Future Focused Education FY2022 filing

Tax-deductible

Albuquerque, NM501(c)(3)Since 2014EducationEIN 47-3717716

Future focused education's mission is to co-create systems of equity to sustain healthier and more prosperous communities for those who need IT the most. We envision schools as sites of innovation and opportunity, where young people become the creators of healthy and prosperous communities.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$229K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $462K a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$229K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $1.3M
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$131K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.2M
+14% vs prior year
Spent
$2.5M
To programs
87%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$2.2M
FY2022▲ +14%
Revenue by fiscal year
FY2020$1.0M
FY2021$1.9M
FY2022$2.2M
FY2023$7.6M
FY2024$5.0M
FY2024$6.1M
Expenses
$2.5M
FY2022▲ +72%
Expenses by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$2.5M
FY2023$4.2M
FY2024$6.0M
FY2024$6.7M
Net assets
$1.4M
FY2022▼ -15%
Net assets by fiscal year
FY2020$1.1M
FY2021$1.7M
FY2022$1.4M
FY2023$4.8M
FY2024$3.8M
FY2024$3.2M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2015.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $2.1M Management & general 10% · $255K Fundraising 3% · $68K

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

Who runs it and what they're paid

12 people listed on the 990; $229K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$131,485Pt VII · Sec A
Operations D
$97,432Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Anthony Monfilleto’s $160K as Director Ins is at the 69th percentile of top reported officer pay among 3395 $1–10M 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 · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Anthony Monfilleto$159,567$153,485$153,485$131,485—$135,000
Anthony Monfiletto————$136,500—
Kim Lanoy Sandoval$136,139—————
Michael May$124,481—————
Mistie Gallegos$116,267—————
Kim Lanoy-Sandoval—$114,833$114,833———
Ali Sillas$111,892—————
Mistie M Gallegos—$107,581$107,581$97,432$93,300$82,000

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 Future Focused Education 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

Develops schools and leaders with student, family, and community input for policy reform.

Provided by the organization

This section is blank until Future Focused Education claims this page.

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1 program service account for $2.1M of program spending, described in the organization's own filed words · FY2021.
01

Future focused education continued to serve as the hub for the leadership schools network, building on the infrastructure created in the prior year. The organization also increased the scale of the paid internship program by growing the number of interns and employer partners participating from the previous year, and expanding to offer…

$2.1Mprogram expense

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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
See all 8 funders →
Grants paid · 12 grants · $758K · 2019–2024
Golden Forward INCNM · FY2024$75,000
Downtown Albuquerque Main StreetNM · FY2023$110,000
Public Allies INCWI · FY2020$13,500
W K Kellogg FoundationMI · FY2019$10,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.2M
Ln 12
Gifts and grantsLn 1h$2.2M
Money outPt IX
$2.5M
Ln 25
Programscol B$2.1M
Managementcol C$255K
Fundraisingcol D$68K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$588K
Total assetsLn 16$1.5M
LiabilitiesLn 26$131K
PeoplePt VI, VII
12
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$276K
Total revenueLn 12$2.2M
Assets in detailPt X, end of year
CashLn 1$588K
Cash and savings togetherLn 1–2$588K
Total assetsLn 16$1.5M
LiabilitiesLn 26$131K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 5124
VolunteersI 612
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$750K$588K
Total assetsLn 16$1.7M$1.5M
LiabilitiesLn 26$46K$131K
Net assetsLn 32$1.7M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$20K$20K
Pay of current officers, directors and key staffLn 5$268K$228K$27K$13K
Other salaries and wagesLn 7$908K$772K$91K$45K
Pension plan contributionsLn 8$13K$11K$1K$655
Other employee benefitsLn 9$115K$98K$12K$6K
Payroll taxesLn 10$2K$2K$218$109
Accounting feesLn 11c$74K$74K
Other fees for servicesLn 11g$459K$459K
Office expensesLn 13$46K$32K$14K
OccupancyLn 16$25K$18K$6K
TravelLn 17$55K$55K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$473K$445K$25K$3K
Total functional expensesLn 25$2.5M$2.1M$255K$68K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $5.0M$6.0M−$1.0M$3.8M 990 PDF
FY2023 $7.6M$4.2M$3.4M$4.8M 990 PDF
FY2022 Viewing $2.2M$2.5M−$241K$1.4M 990 PDF
FY2021 $1.9M$1.4M$510K$1.7M 990 PDF
FY2020 $1.0M$1.4M−$346K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $2,222,286 across 4 lines filed
VIII-1e Government grants$275,822
VIII-1f All other contributions, gifts and grants$1,946,464
VIII-1h Total contributions, gifts and grants$2,222,286
VIII-12 Total revenue$2,222,286
Part IX · Statement of functional expenses $2,463,679 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $20,000$20,000
IX-5 Pay of current officers, directors and key staffPrograms $227,747 · Management $26,794 · Fundraising $13,397$267,938
IX-7 Other salaries and wagesPrograms $771,967 · Management $90,820 · Fundraising $45,410$908,197
IX-8 Pension plan contributionsPrograms $11,130 · Management $1,309 · Fundraising $655$13,094
IX-9 Other employee benefitsPrograms $98,083 · Management $11,539 · Fundraising $5,770$115,392
IX-10 Payroll taxesPrograms $1,850 · Management $218 · Fundraising $109$2,177
IX-11c Accounting feesManagement $74,164$74,164
IX-11g Other fees for servicesPrograms $459,082$459,082
IX-13 Office expensesPrograms $32,270 · Management $13,522$45,792
IX-16 OccupancyPrograms $18,380 · Management $6,127$24,507
IX-17 TravelPrograms $54,697$54,697
IX-23 InsuranceManagement $5,637$5,637
IX-24 Other expenses (24a–d)Programs $444,685 · Management $25,219 · Fundraising $3,098$473,002
IX-25 Total functional expensesPrograms $2,139,891 · Management $255,349 · Fundraising $68,439$2,463,679
Part X · Balance sheet $1,543,467 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $750,197$587,534
X-3 Pledges and grants receivableStart of year $949,493$955,933
X-16 Total assetsStart of year $1,699,690$1,543,467
X-17 Accounts payable and accrued expensesStart of year $46,120$131,290
X-26 Total liabilitiesStart of year $46,120$131,290
X-27 Net assets without donor restrictionsStart of year $328,647$782,790
X-28 Net assets with donor restrictionsStart of year $1,324,923$629,387
X-32 Total net assets or fund balancesStart of year $1,653,570$1,412,177
X-33 Total liabilities and net assetsStart of year $1,699,690$1,543,467
Part XI · Reconciliation of net assets $1,412,177 net assets at year end
XI-1 Total revenue$2,222,286
XI-2 Total expenses$2,463,679
XI-3 Revenue less expenses−$241,393
XI-4 Net assets at start of year$1,653,570
XI-10 Net assets at end of year$1,412,177

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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