Overview

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Est.

2013

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

FUTURE 5 INC is a nonprofit organization focused on youth organizing, dedicated to helping motivated low-income students in Stamford, CT, connect to their full potential, ultimately leading to financial independence and productive citizenship. With an operating budget of $1.9 million and total revenue of $2 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website, FUTUREFIVE.ORG.

Mission Statement

FUTURE 5 HELPS MOTIVATED LOW-INCOME STUDENTS IN STAMFORD, CT CONNECT TO THEIR FULL POTENTIAL, LEADING TO FINANCIAL INDEPENDENCE AND PRODUCTIVE CITIZENSHIP.
Revenues
$2M
Expenses
$2.1M
Net Income:
-$110.8K
Assets
$2.3M
Liabilities
$56.1K
Net Assets:
+$2.2M
Operating Budget
$1.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
44
Median grant size
$10K
Largest grant received
$253K
C
Clifton McFeely
Board Member
L
Lindsay Valk
Board Member
J
Jeff Growney
Board Member

Frequently Asked Questions

What is FUTURE 5 INC’s budget?
In 2024, FUTURE 5 INC reported an annual operating budget of around $1.9 million. More detailed financial information is available to registered users.
What causes does FUTURE 5 INC support?
FUTURE 5 INC supports work in Youth organizing.
Where does FUTURE 5 INC operate?
FUTURE 5 INC is headquartered in Stamford, CT.
Who funded FUTURE 5 INC recently?
In 2025, FUTURE 5 INC received grants from Carey Family Foundation, STAMFORD WOMAN'S CLUB INC, and NEW CANAAN COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant FUTURE 5 INC received in 2024?
The largest grant to FUTURE 5 INC in 2024 exceeds $253 thousand.