Hello Future Inc

Overview

Mission

The organization bridges the education and economic empowerment gap for youth at risk, Specifically, the organization provides education in digital literacy.

What it reported doing in 2024

The organization bridges the education and economic empowerment gap for youth at risk, Specifically, the organization provides education in digital literacy to youth at risk including refugee youth and internally displaced persons by offering training workshops, providing digital devices and connectivity etc. Such courses included but not limited to digital literacy, financial literacy, storytelling, system design and entrepreneurship. In 2024, the organization served communities in the United States, Jordan, and Iraqi Kurdistan. The organization launched fee-based training programs generating $27,370 in revenue. Through partnership with Duolingo, Inc., the organization administered the Duolingo University Access Program in Kurdistan Region of Iraq, distributing stipends and educational supplies to scholars and earning $3,438 in administrative fees. The organization provided $10,806 in classroom grants to support program implementation.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
814922460
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2018
Headquarters
New York, NY, USA
Phone
3105920895
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

The verdict

SUPPORTED - Most voting board members are independent and program spending has grown recently. A relatively small share of available resources goes toward mission work and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 54
  • Accountability: 84
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.4%; rating input score 52
  • Program expense ratio: 58.1%; rating input score 58
  • Fundraising efficiency: $7.22 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 9.9%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 59; 59th percentile among comparable filings
  • Officer compensation ratio: 16.6%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 47.1% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 41.6% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 33.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 52.4% of revenue deployed · 58.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $315K in reported program spending
  • Leadership: top reported pay $90K · 10 people listed
  • Consistency: 42 of 42 current checks pass
  • Schedules: 5 filed schedules · includes major donors and foreign activity
  • Filing history: 4 annual filings from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

10 people listed

Highest reported compensation

  • Angela Hua (Executive Director): $90,000 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.