Future Problem Solving Program International INC FY2024 filing

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EIN 59-3549484 Public charity (501(c)(3)) Palm Coast, FL
Form 990 (PDF)

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Revenue & expenses by yearFY2021–FY2025
Revenue
$25K
FY2024▲ +40%

Form 990 for the fiscal year ending June 2024 (IRS tax year 2023).


A nonprofit based in Palm Coast, FL. For fiscal year 2024 it reported $25K in revenue and $33K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Palm Coast, FL
Filings
5 on file (2021–2024)
Revenue
$25KFY2024
Net assets
$33K
People
14
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Size
<$100K
What they do
A nonprofit based in Palm Coast, FL.
Leadership
Sarah Reckenwald · Co-Director · $8K
Money in and out
$25K revenue
Bottom line
14.9mo operating runway
Where the money goes · FY2024
Total revenue
$25K
Pt VIII · Ln 12
Total expenses
—
Pt IX · Ln 25
Net assets
$33K
Pt X · Ln 32
Operating runway
14.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-5%
revenue over expenses, this year
Goes to people
47%
of spending is salaries & benefits

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Summary of the Filing

Part I · fiscal year 2024 · Form 990-EZ
Revenue less expensesPt I · Ln 19—
Total assetsPt X · Ln 16—
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CFuture Problem Solving Program International INC
EINHdr · item D59-3549484
Principal addressHdr · item CPalm Coast, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Co-Director
$8,000Pt VII · Sec A
$1,100Pt VII · Sec A
$595Pt VII · Sec A
Trustee
$595Pt VII · Sec A
$500Pt VII · Sec A
$500Pt VII · Sec A
$500Pt VII · Sec A
Trustee
$100Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Deb Kelley————$12,000
Sarah Reckenwald$5,000$8,000$2,000$4,000—
Michelle Marshall$4,100$500———
Marueen Walsh———$4,000—
Barbara Miller———$2,000—
Rachel Snyder———$1,960—
Jacqueline Williams———$1,667—
Mary Alice Krause———$1,334—

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
Other revenue100%$25K
Total revenueLn 12$25K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16—
Total liabilitiesLn 26—
Total net assetsLn 32$33K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $33K · Operating expenses/yr $27K
14.9 months
Where the money goes
Program services
not reported
Management & General
not reported
Fundraising
not reported
Cost to raise $1
not reported
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $25K
—
Government reliance
not reported
Earned-income share
Program service revenue $24K · Total revenue $25K
93%
Investment reliance
Investment income — · Total revenue $25K
—
Program self-sufficiency
Program service revenue $24K · Total expenses $27K
88%
Growth & trend
Revenue growth (YoY)
This year $25K · Prior year $18K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $33K · Beginning of year $35K
-4%
Balance sheet
Surplus Margin
Revenue $25K · Expenses $27K
-5%
Liabilities-to-Assets
Total liabilities — · Total assets $33K
—
Net-asset ratio
Net assets $33K · Total assets $33K
100%
People & payroll
Highest Reported Total Compensation
Individual Sarah Reckenwald · Reported title Co-Director · Highest reported compensation $8K · Total expenses $27K
30%
Personnel share
Salaries & benefits $13K · Total expenses $27K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth 40%——

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.

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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)$18K revenue · ⤓ 990 PDF
FY2024$25K revenue · viewing · ⤓ 990 PDF
FY2023$18K revenue · ⤓ 990 PDF
FY2022$48K revenue · ⤓ 990 PDF
FY2021$33K 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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