Future Generation Development Foundation
Nonprofit profile at a glance
- EIN
- 873653806
- IRS 990-EZ coverage
- 2020–2021
- Forms available
- Form 990-EZ 2021
- Location
- Birmingham, AL, USA
- Phone
- 4243624444
- Rating confidence
- Limited
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- GEORGIA FULLWOOD (BOARD CHAIR)
- STEPHONIA TAYLOR-MCLINN (BOARD MEMBER)
- PHILLIP ARMSTRONG (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Future Generation Development - Birmingham commits resources and energies to collaboratively creating residential and commercial projects which contribute to the positive transformation and sustainability of urban places and neighborhoods. FGD-B is devoted to the practice of human and social development as a comprehensive approach to neighborhood revitalization and transformative gentrification - where people of all incomes can achieve their full potential. Through the strength of FGD-B's developers, architect and educational team, the sweat equity and solid partnerships throughout Birmingham and other cities will benefit economically through community engagement and social architecture that is innovative, sustainable and that transcends generations to provide a future of equitable social and economic development and growth.
What it reported doing in 2021
No activity reported
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 73
- Sustainability: NotEnoughData
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2020 to 2021
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.