Embracing Futures Inc

What it reported doing in 2024

The orthodontic care program is our core program. This unique program is a reactive process that provides orthodontic care for children growing up in impoverished households who are suffering from severe orthodontic problems and have been turned down by medicaid or other government funded programs. Working with community partners, we first identify a child, meet with the family to verify the financial need, provide two orthodontic exams to validate the medical need, and bring our findings to our board of trustees for a final decision. With board approval, we finance the costs directly with an orthodontist until treatment is successfully completed. The process concludes through an exit interview with the family. In the past ten years we have helped over 400 children. We recognize a child who is self-conscious about his or her teeth may shy away from participating in class or other social activities. Children who receive orthodontic treatment will certainly be healthier individuals. They may also experience improved self esteem and confidence. This will contribute to their becoming more productive individuals as they move from school into their adult life. Donna skoda, summit county public health commissioner, stated the following: it's clear that poor oral health, untreated oral diseases and severe orthodontic problems have a considerable impact on quality of life, including loss of self-esteem, poor performance at school and decreased economic productivity. Yet access to dental services, including orthodontic care, remains the greatest unmet healthcare need in summit county. Maintaining the health of your teeth and mouth is not merely a cosmetic activity, but rather a critical part in a complete healthcare plan and a smart investment in physical and emotional health...especially for children. In 2024, 46 children were approved for treatment and 91 total children received treatment.

Financial Efficiency

• Mission deployment rate: 98.3%; rating input score 98
• Program expense ratio: 82.6%; rating input score 83
• Fundraising efficiency: $30 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• 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: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 22.3%; rating input score 78; 78th percentile among comparable filings
• Total-asset coverage ratio: 6.3; rating input score 88; 88th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
• Officer compensation ratio: 29.6%; rating input score 7; 7th percentile among comparable filings

Growth

• Program expense growth: 2.7% per year; rating input score 100; 30th percentile among comparable filings
• Revenue growth: 4.2% per year; rating input score 100; 39th percentile among comparable filings
• Asset growth: 5.2% per year; rating input score 100; 39th percentile among comparable filings