Overview
What is The Futures Foundation?
The Futures Foundation is a nonprofit organization based in Clinton Township, Michigan, dedicated to supporting individuals and families with developmental disabilities. Primarily funded through grant requests, the Foundation provides assistance for basic needs, skill-building opportunities, technology essentials, and community programs, aiming to improve their quality of life and foster self-reliance. The organization has served over 4,000 individuals and families, creating more accessible and inclusive environments, encouraging community engagement, and advocating for the needs of children and adults with developmental disabilities. Previously aligned with a major provider of government services in Michigan, the Foundation has recently broadened its scope to serve a wider range of individuals, particularly during the pandemic. As the landscape shifted, the Foundation decided to separate from the merging entity, while maintaining partnerships in service to those with special needs. During this transition, the Foundation focused on serving its core population, increasing the number of individuals and families served by 12%, and developing its Futures Forward strategy for direct service and addressing systemic issues. The Futures Foundation stands as a voice for people with developmental disabilities, helping them access everyday fundamental needs, facilitating the creation of solutions to systemic challenges, and driving collaborative lifelong care solutions.
Official website here: www.futuresfdn.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Futures Foundation has achieved a remarkable 97% score from Charity Navigator, indicating excellent performance in accountability and finance. This high rating reflects the organization's commitment to transparency and ethical governance, featuring an entirely independent board and strong financial practices. The charity excels in various categories, including asset management and the presence of essential policies, demonstrating a robust structure.
The organization's accountability measures are well-established, with a strong focus on ensuring no material diversion of assets and maintaining a low liabilities-to-assets ratio of 12.90%. Furthermore, it prioritizes effective program funding with an impressive program expense ratio of 89.13%, which indicates a significant portion of its resources directly supports its mission.
While the overall rating is positive, the summary does not indicate any specific shortcomings or areas for improvement. The Futures Foundation appears to be a well-managed nonprofit, dedicated to its mission and responsible in its financial practices, which can instill confidence in potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Futures Foundation legitimate?
The Futures Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Futures Foundation 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: $225,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,730
For more financial information, click here
Official website here: www.futuresfdn.org/
What is the mission statement of The Futures Foundation?
The Futures Foundation aims to be a voice for individuals with developmental disabilities, focusing on providing access to everyday essentials and addressing systemic needs. The organization facilitates the creation of solutions for lifelong care, impacting over 4,000 individuals and families. Through grant fulfillments, they primarily support basic needs, skill-building opportunities, technology for communication, education, employment, recreation, and physical activities, respite, and community programs. During the pandemic, they have been actively engaged in research, advocacy, and partnerships to ensure caregiver value and address the needs of family caregivers and those with disabilities. The foundation has recently made a decision to focus more deeply on serving its core population, children and adults with developmental disabilities, by separating from a merging entity while maintaining partnerships in service to those with special needs.
Official website here: www.futuresfdn.org/
Who is the CEO of The Futures Foundation?
James Nicholson is the Chairman Of The Board of The Futures Foundation.
Official website here: www.futuresfdn.org/
What is the revenue of The Futures Foundation?
The Futures Foundation's revenue in 2022 was $211,433.
Official website here: www.futuresfdn.org/
Who are the executives of The Futures Foundation and what are their salaries?
There 10 volunteers at The Futures Foundation.
Here are 10 key members and their salaries:
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- Related: $225,832
- Other: $25,419
Official website here: www.futuresfdn.org/
Where can I find the form 990 for The Futures Foundation?
The Futures Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.futuresfdn.org/
Learn more at the official website: www.futuresfdn.org/
Mission Statement of The Futures Foundation
The Futures Foundation, a non-government funded entity, is a vocal advocate for individuals with developmental disabilities. Its mission is to serve as a catalyst, driving collaborative lifelong care solutions and addressing systemic needs for these individuals. By fulfilling grant requests for essentials like furniture, clothing, and household items, the organization helps individuals access their basic needs. Additionally, the Foundation facilitates opportunities for skill-building, education, employment, and recreation.
Beyond direct service, The Futures Foundation has also made strides in advocating for caregivers of individuals with developmental disabilities. In Michigan, it was a lead partner in the launch of the Direct Care Work Task Force. The Foundation serves as a consistent voice for caregiving needs, working closely with national entities focused on caregiving. The Foundation's commitment to caregiver value extends to experiences, needs, training, resources, and more, encompassing not just family caregivers but also those who are aging and those with a disability needing care.
During a period of organizational transition, The Futures Foundation has maintained its service to children and adults with developmental disabilities. Despite postponing some fundraising activities, the organization has prioritized its core service population. In fiscal year 2022, the Foundation served more individuals and families, increased its service by 12%, and developed its Futures Forward strategy, aiming to address pilot solutions to systemic issues and gaps. The organization is currently in the process of separating from a merging entity, ensuring a broader and deeper focus on its core service population.
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Impact
June, 2024
The Futures Foundation's impact is significant, as it has positively affected over 4,000 individuals and families by stabilizing home environments, fostering community engagement, providing opportunities, and building self-reliance. They fulfill grant requests primarily for basic needs such as furniture, clothing, and household essentials, and also support skill-building opportunities, technology for communication and education, respite, and community programs for individuals with special needs. The foundation has been a lead partner in initiatives like the Michigan Direct Care Work Task Force, advocating for the caregiving needs of children and adults with developmental disabilities. It has expanded services, increased the number of individuals served by 12%, and developed strategies to address systemic issues. Overall, The Futures Foundation is a vital voice for people with developmental disabilities, working towards collaborative lifelong care solutions.
This information is meant to be a general summary of The Futures Foundation. 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.
- Investment Income: $172,752
- Gross Receipts: $211,433
Assets and Liabilities:
- Total Assets: $2,058,374
- Total Liabilities: $265,639
- Net Assets: $1,792,735
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Organization Details
Founding Year
1998
Phone
(586) 464-2610Principal Officer
James Nicholson
Main Address
15600 19 MILE RD, CLINTON TOWNSHIP, MI, 48038
Website
www.futuresfdn.org/NTEE Category
Code: F01 - Mental health
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