Future-World Institute
- Assets
- $73.9k
- Revenue
- $2.5k
- Investments
- $8.0k
- Employees
- 0
- Location
- Irving, TX
- Founding
- Data as of
- 11/2023
- EIN
- 87-4155200
Organization Overview
Future-World Institute is located in Irving, TX. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Future-World Institute 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 11/2023, Future-World Institute generated $2.5k in total revenue. All expenses for the organization totaled $6.3k during the year ending 11/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR FINANCIAL LITERACY PROGRAM - IDENTIFIED QUALIFYING INDIVIDUALS AND FOLLOWED THROUGH ENTIRE CYCLE
HEALTHY DIET EDUCATION VIA MEETINGS, SUPPORTING LOCAL BUSINESSES, HOSTING EVENTS AND OTHER ACTIVITITES.
FINANCIAL LITERACY - SERVICES FOR WOMEN BUSINESS OWNERS
MENTORING PROGRAM IN COORDINATION WITH LOCAL NON-PROFITS I.E AAUW .ORG FOUNDATION GEM PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mollie Mossman Executive Dir. | 1 | $1,500 | |
Dan L Dimke Director | 0.33 | $450 | |
Joseph Bush Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,123 |
| Dividends & Interest | $30 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $396 |
| Capital Gain Net Income | $396 |
| Net ST Capital Gain | $396 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,549 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,950 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $229 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $675 |
| Printing and publications | $100 |
| Other expenses | $1,227 |
| Total operating and administrative expenses | $5,531 |
| Contributions, gifts, grants paid | $800 |
| Total expenses and disbursements | $6,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108 |
| Savings and temporary cash investments | $65,730 |
| 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 | $8,036 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1 |
| Total assets | $73,875 |
| 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, Future-World Institute has awarded $800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EDWARD A MILLER PURPOSE: FINANCIAL LITERACY PROGRAM FOR SENIORS | $300 |
CHARLES H FROST PURPOSE: FINANCIAL LITERACY PROGRAM FOR SENIORS | $500 |