Foundations For Tomorrow Inc
Foundations For Tomorrow Inc. shows recent growth after significant revenue fluctuations, with no reported officer compensation.
EIN: 201919433 · Forest Grove, OR · NTEE: T20 · Updated: 2026-03-28
About Foundations For Tomorrow Inc
Foundations For Tomorrow Inc (EIN: 201919433) is a nonprofit organization based in Forest Grove, OR, classified under NTEE code T20. The organization reported total revenue of $89K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundations For Tomorrow Inc'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 Foundations For Tomorrow Inc with a Mission Score of 80 out of 100 (Excellent). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Foundations For Tomorrow Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Foundations For Tomorrow Inc. reports 0% officer compensation across all available filing periods (202312, 201212, 201112), indicating that no salaries or other compensation were paid to officers, directors, trustees, or key employees. This is a strong positive for an organization of its size, demonstrating a commitment to directing funds towards its mission rather than executive pay.
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 Foundations For Tomorrow Inc's IRS 990 filings:
- Significant historical revenue volatility (e.g., $393,072 in 2011 vs. $24,596 in 2012)
- Lack of detailed functional expense breakdown in provided data for full spending efficiency analysis
Strengths
The following positive indicators were identified for Foundations For Tomorrow Inc:
- Consistent 0% officer compensation across all reported periods
- Positive net income in the most recent filing period (202312)
- Growing assets in the most recent filing period ($58,055 in 202312 from $23,939 in 201212)
- Healthy asset-to-liability ratio ($68,627 assets vs. $12,211 liabilities in 202312)
Frequently Asked Questions about Foundations For Tomorrow Inc
Is Foundations For Tomorrow Inc. financially stable?
The organization's financial stability shows some volatility. While the 202312 filing shows positive net income ($56,646 revenue vs. $51,786 expenses) and growing assets ($58,055), the significant drop in revenue from $393,072 in 201112 to $24,596 in 201212 suggests past instability or a major change in operations. Current assets ($68,627) are healthy relative to liabilities ($12,211 in 202312).
How does their spending efficiency compare to similar nonprofits?
Without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data, a direct comparison is difficult. However, the fact that expenses ($51,786) were less than revenue ($56,646) in the latest period is a positive sign of fiscal management. The NTEE code T20 (Grantmaking Foundations) often implies a different spending profile than direct service charities.
What caused the large revenue drop between 2011 and 2012?
The provided data does not specify the exact cause. The revenue decreased from $393,072 in 201112 to $24,596 in 201212, which is a substantial reduction. This could be due to a one-time large grant in 2011, a change in funding strategy, or a reduction in operational scale. Further investigation into the full 990 forms for those years would be needed to understand this fluctuation.
Filing History
IRS 990 filing history for Foundations For Tomorrow Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2023), Foundations For Tomorrow Inc's revenue has declined by 85.6%, moving from $393K to $57K. Total assets increased by 56.3% over the same period, from $37K to $58K. Total functional expenses fell by 87.3%, from $409K to $52K. In its most recent filing year (2023), Foundations For Tomorrow Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $12K in liabilities against $58K in assets (debt-to-asset ratio: 21.0%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $52K | $58K | $12K | — | — |
| 2012 | $25K | $27K | $24K | $0 | — | View 990 |
| 2011 | $393K | $409K | $37K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $52K, and assets of $58K (revenue +130.3% year-over-year).
- 2012: Revenue of $25K, expenses of $27K, and assets of $24K (revenue -93.7% year-over-year).
- 2011: Revenue of $393K, expenses of $409K, and assets of $37K.
Data Sources and Methodology
This transparency report for Foundations For Tomorrow Inc 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.