Friends Of The Future
- Assets
- $825.6k
- Revenue
- $4.9m
- Investments
- $0.0
- Employees
- 13
- Location
- Honolulu, HI
- Founding
- 06/1993
- Data as of
- 06/2022
- EIN
- 99-0296604
Organization Overview
Friends Of The Future is located in Honolulu, HI. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Friends Of The Future employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of 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 06/2022, Friends Of The Future generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $4.5m during the year ending 06/2022. While expenses have increased by 21.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF THE FUTURES MISSION TO FACILITATE A VISION OF LOKAHI ~ HARMONY AND BALANCE ~ AMONG THE DIVERSE PEOPLES OF HAWAII ~ BY ENCOURAGING EACH PERSON TO CONTRIBUTE THEIR DEEPEST VALUES, TO CREATE SHARED VISIONS AND TO CONTINUOUSLY IMPROVE OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH PROGRAMS INCLUDE: FOUR (4) ALOHA MAP PROGRAMS WHICH PROVIDED ACADEMIC TUTORING, COLLEGE/CAREER COUNSELING, HANDS ON STEM ACTIVITIES AND FAMILY ENRICHMENT FIELD TRIPS TO 3,500 STUDENTS IN GRADES K-12 IN 13 PUBLIC SCHOOLS ON HAWAII ISLAND. DURING SUMMER 2021, A FEDERAL SUMMER MEALS PROGRAM PROVIDED 3 MEALS/DAY 7 DAYS/WEEK FOR 7 WEEKS TO 4,000 STUDENTS ON HAWAII ISLAND. ECE CAREER PATHWAYS OFFERED 20 HIGH SCHOOL RISING SENIORS AND SENIORS OPPORTUNITIES TO RECEIVE EARLY COLLEGE CREDIT IN THE EARLY CHILDHOOD EDUCATION CAREER PATHWAY. HOKUPAA PROVIDED 25 HIGH SCHOOL SOPHOMORES, JUNIORS AND SENIORS SEMESTER-LONG INTERNSHIP OPPORTUNITIES TO GAIN REAL LIFE WORK EXPERIENCE. NO KE OLA PONO PROVIDED 1-DAY FIELD GAMES ACTIVITIES AT SIX (7) ELEMENTARY PUBLIC SCHOOLS SERVING 700 STUDENTS.
HEALTH & WELLNESS PROGRAMS INCLUDE: TUTU'S HOUSE, A COMMUNITY HEALTH AND WELLNESS RESOURCE CENTER, OFFERED 720 IN PERSON AND VIDEO CONFERENCING HEALTH-RELATED EDUCATION PRESENTATIONS WITH 5,353 ATTENDEES; A LENDING LIBRARY USED BY 50 INDIVIDUALS. NEIGHBORHOOD PLACE OF KONA PROVIDED WRAP AROUND CARE COORDINATION SERVICES, EMERGENCY FOOD AND DIAPERS, AND HOUSING ASSISTANCE FOR 155 FAMILIES AND CHILDREN, EIGHT (8) FAMILY-CENTERED COMMUNITY EVENTS, AND INFORMATION/REFERRAL SERVICES TO 399 INDIVIDUALS. LEARNING 2 THRIVE PROVIDED SOCIAL/EMOTIONAL SUPPORTS TO 15 STUDENT-PARENTS RETURNING/PURSUING HIGHER EDUCATION. NORTH HAWAII DOMESTIC VIOLENCE AWARENESS COMMITTEE HOSTED FOUR (4) COMMUNITY EVENTS TO INCREASE AWARENESS AND PROVIDE RESOURCES RELATED TO DOMESTIC VIOLENCE ISSUES. FRIENDS OF ANUENUE PLAYGROUND COORDINATED AND COMPLETED A COMMUNITY VOLUNTEER WORKDAY TO REPAIR AND REFURBISH THE COMMUNITY PLAYGROUND, WHICH IS USED DAILY BY 50 TODDLERS AND CHILDREN 12 AND UNDER.
CULTURAL PROGRAMS INCLUDE: NA HAUMANA O PAPA AUWAE, 25 CULTURAL STUDENTS CONTINUED STEWARDSHIP OF A SECTION OF LAPAKAHI STATE PARK. DUE TO CONTINUING COVID-RELATED RESTRICTIONS ON LARGE IN PERSON GATHERINGS, HUI KUAPA OFFERED MONTHLY VIDEO CONFERENCE CULTURAL EVENTS FEATURING HAWAIIAN LANGUAGE, DANCE AND MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lilinoi Grace Project Director | 35 | $251,624 | |
John Al Defries President | OfficerTrustee | 2.5 | $0 |
Mark Mcguffie Vice President | OfficerTrustee | 2.5 | $0 |
Georgine Busch Treasurer | OfficerTrustee | 4 | $0 |
Sharon L Sakai Secretary | OfficerTrustee | 3.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,814,225 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,090,235 |
| Noncash contributions included in lines 1a–1f | $125 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,904,460 |
| Total Program Service Revenue | $2,072 |
| Investment income | $54 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,914,086 |
| 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. | $251,624 |
| Compensation of current officers, directors, key employees. | $32,909 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $351,568 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $270,504 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,189,414 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $217,287 |
| Travel | $73,990 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,126 |
| Interest | $735 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,115 |
| Insurance | $15,637 |
| All other expenses | $55,163 |
| Total functional expenses | $4,463,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $752,251 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $53,802 |
| Accounts receivable, net | $2,983 |
| 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 | $7,617 |
| Net Land, buildings, and equipment | $5,054 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,895 |
| Total assets | $825,602 |
| Accounts payable and accrued expenses | $119,329 |
| Grants payable | $0 |
| Deferred revenue | $9,788 |
| 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 | $129,117 |
| Net assets without donor restrictions | -$49,225 |
| Net assets with donor restrictions | $745,710 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $825,602 |