Future Forum Foundation
- Assets
- $50.4k
- Revenue
- $217.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Mc Lean, VA
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-0593495
Organization Overview
Future Forum Foundation is located in Mc Lean, VA. The organization was established in 2018. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Forum Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Future Forum Foundation generated $217.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $276.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FUTURE FORUM FOUNDATION ORGANIZES EVENTS, RESEARCH AND PROGRAMMING TO DISCUSS AND EDUCATE INDIVIDUALS ON THE ROLE AND CHALLENGES THE MILLENNIAL GENERATION FACES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ENGAGED IN EVENT, RESEARCH AND PROGRAMMING ACTIVITIES TO DISCUSS AND EDUCATE INDIVIDUALS ON THE ROLE AND CHALLENGES THE MILLENNIAL GENERATION FACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Beeman Executive Director | Officer | 40 | $120,000 |
Patrick Murphy Chair & President | OfficerTrustee | 1 | $0 |
Jefferies Murray Director & Treasurer | OfficerTrustee | 2 | $0 |
Kenny Thompson Director | Trustee | 1 | $0 |
Jessica Hogle Director | Trustee | 1 | $0 |
Jennifer Walsh Director | 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 | $217,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,500 |
| 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 | $217,500 |
| 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. | $120,000 |
| Compensation of current officers, directors, key employees. | $18,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $313 |
| Fees for services: Accounting | $276 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $22,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,674 |
| Advertising and promotion | $0 |
| Office expenses | $2,931 |
| Information technology | $12,709 |
| Royalties | $0 |
| Occupancy | $30,000 |
| Travel | $3,168 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $276,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| 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 | $50,359 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $50,359 |
| 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 | $50,359 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Forum Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Real Estate Roundtable Inc Washington, DC PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Community Change Action Washington, DC | $13,750,563 | $15,082,091 |
American Conservative Union Alexandria, VA | $4,885,240 | $15,442,633 |
Center For American Progress Action Fund Washington, DC | $5,490,835 | $12,854,526 |
Consumer Bankers Association Washington, DC | $14,757,474 | $11,272,002 |
Centre For Public Impact North America Inc Washington, DC | $15,029,956 | $20,852,661 |
Members Choice Credit Union Ashland, KY | $332,356,623 | $13,811,738 |
Public Citizen Inc Washington, DC | $4,340,834 | $7,987,999 |
Common Cause Washington, DC | $11,922,837 | $10,088,774 |
American Road And Transportation Builders Association Washington, DC | $8,270,430 | $9,321,021 |
Alliance For Telecommunications Industry Solutions Washington, DC | $11,826,639 | $10,016,608 |
Americans For Tax Reform Washington, DC | $22,926,988 | $9,199,721 |
Electronic Transactions Association Washington, DC | $10,336,129 | $4,909,988 |