Future Leaders Of Tomorrow Inc
- Assets
- $110.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-4491059
Organization Overview
Future Leaders Of Tomorrow Inc is located in Milwaukee, WI. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Leaders Of Tomorrow 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 Leaders Of Tomorrow Inc generated $165.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $147.3k during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
YOUTH BASKETBALL ORGANIZATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,500 |
| Total Program Service Revenue | $74,229 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $695 |
| Total Revenue | $165,424 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,290 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $146,027 |
| Total expenses | $147,317 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,084 |
| Other assets | $0 |
| Total assets | $110,084 |
| Total liabilities | $11,133 |
| Net assets or fund balances | $98,951 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Future Leaders Of Tomorrow Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
National Basketball Players Assoc Foundation New York, NY PURPOSE: TO SUPPORT YOUTH SPORTS PROGRAMS AND OTHER CHARITABLE PURPOSES | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Life Centers Of Chicagoland Nfp Chicago, IL | $3,381,742 | $26,728,627 |
Onegoal Chicago, IL | $47,619,329 | $26,464,415 |
St Davids Center Minnetonka, MN | $22,036,571 | $23,440,337 |
Iowa Jag Inc Des Moines, IA | $8,216,251 | $8,843,429 |
Braven Incorporated Chicago, IL | $18,157,055 | $13,085,158 |
Gary Comer Youth Center Chicago, IL | $1,153,650 | $6,433,696 |
Achieve Twin Cities Minneapolis, MN | $9,710,050 | $5,735,316 |
Brilliant Detroit Detroit, MI | $8,474,940 | $7,645,252 |
Boys And Girls Club Of Dane County Inc Madison, WI | $16,863,189 | $11,374,930 |
Life Promotions Inc Appleton, WI | $2,405,715 | $5,603,353 |
New City Kids Inc Grand Rapids, MI | $3,713,788 | $6,335,672 |
Bernies Book Bank Lake Bluff, IL | $3,547,957 | $4,899,035 |