Futures Unlimited Inc
- Assets
- $3.2m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 146
- Location
- Pontiac, IL
- Founding
- 08/1971
- Data as of
- 06/2024
- EIN
- 37-0921907
Organization Overview
Futures Unlimited Inc is located in Pontiac, IL. The organization was established in 1971. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2024, Futures Unlimited Inc employed 146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Futures Unlimited 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 06/2024, Futures Unlimited Inc generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $4.7m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE PERSONS WITH DISABILITIES, PRIMARILY IN LIVINGSTON COUNTY, ILLINOIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DAY SERVICES
OTHER PROGRAM SERVICES
EMPLOYMENT SERVICES
RESIDENTIAL PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Mcnamara Vice President | OfficerTrustee | 2 | $0 |
Dan Fry Director | Trustee | 1 | $0 |
Laura Baumgardner Director | Trustee | 1 | $0 |
Brad Gulliford Director | Trustee | 1 | $0 |
Larry Martell Director | Trustee | 1 | $0 |
Ella Bellot Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $340,799 |
| All other contributions, gifts, grants, and similar amounts not included above | $540,922 |
| Noncash contributions included in lines 1a–1f | $186,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $881,721 |
| Total Program Service Revenue | $3,047,519 |
| Investment income | $65,163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,625 |
| Net Gain/Loss on Asset Sales | -$5,310 |
| Net Income from Fundraising Events | $39,420 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,033,029 |
| 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. | $180,830 |
| Compensation of current officers, directors, key employees. | $41,591 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,422,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $493,654 |
| Payroll taxes | $194,776 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,700 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $159,649 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,552 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,652 |
| Insurance | $0 |
| All other expenses | $29,711 |
| Total functional expenses | $4,698,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $553,156 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $711,587 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $61,865 |
| Prepaid expenses and deferred charges | $5,810 |
| Net Land, buildings, and equipment | $1,703,693 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,562 |
| Other assets | $204,269 |
| Total assets | $3,245,942 |
| Accounts payable and accrued expenses | $405,673 |
| 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 | $204,269 |
| Total liabilities | $609,942 |
| Net assets without donor restrictions | $2,636,000 |
| 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 | $3,245,942 |