Film2future
Nonprofit profile at a glance
- EIN
- 814112997
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019, Form 990-N 2016
- Location
- Los Angeles, CA, USA
- Phone
- 3232723433
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development - Business
Reported finances
- Revenue
- $621,194
- Expenses
- $623,745
- Assets
- $620,689
- Liabilities
- $15
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- RACHEL MILLER (PRESIDENT)
Highest reported compensation
- WENDY HAYNES (DIRECTOR OF OPERATIONS): $108,836 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Film2future (f2f) is a nonprofit, professional-level filmmaking program providing a pipeline for underserved los angeles youth to achieve careers in the entertainment industry through hands-on training and career development support, all at zero cost to students.
What it reported doing in 2024
F2f's innovative program educates students on many aspects of filmmaking, including narrative filmmaking, animation, emerging technologies, and advertising. While many f2f graduates want to pursue careers as writers and directors, our program is unique as it also stresses below-the-line careers such as editors, production designers, cinematographers, animators, storyboard artists, etc. F2f students are well equipped to fill these jobs as they receive hands-on production experience as well as guidance from industry experts. F2f attracts hundreds of industry experts who share their experiences & advice with students. In addition to the knowledge imparted to students, f2f students have a valuable opportunity to network with industry experts. Additionally, we connect our 18-year-old students with paid internships and jobs at companies across the entertainment and media landscape to help launch their careers.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.5%; rating input score 87
- Program expense ratio: 86.2%; rating input score 86
- Fundraising efficiency: $21.85 raised per $1 spent on fundraising; rating input score 61; 61st 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: Limited
- 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: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.4%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 1; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 17.4%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: 26.9% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 20.1% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 21.8% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 86.5% of revenue deployed · 86.2% of spending went to programs
- Governance: 14 of 14 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $538K in reported program spending
- Leadership: top reported pay $109K · 15 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 34/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Officer compensation ratio scored 18/100.