Futuro Health
- Assets
- $110.0m
- Revenue
- $860.9k
- Investments
- $0.0
- Employees
- 18
- Location
- Sacramento, CA
- Founding
- Data as of
- 12/2021
- EIN
- 84-3847958
Organization Overview
Futuro Health is located in Sacramento, CA. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Futuro Health employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Futuro Health 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 12/2021, Futuro Health generated $860.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.3%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GRADUATE 10,000 NEW LICENSED AND/OR CREDENTIALED ALLIED HEALTHCARE WORKERS IN CALIFORNIA BY 2024.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STARTING IN CALIFORNIA AND SCALING UP ACROSS THE NATION, FUTURO HEALTH'S EDUCATION-TO-WORK MODEL SUPPORTS CANDIDATES THROUGH CAREER EXPLORATION AND COACHING, EDUCATION FINANCING, AND DETERMINING THE BEST PATHWAY TOWARD CREDENTIAL OR LICENSURE ATTAINMENT. ONCE STUDENTS COMPLETE PROGRAMS AND RECEIVE THEIR CREDENTIALS, WE HELP THEM TRANSITION INTO HIGH-DEMAND ALLIED HEALTHCARE JOBS WHILE PROVIDING BUSINESSES WITH A HIGH-QUALITY WORKFORCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Van Ton-Quinlivan CEO | Officer | 40 | $262,514 |
Anthony Dalton VP & Chief Data Scientist | Officer | 40 | $213,386 |
Nita Patel Senior Director Of Hr/finance | 40 | $133,509 | |
Alan Chan Director Of Data Science | 40 | $127,267 | |
Helen Fairchild VP Programs (start 05/21) | 40 | $108,192 | |
Steven Mendoza Application Development Mgr | 40 | $107,127 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Snarful Solutions Group Program Services | 12/30/21 | $117,188 |
Applied Learning Science Program Development | 12/30/21 | $349,590 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $414,460 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $414,460 |
| Total Program Service Revenue | $387,954 |
| Investment income | $57,032 |
| 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 | $860,894 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $13,226,396 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $580,426 |
| Compensation of current officers, directors, key employees. | $494,355 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,166,628 |
| Pension plan accruals and contributions | $30,022 |
| Other employee benefits | $347,424 |
| Payroll taxes | $120,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,423 |
| Fees for services: Accounting | $130,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $355,564 |
| Advertising and promotion | $25,043 |
| Office expenses | $31,292 |
| Information technology | $208,340 |
| Royalties | $0 |
| Occupancy | $31,550 |
| Travel | $10,387 |
| 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 | $12,794 |
| Insurance | $69,749 |
| All other expenses | $2,986 |
| Total functional expenses | $16,380,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $805,880 |
| Savings and temporary cash investments | $75,053,038 |
| Pledges and grants receivable | $32,500,000 |
| Accounts receivable, net | $1,017,077 |
| 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 | $584,198 |
| Net Land, buildings, and equipment | $56,991 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $110,017,184 |
| Accounts payable and accrued expenses | $1,142,024 |
| 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 | $1,142,024 |
| Net assets without donor restrictions | $76,375,160 |
| Net assets with donor restrictions | $32,500,000 |
| 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 | $110,017,184 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Futuro Health has recieved totaling $32,500,000.
| Awarding Organization | Amount |
|---|---|
East Bay Community Foundation Oakland, CA PURPOSE: GROWING THE LARGEST NETWORK OF CREDENTIALED ALLIED HEALTHCARE WORKERS | $32,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Queen Emma Land Company Honolulu, HI | $818,713,914 | $96,602,419 |
Supporting Initiatives To Redistribute Unused Medicine-Sirum Palo Alto, CA | $28,261,669 | $36,792,276 |
M A C T Health Board Incorporated Angels Camp, CA | $53,645,952 | $30,568,229 |
On Lok Inc San Francisco, CA | $19,946,932 | $17,376,209 |
Community Health Alliance Of Pasadena Pasadena, CA | $18,827,487 | $24,947,791 |
Bestcare Treatment Services Inc Redmond, OR | $14,991,372 | $25,871,853 |
Another Joy Foundation 1 Las Vegas, NV | $385,078 | $10,750 |
Health Current Phoenix, AZ | $23,747,319 | $33,338,747 |
Futuro Health Sacramento, CA | $110,017,184 | $860,894 |
Weave Inc Sacramento, CA | $13,914,949 | $13,834,479 |
California Housing Foundation Redlands, CA | $127,602,722 | $11,460,522 |
Medic Alert Foundation United States Inc Turlock, CA | $13,450,917 | $8,673,816 |