Overview
What is Futures Ignite Inc?
Futures Ignite Inc, based in New York City, is a nonprofit organization that empowers youth and communities by fostering their aspirations in education, careers, and leadership. Through personalized guidance, leadership development programs, practical work experiences, community organizing opportunities, and network building, the organization helps young individuals identify and pursue self-sustaining paths. By providing these resources, Futures Ignite enables youth to develop the necessary skills, perspectives, and experiences to thrive and succeed along their chosen paths. With a dedicated team of 13 employees, Futures Ignite has a proven track record of boosting college completion rates among its participants beyond those of their peers.
Official website here: www.futuresignite.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating. This high score indicates that Futures Ignite Inc has demonstrated a strong commitment to accountability and finance, reflecting a well-managed organization that effectively utilizes its resources to support its mission.
The charity's governance structure is robust, featuring a fully independent board and a significant number of independent members. Their financial practices are transparent, with no material diversion of assets reported and full compliance with auditing and oversight measures. The organization also scores well in areas such as financial health, with a program expense ratio of 71.26%, indicating that a substantial portion of their funding goes directly to their programs rather than administrative costs.
Despite the positive indicators, the summary does not mention any specific challenges or limitations faced by the organization. Overall, Futures Ignite Inc's high rating from Charity Navigator underscores its effective governance and financial integrity, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Futures Ignite Inc legitimate?
Futures Ignite Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futures Ignite 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: $158,486
Professional Fundraising Fees: $0
Other Salaries and Wages: $976,100
For more financial information, click here
Official website here: www.futuresignite.org
What is the mission statement of Futures Ignite Inc?
Futures Ignite Inc's mission statement revolves around amplifying youth and community power. They achieve this by inspiring, guiding, and advocating for young individuals, encouraging them to shape their future in college, career, and leadership spheres. The organization provides essential resources such as college and career guidance, leadership development, hands-on work experiences, community organizing opportunities, and network development. By doing so, Futures Ignite empowers young people to identify and pursue meaningful, self-sustaining pathways, equipping them with the necessary skills and experiences to succeed along these paths. Over the years, the organization has observed that its participants have consistently excelled in their academic pursuits, completing their college programs at higher rates than their peers.
Official website here: www.futuresignite.org
What is the revenue of Futures Ignite Inc?
Futures Ignite Inc's revenue in 2024 was $1,709,214.
Official website here: www.futuresignite.org
Who are the executives of Futures Ignite Inc and what are their salaries?
The average compensation at Futures Ignite Inc during 2024 was $51,572. There are 22 employees and 250 volunteers at Futures Ignite Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $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
- Compensation: $0
- Related: $0
- Other: $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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $127,081
- Related: $0
- Other: $0
Official website here: www.futuresignite.org
Where can I find the form 990 for Futures Ignite Inc?
Futures Ignite Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.futuresignite.org
Learn more at the official website: www.futuresignite.org
Mission Statement of Futures Ignite Inc
Futures Ignite, as a nonprofit organization, amplifies the power of youth and communities by inspiring, guiding, and advocating for young individuals to shape their own college, career, and leadership futures. By providing college and career guidance, fostering leadership development, offering hands-on work experiences, and facilitating community organizing opportunities, Futures Ignite assists young people in identifying viable, self-sustaining pathways for themselves. The organization then empowers these individuals by equipping them with the necessary skills, perspectives, and experiences to thrive and succeed within these chosen pathways. Over the course of its operations, Futures Ignite has seen impressive results, with its participants consistently achieving higher college completion rates and program completions than their peers.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Futures Ignite Inc empowers youth and communities by inspiring, guiding, and advocating for young individuals to shape their college, career, and leadership pathways. Through personalized college and career guidance, leadership development programs, hands-on work experience, and community organizing opportunities, Futures Ignite supports participants in identifying meaningful, sustainable paths for themselves. The organization's impactful approach has resulted in higher college completion rates among its participants compared to their peers, highlighting the effectiveness of its initiatives in facilitating youth success and empowerment.
This information is meant to be a general summary of Futures Ignite 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 2024.
- Investment Income: $1,117
- Gross Receipts: $1,855,005
Assets and Liabilities:
- Total Assets: $1,011,729
- Total Liabilities: $227,697
- Net Assets: $784,032
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Principal Officer
Molly Delano
Website
www.futuresignite.orgNTEE Category
Code: P80 - Human services
If you are a representative of Futures Ignite Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.