Future Proof Institute Inc

Nonprofit profile at a glance

EIN
852020893
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Jacksonville, FL, USA
Phone
2074758595
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Reported finances

Revenue
$69,750
Expenses
$78,193
Assets
$5,241
Liabilities
$177

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

Leadership & pay

6 people listed

People named in this filing

  • DONNA CALLEJON (BOARD CHAIR)
  • ERNEST KOE (TREASURER)
  • DENNIS WHITTLE (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Future proof institute (dba normal next) provides surge capacity to leaders and organizations addressing complex challenges, through the creation of products, services, and platforms such as c/corps to accelerate the development of teams and foster powerful networks of problem-solvers. Normal next responds to the rapidly changing work world by pioneering new forms of collaboration across organizational boundaries, by codifying processes and content to ensure clarity of vision and direction to the workplace and project workflow.

What it reported doing in 2024

We have explored a new way to quickly prepare young people to work together on complex, multidimensional tasks. The program, currently called c/corps and still in development, is funded by a grant from the rita allen foundation. It gives young people the structure and skills to provide world-class capacity to professionals who are solving society's most pressing problems. C/corps teams consist of 4-6 young people mentored by a mid-career professional and a senior domain expert during their tenure on the corps. Teams undergo rigorous training in design thinking, systems thinking, communication, and teamwork before being deployed on three-month projects confronting pressing public issues. In addition to providing excess public capacity, c/corps will create a pool of young professionals with the frameworks, processes, and training to address complex societal problems in the future. C/corps has completed several rounds of prototyping in partnership with the rita allen foundation and the civic science fellows including projects: philanthropy 911 and civic science communication.we began an effort to address aging adult and youth loneliness through a new program called connect& <https://www.connectand.org/>. We envision a world where young and older adults come together to inspire, learn, and uplift each other, fostering an environment of understanding, empathy, and lasting friendships. We break down generational barriers and combat loneliness by creating meaningful connections between people of all ages through shared experiences. We brought this to the hannon center in detroit and various ymcas in ne Florida.we are supporting efforts by the jacksonville historical society to create a museum that brings the community together across racial, economic, and generational divides by showing how the city's incredible musical history comes from a fusion of musical influences that have all influenced each other.

Operating model

Revenue model
Donor-supported. 94% 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.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 92
  • Accountability: 53
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86%; rating input score 86
  • Program expense ratio: 76.7%; rating input score 77
  • Fundraising efficiency: Limited

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: 50%; rating input score 50; 20th 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: -12.1%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.07; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -59% per year; rating input score 0; 4th percentile among comparable filings
  • Revenue growth: -61.3% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -44.3% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 86% of revenue deployed · 76.7% of spending went to programs
  • Governance: 3 of 6 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $60K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Accountability: Independent voting board scored 50/100.
  • Review — Accountability: Governance controls: 2 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.