Futures Restored INC FY2021 filing

Washington, DCUnknown exempt organization EIN 87-2754606Revenue $285K in FY2021Latest return filed Oct 16, 2023

On file with the IRS1747 Pennsylvania Ave Nw Suite 1000 · Washington, DC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

To support measures for criminal justice reform including legislation for the protection of sealed records.

75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $99K a year · 26% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$285K
Spent
$221K
To programs
75%
Net assets
$64K
By yearFY2021–FY2022
Revenue
$285K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$285K
FY2022$484K
Expenses
$221K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$221K
FY2022$351K
Net assets
$64K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$64K
FY2022$133K

From the FY2021 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $166K Management & general 25% · $54K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
See Futures Restored INC executive salaries →

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 15aNo

Programs and updates

Advocates for criminal justice reform, focusing on protecting sealed records through legislation.

Questions for Futures Restored INC

Tap to ask. Futures Restored INC sees how many people are interested.

Your first name shows with your question. Futures Restored INC answers here, for everyone.

1 program · $166K · in their own filed words · FY2021
01

Lobbying efforts to support criminal justice reform. Polled the public concerning criminal justice issues and analyzed the data.

$166Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$285K
Ln 12
Gifts and grantsLn 1h$285K
Money outPt IX
$221K
Ln 25
Programscol B$166K
Managementcol C$54K
Owns and owesPt X
$64K
net assets · Ln 32
Cash and savingsLn 1–2$64K
Total assetsLn 16$64K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$285K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Total revenueLn 12$285K
Assets in detailPt X, end of year
CashLn 1$64K
SavingsLn 2$0
Cash and savings togetherLn 1–2$64K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$64K
LiabilitiesLn 26$0
Net assetsLn 32$64K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$0$64K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$0$64K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$64K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$42K$0$42K$0
Legal feesLn 11b$11K$0$11K$0
Accounting feesLn 11c$346$0$346$0
Lobbying feesLn 11d$150K$150K$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$16K$16K$0$0
Total functional expensesLn 25$221K$166K$54K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 LatestFiled with the IRS Oct 16, 2023 $484K$351K$133K$133K 990 PDF
FY2021 ViewingFiled with the IRS May 17, 2022 $285K$221K$64K$64K 990 PDF

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 $285,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$285,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $0$285,000
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$220,655
I-18 Total expensesPrior year $0$220,655
I-19 Revenue less expensesPrior year $0$64,345
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $285,000 across 13 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$285,000
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$285,000
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$285,000
Part IX · Statement of functional expenses $220,655 across 7 lines filed
IX-11a Management feesPrograms $0 · Management $42,500 · Fundraising $0$42,500
IX-11b Legal feesPrograms $0 · Management $11,459 · Fundraising $0$11,459
IX-11c Accounting feesPrograms $0 · Management $346 · Fundraising $0$346
IX-11d Lobbying feesPrograms $150,350 · Management $0 · Fundraising $0$150,350
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $16,000 · Management $0 · Fundraising $0$16,000
IX-25 Total functional expensesPrograms $166,350 · Management $54,305 · Fundraising $0$220,655
Part X · Balance sheet $64,345 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $0$64,345
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $0$64,345
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$64,345
X-33 Total liabilities and net assetsStart of year $0$64,345
Part XI · Reconciliation of net assets $64,345 net assets at year end
XI-1 Total revenue$285,000
XI-2 Total expenses$220,655
XI-3 Revenue less expenses$64,345
XI-4 Net assets at start of year$0
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$64,345

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.