FUTURE 5 INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: FUTURE 5 INC (EIN 46-2986201)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2021-03-10
IRS object ID: 202130699349300408
Schema version: 2019v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-03-10T10:33:34-06:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	061253566	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WALTER J MCKEEVER & COMPANY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5147 15 VALLEY DRIVE	AddressLine1Txt
City	GREENWICH	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06831	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	462986201	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FUTURE 5 INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FUTU	BusinessNameControlTxt
Phone	2033588787	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	135 ATLANTIC STREET	AddressLine1Txt
City	STAMFORD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06901	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOHN BONORA	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	2033588787	PhoneNum
Signature	2021-03-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DENISE C DORIA	PreparerPersonNm
PTIN	P01283182	PTIN
Phone	2036228625	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CLIFTON MCFEELY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	135 ATLANTIC STREET	AddressLine1Txt
City	STAMFORD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06901	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,439,556	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.FUTUREFIVE.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2013	FormationYr
Legal Domicile State	CT	LegalDomicileStateCd
Activity Or Mission	FUTURE 5, INC. HELPS MOTIVATED, UNDER-RESOURCED STUDENTS IN STAMFORD, CT CONNECT TO THEIR FULL POTENTIAL LEADING TO INDEPENDENCE AND PRODUCTIVE CITIZENSHIP.	ActivityOrMissionDesc
Voting Members Governing Body	16	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	15	TotalEmployeeCnt
Total Volunteers	100	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$897,668	PYContributionsGrantsAmt
CY Contributions Grants	$1,412,714	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$8,001	PYInvestmentIncomeAmt
CY Investment Income	$13,635	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$905,669	PYTotalRevenueAmt
CY Total Revenue	$1,426,349	CYTotalRevenueAmt
PY Grants And Similar Paid	$47,792	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$52,616	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$465,430	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$624,490	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$35,750	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$14,750	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$146,585	CYTotalFundraisingExpenseAmt
PY Other Expenses	$388,278	PYOtherExpensesAmt
CY Other Expenses	$349,616	CYOtherExpensesAmt
PY Total Expenses	$937,250	PYTotalExpensesAmt
CY Total Expenses	$1,041,472	CYTotalExpensesAmt
PY Revenues Less Expenses	-$31,581	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$384,877	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,365,271	TotalAssetsBOYAmt
Total Assets EOY	$1,876,717	TotalAssetsEOYAmt
Total Liabilities BOY	$28,078	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$154,647	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,337,193	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,722,070	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	FUTURE 5, INC. HELPS MOTIVATED, UNDER-RESOURCED STUDENTS IN STAMFORD CONNECT TO THEIR FULL POTENTIAL LEADING TO INDEPENDENCE AND PRODUCTIVE CITIZENSHIP. FUTURE 5, INC. STRENGTHENS A STUDENT'S SELF-ESTEEM THROUGH CHARACTER BUILDING WORKSHOPS, JOB PREPARATION PROGRAMS, COLLEGE AND CAREER ACCESS AND SUCCESS SUPPORT AND ONE-ON-ONE COACHING. THEIR STUDENTS DEVELOP THE MOTIVATION AND A GAME PLAN FOR ACHIEVEMENT IN SCHOOL AND LIFE.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$322,788	ExpenseAmt
Revenue	$0	RevenueAmt
Desc	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: TUTORING, BRAINWAVE, ENRICHMENT ACTIVITIES, GENERAL MEMBERSHIP SUPPORT AS ACCESSED AND/OR NEEDED (FOOD, STUDENT EMERGENCIES, AMBASSADOR PROGRAM, ETC.). FUTURE 5 SERVED 173 HIGH SCHOOL STUDENTS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$157,032	ExpenseAmt
Grant	$52,616	GrantAmt
Revenue	$0	RevenueAmt
Desc	COLLEGE PREP: A YEAR ROUND PROGRAM TAHT 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.ACCOMPLISHMENTS: 100% HIGH SCHOOL GRADUATION# SERVED: 90 HIGH SCHOOL JUNIORS & SENIORS PARTICIPATED IN THIS PROGRAM197 COLLEGE ACCEPTANCES TO 80+ COLLEGES AND UNIVERSITIES95% OF SENIOR MEMBERS PARTICIPATING IN COLLEGE PREP COMMITTING TO COLLEGEHELPED STUDENTS IDENTIFY AND QUALIFY FOR OVER $930,000 IN SCHOLARSHIP FUNDING	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$173,904	ExpenseAmt
Revenue	$0	RevenueAmt
Desc	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. 70 STUDENTS PARTICIPATED IN THIS PROGRAM.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$183,667	ExpenseAmt
Desc	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. IN APRIL, JOB PREP STUDENTS ATTEND JOB SHADOWING EVENTS AND SITE VISITS AT LOCAL COMPANIES. COACHING IS PRIMARILY DONE IN SMALL GROUPS WITH 3-4 STUDENTS PER COACH FOR A VARIETY OF ROLE-PLAYING SCENARIOS. STUDENTS WHO COMPLETE JOB PREP ARE GIVEN BUSINESS CARDS, A LETTER OF RECOMMENDATION AND COPIES OF THEIR RESUMES. IN 2019-20, 31 STUDENTS COMPLETED THE REQUIREMENTS FOR JOB PREP AND PARTICIPATED IN SITE VISITS TO THE ASHFORTH COMPANY, INDEED, FACT SET, WILLIS TOWERS WATSON, MARRIOTT AND NIELSEN CORPORATION.COMMUNITY SERVICE: OUR MEMBERS CONNECT TO THE COMMUNITY, DEVELOP A SENSE OF CIVIC RESPONSIBILITY, AND LEARN THE JOYS OF GIVING TO OTHERS. SOME OF OUR COMMUNITY SERVICE PROJECTS INCLUDED: PROVIDING THE FOOD, AS WELL AS PREPARING AND SERVING DINNER MONTHLY AT THE INSPIRICA WOMEN'S SHELTER; SERVING DINNER AT NEW COVENANT CENTER; PARTICIPATED IN THE MILL RIVER PARK COMPOSTING PROJECT.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$183,667	TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses	$837,391	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	20	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	15	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	16	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BARBARA VAHSEN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2033588787	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	135 ATLANTIC STREET	AddressLine1Txt
City	STAMFORD	CityNm
State Abbreviation	CT	StateAbbreviationCd
ZIP	06901	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
TOM TURRENTINE
CHAIRMAN	2.00	Yes (X)	Yes (X)	$0	$0	$0
LINDSAY VALK
VICE CHAIRMAN	0.50	Yes (X)	Yes (X)	$0	$0	$0
JOHN BONORA
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
CHRISTOPHER WRIGHT
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
CLIFTON MCFEELY
FOUNDER/BOARD MEMBER	40.00	Yes (X)		$40,000	$0	$0
POLLY PERKINS JOHNSON
BOARD MEMBER	15.00	Yes (X)		$0	$0	$0
JESSICA LEE
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
DAVID SCHIRMER
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
JED SELKOWITZ
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
JOHN WELCH
BOARD MEMBER (THRU JAN 2020)	0.50	Yes (X)		$0	$0	$0
NANCY BENJAMIN
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
BILL BRADLEY
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
JEFF GROWNEY
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
FRANK LYON
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
RICK SWIFT
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
ANDREI SAUNDERS
BOARD MEMBER	0.50	Yes (X)		$0	$0	$0
RACHEL DEWEY
EXECUTIVE DIRECTOR	50.00		Yes (X)	$104,000	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$144,000	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$1,412,714	AllOtherContributionsAmt
Noncash Contributions	$17,809	NoncashContributionsAmt
Total Contributions	$1,412,714	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,838	TotalRevenueColumnAmt
Exclusion	$13,838	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$13,004	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$13,207	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$203	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$203	TotalRevenueColumnAmt
Exclusion	-$203	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,426,349	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$13,635	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$52,616	TotalAmt
Program Services	$52,616	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$144,000	TotalAmt
Program Services	$128,844	ProgramServicesAmt
Management And General	$5,271	ManagementAndGeneralAmt
Fundraising	$9,885	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$375,907	TotalAmt
Program Services	$314,328	ProgramServicesAmt
Management And General	$5,213	ManagementAndGeneralAmt
Fundraising	$56,366	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$51,458	TotalAmt
Program Services	$39,717	ProgramServicesAmt
Management And General	$525	ManagementAndGeneralAmt
Fundraising	$11,216	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$53,125	TotalAmt
Program Services	$45,928	ProgramServicesAmt
Management And General	$1,169	ManagementAndGeneralAmt
Fundraising	$6,028	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$40,250	TotalAmt
Program Services	$2,800	ProgramServicesAmt
Management And General	$31,850	ManagementAndGeneralAmt
Fundraising	$5,600	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$14,750	TotalAmt
Fundraising	$14,750	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$7,040	TotalAmt
Program Services	$1,200	ProgramServicesAmt
Management And General	$5,440	ManagementAndGeneralAmt
Fundraising	$400	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$18,303	TotalAmt
Program Services	$4,255	ProgramServicesAmt
Management And General	$100	ManagementAndGeneralAmt
Fundraising	$13,948	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$20,893	TotalAmt
Program Services	$7,955	ProgramServicesAmt
Management And General	$1,052	ManagementAndGeneralAmt
Fundraising	$11,886	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$22,517	TotalAmt
Program Services	$17,247	ProgramServicesAmt
Management And General	$541	ManagementAndGeneralAmt
Fundraising	$4,729	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$88,324	TotalAmt
Program Services	$80,563	ProgramServicesAmt
Management And General	$2,368	ManagementAndGeneralAmt
Fundraising	$5,393	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$2,864	TotalAmt
Program Services	$925	ProgramServicesAmt
Management And General	$564	ManagementAndGeneralAmt
Fundraising	$1,375	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$4,925	TotalAmt
Program Services	$3,038	ProgramServicesAmt
Management And General	$232	ManagementAndGeneralAmt
Fundraising	$1,655	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$18,290	TotalAmt
Program Services	$16,851	ProgramServicesAmt
Management And General	$825	ManagementAndGeneralAmt
Fundraising	$614	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$8,249	TotalAmt
Program Services	$7,361	ProgramServicesAmt
Management And General	$232	ManagementAndGeneralAmt
Fundraising	$656	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
EDUCATIONAL PROGRAM EXP	$101,088	$100,635	$12	$441
REPAIRS AND MAINTENANCE	$11,317	$10,484	$270	$563
MEMBERSHIP DUES AND SUB	$3,944	$2,090	$391	$1,463
BANK AND CREDIT CARD PR	$3,132		$3,132

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$1,520	TotalAmt
Program Services	$554	ProgramServicesAmt
Management And General	-$1,691	ManagementAndGeneralAmt
Fundraising	-$383	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,041,472	TotalAmt
Program Services	$837,391	ProgramServicesAmt
Management And General	$57,496	ManagementAndGeneralAmt
Fundraising	$146,585	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$42,004	BOYAmt
EOY	$164,337	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$981,570	BOYAmt
EOY	$1,413,112	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$136,994	BOYAmt
EOY	$87,900	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$607	BOYAmt
EOY	$1,731	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,797	BOYAmt
EOY	$19,387	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$232,446	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$56,774	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$184,721	BOYAmt
EOY	$175,672	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$14,578	BOYAmt
EOY	$14,578	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,365,271	BOYAmt
EOY	$1,876,717	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$28,078	BOYAmt
EOY	$43,047	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
EOY	$4,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$107,600	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$28,078	BOYAmt
EOY	$154,647	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,152,293	BOYAmt
EOY	$1,292,774	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$184,900	BOYAmt
EOY	$429,296	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,337,193	BOYAmt
EOY	$1,722,070	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,365,271	BOYAmt
EOY	$1,876,717	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$384,877	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,128,411	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$744,778	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,505,478	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$897,668	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,412,714	CurrentTaxYearAmt
Total	$5,689,049	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,128,411	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$744,778	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,505,478	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$897,668	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,412,714	CurrentTaxYearAmt
Total	$5,689,049	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$1,405,535	SubstantialContributorsTotAmt
Public Support Total170	$4,283,514	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$59	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$878	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,542	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,712	CurrentTaxYearMinus1YearAmt
Current Tax Year	$13,838	CurrentTaxYearAmt
Total	$25,029	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$7,288	CurrentTaxYearMinus2YearsAmt
Total	$7,288	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$5,721,366	TotalSupportAmt
Public Support CY170	0.74870	PublicSupportCY170Pct
Public Support PY170	0.76730	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$152,543	OtherCostOrOtherBasisAmt
Depreciation	$14,994	DepreciationAmt
Book Value	$137,549	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$79,903	OtherCostOrOtherBasisAmt
Depreciation	$41,780	DepreciationAmt
Book Value	$38,123	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$175,672	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	PPP LOAN PAYABLE	Desc
Amt	$107,600	Amt

Field	Value	IRS element (for citing)
Total Liability	$107,600	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,435,314	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$8,965	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$8,965	RevenueNotReportedAmt
Revenue Subtotal	$1,426,349	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,426,349	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$1,050,437	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$8,965	DonatedServicesUseFcltsAmt
Expenses Not Reported	$8,965	ExpensesNotReportedAmt
Expenses Subtotal	$1,041,472	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$1,041,472	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	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.	ExplanationTxt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	COLLEGE AID & ASSISTANCE	GrantTypeTxt
Recipient	50	RecipientCnt
Cash Grant	$52,616	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	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.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 RECORD 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 MTERIAL 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 WIH RESPECT TO A CONTRACT OR TRANSACTION BETWEEN FUTURE 5 SND 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 BAORD, 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 SHALKL NOT TAKE PART INANY 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.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION'S GOVERNING BODY HAS THE RESPONSIBILITY OF OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITS THE STATEMENTS. THIS PROCESS HAS NOT CHANGED FROM THE YEAR OF INCEPTION.