Totals
- Total revenue
- $614,405
- Total expenses
- $497,405
- Contributions and grants received
- $195,547
- Grants paid
- $102,818
- Program service revenue
- $0
- Investment income
- $435,899
- Other revenue
- -$17,041
- Total assets, end of year
- $2,304,823
- Total liabilities, end of year
- $26,107
- Net assets or fund balances, end of year
- $2,278,716
- Program services expenses (Part IX)
- $436,646
- Management and general expenses
- $41,808
- Fundraising expenses
- $18,951
- Program service expenses (Part III)
- $436,646
Program services were 87.8% 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.
-
1c · Fundraising events
$11,488
-
1f · All other contributions, gifts and grants
$184,059
-
3 · Investment income
total $164,740 · excluded $164,740
-
7a · Gross sales of assets other than inventory
securities $580,000
-
7b · Less cost or other basis and sales expenses
securities $308,841
-
7c · Gain or loss
securities $271,159
-
7d · Net gain or loss
total $271,159 · excluded $271,159
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$11,488
-
8b · Fundraising events: direct expenses
$17,041
-
8c · Net income from fundraising events
total -$17,041 · excluded -$17,041
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $102,818 · program services $102,818
-
5 · Compensation of officers, directors and key employees
total $253,558 · program services $225,667 · management and general $11,410 · fundraising $16,481
-
10 · Payroll taxes
total $14,599 · program services $12,993 · management and general $657 · fundraising $949
-
11c · Fees: accounting
total $30,500 · program services $1,969 · management and general $28,531
-
11g · Fees: other
total $72,365 · program services $72,365
-
13 · Office expenses
total $8,249 · program services $7,203 · management and general $520 · fundraising $526
-
17 · Travel
total $977 · program services $870 · management and general $44 · fundraising $63
-
19 · Conferences, conventions and meetings
total $6,491 · program services $5,777 · management and general $292 · fundraising $422
-
23 · Insurance
total $6,056 · program services $5,389 · management and general $273 · fundraising $394
-
24a · Other expenses: MISCELLANEOUS EXPENSE
total $1,792 · program services $1,595 · management and general $81 · fundraising $116
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $178,313 · end of year $146,485
-
4 · Accounts receivable
beginning of year $250 · end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $5,316
-
11 · Investments: publicly traded securities
beginning of year $2,351,080 · end of year $2,153,022
-
17 · Accounts payable and accrued expenses
beginning of year $321,376 · end of year $26,107
-
27 · Net assets without donor restrictions
beginning of year $2,096,787 · end of year $2,278,716
-
28 · Net assets with donor restrictions
beginning of year $111,480 · end of year $0
Mission and programs · 2024
Mission
THE MISSION OF THE FUTURES FOUNDATION IS TO BE A VOICE FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES BY HELPING INDIVIDUALS GET ACCESS TO EVERYDAY FUNDAMENTAL NEEDS, FACILITATING CREATION OF WAYS TO ADDRESS SYSTEMIC NEEDS AND BEING A CATALYST IN DRIVING COLLABORATIVE LIFELONG CARE SOLUTIONS.
Activities or mission (Part I)
SEE SCHEDULE O.
-
UPON FORMAL COMMITTEE REVIEW AND APPROVAL OF GRANT REQUESTS, THE FUTURES FOUNDATION FULFILLS SUCH REQUESTS FOR BASIC NEEDS, SKILL BUILDING OPPORTUNITIES AND/OR EQUIPMENT, TECHNOLOGY ESSENTIAL/EQUIPMENT FOR COMMUNICATION, EDUCATION, EMPLOYMENT; RECREATION AND COMMUNITY PROGRAMS, OTHERWISE UNAVAILABLE OR INACCESSIBLE TO THE CHILD OR ADULT WITH SPECIAL NEEDS. IN SERVICE AND OPPORTUNITY, OVER 4,500 INDIVIDUALS AND FAMILIES HAVE BEEN IMPACTED BY THE FOUNDATION - STABILIZING HOME ENVIRONMENTS, FORSTERING COMMUNITY ENGAGEMENT, PROVIDING OPPORTUNITY AND BUILDING SELF-RELIANCE. IN ADDITION TO DIRECT SERVICE, THE FUTURES FOUNDATION WAS A LEAD PARTNER IN THE LAUNCH OF MICHIGAN'S DIRECT CARE WORK TASK FORCE AND SERVES AS A CONSISTENT VOICE FOR THE CAREGIVING NEEDS OF CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES. IN ADDITION TO WORK WITH THE MICHIGAN DIRECT CARE WORK TASK FORCE, THE FUTURES FOUNDATION IS ALSO A PARTNER MORE BROADLY WIHT THE NATIONALLY KNOWN AND FOCUSED CAREGIVING ENTITIES. SERVICE ON ADVISORY COMMITTEES AND LOOKING SOON TO ACTIVE ENGAGEMENTS IN RESEARCH, TOGETHER, THE FUTURES FOUNDATION AND NATIONAL PARTNERS HAVE A SHARED BELIEF IN GAREGIVER VALUE - INCLUSIVE OF EXPERIENCES, NEEDS, TRAINING, RESOURCES, ETC. AMIDST FAMILY CAREGIVERS AND BEYOND, FOR THOSE WITH A DISABILITY NEEDING CARE.
Expenses $436,646 · Grants $102,818
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
James NicholsonJAMES NICHOLSON
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Dana LocniskarDANA LOCNISKAR
SECRETARY OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Garry CarleyGARRY CARLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Luana FloccuzioLUANA FLOCCUZIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael MordenMICHAEL MORDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter KellettPETER KELLETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michelle GlazierMICHELLE GLAZIER
EXECUTIVE DIRECTOR
- Total calculated
- $247,500
- From this org
- $225,000
- From related orgs
- $0
- Other
- $22,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,000
- Bonus
- $0
- Other
- $0
- Deferred
- $22,500
- Nontaxable benefits
- $0
- Filer's total
- $247,500
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543169349304989
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