Future Heights
- Assets
- $110.5k
- Revenue
- $389.6k
- Investments
- $0.0
- Employees
- 7
- Location
- Cleveland Heights, OH
- Founding
- 07/2002
- Data as of
- 12/2020
- EIN
- 34-1948426
Organization Overview
Future Heights is located in Cleveland Heights, OH. The organization was established in 2002. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Future Heights employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Heights 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 12/2020, Future Heights generated $389.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $365.1k during the year ending 12/2020. While expenses have increased by 5.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
FUTUREHEIGHTS SERVES TO ENSURE A VIBRANT AND SUSTAINABLE FUTURE FOR CLEVELAND HEIGHTS AND UNIVERSITY HEIGHTS. WE WORK AS CHANGE AGENTS BY INSPIRING AND FACILITATING COMMUNICATION, COLLABORATION, ENGAGEMENT AND EMPOWERMENT AMONG OUR RESIDENTS, BUSINESSES, OTHER COMMUNITY-BASED ORGANIZATIONS AND LOCAL GOVERNMENT. PUBLIC FORUMS, VOTER EDUCATION, THE HEIGHTS OBSERVER COMMUNITY NEWSPAPER, HISTORIC NEIGHBORHOOD TOURS, VOLUNTEER OPPORTUNITIES, PRESERVATION AND COMMUNITY PLANNING EDUCATION, SHOP LOCAL ADVOCACY, COMMUNITY PARTNERSHIPS, AND MORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 PROGRAM ACCOMPLISHMENTS VOLUNTEERS: - FUTUREHEIGHTS UTILIZED 95 VOLUNTEERS IN 2021 INCLUDING BOARD MEMBERS, COMMITTEE MEMBERS, COMMUNITY FORUM VOLUNTEERS, HEIGHTS OBSERVER DELIVERY VOLUNTEERS, AND HEIGHTS MUSIC HOP VOLUNTEERS FUTUREHOMES PROGRAM - COMPLETED SIX REHABS AND SOLD TO OWNER-OCCUPANTS - ACQUIRED ANOTHER FIVE HOMES FOR INCLUSION INTO THE PROGRAM THAT WILL BE COMPLETED IN 2022 - BEGAN DISCUSSIONS WITH DEVELOPER TO BEGIN INFILL HOUSING CONSTRUCTION COMMUNITY AND CIVIC ENGAGEMENT - COORDINATED FOUR COMMUNITY FORUMS, PRECEDED BY COMMUNITY SURVEYS ON RELEVANT TOPICS - TRAINED SIX GRADUATES, FROM FIVE NEIGHBORHOODS THROUGH THE NEIGHBORHOOD LEADERSHIP TRAINING WORKSHOP SERIES - AWARDED FUNDS TO THIRTEEN PROJECTS IN EIGHT NEIGHBORHOODS THROUGH THE FUTUREHEIGHTS NEIGHBORHOOD MINI GRANTS PROGRAM, IN PARTNERSHIP WITH THE CEDARS LEGACY FUND BUSINESS DEVELOPMENT - HELD TWO WORKSHOPS AND PROVIDED INDIVIDUAL TECHNICAL ASSISTANCE FOR SMALL BUSINESSES, WITH A FOCUS ON MINORITY AND FEMALE-OWNED BUSINESSES. PUBLISHED THE ANNUAL HEIGHTS OBSERVER "HOLIDAY SHOPPING GUIDE" FEATURING AND PROMOTING GOODS AND SERVICES OFFERED BY SMALL LOCAL BUSINESSES. PLANNING AND DEVELOPMENT - CONTINUED COORDINATING ACTIVITIES OF THE SEVERANCE ACTION GROUP (SAG), WHICH IS A SUBCOMMITTEE OF FUTUREHEIGHTS' PLANNING AND DEVELOPMENT COMMITTEE FOCUSED ON THE RESPONSIBLE AND TIMELY REDEVELOPMENT OF THE UNDER-UTILIZED SEVERANCE MALL SITE. - CONTINUED COORDINATING ACTIVITIES RELATED TO THE PLANNING AND DEVELOPMENT OF THE NOBLE TRIANGLE SITE-AND UNDER-UTILIZED SITE LARGELY OWNED BY THE CITY AT THE GATEWAY TO THE NOBLE NEIGHBORHOOD IN CLEVELAND HEIGHTS.
HEIGHTS OBSERVER PUBLISHED MONTHLY PRINT EDITIONS AND WEEKLY ELECTRONIC EDITIONS OF THE HEIGHTS OBSERVER. WAS NAMED THE "BEST NON-DAILY NEWSPAPER IN OHIO" BY THE CLEVELAND PRESS CLUBS ALL-OHIO EXCELLENCE IN JOURNALISM AWARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deanna Bremer Fisher Executive Di | Officer | 40 | $71,143 |
Julie Sabroff President | OfficerTrustee | 4 | $0 |
Robert Brown President Em | OfficerTrustee | 3 | $0 |
Rhonda Davis Lovejoy Vice Preside | OfficerTrustee | 3 | $0 |
Thomas Eastman Treasurer | OfficerTrustee | 3 | $0 |
Chris Jacobs Vice Preside | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,518 |
| Fundraising events | $9,955 |
| Related organizations | $0 |
| Government grants | $151,835 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,873 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $239,181 |
| Total Program Service Revenue | $147,436 |
| Investment income | $18 |
| 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 | $389,637 |
| 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. | $66,378 |
| Compensation of current officers, directors, key employees. | $16,595 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,038 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,396 |
| Payroll taxes | $15,997 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,382 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,800 |
| Advertising and promotion | $2,590 |
| Office expenses | $14,055 |
| Information technology | $1,585 |
| Royalties | $0 |
| Occupancy | $6,903 |
| Travel | $3,392 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,362 |
| All other expenses | $21,021 |
| Total functional expenses | $365,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,707 |
| Savings and temporary cash investments | $3,811 |
| Pledges and grants receivable | $8,946 |
| Accounts receivable, net | $1,888 |
| 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 | $1,100 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,452 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,171 |
| Total liabilities | $8,171 |
| Net assets without donor restrictions | $101,721 |
| Net assets with donor restrictions | $560 |
| 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 | $110,452 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Future Heights has recieved totaling $42,449.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $25,049 |
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $8,500 |
In Our Backyards Inc Brooklyn, NY PURPOSE: FUNDING FOR THE NOBLE-ITY PROJECT | $6,107 |
The Char And Chuck Fowler Family Foundation Mayfield Heights, OH PURPOSE: HEIGHTS MUSIC HOP 2021 | $2,500 |
The Leonetti-Carlson Family Foundation Cleveland Heights, OH PURPOSE: GENERAL OPERATIONS | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $93 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Historical Society Columbus, OH | $7,345,353 | $25,940,986 |
Franklin County Historical Society Columbus, OH | $23,539,656 | $19,471,266 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
Indiana Historical Society Indianapolis, IN | $152,627,726 | $15,739,974 |
Sunset Memorial Park Association North Olmsted, OH | $79,187,854 | $7,193,716 |
Historic Landmarks Foundation Of Indiana Inc Indianapolis, IN | $92,679,775 | $11,879,556 |
Cuyahoga Valley Preservation And Scenic Railway Association Peninsula, OH | $11,093,810 | $8,580,241 |
Western Reserve Historical Society Cleveland, OH | $45,747,344 | $9,269,565 |
Stan Hywet Hall & Gardens Inc Akron, OH | $11,720,685 | $5,111,685 |
Eastern State Penitentiary Historic Site Inc Philadelphia, PA | $22,218,980 | $7,181,696 |
Arlington Memorial Gardens Assoc Inc Cincinnati, OH | $20,107,883 | $6,307,939 |
Hudson Library & Historical Society Hudson, OH | $7,551,433 | $4,693,628 |