Totals
- Total revenue
- $1,846,314
- Total expenses
- $2,401,831
- Contributions and grants received
- $1,709,649
- Grants paid
- $0
- Program service revenue
- $69,894
- Investment income
- $24,627
- Other revenue
- $42,144
- Total assets, end of year
- $2,610,084
- Total liabilities, end of year
- $372,579
- Net assets or fund balances, end of year
- $2,237,505
- Program services expenses (Part IX)
- $1,908,952
- Management and general expenses
- $308,703
- Fundraising expenses
- $184,176
- Program service expenses (Part III)
- $1,908,952
Program services were 79.5% 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
$1,709,649
-
2a · Program service revenue: Event
total $61,957 · related or exempt $61,957
-
2b · Program service revenue: Membership dues
total $7,937 · related or exempt $7,937
-
3 · Investment income
total $24,627 · excluded $24,627
-
6a · Gross rents
real property $27,099
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $27,099
-
6d · Net rental income or loss
total $27,099 · excluded $27,099
-
11a · Other revenue: Other income
total $15,045 · excluded $15,045
-
11e · Other revenue, total
$15,045
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $222,138 · program services $184,763 · management and general $16,368 · fundraising $21,007
-
7 · Other salaries and wages
total $892,880 · program services $740,075 · management and general $65,562 · fundraising $87,243
-
8 · Pension plan contributions
total $23,741 · program services $14,788 · management and general $8,820 · fundraising $133
-
9 · Other employee benefits
total $125,109 · program services $75,819 · management and general $48,550 · fundraising $740
-
10 · Payroll taxes
total $81,988 · program services $67,020 · management and general $6,322 · fundraising $8,646
-
11b · Fees: legal
total $1,261 · fundraising $1,261
-
11c · Fees: accounting
total $38,545 · management and general $38,545
-
11g · Fees: other
total $319,175 · program services $298,706 · fundraising $20,469
-
12 · Advertising and promotion
total $40,665 · program services $38,057 · fundraising $2,608
-
13 · Office expenses
total $95,189 · program services $51,885 · management and general $28,941 · fundraising $14,363
-
14 · Information technology
total $14,399 · program services $13,476 · fundraising $923
-
16 · Occupancy
total $93,723 · program services $4,488 · management and general $86,843 · fundraising $2,392
-
17 · Travel
total $275,189 · program services $251,901 · management and general $3,208 · fundraising $20,080
-
19 · Conferences, conventions and meetings
total $160,537 · program services $157,256 · management and general $52 · fundraising $3,229
-
22 · Depreciation, depletion and amortization
total $2,734 · management and general $2,734
-
23 · Insurance
total $8,815 · program services $5,134 · management and general $2,758 · fundraising $923
-
24a · Other expenses: Miscellaneous
total $5,743 · program services $5,584 · fundraising $159
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,351,352 · end of year $746,056
-
2 · Savings and temporary cash investments
beginning of year $388,854 · end of year $389,242
-
3 · Pledges and grants receivable
end of year $14,399
-
9 · Prepaid expenses and deferred charges
beginning of year $11,449 · end of year $6,425
-
10a · Land, buildings and equipment: cost or other basis
$18,308
-
10b · Land, buildings and equipment: accumulated depreciation
$9,206
-
10c · Land, buildings and equipment, net
beginning of year $7,902 · end of year $9,102
-
11 · Investments: publicly traded securities
beginning of year $947,263 · end of year $1,128,762
-
15 · Other assets
beginning of year $9,699 · end of year $316,098
-
17 · Accounts payable and accrued expenses
beginning of year $78,258 · end of year $37,898
-
25 · Other liabilities
beginning of year $2,499 · end of year $334,681
-
27 · Net assets without donor restrictions
beginning of year $716,710 · end of year $318,453
-
28 · Net assets with donor restrictions
beginning of year $1,919,052 · end of year $1,919,052
Mission and programs · 2023
Mission
The mission of America's Future Foundation is to identify and develop young professional leaders for liberty by providing unique educational, networking, and professional development programs in Washington, DC and chapters throughout the country.
Activities or mission (Part I)
The mission of America's Future Foundation is to develop lifelong effective advocates for freedom.
-
Networking, educational, and professional development programs to identify and develop young professional leaders for liberty include seminars, roundtables, debates, gala, networking lunches, and the leading blog on professional development issues for the liberty movement. Chapters throughout the country host networking programs, guest speakers, panel discussions, and debates.
Expenses $1,176,560 · Revenue $69,894
-
Talent Market - Talent Market provides search and talent placement services free of charge to nonprofit organizations that share our mission. By promoting open positions, managing the initial search and providing guidance to nonprofits they help simplify the hiring process for hundreds of nonprofits around the country.
Expenses $732,392
As filed on the 2023 return.
Listed in Part VII
-
Richard Lorenc
Chairman
- Total calculated
- $0
- Hours/week
- 0.5
-
Romina Boccia
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Chaz Cirame
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Peter Lipsett
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Beverly Hallberg
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff Berkowitz
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Christine Czernejewski
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt Warner
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric Kohn
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Cindy Cerquitella
Executive Director
- Total calculated
- $162,911
- From this org
- $155,000
- From related orgs
- $0
- Other
- $7,911
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $7,911
- Filer's total
- $162,911
-
Claire Kittle Dixon
Exec Dir, Talent Market
- Total calculated
- $240,429
- From this org
- $215,000
- From related orgs
- $0
- Other
- $25,429
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,000
- Bonus
- $0
- Other
- $0
- Deferred
- $6,363
- Nontaxable benefits
- $19,066
- Filer's total
- $240,429
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 · 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
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
- 18 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432929349301393
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