Futures For Children Inc
- Assets
- $1.8m
- Revenue
- $106.7k
- Investments
- $0.0
- Employees
- 14
- Location
- Albuquerque, NM
- Founding
- Data as of
- 06/2016
- EIN
- 85-0254951
Organization Overview
Futures For Children Inc is located in Albuquerque, NM. As of 06/2016, Futures For Children Inc employed 14 individuals. Futures For Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
FUTURES FOR CHILDREN EMPOWERS AMERICAN INDIAN STUDENTS THROUGH LEADERSHIP DEVELOPMENT, MENTORING, AND COMMUNITY SERVICE TO IMPROVE THE QUALITY OF EDUCATIONAL AND LIFE EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND MENTORING SERVICES - ENCOURAGES AMERICAN INDIAN CHILDREN TO STAY IN SCHOOL AND GRADUATE THROUGH ONE-ON-ONE MENTORING; TRAINS AMERICAN INDIAN STUDENTS TO BE LEADERS AND CRITICAL THINKERS; ENCOURAGES FAMILY INVOLVEMENT IN THIER CHILDREN'S ACADEMIC STUDIES.
PROVIDES EDUCATION TO THE PUBLIC ABOUT THE HISTORY AND EDUCATIONAL ISSUES THAT IMPACT THE AMERICAN INDIAN YOUNG PEOPLE THAT FUTURES FOR CHILDREN SERVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Chelberg Director | Trustee | 1 | $0 |
Michael Degenring Past Treasurer | OfficerTrustee | 1 | $0 |
John Lewis Director | Trustee | 1 | $0 |
Hank Mccabe Director | Trustee | 1 | $0 |
Pam Misener Director | Trustee | 1 | $0 |
Olivia Redhorse Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $4,910 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $100,914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,824 |
| Total Program Service Revenue | $32,729 |
| Investment income | $16,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$48,477 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,679 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $52,480 |
| Grants and other assistance to domestic individuals. | $84,450 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,439 |
| Compensation of current officers, directors, key employees. | $34,919 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,211 |
| Pension plan accruals and contributions | $9,276 |
| Other employee benefits | $12,427 |
| Payroll taxes | $25,394 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,443 |
| Fees for services: Accounting | $17,686 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,203 |
| Advertising and promotion | $301 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,150 |
| Travel | $15,862 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,373 |
| Insurance | $14,283 |
| All other expenses | $9,445 |
| Total functional expenses | $851,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,278 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,687 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,757 |
| Net Land, buildings, and equipment | $752,022 |
| Investments—publicly traded securities | $1,055,370 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,844,114 |
| Accounts payable and accrued expenses | $5,656 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,656 |
| Unrestricted restricted net Assets | $1,838,458 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,838,458 |
Grants Awarded
Over the last fiscal year, Futures For Children Inc has awarded $52,480 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOPI FOUNDATION PURPOSE: RESTRICTED FUNDS THAT WERE SET ASIDE FOR THIS ORGANIZATION'S PURPOSE. | $15,251 |
COMMUNITY FOUNDATION FOR SOUTHERN ARIZONA PURPOSE: RESTRICTED FUNDS THAT WERE SET ASIDE FOR THIS ORGANIZATION'S PURPOSE. | $37,229 |