Overview
What is Future Leaders Community Developmen?
Future Leaders Community Development is a nonprofit organization situated in Orlando, Florida. Its primary focus is to provide childcare services and low-income housing. The organization has successfully completed two housing projects at 811 McFall Ave. and 822 McFall Ave. in Orlando, and has also acquired land at 4518 Arch St for future multi-housing development. Additionally, FLCDC was contracted and funded by the Orange County Citizens Review Panel for a two-year period, during which they offered services to men. As of now, the organization has assisted 15 families through its programs in Orlando, Florida.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating (47%)
Future Leaders Community Development has received a concerning rating of zero stars, indicating significant issues regarding its financial management and accountability. The organization scored poorly in key areas such as the liabilities to assets ratio and program expense ratio, which raises red flags about its financial sustainability and effectiveness in utilizing funds for its intended programs.
On a positive note, the organization has a fully independent board, scoring maximum points in both the majority independent board members and independent board size categories. It also demonstrates strong governance practices with a solid conflict of interest policy and effective document retention procedures. However, these strengths are overshadowed by the financial metrics that suggest a lack of operational efficiency.
Overall, while Future Leaders Community Development has some commendable governance structures in place, the alarming financial ratios and the low program expense ratio highlight serious concerns. Potential donors and supporters should consider these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Future Leaders Community Developmen legitimate?
Future Leaders Community Developmen is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Leaders Community Developmen 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: $42,554
For more financial information, click here
What is the mission statement of Future Leaders Community Developmen?
Future Leaders Community Development's mission focuses on providing solutions for two significant needs: childcare services and affordable housing for low-income families. The organization has completed housing projects and procured land for further development. In addition to these physical endeavors, Future Leaders Community Development has also provided services to several families in Orlando, demonstrating its commitment to supporting community members. The organization's work aims to enhance the living conditions and well-being of families in need, providing them with essential services.
Who is the CEO of Future Leaders Community Developmen?
Unavailable The CEO's salary of Future Leaders Community Developmen is $0 and their total compensation is $0.
What is the revenue of Future Leaders Community Developmen?
Future Leaders Community Developmen's revenue in 2022 was $68,977.
Who are the executives of Future Leaders Community Developmen and what are their salaries?
The average compensation at Future Leaders Community Developmen during 2022 was $8,511. There are 5 employees at Future Leaders Community Developmen.
Here are 5 key members and their salaries (Future Leaders Community Developmen's CEO's salary is $0 and their total compensation is $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
Where can I find the form 990 for Future Leaders Community Developmen?
Future Leaders Community Developmen's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Future Leaders Community Developmen
Future Leaders Community Development is dedicated to making a significant impact in the community by offering two essential services: childcare and low-income housing. The organization has successfully completed housing projects at 811 McFall Ave. and 822 McFall Ave. in Orlando, Florida, and has secured land at 4518 Arch St for future multi-housing development. In addition to its housing initiatives, Future Leaders Community Development has also been contracted and funded by the Orange County Citizens Review Panel for two years to provide childcare services specifically for men. As part of its programs, the organization has served 15 families in Orlando, demonstrating its commitment to supporting families in need.
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Impact
August, 2024
Future Leaders Community Development has made a significant impact by providing childcare services and low-income housing to families in need. Their completion of housing projects at 811 McFall Ave. and 822 McFall Ave in Orlando, FL, along with procuring land for multi-housing development at 4518 Arch St, have helped provide stable and affordable accommodation for individuals and families. Additionally, their contract with the Orange County Citizens Review Panel for two years to provide services has further extended their reach. By serving 15 families through their programs in Orlando, FL, Future Leaders Community Development is actively working towards its mission of supporting the community through education and housing initiatives.
This information is meant to be a general summary of Future Leaders Community Developmen. 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.
- Gross Receipts: $68,977
Assets and Liabilities:
- Total Assets: $485,555
- Total Liabilities: $465,644
- Net Assets: $19,911
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Organization Details
Founding Year
2008
Main Address
1733 Mercy Drive, Orlando, FL, 32808
NTEE Category
Code: B60 - Education
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