Overview

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Est.

2016

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Fathers Building Futures is a nonprofit organization focused on supporting parents and families affected by incarceration, aiming to provide them with opportunities for social, emotional, and financial stability. With an operating budget of $433.9K and total revenue of $374K 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 at https://fathersbuildingfutures.org/.

Mission Statement

TO ENSURE PARENTS AND FAMILIES WITH BARRIERS RESULTING FROM INCARCERATION HAVE THE BEST OPPORTUNITIES FOR STABILITY SOCIALLY, EMOTIONALLY, AND FINANCIALLY.
Revenues
$374K
Expenses
$433.9K
Net Income:
-$59.9K
Assets
$172.6K
Liabilities
$748K
Net Assets:
-$575.4K
Operating Budget
$433.9K
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
1
Median grant size
$100K
Largest grant received
$100K
R
Ray Mares
Board Member
P
Peter Sanchez
Board Member
C
Charles Pena
Board Member

Frequently Asked Questions

What is FATHERS BUILDING FUTURES’s budget?
In 2024, FATHERS BUILDING FUTURES reported an annual operating budget of around $434 thousand. More detailed financial information is available to registered users.
What causes does FATHERS BUILDING FUTURES support?
FATHERS BUILDING FUTURES supports work in Special population support and Corrections and penology.
Where does FATHERS BUILDING FUTURES operate?
FATHERS BUILDING FUTURES is headquartered in Albuquerque, NM.
Who funded FATHERS BUILDING FUTURES recently?
In 2024, FATHERS BUILDING FUTURES received grants from WK Kellogg Foundation, WK Kellogg Foundation, and ALBUQUERQUE COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FATHERS BUILDING FUTURES received in 2024?
The largest grant to FATHERS BUILDING FUTURES in 2024 exceeds $100 thousand.
What is FATHERS BUILDING FUTURES’s reliance on government grants?
FATHERS BUILDING FUTURES relied on government grants for more than 35% of their total revenue in 2024.