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Future Leaders Of America Foundation Inc

National Student Leadership Fnd

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

EIN: 205095136 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Future Leaders Of America Foundation Inc?

The Future Leaders Of America Foundation Inc, also known as National Student Leadership FND, is a Chicago-based nonprofit organization that offers summer educational programs for high school students. Located at 320 W OHIO STREET 4W in Chicago, Illinois (60654), this charitable institution provides opportunities for students to experience life on a college campus, develop essential leadership skills, and explore potential careers. Through interactive simulations, exclusive site visits, and meetings with renowned figures in their chosen fields, the programs encourage students to broaden their academic and career interests while enhancing their leadership abilities.


Official website here: www.nslcleaders.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 84%, Three-Star out of Four Star rating.

Future Leaders of America Foundation Inc has received an overall score of 84%, indicating a solid performance in various accountability and finance metrics. The organization benefits from a fully independent board and has demonstrated excellence in financial statement audits and a favorable liabilities to assets ratio, showcasing its financial health and stability. Additionally, a high program expense ratio suggests that a significant portion of its expenditures is directed towards its core mission.

However, there are notable areas for improvement. The organization lacks several key policies, including a conflict of interest policy and a whistleblower policy, which could enhance accountability and transparency. Furthermore, the absence of certain documents, such as its tax form on the nonprofit's website, may limit public access to important information regarding its operations.

Overall, while Future Leaders of America Foundation Inc shows promising financial practices and governance structures, addressing the missing policies and documentation would strengthen its accountability and public trust in the organization.


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

What do the Facebook reviews say about Future Leaders Of America Foundation Inc?

96% of 340 reviewers on Facebook recommend the Future Leaders of America Foundation Inc. Here is a summary of their reviews:

Many parents are thrilled with the positive impact the foundation's programs have on their children, as evidenced by one vivid account of a son attending an Engineering program at Georgia Tech, which he thoroughly enjoyed. This sentiment of appreciation for the engaging and enriching experiences provided is echoed throughout other reviews, highlighting the foundation's focus on fostering skills and leadership among young participants.

Overall, there is a strong consensus that the organization effectively delivers valuable learning opportunities, making a lasting impression on both students and their families. The programs being offered are not only well-organized, but they also inspire confidence and spark enthusiasm in the participants.


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

Is Future Leaders Of America Foundation Inc legitimate?

Future Leaders Of America Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Leaders Of America Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nslcleaders.org

What is the mission statement of Future Leaders Of America Foundation Inc?

The Future Leaders Of America Foundation Inc is dedicated to offering summer educational programs for high school students. These programs aim to encourage students in exploring their academic and career interests while developing vital leadership skills. Through immersive college campus experiences, students gain essential leadership abilities and explore potential future careers. The programs provide opportunities for students to engage in simulations, exclusive site visits, and interactive sessions with esteemed professionals in their chosen fields.


Official website here: www.nslcleaders.org

Who is the CEO of Future Leaders Of America Foundation Inc?

Richard Duffy is the Chairman of Future Leaders Of America Foundation Inc.


Official website here: www.nslcleaders.org

What is the revenue of Future Leaders Of America Foundation Inc?

Future Leaders Of America Foundation Inc's revenue in 2022 was $29,963,469.


Official website here: www.nslcleaders.org

Who are the executives of Future Leaders Of America Foundation Inc and what are their salaries?

There 4 volunteers at Future Leaders Of America Foundation Inc.


Here are 3 key members and their salaries:


Michael Adams (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bennett (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Mcgue (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nslcleaders.org

Where can I find the form 990 for Future Leaders Of America Foundation Inc?

Future Leaders Of America Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nslcleaders.org

Learn more at the official website: www.nslcleaders.org

Mission Statement of Future Leaders Of America Foundation Inc

The Future Leaders of America Foundation Inc is a nonprofit organization dedicated to empowering high school students by providing them with summer educational programs that foster academic exploration and career development. Through these programs, students are given the opportunity to experience life on a college campus and hone essential leadership skills.

The mission of Future Leaders of America Foundation Inc is multifaceted. It begins by offering students the chance to delve deeper into their academic interests and discover potential career paths. These summer programs are designed to stimulate curiosity and encourage students to broaden their horizons.

Additionally, the organization prioritizes the development of leadership skills that are crucial for students' future success. By engaging in interactive simulations, exclusive site visits, and meetings with renowned leaders in their chosen field, students gain invaluable experience and insights. This holistic approach equips them with the necessary tools to excel in their academic pursuits and beyond.

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Impact




October, 2024

Future Leaders Of America Foundation Inc significantly impacts high school students by offering summer educational programs designed to inspire and equip them for future success. By immersing students in a college environment, the foundation encourages exploration of academic and career interests while fostering essential leadership skills.

Participants engage in a variety of stimulating activities, including simulations and exclusive site visits, which provide real-world insights into various professions. Interactive meetings with renowned leaders in their fields empower students, allowing them to envision their futures while building valuable connections. This unique experience not only enhances academic pursuits but also cultivates the confidence and skills necessary for effective leadership, ultimately preparing students to thrive in their chosen paths.




This information is meant to be a general summary of Future Leaders Of America Foundation Inc. 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
$29,963,469 (2022)
Expenses
$29,583,127 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $29,963,469
  • Gross Receipts: $29,963,469

Assets and Liabilities:

  • Total Assets: $380,342
  • Total Liabilities: $0
  • Net Assets: $380,342

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Programs

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

TUITION INCOME

Revenue

$29,283,481

BOOKS/SUPPLIES/FEES

Revenue

$482,738

TRANSPORTATION

Revenue

$197,250

Organization Details

Founding Year

2006

Principal Officer

Richard Duffy

Main Address

320 W OHIO STREET 4W, CHICAGO, IL, 60654

NTEE Category

Code: B82 - Education

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