Forum For The Future Us Inc
- Assets
- $1.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 12
- Location
- Brooklyn, NY
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-4667055
Organization Overview
Forum For The Future Us Inc is located in Brooklyn, NY. The organization was established in 2015. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Forum For The Future Us Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forum For The Future Us 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 12/2022, Forum For The Future Us Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 11.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP ACCELERATE THE TRANSITION TO A SUSTAINABLE SOCIETY THROUGH FORUMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORUM FOR THE FUTURE US, INC. IS WORKING GLOBALLY WITH BUSINESS, GOVERNMENT AND OTHER ORGANIZATIONS TO SOLVE COMPLEX SUSTAINABILITY CHALLENGES. TO CREATE A SUSTAINABLE FUTURE, WE BELIEVE IT'S CRITICAL TO REIMAGINE AND TRANSFORM THE KEY SYSTEMS WE ALL USE AND RELY ON, AND INNOVATE FOR LONG-TERM SUCCESS. OUR FOCUS IS CHANGING THE FOOD AND ENERGY SYSTEMS, WHICH ARE VITAL IN DELIVERING A SUSTAINABLE FUTURE. WE ALSO WORK IN OTHER SECTORS SUCH AS SHIPPING, FINANCE AND DIGITAL TECHNOLOGY.WITH A NETWORK OF MORE THAN 130 ORGANIZATIONS WORLDWIDE, WE PROVIDE A UNIQUE OPPORTUNITY TO LEARN AND WORK TOGETHER TO CREATE PIONEERING PRACTICES AND INNOVATIONS THROUGH SPECIALIST DISCUSSION AND COLLABORATION. WE CREATE THE POWERFUL COALITIONS AND COLLABORATIONS NEEDED TO RESOLVE THE COMPLEX PROBLEMS THAT GET IN THE WAY OF CREATING A SUSTAINABLE FUTURE. OUR TRACK RECORD SPANS TWO DECADES. WE HAVE WORKED IN PARTNERSHIP WITH PIONEERING COMPANIES, COLLABORATING WITH BUSINESSES, BOTH LARGE AND SMALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Uren Chair | OfficerTrustee | 2 | $0 |
Christopher Baker Treasurer | OfficerTrustee | 2 | $0 |
Berta Alexandra Seru President & Managing Director | OfficerTrustee | 40 | $166,214 |
Samantha Veide Associate Director | 40 | $140,998 |
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 | $1,359,207 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,359,207 |
| Total Program Service Revenue | $583,107 |
| 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 | $1,942,314 |
| 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 | $191,152 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,810 |
| Compensation of current officers, directors, key employees. | $21,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $833,929 |
| Pension plan accruals and contributions | $23,275 |
| Other employee benefits | $50,706 |
| Payroll taxes | $79,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $716 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $222,443 |
| Advertising and promotion | $0 |
| Office expenses | $48,463 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,348 |
| Travel | $59,471 |
| 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 | $5,291 |
| All other expenses | $0 |
| Total functional expenses | $2,296,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $984,357 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $62,449 |
| 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 | $13,188 |
| 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 | $1,059,994 |
| Accounts payable and accrued expenses | $37,123 |
| Grants payable | $0 |
| Deferred revenue | $230,715 |
| 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 | $381,640 |
| Total liabilities | $649,478 |
| Net assets without donor restrictions | -$242,376 |
| Net assets with donor restrictions | $652,892 |
| 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 | $1,059,994 |
Grants Awarded
Over the last fiscal year, Forum For The Future Us Inc has awarded $32,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL LATINO FARMERS AND RANCHERS PURPOSE: GROWING OUR FUTURE WORKSHOP PARTICIPATION. | $17,000 |
NATIONAL YOUNG FARMERS COALITION PURPOSE: GROWING OUR FUTURE WORKSHOP PARTICIPATION. | $15,000 |