FURP.ORG / PUBLIC DATA EXPLORER

NEW FUTURES: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
NEW FUTURES (EIN 52-2180378)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-10-23
IRS object ID
201942969349300639
Schema version
2018v3.1
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)
Return2019-10-23T12:19:03-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582676261PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Rogers & Company PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18300 Boone Boulevard Suite 600AddressLine1Txt
CityViennaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22182ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-10-23SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLori A CollingsworthPreparerPersonNm
PTINP00639819PTIN
Phone7038930300PhoneNum
Preparation2019-10-22PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address174.70.27.74IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-10-23IPDt
IP Tm13:16:47IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id5757F712A8161F6F3964D64EA127352BD3BB441CAtSubmissionCreationDeviceId
At Submission Filing Device Id5757F712A8161F6F3964D64EA127352BD3BB441CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBarbara KafkaPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1641 S Street NW 3rd FloorAddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200015196ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,664,515GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.newfuturesdc.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionCreating educational opportunities for rewarding careers. See Schedule OActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers60TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$857,806PYContributionsGrantsAmt
CY Contributions Grants$1,209,688CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$17,351PYInvestmentIncomeAmt
CY Investment Income$22,020CYInvestmentIncomeAmt
PY Other Revenue-$24,203PYOtherRevenueAmt
CY Other Revenue-$46,733CYOtherRevenueAmt
PY Total Revenue$850,954PYTotalRevenueAmt
CY Total Revenue$1,184,975CYTotalRevenueAmt
PY Grants And Similar Paid$259,593PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$269,483CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$388,538PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$480,798CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$40,425PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$40,425CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$228,921CYTotalFundraisingExpenseAmt
PY Other Expenses$234,426PYOtherExpensesAmt
CY Other Expenses$296,016CYOtherExpensesAmt
PY Total Expenses$922,982PYTotalExpensesAmt
CY Total Expenses$1,086,722CYTotalExpensesAmt
PY Revenues Less Expenses-$72,028PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$98,253CYRevenuesLessExpensesAmt
Total Assets BOY$1,748,755TotalAssetsBOYAmt
Total Assets EOY$1,721,423TotalAssetsEOYAmt
Total Liabilities BOY$434,176TotalLiabilitiesBOYAmt
Total Liabilities EOY$379,818TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,314,579NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,341,605NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNew Futures' mission is educational opportunities for rewarding careers. See Schedule OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$710,332ExpenseAmt
Grant$269,483GrantAmt
DescNew Futures' provides a unique program, combining education and workforce elements to propel young adults to receive post-secondary credentials and obtain fulfilling and financially-stabilizing careers. Our program includes scholarship awards, ongoing individualized support, skill-building experiences, and career exposure opportunities. Of New Futures Scholars selected in the last five years, 91% have completed their post-secondary programs or continue to persist in those programs.Desc
Total Program Service Expenses$710,332TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
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 Individuals0GrantsToIndividualsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
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 Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
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 ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
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

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Julie Anne Green Executive DirectorBusinessNameLine1Txt
FieldValueIRS element (for citing)
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 (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Barbara Kafka
Chair4.00Yes (X)Yes (X)$0$0$0
Susan Krause Bell
Vice Chair4.00Yes (X)Yes (X)$0$0$0
Michael Kershow
Secretary4.00Yes (X)Yes (X)$0$0$0
Andrew Brown
Director2.00Yes (X)$0$0$0
Jon Ettinger
Director2.00Yes (X)$0$0$0
Ray Foote
Director2.00Yes (X)$0$0$0
Michael Gould
Director2.00Yes (X)$0$0$0
David Lesser
Director2.00Yes (X)$0$0$0
Romana Li
Director2.00Yes (X)$0$0$0
Kaleen Love PH D
Director2.00Yes (X)$0$0$0
Patience Peabody
Director2.00Yes (X)$0$0$0
Emily Van Agtmael
Director2.00Yes (X)$0$0$0
Kim Vinick
Director2.00Yes (X)$0$0$0
Heather Wathington PHD
Director2.00Yes (X)$0$0$0
Julie Green
Executive Director50.00Yes (X)$141,959$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$141,959TotalReportableCompFromOrgAmt
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
Federated Campaigns$2,774FederatedCampaignsAmt
Fundraising$246,697FundraisingAmt
All Other Contributions$960,217AllOtherContributionsAmt
Noncash Contributions$27,823NoncashContributionsAmt
Total Contributions$1,209,688TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,257TotalRevenueColumnAmt
Exclusion$21,257ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$385,393SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$384,630SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$763SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$763TotalRevenueColumnAmt
Exclusion$763ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$48,177FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$246,697ContriRptFundraisingEventAmt
Fundraising Direct Expenses$94,910FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$46,733TotalRevenueColumnAmt
Exclusion-$46,733ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,184,975TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$24,713ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$269,483TotalAmt
Program Services$269,483ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$141,959TotalAmt
Program Services$68,140ProgramServicesAmt
Management And General$18,455ManagementAndGeneralAmt
Fundraising$55,364FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$294,228TotalAmt
Program Services$192,525ProgramServicesAmt
Management And General$33,176ManagementAndGeneralAmt
Fundraising$68,527FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$11,913TotalAmt
Program Services$5,956ProgramServicesAmt
Management And General$4,170ManagementAndGeneralAmt
Fundraising$1,787FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$32,698TotalAmt
Program Services$16,349ProgramServicesAmt
Management And General$11,444ManagementAndGeneralAmt
Fundraising$4,905FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$37,035TotalAmt
Management And General$37,035ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$40,425TotalAmt
Fundraising$40,425FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$15,819TotalAmt
Management And General$9,819ManagementAndGeneralAmt
Fundraising$6,000FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$35,509TotalAmt
Program Services$24,674ProgramServicesAmt
Management And General$6,082ManagementAndGeneralAmt
Fundraising$4,753FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$33,582TotalAmt
Program Services$5,419ProgramServicesAmt
Management And General$5,090ManagementAndGeneralAmt
Fundraising$23,073FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$34,186TotalAmt
Program Services$30,684ProgramServicesAmt
Management And General$490ManagementAndGeneralAmt
Fundraising$3,012FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$57,849TotalAmt
Program Services$28,925ProgramServicesAmt
Management And General$14,462ManagementAndGeneralAmt
Fundraising$14,462FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,022TotalAmt
Program Services$5,142ProgramServicesAmt
Management And General$3,032ManagementAndGeneralAmt
Fundraising$3,848FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,226TotalAmt
Program Services$2,945ProgramServicesAmt
Fundraising$1,281FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,021TotalAmt
Management And General$3,021ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,235TotalAmt
Program Services$1,617ProgramServicesAmt
Management And General$809ManagementAndGeneralAmt
Fundraising$809FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Scholar program expense$50,213$50,213
Alumni engagement$7,654$7,654
Staff training$910$606$304
Taxes and licenses$455$80$375

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$300TotalAmt
Fundraising$300FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,086,722TotalAmt
Program Services$710,332ProgramServicesAmt
Management And General$147,469ManagementAndGeneralAmt
Fundraising$228,921FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$170,037BOYAmt
EOY$133,086EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$340,045BOYAmt
EOY$291,127EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$128,620BOYAmt
EOY$203,227EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$268BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,400BOYAmt
EOY$20,761EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$14,744LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$10,496LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,903BOYAmt
EOY$4,248EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,101,482BOYAmt
EOY$1,068,974EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,748,755BOYAmt
EOY$1,721,423EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$27,764BOYAmt
EOY$58,158EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$406,412BOYAmt
EOY$321,660EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$434,176BOYAmt
EOY$379,818EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$771,579BOYAmt
EOY$858,309EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$543,000BOYAmt
EOY$483,296EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,314,579BOYAmt
EOY$1,341,605EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,748,755BOYAmt
EOY$1,721,423EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$98,253ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$71,227NetUnrlzdGainsLossesInvstAmt
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$806,459CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$750,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,142,545CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$857,806CurrentTaxYearMinus1YearAmt
Current Tax Year$1,209,688CurrentTaxYearAmt
Total$4,766,550TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$806,459CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$750,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,142,545CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$857,806CurrentTaxYearMinus1YearAmt
Current Tax Year$1,209,688CurrentTaxYearAmt
Total$4,766,550TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,133,968SubstantialContributorsTotAmt
Public Support Total170$3,632,582PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$24,467CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$14,457CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,581CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,275CurrentTaxYearMinus1YearAmt
Current Tax Year$21,257CurrentTaxYearAmt
Total$92,037TotalAmt
FieldValueIRS element (for citing)
Total Support$4,858,587TotalSupportAmt
Gross Receipts Rltd Activities$179,477GrossReceiptsRltdActivitiesAmt
Public Support CY1700.74770PublicSupportCY170Pct
Public Support PY1700.69590PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,744OtherCostOrOtherBasisAmt
Depreciation$10,496DepreciationAmt
Book Value$4,248BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,248TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,208,658TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$71,227NetUnrealizedGainsInvstAmt
Other Revenue$94,910OtherRevenueAmt
Revenue Not Reported$23,683RevenueNotReportedAmt
Revenue Subtotal$1,184,975RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,184,975TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,181,632TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$94,910OtherExpensesIncludedAmt
Expenses Not Reported$94,910ExpensesNotReportedAmt
Expenses Subtotal$1,086,722ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,086,722TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:Management has evaluated the Organization's tax positions and concluded that the Organization's financial statements do not include any uncertain tax positions.
Part XI, Line 2d - Other Adjustments:Direct Fundraising Event Expenses 94,910.
Part XII, Line 2d - Other Adjustments:Direct Fundraising Event Expenses 94,910.

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$470,000GrossReceiptsAmt
Retained By Contractor$40,425RetainedByContractorAmt
Net To Organization$429,575NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$470,000TotalGrossReceiptsAmt
Total Retained By Contractors$40,425TotalRetainedByContractorsAmt
Total Net To Organization$429,575TotalNetToOrganizationAmt
Licensed StatesDCLicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesVALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Bright Futures Benefit dinnerEvent1Nm
Gross Receipts Event1$294,874GrossReceiptsEvent1Amt
Charitable Contri Event1$246,697CharitableContriEvent1Amt
Gross Revenue Event1$48,177GrossRevenueEvent1Amt
Non Cash Prizes Event1$11,056NonCashPrizesEvent1Amt
Rent Facility Costs Event1$30,000RentFacilityCostsEvent1Amt
Food And Beverage Event1$42,729FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$11,125OtherDirectExpensesEvent1Amt
Gross Receipts Total$294,874GrossReceiptsTotalAmt
Charitable Contributions Tot$246,697CharitableContributionsTotAmt
Gross Revenue Total Events$48,177GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$11,056NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$30,000RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$42,729FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$11,125OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$94,910DirectExpenseSummaryEventsAmt
Net Income Summary-$46,733NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
Academy of Hope
2315 18th Pl NEWashingtonDC20018521730021501(c)(3)$6,000N/AN/AScholarship and scholar support programs
College Tracks
4827 Rugby Ave Ste 302BethesdaMD20814204499806501(c)(3)$96,800N/AN/AScholarship and scholar support programs
Community Club
1313 New York Avenue NWWashingtonDC20005521379938501(c)(3)$7,800N/AN/AScholarship and scholar support programs
Covenant House Washington
2001 Mississippi Ave SEWashingtonDC20020133537709501(c)(3)$15,600N/AN/AScholarship and scholar support programs
Jubilee Jobs
2712 Ontario Rd NWWashingtonDC20009521248559501(c)(3)$23,400N/AN/AScholarship and scholar support programs
Latin American Youth Center
1419 Columbia Rd NWWashingtonDC20009521023074501(c)(3)$62,400N/AN/AScholarship and scholar support programs
LAYC Career Academy
3224 16th Street NWWashingtonDC20010454928100501(c)(3)$15,600N/AN/AScholarship and scholar support programs
Liberty's Promise
1010 Pendleton StAlexandriaVA22314270058022501(c)(3)$31,200N/AN/AScholarship and scholar support programs
Next Step Public Charter School
3047 15th Street NWWashingtonDC20009522103442501(c)(3)$31,200N/AN/AScholarship and scholar support programs
Urban Alliance
2030 Q Street NWWashingtonDC20009521938443501(c)(3)$41,200N/AN/AScholarship and scholar support programs
Year Up Metro Washington DC
19901 S Bell St Ste 100ArlingtonVA22202043534407501(c)(3)$7,800N/AN/AScholarship and scholar support programs
Annual Accrual Adjustment for grants (not yet identifiable)
641 S Street NW 3rd FloorWashingtonDC20001522180378-$69,517N/AN/AScholarship and scholar support programs
FieldValueIRS element (for citing)
Total501c3 Org11Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationNew Futures partners with 14 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. New Futures monitors progress of educational pursuits in accordance with terms of grants to individuals through partner organizations.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$16,767NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair Market ValueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescBenefit itemsDesc
Contribution43ContributionCnt
Noncash Contributions Rpt F990$11,056NoncashContributionsRptF990Amt
Method Of Determining RevenuesFair Market ValueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part I, Line 1, Description of Organization Mission:Low-income youth in the DC Metro Area face major obstacles in accessing and completing higher education and entering the job market. In addition to facing major personal challenges, the young people we serve often lack knowledge and information about the many in-demand jobs available in the DC region and how to obtain them. Many fast-growing careers in our region do not require a four-year college degree. Our present education system, centered on four-year college, is not well-adapted to the realities of the contemporary DC job market or the needs of the thousands of young adults who seek a practical education as a means to a fulfilling career. Through our program activities, New Futures serves youth and young adults in the DC Metro Area seeking life-changing educational and career opportunities. New Futures helps our Scholars get rewarding careers in fields such as health science, information technology, education, hospitality and tourism, STEM, human services and many more.
Form 990, Part III, Line 1New Futures provides a practical yet innovative program of scholarships, career education services, and support to low-income DC-area young people pursuing shorter-term post-secondary educational opportunities toward fulfilling careers. In close collaboration with our 14 Community Partners, New Futures provides a broad range of services that focus on assisting local young people to obtain associate degrees, professional certificates and other shorter-term post-secondary educations that lead relatively quickly and inexpensively to meaningful and well-paying careers. New Futures empowers the youth we serve to realize their potential and achieve financial stability. We bridge information, education and workforce gaps to ensure a long-lasting impact, both for the young people we support and our broader community. New Futures is a leader in the DC area post-secondary education and workforce development spaces.
Form 990, Part VI, Section B, line 11bAll officers reviewed the entire return and inquired on any issues of the CPA/tax preparer before signing/filing of the return. The 990 was then distributed to the full board prior to filing with the IRS.
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 form 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 19Information is available upon request to the public at the New Futures office.
Form 990, Part XII, Line 2c:The Board of Directors is responsible for oversight of the audit and selection of the independent accountant. The process has not changed from prior years.