Overview
What is Fathers Building Futures?
Fathers Building Futures is a nonprofit organization situated in Albuquerque, New Mexico, specifically at 6260 Riverside Plaza Lane NW STE A. Their primary mission is to support parents and families who have faced incarceration barriers, aiming to provide them with the best chances for stability on social, emotional, and financial levels. Their job development program has shown significant success, with all five participants securing stable housing and four obtaining long-term positions through partnerships. Moreover, the organization offers financial literacy and parenting classes, boasting a 100% participation and completion rate. All clients successfully completed the program, with only one instance of recidivism. Fathers Building Futures employs a team of 16 individuals in their mission to uplift families affected by incarceration barriers.
Official website here: www.fathersbuildingfutures.org/
Is Fathers Building Futures legitimate?
Fathers Building Futures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fathers Building Futures 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: $241,571
For more financial information, click here
Official website here: www.fathersbuildingfutures.org/
What is the mission statement of Fathers Building Futures?
Fathers Building Futures is committed to providing the best opportunities for stability, socially, emotionally, and financially, for parents and families who face barriers to incarceration. Their mission is to empower these individuals, ensuring they can lead fulfilling lives. The organization offers various programs, including a job development program that places participants in stable housing and secure long-term positions. The financial literacy and parenting classes have high participation and completion rates. In total, all participants who completed the program had minimal instances of recidivism.
Official website here: www.fathersbuildingfutures.org/
Who is the CEO of Fathers Building Futures?
Peter Sanchez is the Ceo of Fathers Building Futures. The CEO's salary of Fathers Building Futures is $0 and their total compensation is $243,455.
Official website here: www.fathersbuildingfutures.org/
What is the revenue of Fathers Building Futures?
Fathers Building Futures's revenue in 2022 was $232,748.
Official website here: www.fathersbuildingfutures.org/
Who are the executives of Fathers Building Futures and what are their salaries?
The average compensation at Fathers Building Futures during 2022 was $15,098. There are 16 employees at Fathers Building Futures.
Here are 7 key members and their salaries (Fathers Building Futures's CEO's salary is $0 and their total compensation is $243,455):
- Compensation: $0
- Related: $216,798
- Other: $26,657
- Compensation: $0
- Related: $125,000
- Other: $16,500
- 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
Official website here: www.fathersbuildingfutures.org/
Where can I find the form 990 for Fathers Building Futures?
Fathers Building Futures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fathersbuildingfutures.org/
Learn more at the official website: www.fathersbuildingfutures.org/
Mission Statement of Fathers Building Futures
Fathers Building Futures, a nonprofit organization, is committed to ensuring that parents and families with barriers to incarceration have the best opportunities for stability in their social, emotional, and financial lives. The mission of Fathers Building Futures is to provide these individuals with the necessary resources and support to overcome the challenges they face, leading to a more secure and prosperous future for themselves and their families.
Through various programs and initiatives, Fathers Building Futures aims to empower its clients to break the cycle of incarceration and build a better future. One of their key programs is a job development initiative that successfully placed five clients in stable housing and into long-term positions with local partners. Furthermore, financial literacy and parenting classes saw 100% client participation and completion, with all five clients graduating from the program. Notably, only one of the graduates had an instance of recidivism, demonstrating the effectiveness of Fathers Building Futures' interventions.
In summary, Fathers Building Futures is a dedicated organization that seeks to support parents and families with barriers to incarceration. By providing job placement, financial literacy, and parenting classes, it helps them overcome the challenges they face and build a stable, secure, and financially sound future. The organization's mission is a testament to its commitment to empowering individuals and families and breaking the cycle of incarceration, paving the way for a brighter future.
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Impact
October, 2024
Fathers Building Futures has significantly enhanced the lives of parents and families facing barriers to incarceration by providing essential support and opportunities for stability in social, emotional, and financial aspects. Their job development program successfully placed all five participating clients into stable housing, demonstrating immediate impact on living conditions. Additionally, four of those clients secured long-term positions with local partners, further emphasizing the program’s effectiveness in fostering sustainable employment.
The program's focus on financial literacy and parenting education has resulted in 100% participation and completion among clients, equipping them with vital skills to improve their family dynamics and fiscal responsibility. With all five clients graduating from the program and only one experiencing recidivism, the initiative has proven successful in promoting lasting change and reducing the likelihood of returning to the criminal justice system. This collective impact underscores the power of targeted support in transforming lives and building stronger families in Albuquerque, New Mexico.
This information is meant to be a general summary of Fathers Building Futures. 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: $257,930
Assets and Liabilities:
- Total Assets: $32,298
- Total Liabilities: $306,321
- Net Assets: -$274,023
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Organization Details
Founding Year
2016
Principal Officer
Peter Sanchez
Main Address
6260 RIVERSIDE PLAZA LANE NW STE A, Albuquerque, NM, 87120
NTEE Category
Code: P80 - Human services
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