Future Net EIN 42-1472525

Future Net

EIN  42-1472525 Public charity (501(c)(3)) Wdm, IA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Empowers communities with sexual health information and services for young people.
Leadership
Kristin Fairholm · Executive Director
Money in and out
$753K revenue, $547K expenses
Bottom line
91% program efficiency

Empowers communities with sexual health information and services for young people. For fiscal year 2025 it reported $753K in revenue, $547K in expenses, and $487K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$753K
Pt VIII · Ln 12
Total expenses
$547K
Pt IX · Ln 25
Net assets
$487K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $206K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.04 Fundraising $0.06
Program efficiency
91%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
27.7mo
months of highly liquid reserves at operating expense rate▲ +340% vs prior filing year
Surplus margin
+27%
revenue over expenses, this year▲ +235% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$753K
FY2025▲ +31%
Expenses
$547K
FY2025▲ +4%
Total assets
$1.3M
FY2025▲ +298%
Total liabilities
$776K
FY2025▲ ×22
Total revenue
$753K
Pt VIII · Ln 12
Total expenses
$547K
Pt IX · Ln 25
Net assets
$487K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$206K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

1 program service account for $496K of program spending, described in the organization's own filed words · FY2024.
01

Coordinate statewide adolescent pregnancy prevention strategies. Service provided to 1200 direct clients and 206,000 individuals indirectly.

$496Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFuture Net
EINHdr · item D42-1472525
Principal addressHdr · item CWdm, IA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFJan 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kristin Fairholm’s $119K as Executive Director is at the 90th percentile of top reported officer pay among 1616 $100K–1M education 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kristin Fairholm$119,092$130,449$116,770$103,250$76,577

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 & grants$626K · 83%
Other revenue$97K · 13%
Program service revenue$22K · 3%
Investment income$7K · 1%
Contributions & grants83%$626K
Other revenue13%$97K
Program service revenue3%$22K
Investment income1%$7K
— government grantsLn 1e$233K
Total revenueLn 12$753K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.04 Fundraising $0.06
Program services91%$496K
Management & general4%$20K
Fundraising6%$31K
Total functional expensesLn 25$547K

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$1.3M
Total liabilitiesLn 26$776K
Total net assetsLn 32$487K
Months of cash on handcomputed27.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $547K
27.7 months
Where the money goes
Program services
Program services $496K · Total expenses $547K
91%
Management & General
Management & general $20K · Total expenses $547K
4%
Fundraising
Fundraising $31K · Total expenses $547K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $32K · Solicited contributions (3-yr avg) $324K
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $626K · Total revenue $753K
83%
Government reliance
Government grants $233K · Total revenue $753K
31%
Earned-income share
Program service revenue $22K · Total revenue $753K
3%
Investment reliance
Investment income $7K · Total revenue $753K
+1%
Program self-sufficiency
Program service revenue $22K · Total expenses $547K
4%
Growth & trend
Revenue growth (YoY)
This year $753K · Prior year $574K
+31%
Revenue CAGR
FY2019 $266K · FY2024 $753K
+23%
Net-asset trend (YoY)
End of year $487K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $753K · Expenses $547K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $487K · Total assets $1.3M
39%
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 Kristin Fairholm · Reported title Executive Director · Highest reported compensation $0 · Total expenses $547K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $418K · Total expenses $547K
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 4%
Fundraising cost ratio 5%
Revenue growth 31%
Accounting fee ratio 1%
Fundraising fee ratio 6%

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
Total grants receivedfrom 2 funders$43K

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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
FY2025 (Latest)$753K revenue · viewing · ⤓ 990 PDF
FY2024$574K revenue · ⤓ 990 PDF
FY2023$979K revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$684K 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) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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