Futures Industry Association
Futures Industry Association operates near break-even with fluctuating assets and no reported officer compensation.
EIN: 135642275 · Washington, DC · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $36.1M |
| Total Expenses | $35.1M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $21.4M |
| Transparency Score | 70/100 |
Is Futures Industry Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Futures Industry Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Futures Industry Association
Futures Industry Association (EIN: 135642275) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $36.1M and total assets of $49.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Futures Industry Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Futures Industry Association is a large nonprofit that has been operating for 70 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.8M |
| Total Expenses | $35.1M |
| Surplus / Deficit | $-1,303,998 |
| Total Assets | $48.6M |
| Total Liabilities | $27.2M |
| Net Assets | $21.4M |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 56.0% |
| Months of Reserves | 16.6 months |
Financial Health Grade: C
In 2023, Futures Industry Association reported a deficit of $1.3M with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 56.0% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Futures Industry Association's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +7.2% | -32.5% |
| 2022 | -36.0% | +12.2% | +36.1% |
| 2021 | +100.9% | +14.2% | +147.8% |
| 2020 | -17.4% | -14.2% | +19.1% |
| 2019 | +0.4% | -1.1% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1956 |
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 Industry Association with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Futures Industry Association 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.0%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings suggests that the organization's executives are either uncompensated, compensated through a different mechanism not captured in this line item, or that the organization relies on volunteer leadership for its highest positions. This is unusual for an organization of its size with revenues exceeding $30 million annually.
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 Industry Association's IRS 990 filings:
- Significant year-over-year fluctuation in assets (e.g., $71.8M in 2022 to $48.5M in 2023) without clear explanation.
- Consistent 0% officer compensation reported for an organization with over $30 million in annual revenue, which may indicate a lack of transparency in executive compensation reporting.
Strengths
The following positive indicators were identified for Futures Industry Association:
- Consistent revenue generation, generally covering expenses over the past decade.
- History of consistent IRS 990 filings, indicating compliance and transparency in reporting.
Frequently Asked Questions about Futures Industry Association
Is Futures Industry Association a legitimate charity?
Futures Industry Association (EIN: 135642275) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $36.1M. 2 red flags identified. 2 strengths noted. Financial health grade: C.
How does Futures Industry Association spend its money?
Futures Industry Association directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Futures Industry Association tax-deductible?
Futures Industry Association is registered as a tax-exempt nonprofit (EIN: 135642275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Futures Industry Association CEO make?
Futures Industry Association's highest-compensated officer earns $30 annually. The organization reported $36.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Futures Industry Association's spending goes to programs?
Futures Industry Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Futures Industry Association located?
Futures Industry Association is headquartered in Washington, Washington DC and files with the IRS under EIN 135642275.
How many years of IRS 990 filings does Futures Industry Association have?
Futures Industry Association has 14 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 $36.1M in total revenue.
Why did the organization's assets decrease from $71,884,707 in 2022 to $48,552,885 in 2023?
The significant drop in assets by over $23 million in a single year requires clarification regarding asset utilization, investment performance, or potential liabilities.
How are executive leaders compensated if officer compensation is consistently reported as 0%?
This warrants further inquiry into the compensation structure for key management personnel, as it is uncommon for an organization of this scale to report no officer compensation.
What is the primary driver behind the consistent near break-even financial performance?
Understanding whether this is a deliberate operational strategy or a result of fluctuating revenues and expenses is important for assessing long-term financial stability.
Filing History
IRS 990 filing history for Futures Industry Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Futures Industry Association's revenue has grown by 168.7%, moving from $12.6M to $33.8M. Total assets increased by 460.7% over the same period, from $8.7M to $48.6M. Total functional expenses rose by 214%, from $11.2M to $35.1M. In its most recent filing year (2023), Futures Industry Association reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $27.2M in liabilities against $48.6M in assets (debt-to-asset ratio: 56.0%), resulting in net assets of $21.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33.8M | $35.1M | $48.6M | $27.2M | — | — |
| 2022 | $30.7M | $32.7M | $71.9M | $51.0M | — | View 990 |
| 2021 | $48.0M | $29.2M | $52.8M | $27.4M | — | View 990 |
| 2020 | $23.9M | $25.5M | $21.3M | $14.6M | — | View 990 |
| 2019 | $28.9M | $29.7M | $17.9M | $9.3M | — | View 990 |
| 2018 | $28.8M | $30.1M | $15.7M | $6.2M | — | View 990 |
| 2017 | $25.8M | $27.8M | $17.9M | $7.4M | — | View 990 |
| 2016 | $27.2M | $26.1M | $18.6M | $5.8M | — | View 990 |
| 2015 | $25.3M | $25.5M | $14.7M | $6.3M | — | View 990 |
| 2014 | $18.3M | $18.0M | $14.5M | $5.8M | — | View 990 |
| 2013 | $16.6M | $16.6M | $12.0M | $3.4M | — | View 990 |
| 2012 | $16.3M | $14.8M | $11.5M | $3.0M | — | View 990 |
| 2011 | $13.8M | $13.1M | $9.4M | $2.1M | — | View 990 |
| 2010 | $12.6M | $11.2M | $8.7M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33.8M, expenses of $35.1M, and assets of $48.6M (revenue +10.0% year-over-year).
- 2022: Revenue of $30.7M, expenses of $32.7M, and assets of $71.9M (revenue -36.0% year-over-year).
- 2021: Revenue of $48.0M, expenses of $29.2M, and assets of $52.8M (revenue +100.9% year-over-year).
- 2020: Revenue of $23.9M, expenses of $25.5M, and assets of $21.3M (revenue -17.4% year-over-year).
- 2019: Revenue of $28.9M, expenses of $29.7M, and assets of $17.9M (revenue +0.4% year-over-year).
- 2018: Revenue of $28.8M, expenses of $30.1M, and assets of $15.7M (revenue +11.7% year-over-year).
- 2017: Revenue of $25.8M, expenses of $27.8M, and assets of $17.9M (revenue -5.3% year-over-year).
- 2016: Revenue of $27.2M, expenses of $26.1M, and assets of $18.6M (revenue +7.6% year-over-year).
- 2015: Revenue of $25.3M, expenses of $25.5M, and assets of $14.7M (revenue +38.2% year-over-year).
- 2014: Revenue of $18.3M, expenses of $18.0M, and assets of $14.5M (revenue +10.1% year-over-year).
- 2013: Revenue of $16.6M, expenses of $16.6M, and assets of $12.0M (revenue +1.9% year-over-year).
- 2012: Revenue of $16.3M, expenses of $14.8M, and assets of $11.5M (revenue +18.0% year-over-year).
- 2011: Revenue of $13.8M, expenses of $13.1M, and assets of $9.4M (revenue +10.0% year-over-year).
- 2010: Revenue of $12.6M, expenses of $11.2M, and assets of $8.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Futures Industry Association:
Data Sources and Methodology
This transparency report for Futures Industry Association 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.