Family Futures

Organization Overview

Family Futures is located in Sperryville, VA. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Futures 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, Family Futures generated $157.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $117.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

MY FUTURE ACCOUNTS ARE INDIVIDUAL CUSTODIAL SAVINGS ACCOUNTS FOR STUDENTS THAT GROW IN STEP WITH FINANCIAL KNOWLEDGE AND ACTIVITIES ALIGNED WITH, AND SUPPLEMENTING, STATE-MANDATED COLLEGE AND CAREER PREPARATION FROM KINDERGARTEN THROUGH GRADUATION. BY DECEMBER 2022, THERE 252 SAVINGS ACCOUNTS HAD BEEN SET UP FOR 4 COHORTS OF KINDERGARTENERS. COLLECTIVE DEPOSITS AND INTEREST TOTATLLED $64,320 STUDENTS RECEIVE INDIVIDUAL QUARTERLY BANK STATEMENTS.FINANCIAL EDUCATION ARE GROUP AND INDIVIDUAL ACTIVITIES FOR PARENTS AND OTHER ADULTS TO DEVELOP AND APPLY KNOWLEDGE THAT MAXIMIZES THE VALUE OF INCOME AND ASSETS TO INSURE FINANCIAL STABILITY. FREE FINANCIAL COACHINGWAS PROVIDED FOR INDIVIDUALS IN INDIVIDUAL SESSIONS.; FAMILYFUTURES ALSO PRESENTED A ZOOM TRAINING ON THE NEW CHILD TAX CREDIT RULES AND HELPED INDIVIDUALS CLAIM ECONOMIC IMPACT PAYMENTS FOR WHICH THEY WERE ELIGIBLE.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$156,218
Total Program Service Revenue$0
Membership dues$0
Investment income $1,245
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$157,463

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Family Futures has recieved totaling $21,751.

Awarding OrganizationAmount
Jacquemin Family Foundation Inc

Ashburn, VA

PURPOSE: FAMILY FUTURES MISSION IS TO PROVIDE FINANCIAL EDUCATION, ACCESS AND TOOLS TO RESIDENTS OF RAPPAHANNOCK COUNTY

$10,000
Mightycause Charitable Foundation

Marianna, FL

PURPOSE: UNRESTRICTED

$9,169
Harry And Zoe Poole Foundation

Fairfax, VA

PURPOSE: GRADUATE ARE FINANCIALLY CAPABLE AND PERSONALLY RESPONSIBLE

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$82
View Grant Recipient Profile

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