Funding the Future

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The Mission of Funding the Future is to educate students across the country on the importance of smart financial decisions through a multimedia presentation including music video and an inspirational message shared by a musical celebrity. Funding the Future emphasizes the importance of financial literacy at a young age.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 13 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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 6
filings with a surplus
Average surplus $6K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$69K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $90K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$29K
46% of total assets
Looks good: liabilities are 46% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 10 voting members
Concern: none of 10 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$334K
-20% vs prior year
Spent
$379K
To programs
85%
Net assets
$35K
By yearFY2020–FY2025
Revenue
$334K
FY2025▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$281K
FY2021$407K
FY2022$480K
FY2023$291K
FY2024$415K
FY2025$334K
Expenses
$379K
FY2025▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$251K
FY2021$336K
FY2022$419K
FY2023$425K
FY2024$362K
FY2025$379K
Net assets
$35K
FY2025▼ -47%
Tap a bar for its year
Net assets by fiscal year
FY2020$16K
FY2021$87K
FY2022$148K
FY2023$13K
FY2024$66K
FY2025$35K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2014.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $321K Management & general 7% · $26K Fundraising 9% · $33K

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

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $69K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$68,640Pt VII · Sec A
Past President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Alisha David’s $69K as Executive Director is at the 60th percentile of top reported officer pay among 1992 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Alisha David$68,640$68,640$68,640$70,000$66,000$47,500
Carolyn Powell—————$20,000

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.

See Funding the Future executive salaries →

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

Musicians teach teens financial skills through live performances across the country.

Questions for Funding the Future

Tap to ask. Funding the Future sees how many people are interested.

Your first name shows with your question. Funding the Future answers here, for everyone.

1 program · $321K · in their own filed words · FY2025
01

In 2025 Funding the Future reached 24,967 students across 68 schools in 8 states. Student demographics were approximately 48.18% White 42.87% Black 14.49% Hispanic 1.80% Asian 1.55% American Indian or Alaska Native 0.17% Native Hawaiian or Pacific Islander and 3.13% Two or More Races.

$321Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$90K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$334K
Ln 12
Fees for servicesLn 2g$222K
Gifts and grantsLn 1h$112K
Other incomeLn 4–11$444
Money outPt IX
$379K
Ln 25
Programscol B$321K
Managementcol C$26K
Fundraisingcol D$33K
Owns and owesPt X
$35K
net assets · Ln 32
Cash and savingsLn 1–2$64K
Total assetsLn 16$64K
LiabilitiesLn 26$29K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$112K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$222K
Other incomeLn 4–11$444
Gains on assetsLn 7$0
Total revenueLn 12$334K
Assets in detailPt X, end of year
CashLn 1$64K
SavingsLn 2$0
Cash and savings togetherLn 1–2$64K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$64K
LiabilitiesLn 26$29K
Net assetsLn 32$35K
OperationsPt I, VI
EmployeesI 52
VolunteersI 613
Fiscal year endsHeaderDecember
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 FY25End FY25
Cash and savingsLn 1–2$68K$64K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$85K$64K
LiabilitiesLn 26$19K$29K
Net assetsLn 32$66K$35K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$69K$34K$10K$24K
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$66K$66K$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$10K$8K$736$2K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$3K$0$3K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$10K$6K$0$4K
Office expensesLn 13$340$0$150$190
Information technologyLn 14$4K$0$4K$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$5K$2K$2K$2K
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$3K$0$3K$0
Other expenses (24a–d)Ln 24$208K$206K$2K$0
All other expensesLn 24e$945$302$340$303
Total functional expensesLn 25$379K$321K$26K$33K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 14, 2026 $334K$379K−$45K$35K 990 PDF
FY2024Filed with the IRS May 19, 2025 $415K$362K$53K$66K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $291K$425K−$134K$13K 990 PDF
FY2022Filed with the IRS Aug 7, 2023 $480K$419K$60K$148K 990 PDF
FY2021Filed with the IRS Nov 9, 2022 $407K$336K$71K$87K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $281K$251K$30K$16K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $333,908 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $415,455$111,964
I-9 Program service revenuePrior year $0$221,500
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$444
I-12 Total revenuePrior year $415,455$333,908
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $144,423$144,425
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $217,969$234,844
I-18 Total expensesPrior year $362,392$379,269
I-19 Revenue less expensesPrior year $53,063−$45,361
Part VI · Governance 0 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members0
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 $333,908 across 16 lines filed
VIII-1a Federated campaigns$94,592
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$17,372
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$111,964
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $221,500 · Unrelated business $0 · Excluded from tax $0$221,500
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $0$444
VIII-12 Total revenueRelated to mission $221,500 · Unrelated business $0 · Excluded from tax $0$333,908
Part IX · Statement of functional expenses $379,269 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $34,320 · Management $10,298 · Fundraising $24,024$68,642
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $65,520 · Management $0 · Fundraising $0$65,520
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $7,637 · Management $736 · Fundraising $1,890$10,263
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $2,640 · Fundraising $0$2,640
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $5,500 · Management $0 · Fundraising $4,479$9,979
IX-13 Office expensesPrograms $0 · Management $150 · Fundraising $190$340
IX-14 Information technologyPrograms $0 · Management $4,385 · Fundraising $0$4,385
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $1,701 · Management $1,702 · Fundraising $1,701$5,104
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $0 · Management $3,311 · Fundraising $0$3,311
IX-24 Other expenses (24a–d)Programs $206,043 · Management $2,097 · Fundraising $0$208,140
IX-24e All other expensesPrograms $302 · Management $340 · Fundraising $303$945
IX-25 Total functional expensesPrograms $321,023 · Management $25,659 · Fundraising $32,587$379,269
Part X · Balance sheet $63,893 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $67,754$63,893
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $17,500$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $85,254$63,893
X-17 Accounts payable and accrued expensesStart of year $19,118$29,118
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $19,118$29,118
X-27 Net assets without donor restrictionsStart of year $55,608$6,774
X-28 Net assets with donor restrictionsStart of year $10,528$28,000
X-32 Total net assets or fund balancesStart of year $66,136$34,774
X-33 Total liabilities and net assetsStart of year $85,254$63,892
Part XI · Reconciliation of net assets $34,775 net assets at year end
XI-1 Total revenue$333,908
XI-2 Total expenses$379,269
XI-3 Revenue less expenses−$45,361
XI-4 Net assets at start of year$66,136
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$13,999
XI-10 Net assets at end of year$34,775

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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