We are entrepreneurial education program. Our goal is to help boys from underserved communities start and grow their own STEM -based business.

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

Before you give

FY2023 · 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 $14K a year · 5% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$28K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$328K
+46% vs prior year
Spent
$269K
To programs
78%
Net assets
$84K
By yearFY2020–FY2025
Revenue
$328K
FY2023▲ +46%
Tap a bar for its year
Revenue by fiscal year
FY2020$173K
FY2021$192K
FY2022$225K
FY2023$328K
FY2024$368K
FY2025$332K
Expenses
$269K
FY2023▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$110K
FY2021$178K
FY2022$284K
FY2023$269K
FY2024$329K
FY2025$365K
Net assets
$84K
FY2023▲ +245%
Tap a bar for its year
Net assets by fiscal year
FY2020$70K
FY2021$83K
FY2022$24K
FY2023$84K
FY2024$124K
FY2025$53K

From the FY2023 Form 990 · 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 ruling in Jun 2014.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $211K Management & general 22% · $58K

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

12 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Future Kings INC executive salaries →

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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

Empowers underserved boys to launch and scale STEM businesses.

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Provided by the organization

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2 programs · $422K · in their own filed words · FY2023
01

Our STEM camps served 50 boys and girls from underserved communities. The camps operated from 8:30am to 4:30pm Monday through Friday. Lunch was provided. There were four camps that operated provided introductory skills in Cyber Security, Stock Market Investing, Computer Game Design, and 3-Dprinting.

$211Kprogram expense
02

Our STEM camps served 50 boys and girls from underserved communities. The camps operated from 8:30am to 4:30pm Monday through Friday. Lunch was provided. There were four camps that operated provided introductory skills in Cyber Security, Stock Market Investing, Computer Game Design, and 3-Dprinting.

$211Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$328K
Ln 12
Fees for servicesLn 2g$311K
Gifts and grantsLn 1h$17K
Money outPt IX
$269K
Ln 25
Programscol B$211K
Managementcol C$58K
Owns and owesPt X
$84K
net assets · Ln 32
Cash and savingsLn 1–2$13K
Total assetsLn 16$113K
LiabilitiesLn 26$28K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17K
Fees for servicesLn 2g$311K
Total revenueLn 12$328K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$13K
Total assetsLn 16$113K
LiabilitiesLn 26$28K
Net assetsLn 32$84K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $332K$365K−$33K$53K 990 PDF
FY2024 $368K$329K$39K$124K 990 PDF
FY2023 Viewing $328K$269K$59K$84K 990 PDF
FY2022 $225K$284K−$59K$24K 990 PDF
FY2021 $192K$178K$15K$83K 990 PDF
FY2020 $173K$110K$64K$70K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations
See the full FY2023 990 (1 part)
Part VI · Governance 5 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
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

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

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