Future Now Action

Nonprofit profile at a glance

EIN
822390410
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
9297776241
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Research Institutes and Public Policy Analysis

Reported finances

Revenue
$24,755,285
Expenses
$22,980,444
Assets
$10,925,953
Liabilities
$421,503

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • DANIEL SQUADRON EXECUTIVE DIR ((UNTIL 09/24), PRESIDENT)
  • MANDARA MEYERS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DANIEL SQUADRON EXECUTIVE DIR ((UNTIL 09/24), PRESIDENT): $479,451 total reported compensation
  • NISSY MATTHEW (CHIEF GROWTH OFFICER): $310,741 total reported compensation
  • PENELOPE THORNTON TALLEY (CHIEF OPERATING OFFICER): $307,418 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Future now action is a social welfare organization that pushes progress towards the america's goals policy framework with a report card on each state and through innovative cost-effective strategies with legislators, the media, partner organizations and the public.

What it reported doing in 2024

Pushing progress towards the america's goals policy framework with a report card on each state and through innovative cost-effective strategies with legislators, the media, partner organizations and the public.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 74% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 84
  • Accountability: 93
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.8%; rating input score 86
  • Program expense ratio: 92.3%; rating input score 92
  • Fundraising efficiency: $28.85 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 87.5%; rating input score 88; 20th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.2%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 6.2%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 35.7% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 33.4% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 32.1% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 85.8% of revenue deployed · 92.3% of spending went to programs
  • Governance: 7 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $21.2M in reported program spending
  • Leadership: top reported pay $479K · 13 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.1M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 23 filed money-flow records
  • Related organizations: 18 filed related-organization links
  • 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.

  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.