Overview
What is Future Problem Solving Program International Inc?
Future Problem Solving Program International Inc, headquartered in Melbourne, Florida, is a nonprofit organization dedicated to fostering critical and creative thinking skills in young individuals. Established in 1974, the program is an outgrowth of Dr. E. Paul Torrance's work, aiming to teach students the creative problem-solving process and instill a positive view of the future. The organization, with a staff of 9, hosts an annual conference inviting 2200 participants to compete for international championship titles. The competition comprises four components: Global Issues Problem Solving, Scenario Writing, Scenario Performance, and Community Problem Solving Projects. The program addresses various global issues, promoting interpersonal communication, leadership, responsible group membership, and overcoming obstacles in finding solutions.
Official website here: www.fpspi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
Future Problem Solving Program International Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The charity's overall score is based entirely on this area, where it earned a score of 96%. This high rating indicates a commitment to transparency and responsible financial management, underscored by the absence of any material diversion of assets.
The organization is notable for its governance, boasting a fully independent board composed of eight members. This aspect of its structure contributes positively to its accountability score. Furthermore, the charity has established comprehensive policies, including conflict of interest and whistleblower policies, which enhance its operational integrity and trustworthiness.
In terms of financial health, Future Problem Solving Program International demonstrates a commendable program expense ratio of 92.60%, meaning the majority of its expenses are directed toward programs rather than administrative costs. The liabilities to assets ratio of 32.56% also indicates a solid financial position, suggesting that the organization manages its resources effectively. Overall, the charity's strong performance metrics reflect its dedication to fulfilling its mission responsibly.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Future Problem Solving Program International Inc?
98% of 21 reviewers on Facebook recommend Future Problem Solving Program International Inc. Here is a summary of their reviews:
Many participants express excitement about the program's ability to foster creative thinking among students. One coach shared her positive experience, highlighting its refreshing approach compared to traditional educational methods, indicating a strong preference for innovative learning strategies. This enthusiasm showcases how the program is making a meaningful impact in various educational settings.
Overall, the strong recommendation rate suggests that the nonprofit effectively delivers on its mission to engage and empower young minds through creative problem-solving. The positive sentiment reflects satisfaction with the program's structure and the value it brings to schools.
This AI summary has been generated from reviews found on Facebook.
Is Future Problem Solving Program International Inc legitimate?
Future Problem Solving Program International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Problem Solving Program International 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: $97,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,637
For more financial information, click here
Official website here: www.fpspi.org
What is the mission statement of Future Problem Solving Program International Inc?
The Future Problem Solving Program International Inc, established by Dr. E. Paul Torrance in 1974, aims to prepare today's youth for addressing the challenges of tomorrow. Its mission is to develop the capacity of young people worldwide to envision and achieve positive future scenarios using critical and creative thinking. The program encourages students to overcome obstacles and devise solutions for various social, political, scientific, economic, and technological issues. It consists of four competitive components based on the creative problem-solving process, fostering interpersonal communication, leadership, and responsible group membership. The Global Issues Problem Solving competition, introduced in 2009, focuses on five significant global topics annually. Scenario Writing, introduced in 1976, involves creative writing where students project issues of today into the future.
Official website here: www.fpspi.org
Who is the CEO of Future Problem Solving Program International Inc?
Matthew Boyas is the President of Future Problem Solving Program International Inc.
Official website here: www.fpspi.org
What is the revenue of Future Problem Solving Program International Inc?
Future Problem Solving Program International Inc's revenue in 2023 was $1,218,517.
Official website here: www.fpspi.org
Who are the executives of Future Problem Solving Program International Inc and what are their salaries?
The average compensation at Future Problem Solving Program International Inc during 2023 was $37,406. There are 9 employees and 139 volunteers at Future Problem Solving Program International Inc.
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- Compensation: $97,126
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- Other: $8,779
Official website here: www.fpspi.org
Where can I find the form 990 for Future Problem Solving Program International Inc?
Future Problem Solving Program International Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fpspi.org
Learn more at the official website: www.fpspi.org
Mission Statement of Future Problem Solving Program International Inc
The Future Problem Solving Program International Inc, originating from the work of Dr. E. Paul Torrance in 1974, aims to equip young individuals with the vision and skills necessary to anticipate, comprehend, and solve the problems of both the present and the future. Its mission is deeply rooted in the utilization of critical and creative thinking within curriculums and instruction. The program is an outgrowth of Torrance's creation of Future Problem Solving, which was designed to teach students the creative problem-solving process and instill in them a positive outlook on the future. Torrance combined the six-step creative problem-solving process developed by Alex Osborn and Sydney Parnes with potential issues of the future.
Future Problem Solving Program International Inc is structured around four competitive components, all based on the creative problem-solving process. The original competition from 1974, now known as Global Issues Problem Solving (since 2009), addresses five topics of global significance each year. Another component, Scenario Writing, which was introduced in 1976, involves creative writing where students project issues of today into the future for up to twenty years. In all components, students learn how to surmount obstacles or barriers when confronting challenges and developing solutions to social, political, scientific, economic, and technological issues. The program is interdisciplinary, and its components promote interpersonal communication, leadership, and responsible group membership.
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Impact
July, 2024
The impact of Future Problem Solving Program International Inc lies in equipping young people worldwide with the vision and skills necessary to anticipate, understand, and solve the problems of today and tomorrow. Through its programs rooted in critical and creative thinking, FPSPI instills a positive view of the future among students and teaches them the creative problem-solving process. By engaging participants in competitive components such as Global Issues Problem Solving, Scenario Writing, and Community Problem Solving projects, FPSPI promotes interdisciplinary learning and fosters abilities to overcome barriers when addressing challenges in various spheres like social, political, scientific, economic, and technological issues. The organization's mission to empower young individuals globally to design and achieve positive futures through critical and creative thinking cultivates skills such as interpersonal communication, leadership, and responsible group membership, making a significant impact in shaping the problem-solving abilities and future outlook of the next generation.
This information is meant to be a general summary of Future Problem Solving Program International 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 2023.
- Investment Income: $20,827
- Program Service Revenue: $1,099,292
- Gross Receipts: $1,252,723
Assets and Liabilities:
- Total Assets: $1,156,199
- Total Liabilities: $376,504
- Net Assets: $779,695
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTERNATIONAL CONFERENCE
Revenue
$1,065,222
ONLINE SYSTEM REVENUE
Revenue
$19,330
MENTORING REGISTRATION FEES
Revenue
$13,300
WEB SERVICES REVENUE
Revenue
$1,440
Organization Details
Founding Year
1984
Phone
(321) 768-0074Principal Officer
Matthew Boyas
Main Address
2015 GRANT PLACE, MELBOURNE, FL, 329015600
Website
www.fpspi.orgNTEE Category
Code: B90 - Education
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