The Future Education Initiative

Nonprofit profile at a glance

EIN
854273324
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024
Location
Stockton, CA, USA
Phone
4084294610
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$49,553
Expenses
$14,202
Assets
$100,622
Liabilities
$90,000

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

Leadership & pay

4 people listed

Executive titles in this filing

  • WEI FENG (PRESIDENT)
  • JIONG TANG (VICE PRESIDENT OF PROGRAM)
  • MARISSA TANG (TREASURER, VICE PRESIDENT)
  • EDWARD TANG (VICE PRESIDENT OF PROGRAM)

People named in this filing

  • WEI FENG (PRESIDENT)
  • JIONG TANG (VICE PRESIDENT OF PROGRAM)
  • MARISSA TANG (TREASURER, VICE PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Educate and inspire youth

What it reported doing in 2024

In 2024, our organization advanced its mission through teacher training, youth empowerment, and community engagement. We trained over 25 preschool teachers, supported more than 60 families, and inspired 80+ youth to use art and technology as tools for mental health advocacy. We also delivered substance abuse awareness workshops and launched a senior art and technology literacy program in three low-income facilities, benefiting 60+ seniors.our public exhibitions in libraries and cafs gave young artists a platform to share their voices, bridging generations and encouraging dialogue across diverse perspectives. By engaging both youth and seniors, we fostered lifelong learning, nurtured creativity, and strengthened community resilience. These initiatives highlight the power of art in driving positive social change and building stronger, more connected communities.

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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 32
  • Transparency & Controls: 100
  • Sustainability: 79
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 16.5%; rating input score 17
  • Program expense ratio: 57.7%; rating input score 58

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: 71.3%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 7.09; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0.89; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 21.5% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: -57.4% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -31.2% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 16.5% of revenue deployed · 57.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 17/100.
  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.