Overview
What is Secured Futures Inc?
Secured Futures Inc is a nonprofit organization dedicated to supporting the elderly and disabled. Their primary focus is on offering trustee, trust administration, and advocacy services. They act as representatives for beneficiaries, helping to preserve their social security disability benefits and other government aid, while simultaneously managing trusts. The organization's mission is to provide comprehensive trust administration and advocacy services. They work tirelessly to ensure the financial well-being and security of their clients, offering a vital service to those who need it most.
Official website here: www.securedfutures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Secured Futures Inc has received a One-Star rating on Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in areas such as independent board member participation and the availability of financial statements, which raises questions about governance and transparency. While they have some strong policies in place, including a conflict of interest policy, other critical areas like whistleblower and document retention policies are lacking.
Despite these shortcomings, the organization does demonstrate some positive financial health indicators, including a strong liabilities to assets ratio and a solid program expense ratio. This suggests that while governance and transparency may be issues, the charity is managing its financial resources effectively in relation to its programming. However, the absence of independent oversight and accessible financial documents could deter potential donors who prioritize accountability.
Overall, while Secured Futures Inc shows strengths in certain financial metrics, the overall lack of independence in governance and transparency diminishes its rating. Prospective supporters may want to consider these factors carefully when deciding to engage with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Secured Futures Inc legitimate?
Secured Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Secured Futures 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.securedfutures.org
What is the mission statement of Secured Futures Inc?
Secured Futures Inc. is dedicated to offering trustee, trust administration, and advocacy services, primarily focusing on the elderly and disabled individuals. The company's primary objective is to ensure the maintenance of their beneficiaries' social security disability and other government benefits. Additionally, Secured Futures manages trusts on their behalf, fulfilling its mission to provide comprehensive trust administration and advocacy services.
Official website here: www.securedfutures.org
Who is the CEO of Secured Futures Inc?
Nate Schnackenberg is the Ceo of Secured Futures Inc. The CEO's salary of Secured Futures Inc is $0 and their total compensation is $0.
Official website here: www.securedfutures.org
What is the revenue of Secured Futures Inc?
Secured Futures Inc's revenue in 2022 was $2,653,627.
Official website here: www.securedfutures.org
Who are the executives of Secured Futures Inc and what are their salaries?
There 5 volunteers at Secured Futures Inc.
Here are 4 key members and their salaries (Secured Futures Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.securedfutures.org
Where can I find the form 990 for Secured Futures Inc?
Secured Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.securedfutures.org
Learn more at the official website: www.securedfutures.org
Mission Statement of Secured Futures Inc
Secured Futures Inc, a trusted organization, is dedicated to providing advocacy and trust administration services for the elderly and disabled. Their mission lies in representing beneficiaries and ensuring the maintenance of their social security disability benefits and other government aid, all while effectively managing trusts. The company's primary goal is to offer trust administration and advocacy services, working tirelessly to support its clients in navigating the complexities of their financial situations.
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Impact
October, 2024
Secured Futures Inc significantly impacts the lives of the elderly and disabled by offering essential trustee and trust administration services. Operating in Phoenix, Arizona, the organization ensures that beneficiaries can maintain their Social Security disability and other vital government benefits while navigating complex trust administration processes.
By acting as an advocate, Secured Futures empowers individuals to secure their financial futures without jeopardizing their access to necessary resources. Their focused approach alleviates concerns regarding benefit eligibility, allowing clients to focus on their well-being and quality of life. The organization's dedication to trust administration not only provides peace of mind for beneficiaries but also fosters a supportive community for those needing guidance in managing their financial affairs. Overall, Secured Futures Inc plays a crucial role in enhancing the stability and security of vulnerable populations in the region.
This information is meant to be a general summary of Secured Futures 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $2,653,627
- Gross Receipts: $2,653,627
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION
Revenue
$2,653,627
Organization Details
Founding Year
2008
Phone
(484) 222-1431Principal Officer
Nate Schnackenberg
Main Address
9633 S 48th St, PHOENIX, AZ, 85044
Website
www.securedfutures.orgNTEE Category
Code: P50 - Human services
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