Overview
What is Futures Through Training Inc?
Futures Through Training Inc is a nonprofit organization committed to boosting private employment opportunities and offering training services to eligible individuals under various federal and state assistance programs. Their mission revolves around enhancing employment prospects and providing necessary training for these individuals, aiming to empower them and improve their livelihoods. The organization operates within the framework of multiple assistance programs, thereby expanding its reach and impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Futures Through Training Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity scored 92% overall, with the rating reflecting its strong performance in various accountability benchmarks, particularly in financial management and governance.
Strengths noted in the rating include a fully independent board, effective audit and oversight practices, and the implementation of essential policies such as conflict of interest and whistleblower procedures. The organization also demonstrated solid financial ratios, with a program expense ratio of 93.21%, suggesting that a significant portion of its funds is directed towards its mission-related activities.
Limitations in the data primarily revolve around the financial ratios, where the liabilities to assets ratio was noted at 53.07%, indicating a moderate level of liabilities. However, the overall financial health and strong governance practices outweigh potential concerns, reflecting Futures Through Training Inc's commitment to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Futures Through Training Inc legitimate?
Futures Through Training Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Futures Through Training 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $684,820
For more financial information, click here
What is the mission statement of Futures Through Training Inc?
Futures Through Training Inc's mission is centered around enhancing private employment opportunities and providing necessary training for eligible individuals. This is accomplished through the utilization of various federal and state assistance programs. The organization's goal is to offer assistance and training, thereby empowering individuals to secure employment and improve their livelihoods.
Who is the CEO of Futures Through Training Inc?
Phil Shumway is the Executive Di of Futures Through Training Inc.
What is the revenue of Futures Through Training Inc?
Futures Through Training Inc's revenue in 2022 was $1,271,155.
Who are the executives of Futures Through Training Inc and what are their salaries?
The average compensation at Futures Through Training Inc during 2022 was $20,752. There are 33 employees at Futures Through Training Inc.
Here are 5 key members and their salaries:
- Compensation: $24,927
- 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 Futures Through Training Inc?
Futures Through Training Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Futures Through Training Inc
Futures Through Training Inc is dedicated to enhancing private employment opportunities and providing necessary training for eligible individuals. This nonprofit organization operates under various federal and state assistance programs with the primary aim of offering assistance and training to those in need. By increasing the availability of private employment and training, Futures Through Training Inc strives to empower individuals and contribute to their personal growth and development.
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Impact
July, 2024
Futures Through Training Inc has made a significant impact on the community by increasing private employment opportunities and providing valuable training to eligible individuals under federal and state assistance programs. Through their dedicated efforts in the city of Ogden, UT, they have been instrumental in helping individuals secure meaningful employment and gain skills that improve their overall livelihood. Their mission to enhance private employment and offer crucial assistance to those in need has undoubtedly served as a beacon of hope for many in the community. Their work aligns with the core value of empowering individuals through employment and training opportunities, making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Futures Through Training 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: $520
- Gross Receipts: $1,271,155
Assets and Liabilities:
- Total Assets: $250,004
- Total Liabilities: $83,352
- Net Assets: $166,652
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Organization Details
Founding Year
1986
Phone
(801) 394-9774Principal Officer
Phil Shumway
Main Address
3564 LINCOLN AVENUE 4B, OGDEN, UT, 84403
NTEE Category
Code: J220 - Employment
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