Unlocking Futures Inc
- Assets
- $104.8k
- Revenue
- $291.5k
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- 12/1990
- Data as of
- 12/2021
- EIN
- 13-3533428
Organization Overview
Unlocking Futures Inc, operating under the name Formerly-New York Youth At Risk, is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Formerly-New York Youth At Risk employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Formerly-New York Youth At Risk is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Formerly-New York Youth At Risk generated $291.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $278.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMBATS JUVENILE DELINQUENCY, SUBSTANCE ABUSE AND UNEMPLOYMENT AMONG AT-RISK TEENAGE YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WARRIOR'S WAY - A PROGRAM FOR MIDDLE SCHOOL AGED BOYS WHO DO NOT HAVE A FATHER FIGURE IN THE HOME, THE GOALS OF THE PROGRAM INCLUDE PREVENTING INCARCERATION AND TEACHING THE PARTICIPANTS TO BERESPONSIBLE PEOPLE IN THEIR COMMUNITIES.WOMEN TO WOMEN- NINE MONTH PROGRAM WHICH SEEKS TO EMPOWER YOUNG WOMEN WITH THE ABILITY TO OVERCOME OBSTACLES AND DEVELOP A MINDSET OF SUCCESS AND INDEPENDENCE.WORLD LEADERS - A CO-ED PROGRAM WHICH PROVIDES STUDENTS WHO ARE POTENTIAL LEADERS BUT ARE DISPLAYING DISRUPTIVE BEHAVIOR AND DECLINING ACADMEIC PROFICIENCY WITH UNIQUE TRANSFORMATIONAL CURRICULUM AND MENTORSHIP.CO-PARENTING - A PROGRAM DESIGNED TO HELP YOUNG FATHERS AND MOTHERS, AGES 16-25, BECOME MATERIALLY RESPONSIBLE AND EMOTIONALLY ENGAGED IN THEIR CHILDREN'S LIVES.QUANTUM LEAP - PROGRAM FOR MALE AND FEMALE STUDENTS FOCUSES ON DEVELOPMENT IN THREE AREAS, EDUCATION, COMMUNITY SERVICE, AND LIFE-SKILL DEVELOPMENT. THIS PROGRAM EMPOWERS STUDENTS TO MAKE A QUANTUM LEAP TOWARDS THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudette Faison Executive Director | Officer | 40 | $101,078 |
Matthew Schoen Co-Chair | OfficerTrustee | 5 | $0 |
Pat Sweeting Secretary | OfficerTrustee | 5 | $0 |
Alan Haines Treasurer | OfficerTrustee | 5 | $0 |
Maggie Weiss Co-Chair | OfficerTrustee | 5 | $0 |
Michael Hirschberg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $74,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $196,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $271,412 |
| Total Program Service Revenue | $20,042 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $104,978 |
| Compensation of current officers, directors, key employees. | $5,054 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,008 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,700 |
| Advertising and promotion | $0 |
| Office expenses | $16,275 |
| Information technology | $2,093 |
| Royalties | $0 |
| Occupancy | $1,807 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,720 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,935 |
| All other expenses | $0 |
| Total functional expenses | $278,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,377 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $221 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $220 |
| Total assets | $104,818 |
| Accounts payable and accrued expenses | $12,220 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $91,625 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $63,700 |
| Total liabilities | $167,545 |
| Net assets without donor restrictions | -$80,473 |
| Net assets with donor restrictions | $17,746 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $104,818 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Unlocking Futures Inc has recieved totaling $47,119.
| Awarding Organization | Amount |
|---|---|
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $35,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $10,619 |
The Berger Mittleman Family Foundation New York, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $1,000 |
Making A Difference Foundation Midvale, UT PURPOSE: PROGRAM TRAINING | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Covenant House New York, NY | $156,506,513 | $87,221,273 |
Youth Advocate Programs Inc Harrisburg, PA | $43,486,321 | $83,502,845 |
Pressley Ridge Pittsburgh, PA | $38,238,031 | $71,658,870 |
Astor Services For Children & Families Rhinebeck, NY | $27,182,642 | $67,060,321 |
The Home For Little Wanderers Inc Boston, MA | $134,209,377 | $50,883,486 |
The Door - A Center Of Alternatives Inc New York, NY | $65,166,795 | $30,494,046 |
Parsons Child & Family Center Albany, NY | $44,937,796 | $54,919,831 |
Cen Clear Child Services Inc Bigler, PA | $37,896,823 | $46,371,911 |
Adelphoi Village Inc Latrobe, PA | $22,442,616 | $43,995,520 |
A Second Chance Inc Pittsburgh, PA | $8,840,755 | $40,388,974 |
Silver Springs Martin Luther School Plymouth Meeting, PA | $35,019,600 | $42,003,118 |
Key Program Incorporated Framingham, MA | $22,606,194 | $38,919,739 |