Futureindesign INC

IRS exemption revoked

Price, UTUnknown exempt organization EIN 81-1194026Revenue $1.8M in FY2021

On file with the IRSfutureindesign.org720 W Price River Dr · Price, UT

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Futureindesign INC (find) creates an environment where people grow their strengths, challenge limitations, and build the confidence to find direction.

97¢ of each $1 spent went to programs.
Run by 200 volunteers and 78 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $39K a year · 3% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$85K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
<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
4
named funders · $85K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$148K
45% of total assets
Looks good: liabilities are 45% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.8M
+38% vs prior year
Spent
$1.7M
To programs
97%
Net assets
$181K
By yearFY2019–FY2021
Revenue
$1.8M
FY2021▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2019$833K
FY2020$1.3M
FY2021$1.8M
Expenses
$1.7M
FY2021▲ +27%
Tap a bar for its year
Expenses by fiscal year
FY2019$737K
FY2020$1.3M
FY2021$1.7M
Net assets
$181K
FY2021▲ +48%
Tap a bar for its year
Net assets by fiscal year
FY2019$172K
FY2020$122K
FY2021$181K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2025

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2021.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $1.6M Management & general 1% · $22K Fundraising 1% · $25K

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

5 people listed on the 990; $85K paid to officers and key staff.

Part VII, Section A · reportable compensation
$85,204Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Futureindesign 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

Helps people grow strengths, challenge limits, and build confidence to find direction.

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Provided by the organization

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1 program · $1.6M · in their own filed words · FY2021
01

Futureindesign's technology focused workforce development program focuses on four key outcomes to assist underrepresented students in gaining upward mobility in utah's technology industry. These outcomes include: 1) new, part-time employment, 2) college CREDITS/NATIONAL certification, 3) job training STIPEND/INDUSTRY-LEVEL computer, and…

$1.6Mprogram 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 · FY2022
See all 4 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.3M
Gifts and grantsLn 1h$488K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.6M
Managementcol C$22K
Fundraisingcol D$25K
Owns and owesPt X
$181K
net assets · Ln 32
Cash and savingsLn 1–2$91K
Total assetsLn 16$329K
LiabilitiesLn 26$148K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$488K
Government grantsLn 1e$274K
Fees for servicesLn 2g$1.3M
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$91K
Cash and savings togetherLn 1–2$91K
Land, buildings, equipmentLn 10c$137K
Other assetsLn 15$491
Total assetsLn 16$329K
LiabilitiesLn 26$148K
Net assetsLn 32$181K
OperationsPt I, VI
EmployeesI 578
VolunteersI 6200
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 FY21End FY21
Cash and savingsLn 1–2$48K$91K
Land, buildings, equipmentLn 10c$188K$137K
Total assetsLn 16$254K$329K
LiabilitiesLn 26$132K$148K
Net assetsLn 32$122K$181K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$85K$77K$4K$4K
Other salaries and wagesLn 7$494K$494K
Payroll taxesLn 10$45K$45K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$730$730
Professional fundraising feesLn 11e$21K$21K
Other fees for servicesLn 11g$52K$49K$4K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$3K$3K
OccupancyLn 16$138K$138K
TravelLn 17$44K$44K
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$55K$55K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$679K$679K
All other expensesLn 24e$28K$24K$4K
Total functional expensesLn 25$1.7M$1.6M$22K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $1.8M$1.7M$73K$181K 990 PDF
FY2020 $1.3M$1.3M−$51K$122K 990 PDF
FY2019 $833K$737K$95K$172K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,762,629 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $683,984$488,210
I-9 Program service revenuePrior year $485,644$1,274,419
I-10 Investment income$0
I-11 Other revenuePrior year $108,800$0
I-12 Total revenuePrior year $1,278,428$1,762,629
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $714,642$624,919
I-16a Professional fundraising fees$20,605
I-17 Other expensesPrior year $614,795$1,043,621
I-18 Total expensesPrior year $1,329,437$1,689,145
I-19 Revenue less expensesPrior year −$51,009$73,484
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
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
Part VIII · Statement of revenue $1,762,629 across 5 lines filed
VIII-1e Government grants$273,972
VIII-1f All other contributions, gifts and grants$214,238
VIII-1h Total contributions, gifts and grants$488,210
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,274,419$1,274,419
VIII-12 Total revenueRelated to mission $1,274,419$1,762,629
Part IX · Statement of functional expenses $1,689,145 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $76,684 · Management $4,260 · Fundraising $4,260$85,204
IX-7 Other salaries and wagesPrograms $494,444$494,444
IX-10 Payroll taxesPrograms $45,271$45,271
IX-11b Legal feesManagement $6,578$6,578
IX-11c Accounting feesManagement $730$730
IX-11e Professional fundraising feesFundraising $20,605$20,605
IX-11g Other fees for servicesPrograms $48,501 · Management $3,761$52,262
IX-12 Advertising and promotionPrograms $9,823$9,823
IX-13 Office expensesPrograms $3,158$3,158
IX-16 OccupancyPrograms $138,022$138,022
IX-17 TravelPrograms $43,862$43,862
IX-19 Conferences, conventions and meetingsPrograms $2,011$2,011
IX-20 InterestManagement $2,431$2,431
IX-22 Depreciation, depletion and amortizationPrograms $55,382$55,382
IX-23 InsurancePrograms $22,752$22,752
IX-24 Other expenses (24a–d)Programs $679,021$679,021
IX-24e All other expensesPrograms $23,743 · Management $3,846$27,589
IX-25 Total functional expensesPrograms $1,642,674 · Management $21,606 · Fundraising $24,865$1,689,145
Part X · Balance sheet $328,674 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $47,830$90,647
X-4 Accounts receivableStart of year $18,204$100,267
X-10c Land, buildings and equipment, netStart of year $188,330$137,269
X-15 Other assets$491
X-16 Total assetsStart of year $254,364$328,674
X-17 Accounts payable and accrued expensesStart of year $107,296$81,743
X-24 Unsecured notes and loans payableStart of year $24,850$25,000
X-25 Other liabilities$40,940
X-26 Total liabilitiesStart of year $132,146$147,683
X-27 Net assets without donor restrictionsStart of year $122,218$180,991
X-32 Total net assets or fund balancesStart of year $122,218$180,991
X-33 Total liabilities and net assetsStart of year $254,364$328,674
Part XI · Reconciliation of net assets $180,991 net assets at year end
XI-1 Total revenue$1,762,629
XI-2 Total expenses$1,689,145
XI-3 Revenue less expenses$73,484
XI-4 Net assets at start of year$122,218
XI-8 Prior period adjustments−$14,711
XI-10 Net assets at end of year$180,991

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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