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Future Problem Solving Program International INC FY2021 filing

Tax-deductible

Indialantic, FL501(c)(3) EIN 42-1234706Revenue $667K in FY2021

On file with the IRSfpspi.org225 5th Ave Ste 1, 32903-3163 · Indialantic, FLTax-exempt since Feb 1993Publicly supported — 509(a)(2)

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Future Problem Solving Program International (fpspi) equips today's young people with the vision and skills needed to anticipate, understand, and solve the problems of today and tomorrow. The goals of the Program are rooted in the use of critical and creative thinking within curriculum and instruction. Fpspi is an outgrowth of dr. E. Paul torrance's work in 1974 when he created Future Problem Solving to teach students the creative Problem Solving process and to instill in them a positive view of the Future. Torrance combined the six-step creative Problem Solving process developed by alex osborn and sydney parnes with some potential issues of the Future. Fpspi consists of four competitive components based on the creative Problem Solving process. The original competition from 1974 was renamed global issues Problem Solving (2009) and addresses five topics of global significance each year. Scenario writing (1976) involves creative writing in which students project issues of today twenty to

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2021 · 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
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
4 of 5
filings with a surplus
Average surplus $43K a year · 4% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Looks good: 14.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $22K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$108K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$667K
Spent
$567K
To programs
90%
Net assets
$801K
By yearFY2021–FY2025
Revenue
$667K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$667K
FY2022$877K
FY2023$1.2M
FY2024$1.4M
FY2025$1.6M
Expenses
$567K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$567K
FY2022$903K
FY2023$1.2M
FY2024$1.4M
FY2025$1.5M
Net assets
$801K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$801K
FY2022$775K
FY2023$780K
FY2024$820K
FY2025$919K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 ruling in Feb 1993.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $508K Management & general 10% · $59K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Matt Boyas
President
$0Pt VII · Sec A
Robyn Duda
Trustee
$0Pt VII · Sec A
Argen Hicks
Vice Preside
$0Pt VII · Sec A
Erwin Hosono
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
April Michele$110,976$105,550$97,126$89,248

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 15aYes

Programs and updates

Teaches young people creative problem-solving skills for future challenges.

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Provided by the organization

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3 programs · $508K · in their own filed words · FY2020
01

Fpspi provides development and evaluation to serve the educational needs of students, programs, and ongoing evaluations to students to improve future problem solving abilities. Fpspi enhances skills stated as essential for students in the 21ST century and provides authentic evaluation to students using rubric based assessments. DR.

$357Kprogram expense
02

Annually, the FPS international conference hosts approximately 2200 participants who have earned the right as champions in the affiliate programs to gather with other competitors to compete for international championship status.

$150Kprogram expense
03

The center for creative learning is built on more than five decades of research, development, and field experience worldwide. A wide variety of offerings include high-quality web-based and print resources, e-learning opportunities, workshops, and consulting services on creativity and creative problem solving (CPS).

$803program 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
Fidelity Investments Charitable Gift FundFY2024$10K
American Online Giving Foundation INCFY2024$7K
Network for Good INCFY2024$5K
Total grants receivedfrom 3 funders$22K
See all 3 funders →
Grants paid · 2 grants · $13K · 2023–2024
Unitemized GrantFY2024$8,003
Unitemized GrantFY2023$5,250

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$667K
Ln 12
Fees for servicesLn 2g$368K
Other incomeLn 4–11$198K
Gifts and grantsLn 1h$101K
Money outPt IX
$567K
Ln 25
Programscol B$508K
Managementcol C$59K
Owns and owesPt X
$801K
net assets · Ln 32
Cash and savingsLn 1–2$669K
Total assetsLn 16$909K
LiabilitiesLn 26$108K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$101K
Government grantsLn 1e$10K
Fees for servicesLn 2g$368K
Investment incomeLn 3$424
Other incomeLn 4–11$198K
Total revenueLn 12$667K
Assets in detailPt X, end of year
CashLn 1$141K
SavingsLn 2$528K
Cash and savings togetherLn 1–2$669K
Land, buildings, equipmentLn 10c$5K
Total assetsLn 16$909K
LiabilitiesLn 26$108K
Net assetsLn 32$801K
OperationsPt I, VI
EmployeesI 59
VolunteersI 6165
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 FY21End FY21
Cash and savingsLn 1–2$389K$669K
Land, buildings, equipmentLn 10c$11K$5K
Total assetsLn 16$795K$909K
LiabilitiesLn 26$94K$108K
Net assetsLn 32$701K$801K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K$4K
Other salaries and wagesLn 7$309K$273K$37K
Pension plan contributionsLn 8$15K$14K$2K
Other employee benefitsLn 9$27K$24K$3K
Payroll taxesLn 10$24K$21K$3K
Legal feesLn 11b$5K$4K$1K
Accounting feesLn 11c$6K$4K$1K
Office expensesLn 13$1K$1K$179
OccupancyLn 16$36K$31K$5K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$46K$46K
Depreciation, depletion and amortizationLn 22$12K$12K$619
InsuranceLn 23$10K$9K$988
Other expenses (24a–d)Ln 24$37K$34K$3K
All other expensesLn 24e$33K$30K$2K
Total functional expensesLn 25$567K$508K$59K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.6M$1.5M$94K$919K 990 PDF
FY2024 $1.4M$1.4M$40K$820K 990 PDF
FY2023 $1.2M$1.2M$5K$780K 990 PDF
FY2022 $877K$903K−$26K$775K 990 PDF
FY2021 Viewing $667K$567K$100K$801K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $667,206 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $60,414$101,052
I-9 Program service revenuePrior year $264,180$367,626
I-10 Investment incomePrior year −$5,245$424
I-11 Other revenuePrior year $39,002$198,104
I-12 Total revenuePrior year $358,351$667,206
I-13 Grants and similar amounts paidPrior year $4,000$4,000
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $464,667$375,746
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $308,390$187,288
I-18 Total expensesPrior year $777,057$567,034
I-19 Revenue less expensesPrior year −$418,706$100,172
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $667,206 across 8 lines filed
Lines not itemized here account for $20,201 of total revenue; see the IRS return.
VIII-1b Membership dues$19,064
VIII-1e Government grants$10,000
VIII-1f All other contributions, gifts and grants$71,988
VIII-1h Total contributions, gifts and grants$101,052
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $367,626$367,626
VIII-3 Investment incomeExcluded from tax $424$424
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $177,903$177,903
VIII-12 Total revenueRelated to mission $565,730 · Excluded from tax $424$667,206
Part IX · Statement of functional expenses $567,034 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $4,000$4,000
IX-7 Other salaries and wagesPrograms $272,742 · Management $36,630$309,372
IX-8 Pension plan contributionsPrograms $13,603 · Management $1,827$15,430
IX-9 Other employee benefitsPrograms $23,888 · Management $3,208$27,096
IX-10 Payroll taxesPrograms $21,024 · Management $2,824$23,848
IX-11b Legal feesPrograms $3,721 · Management $1,240$4,961
IX-11c Accounting feesPrograms $4,125 · Management $1,375$5,500
IX-13 Office expensesPrograms $1,014 · Management $179$1,193
IX-16 OccupancyPrograms $30,692 · Management $5,416$36,108
IX-17 TravelPrograms $1,605$1,605
IX-19 Conferences, conventions and meetingsPrograms $46,218$46,218
IX-22 Depreciation, depletion and amortizationPrograms $11,759 · Management $619$12,378
IX-23 InsurancePrograms $8,891 · Management $988$9,879
IX-24 Other expenses (24a–d)Programs $34,129 · Management $2,543$36,672
IX-24e All other expensesPrograms $30,483 · Management $2,291$32,774
IX-25 Total functional expensesPrograms $507,894 · Management $59,140 · Fundraising $0$567,034
Part X · Balance sheet $909,085 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $87,971$140,611
X-2 Savings and temporary cash investmentsStart of year $301,406$528,013
X-3 Pledges and grants receivable$100,393
X-4 Accounts receivableStart of year $12,858$7,877
X-8 Inventories for sale or useStart of year $31,297$33,201
X-9 Prepaid expenses and deferred chargesStart of year $51,438$54,726
X-10c Land, buildings and equipment, netStart of year $10,670$5,412
X-14 Intangible assetsStart of year $45,973$38,852
X-16 Total assetsStart of year $794,832$909,085
X-17 Accounts payable and accrued expensesStart of year $13,227$26,525
X-25 Other liabilitiesStart of year $80,951$81,734
X-26 Total liabilitiesStart of year $94,178$108,259
X-27 Net assets without donor restrictionsStart of year $675,624$779,282
X-28 Net assets with donor restrictionsStart of year $25,030$21,544
X-32 Total net assets or fund balancesStart of year $700,654$800,826
X-33 Total liabilities and net assetsStart of year $794,832$909,085
Part XI · Reconciliation of net assets $800,826 net assets at year end
XI-1 Total revenue$667,206
XI-2 Total expenses$567,034
XI-3 Revenue less expenses$100,172
XI-4 Net assets at start of year$700,654
XI-10 Net assets at end of year$800,826

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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