Overview
What is For The Long Term?
For The Long Term (FTLT) is a 501(c)(3) organization based in Washington D.C., dedicated to assisting public treasurers in optimizing their roles within the public sector. By providing professional financial management and accountability for various public funds, these treasurers can leverage their power as owners, issuers, and fiduciaries to improve environmental and social outcomes for the public. However, challenges such as bureaucracy, frequent role changes, and inadequate resources and tools for training and onboarding hinder their progress. FTLT aims to bridge this gap by offering guidance and education to public treasurers, allowing them to navigate the nonprofit sector more effectively and ultimately represent the public interest better. With a team of two employees, FTLT fills a critical need to support public treasurers in managing their unique challenges.
Official website here: www.forthelongterm.org
Is For The Long Term legitimate?
For The Long Term is a legitimate nonprofit organization registered as a 501(c)(3) entity. For The Long Term 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: $153,333
Professional Fundraising Fees: $96,100
Other Salaries and Wages: $60,001
For more financial information, click here
Official website here: www.forthelongterm.org
What is the mission statement of For The Long Term?
For The Long Term, a 501(c)(3) organization, aims to assist state, city, and county public treasurers in utilizing their roles effectively to foster sustainable long-term growth for the benefit of their public beneficiaries. Public treasurers, who manage various public funds, often face challenges in working with nonprofit organizations due to bureaucratic procedures, frequent role transitions, and a learning curve regarding their rights and responsibilities. For The Long Term serves a crucial purpose by educating these treasurers, thereby freeing up valuable government resources for core functions and providing outside guidance on the nonprofit support available to help treasurers enhance their skills as owners and fiduciaries. The ultimate goal is for treasurers to effectively represent the public interest by leveraging their power as owners, issuers, and fiduciaries.
Official website here: www.forthelongterm.org
Who is the CEO of For The Long Term?
David Wallack is the President / Executive Director of For The Long Term.
Official website here: www.forthelongterm.org
What is the revenue of For The Long Term?
For The Long Term's revenue in 2022 was $1,498,250.
Official website here: www.forthelongterm.org
Who are the executives of For The Long Term and what are their salaries?
The average compensation at For The Long Term during 2022 was $106,667. There are 2 employees at For The Long Term.
Here are 3 key members and their salaries:
- Compensation: $153,333
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.forthelongterm.org
Where can I find the form 990 for For The Long Term?
For The Long Term's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.forthelongterm.org
Learn more at the official website: www.forthelongterm.org
Mission Statement of For The Long Term
For The Long Term, a 501(c)(3) organization, is dedicated to assisting state, city, and county public treasurers in delivering sustainable long-term growth for the benefit of their public beneficiaries. Recognizing the growing number of non-profit organizations aiming to train and encourage public treasurers to invest in ways that enhance environmental and social outcomes, For The Long Term acknowledges the challenges these treasurers face. Operating within a bureaucracy, they require a more proactive framework to engage effectively. Additionally, public treasurers enter and leave their roles frequently due to restrictions such as term limits, and they often have a learning curve regarding their rights as owners and responsibilities as public fiduciaries. State and local governments frequently lack adequate resources and tools to fully train and onboard these treasurers.
For The Long Term sees a crucial role for non-profit organizations in educating public treasurers, thereby freeing up crucial state and local governmental resources for core governmental functions. Public treasurers also require outside guidance to learn about the non-profit support available to help them develop as owners and fiduciaries, ultimately leveraging their power as owners, issuers, and fiduciaries to represent the public interest effectively. Established to address the critical need for a 501(c)(3) organization that supports public treasurers in managing the unique challenges they face in interacting with non-profit organizations, For The Long Term aims to benefit the members of the public who rely on the public funds that treasurers oversee.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
For The Long Term's impact lies in its mission to empower state, city, and county public treasurers to effectively manage public funds for sustainable long-term growth and benefit. By providing support, education, and resources to public treasurers, For The Long Term aims to enhance their ability to make informed decisions that prioritize environmental and social outcomes. Ultimately, the organization's efforts can lead to improved financial management practices within the public sector, resulting in a positive impact on the communities and individuals that benefit from these funds.
This information is meant to be a general summary of For The Long Term. 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: $1,498,250
Assets and Liabilities:
- Total Assets: $1,158,846
- Total Liabilities: $47,112
- Net Assets: $1,111,734
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2020
Phone
(202) 599-7540Principal Officer
David Wallack
Main Address
PO BOX 96503 PMB 65071, WASHINGTON, DC, 20090
Website
www.forthelongterm.orgNTEE Category
Code: W22 - Public benefit
If you are a representative of For The Long Term and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.