Future Drive Empowerment Center
- Assets
- $643.8k
- Revenue
- $497.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 85-1205743
Organization Overview
Future Drive Empowerment Center is located in Chicago, IL. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Drive Empowerment Center 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FUTURE DRIVE WAS FORMED TO PROVIDE A PLACE WHERE PEOPLE OF ALL AGES AND ABILITIES ARE ENCOURAGED TO DEVELOP THEIR FULL POTENTIAL THROUGH EDUCATION BY PROVIDING INTERACTIVE PROGRAMS AND ACTIVITIES THAT WILL INSPIRE AND EMPOWER THEM BY CONNECTING THEM WITH THEIR HISTORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AFRICAN AMERICAN VISUAL ARTS AND FILM MUSEUM IS DEDICATED TO THE EXPLORATION OF AFRICAN AMERICAN HISTORY & CULTURE. THE MUSEUM FEATURES AFRICAN AMERICAN ARTIFACTS AND WORKS OF ART THAT CONVEY THE HISTORY OF AFRICAN AMERICANS FROM OUR ORIGINS IN AFRICA THROUGH THE SLAVE TRADE TO MODERN AMERICA.CURRENTLY, WE HAVE PURCHASED A PROPERTY AND BEGAN RENOVATIONS TO DEVELOP THE MUSEUM AND HOUSE OUR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maretta Brown Miller Secretary | Officer | 1 | $0 |
Willie Matthews Sgt At Arms | Officer | 1 | $0 |
Willie Kelley Board Member | Officer | 5 | $0 |
Jimmie Gardner President | Officer | 5 | $0 |
Darryl Jackson Vice President | Officer | 1 | $0 |
Monica Gardner Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,285 |
| Related organizations | $0 |
| Government grants | $484,696 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $496,981 |
| Total Program Service Revenue | $0 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $496,995 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,750 |
| Advertising and promotion | $0 |
| Office expenses | $1,664 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,959 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $208 |
| All other expenses | $0 |
| Total functional expenses | $18,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,255 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $491,305 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,214 |
| Total assets | $643,774 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $165,038 |
| 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 | $165,038 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $478,736 |
| Total liabilities and net assets/fund balances | $643,774 |