Future Ties INC Nfp

EIN 27-5469921 Public charity (501(c)(3)) Chicago, IL

Form 990 (PDF) Compare with another nonprofit →

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Size

$100K–1M

What they do

Empowers at-risk youth with mentoring, tutoring, and enrichment for higher education and success.

Leadership

Stanton Robinson · Chairman & Treasurer

Money in and out

$363K revenue, $413K expenses

Bottom line

84% program efficiency

Empowers at-risk youth with mentoring, tutoring, and enrichment for higher education and success. For fiscal year 2024 it reported $363K in revenue, $413K in expenses, and $1.2M in net assets.Pt I

Where the money goes · FY2024

Total revenue

$363K

Pt VIII · Ln 12

Total expenses

$413K

Pt IX · Ln 25

Net assets

$1.2M

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): −$50K

Where spending went · Part IX cols B–D

84%

16%

Program services $0.84 Management & general $0.16

Program efficiency

84%

of spending reaches programs▲ +12% vs prior filing year

Operating runway

11.9mo

months of highly liquid reserves at operating expense rate▲ +2% vs prior filing year

Surplus margin

-14%

revenue over expenses, this year▲ +77% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990

Revenue

$363K

FY2024▲ +27%

Expenses

$413K

FY2024▼ -9%

Total assets

$1.3M

FY2024▼ -4%

Total liabilities

$56K

FY2024▼ -6%

Total revenue

$363K

Pt VIII · Ln 12

Total expenses

$413K

Pt IX · Ln 25

Net assets

$1.2M

Pt X · Ln 32

Revenue less expensesPt I · Ln 19−$50K

Total assetsPt X · Ln 16$1.3M

Program-expense ratioPt IX · col B84%

Voting members of governing bodyPt I · Ln 34

Independent voting membersPt I · Ln 44

Mission & Programs · Part III

Where the work happens

1 program service account for $348K of program spending, described in the organization's own filed words · FY2024.

Provision for mentoring, tutoring, and enrichment programs provided for low income at-risk youth. The afterschool program was developed to assist K-5TH grade students with homework through tutoring and mentoring. The program also provides snacks, recreational activities and social-emotional learning (sel) workshops.

$348Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CFuture Ties INC Nfp

EINHdr · item D27-5469921

Principal addressHdr · item CChicago, IL

WebsiteHdr · item Jfutureties.org

Year of formationHdr · item Lpending

State of legal domicileHdr · item MIL

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFYouth Development (O50)

Ruling yearIRS BMFJul 2011

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1a4

Independent voting membersPt VI · Ln 1b4

Conflict-of-interest policyPt VI · Ln 12aYes

Whistleblower policyPt VI · Ln 13Yes

Document retention policyPt VI · Ln 14No

CEO/top-official compensation independently reviewedPt VI · Ln 15aNo

Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Stanton Robinson

Chairman & Treasurer

$0Pt VII · Sec A

Edward Morris

Recording Secretary

$0Pt VII · Sec A

Ryan Priester

Program Fundraising Member

$0Pt VII · Sec A

Jennifer Maddox

Executive Director

$0Pt VII · Sec A

Idonna Jackson

Outreach Worker

$0Pt VII · Sec A

Idonna Jackson’s $24K as Outreach Worker is at the 18th percentile of top reported officer pay among 1985 $100K–1M youth development 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 · 8 named individuals · Part VII

Name	FY2022	FY2021	FY2020
Idonna Jackson	$24,030	—	$4,771
Shaquita Wells	—	—	$22,775
Tenesha Payne	—	$22,120	$14,274
Tiffany Welch	—	—	$18,764
Maddox Jennifer	—	$14,000	—
Lavern Short	—	—	$13,990
Cynthia Ashley	—	—	$5,535
Alice Randle	—	—	$208

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.

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Statement of Revenue

Part VIII

Contributions & grants100%$363K

Total revenueLn 12$363K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

84%

16%

Program services $0.84 Management & general $0.16

Program services84%$348K

Management & general16%$65K

Total functional expensesLn 25$413K

Balance Sheet

Part X · end of year

CashLn 1$408K

Total assetsLn 16$1.3M

Total liabilitiesLn 26$56K

Total net assetsLn 32$1.2M

Months of cash on handcomputed11.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves $408K · Operating expenses/yr $413K

11.9 months

Where the money goes

Program services

Program services $348K · Total expenses $413K

84%

Management & General

Management & general $65K · Total expenses $413K

16%

Fundraising

Fundraising $0 · Total expenses $413K

Cost to raise $1

Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $365K

$0.02 to raise $1 (3-yr avg)

Where the money comes from

Contribution dependence

Contributions & grants $363K · Total revenue $363K

100%

Government reliance

Government grants — · Total revenue $363K

—

Earned-income share

Program service revenue $0 · Total revenue $363K

Investment reliance

Investment income $0 · Total revenue $363K

Program self-sufficiency

Program service revenue $0 · Total expenses $413K

Growth & trend

Revenue growth (YoY)

This year $363K · Prior year $286K

+27%

Revenue CAGR

FY2020 $266K · FY2024 $363K

+8%

Net-asset trend (YoY)

End of year $1.2M · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $363K · Expenses $413K

-14%

Liabilities-to-Assets

Total liabilities — · Total assets $1.3M

—

Net-asset ratio

Net assets $1.2M · Total assets $1.3M

96%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual Stanton Robinson · Reported title CHAIRMAN & TREASURER · Highest reported compensation $0 · Total expenses $413K

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) $170K · Total expenses $413K

41%

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Program ratio	84%	—	—
Overhead ratio	16%	—	—
Fundraising cost ratio	0%	—	—
Revenue growth	27%	—	—
Accounting fee ratio	3%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record

Grants received · FY2024

Bernard W Abrams Family Foundation INCFY2024$1K

Total grants receivedfrom 1 funder$1K

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2024 (Latest)$363K revenue · viewing · ⤓ 990 PDF

FY2023$286K revenue · ⤓ 990 PDF

FY2022$446K revenue · ⤓ 990 PDF

FY2021$1.4M revenue · ⤓ 990 PDF

FY2020$266K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2024IRS

Classification, formation year, addressIRS Business Master File

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