Future Leaders Of Americafoundation Inc
Future Leaders Of Americafoundation Inc reports substantial revenue growth with zero executive compensation and minimal assets.
EIN: 205095136 · Chicago, IL · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37.3M |
| Total Expenses | $36.6M |
| Program Spending | 90% |
| Net Assets | $380K |
| Transparency Score | 92/100 |
Is Future Leaders Of Americafoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Future Leaders Of Americafoundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Future Leaders Of Americafoundation Inc
Future Leaders Of Americafoundation Inc (EIN: 205095136) is a nonprofit organization based in Chicago, IL, classified under NTEE code B82. The organization reported total revenue of $37.3M and total assets of $408K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future Leaders Of Americafoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Future Leaders Of Americafoundation Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36.6M |
| Total Expenses | $36.6M |
| Surplus / Deficit | +$0 |
| Total Assets | $380K |
| Net Assets | $380K |
| Operating Margin | 0.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: B
In 2023, Future Leaders Of Americafoundation Inc reported a surplus of $0 with revenue exceeding expenses, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Future Leaders Of Americafoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.1% | +23.7% | +0.0% |
| 2022 | +121.7% | +124.4% | — |
| 2021 | +350.8% | +292.4% | -100.0% |
| 2020 | -91.1% | -90.0% | +764.4% |
| 2019 | +12.8% | +12.8% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Future Leaders Of Americafoundation Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Future Leaders Of Americafoundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Future Leaders Of Americafoundation Inc consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating a strong commitment to directing all funds towards its mission rather than executive salaries, regardless of its substantial revenue growth.
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 Future Leaders Of Americafoundation Inc's IRS 990 filings:
- Very low asset base relative to substantial revenue, potentially indicating limited financial reserves for future stability or unexpected events.
Strengths
The following positive indicators were identified for Future Leaders Of Americafoundation Inc:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating high transparency and mission focus.
- Significant revenue growth in recent years, from $2.9M in 2020 to $36.5M in 2023, demonstrating strong fundraising capabilities.
- Expenses closely match revenue in most periods, suggesting efficient deployment of funds towards its mission.
- Zero reported liabilities in most recent filings (2023, 2022, 2021), indicating sound debt management.
Frequently Asked Questions about Future Leaders Of Americafoundation Inc
Is Future Leaders Of Americafoundation Inc a legitimate charity?
Future Leaders Of Americafoundation Inc (EIN: 205095136) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $37.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Future Leaders Of Americafoundation Inc spend its money?
Future Leaders Of Americafoundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Future Leaders Of Americafoundation Inc tax-deductible?
Future Leaders Of Americafoundation Inc is registered as a tax-exempt nonprofit (EIN: 205095136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Future Leaders Of Americafoundation Inc's spending goes to programs?
Future Leaders Of Americafoundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Future Leaders Of Americafoundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Future Leaders Of Americafoundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Future Leaders Of Americafoundation Inc located?
Future Leaders Of Americafoundation Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 205095136. It is classified under NTEE code B82.
How many years of IRS 990 filings does Future Leaders Of Americafoundation Inc have?
Future Leaders Of Americafoundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $37.3M in total revenue.
Is Future Leaders Of Americafoundation Inc a good charity?
Based on the available data, the organization exhibits strong financial health in terms of revenue growth and efficient spending, with zero reported officer compensation across all filings. This suggests a high dedication to its mission and transparency regarding executive pay. However, the very low asset base relative to revenue could be a point of concern for long-term resilience.
How does Future Leaders Of Americafoundation Inc manage its funds given its low assets?
The organization appears to operate on a 'spend-as-you-go' model, with expenses closely matching revenue in most years (e.g., $36,580,687 revenue and expenses in 2023). This indicates that funds are quickly deployed, rather than accumulated as reserves. While efficient for immediate impact, it means the organization has limited financial cushion.
What is the trend in Future Leaders Of Americafoundation Inc's revenue?
Future Leaders Of Americafoundation Inc has experienced significant and somewhat volatile revenue growth. After a dip in 2020 ($2.9M), revenue rebounded sharply to $13.5M in 2021, $29.9M in 2022, and $36.5M in 2023, demonstrating substantial fundraising success in recent years.
Filing History
IRS 990 filing history for Future Leaders Of Americafoundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Future Leaders Of Americafoundation Inc's revenue has grown by 168.7%, moving from $13.6M to $36.6M. Total assets decreased by 9.8% over the same period, from $422K to $380K. Total functional expenses rose by 168.7%, from $13.6M to $36.6M. In its most recent filing year (2023), Future Leaders Of Americafoundation Inc reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36.6M | $36.6M | $380K | $0 | — | — |
| 2022 | $30.0M | $29.6M | $380K | $0 | — | View 990 |
| 2021 | $13.5M | $13.2M | $0 | $0 | — | — |
| 2020 | $3.0M | $3.4M | $241K | $575K | — | View 990 |
| 2019 | $33.6M | $33.6M | $28K | $0 | — | View 990 |
| 2018 | $29.8M | $29.8M | $28K | $0 | — | View 990 |
| 2017 | $29.3M | $29.3M | $28K | $0 | — | View 990 |
| 2016 | $24.6M | $24.6M | $28K | $0 | — | View 990 |
| 2015 | $20.4M | $20.4M | $116K | $88K | — | View 990 |
| 2014 | $20.2M | $20.4M | $244K | $216K | — | View 990 |
| 2013 | $17.4M | $17.6M | $312K | $71K | — | View 990 |
| 2012 | $14.9M | $14.5M | $425K | $25K | — | View 990 |
| 2011 | $13.6M | $13.6M | $422K | $396K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36.6M, expenses of $36.6M, and assets of $380K (revenue +22.1% year-over-year).
- 2022: Revenue of $30.0M, expenses of $29.6M, and assets of $380K (revenue +121.7% year-over-year).
- 2021: Revenue of $13.5M, expenses of $13.2M, and assets of $0 (revenue +350.8% year-over-year).
- 2020: Revenue of $3.0M, expenses of $3.4M, and assets of $241K (revenue -91.1% year-over-year).
- 2019: Revenue of $33.6M, expenses of $33.6M, and assets of $28K (revenue +12.8% year-over-year).
- 2018: Revenue of $29.8M, expenses of $29.8M, and assets of $28K (revenue +1.8% year-over-year).
- 2017: Revenue of $29.3M, expenses of $29.3M, and assets of $28K (revenue +18.7% year-over-year).
- 2016: Revenue of $24.6M, expenses of $24.6M, and assets of $28K (revenue +20.9% year-over-year).
- 2015: Revenue of $20.4M, expenses of $20.4M, and assets of $116K (revenue +1.0% year-over-year).
- 2014: Revenue of $20.2M, expenses of $20.4M, and assets of $244K (revenue +15.9% year-over-year).
- 2013: Revenue of $17.4M, expenses of $17.6M, and assets of $312K (revenue +17.0% year-over-year).
- 2012: Revenue of $14.9M, expenses of $14.5M, and assets of $425K (revenue +9.3% year-over-year).
- 2011: Revenue of $13.6M, expenses of $13.6M, and assets of $422K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Future Leaders Of Americafoundation Inc:
Data Sources and Methodology
This transparency report for Future Leaders Of Americafoundation 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.