NEW FUTURES: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
NEW FUTURES (EIN 52-2180378)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-13
IRS object ID
202043189349306124
Schema version
2019v5.1
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)
Return2020-11-13T12:06:53-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

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 Begin2019-01-01TaxPeriodBeginDt

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 Line1641 S STREET NW 3RD FLOORAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200015196ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJULIE ANNE GREENPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2023845854PhoneNum
Signature2020-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKAREN L DOJAN CPAPreparerPersonNm
PTINP01767154PTIN
Phone4108792237PhoneNum
Preparation2020-11-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address208.82.213.4IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-13IPDt
IP Tm12:48:41IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id416FC85135C220EA2695E556CD23835B76896143AtSubmissionCreationDeviceId
At Submission Filing Device IdE4849B03ABF62DDF7139E46DA22C6DB303D53597AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJULIE ANNE GREENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1641 S STREET NW 3RD FLOORAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200015196ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,599,464GrossReceiptsAmt
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 EDUCATIONAL OPPORTUNITIES FOR REWARDING CAREERS.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee11TotalEmployeeCnt
Total Volunteers85TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,209,688PYContributionsGrantsAmt
CY Contributions Grants$1,130,338CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$22,020PYInvestmentIncomeAmt
CY Investment Income$34,487CYInvestmentIncomeAmt
PY Other Revenue-$46,733PYOtherRevenueAmt
CY Other Revenue$245,787CYOtherRevenueAmt
PY Total Revenue$1,184,975PYTotalRevenueAmt
CY Total Revenue$1,410,612CYTotalRevenueAmt
PY Grants And Similar Paid$269,483PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$497,231CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$480,798PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$644,152CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$40,425PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$56,400CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$246,023CYTotalFundraisingExpenseAmt
PY Other Expenses$296,016PYOtherExpensesAmt
CY Other Expenses$449,346CYOtherExpensesAmt
PY Total Expenses$1,086,722PYTotalExpensesAmt
CY Total Expenses$1,647,129CYTotalExpensesAmt
PY Revenues Less Expenses$98,253PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$236,517CYRevenuesLessExpensesAmt
Total Assets BOY$1,721,423TotalAssetsBOYAmt
Total Assets EOY$1,717,192TotalAssetsEOYAmt
Total Liabilities BOY$379,818TotalLiabilitiesBOYAmt
Total Liabilities EOY$837,028TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,341,605NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$880,164NetAssetsOrFundBalancesEOYAmt
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$1,195,633ExpenseAmt
Grant$497,231GrantAmt
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$1,195,633TotalProgramServiceExpensesAmt
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 SecYes (1)ReportInvestmentsOtherSecInd
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 Required0ScheduleJRequiredInd
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 Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee11EmployeeCnt
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
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
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
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeInd
BARBARA KAFKA
CHAIR4.00Yes (X)Yes (X)$0$0$0
SUSAN KRAUSE BELL
VICE CHAIR & TREASURER4.00Yes (X)Yes (X)$0$0$0
MICHAEL KERSHOW
SECRETARY4.00Yes (X)Yes (X)$0$0$0
DAVID LESSER
DEVELOPMENT CHAIR4.00Yes (X)$0$0$0
ANDREW K BROWN
BOARD MEMBER2.00Yes (X)$0$0$0
JON ETTINGER
BOARD MEMBER2.00Yes (X)$0$0$0
MICHAEL GOULD
FOUNDER & 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 D MATHIS
BOARD MEMBER2.00Yes (X)$0$0$0
PATIENCE PEABODY
BOARD MEMBER2.00Yes (X)$0$0$0
NATASHA RODRIGUEZ
BOARD MEMBER2.00Yes (X)$0$0$0
EMILY VAN AGTMAEL
BOARD MEMBER2.00Yes (X)$0$0$0
KIM VINICK
BOARD MEMBER2.00Yes (X)$0$0$0
HEATHER WATHINGTON
BOARD MEMBER2.00Yes (X)$0$0$0
JULIE GREEN
EXECUTIVE DIRECTOR50.00$147,626$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$147,626TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,130,338AllOtherContributionsAmt
Total Contributions$1,130,338TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$27,778TotalRevenueColumnAmt
Exclusion$27,778ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$100,350SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$93,641SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$6,709SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,709TotalRevenueColumnAmt
Exclusion$6,709ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$336,077FundraisingGrossIncomeAmt
Fundraising Direct Expenses$95,211FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$240,866TotalRevenueColumnAmt
Exclusion$240,866ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHERDesc
Business541900BusinessCd
Total Revenue Column$4,921TotalRevenueColumnAmt
Related Or Exempt Func Income$4,921RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,921OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,410,612TotalRevenueColumnAmt
Related Or Exempt Func Income$4,921RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$275,353ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$43,879TotalAmt
Program Services$43,879ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$453,352TotalAmt
Program Services$453,352ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$147,626TotalAmt
Program Services$101,112ProgramServicesAmt
Management And General$13,181ManagementAndGeneralAmt
Fundraising$33,333FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$423,679TotalAmt
Program Services$290,186ProgramServicesAmt
Management And General$37,827ManagementAndGeneralAmt
Fundraising$95,666FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$72,847TotalAmt
Program Services$33,464ProgramServicesAmt
Management And General$29,376ManagementAndGeneralAmt
Fundraising$10,007FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$56,400TotalAmt
Fundraising$56,400FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$69,850TotalAmt
Program Services$2,798ProgramServicesAmt
Management And General$67,052ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$28,699TotalAmt
Program Services$25,709ProgramServicesAmt
Fundraising$2,990FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,235TotalAmt
Program Services$1,092ProgramServicesAmt
Management And General$5,696ManagementAndGeneralAmt
Fundraising$447FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$81,929TotalAmt
Program Services$50,645ProgramServicesAmt
Management And General$25,725ManagementAndGeneralAmt
Fundraising$5,559FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,757TotalAmt
Program Services$5,407ProgramServicesAmt
Management And General$3,639ManagementAndGeneralAmt
Fundraising$1,711FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,403TotalAmt
Program Services$1,585ProgramServicesAmt
Management And General$300ManagementAndGeneralAmt
Fundraising$518FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,536TotalAmt
Management And General$2,536ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CAPITAL ONE EQUITY GRAN$82,663$82,663
SCHOLAR ONBOARDING$40,740$38,583$2,137$20
EFFORTS ON OUTCOME$30,156$30,156
PRINTING$16,842$25$935$15,882

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$75,536TotalAmt
Program Services$34,977ProgramServicesAmt
Management And General$17,069ManagementAndGeneralAmt
Fundraising$23,490FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,647,129TotalAmt
Program Services$1,195,633ProgramServicesAmt
Management And General$205,473ManagementAndGeneralAmt
Fundraising$246,023FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$424,214BOYAmt
EOY$383,903EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$203,227BOYAmt
EOY$193,640EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,461BOYAmt
EOY$566EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,744LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,900LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,248BOYAmt
EOY$1,844EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,068,973BOYAmt
EOY$1,133,939EOYAmt

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,721,423BOYAmt
EOY$1,717,192EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$379,818BOYAmt
EOY$837,028EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$379,818BOYAmt
EOY$837,028EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$858,309BOYAmt
EOY$645,164EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$483,296BOYAmt
EOY$235,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,341,605BOYAmt
EOY$880,164EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,721,423BOYAmt
EOY$1,717,192EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$236,517ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$131,017NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$355,941PriorPeriodAdjustmentsAmt
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$750,052CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,142,525CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$857,806CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,209,688CurrentTaxYearMinus1YearAmt
Current Tax Year$1,130,338CurrentTaxYearAmt
Total$5,090,409TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$750,052CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,142,525CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$857,806CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,209,688CurrentTaxYearMinus1YearAmt
Current Tax Year$1,130,338CurrentTaxYearAmt
Total$5,090,409TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,657,567SubstantialContributorsTotAmt
Public Support Total170$3,432,842PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,457CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,581CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$15,275CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$21,257CurrentTaxYearMinus1YearAmt
Current Tax Year$165,504CurrentTaxYearAmt
Total$233,074TotalAmt
FieldValueIRS element (for citing)
Total Support$5,323,483TotalSupportAmt
Public Support CY1700.64480PublicSupportCY170Pct
Public Support PY1700.74770PublicSupportPY170Pct
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$12,900DepreciationAmt
Book Value$1,844BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,844TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MONEY MARKET$307,567F
CD'S$139,858F
STOCK$2,644F
MUTUAL FUNDS$683,870F
FieldValueIRS element (for citing)
Total Book Value Securities$1,133,939TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$1,541,629TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$131,017NetUnrealizedGainsInvstAmt
Revenue Not Reported$131,017RevenueNotReportedAmt
Revenue Subtotal$1,410,612RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,410,612TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,647,129TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,647,129ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,647,129TotalExpensesPerForm990Amt

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$532,450GrossReceiptsAmt
Retained By Contractor$56,400RetainedByContractorAmt
Net To Organization$476,050NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$532,450TotalGrossReceiptsAmt
Total Retained By Contractors$56,400TotalRetainedByContractorsAmt
Total Net To Organization$476,050TotalNetToOrganizationAmt
Licensed StatesDCLicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesVALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BENEFIT EVENTEvent1Nm
Gross Receipts Event1$336,077GrossReceiptsEvent1Amt
Charitable Contri Event1$0CharitableContriEvent1Amt
Gross Revenue Event1$336,077GrossRevenueEvent1Amt
Cash Prizes Event1$700CashPrizesEvent1Amt
Non Cash Prizes Event1$872NonCashPrizesEvent1Amt
Rent Facility Costs Event1$16,653RentFacilityCostsEvent1Amt
Food And Beverage Event1$55,261FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$21,725OtherDirectExpensesEvent1Amt
Gross Receipts Total$336,077GrossReceiptsTotalAmt
Gross Revenue Total Events$336,077GrossRevenueTotalEventsAmt
Cash Prizes Total Events$700CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$872NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$16,653RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$55,261FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$21,725OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$95,211DirectExpenseSummaryEventsAmt
Net Income Summary$240,866NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ACADEMY OF HOPE
2315 18TH PL NEWASHINGTONDC20018521730021501(C)(3)$1,500SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
COLLEGE TRACKS
4827 RUGBY AVE STE 302BETHESDAMD20814204499806501(C)(3)$7,154SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
JUBILEE JOBS
2712 ONTARIO RD NWWASHINGTONDC20009521248559501(C)(3)$3,936SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
LAYC CAREER ACADEMY
3224 16TH STREET NWWASHINGTONDC20010454928100501(C)(3)$16,574SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
LIBERTY'S PROMISE
1010 PENDLETON STALEXANDRIAVA22314270058022501(C)(3)$14,715SCHOLARSHIP AND SCHOLAR SUPPORT PROGRAMS
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeAWARDED SCHOLARSHIPSGrantTypeTxt
Recipient314RecipientCnt
Cash Grant$453,352CashGrantAmt

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 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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