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Futures Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061484116 ✦ West hartford, CT ✦ Designated as a 501(c)(3)

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Overview

What is Futures Incorporated?

Futures Incorporated is a nonprofit organization based in West Hartford, Connecticut, specifically at 902 South Quaker Lane, 06110. The primary focus of this organization is to enhance the lives of individuals with disabilities and their families through community-based services. Their main activity involves operating a special education school, Future's School, which is approved by the State Department of Education. This school caters to students with special needs, ranging in age from 14 to 21. Futures Incorporated employs a dedicated workforce of 199 individuals, demonstrating their commitment to this cause.


Official website here: www.futures-ct.org

What are the reviews and ratings of this charity?

Charity Navigator gives Futures Incorporated a 96% rating, reflecting a Four-Star out of Four Stars status. This rating signifies a high level of transparency and effective financial management, which are crucial for donor trust and organizational effectiveness.

The organization demonstrates strong accountability and finance practices, with an impressive score of 96 in these areas. Notably, 83% of its board members are independent, which supports unbiased decision-making. The charity also has robust policies in place regarding conflict of interest and whistleblower protections, ensuring ethical operations.

Additionally, Futures Incorporated allocates a significant portion of its expenses, approximately 82.94%, directly to its programs, indicating a commitment to its mission. The low liabilities to assets ratio of 28.41% further underscores its financial stability. Overall, the data reflects a well-managed organization with a strong commitment to its goals and accountability to its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Futures Incorporated?

86% of reviewers on Facebook recommend Futures Incorporated. Here is a summary of their reviews:

Overall, feedback highlights a strong commitment from Futures Incorporated towards serving individuals with diverse disabilities. Reviewers from within the organization express pride in the quality of services offered to both adults and youth, indicating a well-managed agency that truly cares about its clients.

The positive sentiment is further reinforced by the enthusiasm of those involved, suggesting a supportive environment aimed at helping individuals thrive despite their challenges.


This AI summary has been generated from reviews found on Facebook.

Is Futures Incorporated legitimate?

Futures Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futures Incorporated submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $360,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,838,881

For more financial information, click here


Official website here: www.futures-ct.org

What is the mission statement of Futures Incorporated?

Futures Incorporated, established with a noble purpose, aims to enhance the quality of life for individuals with disabilities and their families. This is achieved through community-based services. The organization operates a specialized school, the Futures School, approved by the State Department of Education, catering to students with special needs between the ages of 14 and 21. The school's primary objective is to provide an inclusive and supportive environment, enabling these students to reach their full potential.


Official website here: www.futures-ct.org

What is the revenue of Futures Incorporated?

Futures Incorporated's revenue in 2023 was $8,338,692.


Official website here: www.futures-ct.org

Who are the executives of Futures Incorporated and what are their salaries?

The average compensation at Futures Incorporated during 2023 was $19,901. There are 211 employees at Futures Incorporated.

Here are 8 key members and their salaries:


Pamela Donaroma (President/Ce)
  • Compensation: $258,025
  • Related: $0
  • Other: $772
Damion Williams (Cfo)
  • Compensation: $127,128
  • Related: $0
  • Other: $684
Dr Orville Karan (President/Co)
  • Compensation: $26,474
  • Related: $0
  • Other: $0
Andrew Jortner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karina Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Gonzalez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mcdougall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Jortner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.futures-ct.org

Where can I find the form 990 for Futures Incorporated?

Futures Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.futures-ct.org

Learn more at the official website: www.futures-ct.org

Mission Statement of Futures Incorporated

Futures Incorporated, an established organization, was founded with the mission to enhance the quality of life for individuals with disabilities and their families. This is achieved through the provision of community-based services. The organization's primary goal is to improve the living conditions and well-being of these individuals, recognizing the vital role of their families in the process.

Futures Incorporated is not just a name, but a commitment to making a difference in the lives of those with disabilities. By offering community-based services, the organization aims to provide support and resources that can help individuals with disabilities live more fulfilling lives, while also offering assistance to their families. This holistic approach recognizes the interconnectedness of the individual's needs and the impact that their family's support can have on their overall well-being.

One of the key initiatives of Futures Incorporated is its special education school, known as Futures School. Approved by the State Department of Education, this school caters to students with special needs, providing education between the ages of 14 and 21. This educational facility is a testament to Futures Incorporated's dedication to providing comprehensive support to individuals with disabilities, ensuring they have the opportunity to receive a quality education that meets their unique needs.

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Impact




July, 2024

Futures Incorporated has a significant impact on improving the quality of life for individuals with disabilities and their families through community-based services. The organization's special education school, Futures School, plays a vital role in providing education and support for students with special needs aged between 14 and 21. By offering tailored services and programs, Futures Incorporated is dedicated to enhancing the lives of those with disabilities and fostering a supportive environment for their families in West Hartford, CT.




This information is meant to be a general summary of Futures Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,338,692 (2023)
Expenses
$7,425,969 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,276
  • Program Service Revenue: $7,371,637
  • Gross Receipts: $8,480,209

Assets and Liabilities:

  • Total Assets: $7,664,951
  • Total Liabilities: $1,879,551
  • Net Assets: $5,785,400

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION REVENUE

Revenue

$4,200,679

STATE OF CT DDS

Revenue

$2,316,700

GIFT SHOP

Revenue

$364,105

THE KITCHEN

Revenue

$302,171

CONTRACT/CONSULTING REVENUE

Revenue

$187,982

Organization Details

Founding Year

1997

Principal Officer

Pamela Donaroma

NTEE Category

Code: P80 - Human services

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