Future Forward INC FY2023 filing

Madison, WIUnknown exempt organizationSince 2023 EIN 32-0690742Revenue $991K in FY2023

On file with the IRSfutureforwardliteracy.org110 E Main St 1000 · Madison, WI

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Future forward's mission is to help young children develop the skills they need to become confident, successful, joyful readers by providing individualized tutoring combined with expansive family engagement. Our vision is to be known as the leading provider to quickly and expertly help young children of all backgrounds, particularly children from low-income households, have the academic tools necessary to be successful, skilled learners.

97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $35K a year · 2% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $748K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$548K
141% of total assets
Concern: liabilities are 141% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$991K
Spent
$1.1M
To programs
97%
Net assets
−$160K
By yearFY2023–FY2025
Revenue
$991K
FY2023
Tap a bar for its year
Revenue by fiscal year
FY2023$991K
FY2024$2.6M
FY2025$1.7M
Expenses
$1.1M
FY2023
Tap a bar for its year
Expenses by fiscal year
FY2023$1.1M
FY2024$2.5M
FY2025$1.8M
Net assets
−$160K
FY2023
Tap a bar for its year
Net assets by fiscal year
FY2023−$160K
FY2024$28K
FY2025$0

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $1.1M Management & general 3% · $34K

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

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
VP and Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024
Kaitlyn Bauer-Jones—$128,807
Kaitlyn Bauer-Jones End 625$76,496—

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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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps young children build skills for confident, joyful reading.

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Provided by the organization

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1 program · $1.1M · in their own filed words · FY2023
01

Future forward is a literacy and family program designed to help young children develop the skills they need to become confident, successful, joyful readers by providing individualized tutoring combined with expansive family engagement.

$1.1Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$748K
See all 3 funders →
Grants paid · 4 grants · $276K · 2025–2025
Monmouth Roseville School DistrictFY2025$134,722
Black Hills Special Services CooperativeFY2025$35,210

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$991K
Ln 12
Fees for servicesLn 2g$990K
Investment incomeLn 3$336
Other incomeLn 4–11$272
Money outPt IX
$1.1M
Ln 25
Programscol B$1.1M
Managementcol C$34K
Owns and owesPt X
−$160K
net assets · Ln 32
Cash and savingsLn 1–2$201K
Total assetsLn 16$389K
LiabilitiesLn 26$548K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$990K
Investment incomeLn 3$336
Other incomeLn 4–11$272
Total revenueLn 12$991K
Assets in detailPt X, end of year
SavingsLn 2$201K
Cash and savings togetherLn 1–2$201K
Total assetsLn 16$389K
LiabilitiesLn 26$548K
Net assetsLn 32−$160K
OperationsPt I, VI
EmployeesI 584
VolunteersI 62
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$201K
Total assetsLn 16$0$389K
LiabilitiesLn 26$0$548K
Net assetsLn 32$0−$160K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$798K$798K
Other employee benefitsLn 9$138K$137K$772
Legal feesLn 11b$20K$16K$4K
Other fees for servicesLn 11g$14K$14K
Office expensesLn 13$61K$48K$13K
Information technologyLn 14$24K$21K$3K
OccupancyLn 16$8K$8K
TravelLn 17$12K$9K$3K
Conferences, conventions and meetingsLn 19$295$232$63
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$9K$7K$2K
Other expenses (24a–d)Ln 24$36K$28K$8K
All other expensesLn 24e$116$91$25
Total functional expensesLn 25$1.1M$1.1M$34K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.7M$1.8M−$159K$0 990 PDF
FY2024 $2.6M$2.5M$188K$28K 990 PDF
FY2023 Viewing $991K$1.1M−$132K−$160K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $990,790 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$990,182
I-10 Investment income$336
I-11 Other revenue$272
I-12 Total revenue$990,790
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$935,817
I-16a Professional fundraising fees$0
I-17 Other expenses$187,109
I-18 Total expenses$1,122,926
I-19 Revenue less expenses−$132,136
Part VI · Governance 0 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $990,790 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $990,182$990,182
VIII-3 Investment incomeExcluded from tax $336$336
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $272$272
VIII-12 Total revenueRelated to mission $990,454 · Unrelated business $0 · Excluded from tax $336$990,790
Part IX · Statement of functional expenses $1,122,926 across 13 lines filed
IX-7 Other salaries and wagesPrograms $797,724$797,724
IX-9 Other employee benefitsPrograms $137,321 · Management $772$138,093
IX-11b Legal feesPrograms $16,101 · Management $4,389$20,490
IX-11g Other fees for servicesPrograms $13,908$13,908
IX-13 Office expensesPrograms $48,176 · Management $13,131$61,307
IX-14 Information technologyPrograms $20,915 · Management $3,276$24,191
IX-16 OccupancyPrograms $7,777$7,777
IX-17 TravelPrograms $9,134 · Management $2,939$12,073
IX-19 Conferences, conventions and meetingsPrograms $232 · Management $63$295
IX-22 Depreciation, depletion and amortizationPrograms $1,728$1,728
IX-23 InsurancePrograms $7,199 · Management $1,962$9,161
IX-24 Other expenses (24a–d)Programs $28,337 · Management $7,726$36,063
IX-24e All other expensesPrograms $91 · Management $25$116
IX-25 Total functional expensesPrograms $1,088,643 · Management $34,283 · Fundraising $0$1,122,926
Part X · Balance sheet $388,553 assets, 9 lines filed
X-2 Savings and temporary cash investments$201,033
X-4 Accounts receivable$187,520
X-16 Total assetsStart of year $0$388,553
X-17 Accounts payable and accrued expenses$364,109
X-19 Deferred revenue$184,100
X-26 Total liabilitiesStart of year $0$548,209
X-27 Net assets without donor restrictionsStart of year $0−$159,656
X-32 Total net assets or fund balancesStart of year $0−$159,656
X-33 Total liabilities and net assetsStart of year $0$388,553
Part XI · Reconciliation of net assets −$159,656 net assets at year end
XI-1 Total revenue$990,790
XI-2 Total expenses$1,122,926
XI-3 Revenue less expenses−$132,136
XI-9 Other changes in net assets−$27,520
XI-10 Net assets at end of year−$159,656

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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