Summit Future Foundation
- Assets
- $204.0k
- Revenue
- $673.3k
- Investments
- $0.0
- Employees
- 26
- Location
- Kansas City, MO
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-3005164
Organization Overview
Summit Future Foundation is located in Kansas City, MO. The organization was established in 2019. As of 12/2022, Summit Future Foundation employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Summit Future Foundation 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 12/2022, Summit Future Foundation generated $673.3k in total revenue. All expenses for the organization totaled $584.6k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE EMPOWER YOUTH AND YOUNG ADULTS WITH DEVELOPMENTAL DISABILITIES TO ACHIEVE A MEANINGFUL LIFE IN THEIR COMMUNITY. WE ARE A COMPREHENSIVE SERVICE PROVIDER, ASSISTING INDIVIDUALS, SUPPORTING FAMILIES, AND COLLABORATING IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILL DEVELOPMENT - FOR THOSE WHO ARE INTERESTED IN SUPPORTING THEIR CHILD IN GAINING THE PERSONAL SKILLS THEY NEED TO LIVE THEIR MOST INDEPENDENT LIFE POSSIBLE OUR SKILL DEVELOPMENT PROGRAMS ARE PROVIDED IN THE HOME, AND IN THE COMMUNITY, BY ONE OF OUR HIGHLY TRAINED SUPPORT PROFESSIONALS, AND FOCUSES ON SKILL ACQUISITION, TO ASSIST THEIR CHILD IN ACHIEVING MAXIMUM INDEPENDENCE IN THE HOME AND COMMUNITY-BASED SETTINGS. WE SAW 70 INDIVIDUALS INCREASE THEIR PERSONAL INDEPENDENCE AND 64 TEENS AND ADULTS ENGAGED IN INCLUSIVE AND COMMUNITY BASED SOCIAL AND RECREATIONAL ACTIVITIES IN 2022.
SUPPORTED EMPLOYMENT - SUMMIT FUTURE FOUNDATION PROVIDES CUSTOMIZED EMPLOYMENT TRAINING SERVICES TO INDIVIDUALS 16+. PARTICIPANTS WILL LEARN VITAL JOB READINESS SKILLS. ADDITIONALLY, OUR SUPPORTED EMPLOYMENT PROGRAMS ASSIST INDIVIDUALS IN SEEKING EMPLOYMENT, OBTAINING EMPLOYMENT AND PROVIDES ONGOING JOB COACHING SUPPORT TO FACILITATE SUCCESSFUL EMPLOYMENT. DURING 2022, 6 INDIVIDUALS WERE SUPPORTED IN OBTAINING NEW EMPLOYMENT IN THE COMMUNITY AND SUPPORTED 13 INDIVIDUALS IN MAINTAINING INCLUSIVE EMPLOYMENT.
WATCH ME THRIVE - OUR SIGNATURE YOUTH DEVELOPMENT PROGRAM IS CHANGING THE WAY FAMILIES PREPARE FOR THE CHILDS FUTURE. THIS INNOVATIVE PROGRAM PROVIDES TEENS AND YOUNG ADULTS THE OPPORTUNITY TO DEVELOP THEIR JOB READINESS SKILLS THROUGH ENGAGEMENT IN VOLUNTEER AND INTERNSHIP OPPORTUNITIES. WHILE THEIR CHILD DEVELOPS THEIR OWN SKILLS, FAMILIES ARE SUPPORTED IN TRANSITION PLANNING THROUGH OUR PARENT MENTORING PROGRAM. THE RESULT IS FAMILIES WHO ARE BETTER PREPARED FOR LIFE AFTER SCHOOL-BASED SERVICES. DURING 2022, 19 TEENS WERE SUPPORTED IN GAINING WORK READINESS SKILLS AND THEIR FAMILIES WERE GUIDED IN THE PROCESS OF CREATING AN ACTIONABLE TRANSITION PLAN FOR THEIR CHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cassidi Jobe Executive Director | OfficerTrustee | 40 | $77,717 |
Candace Cunningham Board Member | Trustee | 1 | $0 |
Heather Wong Board Member | Trustee | 1 | $0 |
Lisa Nixon Board Member | Trustee | 1 | $0 |
Alice Blyth Board Vice President | OfficerTrustee | 2 | $0 |
Dan Matthews Board President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $86,770 |
| Related organizations | $0 |
| Government grants | $3,227 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,175 |
| Noncash contributions included in lines 1a–1f | $1,652 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,172 |
| Total Program Service Revenue | $552,406 |
| 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 | -$10,229 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $673,349 |
| 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. | $82,405 |
| Compensation of current officers, directors, key employees. | $53,075 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $267,161 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,094 |
| Payroll taxes | $26,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5 |
| Fees for services: Accounting | $4,587 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,103 |
| Advertising and promotion | $13,338 |
| Office expenses | $422 |
| Information technology | $7,705 |
| Royalties | $0 |
| Occupancy | $40,266 |
| Travel | $21,914 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,770 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,503 |
| Insurance | $10,728 |
| All other expenses | $25,273 |
| Total functional expenses | $584,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,690 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,572 |
| 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 | $9,394 |
| Net Land, buildings, and equipment | $34,363 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $204,019 |
| Accounts payable and accrued expenses | $23,952 |
| 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 | $0 |
| Total liabilities | $23,952 |
| Net assets without donor restrictions | $178,471 |
| Net assets with donor restrictions | $1,596 |
| 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 | $204,019 |