Future Leaders In Action Inc is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Leaders In Action Inc 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 03/2024, Future Leaders In Action Inc generated $247.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $284.2k during the year ending 03/2024. While expenses have increased by 8.8% per year over the past 9 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWSHIP PROGRAM - THE ORGANIZATION PLACES FELLOWS IN YOUTH-ORIENTATED NONPROFIT ORGANIZATIONS TO IMPLEMENT ENRICHMENT PROGRAMS WHICH CULTIVATE THEIR LEADERSHIP SKILLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Lorenzana Board Member | 1.5 | $0 | |
Juan J Ramirez Board Member | 1.5 | $0 | |
Allison White Board Member | 1.5 | $0 | |
Clare Connaughton Board Member | 1.5 | $0 | |
Paola Munoz Rojas Board Member | 1.5 | $0 | |
Andrea Bell Interim Treasurer | 1.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $247,775 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $247,775 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $73,500 |
Other employee salaries and wages | $141,264 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $19,590 |
Depreciation | $260 |
Occupancy | $586 |
Travel, conferences, and meetings | $16,401 |
Printing and publications | $136 |
Other expenses | $20,517 |
Total operating and administrative expenses | $284,171 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $284,171 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,382 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $1,790 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $584 |
Other assets | $0 |
Total assets | $19,756 |
Accounts payable and accrued expenses | $904 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $904 |