Futures Incorporated FY2022 filing

Tax-deductible

West Hartford, CT501(c)(3)Since 1997Human ServicesEIN 06-1484116

Futures, incorporated was established to improve the quality of life of individuals with disabilities, as well as their families, through community based services.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$414K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $912K a year · 12% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$414K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.3M
-2% vs prior year
Spent
$6.9M
To programs
84%
Net assets
$5.8M
By yearFY2020–FY2024
Revenue
$7.3M
FY2022▼ -2%
Revenue by fiscal year
FY2020$6.6M
FY2021$7.5M
FY2022$7.3M
FY2023$8.3M
FY2024$8.5M
FY2024$0
Expenses
$6.9M
FY2022▲ +17%
Expenses by fiscal year
FY2020$5.9M
FY2021$5.8M
FY2022$6.9M
FY2023$7.4M
FY2024$7.7M
FY2024$0
Net assets
$5.8M
FY2022▲ +4%
Net assets by fiscal year
FY2020$3.7M
FY2021$5.6M
FY2022$5.8M
FY2023$6.8M
FY2024$8.0M
FY2024$8.0M

From the FY2022 Form 990 (year ending June 2022) · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1998.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $5.8M Management & general 16% · $1.1M Fundraising 0% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990; $414K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/Ce
$256,703Pt VII · Sec A
$127,441Pt VII · Sec A
President/Co
$29,483Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Pamela Donaroma’s $284K as President/Ce is at the 100th percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Pamela Donaroma$283,822$258,025$256,703$242,827$183,198
Damion Williams$123,937$127,128$127,441$101,391$85,380
Dr Orville Karan—$26,474$29,483$27,775$27,690

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Futures Incorporated executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves lives of individuals with disabilities and their families through community services.

Provided by the organization

This section is blank until Futures Incorporated claims this page.

Know this organization? Claim it to add your story

3 program services account for $5.8M of program spending, described in the organization's own filed words · FY2021.
01

Futures School

A special education school approved by the state department of education for students with special needs. The school serves students between the ages of 14 and 21.

$3.1Mprogram expense
02

Employment services for individuals with disabilities. Community inclusion service for individuals with brain injuries and intellectual disabilities.

$2.1Mprogram expense
03

Support Services

A blended school program for students who attend their district schools and work with futures' employees for a set number of hours per day or week. Services under this category include tutoring, mentoring, extended day activities, VOCATIONAL/EMPLOYMENT activities and 1:1 paraprofessional support within a student's district school.

$645Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$7.3M
Ln 12
Fees for servicesLn 2g$6.8M
Gifts and grantsLn 1h$520K
Investment incomeLn 3$28K
Money outPt IX
$6.9M
Ln 25
Programscol B$5.8M
Managementcol C$1.1M
Fundraisingcol D$6K
Owns and owesPt X
$5.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$7.7M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$520K
Government grantsLn 1e$216K
Noncash giftsLn 1g$172K
Fundraising eventsLn 1c$58K
Fees for servicesLn 2g$6.8M
Investment incomeLn 3$28K
Gains on assetsLn 7$12K
Total revenueLn 12$7.3M
Assets in detailPt X, end of year
CashLn 1$795K
SavingsLn 2$554K
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$1.2M
Land, buildings, equipmentLn 10c$3.6M
Other assetsLn 15$395K
Total assetsLn 16$7.7M
LiabilitiesLn 26$1.9M
Net assetsLn 32$5.8M
OperationsPt I, VI
EmployeesI 5217
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$2.6M$1.3M
InvestmentsLn 11–13$744K$1.2M
Land, buildings, equipmentLn 10c$3.0M$3.6M
Total assetsLn 16$7.6M$7.7M
LiabilitiesLn 26$2.0M$1.9M
Net assetsLn 32$5.6M$5.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$394K$394K
Other salaries and wagesLn 7$3.4M$3.2M$250K$5K
Pension plan contributionsLn 8$81K$68K$14K$114
Other employee benefitsLn 9$245K$204K$41K$346
Payroll taxesLn 10$311K$258K$52K$439
Investment management feesLn 11f$17K$17K
Other fees for servicesLn 11g$160K$100K$60K
Advertising and promotionLn 12$62K$62K
Office expensesLn 13$77K$70K$7K
Information technologyLn 14$139K$63K$76K
OccupancyLn 16$364K$335K$30K
Conferences, conventions and meetingsLn 19$29K$24K$5K
InterestLn 20$14K$6K$8K
Depreciation, depletion and amortizationLn 22$304K$278K$26K
InsuranceLn 23$77K$59K$18K
Other expenses (24a–d)Ln 24$824K$811K$13K
All other expensesLn 24e$319K$243K$76K
Total functional expensesLn 25$6.9M$5.8M$1.1M$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $8.5M$7.7M$893K$8.0M 990 PDF
FY2023 $8.3M$7.4M$913K$6.8M 990 PDF
FY2022 Viewing $7.3M$6.9M$470K$5.8M 990 PDF
FY2021 $7.5M$5.8M$1.6M$5.6M 990 PDF
FY2020 $6.6M$5.9M$659K$3.7M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $7,322,742 across 9 lines filed
Lines not itemized here account for $51,505 of total revenue; see the IRS return.
VIII-1c Fundraising events$57,998
VIII-1e Government grants$216,282
VIII-1f All other contributions, gifts and grants$245,392
VIII-1g Noncash contributions (included above)$171,993
VIII-1h Total contributions, gifts and grants$519,672
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,723,998$6,723,998
VIII-3 Investment incomeExcluded from tax $15,671$15,671
VIII-7 Net gain or loss on sales of assetsExcluded from tax $11,896$11,896
VIII-12 Total revenueRelated to mission $6,775,503 · Excluded from tax $27,567$7,322,742
Part IX · Statement of functional expenses $6,853,152 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $393,572$393,572
IX-7 Other salaries and wagesPrograms $3,180,648 · Management $249,867 · Fundraising $5,399$3,435,914
IX-8 Pension plan contributionsPrograms $67,558 · Management $13,667 · Fundraising $114$81,339
IX-9 Other employee benefitsPrograms $203,583 · Management $41,185 · Fundraising $346$245,114
IX-10 Payroll taxesPrograms $258,482 · Management $52,290 · Fundraising $439$311,211
IX-11f Investment management feesManagement $16,704$16,704
IX-11g Other fees for servicesPrograms $100,274 · Management $59,669$159,943
IX-12 Advertising and promotionPrograms $61,801$61,801
IX-13 Office expensesPrograms $69,840 · Management $7,026$76,866
IX-14 Information technologyPrograms $63,441 · Management $75,988$139,429
IX-16 OccupancyPrograms $334,745 · Management $29,532$364,277
IX-19 Conferences, conventions and meetingsPrograms $23,539 · Management $5,465$29,004
IX-20 InterestPrograms $5,695 · Management $8,049$13,744
IX-22 Depreciation, depletion and amortizationPrograms $278,058 · Management $25,822$303,880
IX-23 InsurancePrograms $58,566 · Management $18,423$76,989
IX-24 Other expenses (24a–d)Programs $811,196 · Management $13,187$824,383
IX-24e All other expensesPrograms $242,603 · Management $76,379$318,982
IX-25 Total functional expensesPrograms $5,760,029 · Management $1,086,825 · Fundraising $6,298$6,853,152
Part X · Balance sheet $7,664,951 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $955,757$795,172
X-2 Savings and temporary cash investmentsStart of year $1,616,560$554,362
X-4 Accounts receivableStart of year $357,026$764,125
X-8 Inventories for sale or useStart of year $213,457$205,765
X-9 Prepaid expenses and deferred chargesStart of year $166,263$204,372
X-10c Land, buildings and equipment, netStart of year $3,039,046$3,551,840
X-11 Publicly traded securitiesStart of year $744,019$1,193,862
X-15 Other assetsStart of year $480,150$395,453
X-16 Total assetsStart of year $7,572,278$7,664,951
X-17 Accounts payable and accrued expensesStart of year $576,900$443,037
X-25 Other liabilitiesStart of year $745,870$794,966
X-26 Total liabilitiesStart of year $2,016,398$1,879,551
X-27 Net assets without donor restrictionsStart of year $5,533,880$5,726,703
X-28 Net assets with donor restrictionsStart of year $22,000$58,697
X-32 Total net assets or fund balancesStart of year $5,555,880$5,785,400
X-33 Total liabilities and net assetsStart of year $7,572,278$7,664,951
Part XI · Reconciliation of net assets $5,785,400 net assets at year end
XI-1 Total revenue$7,322,742
XI-2 Total expenses$6,853,152
XI-3 Revenue less expenses$469,590
XI-4 Net assets at start of year$5,555,880
XI-5 Net unrealized gains (losses) on investments−$240,070
XI-10 Net assets at end of year$5,785,400

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.