Overview
What is Work For The Future Foundation?
Work For The Future Foundation is a nonprofit organization that relocated to Fort Smith, Arkansas, due to regulatory challenges in its previous location under Governor Inslee's mandates. The organization owns its operational and residential facilities, having fully paid off its properties. Despite facing delays in obtaining the necessary non-profit status from the IRS, which took nine months, and subsequently, a period of correction from August 2020 to February 2021, the foundation has focused on teaching business skills through its trade school.
Official website here: www.workforthefuturefoundation.org
Is Work For The Future Foundation legitimate?
Work For The Future Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Work For The Future Foundation submitted a form 990EZ, 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.
Official website here: www.workforthefuturefoundation.org
What is the mission statement of Work For The Future Foundation?
The Work For The Future Foundation, after facing challenges with regulatory issues, relocated to Fort Smith, Arkansas. With their home fully owned and no mortgage, they shifted their focus to offering trade school education, specifically in business skills. Due to delays in obtaining non-profit status and regulatory compliance, their teaching activities were temporarily halted from August 2020 to February 2021. Post-settlement, the foundation resumed its mission to impart business skills through trade school education.
Official website here: www.workforthefuturefoundation.org
Who is the CEO of Work For The Future Foundation?
Karen E Hainline is the President of Work For The Future Foundation.
Official website here: www.workforthefuturefoundation.org
What is the revenue of Work For The Future Foundation?
Work For The Future Foundation's revenue in 2022 was $46,843.
Official website here: www.workforthefuturefoundation.org
Who are the executives of Work For The Future Foundation and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.workforthefuturefoundation.org
Where can I find the form 990EZ for Work For The Future Foundation?
Work For The Future Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.workforthefuturefoundation.org
Learn more at the official website: www.workforthefuturefoundation.org
Mission Statement of Work For The Future Foundation
The Work For The Future Foundation, having relocated to Fort Smith, Arkansas, shifted its focus due to governance-related challenges in its previous location. With its home and trade school completely paid off, the organization found itself unable to operate as a trade school teaching business skills due to prolonged bureaucratic processes. Specifically, it took nine months for the Internal Revenue Service (IRS) to approve its Electronic Federal Tax Application (EFIN), and then another six months were spent correcting its non-profit status. As a result, the foundation was unable to engage in any teaching activities during 2020. Despite these challenges, the Work For The Future Foundation continues to emphasize its mission to teach business skills through a trade school setting.
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Impact
August, 2024
Work For The Future Foundation's impact can be seen in its dedication to providing trade school teaching of business skills in Fort Smith, Arkansas. Despite facing challenges with IRS processes and regulatory hurdles, the foundation has persisted in its mission to equip individuals with the knowledge and tools necessary for employment. By focusing on empowering students with practical skills, Work For The Future Foundation is contributing towards building a more skilled and capable workforce in the region.
This information is meant to be a general summary of Work For The Future Foundation. 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.
- Program Service Revenue: $45,735
- Gross Receipts: $46,843
Assets and Liabilities:
- Total Assets: $903
- Total Liabilities: $36,389
- Net Assets: -$35,486
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Organization Details
Principal Officer
Karen E Hainline
Main Address
PO BOX 10108, FORT SMITH, AR, 72917
NTEE Category
Code: J22 - Employment
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