2023-11-15T12:14:22-06:00 2022-12-31 832175462 MARSHALL JONES 3097 E SHADOWLAWN AVE NE ATLANTA GA 30305 990 2022-01-01 582636418 FUTURE FOUNDATION INC FUTU 4047660510 1892 WASHINGTON ROAD ATLANTA GA 30344 RONNETTE SMITH CEO 4047660510 2023-11-15 1 RONNETTE SMITH 999009999 1 NATHAN LUMMUS P02049603 4042312001 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RONNETTE SMITH 1892 WASHINGTON ROAD ATLANTA GA 30344 1811859 0 X WWW.FUTURE-FOUNDATION.COM X 2001 GA TO LEVEL THE PLAYING FIELD FOR YOUTH CAUGHT IN A CYCLE OF POVERTY BY SERVING AS A SECOND FAMILY, PROVIDING NEW EXPERIENCES, AND REINFORCING SKILLS NEEDD TO THRIVE IN ADULTHOOD. 8 8 72 0 0 0 1952212 1791126 0 0 0 0 0 20733 1952212 1811859 0 0 0 0 1039119 984379 0 0 130277 1120435 772646 2159554 1757025 -207342 54834 453569 450870 291247 235202 162322 215668 FUTURE FOUNDATION IS LEVELING THE PLAYING FIELD FOR YOUTH CAUGHT IN A CYCLE OF GENERATIONAL POVERTY BY SERVING AS A SECOND FAMILY, PROVIDING EXPOSURE TO NEW EXPERIENCES, AND REINFORCING THE SKILLS NEEDED TO PROVIDE IN ADULTHOOD. 0 0 1478932 SINCE 2001, THE FOUNDATION HAS FOCUSED ON FIVE CRITICAL INTERDEPENDENT AREAS OF YOUNG PEOPLES' LIVES - RELATIONSHIPS, HEALTH, LIFE SKILLS, ACADEMICS, AND FAMILY - AND PROVIDED RELATED RESOURCES TO THEIR FAMILIES AS WELL, SO THAT BOTH GENERATIONS CAN MAKE PROGRESS TOGETHER. THE FOUNDATION'S ULTIMATE GOAL IS TO END THE PERVASIVE CYCLE OF GENERATIONAL POVERTY IN ATLANTA.SEE ATTACHED FOR FURTHER DETAIL. 1478932 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 22 0 72 1 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X THE ORGANIZATION 4044660510 1892 WASHINGTON ROAD ATLANTA GA 30344 X JULIUS SHAREEF ABDUR-RAHIM FOUNDER 0.00 X 0 0 0 ANDREW HARNETT DIRECTOR 0.00 X 0 0 0 FELICIA ALLEN DIRECTOR 0.00 X 0 0 0 W IMARA CANADY GOV. COMMITTEE & BOARD CHA 0.00 X X 0 0 0 PIA FORBES DIRECTOR 0.00 X 0 0 0 JEETENDRA KUMAR DIRECTOR 0.00 X 0 0 0 JENN LEAHY MARKETING COMMITTEE CHAIR 0.00 X X 0 0 0 JONAS RHODEN DIRECTOR 0.00 X 0 0 0 JAMES TYSON CEO 40.00 X 0 0 0 0 0 0 0 0 0 0 0 1162434 628692 126360 1791126 OTHER INCOME 900099 20733 20733 20733 1811859 20733 0 0 X 179591 92222 56790 30579 707694 655204 19335 33155 26590 24821 1769 70504 62750 7754 113550 113550 178138 109741 3647 64750 32843 32130 713 6288 6288 13083 13083 179336 172163 5380 1793 22408 22408 5412 5412 70457 70457 REPAIRS AND MAINTENANCE 36303 35214 1089 SUPPLIES 33763 32750 1013 STAFF DEVELOPMENT 27294 27294 UTILITIES 18688 18127 561 35083 18900 16183 1757025 1478932 147816 130277 133801 159458 114544 9394 46875 121679 1989 637062 478712 158349 158350 453569 450870 97534 100741 55580 52702 138133 81759 291247 235202 X -322 0 162644 215668 162322 215668 453569 450870 54834 -1488 0 X X 0 1 X 1 0 X 2371739 2370577 2552203 1952212 1791126 11037857 2371739 2370577 2552203 1952212 1791126 11037857 11037857 11037857 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12128 5632 6496 624934 473080 151854 158350 CAPITAL LEASE OBLIGATIONS 46656 REFUNDABLE ADVANCE - PPP 35103 81759 X SERVICES AND FACILITIES 0 126360 MARKET RATES 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE FOUNDER AND CEO OF THE FOUNDATION ARE SIBLINGS. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 HAS BEEN PREPARED BY AN INDEPENDENT CPA, THE FINANCE COMMITTEE WILL RECEIVE A COPY OF THE RETURN. IT IS REVIEWED FOR ACCURACY AND ANY RECOMMENDATIONS FOR CHANGES WILL BE MADE. ONCE APPROVED BY THE FINANCE COMMITTEE, THE 990 IS SENT TO EACH BOARD MEMBER FOR APPROVAL WITH A MEMO ATTACHED ACKNOWLEDGING FINANCE COMMITTEE'S APPROVAL. ONCE BOARD MEMBER APPROVAL IS OBTAINED, THE 990 WILL BE FINALIZED AND PROCESSED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE EXPECTED TO SIGN A CONFLICT OF INTEREST POLICY EACH YEAR, WHICH REQUIRES THEM TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION BASES ITS COMPENSATION ON INDUSTRY AVERAGES. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION HAS DEVELOPED A PROCESS THAT MAKES GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES, ETC. AVAILABLE TO THE PUBLIC. THE BOARD OF DIRECTORS HAS APPROVED THIS PROCESS WHICH MAKES THESE DOCUMENTS AVAILABLE UNDER THE "ABOUT US" SECTION OF THE FOUNDATION'S WEBSITE, WWW.FUTURE-FOUNDATION.COM. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 100,080. MANAGEMENT AND GENERAL EXPENSES 1,418. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,498. PAYROLL FEES: PROGRAM SERVICE EXPENSES 9,661. MANAGEMENT AND GENERAL EXPENSES 8. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,669. FUNDRAISING CONSULTANT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 64,750. TOTAL EXPENSES 64,750. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,221. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,221. PART XII, LINE 2C THE FOUNDATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR ITS SELCECTION PROCESS.