2026-05-15T12:30:15-05:00 2025-06-30 934792291 SORREN INC 3562 ROUND BARN CIRCLE SUITE 200 SANTA ROSA CA 95403 990 2024-07-01 941567161 FUTURES EXPLORED INC FUTU 9252843240 2150 JOHN GLENN DRIVE SUITE 300 CONCORD CA 94520 MARIE STAPLETON VICE PRESIDENT OF BOD 9252843240 2026-05-14 1 1 ALICIA T CERRUTI P01247967 7075423343 2026-05-14 2024 2025-03-06 01:10:19Z MARIE STAPLETON 2150 JOHN GLENN DRIVE SUITE 300 CONCORD CA 94520 12647459 0 X WWW.FUTURES-EXPLORED.ORG X 1964 CA THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LIFE SKILLS AND WORK-RELATED TRAINING TO ADULTS WITH DEVELOPMENTAL DISABILITIES. IT SUPPORTS THE ADULTS WITH DEVELOPMENTAL DISABILITIES TO REACH THEIR OPTIMAL LEVEL OF INDIVIDUAL POTENTIAL BY DELIVERING A BROAD RANGE OF RESOURCES AND ONGOING GUIDANCE. 8 8 187 30 0 0 686334 426012 9689823 12152912 76764 52667 2288 7227 10455209 12638818 0 0 0 0 7918024 8383500 0 0 50436 2767667 2997697 10685691 11381197 -230482 1257621 10614201 13046454 7186944 8359659 3427257 4686795 X THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LIFE SKILLS AND WORK-RELATED TRAINING TO ADULTS WITH DEVELOPMENTAL DISABILITIES. IT SUPPORTS THE ADULTS WITH DEVELOPMENTAL DISABILITIES TO REACH THEIR OPTIMAL LEVEL OF INDIVIDUAL POTENTIAL BY DELIVERING A BROAD RANGE OF RESOURCES AND ONGOING GUIDANCE. 0 0 2242170 372061 COMMUNITY CONNECTIONS - OFFERS SUPPORT TO ENCOURAGE INDIVIDUALS TO BEACTIVE IN THEIR COMMUNITY, DEVELOP SKILLS TO BE MORE INDEPENDENT ANDABLE TO DIRECT THEIR ACTIVITIES. 2531679 9397 PERSONAL WELLNESS - PROGRAMS ARE DESIGNED FOR INDIVIDUALS REQUIRING PHYSICAL CARE AND SUPERVISION WHO MAY ALSO HAVE MEDICAL SUPPORT NEEDS. 2844923 11750789 FILM AND MEDIA - VOCATIONAL PROGRAM DESIGNED TO PROVIDE WORKING KNOWLEDGE OF FILM PRODUCTION AND THEN BUILD UPON THOSE SKILLS WITH CONTINUING STUDIO PARTICIPATION. 2090192 20665 EMPLOYMENT SUPPORT, BUSINESS ENTERPRISES AND SPECIAL PROJECTS - DESIGNED TO PROVIDE PARTICIPANTS WITH SKILLS, TOOLS, AND HANDS-ON EXPERIENCE. PARTICIPANTS RECEIVE INDIVIDUALIZED ON-THE-JOB COACHING, INCLUDING: FULL-TIME SUPPORT THROUGH THE TRAINING PROCESS THAT FADES AS THE JOB AND SKILLS NEEDED ARE LEARNED; ONGOING SUPPORTS INCLUDE ADVOCACY WITH MANAGEMENT; INTERPERSONAL SKILLS IN THE WORKPLACE; LEARNING NEW OR ADDITIONAL WORK TASKS; MANAGING STRESS. 2090192 20665 9708964 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 187 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X ROBIN OBERG 9252843240 2150 JOHN GLENN DRIVE SUITE 300 CONCORD CA 94520 DEBBIE RIEZA- START OCT 2024 VICE PRESIDENT 1.00 X X 0 0 0 MARIE STAPLETON PRESIDENT 1.00 X X 0 0 0 RACHEL AUGUST - START NOV 2024 TREASURER 1.00 X X 0 0 0 MARK WECKWERTH - LEFT OCT 2024 TREASURER 1.00 X X 0 0 0 ANN DEROSE SECRETARY 1.00 X X 0 0 0 CAROLYN ZALEWSKI - LEFT OCT 2024 PRESIDENT 1.00 X X 0 0 0 DAVID C SCHLESINGER MEMBER 1.00 X 0 0 0 DAWN DEASON - LEFT JAN 2025 MEMBER 1.00 X 0 0 0 DENYSE CUTRIGHT - LEFT OCT 2024 MEMBER 1.00 X 0 0 0 NIKKI LOPEZ - LEFT OCT 2024 MEMBER 1.00 X 0 0 0 RAY A FORTNEY MEMBER 1.00 X 0 0 0 ROY COOK - LEFT OCT 2024 MEMBER 1.00 X 0 0 0 ANGELINA CHANG - START OCT 2024 MEMBER 1.00 X 0 0 0 JAMES PRINGLE - START OCT 2024 MEMBER 1.00 X 0 0 0 ERICA HORN EXECUTIVE DIRECTOR 40.00 X 71976 0 751 LINDSEY DYBA CHIEF OF PROGRAMS 40.00 X 122411 0 0 ANGELIQUE GOLDBERG SENIOR PROGRAM DIRECTOR 40.00 X 106296 0 1643 HESTER WAGNER SENIOR PROGRAM DIRECTOR 40.00 X 102222 0 923 402905 0 3317 3 0 0 0 0 359815 66197 16157 426012 REGIONAL CENTER 624310 11750789 11750789 COMMUNITY REVENUE 624310 372061 372061 OTHER MISCELLANEOUS 624310 20665 20665 DEPARTMENT OF REHABILITATION 624310 9397 9397 12152912 52667 52667 11938 6499 5439 5439 3930 2142 1788 1788 12638818 12152912 0 59894 X 480804 335927 130527 14350 6304608 5727547 563952 13109 1080220 999031 81189 517868 462378 53406 2084 55042 55042 74760 74760 116115 52815 51300 12000 40507 4156 34241 2110 411826 316407 94475 944 136561 51015 81121 4425 1207579 1146456 61123 222331 197564 24760 7 3923 3923 125932 39230 86702 132450 132450 VEHICLE EXPENSES 206600 205898 702 BAD DEBT 89482 89482 MISC. 61682 43282 17143 1257 PROFESSIONAL DEVELOPMEN 52199 20432 31767 60708 17344 43214 150 11381197 9708964 1621797 50436 2058778 3304769 66411 66447 132217 51989 988305 2177292 83045 45671 2921236 1916939 1080160 1004297 26044 28953 6179241 6367036 10614201 13046454 745560 924529 144236 139713 6297148 7295417 7186944 8359659 X 3313486 4581590 113771 105205 3427257 4686795 10614201 13046454 1257621 1917 0 X X 0 1 X 1 0 X 275856 1807204 1943752 686334 426012 5139158 9744927 8945367 9661350 9681423 12132247 50165314 10020783 10752571 11605102 10367757 12558259 55304472 1925 1000 3960 1480 4026 12391 0 1925 1000 3960 1480 4026 12391 55292081 1226 524 5240 56305 52667 115962 1226 524 5240 56305 52667 115962 2244 7228 9472 58269 13206 8444 20665 100584 10080278 10753095 11623548 10434750 12638819 55530490 0.99570 0.97770 0.00210 0.02060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86400 86400 86400 86400 53091 33309 86400 56174 -3083 53091 53401 2834 61 56174 1.00000 0 0 380000 380000 1251826 905940 345886 750962 530129 220833 497436 480870 16566 41012 41012 1004297 RIGHT-OF-USE ASSET FOR OPERATING LEASES 6080454 DEPOSITS 134012 RIGHT-OF-USE ASSET FOR FINANCE LEASES 152570 6367036 OPERATING LEASE LIABILITY 6315508 FINANCE LEASE LIABILITY 129909 PAYROLL TAX LIABILITY 850000 7295417 X 12640735 1917 1917 12638818 0 12638818 11381197 0 11381197 0 11381197 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS, REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSES FOR WHICH IT WAS GRANTED EXEMPTION, COMMONLY REFERRED TO AS UNRELATED BUSINESS INCOME. NO INCOME TAX PROVISION HAS BEEN RECORDED FOR THE YEAR ENDED JUNE 30, 2024, AS MANAGEMENT DETERMINED THAT THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME. THE ORGANIZATION IS SUBJECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, UNDER ASC 740, INCOME TAXES. ASC 740 REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURNS AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS THAT DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. THE ORGANIZATION'S POLICY IS TO REFLECT INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS PART OF INCOME TAX EXPENSE, WHEN AND IF THEY BECOME APPLICABLE. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTES OF LIMITATIONS ON THOSE TAX RETURNS. IN GENERAL, FEDERAL INCOME TAX RETURNS HAVE A THREE-YEAR STATUTE OF LIMITATIONS, AND STATE INCOME TAX RETURNS HAVE A FOUR-YEAR STATUTE OF LIMITATIONS. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION FUTURES EXPLORED, INC 2150 JOHN GLENN DRIVE, SUITE 300 CONCORD, CA 94520 EMPLOYER IDENTIFICATION NUMBER: 94-1567161 FOR THE YEAR ENDING JUNE 30, 2025 FUTURES EXPLORED, INC IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE ORGANIZATION ARE REGULARLY REMINDED ABOUT THE CONFLICT OF INTEREST POLICY AND ARE INSTRUCTED TO COME FORWARD IF A CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 FUTURES EXPLORED PARTICIPATES IN AND USES THE NON-PROFIT MANAGEMENT'S ANNUAL SALARY SCALE RESEARCH. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION HAS MADE THEM AVAILABLE ON THEIR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS MADE THEM AVAILABLE ON THEIR WEBSITE. FORM 990, PART IX, LINE 24B DURING THE YEAR ENDED JUNE 30, 2025, THE ORGANIZATION WAS INVOLVED IN A CLAIM FILED UNDER THE PRIVATE ATTORNEYS GENERAL ACT. IN AUGUST 2025, THE ORGANIZATION ENTERED INTO A SETTLEMENT AGREEMENT RELATED TO THIS MATTER AND RECORDED AN ACCRUAL OF $850,000 AS OF JUNE 30, 2025. INSURANCE PROCEEDS OF $838,147 ARE EXPECTED TO REIMBURSE THE ORGANIZATION AND HAVE BEEN RECORDED AS AN INSURANCE REIMBURSEMENT RECEIVABLE AS OF JUNE 30, 2025. THE NET AMOUNT OF $11,853 HAS BEEN RECOGNIZED AS LEGAL SETTLEMENT EXPENSE. MANAGEMENT DOES NOT BELIEVE THERE IS ANY ADDITIONAL EXPOSURE RELATED TO THIS MATTER. PART VIII LINE 1E DURING THE YEAR, THE ORGANIZATION RECEIVED A $19,773 REFUND OF A PRIOR-YEAR GRANT EXPENSE. THE AUDITED FINANCIAL STATEMENTS PRESENT REFUND AS GOVERNMENT GRANT REVENUE AND INCLUDE THE RELATED AMOUNT WITHIN FUNCTIONAL EXPENSES AS ADMINISTRATIVE EXPENSE. FORM 990 REFLECTS THIS PRESENTATION CONSISTENT WITH THE FINANCIAL STATEMENTS. THIS ITEM RELATES TO PRIOR YEAR ACTIVITY AND DOES NOT REFLECT CURRENT YEAR OPERATIONS. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS OF THE ORGANIZATION IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT PROCESS INCLUDING THE SELECTION OF THE AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.