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Future Kings Inc

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

EIN: 465254881 ✦ Dumfries, VA ✦ Designated as a 501(c)(3)

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Overview

What is Future Kings Inc?

Future Kings Inc is a nonprofit organization situated in Dumfries, Virginia. Their primary mission is to empower boys from underserved communities by providing entrepreneurial education in STEM fields. Through summer camps, they offer introductory skills in areas such as Cyber Security, Stock Market Investing, Computer Game Design, and 3-D Printing. The aim is to excite students about the possibilities in these fields and inspire them to start and grow their own businesses. The organization aims to expand its reach, serving at least 300 students each summer. The revenue generated from these activities will contribute to Future Kings Inc's goal of becoming self-sustaining. The nonprofit's STEM camps run from 8:30 am to 4:30 pm, Monday through Friday, with lunch provided. They have successfully served 50 students so far, and their goal is to expand this number. Future Kings Inc operates with the aim of fostering entrepreneurial skills in the next generation of innovators from underserved communities.


Official website here: www.future-kings.org/

Is Future Kings Inc legitimate?

Future Kings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Kings 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.future-kings.org/

What is the mission statement of Future Kings Inc?

Future Kings Inc, an entrepreneurial education program, is dedicated to assisting boys from underprivileged communities in establishing and expanding their own STEM-focused businesses. The organization's mission is to provide these young individuals with the necessary skills and opportunities to explore the exciting world of technology and entrepreneurship. Through its summer camps, Future Kings Inc introduced 50 boys and girls to fields such as Cyber Security, Stock Market Investing, Computer Game Design, and 3-D Printing. The aim was to spark their interest in these areas and inspire a sense of entrepreneurialism. The program plans to expand its reach, aiming to serve at least 300 students each summer. The ultimate goal is to make Future Kings Inc financially self-sufficient, with its revenue-generating activities contributing significantly to this objective.


Official website here: www.future-kings.org/

Who is the CEO of Future Kings Inc?

Dr Arik King is the Executive Director of Future Kings Inc.


Official website here: www.future-kings.org/

What is the revenue of Future Kings Inc?

Future Kings Inc's revenue in 2022 was $224,746.


Official website here: www.future-kings.org/

Who are the executives of Future Kings Inc and what are their salaries?


Here are 6 key members and their salaries:


Frederick Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larnce Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tshaka Cunningham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dexter Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Arik King (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.future-kings.org/

Where can I find the form 990 for Future Kings Inc?

Future Kings Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.future-kings.org/

Learn more at the official website: www.future-kings.org/

Mission Statement of Future Kings Inc

Future Kings Inc, an entrepreneurial education program, is dedicated to assisting boys from underserved communities in launching and expanding their own STEM-focused businesses. The organization's primary mission is to provide these young individuals with the necessary skills and resources to explore exciting opportunities in fields such as Cyber Security, Stock Market Investing, Computer Game Design, and 3-D Printing. By offering these introductory camps, Future Kings Inc aims to ignite a passion for innovation and entrepreneurship within its students, ultimately serving at least 300 students each summer. The program's ultimate goal is to become self-sustaining, contributing significantly to the organization's overall mission.

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Impact




October, 2024

Future Kings Inc significantly impacts the lives of boys from underserved communities by providing them with essential entrepreneurial education and skills in STEM fields. Through engaging summer camps, the organization introduces participants to critical areas such as Cyber Security, Stock Market Investing, Computer Game Design, and 3-D printing. By offering a structured environment from 8:30 AM to 4:30 PM, Monday through Friday, Future Kings Inc ensures that children not only acquire foundational knowledge but also experience the thrill and entrepreneurial potential within these technical disciplines.

With a goal to expand its reach to serve over 300 students each summer, Future Kings Inc is committed to fostering enthusiasm and engagement in STEM education. The camps not only equip these young minds with practical skills but also inspire them to envision and pursue their own business ventures, setting the stage for future success. The organization strives for sustainability by evolving its programs into revenue-generating avenues that can support its mission over the long term. By investing in the future of these boys, Future Kings Inc plays a pivotal role in breaking the cycle of underrepresentation in technical fields while empowering the next generation of entrepreneurs.




This information is meant to be a general summary of Future Kings 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
$224,746 (2022)
Expenses
$283,598 (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: $214,015
  • Gross Receipts: $224,746

Assets and Liabilities:

  • Total Assets: $24,442
  • Total Liabilities: $0
  • Net Assets: $24,442

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Programs

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

CONTRIBUTIONS

Revenue

$214,015

Organization Details

Founding Year

2015

Principal Officer

Dr Arik King

Main Address

PO BOX 159, Dumfries, VA, 22026

NTEE Category

Code: B90 - Education

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