EIN 46-2986201

Future 5

IRS 501(c) type
501(c)(3)
Num. employees
25
Year formed
2013
Most recent tax filings
2022-06-01
Description
Future 5, Inc. Helps motivated, under-resourced students in stamford connect to their full potential leading to independence and productive citizenship.
Total revenues
$1,897,428
2022
Total expenses
$1,569,767
2022
Total assets
$2,567,154
2022
Num. employees
25
2022

Program areas at Future 5

Here to there: is the Future 5 character building program that is a requirement for all high school students to be considered a Future 5 member and be eligible for all other general membership benefits. Students meet weekly for a 6 week workshop to define and discuss short and long term goals and address obstacles ("gremlins") that stand in the way of reaching them: how do you get from "here to there"? Working in small groups, students and coaches discuss specific steps students can take to navigate these obstacles. Additional topics include commitment, success, grit/resilience and self advocacy. In the last session, students meet with an individual coach to devise a "game plan" for success. All other membership privileges become available to students upon graduation from this workshop: academic support, brainwave, enrichment activities, general membership support as accessed and/or needed (food, student emergencies, ambassador program, etc.). Future 5 served 209 high school students.
College success: Future 5's college success program ensures our students thrive during their college journey by connecting them to the people and resources they need to ensure college progression and secure a pathway to reach their early career goals. The focus of the college success program is to provide students with a multi-layered network of academic, financial, social/emotional and career support as our students navigate their college years. With the advent of colleges closing campuses, Future 5 found additional office space to host this program in house. 147 students participated in this program.
College prep: a year round program that guides high school seniors and juniors through the entire college search process. This workshop is staff led and formally meets between 1-2 hours per week for seniors and 2 hours monthly for juniors from january through may with volunteer support.accomplishments: 1) 100% high school graduation2) # served: 92 high school juniors & seniors participated in this program3) 289 college acceptances to 92 colleges and universities4) 93% of senior members participating in college prep committing to college; 4% military with 3% committing to trade/other5) helped students acquire over $675,000 in institutional aid and scholarship assistance
Job prep: a weekly workshop that meets january through april that focuses on "soft skills" (handshake, eye contact, first impression), "elevator pitch", career exploration, mock interviews, conflict resolution, resume preparation, job application and follow up procedures. Students are paired with coaches for a variety of role-playing scenarios. Students who complete job prep are given business cards, a letter of recommendation and copies of their resumes. Community service: our members connect to the community, develop a sense of civic responsibility, and learn the joys of giving to others. Future 5 students participated in a beautification project for kosciuszko park and collaborated with other community initiatives including wheel it forward, pollinator pathway of stamford, ari and person to person (to name a few).

Who funds Future 5

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Carey Family FoundationGeneral Use$250,502
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$167,300
Herbert and Nell Singer FoundationFuture 5@college - Post Secondary School Support Program$95,000
...and 38 more grants received totalling $928,527

Personnel at Future 5

NameTitleCompensation
Rachel DeweyExecutive Director$104,000
Andrei SaundersSecretary$0
John BonoraTreasurer$0
Lindsay ValkVice Chairman$0
Christopher D. WrightChairman$0
...and 1 more key personnel

Financials for Future 5

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,918,967
Program services$0
Investment income and dividends$3,507
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$395
Net income from fundraising events$-25,441
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,897,428

Form 990s for Future 5

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-14990View PDF
2019-062020-10-05990View PDF
2018-062019-06-19990View PDF
2017-062018-10-16990View PDF
2016-062017-04-19990View PDF
...and 2 more Form 990s
Data update history
May 25, 2023
Updated personnel
Identified 3 new personnel
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Hennessy Foundation
September 27, 2022
Used new vendors
Identified 1 new vendor, including
August 2, 2022
Received grants
Identified 6 new grant, including a grant for $25,000 from Pricewaterhousecoopers Charitable Foundation (PCCF)
June 1, 2022
Updated personnel
Identified 19 new personnel
Nonprofit Types
Youth development programsYouth service charitiesCharities
Issues
Human servicesChildren
Characteristics
Fundraising eventsState / local levelCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
135 Atlantic St
Stamford, CT 06901
Metro area
Bridgeport-Stamford-Norwalk, CT
County
Fairfield County, CT
Website URL
futurefive.org/ 
Phone
(203) 358-8787
IRS details
EIN
46-2986201
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
O50: Youth Development Programs, Other
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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