FUTUREWORKS INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- FUTUREWORKS INC (EIN 04-3580614)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-10-24
- IRS object ID
- 202512979349301011
- Schema version
- 2024v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-24T09:54:17-04:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042929980 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BURKHART PIZZANELLI PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 PARK AVE SUITE 2 | AddressLine1Txt |
| City | WEST SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 010891597 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043580614 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUTUREWORKS INC | BusinessNameLine1Txt |
| Business Name Line2 | D/B/A MASSHIRE SPRINGFIELD CAREER C | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FUTU | BusinessNameControlTxt |
| Phone | 4138582806 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 95 LIBERTY STREET 3RD FLOOR | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPHINE SARNELLI | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 4138582806 | PhoneNum |
| Signature | 2025-10-22 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIE QUINK | PreparerPersonNm |
| PTIN | P01068729 | PTIN |
| Phone | 4137349040 | PhoneNum |
| Preparation | 2025-10-22 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSHIRE SPRINGFIELD CAREER CENTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOSEPHINE SARNELLI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 95 LIBERTY STREET 3RD FLOOR | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,005,245 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MASSHIRESPRINGFIELD.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2002 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | ONE STOP CAREER CENTER PROVIDING WORKFORCE DEVELOPMENT SERVICES TO EMPLOYERS AND JOBSEEKERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 49 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,856,054 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,930,430 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $74,073 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $74,263 | CYProgramServiceRevenueAmt |
| PY Investment Income | $548 | PYInvestmentIncomeAmt |
| CY Investment Income | $552 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,930,675 | PYTotalRevenueAmt |
| CY Total Revenue | $3,005,245 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,386,524 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,420,658 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $578,158 | PYOtherExpensesAmt |
| CY Other Expenses | $607,001 | CYOtherExpensesAmt |
| PY Total Expenses | $2,964,682 | PYTotalExpensesAmt |
| CY Total Expenses | $3,027,659 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$34,007 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$22,414 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,300,215 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,090,540 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,271,483 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,084,222 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,028,732 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,006,318 | NetAssetsOrFundBalancesEOYAmt |
| Mission | MASSHIRE SPRINGFIELD CAREER CENTER CREATES AND SUSTAINS POWERFUL CONNECTIONS BETWEEN BUSINESSES AND JOB SEEKERS THROUGH A STATEWIDE NETWORK OF EMPLOYMENT PROFESSIONALS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,601,367 | ExpenseAmt |
| Revenue | $74,263 | RevenueAmt |
| Desc | MASSHIRE SPRINGFIELD CAREER CENTER PROVIDES WORKFORCE DEVELOPMENT SERVICES TO BUSINESSES (INCLUDING LABOR MARKET INFORMATION, JOB POSTINGS, ON-SITE DIRECT RECRUITMENT, JOB EXPOS AND COMPUTER SKILLS CLASSES) AND JOBSEEKERS (INCLUDING CAREER COUNSELING, RESUME CRITIQUE, COMPUTER CLASSES, ACCESS TO LOCAL JOB POSTINGS, WORKSHOPS ON RELATED TOPICS AND A RESOURCE ROOM EQUIPPED WITH COMPUTERS, COPIER, FAX MACHINES, TELEPHONES, INTERNET ACCESS, AND STAFF ASSISTANCE). IN THIS FISCAL YEAR, MASSHIRE SPRINGFIELD CAREER CENTER PROMOTED CAREER OPPORTUNITIES BY PROVIDING EDUCATIONAL PROGRAMS, CAREER COUNSELING, AND RECRUITING SERVICES TO 11,317 JOBSEEKERS AND 1,237 BUSINESSES. | Desc |
| Total Program Service Expenses | $2,601,367 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 49 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN KREMINEC | PersonNm |
| Phone | 4138582806 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 95 LIBERTY STREET 3RD FLOOR | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| KEVIN LYNN | |||||||
| EXECUTIVE DI | 37.50 | Yes (X) | $121,325 | $0 | $24,164 | ||
| KATHLEEN KREMINEC | |||||||
| DIRECTOR OF | 37.50 | Yes (X) | $102,500 | $0 | $23,087 | ||
| EFRAIN F AMARO | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| CHRISTIAN DILUZIO | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| KERMIT DUNKELBERG | |||||||
| CLERK | 1.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| ALLISON EBNER | |||||||
| PRESIDENT | 1.50 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| GLADYS FRANCO | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| ANTHONY HERNANDEZ | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| CHRISTOPHER MARTIN | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| SHAYVONNE PLUMMER | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| JOSEPHINE SARNELLI | |||||||
| TREASURER | 1.50 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| TODD SNOPKOWSKI | |||||||
| VICE PRESIDE | 1.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $223,825 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $47,251 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $2,928,641 | GovernmentGrantsAmt |
| All Other Contributions | $1,789 | AllOtherContributionsAmt |
| Total Contributions | $2,930,430 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICE REVENUE | Desc |
| Business | 561300 | BusinessCd |
| Total Revenue Column | $74,263 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $74,263 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $74,263 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $552 | TotalRevenueColumnAmt |
| Exclusion | $552 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,005,245 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $74,263 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $552 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,916,887 | TotalAmt |
| Program Services | $1,603,562 | ProgramServicesAmt |
| Management And General | $313,325 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,893 | TotalAmt |
| Program Services | $59,411 | ProgramServicesAmt |
| Management And General | $11,482 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $432,878 | TotalAmt |
| Program Services | $362,771 | ProgramServicesAmt |
| Management And General | $70,107 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,069 | TotalAmt |
| Program Services | $3,069 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,241 | TotalAmt |
| Management And General | $27,241 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,168 | TotalAmt |
| Program Services | $91,810 | ProgramServicesAmt |
| Management And General | $1,358 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,964 | TotalAmt |
| Program Services | $64,964 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,982 | TotalAmt |
| Program Services | $26,636 | ProgramServicesAmt |
| Management And General | $1,346 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,500 | TotalAmt |
| Program Services | $219,500 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,381 | TotalAmt |
| Program Services | $1,893 | ProgramServicesAmt |
| Management And General | $488 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,192 | TotalAmt |
| Program Services | $46,192 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,272 | TotalAmt |
| Program Services | $20,272 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MISCELLANEOUS | $28,220 | $27,860 | $360 |
| PAYMENTS TO SUBCONTRACTOR | $24,843 | $24,843 | |
| SUPPLIES | $20,852 | $20,267 | $585 |
| MINOR EQUIPMENT | $14,956 | $14,956 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,361 | TotalAmt |
| Program Services | $13,361 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,027,659 | TotalAmt |
| Program Services | $2,601,367 | ProgramServicesAmt |
| Management And General | $426,292 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $482,315 | BOYAmt |
| EOY | $371,674 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $548 | BOYAmt |
| EOY | $55,593 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $419,053 | BOYAmt |
| EOY | $491,089 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,052 | BOYAmt |
| EOY | $69,237 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $463,179 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $264,425 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $244,946 | BOYAmt |
| EOY | $198,754 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,084,301 | BOYAmt |
| EOY | $904,193 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,300,215 | BOYAmt |
| EOY | $2,090,540 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $187,182 | BOYAmt |
| EOY | $180,029 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,084,301 | BOYAmt |
| EOY | $904,193 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,271,483 | BOYAmt |
| EOY | $1,084,222 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,028,732 | BOYAmt |
| EOY | $1,006,318 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,028,732 | BOYAmt |
| EOY | $1,006,318 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,300,215 | BOYAmt |
| EOY | $2,090,540 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$22,414 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,093,703 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,217,163 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,001,086 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,856,054 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,930,430 | CurrentTaxYearAmt |
| Total | $13,098,436 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,307 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,703 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $80,978 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $74,073 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $74,263 | CurrentTaxYearAmt |
| Total | $321,324 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,115,010 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,287,866 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,082,064 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,930,127 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,004,693 | CurrentTaxYearAmt |
| Total | $13,419,760 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $13,419,760 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $351 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $110 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $299 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $548 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $552 | CurrentTaxYearAmt |
| Total | $1,860 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $351 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $110 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $299 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $548 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $552 | CurrentTaxYearAmt |
| Total | $1,860 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,115,361 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,287,976 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,082,363 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,930,675 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,005,245 | CurrentTaxYearAmt |
| Total | $13,421,620 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99990 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99950 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $228,992 | OtherCostOrOtherBasisAmt |
| Depreciation | $120,903 | DepreciationAmt |
| Book Value | $108,089 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $234,187 | OtherCostOrOtherBasisAmt |
| Depreciation | $143,522 | DepreciationAmt |
| Book Value | $90,665 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $198,754 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT-OF-USE-ASSETS | Desc |
| Book Value | $904,193 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $904,193 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | $904,193 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $904,193 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,005,245 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $3,005,245 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $3,005,245 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,027,659 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $3,027,659 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $3,027,659 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | FUTUREWORKS IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER MASSACHUSETTS GENERAL LAWS, CHAPTER 180. THE ORGANIZATION IS CLASSIFIED AS A 501(C)(3) ORGANIZATION UNDER THE INTERNAL REVENUE CODE. AS SUCH, FUTUREWORKS IS EXEMPT FROM FEDERAL AND STATE CORPORATE INCOME TAXES AND VARIOUS FEDERAL AND STATE EXCISE AND SALES TAXES. IN ADDITION, FUTUREWORKS QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE ORGANIZATION WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY UNCERTAIN TAX POSITIONS AS INTEREST AND OTHER EXPENSE, RESPECTIVELY, IF APPLICABLE. AS OF JUNE 30, 2025, THE ORGANIZATION HAS NOT RECORDED ANY AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS OR ACCRUED INTEREST AND PENALTIES. FUTUREWORK'S INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR ALL YEARS ENDING ON OR AFTER JUNE 30, 2022. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 8B | NO MINUTES WERE RECORDED IN EXECUTIVE COMMITEE MEETINGS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE TREASURER BEFORE RECOMMENDING APPROVAL TO THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION REQUIRES THAT BOARD MEMBERS COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | SEVERAL YEARS AGO, ALL EMPLOYEE WAGES WERE REVIEWED WITH SALARIES IN THE AREA, AS WELL AS A PAY EQUITY REVIEW. SINCE THEN, WAGES HAVE INCREASED PERIODICALLY WITH COST OF LIVING ADJUSTMENTS. THE ORGANIZATION PLANS TO REVIEW ALL EMPLOYEE WAGES UTILIZING A VARIETY OF COMPARATIVE SOURCES. IT HAS BEEN DETERMINED THAT WAGES ARE WELL UNDER THE NORM. IN GENERAL, CHANGES TO SALARIES ARE INCLUDED IN THE BUDGET PRESENTED AND APPROVED BY THE BOARD. ANY INCREASES, INCLUDING BONUSES TO THE EXECUTIVE DIRECTOR, ARE SPECIFICALLY APPROVED BY THE BOARD PRESIDENT AND TREASURER. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
Comments