Club For The Future
- Assets
- $8.5m
- Revenue
- $989.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Kent, WA
- Founding
- Data as of
- 12/2023
- EIN
- 83-4350571
Organization Overview
Club For The Future is located in Kent, WA. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Club For The Future 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 12/2023, Club For The Future generated $989.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 60.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 64.3% per year over the past 5 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.
Since 2021, Club For The Future has awarded 20 individual grants totaling $19,009,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
POSTCARDS: RECIEVED 115,000 POSTCARDS; ENGAGED 1.1 MILLION STUDENTS & TEACHERS IN THE POSTCARDS TO SPACE PROGRAM THROUGH SCHOOLS AND MUSEUMS IN THE U.S. AND 125 COUNTRIES.
CURRICULUM: DEVELOPED SPACE-BASED CURRICULUM INVOLVING 81,000 EDUCATORS AND 2,036 SCHOOLS.
EVENTS: CFTF HOSTED,SPONSORED OR PARTICIPATED IN THE O'NEILL SYMPOSIUM, SPACE EXPLORATION EDUCATORS CONFERENCE, NATIONAL SPACE DAY.
PARTNERS: TEAM WITH OTHER NON-PROFITS WHO SHARE WITH SIMILAR GOALS/MISSIONS WITH CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Limp Director | 1 | $0 | |
Michael Edmonds President | 1 | $0 | |
Paul Weber Vice President | 1 | $0 | |
Brandon Elward Secretary | 1 | $0 | |
Susan Knapp Treasurer | 1 | $0 | |
Stian Bartel Assistant Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Prworks Inc | 12/30/22 | $371,099 |
Perkins Coie Llp | 12/30/22 | $68,438 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $766,897 |
| Interest on Savings | $0 |
| Dividends & Interest | $209,566 |
| 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 | $12,508 |
| Total Revenue | $988,971 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $144,353 |
| Printing and publications | $0 |
| Other expenses | $482,491 |
| Total operating and administrative expenses | $1,126,773 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,126,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,858 |
| Savings and temporary cash investments | $8,372,844 |
| Net Accounts receivable | $36,643 |
| 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 | $8,491,345 |
| Accounts payable and accrued expenses | $8,235 |
| 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 | $8,235 |
Grants Awarded
Over the last fiscal year, Club For The Future has awarded $19,009,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS PURPOSE: INSPIRE FUTURE GENERATIONS TO PURSUE CAREERS IN STEM AND HELP INVENT THE FUTURE OF LIFE IN SPACE | $1,000,000 |
INTERNATIONAL ASTRONAUTICAL FEDERATION (IAF) PURPOSE: INSPIRE FUTURE GENERATIONS TO PURSUE CAREERS IN STEM AND HELP INVENT THE FUTURE OF LIFE IN SPACE | $1,000,000 |
STUDENTS FOR THE EXPLORATION AND DEVELOPMENT OF SPACE (SEDS) PURPOSE: INSPIRE FUTURE GENERATIONS TO PURSUE CAREERS IN STEM AND HELP INVENT THE FUTURE OF LIFE IN SPACE | $1,000,000 |
NATIONAL SPACE SOCIETY PURPOSE: INSPIRE FUTURE GENERATIONS TO PURSUE CAREERS IN STEM AND HELP INVENT THE FUTURE OF LIFE IN SPACE | $1,000,000 |
SPACE GENERATION ADVISORY COUNCIL (SGAC) PURPOSE: INSPIRE FUTURE GENERATIONS TO PURSUE CAREERS IN STEM AND HELP INVENT THE FUTURE OF LIFE IN SPACE | $1,000,000 |
BROOKE OWENS & PATTI GRACE SMITH FELLOWSHIPS PURPOSE: INSPIRE FUTURE GENERATIONS TO PURSUE CAREERS IN STEM AND HELP INVENT THE FUTURE OF LIFE IN SPACE | $1,000,000 |