Family Futures
- Assets
- $235.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sperryville, VA
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-4141224
Organization Overview
Family Futures is located in Sperryville, VA. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Futures 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, Family Futures generated $157.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $117.5k during the year ending 12/2022. 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
MY FUTURE ACCOUNTS ARE INDIVIDUAL CUSTODIAL SAVINGS ACCOUNTS FOR STUDENTS THAT GROW IN STEP WITH FINANCIAL KNOWLEDGE AND ACTIVITIES ALIGNED WITH, AND SUPPLEMENTING, STATE-MANDATED COLLEGE AND CAREER PREPARATION FROM KINDERGARTEN THROUGH GRADUATION. BY DECEMBER 2022, THERE 252 SAVINGS ACCOUNTS HAD BEEN SET UP FOR 4 COHORTS OF KINDERGARTENERS. COLLECTIVE DEPOSITS AND INTEREST TOTATLLED $64,320 STUDENTS RECEIVE INDIVIDUAL QUARTERLY BANK STATEMENTS.FINANCIAL EDUCATION ARE GROUP AND INDIVIDUAL ACTIVITIES FOR PARENTS AND OTHER ADULTS TO DEVELOP AND APPLY KNOWLEDGE THAT MAXIMIZES THE VALUE OF INCOME AND ASSETS TO INSURE FINANCIAL STABILITY. FREE FINANCIAL COACHINGWAS PROVIDED FOR INDIVIDUALS IN INDIVIDUAL SESSIONS.; FAMILYFUTURES ALSO PRESENTED A ZOOM TRAINING ON THE NEW CHILD TAX CREDIT RULES AND HELPED INDIVIDUALS CLAIM ECONOMIC IMPACT PAYMENTS FOR WHICH THEY WERE ELIGIBLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Massie Director | 8 | $0 | |
Jane Eberhardt Secretary | 8 | $0 | |
William Barnes Treasurer | 8 | $0 | |
Rosa Crocker Director | 8 | $0 | |
Thomas Massie Chair | 8 | $0 | |
Alexia Morrison Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,218 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,245 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,463 |
| 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 | $93,075 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,381 |
| Total expenses | $117,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $235,633 |
| Other assets | $0 |
| Total assets | $235,633 |
| Total liabilities | $64,320 |
| Net assets or fund balances | $171,313 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Family Futures has recieved totaling $21,751.
| Awarding Organization | Amount |
|---|---|
Jacquemin Family Foundation Inc Ashburn, VA PURPOSE: FAMILY FUTURES MISSION IS TO PROVIDE FINANCIAL EDUCATION, ACCESS AND TOOLS TO RESIDENTS OF RAPPAHANNOCK COUNTY | $10,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $9,169 |
Harry And Zoe Poole Foundation Fairfax, VA PURPOSE: GRADUATE ARE FINANCIALLY CAPABLE AND PERSONALLY RESPONSIBLE | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $82 |
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|---|---|---|
The Seminar Network Inc Arlington, VA | $360,026,954 | $278,674,897 |
West Virginia University Medical Corporation Morgantown, WV | $21,363,966 | $59,205,918 |
Old Dominion Land Conservancy Inc Purcellville, VA | $5,990,691 | $40,101,797 |
Maryland Innovation And Security Institute Inc Baltimore, MD | $10,081,190 | $24,715,450 |
Community Action Council Of Howard County Md Inc Columbia, MD | $15,922,810 | $23,897,066 |
Cal Ripken Sr Foundation Inc Baltimore, MD | $24,973,997 | $16,406,660 |
American Association For Clinical Chemistry Inc Washington, DC | $31,632,986 | $18,150,460 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Aids United Washington, DC | $16,240,693 | $19,019,266 |
Media Matters For America Washington, DC | $25,734,430 | $18,794,929 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |