2017-10-04T10:30:23-05:00 2016-12-31 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2016-01-01 522180378 New Futures NEWF 2023845854 641 S Street NW 3rd Floor Washington DC 20001 Julie Anne Green Executive Director 2023845854 2017-10-04 1 Lori A Collingsworth P00639819 7038930300 2017-08-09 72.214.41.82 2017-10-04 11:29:47 ED P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 539A6A236E8C35E9CB3BF805290DF5953BA1CD00 2016 2021-01-29 14:40:06Z Barbara Kafka 641 S Street NW 3rd Floor Washington DC 20001 1240716 0 X www.newfuturesdc.org X 1999 DC Creating educational opportunities for rewarding careers. See Schedule O 15 15 8 35 0 0 750052 1142545 0 0 -6559 16522 0 -22845 743493 1136222 268188 193851 0 0 368479 324978 0 0 150837 182138 259374 818805 778203 -75312 358019 1472217 1768458 552015 454950 920202 1313508 X Creating educational opportunities for rewarding careers.See Schedule O 0 0 425780 193851 New Futures Scholars Program: New Futures Scholars Program empowers low-income students to obtain a shorter-term post-secondary education (associate's degrees or post-secondary certificates) toward a meaningful career and financial self-sufficiency. 15728 Career Education Program: New Futures recognizes that students need multiple pathways to a successful career and that the four-year college "one size fits all" approach may not work for everyone. We educate young people about the economy, employment trends and more specifically about middle-skill careers through an interactive, online tool, the New Futures Career Navigator, as well as Career Education Workshops, the New Futures Career Guide and by participating in local career fairs. 441508 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X Julie Anne Green Executive Director 2023845854 641 S Street NW 3rd Floor Washington DC 20001 Barbara Kafka Chair 10.00 X X 0 0 0 Kristoffer Collo Vice Chair 10.00 X X 0 0 0 P Gregory Banks Treasurer 10.00 X X 0 0 0 Michael R Kershow Secretary 10.00 X X 0 0 0 Romana Li Director 2.00 X 0 0 0 Michael Gould Founder/ Director 2.00 X 0 0 0 Susan Krause Bell PhD Director 2.00 X 0 0 0 Andrew K Brown Director 2.00 X 0 0 0 Ray A Foote Director 2.00 X 0 0 0 David Lesser Director 2.00 X 0 0 0 Christine Morfit Director 2.00 X 0 0 0 Ilene Rosenthal Director 2.00 X 0 0 0 Emily van Agtmael Director 2.00 X 0 0 0 Kim Vinick Director 2.00 X 0 0 0 Heather Wathington Director 2.00 X 0 0 0 Julie Anne Green Executive Director 40.00 X 96000 0 560 96000 0 560 0 0 0 0 0 7388 176918 958239 41996 1142545 16581 16581 40887 40946 -59 -59 -59 40703 176918 63548 -22845 -22845 1136222 0 0 -6323 X 193851 193851 96561 47842 23560 25159 195280 97318 46785 51177 9739 4854 2333 2552 23398 11660 5606 6132 31646 31646 94290 11617 29177 53496 13620 9266 570 3784 16380 6646 6277 3457 21316 18199 3117 26104 26104 10921 5396 3997 1528 559 399 160 2641 2641 2221 2221 Scholar program expense 34857 34857 Bad debt 2000 2000 Staff training 1724 1449 275 Taxes and licenses 1095 2 1093 778203 441508 185858 150837 199130 141920 0 14361 206650 597950 6800 3300 11764 6507 2554 5257 1057083 1005670 1472217 1768458 18356 33722 533659 421228 552015 454950 X 663202 677508 257000 636000 920202 1313508 1472217 1768458 358019 35287 0 X X 0 1 X 1 0 X 736933 524109 806459 750052 1142545 3960098 736933 524109 806459 750052 1142545 3960098 1348635 2611463 25525 108100 24467 14457 16581 189130 4149228 108558 0.62940 0.68560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11764 6507 5257 5257 X 1235057 35287 63548 98835 1136222 0 1136222 841751 63548 63548 778203 0 778203 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 63,548. Part XII, Line 2d - Other Adjustments: Direct Fundraising Event Expenses 63,548. Bright Futures Benefit dinner 217621 176918 40703 6300 40425 16823 217621 176918 40703 6300 40425 16823 63548 -22845 1 CollegeTracks 4827 Rugby Avenue Suite 302 Bethesda MD 20814 204499806 501(c)(3) 85879 0 N/A N/A Scholarship and scholar support programs Community Club New York Avenue Foundation 1313 New York Avenue Washington DC 20005 521379938 501(c)(3) 5092 0 N/A N/A Scholarship and scholar support programs Covenant House Washington DC 2001 Mississippi Avenue SE Washington DC 20020 133537709 501(c)(3) 8010 0 N/A N/A Scholarship and scholar support programs For Love of Children 1763 Columbia Road NW Washington DC 20009 526064548 501(c)(3) 8544 0 N/A N/A Scholarship and scholar support programs Hope and A Home 1439 R Street NW Washington DC 20009 202869184 501(c)(3) 7647 0 N/A N/A Scholarship and scholar support programs Jubilee Jobs 2712 Ontario Road NW Washington DC 20009 521248559 501(c)(3) 12420 0 N/A N/A Scholarship and scholar support programs Latin America Youth Center 1419 Columbia Road NW Washington DC 20009 521023074 501(c)(3) 124767 0 N/A N/A Scholarship and scholar support programs Liberty's Promise 1010 Pendleton Street Alexandria VA 223141837 270058022 501(c)(3) 30486 0 N/A N/A Scholarship and scholar support programs Sasha Bruce Youthwork Inc 745 8th Street SE Washington DC 20003 521006486 501(c)(3) -6474 0 N/A N/A Scholarship and scholar support programs See Forever Foundation 1436 U Street NW Suite 203 Washington DC 20009 521942257 501(c)(3) 15731 0 N/A N/A Scholarship and scholar support programs Scholarship and scholar support programs Year Up Metro Washington DC 1560 Wilson Boulevard Suite 350 Arlington VA 22209 043534407 501(c)(3) 11094 0 N/A N/A Scholarship and scholar support programs Academy of Hope 601 Edgewood Street NE Suite 25 Washington DC 20017 521730021 501(c)(3) 3020 0 N/A N/A Scholarship and scholar support programs Annual Accrual Adjustment for grants (not yet identifiable) 641 S Street NW 3rd Floor Washington DC 20001 522180378 -112365 0 N/A N/A Scholarship and scholar support programs 12 0 Part I, Line 2: New 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. X 6 41996 Fair Market Value 0 0 0 Form 990, Part I, Line 1 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 both our Scholars Program and our Career Education Program, 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 1 New 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 11b All officers reviewed the entire return and inquired on any issues of the CPA/tax preparer before signing/filing of the return. Form 990, Part VI, Section B, line 12c On 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 15 The 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 19 Information is available upon request to the public at the New Futures office. Form 990, Part IX, line 11g Contractors, consultants, and other professional fees: Program service expenses 11,617. Management and general expenses 29,177. Fundraising expenses 53,496. Total expenses 94,290. 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.