Peoples Futures Foundation Inc
- Assets
- $45.0k
- Revenue
- $100.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Burlington, VT
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-4283721
Organization Overview
Peoples Futures Foundation Inc is located in Burlington, VT. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples Futures 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 12/2021, Peoples Futures Foundation Inc generated $100.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.9% each year . All expenses for the organization totaled $74.4k during the year ending 12/2021. While expenses have increased by 33.3% per year over the past 3 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION'S DIRECTOR COMPLETED A) CONSULTING WORK (TRAINING, EDUCATING ON SUCESSFUL GRANT WRITING AND FUNDING ACQUISITION, VOLUNTEER MANAGEMENT, EQUITY GOALS) WITH FOUR NONPROFITS' STAFF AND BOARD MEMBERS; AND B) TECHNICAL ASSISTANCE AND INFORMAL TRAINING WITH THREE NONPROFITS AND THEIR STAFF AND VOLUNTEERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elle Petcavage Director/president/treasurer | 40 | $49,824 | |
Margaret Drew Director | 0.5 | $0 | |
Lilah Sunderland Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $30 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,824 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,865 |
| Interest | $0 |
| Taxes | $5,673 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,015 |
| Total operating and administrative expenses | $71,627 |
| Contributions, gifts, grants paid | $2,750 |
| Total expenses and disbursements | $74,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,046 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,046 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Peoples Futures Foundation Inc has awarded $2,750 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ORGANIZATION FOR REFUGEE AND IMMIGRANT SUCCESS PURPOSE: EXEMPT PURPOSE | $1,000 |
YWCA-NH PURPOSE: EXEMPT PURPOSE | $500 |
HAVEN PURPOSE: EXEMPT PURPOSE | $500 |
Waltham, MA PURPOSE: EXEMPT PURPOSE | $500 |
Framingham, MA PURPOSE: EXEMPT PURPOSE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clara Lionel Foundation New York, NY | $44,086,810 | $23,596,509 |
Visionspring New York, NY | $15,269,850 | $12,679,680 |
America Gives Inc New York, NY | $1,069,288 | $7,827,978 |
Grant Recommendation Fund Spring Valley, NY | $460,055 | $4,767,095 |
Bikoff Foundation Whitestone, NY | $65,723,002 | $14,790,071 |
Giving Tuesday Inc Brooklyn, NY | $1,987,227 | $3,527,479 |
The Meringoff Family Foundation Inc New York, NY | $455,360 | $3,000,005 |
Island Outreach Foundation Inc Center Moriches, NY | $19,989,596 | $2,168,344 |
University Of The Andes Foundation Inc New York, NY | $11,245,685 | $2,158,813 |
Goodman-Lipman Family Foundation Inc Larchmont, NY | $13,467,092 | $1,080,767 |
Seachange Capital Partners Inc New York, NY | $7,639,447 | $3,346,327 |
Oclo Inc New York, NY | $44,563,168 | $2,305,830 |