2024-05-08T12:42:50-05:00 2023-06-30 061253566 WALTER J MCKEEVER & COMPANY LLC PO BOX 5147 15 VALLEY DRIVE GREENWICH CT 06831 990 2022-07-01 462986201 FUTURE 5 INC FUTU 2033588787 135 ATLANTIC STREET STAMFORD CT 06901 JOHN BONORA TREASURER 2033588787 2024-05-08 1 JOHN BONORA XXX-XX-XXXX 0 DENISE C DORIA P01283182 2036228625 X 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICK SWIFT 135 ATLANTIC STREET STAMFORD CT 06901 2116872 0 X WWW.FUTUREFIVE.ORG X 2013 CT FUTURE 5 CONNECTS MOTIVATED, UNDER-RESOURCED STUDENTS IN STAMFORD TO THE PEOPLE AND RESOURCES THEY NEED TO ACHIEVE THEIR EDUCATIONAL, CAREER AND LIFE GOALS. 17 16 31 107 0 0 1918967 1799331 0 0 3902 16377 -25441 -43923 1897428 1771785 168331 185927 0 0 894129 1106428 0 0 298446 507307 664030 1569767 1956385 327661 -184600 2567154 2386294 39779 43519 2527375 2342775 X FUTURE 5 CONNECTS MOTIVATED, UNDER-RESOURCED STUDENTS IN STAMFORD TO THE PEOPLE AND RESOURCES THEY NEED TO ACHIEVE THEIR EDUCATIONAL, CAREER AND LIFE GOALS. 0 0 585105 HERE TO THERE: IS THE FUTURE 5 CHARACTER BUILDING PROGRAM THAT IS A REQUIREMENT FOR ALL HIGH SCHOOL STUDENTS TO BE CONSIDERED A FUTURE 5 MEMBER AND BE ELIGIBLE FOR ALL OTHER GENERAL MEMBERSHIP BENEFITS. STUDENTS MEET WEEKLY FOR A 6 WEEK WORKSHOP TO DEFINE AND DISCUSS SHORT AND LONG TERM GOALS AND ADDRESS OBSTACLES ("GREMLINS") THAT STAND IN THE WAY OF REACHING THEM: HOW DO YOU GET FROM "HERE TO THERE"? WORKING IN SMALL GROUPS, STUDENTS AND COACHES DISCUSS SPECIFIC STEPS STUDENTS CAN TAKE TO NAVIGATE THESE OBSTACLES. ADDITIONAL TOPICS INCLUDE COMMITMENT, SUCCESS, GRIT/RESILIENCE AND SELF ADVOCACY. IN THE LAST SESSION, STUDENTS MEET WITH AN INDIVIDUAL COACH TO DEVISE A "GAME PLAN" FOR SUCCESS. ALL OTHER MEMBERSHIP PRIVILEGES BECOME AVAILABLE TO STUDENTS UPON GRADUATION FROM THIS WORKSHOP: ACADEMIC SUPPORT, BRAINWAVE, ENRICHMENT ACTIVITIES, GENERAL MEMBERSHIP SUPPORT AS ACCESSED AND/OR NEEDED (FOOD, STUDENT EMERGENCIES, AMBASSADOR PROGRAM, ETC.). FUTURE 5 SERVED 200 HIGH SCHOOL STUDENTS. 278737 1956 COLLEGE PREP: A YEAR ROUND PROGRAM THAT GUIDES HIGH SCHOOL SENIORS AND JUNIORS THROUGH THE ENTIRE COLLEGE SEARCH PROCESS. THIS WORKSHOP IS STAFF LED AND FORMALLY MEETS BETWEEN 1-2 HOURS PER WEEK FOR SENIORS AND 2 HOURS MONTHLY FOR JUNIORS FROM JANUARY THROUGH MAY WITH VOLUNTEER SUPPORT.ACCOMPLISHMENTS: 1) 97% HIGH SCHOOL GRADUATION2) # SERVED: 112 HIGH SCHOOL JUNIORS & SENIORS PARTICIPATED IN THIS PROGRAM3) 256 COLLEGE ACCEPTANCES TO 88 COLLEGES AND UNIVERSITIES4) 86% OF SENIOR MEMBERS PARTICIPATING IN COLLEGE PREP WITH 94% COMMITTING TO COLLEGE, 0% MILITARY WITH 6% COMMITTING TO TRADE/OTHER5) $700,329 IN INSTITUTIONAL AID & SCHOLARSHIP ASSISTANCE 467238 183971 COLLEGE SUCCESS: FUTURE 5'S COLLEGE SUCCESS PROGRAM ENSURES OUR STUDENTS THRIVE DURING THEIR COLLEGE JOURNEY BY CONNECTING THEM TO THE PEOPLE AND RESOURCES THEY NEED TO ENSURE COLLEGE PROGRESSION AND SECURE A PATHWAY TO REACH THEIR EARLY CAREER GOALS. THE FOCUS OF THE COLLEGE SUCCESS PROGRAM IS TO PROVIDE STUDENTS WITH A MULTI-LAYERED NETWORK OF ACADEMIC, FINANCIAL, SOCIAL/EMOTIONAL AND CAREER SUPPORT AS OUR STUDENTS NAVIGATE THEIR COLLEGE YEARS. WITH THE ADVENT OF COLLEGES CLOSING CAMPUSES, FUTURE 5 FOUND ADDITIONAL OFFICE SPACE TO HOST THIS PROGRAM IN HOUSE. 147 STUDENTS PARTICIPATED IN THIS PROGRAM. 224526 NEXT TRACK, OUR JOB PREP: A WEEKLY WORKSHOP THAT MEETS JANUARY THROUGH APRIL THAT FOCUSES ON "SOFT SKILLS" (HANDSHAKE, EYE CONTACT, FIRST IMPRESSION), "ELEVATOR PITCH", CAREER EXPLORATION, MOCK INTERVIEWS, CONFLICT RESOLUTION, RESUME PREPARATION, JOB APPLICATION AND FOLLOW UP PROCEDURES. STUDENTS ARE PAIRED WITH COACHES FOR A VARIETY OF ROLE-PLAYING SCENARIOS. STUDENTS WHO COMPLETE JOB PREP ARE GIVEN THE OPPORTUNITY TO RECEIVE A LETTER OF RECOMMENDATION, COPIES OF THEIR RESUME AND A PROFESSIONAL CERTIFICATE. COMMUNITY SERVICE: OUR MEMBERS CONNECT TO THE COMMUNITY, DEVELOP A SENSE OF CIVIC RESPONSIBILITY, AND LEARN THE JOYS OF GIVING TO OTHERS. FUTURE 5 STUDENTS PARTICIPATED IN A BEAUTIFICATION PROJECT FOR KOSCIUSZKO PARK AND COLLABORATED WITH OTHER COMMUNITY INITIATIVES INCLUDING WHEEL IT FORWARD, POLLINATOR PATHWAY OF STAMFORD, ARI AND PERSON TO PERSON (TO NAME A FEW).ALUM 5: FOSTERING ADULT LIFE SKILLS, OUR COLLEGE/TRADES/MILITARY GRADUATES HAVE AN OPPORTUNITY TO RECEIVE PROFESSIONAL CAREER ADVICE, STRENGTHEN FINANCIAL LITERACY SKILLS, AND ALSO TO GIVE BACK EITHER BY BECOMING MENTORS THEMSELVES, PROVIDING INTERNSHIP/JOB OPPORTUNITIES FOR OUR YOUNGER STUDENT MEMBERS OR FACILITATING WORKPLACE DONATIONS TO FUTURE 5. 224526 1555606 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X BARBARA VAHSEN 2033588787 135 ATLANTIC STREET STAMFORD CT 06901 RICK SWIFT CHAIRMAN 2.00 X X 0 0 0 LINDSAY VALK VICE CHAIRMAN 0.50 X X 0 0 0 JOHN BONORA TREASURER 2.00 X X 0 0 0 CHRISTOPHER WRIGHT SECRETARY 1.00 X X 0 0 0 CLIFTON MCFEELY FOUNDER/BOARD MEMBER 40.00 X 36000 0 0 POLLY PERKINS JOHNSON BOARD MEMBER 15.00 X 0 0 0 JESSICA LEE BOARD MEMBER 0.50 X 0 0 0 MARVIN LOUIS BOARD MEMBER 0.50 X 0 0 0 SUE RICH BOARD MEMBER 0.50 X 0 0 0 JENNY SIGUA BOARD MEMBER 0.50 X 0 0 0 NANCY BENJAMIN BOARD MEMBER 0.50 X 0 0 0 FRANK LYON BOARD MEMBER 0.50 X 0 0 0 JEFF GROWNEY BOARD MEMBER 0.50 X 0 0 0 JUDITH CORPREW BOARD MEMBER 0.50 X 0 0 0 ANDREI SAUNDERS BOARD MEMBER 0.50 X 0 0 0 FRITZ CHERY BOARD MEMBER 0.50 X 0 0 0 LUKE ZULAUF BOARD MEMBER 0.50 X 0 0 0 AMANDA DUBOIS-MWAKE EXEC DIRECTOR 40.00 X 124908 0 0 160908 0 0 1 0 0 0 0 215029 1584302 341971 1799331 16858 16858 272523 273004 -481 -481 -481 28160 215029 72083 -43923 -43923 1771785 0 0 -27546 185927 185927 168825 138619 6641 23565 770642 608841 52169 109632 88481 63077 8006 17398 78480 63067 3775 11638 8869 8869 32055 1240 3044 27771 10831 3970 255 6606 28403 10855 1754 15794 45825 34106 2433 9286 120358 107855 3992 8511 2294 1477 2 815 20146 10035 3131 6980 31492 28540 1377 1575 12065 11209 242 614 EDUCATIONAL PROGRAM EXP 319917 264153 213 55551 REPAIRS AND MAINTENANCE 20870 19723 441 706 BANK AND CREDIT CARD PR 5632 5606 26 MEMBERSHIP DUES AND SUB 5273 2912 383 1978 1956385 1555606 102333 298446 381972 595523 1765842 1421097 241300 143903 16307 16294 337876 143243 147005 194633 14728 14844 2567154 2386294 34779 34414 5000 9105 39779 43519 X 2088736 1998983 438639 343792 2527375 2342775 2567154 2386294 -184600 0 X 0 1 X 1 0 X 897668 1412714 1687473 1918967 1799331 7716153 897668 1412714 1687473 1918967 1799331 7716153 2604236 5111917 7712 13838 6968 3507 16858 48883 7765036 0.65830 0.71440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 166150 54275 111875 171726 88968 82758 194633 X 1776622 4837 4837 1771785 0 1771785 1961222 4837 4837 1956385 0 1956385 PART X, LINE 2: FUTURE 5, INC, RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT FUTURE 5, INC. HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. X X X X 1 MARGARET ATCHUE 247 MILL ROAD NEW CANAAN CT 06840 GRANT WRITER 0 269150 17841 251309 269150 17841 251309 CT GOLF OUTING 243189 215029 28160 31578 29950 399 2520 7636 243189 215029 28160 31578 29950 399 2520 7636 72083 -43923 1 COLLEGE AID & ASSISTANCE 71 185927 PART I, LINE 2: COLLEGE AID IS EITHER SENT DIRECTLY TO THE SCHOOL OR GIVEN TO THE STUDENTS DEPENDING UPON DONOR RESTRICTION. FUTURE 5 HAS AN APPLICATION THAT THE STUDENTS COMPLETE. A COMMITTEE REVIEWS THE APPLICATIONS AND RECIPIENTS ARE SELECTED BASED ON THE CRITERIA OF THAT DONOR. X 5 273116 MEAN FMV X PROGRAM SUPPLIES 51 32115 RETAIL VALUE X GOLF EVENT PRIZES 18 22479 RETAIL VALUE X EQUIPMENT & FIXTURE 3 6325 RETAIL VALUE X ENRICHMENT ACTIVITIES 2 5237 RETAIL VALUE X GOLF EVENT - GRAPHIC DESIGN 1 1500 DISCOUNT AMOUNT X RETREAT 1 1199 RETAIL VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FUTURE 5, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE EFILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN, IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANY EXISTING OR POTENTIAL CONFLICT OF INTEREST ON THE PART OF ANY MEMBER OF THE BOARD OF DIRECTORS SHALL BE REPORTED TO THE EXECUTIVE DIRECTOR AND THE EXECUTIVE COMMITTEE OF THE BOARD AND RECORDED IN THE MINUTES OF THE MEETING AT WHICH SUCH REPORT IS MADE. A CONFLICT OR POTENTIAL CONFLICT OF INTEREST WILL BE CONSIDERED TO EXIST IN THE CASE OF ANY RELATIONSHIP, INTEREST OR SITUATION WHICH MIGHT INDICATE A DUALITY OF LOYALTY OR INTEREST. AN EXAMPLE IS WHERE A MEMBER OF THE BOARD OR A DEPENDENT FAMILY MEMBER HAS A MATERIAL INTEREST IN ANY CONTRACT OR TRANSACTION WITH FUTURE 5, EITHER DIRECTLY OR THROUGH A CORPORATION, PARTNERSHIP OR OTHER ORGANIZATION OF WHICH SUCH PERSON OR FAMILY MEMBER IS A DIRECTOR OR HAS A FINANCIAL INTEREST. A MEMBER OF THE BOARD SHALL NOT BE DEEMED TO HAVE A CONFLICTING INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION BETWEEN FUTURE 5 AND THE EMPLOYER OF SUCH A MEMBER - SUCH AS MAY ARISE IN CONNECTION WITH THE MANAGEMENT OF INVESTMENT FUNDS OF FUTURE 5 BY SECURITIES FIRMS - WHERE THE CONTRACT OR TRANSACTION IS ROUTINE AND NOT MATERIAL TO SUCH EMPLOYER FROM A FINANCIAL POINT OF VIEW. UPON ADOPTION OF THIS POLICY BY THE BOARD, AND ANNUALLY THEREAFTER, EACH MEMBER OF THE BOARD SHALL FILE WITH THE SECRETARY OF THE BOARD A DISCLOSURE STATEMENT REGARDING EXISTING AND POTENTIAL CONFLICTS OF INTEREST. A DISCLOSURE STATEMENT SHALL BE FILED BY FUTURE MEMBERS OF THE BOARD AT THE TIME OF THEIR ELECTION AND ANNUALLY THEREAFTER. ANY MEMBER OF THE BOARD HAVING A CONFLICT OF INTEREST IN CONNECTION WITH ANY MATTER BEFORE THE BOARD SHALL SO INDICATE AT THE TIME AND SHALL NOT TAKE PART IN ANY VOTE WITH RESPECT TO SUCH MATTER. THE MINUTES OF THE MEETING SHALL REFLECT ANY SUCH DISCLOSURE AND ABSTENTION FROM VOTING. IF CONFIDENTIAL INFORMATION WILL BE PRESENTED TO, OR DISCUSSED BY, THE MEMBER OF THE BOARD WITH THE CONFLICT, HE OR SHE WILL BE EXPECTED TO EXCUSE HIMSELF/HERSELF DURING THAT PORTION OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD CHAIR, WHO CONSULTS WITH THE EXECUTIVE COMMITTEE ON THE EXECUTIVE DIRECTOR'S PERFORMANCE. THE EXECUTIVE COMMITTEE ALSO MONITORS BEST PRACTICES OF NOT-FOR-PROFITS OF SIMILAR SIZE AND MISSION IN THE REGION TO INSURE COMPARABLE LEVELS OF COMPENSATION. THIS PROCESS IS PERFORMED ANNUALLY BY JUNE 30TH AND BOARD APPROVAL FOR THE ENTIRE BUDGET, INCLUDING THE EXECUTIVE DIRECTOR'S COMPENSATION, IS RECORDED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE ORGANIZATION WILL PROVIDE THE GENERAL PUBLIC WITH A COPY OF ITS GOVERNING DOCUMENTS, FORM 990, FORM 1023 AND FINANCIAL STATEMENTS. FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES.