Future Ties Inc Nfp

Nonprofit profile at a glance

EIN
275469921
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Chicago, IL, USA
Phone
7732185510
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$598,613
Expenses
$539,655
Assets
$1,334,854
Liabilities
$73,915

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JENNIFER MADDOX (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANN ARMSTRONG (OUTREACH WORKER): $34,333 total reported compensation
  • JENNIFER MADDOX (EXECUTIVE DIRECTOR): $6,506 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mentoring, tutoring, and enrighment programs for low income, at-risk youth. These individuals are given the opportunity to receive a higher education. We are dedicated to providing the information, support and connections that families need to assist them on the road to success.

What it reported doing in 2025

Provision for mentoring, tutoring, and enrichment programs provided for low income at-risk youth. The afterschool program was developed to assist k-5th grade students with homework through tutoring and mentoring. The program also provides snacks, recreational activities and social-emotional learning (sel) workshops. The future barber program is a partnership with with after school matters. Future ties inc, nfp hosts the basic trainings for teen boys ages 14-19 that have an interest in barbering. The organization mirrors restorative justice strategies through peace circles to engage teens and work through specific topics of growth that they commonly experience. The teen workforce development program was developed to train 20-25 participants ages 16-24 around soft skills to build their capacity around part-time and full-time employment expectations. We also introduce community engagement and service to help them buy into the growth of their community by involvement. The parent mentor program is currently supporting 4 schools in the local community by providing 8 parent volunteers per school to work alongside the teachers in the classrooms to help students during instruction time. The organization also hosts friday workshops for parents to build their capacity and be a support system for single moms. The know your rights program hosts, trains, and provides workshops to the youth and community around their 4th, 5th, and 6th amendment rights. The program also connects police officers with the youth to bridge the divide. The violence outreach prevention program trains credible messenger community members to be responsive to and have proactive strategies to decrease and interrupt violent incidents in the community.

Operating model

Revenue model
Donor-supported. 100% 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

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: 70
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.1%; rating input score 76
  • Program expense ratio: 84.4%; rating input score 84
  • 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.8%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 2.47; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 7.6%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 15% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 13.2% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 76.1% of revenue deployed · 84.4% of spending went to programs
  • Governance: 4 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $456K in reported program spending
  • Leadership: top reported pay $34K · 5 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 8 not reported.
  • Review — Sustainability: Operating margin scored 56/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.