Delaware Futures Inc

Organization Overview

Delaware Futures Inc is located in Wilmington, DE. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2021, Delaware Futures Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Futures 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, Delaware Futures Inc generated $769.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $764.4k during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DELAWARE FUTURES, INC. PROVIDES ACADEMIC, SOCIAL, MOTIVATIONAL SUPPORT AND CULTURAL ENRICHMENT THAT EMPOWERS ECONOMICALLY DISADVANTAGED HIGH SCHOOL STUDENTS TO RECOGNIZE AND FULFILL THEIR UNREALIZED POTENTIAL AND BECOME MATRICULATED COLLEGE STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE EDUCATIONAL, SOCIAL AND MOTIVATIONAL SUPPORT TO HIGH SCHOOL STUDENTS WITH UNREALIZED POTENTIAL TO BECOME SUCCESSFUL COLLEGE APPLICANTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dina Melchiorre
Executive Di
$80,850
Harold Butch Ingram
President
$0
Chris Metkiff
Vice Preside
$0
Amanda Basciano
Treasurer
$0
Rev Patricia Downing
Secretary
$0
Gerald Allen
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $619,123
All other contributions, gifts, grants, and similar amounts not included above$126,338
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$745,461
Total Program Service Revenue$0
Investment income $2,786
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $20,612
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $769,819

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Delaware Futures Inc has recieved totaling $21,000.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$10,000
Harold And Kate Reed Family Foundation

Minneapolis, MN

PURPOSE: UNRESTRICTED

$5,000
Wsfs Foundation

Wilmington, DE

PURPOSE: EDUCATION & LEADERSHIP DEVELOPMENT

$5,000
Nor Easter Foundation

Wilmington, DE

PURPOSE: RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES

$1,000
View Grant Recipient Profile

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