Millennial Action Project Dba Future Caucusa
- Assets
- $4.8m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 16
- Location
- Washington, DC
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-2802851
Organization Overview
Millennial Action Project Dba Future Caucusa, operating under the name Future Caucus, is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Future Caucus employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Caucus 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 12/2023, Future Caucus generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 15.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FUTURE CAUCUS HAS AN AUDACIOUS MISSION: ACTIVATE YOUNG LEADERS TO BRIDGE THE PARTISAN DIVIDE AND TRANSFORM AMERICAN POLITICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUTURE CAUCUS CURRENTLY OPERATES 34 STATE FUTURE CAUCUS CHAPTERS, CO-CHAIRED BY 2 BIPARTISAN YOUNG LAWMAKERS. THE STATE FUTURE CAUCUS NETWORK IS DEDICATED TO FOSTERING A SPACE TO CULTIVATE CONNECTION, DIALOGUE, AND FERTILE GROUND FOR COLLABORATIVE POLICYMAKING. EACH CAUCUS PURSUES A BIPARTISAN POLICY AGENDA THAT PROPOSES SOLUTIONS TO THE PROBLEMS THAT WILL IMPACT FUTURE GENERATIONS. FUTURE CAUCUS ALSO HELPS CONNECT STATE LAWMAKERS IN THE FUTURE CAUCUS NETWORK TO PEERS ACROSS STATE LINES THROUGH VIRTUAL AND IN-PERSON PROGRAMMING.
FUTURE CAUCUS LEADS EFFORTS TO ORGANIZE THE CONGRESSIONAL FUTURE CAUCUS, OUR NATION'S FIRST AND ONLY BIPARTISAN CAUCUS FOR YOUNG MEMBERS OF CONGRESS, AND ITS HILL STAFF COUNTERPART, THE 270+ MEMBER MILLENNIAL ACTION STAFF ASSOCIATION. REPRESENTATIVES SARA JACOBS (D-CA) AND BLAKE MOORE (R-UT), WHO PREVIOUSLY CO-CHAIRED THE 117TH CONGRESS' FUTURE CAUCUS, GARNERED ATTENTION AS SOME OF THE MOST EFFECTIVE FRESHMAN MEMBERS IN 2021.
IN SEPTEMBER 2023, FUTURE CAUCUS LAUNCHED THE INNOVATION LAB. THE INNOVATION LAB SERVES AS A HUB FOR POLICY EDUCATION AND BRIDGE-BUILDING ON THE ISSUES THAT MATTER MOST TO THE NEXT GENERATION AND THE FUTURE OF OUR DEMOCRACY. AS PART OF THE INNOVATION LAB, FUTURE CAUCUS ALSO LAUNCHED THREE INNOVATION FELLOWSHIPS TO CULTIVATE THE NEXT GENERATION OF NATIONAL LEADERS WITH THE SKILLS TO BUILD BIPARTISAN COALITIONS AND PASS EFFECTIVE LEGISLATION. IN THIS PROGRAM'S INAUGURAL YEAR, FUTURE CAUCUS HAD 29 INNOVATION FELLOWS WHO FOCUSED ON THREE ISSUE AREAS WITH THE HELP OF MORE THAN 25 EXPERT MENTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Layla Zaidane President & CEO | OfficerTrustee | 40 | $212,646 |
Rochelle Coburn Chief Operating Officer | Officer | 40 | $124,753 |
Nicholas Maschari Board Member And Chair | Trustee | 1 | $0 |
Ellen Kim Board Member And Treasurer | Trustee | 1 | $0 |
David Burd Board Member And Secretary | OfficerTrustee | 1 | $0 |
Jose Felix Diaz Board Member | Trustee | 1 | $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 | $3,356,401 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,356,401 |
| Total Program Service Revenue | $1,250 |
| Investment income | $115,645 |
| 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 | $3,473,296 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,226,742 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $112,730 |
| Payroll taxes | $97,881 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,481 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $315,592 |
| Advertising and promotion | $130,545 |
| Office expenses | $52,941 |
| Information technology | $74,367 |
| Royalties | $0 |
| Occupancy | $76,698 |
| Travel | $174,036 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $133,523 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,807 |
| Insurance | $4,031 |
| All other expenses | $0 |
| Total functional expenses | $2,426,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,964,322 |
| Savings and temporary cash investments | $1,868,298 |
| Pledges and grants receivable | $140,518 |
| 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 | $3,390 |
| Net Land, buildings, and equipment | $16,077 |
| Investments—publicly traded securities | $846,232 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,838,837 |
| Accounts payable and accrued expenses | $197,950 |
| 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 | $197,950 |
| Net assets without donor restrictions | $3,786,208 |
| Net assets with donor restrictions | $854,679 |
| 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 | $4,838,837 |