Future Youth Records Incorporated
Nonprofit profile at a glance
- EIN
- 454537825
- IRS 990-EZ coverage
- 2015–2025
- Forms available
- Form 990 2021, Form 990-EZ 2025, Form 990-N 2014
- Location
- Granite Bay, CA, USA
- Phone
- 5304148473
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development - Business
Reported finances
- Revenue
- $117,355
- Expenses
- $84,854
- Assets
- $33,387
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- JASON WALL (Executive Dir.)
- MANOJ MHAPANKAR (Treasurer)
- MONICA PACINI (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fyr is a n0n-profit record label that helps youth create and distribute music promoting social justice.
What it reported doing in 2025
Fyr ran two successful programs using music to harness critcal thinking around key social justice issues. Fyr released three albums promoting women's empowerment and environmental justice. They were released on multiple on-line platforms. Fyr360 provided individual coaching to help youth develop professional music industry skills. We also released an collection promoting peace.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.1%; rating input score 63
- Program expense ratio: 87.2%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 27.7%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 6.5% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 12.8% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 63.1% of revenue deployed · 87.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $74K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2025
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.