Future Foundation Inc

Organization Overview

Future Foundation Inc is located in Atlanta, GA. The organization was established in 2001. 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 12/2022, Future Foundation Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Foundation 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, Future Foundation Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO LEVEL THE PLAYING FIELD FOR YOUTH CAUGHT IN A CYCLE OF POVERTY BY SERVING AS A SECOND FAMILY, PROVIDING NEW EXPERIENCES, AND REINFORCING SKILLS NEEDD TO THRIVE IN ADULTHOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SINCE 2001, THE FOUNDATION HAS FOCUSED ON FIVE CRITICAL INTERDEPENDENT AREAS OF YOUNG PEOPLES' LIVES - RELATIONSHIPS, HEALTH, LIFE SKILLS, ACADEMICS, AND FAMILY - AND PROVIDED RELATED RESOURCES TO THEIR FAMILIES AS WELL, SO THAT BOTH GENERATIONS CAN MAKE PROGRESS TOGETHER. THE FOUNDATION'S ULTIMATE GOAL IS TO END THE PERVASIVE CYCLE OF GENERATIONAL POVERTY IN ATLANTA.SEE ATTACHED FOR FURTHER DETAIL.


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Board, Officers & Key Employees

Name (title)Compensation
Julius Shareef Abdur-Rahim
Founder
$0
Andrew Harnett
Director
$0
Felicia Allen
Director
$0
W Imara Canady
Gov. Committee & Board Cha
$0
Pia Forbes
Director
$0
Jeetendra Kumar
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,162,434
All other contributions, gifts, grants, and similar amounts not included above$628,692
Noncash contributions included in lines 1a–1f $126,360
Total Revenue from Contributions, Gifts, Grants & Similar$1,791,126
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 $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,811,859

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