Carry the Future EIN 81-0814710 Form 990 (PDF) Claim this org

Carry the Future

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Connects refugee children and families with a global community for dignity and care. For fiscal year 2024 it reported $37K in revenue, $103K in expenses, and $91K in net assets.Pt I

Type
Public charity (501(c)(3)) · International
Location
Glendale, CA
Website
www.carrythefuture.org
Filings
5 on file (2020–2024)
Revenue
$37KFY2024
Expenses
$103K
Net assets
$91K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-0814710 Public charity (501(c)(3)) Glendale, CA
Form 990 (PDF)
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Size
<$100K
What they do
Connects refugee children and families with a global community for dignity and care.
Leadership
Alison Soracchi · President
Money in and out
$37K revenue, $103K expenses
Bottom line
78% program efficiency
Where the money goes · FY2024
Total revenue
$37K
Pt VIII · Ln 12
Total expenses
$103K
Pt IX · Ln 25
Net assets
$91K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$67K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.21 Fundraising $0.01
Program efficiency
78%
of spending reaches programs▼ -11% vs prior filing year
Operating runway
10.6mo
months of highly liquid reserves at operating expense rate▼ -8% vs prior filing year
Surplus margin
-182%
revenue over expenses, this year▼ -21% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$37K
FY2024▼ -44%
Expenses
$103K
FY2024▼ -37%
Total assets
$91K
FY2024▼ -42%
Total liabilities
$0
FY2024
Total revenue
$37K
Pt VIII · Ln 12
Total expenses
$103K
Pt IX · Ln 25
Net assets
$91K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$67K
Total assetsPt X · Ln 16$91K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCarry the Future
EINHdr · item D81-0814710
Principal addressHdr · item CGlendale, CA
WebsiteHdr · item Jwww.carrythefuture.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFJul 2016

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 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $81K of program spending, described in the organization's own filed words · FY2024.
01

Dignity Through Diapers

Carry the Future provides for refugee and asylum seeking families by supplying camps, community centers, and resettlement organizations with clean diapers and wipes. Carry the Future has a dedicated volunteer staff who cultivate and manage deeply rooted relationships with individuals and organizations in the areas we serve to help…

$44Kprogram expense
02

Nourishment with Education

Carry the Future funds nutritious snacks and lunch programs in education centers for refugee families. We partner with schools and educational centers to provide healthy meal and snack options to refugee and asylum seeking children attending these facilities.

$36Kprogram expense
03

"Purchased information technology services and software to support program administration and data management.

$300program expense

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Statement of Revenue

Part VIII
Contributions & grants100%$37K
Investment income$5
Total revenueLn 12$37K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.21 Fundraising $0.01
Program services78%$81K
Management & general21%$22K
Fundraising1%$999
Total functional expensesLn 25$103K

Balance Sheet

Part X · end of year
CashLn 1$91K
Total assetsLn 16$91K
Total liabilitiesLn 26$0
Total net assetsLn 32$91K
Months of cash on handcomputed10.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $91K · Operating expenses/yr $103K
10.6 months
Where the money goes
Program services
Program services $81K · Total expenses $103K
78%
Management & General
Management & general $22K · Total expenses $103K
21%
Fundraising
Fundraising $999 · Total expenses $103K
1.0%
Cost to raise $1
Fundraising expense (3-yr avg) $841 · Solicited contributions (3-yr avg) $76K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $37K · Total revenue $37K
100%
Government reliance
Government grants $0 · Total revenue $37K
0%
Earned-income share
Program service revenue $0 · Total revenue $37K
0%
Investment reliance
Investment income $5 · Total revenue $37K
+0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $103K
0%
Growth & trend
Revenue growth (YoY)
This year $37K · Prior year $66K
-44%
Revenue CAGR
FY2020 $145K · FY2024 $37K
-29%
Net-asset trend (YoY)
End of year $91K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $37K · Expenses $103K
-182%
Liabilities-to-Assets
Total liabilities — · Total assets $91K
Net-asset ratio
Net assets $91K · Total assets $91K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $91K
0%
People & payroll
Highest Reported Total Compensation
Individual Alison Soracchi · Reported title President · Highest reported compensation $0 · Total expenses $103K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $103K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 21%
Fundraising cost ratio 3%
Revenue growth -44%
Legal fee ratio 12%

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 · FY2023
Total grants receivedfrom 2 funders$17K

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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
FY2024 (Latest)$37K revenue · viewing · ⤓ 990 PDF
FY2023$66K revenue · ⤓ 990 PDF
FY2022$125K revenue · ⤓ 990 PDF
FY2021$142K revenue · ⤓ 990 PDF
FY2020$145K 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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