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← RAISE THE FUTURE

Form 990 for tax year 2023

Filed by RAISE THE FUTURE.

Totals

Total revenue
$10,653,805
Total expenses
$10,746,001
Contributions and grants received
$10,435,338
Grants paid
$0
Program service revenue
$100,174
Investment income
$71,694
Other revenue
$46,599
Total assets, end of year
$6,723,804
Total liabilities, end of year
$2,995,254
Net assets or fund balances, end of year
$3,728,550
Program services expenses (Part IX)
$8,397,848
Management and general expenses
$1,368,064
Fundraising expenses
$980,089
Program service expenses (Part III)
$8,397,848

Program services were 78.1% 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

    $442,050

  • 1e · Government grants (contributions)

    $5,787,024

  • 1f · All other contributions, gifts and grants

    $4,206,264

  • 1g · Noncash contributions included above

    $99,442

  • 2a · Program service revenue: MEMBERSHIP REVENUE

    total $56,995 · related or exempt $56,995

  • 2b · Program service revenue: TRAINING REGISTRATION

    total $43,179 · related or exempt $43,179

  • 3 · Investment income

    total $63,829 · excluded $63,829

  • 7a · Gross sales of assets other than inventory

    securities $25,381

  • 7b · Less cost or other basis and sales expenses

    securities $17,516

  • 7c · Gain or loss

    securities $7,865

  • 7d · Net gain or loss

    total $7,865 · excluded $7,865

  • 8a · Fundraising events: gross income

    $159,982

  • 8a · Fundraising events: contributions included on line 1c

    $442,050

  • 8b · Fundraising events: direct expenses

    $133,029

  • 8c · Net income from fundraising events

    total $26,953 · excluded $26,953

  • 11a · Other revenue: OTHER INCOME

    total $19,646 · excluded $19,646

  • 11e · Other revenue, total

    $19,646

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $377,929 · program services $94,491 · management and general $199,447 · fundraising $83,991

  • 7 · Other salaries and wages

    total $6,562,058 · program services $5,385,984 · management and general $672,120 · fundraising $503,954

  • 8 · Pension plan contributions

    total $93,089 · program services $74,687 · management and general $13,220 · fundraising $5,182

  • 9 · Other employee benefits

    total $682,003 · program services $581,870 · management and general $41,615 · fundraising $58,518

  • 10 · Payroll taxes

    total $616,137 · program services $480,899 · management and general $87,874 · fundraising $47,364

  • 11c · Fees: accounting

    total $107,432 · program services $62,291 · management and general $39,547 · fundraising $5,594

  • 11g · Fees: other

    total $225,677 · program services $13,990 · management and general $146,234 · fundraising $65,453

  • 12 · Advertising and promotion

    total $88,511 · program services $70,838 · management and general $6,007 · fundraising $11,666

  • 13 · Office expenses

    total $212,642 · program services $146,676 · management and general $60,060 · fundraising $5,906

  • 14 · Information technology

    total $240,767 · program services $157,281 · management and general $34,469 · fundraising $49,017

  • 16 · Occupancy

    total $544,469 · program services $479,718 · management and general $42,762 · fundraising $21,989

  • 17 · Travel

    total $435,273 · program services $413,317 · management and general $9,870 · fundraising $12,086

  • 19 · Conferences, conventions and meetings

    total $37,754 · program services $26,042 · management and general $10,663 · fundraising $1,049

  • 22 · Depreciation, depletion and amortization

    total $32,462 · program services $28,120 · management and general $2,192 · fundraising $2,150

  • 23 · Insurance

    total $1,983 · management and general $1,983

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $381,437 · program services $381,437

  • 24e · All other expenses

    total $106,378 · program services $207 · management and general $1 · fundraising $106,170

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $900,105 · end of year $651,103

  • 2 · Savings and temporary cash investments

    beginning of year $1,335,758 · end of year $1,382,555

  • 3 · Pledges and grants receivable

    beginning of year $1,588,158 · end of year $1,820,603

  • 9 · Prepaid expenses and deferred charges

    beginning of year $76,930 · end of year $117,877

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

    $465,688

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

    $365,493

  • 10c · Land, buildings and equipment, net

    beginning of year $132,657 · end of year $100,195

  • 11 · Investments: publicly traded securities

    beginning of year $492,979 · end of year $552,123

  • 15 · Other assets

    beginning of year $1,175,426 · end of year $2,099,348

  • 17 · Accounts payable and accrued expenses

    beginning of year $693,254 · end of year $786,798

  • 19 · Deferred revenue

    beginning of year $111,827 · end of year $169,235

  • 25 · Other liabilities

    beginning of year $1,098,395 · end of year $2,039,221

  • 27 · Net assets without donor restrictions

    beginning of year $2,531,088 · end of year $2,439,970

  • 28 · Net assets with donor restrictions

    beginning of year $1,267,449 · end of year $1,288,580

Mission and programs · 2023

Mission

EVERY YOUNG PERSON IS CONNECTED TO AT LEAST ONE STRONG, STABLE, AND CARING ADULT WHO MEETS THEIR UNIQUE NEEDS.

Activities or mission (Part I)

WE BELIEVE EVERY CHILD DESERVES TO GO THROUGH LIFE KNOWING THEY HAVE A CARING ADULT BY THEIR SIDE.

  • MEDIA-BASED RECRUITMENT SERVICES:RAISE THE FUTURE EMPLOYS CHILD-CENTRIC RECRUITMENT METHODS TO IDENTIFY AND CONNECT POTENTIAL ADOPTIVE FAMILIES WITH WAITING CHILDREN. KEY ACTIVITIES INCLUDE HOSTING ADOPTION NETWORKING EVENTS, PARTNERING WITH LOCAL NEWS STATIONS TO BROADCAST WEDNESDAY'S CHILD PROFILES, AND FEATURING CHILDREN IN THE CHILDREN'S GALLERY ON THE ORGANIZATION'S WEBSITE. MONTHLY ADOPTION ORIENTATION AND INFORMATION CLASSES, AS WELL AS PRINT AND ELECTRONIC MEDIA CAMPAIGNS, HELP RAISE AWARENESS AND SUPPORT FOR THE ADOPTION OF WAITING CHILDREN. THE ORGANIZATION ALSO ASSISTS PROSPECTIVE ADOPTIVE FAMILIES NATIONWIDE BY PROVIDING GUIDANCE ON THE ADOPTION PROCESS, CONNECTING THEM WITH LOCAL HUMAN SERVICES AND CHILD PLACEMENT AGENCIES, AND RESPONDING TO INQUIRIES ABOUT SPECIFIC CHILDREN.A STANDOUT FEATURE OF RAISE THE FUTURE'S RECRUITMENT EFFORTS IS THE HEART GALLERY, A PHOTOGRAPHIC EXHIBIT THAT SHOWCASES THE PERSONALITIES AND STORIES OF WAITING CHILDREN IN COLORADO, MISSOURI, NEVADA, AND UTAH. BY BRINGING THESE CHILDREN'S IMAGES TO LIFE, THE HEART GALLERY HELPS THEM FIND LOVING, PERMANENT FAMILIES. ADDITIONALLY, SMALL MATCHING EVENTS PROVIDE OPPORTUNITIES FOR PROSPECTIVE FAMILIES AND CHILDREN TO CONNECT IN FUN, FACILITATED SETTINGS. DURING THE FISCAL YEAR ENDING JUNE 30, 2024, RAISE THE FUTURE FACILITATED 1,731 YOUTH INQUIRIES AND PROVIDED 4,311 HOURS OF PHONE SUPPORT TO CAREGIVERS, YOUTH, AND ADVOCATES SEEKING ASSISTANCE AND INFORMATION.

    Expenses $543,615 · Revenue $56,995

  • INTENSIVE RECRUITMENT SERVICES:RAISE THE FUTURE'S INTENSIVE RECRUITMENT PROGRAM BUILDS POSITIVE, HEALTHY RELATIONSHIPS WITH YOUTH, EMPOWERING THEM AND ENHANCING THEIR ABILITY TO CONNECT WITH POTENTIAL FAMILIES. USING AN EVIDENCE-BASED MODEL PROVEN TO INCREASE THE LIKELIHOOD OF FINDING PERMANENT FAMILIES BY UP TO THREE TIMES, THE PROGRAM ALSO GENERATES SIGNIFICANT COST SAVINGS BY REDUCING RELIANCE ON CONGREGATE AND FOSTER CARE.RECRUITERS MAINTAIN CASELOADS OF 12 TO 15 YOUTH, FOCUSING ON THE OLDEST, LONGEST-WAITING, HARDEST-TO-PLACE, AND MOST VULNERABLE INDIVIDUALS AT RISK OF AGING OUT OF THE FOSTER CARE SYSTEM. THIS PERSONALIZED, STRENGTHS-BASED APPROACH LED TO 173 YOUTH BEING MATCHED WITH PERMANENT FAMILIES DURING THE PAST YEAR.

    Expenses $3,793,203

  • FAMILY PREPARATION AND SUPPORT:RAISE THE FUTURE PROVIDES ONGOING, HANDS-ON SUPPORT TO FAMILIES THROUGHOUT THEIR ADOPTION JOURNEY, STARTING BEFORE THE ADOPTION PROCESS BEGINS. THE FAMILY SUPPORT PROGRAM OFFERS EDUCATION, COACHING, AND TAILORED SERVICES TO HELP FAMILIES NAVIGATE THE UNIQUE CHALLENGES OF ADOPTION. BY FOSTERING STRONG RELATIONSHIPS EARLY ON, RAISE THE FUTURE PROMOTES FAMILY COMMITMENT AND MINIMIZES THE RISK OF ADOPTION DISRUPTIONS.CLASSES AND TRAINING OPPORTUNITIES FOCUS ON EQUIPPING PARENTS WITH THE TOOLS AND KNOWLEDGE TO ADDRESS THE IMPACTS OF TRAUMA, ABUSE, AND NEGLECT, HELPING CHILDREN DEVELOP SECURE ATTACHMENTS AND THRIVE AS HEALTHY, SUCCESSFUL ADULTS. IN THE FISCAL YEAR ENDING JUNE 30, 2024, 1,890 CAREGIVERS AND PROFESSIONALS COMPLETED OVER 1,385 HOURS OF TRAUMA-INFORMED TRAINING AND SUPPORT SERVICES. ADDITIONAL RESOURCES, INCLUDING ARTICLES AND VIDEOS, ARE REGULARLY SHARED WITH ADOPTIVE FAMILIES VIA BI-MONTHLY E-NEWSLETTERS TO PROVIDE ONGOING GUIDANCE AND ENCOURAGEMENT.

    Expenses $3,540,585 · Revenue $43,179

  • NATIONAL PARTNERSHIPS AND TECHNICAL ASSISTANCE:RAISE THE FUTURE PARTNERS WITH THE NATIONAL CENTER FOR DILIGENT RECRUITMENT AND THE NATIONAL CENTER FOR ENHANCED POST ADOPTION TO STRENGTHEN ADOPTION SYSTEMS NATIONWIDE. BY PROVIDING FREE, CUSTOMIZED TECHNICAL ASSISTANCE, WEBINARS, RESOURCES, AND OPPORTUNITIES FOR PEER CONNECTIONS, THE ORGANIZATION SUPPORTS STATES, TRIBES, AND TERRITORIES IN BUILDING THEIR CAPACITY TO RECRUIT ADOPTIVE FAMILIES AND ENHANCE POST-ADOPTION SERVICES. THROUGH THESE PARTNERSHIPS, RAISE THE FUTURE CONTRIBUTES TO SYSTEMIC IMPROVEMENTS THAT BENEFIT CHILDREN AND FAMILIES ACROSS THE COUNTRY.

    Expenses $520,445

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • BRIAN KNUDSEN

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • MARC HENDRIKSON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • REBECCA SLATTERY

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • ELLEN BOADE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NICETA BRADBURN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN COMERFORD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TAUNIA HOTTMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAMIE MOYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANDRE WADE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN MCPHIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID SEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAY SUDOWSKI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVE ZINGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANN AYERS

    CEO

    Total calculated
    $210,749
    From this org
    $204,781
    From related orgs
    $0
    Other
    $5,968
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,781
    Bonus
    $0
    Other
    $0
    Deferred
    $2,705
    Nontaxable benefits
    $3,263
    Filer's total
    $210,749

  • KAREN DEGROOT

    CFO (THRU SEPT 2024)

    Total calculated
    $160,106
    From this org
    $148,271
    From related orgs
    $0
    Other
    $11,835
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,271
    Bonus
    $0
    Other
    $0
    Deferred
    $2,221
    Nontaxable benefits
    $9,614
    Filer's total
    $160,106

  • JESSICA ROE

    VP PROGRAMS

    Total calculated
    $118,649
    From this org
    $104,054
    From related orgs
    $0
    Other
    $14,595
    Hours/week
    40

  • MARY HURT

    VP FEDERAL PROGRAMS

    Total calculated
    $127,801
    From this org
    $105,393
    From related orgs
    $0
    Other
    $22,408
    Hours/week
    40

  • JULIE GEORGE

    DIR. OF GOV AFFAIRS

    Total calculated
    $121,933
    From this org
    $107,088
    From related orgs
    $0
    Other
    $14,845
    Hours/week
    40

  • LUCINDA CONNELLY

    VP PROGRAMS

    Total calculated
    $128,432
    From this org
    $119,743
    From related orgs
    $0
    Other
    $8,689
    Hours/week
    40

  • KATHY SEARLE

    DIR. OF PROGRAMS

    Total calculated
    $113,480
    From this org
    $105,195
    From related orgs
    $0
    Other
    $8,285
    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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

The filer's explanations (Part III)

PART I, LINE 3
CEO COMPENSATION IS ESTABLISHED ANNUALLY BY THE BOARD OF DIRECTORS BASED ON CONSIDERATIONS INCLUDING MERIT, COMPARISON TO DATA COMPILED FROM NON-PROFITS OF SIMILAR SIZE AND COMPLEXITY, REVIEW BY OUTSIDE CONSULTANT, AND CONSTRAINTS OF THE ANNUAL OPERATING BUDGET FOR THE NEXT YEAR.

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
2023
Filed
20 December 2024
IRS schema version
2023v5.1
Source object
202403589349300625

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