Totals
- Total revenue
- $3,605,504
- Total expenses
- $3,247,645
- Contributions and grants received
- $2,968,957
- Grants paid
- $250,644
- Program service revenue
- $599,663
- Investment income
- $2,556
- Other revenue
- $34,328
- Total assets, end of year
- $5,876,975
- Total liabilities, end of year
- $2,335,863
- Net assets or fund balances, end of year
- $3,541,112
- Program services expenses (Part IX)
- $2,548,967
- Management and general expenses
- $432,144
- Fundraising expenses
- $266,534
- Program service expenses (Part III)
- $2,548,967
Program services were 78.5% 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.
-
1c · Fundraising events
$1,183,130
-
1e · Government grants (contributions)
$186,484
-
1f · All other contributions, gifts and grants
$1,599,343
-
2a · Program service revenue: PROGRAM SERVICE INCOME
total $599,663 · related or exempt $599,663
-
3 · Investment income
total $2,556 · excluded $2,556
-
8a · Fundraising events: gross income
$279,310
-
8a · Fundraising events: contributions included on line 1c
$1,183,130
-
8b · Fundraising events: direct expenses
$244,982
-
8c · Net income from fundraising events
total $34,328 · excluded $34,328
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $250,644 · program services $250,644
-
5 · Compensation of officers, directors and key employees
total $163,200 · program services $114,240 · management and general $32,640 · fundraising $16,320
-
7 · Other salaries and wages
total $1,775,371 · program services $1,444,391 · management and general $148,773 · fundraising $182,207
-
9 · Other employee benefits
total $172,211 · program services $134,919 · management and general $17,766 · fundraising $19,526
-
10 · Payroll taxes
total $173,057 · program services $135,319 · management and general $18,158 · fundraising $19,580
-
11c · Fees: accounting
total $25,000 · management and general $25,000
-
11g · Fees: other
total $235,485 · program services $132,173 · management and general $91,849 · fundraising $11,463
-
12 · Advertising and promotion
total $31,503 · program services $24,431 · management and general $3,421 · fundraising $3,651
-
13 · Office expenses
total $76,845 · program services $54,123 · management and general $13,626 · fundraising $9,096
-
16 · Occupancy
total $253,210 · program services $202,568 · management and general $50,642
-
22 · Depreciation, depletion and amortization
total $17,831 · program services $13,445 · management and general $2,122 · fundraising $2,264
-
23 · Insurance
total $20,378 · management and general $20,378
-
24a · Other expenses: RECRUT. & STAFF TRAIN.
total $22,321 · program services $18,206 · management and general $2,230 · fundraising $1,885
-
24b · Other expenses: PROGRAM EXPENSES
total $21,291 · program services $21,291
-
24c · Other expenses: REPAIRS AND MAINT.
total $5,031 · management and general $5,031
-
24d · Other expenses: EQUIPMENT RENTAL
total $4,267 · program services $3,217 · management and general $508 · fundraising $542
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,764,571 · end of year $603,337
-
2 · Savings and temporary cash investments
beginning of year $1,112,442 · end of year $2,784,198
-
3 · Pledges and grants receivable
beginning of year $264,990 · end of year $105,950
-
4 · Accounts receivable
beginning of year $46,190 · end of year $115,740
-
9 · Prepaid expenses and deferred charges
beginning of year $101,504 · end of year $94,820
-
10a · Land, buildings and equipment: cost or other basis
$215,403
-
10b · Land, buildings and equipment: accumulated depreciation
$85,438
-
10c · Land, buildings and equipment, net
beginning of year $10,189 · end of year $129,965
-
14 · Intangible assets
end of year $59,944
-
15 · Other assets
beginning of year $0 · end of year $1,983,021
-
17 · Accounts payable and accrued expenses
beginning of year $86,621 · end of year $207,874
-
19 · Deferred revenue
beginning of year $30,012 · end of year $41,914
-
25 · Other liabilities
beginning of year $0 · end of year $2,086,075
-
27 · Net assets without donor restrictions
beginning of year $2,638,031 · end of year $3,118,428
-
28 · Net assets with donor restrictions
beginning of year $545,222 · end of year $422,684
Mission and programs · 2022
Mission
FUTURES AND OPTIONS EMPOWERS NYC YOUTH, PARTICULARLY YOUTH OF COLOR AND STUDENTS FROM HISTORICALLY UNDERREPRESENTED COMMUNITIES, TO ACQUIRE TRANSFERRABLE PROFESSIONAL SKILLS, PURSUE HIGHER EDUCATION, AND SUCCESSFULLY COMPETE IN A GLOBAL ECONOMY. WE COLLABORATE WITH NYC EMPLOYERS TO PROVIDE TRANSFORMATIVE CAREER DEVELOPMENT OPPORTUNITIES TO YOUNG PEOPLE, ENABLING THEM TO SUCCEED IN COLLEGE AND INSPIRING THEM TO PURSUE MEANINGFUL CAREERS.
Activities or mission (Part I)
FUTURES AND OPTIONS EMPOWERS NYC YOUTH TO EXPLORE CAREER PATHWAYS AND ACQUIRE PROFESSIONAL SKILLS.
-
LAST YEAR, FUTURES AND OPTIONS SERVED 2638 STUDENTS ACROSS OUR MULTI-LAYERED PROGRAM ACTIVITIES. WE PLACED 290 NEW YORK CITY YOUTH IN PAID, MENTORED INTERNSHIPS WITH EMPLOYERS THROUGHOUT ALL FIVE BOROUGHTS. 963 YOUNG PEOPLE BENEFITTED FROM OUR CAREER READINESS WORKSHOPS AND CURRICULUM, INCLUDING 304 IN OUR CAREER ESSENTIALS PROGRAM. 51 STUDENTS LEVERAGED SKILLS AND PROFESSIONAL NETWORKING IN EXTERNSHIP EXPERIENCES WITH EMPLOYERS. 89 HIGH SCHOOL STUDENTS ATTENDED COLLEGE GUIDANCE INITIATIVE PROGRAMMING TO RECEIVE SUPPORT AND PREPARE FOR THE COLLEGE APPLICATION AND FINANCIAL PROCESS. 253 PROGRAM ALUMNI RECEIVED ALUMNI SUPPORT SERVICES, INCLUDING NETWORKING, MENTORSHIP, CAREER PANELS AND ONE-ON-ONE COACHING, BRIDGING THE GAP BETWEEN HIGH SCHOOL, COLLEGE AND CAREERS. LASTLY, 1054 YOUTH ATTENDED ONE OF OUR ON THE ROAD SESSIONS IN THE COMMUNITY, WHERE OUR STAFF DELIVERED INFORMATION SESSIONS, ATTENDED CAREER FAIRS, AND DELIVERED OUTREACH TO STUDENTS AND PROFESSIONALS.
Expenses $2,548,967 · Grants $250,644 · Revenue $599,663
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul ZemskyPAUL ZEMSKY
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa GrushkinLISA GRUSHKIN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen GoldsteinSTEPHEN GOLDSTEIN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Wray ThornWRAY THORN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Erin MurphyERIN MURPHY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Christopher M SnyderCHRISTOPHER M SNYDER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Benjamin SchragBENJAMIN SCHRAG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Colleen HsiaCOLLEEN HSIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel MaglioccoDANIEL MAGLIOCCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel PomboDANIEL POMBO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel TannebaumDANIEL TANNEBAUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dave MillerDAVE MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David JohnstonDAVID JOHNSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Efrem SigelEFREM SIGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hugh NelsonHUGH NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason ScheirJASON SCHEIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John ThompsonJOHN THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kris HansenKRIS HANSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matthew B SettleMATTHEW B SETTLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul TeskePAUL TESKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert RamirezROBERT RAMIREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Roopesh K ShahROOPESH K SHAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan SchneiderRYAN SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephen E HesslerSTEPHEN E HESSLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
W Greg ThonsenW GREG THONSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William IwaschukWILLIAM IWASCHUK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn SilverCAROLYN SILVER
EXECUTIVE DIRECTOR
- Total calculated
- $156,923
- From this org
- $156,923
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,923
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $156,923
-
Patricia S MachirPATRICIA S MACHIR
EXECUTIVE DIRECTOR (FORMER)
- Total calculated
- $100,000
- From this org
- $100,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $100,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $100,000
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
- 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
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
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441309349302764
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