2021-03-10T10:33:34-06:00 2020-06-30 061253566 WALTER J MCKEEVER & COMPANY LLC PO BOX 5147 15 VALLEY DRIVE GREENWICH CT 06831 990 2019-07-01 462986201 FUTURE 5 INC FUTU 2033588787 135 ATLANTIC STREET STAMFORD CT 06901 JOHN BONORA TREASURER 2033588787 2021-03-10 1 DENISE C DORIA P01283182 2036228625 X 2019 2022-09-23 18:48:47Z CLIFTON MCFEELY 135 ATLANTIC STREET STAMFORD CT 06901 1439556 0 X WWW.FUTUREFIVE.ORG X 2013 CT FUTURE 5, INC. HELPS MOTIVATED, UNDER-RESOURCED STUDENTS IN STAMFORD, CT CONNECT TO THEIR FULL POTENTIAL LEADING TO INDEPENDENCE AND PRODUCTIVE CITIZENSHIP. 16 14 15 100 0 0 897668 1412714 0 0 8001 13635 0 0 905669 1426349 47792 52616 0 0 465430 624490 35750 14750 146585 388278 349616 937250 1041472 -31581 384877 1365271 1876717 28078 154647 1337193 1722070 X 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. 0 0 322788 0 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. 157032 52616 0 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 173904 0 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. 183667 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. 183667 837391 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 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 TOM TURRENTINE 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 40000 0 0 POLLY PERKINS JOHNSON BOARD MEMBER 15.00 X 0 0 0 JESSICA LEE BOARD MEMBER 0.50 X 0 0 0 DAVID SCHIRMER BOARD MEMBER 0.50 X 0 0 0 JED SELKOWITZ BOARD MEMBER 0.50 X 0 0 0 JOHN WELCH BOARD MEMBER (THRU JAN 2020) 0.50 X 0 0 0 NANCY BENJAMIN BOARD MEMBER 0.50 X 0 0 0 BILL BRADLEY BOARD MEMBER 0.50 X 0 0 0 JEFF GROWNEY BOARD MEMBER 0.50 X 0 0 0 FRANK LYON BOARD MEMBER 0.50 X 0 0 0 RICK SWIFT BOARD MEMBER 0.50 X 0 0 0 ANDREI SAUNDERS BOARD MEMBER 0.50 X 0 0 0 RACHEL DEWEY EXECUTIVE DIRECTOR 50.00 X 104000 0 0 144000 0 0 1 0 0 0 0 1412714 17809 1412714 13838 13838 13004 13207 -203 -203 -203 1426349 0 0 13635 52616 52616 144000 128844 5271 9885 375907 314328 5213 56366 51458 39717 525 11216 53125 45928 1169 6028 40250 2800 31850 5600 14750 14750 7040 1200 5440 400 18303 4255 100 13948 20893 7955 1052 11886 22517 17247 541 4729 88324 80563 2368 5393 2864 925 564 1375 4925 3038 232 1655 18290 16851 825 614 8249 7361 232 656 EDUCATIONAL PROGRAM EXP 101088 100635 12 441 REPAIRS AND MAINTENANCE 11317 10484 270 563 MEMBERSHIP DUES AND SUB 3944 2090 391 1463 BANK AND CREDIT CARD PR 3132 3132 -1520 554 -1691 -383 1041472 837391 57496 146585 42004 164337 981570 1413112 136994 87900 607 1731 4797 19387 232446 56774 184721 175672 14578 14578 1365271 1876717 28078 43047 4000 0 107600 28078 154647 X 1152293 1292774 184900 429296 1337193 1722070 1365271 1876717 384877 0 X X 0 1 X 1 0 X 1128411 744778 1505478 897668 1412714 5689049 1128411 744778 1505478 897668 1412714 5689049 1405535 4283514 59 878 2542 7712 13838 25029 7288 7288 5721366 0.74870 0.76730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 152543 14994 137549 79903 41780 38123 175672 PPP LOAN PAYABLE 107600 107600 X 1435314 8965 8965 1426349 0 1426349 1050437 8965 8965 1041472 0 1041472 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. 1 COLLEGE AID & ASSISTANCE 50 52616 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. 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.