Skip to content
Nonprofiteer
← FIFTY FOR THE FUTURE INC

Form 990 for tax year 2023

Filed by FIFTY FOR THE FUTURE INC.

Totals

Total revenue
$380,065
Total expenses
$176,791
Contributions and grants received
$379,000
Grants paid
$51,600
Program service revenue
$0
Investment income
$1,065
Other revenue
$0
Total assets, end of year
$1,464,511
Total liabilities, end of year
$252,676
Net assets or fund balances, end of year
$1,211,835
Program services expenses (Part IX)
$51,600
Management and general expenses
$125,191
Fundraising expenses
$0
Program service expenses (Part III)
$51,600

Program services were 29.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $379,000

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $1,065 · excluded $1,065

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $51,600 · program services $51,600

  • 11a · Fees: management

    total $3,130 · management and general $3,130

  • 11b · Fees: legal

    total $5,524 · management and general $5,524

  • 11c · Fees: accounting

    total $2,714 · management and general $2,714

  • 11g · Fees: other

    total $1,694 · program services $0 · management and general $1,694 · fundraising $0

  • 13 · Office expenses

    total $4,000 · management and general $4,000

  • 23 · Insurance

    total $100,000 · management and general $100,000

  • 24a · Other expenses: Rector Award

    total $7,569 · program services $0 · management and general $7,569 · fundraising $0

  • 24b · Other expenses: OTHER EXPENSE

    total $560 · program services $0 · management and general $560 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $650,863 · end of year $777,745

  • 2 · Savings and temporary cash investments

    beginning of year $673,901 · end of year $681,940

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $4,826

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $108,668 · end of year $30,676

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $203,000 · end of year $222,000

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $1,013,096 · end of year $1,211,835

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

FIFTY FOR THE FUTURE IS AN ARKANSAS NON-PROFIT ORGANIZATION ESTABLISHED FOR THE PURPOSE OF CONTRIBUTING FUNDS TO WORTHY ORGANIZATIONS FOR THE PRIMARY PURPOSE OF PROMOTING ECONOMIC GROWTH IN PULASKI COUNTY, ARKANSAS. THE ORGANIZATION'S PRIMARY SOURCE OF REVENUE IS DUES FROM ITS MEMBERS.

Activities or mission (Part I)

FIFTY FOR THE FUTURE IS AN ARKANSAS NONPROFIT ORGANIZATION CREATED FOR THE PURPOSE OF CONTRIBUTING FUNDS TO WORTHY ORGANIZATIONS FOR PROMOTING ECONOMIC GROWTH IN PULASKI CO, AR.

  • LITTLE ROCK CARES

    Expenses $50,000 · Grants $50,000

  • ACADEMIES OF CENTRAL ARKANSAS

    Expenses $1,600 · Grants $1,600

As filed on the 2023 return.

Listed in Part VII

  • Heather Larkin

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Lisa Ferrell

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Merritt Dyke

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sharon Vogelpohl

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Albert Braunfisch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anthony Brooks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cathy Owen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cathy Tuggle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Curtis Barnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Wilson-Harvey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jessica Dearnley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Burgess

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Schueck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rajesh Chokhani

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robby Vogel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Buckley O Mell

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • LITTLE ROCK CARES

    $50,000

    DISASTER RELIEF

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403199349305805

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.