Future Earth EIN 81-5033986 Form 990 (PDF) Claim this org

Future Earth FY2023 filing

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Funds research to help the world become more sustainable. For fiscal year 2023 it reported $4.2M in revenue, $1.6M in expenses, and $3.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Fort Collins, CO
Website
futureearth.org
Filings
5 on file (2021–2023)
Revenue
$4.2MFY2023
Expenses
$1.6M
Net assets
$3.0M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-5033986 Public charity (501(c)(3)) Fort Collins, CO
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/4/26 · see original: IRS
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Size
$1–10M
What they do
Funds research to help the world become more sustainable.
Leadership
Laurel Milliken · COO · $130K
Money in and out
$4.2M revenue, $1.6M expenses
Bottom line
83% program efficiency
Where the money goes · FY2023
Total revenue
$4.2M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.7M
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Program efficiency
83%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+63%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$4.2M
FY2023▲ +537%
Expenses
$1.6M
FY2023▲ +261%
Total assets
$3.3M
FY2023▲ +360%
Total liabilities
$235K
FY2023▼ -35%
Total revenue
$4.2M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$3.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.7M
Total assetsPt X · Ln 16$3.3M
Program-expense ratioPt IX · col B83%
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 CFuture Earth
EINHdr · item D81-5033986
Principal addressHdr · item CFort Collins, CO
WebsiteHdr · item Jfutureearth.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C30)
Ruling yearIRS BMFSep 2018

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 · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$129,686Pt VII · Sec A
$117,789Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Erica Key’s $257K as CEO is at the 94th percentile of top reported officer pay among 1845 $1–10M environment 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Erica Key$256,891$244,559$117,789$43,488
Laurel Milliken$171,467$163,267$129,686
Veera Mitzner$145,182
Bridget Blake$119,264
Makyba Charles-Ayinde$115,500

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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Mission & Programs · Part III

Where the work happens

3 program services account for $1.3M of program spending, described in the organization's own filed words · FY2022.
01

Global Sustainability Research

As part of an international network with the mission to advance research in support of transformations to global sustainability, the organization leads several key functions of the distributed global secretariat, which includes communications, finance, research and innovation, networks, as well as coordination.

$576Kprogram expense
02

Sustainability Research and Innovation Congress (sri)

An annual, global convening of the global sustainability community aimed at inspiring action and promoting a sustainability transformation. SRI2022 took place in pretoria, south africa, and convened over 1,600 participants from all parts the world and from all career stages around a diverse program that doubled in size from the previous…

$547Kprogram expense
03

Anthropocene Magazine

A first-of-its kind publication to focus specifically on the anthropocene, a new epoch in the geologic history of the planet named for humanity's influence on the globe. Its global audience has grown dramatically.

$172Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$3.9M · 93%
Program service revenue$310K · 7%
Contributions & grants93%$3.9M
Program service revenue7%$310K
Investment income$56
Other revenue$4K
— government grantsLn 1e$1.1M
Total revenueLn 12$4.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.16 Fundraising $0.01
Program services83%$1.3M
Management & general16%$253K
Fundraising1%$9K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$3.3M
Total liabilitiesLn 26$235K
Total net assetsLn 32$3.0M
Months of cash on handcomputed7.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $1.6M
7.9 months
Where the money goes
Program services
Program services $1.3M · Total expenses $1.6M
83%
Management & General
Management & general $253K · Total expenses $1.6M
16%
Fundraising
Fundraising $9K · Total expenses $1.6M
0.6%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $1.4M
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.9M · Total revenue $4.2M
93%
Government reliance
Government grants $1.1M · Total revenue $4.2M
27%
Earned-income share
Program service revenue $310K · Total revenue $4.2M
7%
Investment reliance
Investment income $56 · Total revenue $4.2M
<0.01%
Program self-sufficiency
Program service revenue $310K · Total expenses $1.6M
20%
Growth & trend
Revenue growth (YoY)
This year $4.2M · Prior year $665K
+537%
Net-asset trend (YoY)
End of year $3.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.2M · Expenses $1.6M
+63%
Liabilities-to-Assets
Total liabilities — · Total assets $3.3M
Net-asset ratio
Net assets $3.0M · Total assets $3.3M
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laurel Milliken · Reported title COO · Highest reported compensation $130K · Total expenses $1.6M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.0M · Total expenses $1.6M
65%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 16%
Fundraising cost ratio 0.2%
Revenue growth 537%
Legal fee ratio 0.5%
Accounting fee ratio 4%

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 · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$50
Grants paid · 5 grants · $401K · 2023–2024
Spatial Informatics Group LLCFY2024$7,500

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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)$2.0M revenue · ⤓ 990 PDF
FY2024$2.3M revenue · ⤓ 990 PDF
FY2023$4.2M revenue · viewing · ⤓ 990 PDF
FY2022$665K revenue · ⤓ 990 PDF
FY2021$66K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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