NEW FUTURES: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
NEW FUTURES (EIN 52-2180378)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-08
IRS object ID
202133129349302003
Schema version
2020v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-08T09:56:33-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN814643077PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEYRICH CRONIN & SORRA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1139 NORTH MAIN STREETAddressLine1Txt
CityBEL AIRCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21014ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN522180378EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW FUTURESBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWFBusinessNameControlTxt
Phone2023845854PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1609 H STREET NE NO 500AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200027184ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJULIE ANNE GREENPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2023845854PhoneNum
Signature2021-11-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJULIEPersonFirstNm
Person LastANNE GREENPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN L DOJAN CPAPreparerPersonNm
PTINP01767154PTIN
Phone4108792237PhoneNum
Preparation2021-11-04PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJULIE ANNE GREENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1609 H STREET NE NO 500AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200027184ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,103,472GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NEWFUTURESDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTO CREATE POST-SECONDARY EDUCATIONAL OPPORTUNITIES FOR UNDERSERVED INDIVIDUALS IN THE DC AREA.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers125TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,130,338PYContributionsGrantsAmt
CY Contributions Grants$2,804,032CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$34,487PYInvestmentIncomeAmt
CY Investment Income$16,724CYInvestmentIncomeAmt
PY Other Revenue$245,787PYOtherRevenueAmt
CY Other Revenue$244,025CYOtherRevenueAmt
PY Total Revenue$1,410,612PYTotalRevenueAmt
CY Total Revenue$3,064,781CYTotalRevenueAmt
PY Grants And Similar Paid$497,231PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$469,036CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$644,152PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$724,693CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$56,400PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$54,610CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$290,175CYTotalFundraisingExpenseAmt
PY Other Expenses$449,346PYOtherExpensesAmt
CY Other Expenses$259,819CYOtherExpensesAmt
PY Total Expenses$1,647,129PYTotalExpensesAmt
CY Total Expenses$1,508,158CYTotalExpensesAmt
PY Revenues Less Expenses-$236,517PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,556,623CYRevenuesLessExpensesAmt
Total Assets BOY$1,717,192TotalAssetsBOYAmt
Total Assets EOY$3,346,279TotalAssetsEOYAmt
Total Liabilities BOY$837,028TotalLiabilitiesBOYAmt
Total Liabilities EOY$804,835TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$880,164NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,541,444NetAssetsOrFundBalancesEOYAmt
MissionMISSION: EDUCATIONAL OPPORTUNITIES FOR REWARDING CAREERS. NEW FUTURES PROPELS UNDER-SERVED YOUNG PEOPLE THROUGH SHORT-TERM POSTSECONDARY DEGREES AND INTO EITHER FURTHER EDUCATION OR IN-DEMAND CAREERS THAT LEAD TO FINANCIAL SECURITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,031,731ExpenseAmt
Grant$469,036GrantAmt
DescNEW FUTURES PROVIDES AN INNOVATIVE PROGRAM OF SCHOLARSHIPS, ADVISING, AND CAREER EDUCATION PROGRAMS TO SUPPORT LOW-INCOME DC-AREA YOUNG PEOPLE PURSUING SHORTER-TERM POST-SECONDARY EDUCATIONAL PROGRAMS, LEADING FOR SOME TO FURTHER EDUCATION, AND FOR ALL TO FINANCIALLY-SUSTAINABLE IN-DEMAND CAREERS.Desc
Total Program Service Expenses$1,031,731TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document12IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldDCStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJULIE ANNE GREENPersonNm
Phone2023845854PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1641 S STREET NW 3RD FLOORAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200015196ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SUSAN KRAUSE BELL
CHAIR4.00Yes (X)Yes (X)$0$0$0
PATIENCE PEABODY
VICE CHAIR4.00Yes (X)Yes (X)$0$0$0
BARBARA KAFKA
TREASURER4.00Yes (X)Yes (X)$0$0$0
MICHAEL KERSHOW
SECRETARY4.00Yes (X)$0$0$0
DAVID LESSER
DEVELOPMENT CHAIR4.00Yes (X)$0$0$0
KIM VINICK
PROGRAM CHAIR4.00Yes (X)$0$0$0
VINCENA ALLEN
BOARD MEMBER2.00Yes (X)$0$0$0
ANDREW K BROWN
BOARD MEMBER2.00Yes (X)$0$0$0
KENDRA GRINNAGE
BOARD MEMBER2.00Yes (X)$0$0$0
ELIZABETH HAYES
BOARD MEMBER2.00Yes (X)$0$0$0
ROMANA LI
BOARD MEMBER2.00Yes (X)$0$0$0
KALEEN LOVE
BOARD MEMBER2.00Yes (X)$0$0$0
JONATHAN MATHIS
BOARD MEMBER2.00Yes (X)$0$0$0
NATASHA RODRIGUEZ
BOARD MEMBER2.00Yes (X)$0$0$0
HEATHER WATHINGTON
BOARD MEMBER2.00Yes (X)$0$0$0
EMILY VAN AGTMAEL
BOARD MEMBER2.00Yes (X)$0$0$0
JULIE GREEN
EXECUTIVE DIRECTOR50.00Yes (X)$152,223$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$152,223TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$113,600GovernmentGrantsAmt
All Other Contributions$2,690,432AllOtherContributionsAmt
Total Contributions$2,804,032TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,665TotalRevenueColumnAmt
Exclusion$16,665ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$14,624SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$14,565SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$59SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$59TotalRevenueColumnAmt
Exclusion$59ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$268,151FundraisingGrossIncomeAmt
Fundraising Direct Expenses$24,126FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$244,025TotalRevenueColumnAmt
Exclusion$244,025ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,064,781TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$260,749ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$40,407TotalAmt
Program Services$40,407ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$428,629TotalAmt
Program Services$428,629ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$152,223TotalAmt
Program Services$98,295ProgramServicesAmt
Management And General$11,596ManagementAndGeneralAmt
Fundraising$42,332FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$486,462TotalAmt
Program Services$314,123ProgramServicesAmt
Management And General$37,057ManagementAndGeneralAmt
Fundraising$135,282FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$86,008TotalAmt
Program Services$59,046ProgramServicesAmt
Management And General$4,800ManagementAndGeneralAmt
Fundraising$22,162FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$57,747TotalAmt
Management And General$57,747ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$54,610TotalAmt
Fundraising$54,610FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$20,442TotalAmt
Program Services$5,101ProgramServicesAmt
Management And General$7,320ManagementAndGeneralAmt
Fundraising$8,021FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$22,174TotalAmt
Program Services$17,401ProgramServicesAmt
Management And General$758ManagementAndGeneralAmt
Fundraising$4,015FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,136TotalAmt
Program Services$4,255ProgramServicesAmt
Management And General$4,869ManagementAndGeneralAmt
Fundraising$2,012FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,994TotalAmt
Management And General$1,542ManagementAndGeneralAmt
Fundraising$11,452FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$47,121TotalAmt
Program Services$32,679ProgramServicesAmt
Management And General$11,217ManagementAndGeneralAmt
Fundraising$3,225FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$7,236TotalAmt
Program Services$4,916ProgramServicesAmt
Management And General$570ManagementAndGeneralAmt
Fundraising$1,750FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,245TotalAmt
Program Services$810ProgramServicesAmt
Management And General$92ManagementAndGeneralAmt
Fundraising$343FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,080TotalAmt
Management And General$3,080ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
CAPITAL ONE EQUITY GRAN$29,000$29,000
STAFF TRAINING$11,914$10,840$884$190
CAREER EDUCATION$11,358$11,358
SCHOLAR ONBOARDING$10,380$512$9,868

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$13,992TotalAmt
Program Services$3,959ProgramServicesAmt
Management And General$5,252ManagementAndGeneralAmt
Fundraising$4,781FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,508,158TotalAmt
Program Services$1,031,731ProgramServicesAmt
Management And General$186,252ManagementAndGeneralAmt
Fundraising$290,175FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$383,903BOYAmt
EOY$704,928EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$193,640BOYAmt
EOY$1,380,969EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$566BOYAmt
EOY$3,103EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,744LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$14,145LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,844BOYAmt
EOY$599EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,133,939BOYAmt
EOY$1,256,680EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,300BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,717,192BOYAmt
EOY$3,346,279EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$837,028BOYAmt
EOY$804,835EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$837,028BOYAmt
EOY$804,835EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$645,164BOYAmt
EOY$1,053,474EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$235,000BOYAmt
EOY$1,487,970EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$880,164BOYAmt
EOY$2,541,444EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,717,192BOYAmt
EOY$3,346,279EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,556,623ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$104,657NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,142,525CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$857,806CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,209,688CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,130,338CurrentTaxYearMinus1YearAmt
Current Tax Year$2,690,432CurrentTaxYearAmt
Total$7,030,789TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,142,525CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$857,806CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,209,688CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,130,338CurrentTaxYearMinus1YearAmt
Current Tax Year$2,690,432CurrentTaxYearAmt
Total$7,030,789TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,902,941SubstantialContributorsTotAmt
Public Support Total170$4,127,848PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,581CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,275CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,257CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$165,504CurrentTaxYearMinus1YearAmt
Current Tax Year$121,381CurrentTaxYearAmt
Total$339,998TotalAmt
FieldValueIRS element (for citing)
Total Support$7,370,787TotalSupportAmt
Public Support CY1700.56000PublicSupportCY170Pct
Public Support PY1700.64480PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,744OtherCostOrOtherBasisAmt
Depreciation$14,145DepreciationAmt
Book Value$599BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$599TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$3,169,438TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$104,657NetUnrealizedGainsInvstAmt
Revenue Not Reported$104,657RevenueNotReportedAmt
Revenue Subtotal$3,064,781RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,064,781TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,508,158TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,508,158ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,508,158TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1ELEVATEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12424 18TH ST NW STE C2AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20009ZIPCd
FieldValueIRS element (for citing)
ActivityGRANT WRITING ON CONTRACTActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$804,269GrossReceiptsAmt
Retained By Contractor$54,610RetainedByContractorAmt
Net To Organization$749,659NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$804,269TotalGrossReceiptsAmt
Total Retained By Contractors$54,610TotalRetainedByContractorsAmt
Total Net To Organization$749,659TotalNetToOrganizationAmt
Licensed StatesDCLicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesVALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BENEFIT EVENTEvent1Nm
Gross Receipts Event1$268,151GrossReceiptsEvent1Amt
Gross Revenue Event1$268,151GrossRevenueEvent1Amt
Other Direct Expenses Event1$24,126OtherDirectExpensesEvent1Amt
Gross Receipts Total$268,151GrossReceiptsTotalAmt
Gross Revenue Total Events$268,151GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$24,126OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$24,126DirectExpenseSummaryEventsAmt
Net Income Summary$244,025NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
COLLEGE TRACKS
4827 RUGBY AVE STE 302BETHESDAMD20814204499806501(C)(3)$13,560SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
LAYC CAREER ACADEMY
3224 16TH STREET NWWASHINGTONDC20010454928100501(C)(3)$14,907SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
LIBERTY'S PROMISE
1010 PENDLETON STALEXANDRIAVA22314270058022501(C)(3)$11,940SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeAWARDED SCHOLARSHIPSGrantTypeTxt
Recipient316RecipientCnt
Cash Grant$428,629CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationNEW FUTURES PARTNERS WITH WELL RESPECTED, COMMUNITY-BASED ORGANIZATIONS IN THE WASHINGTON, DC METROPOLITAN AREA. OUR MODEL OF COLLABORATION ALLOWS US TO BUILD ON THE WORK OF OUR COMMUNITY PARTNERS TO PROVIDE YOUNG PEOPLE WITH ACCESS TO POST-SECONDARY EDUCATION.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJULIE GREENPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$152,223BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$152,223TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE BOARD REVIEWS PERFORMANCE OF THE EXECUTIVE DIRECTOR AND VOTES ON ANY SALARY INCREASES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR ONCE COMPLETED BY THE AUDITORS. ONCE THE EXECUTIVE DIRECTOR IS SATISFIED WITH THE ACCURACY, THE 990 IS THEN PASSED ON TO THE BOARD FOR REVIEW. IT IS REVIEWED AND ONCE ACCURATE, APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, ALL INDIVIDUALS COVERED UNDER THE POLICY SHALL BE PROVIDED WITH A COPY OF THE POLICY AND BE REQUIRED TO COMPLETE AND SIGN THE ACKNOWLEDGEMENT AND DISCLOSURE AS PROVIDED BY NEW FUTURES.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OF DIRECTORS DETERMINES APPROPRIATE COMPENSATION AFTER CONSIDERING LOCAL AREA WAGE STUDIES, EXPERIENCE AND PRIOR ACCOMPLISHMENTS OF THE EXECUTIVE DIRECTOR POSITION AND ALL KEY EMPLOYEES. MEMBERS OF THE BOARD OF DIRECTORS ARE NOT COMPENSATED.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE.
PART XII, LINE 2CTHE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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