Futures And Options Inc
Futures And Options Inc shows strong asset growth and positive net income, with no reported officer compensation.
EIN: 134063658 · New York, NY · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.5M |
| Transparency Score | 88/100 |
Is Futures And Options Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Futures And Options Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Futures And Options Inc
Futures And Options Inc (EIN: 134063658) is a nonprofit organization based in New York, NY, classified under NTEE code B90. The organization reported total revenue of $3.9M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Futures And Options Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Futures And Options Inc is a mid-size nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$358K |
| Total Assets | $5.9M |
| Total Liabilities | $2.3M |
| Net Assets | $3.5M |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 39.7% |
| Months of Reserves | 21.7 months |
Financial Health Grade: A
In 2023, Futures And Options Inc reported a surplus of $358K with revenue exceeding expenses, holds 21.7 months of operating reserves (strong position), has a debt-to-asset ratio of 39.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Futures And Options Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.7% | +8.6% | +78.1% |
| 2022 | +49.8% | +14.0% | +39.3% |
| 2021 | -11.9% | -19.8% | +48.4% |
| 2020 | +4.7% | +11.8% | +14.4% |
| 2019 | +29.1% | +35.2% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Futures And Options Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Futures And Options Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $358K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.7%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual revenues exceeding $3 million and assets nearing $6 million, suggesting that executive compensation may be reported under other expense categories or that leadership is entirely volunteer, which would be exceptional.
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 Futures And Options Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and warrants further investigation into executive compensation practices.
- Significant increase in liabilities from $116,633 in 202206 to $2,335,863 in 202306, requiring clarification on its nature and potential impact.
Strengths
The following positive indicators were identified for Futures And Options Inc:
- Strong and consistent revenue growth over the past decade, from $1.17M in 201406 to $3.6M in 202306.
- Excellent asset growth, increasing from $513,273 in 201406 to $5,876,975 in 202306.
- Consistent positive net income, indicating effective financial management and sustainability.
- Expenses consistently lower than revenue, demonstrating operational efficiency.
- Healthy financial reserves, with assets significantly exceeding liabilities in most periods, though the 202306 liability increase needs scrutiny.
Frequently Asked Questions about Futures And Options Inc
Is Futures And Options Inc a legitimate charity?
Futures And Options Inc (EIN: 134063658) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.9M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Futures And Options Inc spend its money?
Futures And Options Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Futures And Options Inc tax-deductible?
Futures And Options Inc is registered as a tax-exempt nonprofit (EIN: 134063658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Futures And Options Inc CEO make?
Futures And Options Inc's highest-compensated officer earns $3 annually. The organization reported $3.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Futures And Options Inc's spending goes to programs?
Futures And Options Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Futures And Options Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Futures And Options Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Futures And Options Inc located?
Futures And Options Inc is headquartered in New York, New York and files with the IRS under EIN 134063658. It is classified under NTEE code B90.
How many years of IRS 990 filings does Futures And Options Inc have?
Futures And Options 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 $3.9M in total revenue.
Is Futures And Options Inc a good charity?
Based on its strong financial health, consistent revenue growth, and significant asset accumulation, Futures And Options Inc appears to be a well-managed organization. The lack of reported officer compensation is a unique aspect that could be viewed positively for resource allocation to programs, assuming leadership is genuinely uncompensated or compensated through other means not categorized as 'officer compensation'.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It could indicate that the organization's leadership is entirely volunteer, or that compensation for key executives is categorized differently within their financial statements (e.g., as program or administrative salaries rather than 'officer compensation'). Further detail from their full IRS 990 forms would be needed to clarify this.
What caused the significant increase in liabilities in 202306?
Liabilities increased substantially from $116,633 in 202206 to $2,335,863 in 202306. This significant jump warrants further investigation into the nature of these liabilities, such as new debt, deferred revenue, or other obligations, to understand their impact on the organization's financial position.
How does their program spending compare to similar organizations?
While specific program spending percentages are not directly provided in the summary data, the consistent positive net income and growth in assets suggest that a significant portion of expenses are directed towards their mission. A detailed breakdown from their full 990 would be needed to compare their program efficiency directly with peers.
Is the organization financially sustainable given its growth?
Yes, the organization appears financially sustainable. It has consistently generated more revenue than expenses, leading to a healthy accumulation of assets. The revenue growth from $1,172,112 in 201406 to $3,605,504 in 202306, coupled with effective expense management, indicates a robust and growing financial foundation.
Filing History
IRS 990 filing history for Futures And Options Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Futures And Options Inc's revenue has grown by 424.4%, moving from $688K to $3.6M. Total assets increased by 2287% over the same period, from $246K to $5.9M. Total functional expenses rose by 344%, from $731K to $3.2M. In its most recent filing year (2023), Futures And Options Inc reported a surplus of $358K, with revenue exceeding expenses. The organization holds $2.3M in liabilities against $5.9M in assets (debt-to-asset ratio: 39.7%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.2M | $5.9M | $2.3M | — | View 990 |
| 2022 | $4.4M | $3.0M | $3.3M | $117K | — | View 990 |
| 2021 | $3.0M | $2.6M | $2.4M | $632K | — | View 990 |
| 2020 | $3.4M | $3.3M | $1.6M | $198K | — | View 990 |
| 2019 | $3.2M | $2.9M | $1.4M | $91K | — | View 990 |
| 2018 | $2.5M | $2.2M | $1.3M | $318K | — | View 990 |
| 2017 | $2.0M | $2.0M | $877K | $180K | — | View 990 |
| 2016 | $1.7M | $1.7M | $873K | $190K | — | View 990 |
| 2015 | $1.7M | $1.4M | $721K | $88K | — | View 990 |
| 2014 | $1.2M | $1.2M | $513K | $202K | — | View 990 |
| 2013 | $1.0M | $966K | $474K | $170K | — | View 990 |
| 2012 | $880K | $867K | $416K | $186K | — | View 990 |
| 2011 | $688K | $731K | $246K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.2M, and assets of $5.9M (revenue -18.7% year-over-year).
- 2022: Revenue of $4.4M, expenses of $3.0M, and assets of $3.3M (revenue +49.8% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.6M, and assets of $2.4M (revenue -11.9% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.3M, and assets of $1.6M (revenue +4.7% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.9M, and assets of $1.4M (revenue +29.1% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.2M, and assets of $1.3M (revenue +22.2% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $877K (revenue +17.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $873K (revenue +0.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.4M, and assets of $721K (revenue +47.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $513K (revenue +12.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $966K, and assets of $474K (revenue +18.2% year-over-year).
- 2012: Revenue of $880K, expenses of $867K, and assets of $416K (revenue +28.0% year-over-year).
- 2011: Revenue of $688K, expenses of $731K, and assets of $246K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Futures And Options Inc:
Data Sources and Methodology
This transparency report for Futures And Options 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.