Overview
What is Futures Inc?
Futures Inc, headquartered in Daytona Beach, Florida, is a dedicated nonprofit organization committed to supporting educators within the Volusia School District. By granting funds to eligible teachers, they enable various classroom projects, fostering a conducive learning environment. Their mission is to collaborate with business and civic leaders to enhance educational excellence in Volusia County public schools. Their vision is to equip and prepare all Volusia County public school students for success in higher education or careers, demonstrating their strong commitment to the community's future. With a modest workforce of two individuals, Futures Inc serves as an essential partner in shaping the educational landscape of the region.
Official website here: www.futuresvolusia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Futures Inc has achieved an impressive 92% rating, reflecting a strong commitment to accountability and finance. The organization is particularly notable for its high level of independent board engagement, with all members being independent, which enhances its governance and decision-making processes. The charity also demonstrates effective financial oversight, as evidenced by a flawless audit and oversight committee score.
The financial health of Futures Inc is further supported by a low liabilities to assets ratio of 4.47%, indicating sound financial management. With a program expense ratio of 67.13%, the majority of its spending is directed towards its programs, showcasing a focus on impactful initiatives. However, while the score reflects overall organizational strengths, there is a slight deduction in the program expense ratio, suggesting room for improvement in maximizing resources for its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Futures Inc?
100% of 7 reviewers on Facebook recommend Futures Inc. Here is a summary of their reviews: Many express great appreciation for the organization's impact, particularly its support for schools, teachers, and students in the Volusia County school district.
Reviewers highlight the significant difference Futures Inc. is making in local education, showcasing its positive influence on the community. The praises reflect a strong sentiment of gratitude and endorsement for the work being done.
Overall, the feedback reveals a clear consensus: Futures Inc. is effectively fulfilling its mission and gaining valuable support from those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Futures Inc legitimate?
Futures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futures 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:
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For more financial information, click here
Official website here: www.futuresvolusia.org
What is the mission statement of Futures Inc?
Futures Inc, a non-profit organization, has a mission to engage business and civic leaders in promoting and achieving educational excellence for students in Volusia County Public Schools. Their vision is to equip and prepare all Volusia County Public School students for success in either college or their chosen careers. To support this mission, they provide financial aid to qualified teachers through the awarding of mini-grants for various classroom projects. These initiatives aim to enhance the learning experiences and improve the overall educational environment for the students.
Official website here: www.futuresvolusia.org
Who is the CEO of Futures Inc?
Heather Bond Vargas is the Director of Futures Inc.
Official website here: www.futuresvolusia.org
What is the revenue of Futures Inc?
Futures Inc's revenue in 2022 was $883,163.
Official website here: www.futuresvolusia.org
Who are the executives of Futures Inc and what are their salaries?
There are 2 employees at Futures Inc.
Here are 33 key members and their salaries:
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Official website here: www.futuresvolusia.org
Where can I find the form 990 for Futures Inc?
Futures Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.futuresvolusia.org
Learn more at the official website: www.futuresvolusia.org
Mission Statement of Futures Inc
Futures Inc, a nonprofit organization, is dedicated to promoting and achieving educational excellence for Volusia County Public Schools. Their mission is to engage business and civic leaders in this endeavor, striving for a future where all students from this district are equipped and prepared for either college or a career. The vision of Futures Inc is to ensure that every student in Volusia County Public Schools graduates with the necessary skills to succeed in their chosen path. To achieve this, Futures Inc provides financial support to qualified teachers through the awarding of mini-grants to their schools. These grants are intended for various classroom projects, aiming to enhance the learning experience and foster a conducive educational environment for the students.
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Impact
July, 2024
Futures Inc's impact can be seen in its dedication to promoting and achieving educational excellence for Volusia County Public Schools. By engaging business and civic leaders in this mission, Futures Inc plays a crucial role in ensuring that all students in the county are equipped and prepared for college or career success. Through the provision of financial support to qualifying teachers and awarding mini-grants for various classroom projects, Futures Inc directly contributes to enhancing the learning environment and opportunities for students in Volusia County.
This information is meant to be a general summary of Futures 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 2022.
- Investment Income: -$155,038
- Gross Receipts: $934,186
Assets and Liabilities:
- Total Assets: $2,752,805
- Total Liabilities: $252,281
- Net Assets: $2,500,524
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Organization Details
Founding Year
1985
Phone
(386) 255-6475Principal Officer
Heather Bond Vargas
Main Address
3750 OLSON DRIVE, DAYTONA BEACH, FL, 32124
Website
www.futuresvolusia.orgNTEE Category
Code: B20 - Education
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