Futures Ignite Inc is a 501(c)(3) organization based in New York, New York, registered in 2014, with $1,660,509 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.7M
▼ 2.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$1.8M
Net assets
$374K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Futures Ignite Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Futures Ignite Inc: 3 mo reserves · -5% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Futures Ignite Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Futures Ignite Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $420K (FY2014) to $1.7M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-5.4%
Spent more than it raised in the latest fiscal year.
Total assets
$628K
Total liabilities
$253K
Net assets
$374K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,660,509▼2.8% | $1,750,586▼12.5% | $374,473▼19.4% | $627,960▼32.9% | 990 |
| 2023 | $1,709,214▼1.4% | $1,999,580▲13.5% | $464,550▼38.5% | $936,125▼9.8% | 990 |
| 2022 | $1,733,224▲36.6% | $1,762,340▲56.7% | $754,916▼3.7% | $1,037,706▲2.6% | 990 |
| 2021 | $1,268,785▲43.9% | $1,124,638▲102% | $784,032▲22.5% | $1,011,729▲15.0% | 990 |
| 2020 | $881,705▲25.7% | $556,544▲17.7% | $639,885▲103% | $879,524▲102% | 990 |
| 2019 | $701,193▲77.4% | $472,966▲3.4% | $314,724▲264% | $435,795▲124% | 990 |
| 2018 | $395,319▲3.5% | $457,366▲21.7% | $86,497▼41.8% | $194,514▼19.0% | 990 |
| 2017 | $382,038▲3.7% | $375,675▲3.6% | $148,544▲4.5% | $240,157▼2.1% | 990 |
| 2016 | $368,447▼1.2% | $362,701▼12.5% | $142,181▲4.2% | $245,237▲21.7% | 990 |
| 2015 | $373,042▼11.2% | $414,720▲8.9% | $136,435▼23.4% | $201,565▼23.1% | 990 |
| 2014 | $420,202 | $380,711 | $178,113 | $262,216 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
31 grants to Futures Ignite Inc totaling $769K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The New York Community Trust | For program support. | 2024 | $83,000 |
| American Online Giving Foundation Inc | General support | 2024 | $76,021 |
| Educational Credit Management Corporation | Fafsa student support | 2024 | $50,000 |
| The New York and Presbyterian Hospital | Support | 2024 | $20,000 |
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $10,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $5,300 |
| Hispanic Federation Inc | Growing stronger capacity building initiative | 2023 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $12,590 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2023 | $6,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,000 |
| American Online Giving Foundation Inc | General support | 2022 | $6,625 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $81,000 |
| Princeton University | Contribution | 2021 | $50,000 |
| American Online Giving Foundation Inc | General support | 2021 | $16,576 |
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Data for Futures Ignite Inc (EIN 42-1775449) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.