Funding The Future
- Assets
- $95.4k
- Revenue
- $406.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Cheyenne, WY
- Founding
- 12/2014
- Data as of
- 12/2021
- EIN
- 46-4096766
Organization Overview
Funding The Future is located in Cheyenne, WY. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Funding The Future employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Funding The Future 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, Funding The Future generated $406.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $335.6k during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LIVE MUSICIANS TEACH FINANCIAL PRINCIPLES TO TEENS THROUGH UNIQUE LIVE PERFORMANCES NATIONWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDING THE FUTURE DOES A SPRING AND FALL TOUR EACH YEAR CORRESPONDING TO THE SCHOOL SEMESTERS. IN 2021, FUNDING THE FUTURE WAS ABLE TO DELIVER OUR PROGRAM UTILIZING OUR LIVESTREAM PLATFORM TO 27 SCHOOLS AND PERFORMED LIVE IN 39 SCHOOLS ACROSS 17 STATES. THE FUNDING THE FUTURE PROGRAM DELIVERED THEIR FINANCIAL LITERACY PROGRAM TO OVER 18,105 STUDENTS IN 2021. FUNDING THE FUTURE HAS THREE PERFORMING BANDS, INCLUDING A HIP HOP BAND, A COUNTRY ALTERNATIVE ROCK GROUP AND A ROCK BAND. HAVING THREE BANDS HAS INCREASED OUR OUTREACH AND APPEAL TO STUDENTS AND EDUCATORS. STUDENTS WERE ENCOURAGED TO ASK QUESTIONS AND PARTICIPATE IN PROGRAM INTERACTION AND MANY REALLY GOOD QUESTIONS CAME FROM STUDENTS ABOUT THE IMPORTANCE OF SAVING, HANDLING CREDIT, WATCHING FOR CREDIT PITFALLS, AVOIDING PAY DAY LENDERS AND INVESTING. THIS IS FUNDING THE FUTURE'S SOLE PROGRAM AND IT IS FOCUSED ON AND TAILORED TO THE FULFILLMENT OF ITS MISSION. THE CURRICULUM IS REVIEWED EACH SEMESTER AND UPDATED REGULARLY TO REFLECT INPUT FROM TEACHERS AND SCHOOL ADMINISTRATORS TO PROVIDE THEM WITH SUPPORT FOR CONTINUING THE DISCUSSION THAT IS STARTED WITH THE LIVE PERFORMANCES. THE MUSICIANS ARE ALSO CONSTANTLY REFINING THEIR MESSAGE DELIVERY AND THEIR INTERACTIONS WITH THE STUDENTS BASED ON THEIR OBSERVATIONS FROM THE SHOWS AND FEEDBACK FROM THE STUDENTS. STUDENT FEEDBACK IS GAINED FROM THE USE OF QUIZ CARDS WHERE THE STUDENTS CAN GO ONLINE AND ANSWER THREE QUESTIONS ABOUT MONEY BASED ON WHAT THEY LEARNED FROM THE SHOW. AS AN INCENTIVE TO COMPLETE THE QUIZ CARDS, STUDENTS CAN THEN DOWNLOAD FREE SONGS FROM THE BANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alisha David Executive Director | Officer | 40 | $66,000 |
Lydia Hamilton Secretary | OfficerTrustee | 3 | $0 |
Michele Dehoff Treasurer | OfficerTrustee | 3 | $0 |
Jennifer Davidson Vice President | OfficerTrustee | 3 | $0 |
Colleen Schon President | OfficerTrustee | 3 | $0 |
Nicole Spinelli Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,910 |
| Related organizations | $0 |
| Government grants | $202,014 |
| All other contributions, gifts, grants, and similar amounts not included above | $193,764 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $406,688 |
| 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 | $258 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $406,946 |
| 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. | $66,000 |
| Compensation of current officers, directors, key employees. | $9,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,912 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $321 |
| Advertising and promotion | $8,748 |
| Office expenses | $31 |
| Information technology | $4,408 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,071 |
| 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 | $854 |
| All other expenses | $1,334 |
| Total functional expenses | $335,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,994 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,400 |
| 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 | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $95,394 |
| Accounts payable and accrued expenses | $2,755 |
| 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 | $5,520 |
| Total liabilities | $8,275 |
| Net assets without donor restrictions | $57,108 |
| Net assets with donor restrictions | $30,011 |
| 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 | $95,394 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Funding The Future has recieved totaling $20,072.
| Awarding Organization | Amount |
|---|---|
South Dakota Community Foundation Pierre, SD PURPOSE: Community welfare and betterment | $14,000 |
Wyoming Association Of Non Profit Organizations Cheyenne, WY PURPOSE: General support | $6,020 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $52 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Completely Kids Omaha, NE | $26,441,934 | $8,738,088 |
Colorado Youth For A Change Denver, CO | $1,559,265 | $5,423,176 |
Success In Education Foundation Salt Lake City, UT | $7,564,005 | $8,489,669 |
Geneva Glen Camp Incorporated Indian Hills, CO | $9,204,342 | $3,964,068 |
Illuminate Colorado Inc Denver, CO | $1,321,763 | $2,672,102 |
Liahona Academy For Youth Non Profit Organization Saint George, UT | $87,694 | $1,967,824 |
Stepping Stones International Salt Lake City, UT | $1,415,855 | $2,101,175 |
Cheyenne River Youth Project Inc Eagle Butte, SD | $6,953,670 | $4,891,646 |
Ujiri Foundation Inc Denver, CO | $1,019,174 | $1,963,081 |
Saving Moses Centennial, CO | $1,436,393 | $1,895,438 |
Big Sky Youth Empowerment Project Inc Bozeman, MT | $3,023,450 | $1,915,120 |
Larry H Miller Charities Inc Sandy, UT | $787,235 | $1,758,347 |