Overview
What is Forum For The Future Us Inc?
Forum for the Future US Inc is a globally active nonprofit organization, headquartered in Brooklyn, New York. Their mission is to accelerate the transition to a sustainable society by collaborating with businesses, governments, and other organizations to address complex sustainability challenges. They specialize in transforming key systems such as food and energy, and also work in sectors like shipping, finance, and digital technology. With a network of over 130 organizations worldwide, they provide a platform for learning and collaboration, fostering pioneering practices and innovations. Their two-decade-long track record includes partnerships with forward-thinking companies, aiming to contribute to the United Nations' Sustainable Development Goals. The organization currently employs 12 individuals.
Official website here: www.forumforthefuture.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
Forum for the Future US Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The score is primarily based on their Accountability & Finance metrics, with a notable strength in their independent board membership, which comprises 66% independent members. The organization also excels in having a solid audit and oversight committee, with no material diversion of assets reported.
Despite these strengths, the organization has several areas for improvement. The independent board size is relatively small with only 2 independent members, which may limit the diversity of perspectives in governance. Notably, the nonprofit lacks essential policies, such as a whistleblower policy and a document retention and destruction policy, which are critical for transparency and accountability.
Financially, while the program expense ratio is strong at 77.45%, indicating a commitment to its mission, the liabilities to assets ratio at 61.27% raises some concerns about financial stability. Overall, while Forum for the Future US Inc demonstrates a commitment to accountability, the absence of key policies and the limited size of its independent board are significant factors to be mindful of for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Forum For The Future Us Inc legitimate?
Forum For The Future Us Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forum For The Future Us 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: $189,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $721,796
For more financial information, click here
Official website here: www.forumforthefuture.org
What is the mission statement of Forum For The Future Us Inc?
Forum for the Future US Inc's mission is to expedite the transition to a sustainable society on a global scale. They achieve this by collaborating with businesses, governments, and other organizations to tackle complex sustainability challenges. Their influence is measured against the United Nations' Sustainable Development Goals, and they assess their contribution towards delivering these objectives. The organization focuses on transforming key systems, such as food and energy, to ensure long-term success. They have a network of over 130 organizations worldwide, providing an opportunity for learning and collaboration to create pioneering practices and innovations. Forum for the Future US Inc is known for its partnerships with pioneering companies and its two-decade track record of resolving complex sustainability issues.
Official website here: www.forumforthefuture.org
What is the revenue of Forum For The Future Us Inc?
Forum For The Future Us Inc's revenue in 2023 was $3,780,165.
Official website here: www.forumforthefuture.org
Who are the executives of Forum For The Future Us Inc and what are their salaries?
The average compensation at Forum For The Future Us Inc during 2023 was $70,118. There are 13 employees and 14 volunteers at Forum For The Future Us Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $135,339
- Related: $0
- Other: $30,875
- Compensation: $22,859
- Related: $0
- Other: $670
Official website here: www.forumforthefuture.org
Where can I find the form 990 for Forum For The Future Us Inc?
Forum For The Future Us Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.forumforthefuture.org
Learn more at the official website: www.forumforthefuture.org
Mission Statement of Forum For The Future Us Inc
Forum for the Future US Inc is dedicated to propelling society towards sustainability. Their mission is to collaborate with businesses, governments, and various organizations globally to tackle intricate sustainability issues. By focusing on reimagining and transforming key systems we rely on, such as food and energy systems, Forum for the Future US Inc aims to innovate for long-term success. They believe that to create a sustainable future, it's crucial to transform the fundamental systems we use and rely on.
The organization's work aligns with the United Nations' Sustainable Development Goals, and they assess their influence by measuring their contribution towards achieving these goals. Forum for the Future US Inc boasts a network of over 130 organizations worldwide, providing a unique opportunity for learning and collaboration to create pioneering practices and innovations. Through specialist discussions and collaboration, they foster powerful coalitions and collaborations necessary to resolve the complex problems that hinder the creation of a sustainable future. With a track record spanning two decades, Forum for the Future US Inc has partnered with pioneering companies, collaborating with businesses of all sizes to drive sustainable solutions.
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Impact
July, 2024
Forum For The Future Us Inc accelerates the transition to a sustainable society by working globally with business, government, and organizations to solve complex sustainability challenges. They reimagine and transform key systems we all use and rely on, innovating for long-term success. With a focus on changing food and energy systems and working in sectors like shipping, finance, and digital technology, Forum For The Future Us Inc creates powerful coalitions and collaborations to resolve complex problems hindering a sustainable future. Their impactful work spans two decades and involves partnerships with pioneering companies, both large and small. They measure their influence on society by aligning their work with the United Nations' Sustainable Development Goals and assessing their contribution towards delivering these goals.
This information is meant to be a general summary of Forum For The Future Us 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.
- Program Service Revenue: $1,313,832
- Gross Receipts: $3,780,165
Assets and Liabilities:
- Total Assets: $1,059,994
- Total Liabilities: $649,478
- Net Assets: $410,516
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$1,313,832
Organization Details
Founding Year
2015
Principal Officer
Samantha Veide
Website
www.forumforthefuture.orgNTEE Category
Code: Z99 - Unknown
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