Future Of School Inc
- Assets
- $0.0
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Castle Rock, CO
- Founding
- Data as of
- 06/2021
- EIN
- 47-3986046
Organization Overview
Future Of School Inc is located in Castle Rock, CO. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Of School 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 06/2021, Future Of School Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $1.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS TUITION-BASED SCHOLARSHIPS TO STUDENTS GRADUATING FROM ACCREDITED HIGH SCHOOL PROGRAMS GOING ON TO A VARIETY OF HIGHER-ED SCHOOLS IN THE U.S. 55 PERSONS BENEFITED IN 2018.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Gifford Director | 5 | $0 | |
Linda Lopez Treasurer | 5 | $0 | |
Wayne Lewis Director | 5 | $0 | |
Robyn Bagley Secretary | 5 | $0 | |
Kevin Chavous Director | 10 | $0 | |
Rod Paige Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,519,706 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,519,706 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $72,117 |
| Depreciation | $0 |
| Occupancy | $4,958 |
| Travel, conferences, and meetings | $20,074 |
| Printing and publications | $2,687 |
| Total operating and administrative expenses | $813,509 |
| Contributions, gifts, grants paid | $426,000 |
| Total expenses and disbursements | $1,239,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $479,044 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $5,906 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
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