E4 Thefuture
E4 Thefuture: Declining Assets and Revenue Volatility Raise Concerns
EIN: 222547170 · Franklin, MA · NTEE: C350 · Updated: 2026-04-04
About E4 Thefuture
E4 Thefuture (EIN: 222547170) is a nonprofit organization based in Franklin, MA, classified under NTEE code C350. The organization reported total revenue of $3.5M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of E4 Thefuture's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates E4 Thefuture with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, E4 Thefuture allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, which is unusual and warrants further inquiry to understand the true compensation structure for key personnel.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of E4 Thefuture's IRS 990 filings:
- Significant and consistent decline in total assets over several years, from $29,356,801 in 2017 to $7,358,149 in 2023.
- Highly volatile revenue streams, with a peak of $3,527,211 in 2023 but also lows like $136,236 in 2022.
- Reporting 0% compensation for all highest-paid individuals across multiple years raises questions about transparency and actual compensation practices.
- Expenses consistently exceed revenue in most years, for example, $3,700,285 in expenses vs. $2,923,733 in revenue in 2023, indicating a reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for E4 Thefuture:
- Despite financial challenges, the organization has maintained operations for several years.
- The organization has shown periods of significant revenue growth, such as from $136,236 in 2022 to $2,923,733 in 2023.
Frequently Asked Questions about E4 Thefuture
What does E4 Thefuture do?
E4 Thefuture is a nonprofit organization in the Environment sector, located in Franklin, Massachusetts. It is classified under NTEE code C350.
How much revenue does E4 Thefuture have?
E4 Thefuture reported total revenue of $3,527,211. Based on 13 IRS 990 filings on record.
What are E4 Thefuture's total assets?
E4 Thefuture holds total assets of $7,358,149 as reported in IRS 990 filings.
Where is E4 Thefuture located?
E4 Thefuture is based in Franklin, Massachusetts.
What is E4 Thefuture's EIN?
E4 Thefuture's Employer Identification Number (EIN) is 222547170. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is E4 Thefuture?
E4 Thefuture is classified under NTEE code C350 (Environment).
Is E4 Thefuture a registered 501(c)(3)?
Yes, E4 Thefuture is recognized as a tax-exempt organization by the IRS. EIN: 222547170.
Does E4 Thefuture file IRS Form 990?
Yes, E4 Thefuture has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was E4 Thefuture's revenue in 2023?
In the 202312 filing period, E4 Thefuture reported total revenue of $2,923,733, total expenses of $3,700,285, and net assets of $10,694,597.
Is E4 Thefuture's revenue growing or declining?
E4 Thefuture's revenue is growing. Revenue went from $136,236 (202212) to $2,923,733 (202312), a +2046.1% change. Based on 13 filings on record.
What is E4 Thefuture's most recent 990 filing?
The most recent IRS Form 990 filing for E4 Thefuture covers tax period 202312. It shows revenue of $2,923,733, expenses of $3,700,285, total assets of $10,694,597, and liabilities of $578,292.
How much does E4 Thefuture spend on programs vs administration?
Based on IRS 990 analysis, E4 Thefuture allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is E4 Thefuture a trustworthy charity?
Based on AI analysis of IRS 990 data, E4 Thefuture shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for E4 Thefuture?
The following concerns were identified: Significant and consistent decline in total assets over several years, from $29,356,801 in 2017 to $7,358,149 in 2023.. Highly volatile revenue streams, with a peak of $3,527,211 in 2023 but also lows like $136,236 in 2022.. Reporting 0% compensation for all highest-paid individuals across multiple years raises questions about transparency and actual compensation practices.. Expenses consistently exceed revenue in most years, for example, $3,700,285 in expenses vs. $2,923,733 in revenue in 2023, indicating a reliance on reserves or other funding sources.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are E4 Thefuture's strengths?
Positive indicators for E4 Thefuture include: Despite financial challenges, the organization has maintained operations for several years.. The organization has shown periods of significant revenue growth, such as from $136,236 in 2022 to $2,923,733 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does E4 Thefuture compensate executives?
Executive compensation is reported as 0% in all available filings, which is unusual and warrants further inquiry to understand the true compensation structure for key personnel. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% compensation for highest-paid individuals, how does E4 Thefuture attract and retain leadership, and what is the actual compensation structure for its executives?
The reported 0% compensation is highly unusual and suggests that executive compensation might be structured in a way not captured by standard reporting, such as through related entities, deferred compensation, or significant non-cash benefits. This lack of transparency makes it difficult to assess leadership costs and accountability.
What factors contributed to the dramatic decline in total assets from $29,356,801 in 2017 to $7,358,149 in 2023, and what strategies are in place to stabilize or grow the asset base?
The substantial decrease in assets could be due to significant operational losses, divestment of assets, or poor investment performance. Understanding the specific causes is crucial for assessing the organization's long-term financial health and its ability to sustain its mission.
Filing History
IRS 990 filing history for E4 Thefuture showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), E4 Thefuture's revenue has declined by 97.6%, moving from $122.6M to $2.9M. Total assets decreased by 78.3% over the same period, from $49.2M to $10.7M. Total functional expenses fell by 96.9%, from $121.2M to $3.7M. In its most recent filing year (2023), E4 Thefuture reported a deficit of $777K, with expenses exceeding revenue. The organization holds $578K in liabilities against $10.7M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.7M | $10.7M | $578K | — | View 990 |
| 2022 | $136K | $3.8M | $13.6M | $1.1M | — | — |
| 2021 | $1.4M | $4.1M | $19.4M | $999K | — | View 990 |
| 2020 | $2.3M | $4.2M | $21.7M | $989K | — | View 990 |
| 2019 | $2.1M | $4.4M | $23.7M | $1.2M | — | View 990 |
| 2018 | $2.5M | $5.2M | $24.1M | $1.6M | — | View 990 |
| 2017 | $1.2M | $3.8M | $29.4M | $916K | — | View 990 |
| 2016 | $778K | $5.3M | $28.7M | $1.5M | — | View 990 |
| 2015 | $75.6M | $72.7M | $31.8M | $598K | — | View 990 |
| 2014 | $126.7M | $124.8M | $53.8M | $25.5M | — | View 990 |
| 2013 | $112.3M | $111.9M | $46.0M | $19.6M | — | View 990 |
| 2012 | $117.3M | $117.1M | $45.8M | $19.9M | — | View 990 |
| 2011 | $122.6M | $121.2M | $49.2M | $23.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.7M, and assets of $10.7M (revenue +2046.1% year-over-year).
- 2022: Revenue of $136K, expenses of $3.8M, and assets of $13.6M (revenue -90.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $4.1M, and assets of $19.4M (revenue -41.6% year-over-year).
- 2020: Revenue of $2.3M, expenses of $4.2M, and assets of $21.7M (revenue +13.1% year-over-year).
- 2019: Revenue of $2.1M, expenses of $4.4M, and assets of $23.7M (revenue -17.0% year-over-year).
- 2018: Revenue of $2.5M, expenses of $5.2M, and assets of $24.1M (revenue +105.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $3.8M, and assets of $29.4M (revenue +55.7% year-over-year).
- 2016: Revenue of $778K, expenses of $5.3M, and assets of $28.7M (revenue -99.0% year-over-year).
- 2015: Revenue of $75.6M, expenses of $72.7M, and assets of $31.8M (revenue -40.4% year-over-year).
- 2014: Revenue of $126.7M, expenses of $124.8M, and assets of $53.8M (revenue +12.8% year-over-year).
- 2013: Revenue of $112.3M, expenses of $111.9M, and assets of $46.0M (revenue -4.3% year-over-year).
- 2012: Revenue of $117.3M, expenses of $117.1M, and assets of $45.8M (revenue -4.4% year-over-year).
- 2011: Revenue of $122.6M, expenses of $121.2M, and assets of $49.2M.
Data Sources and Methodology
This transparency report for E4 Thefuture is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.