Raise the Future EIN 84-0793576

Raise the Future FY2021 filing

EIN  84-0793576 Public charity (501(c)(3)) Denver, CO Founded 1977
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/12/26 · see original filing: IRS
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Size
$10–100M
What they do
Connects children with caring adult mentors for lifelong support.
Leadership
Jeff Pelech Thru 52021 · CFO · $142K
Money in and out
$8.7M revenue, $8.3M expenses
Bottom line
79% program efficiency

Connects children with caring adult mentors for lifelong support. For fiscal year 2021 it reported $8.7M in revenue, $8.3M in expenses, and $4.0M in net assets.Pt I

Where the money goes · FY2021
Total revenue
$8.7M
Pt VIII · Ln 12
Total expenses
$8.3M
Pt IX · Ln 25
Net assets
$4.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $458K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.13 Fundraising $0.08
Program efficiency
79%
of spending reaches programs
Operating runway
4.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$8.7M
FY2021
Expenses
$8.3M
FY2021
Total assets
$4.8M
FY2021
Total liabilities
$844K
FY2021
Total revenue
$8.7M
Pt VIII · Ln 12
Total expenses
$8.3M
Pt IX · Ln 25
Net assets
$4.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$458K
Total assetsPt X · Ln 16$4.8M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

3 program services account for $5.9M of program spending, described in the organization's own filed words · FY2020.
01

Intensive recruitment services build positive, healthy relationships with youth to understand their strengths, interests, needs, and family preferences, which inevitably enhances the ability of the youth to find strength and feel empowered through the process.

$3.2Mprogram expense
02

Family preparation and support begins before a family has ever adopted. The family support program is geared toward education, support, and coaching. Hands-on, individualized, tailored supportive services are offered to families throughout their entire adoption journey.

$2.0Mprogram expense
03

Media-Based Recruitment Services

The organization identifies and cultivates potential adoptive families for waiting children using child-centric recruitment methods and tools. Recruitment activities used to identify potential families include: hosting adoption networking events; partnering with local news stations to broadcast wednesday's child profiles; featuring…

$718Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRaise the Future
EINHdr · item D84-0793576
Principal addressHdr · item CDenver, CO
WebsiteHdr · item Jwww.raisethefuture.org
Year of formationHdr · item L1977
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P310)
Ruling yearIRS BMFSep 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$141,990Pt VII · Sec A
Executive Director
$137,763Pt VII · Sec A
VP Operations
$107,603Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Ann Ayers’s $209K as CEO (end 3/2026) is at the 49th percentile of top reported officer pay among 3123 $10–100M human services 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

NameFY2024FY2024FY2023FY2022FY2021
Ann Ayers$208,648$204,781$142,764$45,528
Hope Wisneski$182,372
Karen Degroot$160,626$148,271$28,083
Jeff Pelech Thru 52021$141,990
Lauren Arnold Thru 52021$137,763
Lucinda Connelly$119,743
Mary Hurt$114,325$105,393
Lindsay Kaeding$113,312

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
Contributions & grants$8.6M · 98%
Program service revenue$89K · 1%
Contributions & grants98%$8.6M
Program service revenue1%$89K
Investment income$34K
Other revenue$32K
— government grantsLn 1e$4.0M
Total revenueLn 12$8.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.13 Fundraising $0.08
Program services79%$6.5M
Management & general13%$1.1M
Fundraising8%$691K
Total functional expensesLn 25$8.3M

Balance Sheet

Part X · end of year
CashLn 1$2.3M
Total assetsLn 16$4.8M
Total liabilitiesLn 26$844K
Total net assetsLn 32$4.0M
Months of cash on handcomputed3.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.8M · Operating expenses (Pt IX) $8.3M · Less non-cash grants $167K · Cash operating expenses/yr $8.1M
4.1 months
Where the money goes
Program services
Program services $6.5M · Total expenses $8.3M
79%
Management & General
Management & general $1.1M · Total expenses $8.3M
13%
Fundraising
Fundraising $691K · Total expenses $8.3M
8%
Cost to raise $1
Fundraising expense $691K · Solicited contributions $4.6M
$0.15 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $8.6M · Total revenue $8.7M
98%
Government reliance
Government grants $4.0M · Total revenue $8.7M
45%
Earned-income share
Program service revenue $89K · Total revenue $8.7M
1%
Investment reliance
Investment income $34K · Total revenue $8.7M
0%
Program self-sufficiency
Program service revenue $89K · Total expenses $8.3M
1%
Growth & trend
Revenue growth (YoY)
This year $8.7M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $4.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $8.7M · Expenses $8.3M
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $4.8M
Net-asset ratio
Net assets $4.0M · Total assets $4.8M
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $503K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.8M
10%
People & payroll
Highest Reported Total Compensation
Individual Jeff Pelech Thru 52021 · Reported title CFO · Highest reported compensation $142K · Total expenses $8.3M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $6.1M · Total expenses $8.3M
74%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 13%
Fundraising cost ratio 8%
Investment management fee ratio 0%
Accounting fee ratio 0%

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 · FY2025
Total grants receivedfrom 2 funders$392K

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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$10.7M revenue · ⤓ 990 PDF
FY2023$9.7M revenue · ⤓ 990 PDF
FY2022$8.3M revenue · ⤓ 990 PDF
FY2021$8.7M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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