. While expenses have increased by 2.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO PROVIDE UNLIMITED OPTIONS FOR MINORITIES, YOUTH, AND HOOSIERS WITH DISABILITIES. THE ORGANIZATION IS AN OPEN DOOR, CALL IN SERVICE PROVIDER THAT VALUES THE DIGINITY OF EVERY PERSON REGARDLESS OF RACE, COLOR, RELIGION, SEX, FAMILY STATUS, NATIONAL ORIGIN AND DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTER FOR INDEPENDENT LIVING ARE COMMUNITY-BASED, CROSS DISABILITY, NON-PROFIT ORGANIZATIONS THAT ARE DESIGNED AND OPERATED BY INDIVIDUALS WITH DISABILITIES. CILS ARE UNIQUE IN THAT THEY OPERATE ACCORDING TO A STRICT PHILOSOPHY OF CONSUMER CONTROL, WHEREIN PEOPLE WITH ALL TYPES OF DISABILITIES DIRECTLY GOVERN AND STAFF THE ORGANIZATION. THE CENTERS PROVIDE PEER SUPPORT, INFORMATION AND REFERRAL, INDIVIDUAL AND SYSTEMS ADVOCACY, INDEPENDENT LIVING SKILLS TRAINING AND TRANSITION. FUTURE CHOICES HAS SERVED 286 CONSUMERS ACROSS 11 COUNTIES AND ACCOMPLISHED 1294 INFORMATION AND REFERRALS DURING THE REPORTING YEAR. FUTURE CHOICES ATTENDED 60 COMMUNITY EVENTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jared Quarles Assistant Director | OfficerTrustee | 50 | $72,009 |
Beth Quarles CEO | OfficerTrustee | 50 | $58,620 |
Dee Ann Hart Member | Trustee | 1 | $0 |
Angelo Edwards Member | Trustee | 1 | $0 |
Jared Jones MD Member | Trustee | 1 | $0 |
Dana Connell Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $702,663 |
| 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 | $998,076 |
| Statement of Expenses | |
|---|---|
| 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. | $132,631 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $192,668 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,517 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,860 |
| Office expenses | $14,581 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $20,669 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,377 |
| Insurance | $36,634 |
| All other expenses | $0 |
| Total functional expenses | $952,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $834,221 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $74,856 |
| Accounts receivable, net | $83,256 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,434 |
| Total assets | $2,713,745 |
| Accounts payable and accrued expenses | $449,029 |
| 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 | $458,918 |
| Other liabilities | $0 |
| Total liabilities | $907,947 |
| 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 |
| Total liabilities and net assets/fund balances | $1,805,798 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travaux Inc Milwaukee, WI | $20,871,575 | $29,083,823 |
Housing Opportunities For Women Inc Chicago, IL | $10,302,205 | $13,644,444 |
Wings Program Inc Palatine, IL | $20,051,146 | $9,988,803 |
University Village Housing Inc Green Bay, WI | $28,254,095 | $5,543,891 |
Castle Manor Lincoln, IL | $7,321,481 | $2,363,290 |
Sheffield Place Kansas City, MO | $4,172,612 | $2,183,282 |
Christian Associates Of Table Rock Lake Kimberling City, MO | $3,003,702 | $1,607,403 |
Future Choices Inc Muncie, IN | $2,713,745 | $998,076 |
Good Samaritan Ministries A Project Of Carbondale Interfaith Council Carbondale, IL | $177,879 | $821,445 |
Silent Workers Circle Of The Intl Order Of Kings Daughters And Sons Frankfort, KY | $1,437,401 | $893,984 |
River Of Refuge Kansas City, MO | $9,897,657 | $775,029 |
Cots Inc Appleton, WI | $2,402,736 | $1,044,365 |