Entitled Futures EIN 84-2595535 Form 990 (PDF) Claim this org

Entitled Futures

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Entitled Futures is an education nonprofit based in Oakland, CA, formed in 2019. For fiscal year 2025 it reported $1.6M in revenue, $1.5M in expenses, and $725K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Education
Location
Oakland, CA
Website
www.ef.charity
Filings
3 on file (2019–2025)
Revenue
$1.6MFY2025
Expenses
$1.5M
Net assets
$725K
People
2
Filings
3
Updates
0
More identity details & actions ⌄
EIN  84-2595535 Public charity (501(c)(3)) Oakland, CA Founded 2019
Form 990 (PDF)
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Size
$1–10M
What they do
an education nonprofit
Leadership
Gd Bourelly · Program Manager
Money in and out
$1.6M revenue, $1.5M expenses
Bottom line
63% program efficiency
Where the money goes · FY2025
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$725K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $59K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.33 Fundraising $0.03
Program efficiency
63%
of spending reaches programs
Operating runway
6.0mo
months of highly liquid reserves at operating expense rate▼ -71% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -91% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.6M
FY2025▲ +779%
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$725K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$59K
Total assetsPt X · Ln 16$750K
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $750K of program spending, described in the organization's own filed words · FY2025.
01

Onsite Emotional Wellness Programming

$750Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEntitled Futures
EINHdr · item D84-2595535
Principal addressHdr · item COakland, CA
WebsiteHdr · item Jwww.ef.charity
Year of formationHdr · item L2019
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFAug 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1bpending
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Program Manager
$0Pt VII · Sec A
Managing Partner
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.5M · 96%
Program service revenue$65K · 4%
Contributions & grants96%$1.5M
Program service revenue4%$65K
— government grantsLn 1e$1.5M
Total revenueLn 12$1.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.33 Fundraising $0.03
Program services63%$955K
Management & general33%$502K
Fundraising3%$49K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$750K
Total assetsLn 16$750K
Total liabilitiesLn 26$25K
Total net assetsLn 32$725K
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $750K · Operating expenses/yr $1.5M
6.0 months
Where the money goes
Program services
Program services $955K · Total expenses $1.5M
63%
Management & General
Management & general $502K · Total expenses $1.5M
33%
Fundraising
Fundraising $49K · Total expenses $1.5M
3%
Cost to raise $1
Fundraising expense $49K · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.5M · Total revenue $1.6M
96%
Government reliance
Government grants $1.5M · Total revenue $1.6M
96%
Earned-income share
Program service revenue $65K · Total revenue $1.6M
4%
Investment reliance
Investment income $0 · Total revenue $1.6M
0%
Program self-sufficiency
Program service revenue $65K · Total expenses $1.5M
4%
Growth & trend
Revenue growth (YoY)
This year $1.6M · Prior year $178K
+779%
Net-asset trend (YoY)
End of year $725K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.6M · Expenses $1.5M
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $750K
Net-asset ratio
Net assets $725K · Total assets $750K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $750K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gd Bourelly · Reported title Program Manager · Highest reported compensation $0 · Total expenses $1.5M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $659K · Total expenses $1.5M
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 33%
Fundraising cost ratio 3%
Revenue growth 779%

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 · FY2020
Total grants receivedfrom 1 funder$32K

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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)$1.6M revenue · viewing · ⤓ 990 PDF
FY2024not on file
FY2023not on file
FY2022not on file
FY2021not on file
FY2020$178K revenue · ⤓ 990 PDF
FY2019$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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