Future Genius Inc is located in Colchester, VT. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Genius 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 Genius Inc generated $71.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (20.1%) each year. All expenses for the organization totaled $71.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 2 years. 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
IN 2022, FUTURE GENIUS HOSTED SUMMER STEM CAMPS FOR STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brendan Fisher Director | 1 | $0 | |
Penny Bishop Director | 1 | $0 | |
Peter Drescher Director | 1 | $0 | |
Rebecca Ramos Director | 1 | $0 | |
Thomas Bacon Executive Director | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $39,000 |
Total Program Service Revenue | $32,842 |
Membership dues | $0 |
Investment income | $32 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $71,874 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $33,545 |
Professional fees and other payments to independent contractors | $4,890 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $33,166 |
Total expenses | $71,601 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,364 |
Other assets | $0 |
Total assets | $12,364 |
Total liabilities | $0 |
Net assets or fund balances | $12,364 |
Over the last fiscal year, we have identified 4 grants that Future Genius Inc has recieved totaling $76,000.
Awarding Organization | Amount |
---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $55,000 |
Vermont Childrens Trust Foundation Burlington, VT PURPOSE: OPERATIONS | $10,000 |
New Hampshire Charitable Foundation Concord, NH PURPOSE: To support weekly environmental summer camp opportunities | $6,000 |
George W Mergens Foundation Milton, VT PURPOSE: TEAMELEKTRA | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Aloha Foundation Inc Fairlee, VT | $55,861,935 | $11,897,602 |
Ramapo For Children Inc New York, NY | $10,937,296 | $6,513,024 |
Eli And Bessie Cohen Camps Wellesley, MA | $10,639,534 | $7,379,117 |
Gospel Volunteers Inc Speculator, NY | $22,831,003 | $9,014,614 |
Camp Ramah In New England Norwood, MA | $14,386,736 | $8,356,942 |
Henry Kaufmann Campgrounds Inc Pearl River, NY | $6,361,137 | $5,869,898 |
Keewaydin Foundation Salisbury, VT | $35,301,903 | $7,611,414 |
Surprise Lake Camp Cold Spring, NY | $16,694,153 | $3,893,782 |
West End House Inc Allston, MA | $17,469,394 | $5,061,990 |
Double H - Hole In The Woods Ranch Inc Lake Luzerne, NY | $26,260,136 | $7,126,574 |
American Youth Foundation Center Tuftonboro, NH | $53,337,944 | $8,086,027 |
Crossroads For Kids Inc Duxbury, MA | $15,283,715 | $4,752,902 |