Own Your Future Foundation Inc
- Assets
- $351.0k
- Revenue
- $52.1k
- Investments
- $256.9k
- Employees
- 0
- Location
- Shelton, CT
- Founding
- Data as of
- 12/2022
- EIN
- 84-3835920
Organization Overview
Own Your Future Foundation Inc is located in Shelton, CT. 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. Own Your Future 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 12/2022, Own Your Future Foundation Inc generated $52.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $21.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Douglas Chairman | 1 | $0 | |
Jill Douglas Director | 0 | $0 | |
Nicholas Douglas Director | 0 | $0 | |
Casey Douglas Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,869 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,054 |
| 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 | $214 |
| Total Revenue | $52,137 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,155 |
| Contributions, gifts, grants paid | $20,250 |
| Total expenses and disbursements | $21,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $94,094 |
| 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 | $350,967 |
| 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, Own Your Future Foundation Inc has awarded $20,250 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF THE LOWER NAUGATUCK VALLEY PURPOSE: GENERAL SUPPORT | $11,000 |
GRIFFIN HOSPITAL DEVELOPMENT FUND PURPOSE: GENERAL SUPPORT | $5,000 |
SANDY HOOK MEMORIAL FOUNDATION PURPOSE: GENERAL SUPPORT | $2,500 |
VALLEY UNITED WAY PURPOSE: GENERAL SUPPORT | $1,750 |