Future Economy Collective
- Assets
- $9.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blacksburg, VA
- Founding
- 11/2018
- Data as of
- 07/2024
- EIN
- 83-1665055
Organization Overview
Future Economy Collective is located in Blacksburg, VA. The organization was established in 2018. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Future Economy Collective 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 07/2024, Future Economy Collective generated $25.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.3%) each year. All expenses for the organization totaled $39.1k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Mccargo Director | 4 | $0 | |
Mathias Baker Secretary | 8 | $0 | |
Abram Lee Treasurer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,550 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,185 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $30,603 |
| Printing, publications, postage, and shipping | $150 |
| Other expenses | $1,787 |
| Total expenses | $39,103 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,642 |
| Other assets | $0 |
| Total assets | $9,642 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,642 |