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Nonprofiteer
← FUTURE PLANS INC

Form 990 for tax year 2024

Filed by FUTURE PLANS INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 14 May 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$11,906,013 changed to $8,282,203
Total expenses
$6,057,807 changed to $5,094,632
Contributions and grants received
$3,922,075 changed to $1,435,045
Program service revenue
$7,879,877 changed to $6,763,539
Investment income
$104,061 changed to $71,448
Other revenue
$0 changed to $12,171
Total assets, end of year
$13,551,571 changed to $16,560,449
Total liabilities, end of year
$4,322,497 changed to $4,143,804
Net assets or fund balances, end of year
$9,229,074 changed to $12,416,645
Program services expenses
$4,094,979 changed to $3,125,394
Management and general expenses
$1,840,030 changed to $1,911,900
Fundraising expenses
$122,798 changed to $57,338
Program service expenses (Part III)
$4,094,979 changed to $3,125,394

Listed only on the earlier return

  • Brandon Beck
  • Janice Guhl
  • Kristy Amy
  • Shari Demarco
  • Tracy Martin-Thompson

Totals

Total revenue
$11,906,013
Total expenses
$6,057,807
Contributions and grants received
$3,922,075
Grants paid
$0
Program service revenue
$7,879,877
Investment income
$104,061
Other revenue
$0
Total assets, end of year
$13,551,571
Total liabilities, end of year
$4,322,497
Net assets or fund balances, end of year
$9,229,074
Program services expenses (Part IX)
$4,094,979
Management and general expenses
$1,840,030
Fundraising expenses
$122,798
Program service expenses (Part III)
$4,094,979

Program services were 67.6% 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.

  • 1f · All other contributions, gifts and grants

    $3,922,075

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $7,879,877 · related or exempt $7,879,877

  • 3 · Investment income

    total $104,061 · excluded $104,061

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $521,294 · program services $337,986 · management and general $168,102 · fundraising $15,206

  • 7 · Other salaries and wages

    total $3,066,254 · program services $1,988,036 · management and general $988,774 · fundraising $89,444

  • 9 · Other employee benefits

    total $212,028 · program services $135,819 · management and general $70,099 · fundraising $6,110

  • 10 · Payroll taxes

    total $284,880 · program services $181,810 · management and general $94,890 · fundraising $8,180

  • 11b · Fees: legal

    total $3,727 · program services $1,555 · management and general $2,172

  • 11g · Fees: other

    total $500,090 · program services $208,638 · management and general $291,452

  • 12 · Advertising and promotion

    total $166,160 · program services $166,122 · management and general $38

  • 13 · Office expenses

    total $90,253 · program services $58,516 · management and general $29,104 · fundraising $2,633

  • 14 · Information technology

    total $590,783 · program services $518,545 · management and general $72,238

  • 16 · Occupancy

    total $9,363 · management and general $9,363

  • 17 · Travel

    total $130,475 · program services $117,369 · management and general $13,020 · fundraising $86

  • 20 · Interest

    total $40,229 · management and general $40,229

  • 22 · Depreciation, depletion and amortization

    total $313,932 · program services $313,932

  • 23 · Insurance

    total $22,774 · program services $18,219 · management and general $3,416 · fundraising $1,139

  • 24a · Other expenses: CONTINUING EDUCATION

    total $79,259 · program services $24,029 · management and general $55,230 · fundraising $0

  • 24b · Other expenses: MISCELLANEOUS

    total $21,664 · program services $21,664 · management and general $0 · fundraising $0

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $3,043 · program services $2,739 · management and general $304 · fundraising $0

  • 24d · Other expenses: CHARITABLE CONTRIBUTION

    total $1,599 · program services $0 · management and general $1,599 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,555,885 · end of year $3,126,749

  • 2 · Savings and temporary cash investments

    beginning of year $50,006 · end of year $50,011

  • 3 · Pledges and grants receivable

    beginning of year $616,592 · end of year $2,748,056

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,331 · end of year $33,952

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

    $4,459,582

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

    $941,795

  • 10c · Land, buildings and equipment, net

    beginning of year $313,932 · end of year $3,517,787

  • 14 · Intangible assets

    beginning of year $4,075,016 · end of year $4,075,016

  • 17 · Accounts payable and accrued expenses

    beginning of year $163,367 · end of year $229,529

  • 19 · Deferred revenue

    end of year $498,441

  • 22 · Loans and payables to officers and key people

    beginning of year $3,094,527 · end of year $3,094,527

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $500,000

  • 27 · Net assets without donor restrictions

    beginning of year $3,380,868 · end of year $8,729,074

  • 28 · Net assets with donor restrictions

    end of year $500,000

Mission and programs · 2024

Mission

TO FOSTER ROBUST ECONOMIC GROWTH WITHIN UNDERSERVED COMMUNITIES THROUGH A GRASSROOTS COLLABORATIVE APPROACH, ULTIMATELY LEADING TO THE DEVELOPMENT OF A HIGHLY SOUGHT-AFTER WORKFORCE.

  • FUTURE PLANS PROVIDES A COMPREHENSIVE CAREER ASSESSMENT AND WRAP AROUNDS SERVICES FOR STUDENTS AND ADULTS EMPOWERING THEM TO DISCOVER THEIR STRENGTHS, TALENTS, AND INTERESTS LAYING THE GROUNDWORK FOR THEIR QUEST TOWARDS ACHIEVING FINANCIAL INDEPENDENCE THROUGH MEANINGFUL EMPLOYMENT AND THE PURSUIT OF A QUALITY LIFE.

    Expenses $4,094,979 · Revenue $7,879,877

As filed on the 2024 return.

Listed in Part VII

  • Joshua Hoffman

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Albert Ratner

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Bill Dingus

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Denise Reading

    CEO

    Total calculated
    $398,517
    From this org
    $393,184
    From related orgs
    $0
    Other
    $5,333
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,000
    Bonus
    $193,184
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $5,333
    Filer's total
    $398,517

  • Shari Demarco

    CHIEF OPERATIONS OFFICER

    Total calculated
    $128,110
    From this org
    $128,110
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Kristy Amy

    CHIEF OF PROGRAMS

    Total calculated
    $112,428
    From this org
    $112,428
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Brandon Beck

    IT DEVELOPER

    Total calculated
    $122,097
    From this org
    $122,097
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tracy Martin-Thompson

    CHIEF OF STAFF

    Total calculated
    $138,431
    From this org
    $138,431
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Janice Guhl

    VP OF PUBLIC RELATIONS

    Total calculated
    $113,692
    From this org
    $113,692
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 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

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART III
CEO DENISE READING RECEIVES AN INCENTIVE BONUS PER HER EMPLOYMENT AGREEMENT OF $50,000 FOR MEETING TARGETED OBJECTIVES APPROVED BY THE BOARD. SHE ALSO RECEIVES AN ADDITIONAL BONUS PER HER EMPLOYMENT AGREEMENT EQUAL TO 2% OF CASH RECEIPTS OF REVENUE OVER $4,000,000.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CHATFIELD HOLDING COMPANY LLC

    TO PROVIDE SUPPORT FOR AND SUPPORT THE MISSION OF FUTURE PLANS, INC. · OH · income $3,576,442 · assets $3,812,253

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202503219349318365

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