Academy Foundation For The Future
- Assets
- $203.2k
- Revenue
- $242.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Draper, UT
- Founding
- Data as of
- 12/2021
- EIN
- 84-4195477
Organization Overview
Academy Foundation For The Future is located in Draper, UT. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Academy Foundation For The Future 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, Academy Foundation For The Future generated $242.4k in total revenue.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF FUNDS TO OTHER IRC SECTION 501(C)(3) CHARITIES
ENGAGE IN ACTIVITIES WHICH ALLEVIATE SUFFERING OF THE POOR, DISTRESSED, AND UNDERPRIVILEGED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimber Ernsten Vice Preside | 1 | $0 | |
Michael Huber Secretary | 2 | $0 | |
Diana Cannell Director | 1 | $0 | |
Michael Jensen Director | 1 | $0 | |
James E Mac Pherson President | 1 | $0 | |
Gregory C Brown Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $222,780 |
| 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 | $19,652 |
| Total Revenue | $242,432 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,043 |
| Total operating and administrative expenses | $5,043 |
| Contributions, gifts, grants paid | $34,201 |
| Total expenses and disbursements | $39,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $203,225 |
| 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 | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $203,225 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Academy Foundation For The Future has awarded $34,201 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Raleigh, NC PURPOSE: TO FURTHER EXEMPT PURPOSE | $24,171 |
BOYS & GIRLS CLUB OF THE NO VALLEY PURPOSE: TO FURTHER EXEMPT PURPOSE | $10,030 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Academy Foundation For The Future has recieved totaling $5,400.
| Awarding Organization | Amount |
|---|---|
Kessler Family Foundation Draper, UT PURPOSE: TO FURTHER EXEMPT PURPOSE | $5,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Las Sendas Community Association Scottsdale, AZ | $18,217,968 | $6,434,720 |
Summerlin West Community Association Las Vegas, NV | $6,649,685 | $7,076,582 |
First Nations Oweesta Corporation Longmont, CO | $63,460,575 | $8,550,611 |
Mountains Edge Master Association Las Vegas, NV | $9,260,350 | $5,716,442 |
Telluride Mountain Village Owners Association Mountain Village, CO | $58,036,746 | $18,777,626 |
Cplc New Mexico Inc Phoenix, AZ | $8,008,132 | $5,703,819 |
Viridian Residential Association Scottsdale, AZ | $3,949,158 | $4,903,376 |
Vistancia Village A Community Association Scottsdale, AZ | $3,845,113 | $4,265,306 |
Centerra Public Improvement Collection Corporation Loveland, CO | $379,662 | $2,826,725 |
Downtown Phoenix Partnership Inc Phoenix, AZ | $1,235,093 | $3,711,813 |
Community Investment Fund Inc Denver, CO | $0 | $3,467,524 |
The Neighbourhoods At Keystone Keystone, CO | $12,486,936 | $4,627,303 |