Future Forward Foundation EIN 45-4375172

Future Forward Foundation FY2024 filing

EIN  45-4375172 Public charity (501(c)(3)) Florence, AZ
Form 990 (PDF)
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Size
$100K–1M
What they do
Grows food to help feed hungry and homeless people.
Leadership
Lina Austin · President
Money in and out
$232K revenue, $240K expenses
Bottom line
97% program efficiency

Grows food to help feed hungry and homeless people. For fiscal year 2024 it reported $232K in revenue, $240K in expenses, and $82K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$232K
Pt VIII · Ln 12
Total expenses
$240K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$8K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
1.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$232K
FY2024▲ +2%
Expenses
$240K
FY2024▲ +10%
Total assets
$90K
FY2024▼ -4%
Total liabilities
$8K
FY2024▲ +122%
Total revenue
$232K
Pt VIII · Ln 12
Total expenses
$240K
Pt IX · Ln 25
Net assets
$82K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$8K
Total assetsPt X · Ln 16$90K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $234K of program spending, described in the organization's own filed words · FY2024.
01

Distributed crops back to the food bank and homeless shelters

$167Kprogram expense
02

Obtained grants from government sources

$33Kprogram expense
03

Education of plant gardening to grow food for the hungry and homeless.

$33Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFuture Forward Foundation
EINHdr · item D45-4375172
Principal addressHdr · item CFlorence, AZ
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L81)
Ruling yearIRS BMFMay 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
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
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$229K · 99%
Program service revenue$3K · 1%
Contributions & grants99%$229K
Program service revenue1%$3K
Investment income$1
— government grantsLn 1e$28K
Total revenueLn 12$232K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$234K
Management & general3%$7K
Total functional expensesLn 25$240K

Balance Sheet

Part X · end of year
CashLn 1$17K
Total assetsLn 16$90K
Total liabilitiesLn 26$8K
Total net assetsLn 32$82K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $17K · Operating expenses (Pt IX) $240K · Less non-cash grants $133K · Cash operating expenses/yr $107K
1.9 months
Where the money goes
Program services
Program services $234K · Total expenses $240K
97%
Management & General
Management & general $7K · Total expenses $240K
3%
Fundraising
Fundraising $0 · Total expenses $240K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $33K · Solicited contributions (3-yr avg) $160K
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $229K · Total revenue $232K
99%
Government reliance
Government grants $28K · Total revenue $232K
12%
Earned-income share
Program service revenue $3K · Total revenue $232K
1%
Investment reliance
Investment income $1 · Total revenue $232K
0%
Program self-sufficiency
Program service revenue $3K · Total expenses $240K
1%
Growth & trend
Revenue growth (YoY)
This year $232K · Prior year $228K
+2%
Revenue CAGR
FY2020 $148K · FY2024 $232K
+12%
Net-asset trend (YoY)
End of year $82K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $232K · Expenses $240K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $90K
Net-asset ratio
Net assets $82K · Total assets $90K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $90K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lina Austin · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $240K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $240K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 2%
Accounting fee ratio 2%

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 · FY2021
Bbt INCFY2021$1.2M
Isa FoundationFY2021$10K
Total grants receivedfrom 2 funders$1.3M

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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)$232K revenue · ⤓ 990 PDF
FY2024$232K revenue · viewing · ⤓ 990 PDF
FY2023$228K revenue · ⤓ 990 PDF
FY2022$136K revenue · ⤓ 990 PDF
FY2021$77K revenue · ⤓ 990 PDF
FY2020$148K 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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