2024-04-29T10:45:17-04:00 2023-06-30 203934956 WHISMAN GIORDANO & ASSOCIATES LLC 111 CONTINENTAL DR STE 210 NEWARK DE 197134330 990 2022-07-01 510378138 DELAWARE FUTURES INC DELA 3026528619 1104 NORTH ADAMS STREET WILMINGTON DE 19801 PROVIDENZA ROCCO EXECUTIVE DIRECTOR 3026528619 2024-04-29 PROVIDENZA ROCCO 999009999 false JOSEPH A GIORDANO CPA P00578904 3022660202 2024-04-29 2022 2023-04-26 12:10:37Z PROVIDENZA ROCCO 1104 NORTH ADAMS STREET WILMINGTON DE 19801 733992 false X WWW.DELAWAREFUTURES.ORG X 1996 DE DELAWARE FUTURES, INC. PROVIDES ACADEMIC, SOCIAL, MOTIVATIONAL SUPPORT AND CULTURAL ENRICHMENT THAT EMPOWERS ECONOMICALLY DISADVANTAGED HIGH SCHOOL STUDENTS TO RECOGNIZE AND FULFILL THEIR UNREALIZED POTENTIAL AND BECOME MATRICULATED COLLEGE STUDENTS. 10 10 52 10 0 755881 696137 0 4307 16358 43216 21497 803404 733992 0 0 403351 414731 0 28926 403838 501631 807189 916362 -3785 -182370 428471 261442 49779 68107 378692 193335 X DELAWARE FUTURES, INC. PROVIDES ACADEMIC, SOCIAL, MOTIVATIONAL SUPPORT AND CULTURAL ENRICHMENT THAT EMPOWERS ECONOMICALLY DISADVANTAGED HIGH SCHOOL STUDENTS TO RECOGNIZE AND FULFILL THEIR UNREALIZED POTENTIAL AND BECOME MATRICULATED COLLEGE STUDENTS. false false 821137 PROVIDE EDUCATIONAL, SOCIAL AND MOTIVATIONAL SUPPORT TO HIGH SCHOOL STUDENTS WITH UNREALIZED POTENTIAL TO BECOME SUCCESSFUL COLLEGE APPLICANTS. 821137 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 11 0 52 true false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false X X PROVIDENZA ROCCO 3026528619 1104 NORTH ADAMS STREET WILMINGTON DE 19801 HAROLD BUTCH INGRAM PRESIDENT 1.00 X X 0 0 0 CHRIS METKIFF VICE PRESIDE 1.00 X X 0 0 0 REV PATRICIA DOWNING SECRETARY 1.00 X X 0 0 0 GERALD ALLEN BOARD MEMBER 1.00 X 0 0 0 TINA BETZ BOARD MEMBER 1.00 X 0 0 0 PAUL BRUTSCHE BOARD MEMBER 1.00 X 0 0 0 JA'NIKKA CARABALLO BOARD MEMBER 1.00 X 0 0 0 AMY CORMIER BOARD MEMBER 1.00 X 0 0 0 TIA MCKENZIE-JOSEPH BOARD MEMBER 1.00 X 0 0 0 NATALIE TORRES WASHINGTON BOARD MEMBER 1.00 X 0 0 0 DINA MELCHIORRE EXECUTIVE DI 40.00 X 36714 0 0 PROVIDENZA ROCCO EXECUTIVE DI 40.00 X 29273 0 0 65987 false false false 555590 140547 696137 16358 16358 21497 21497 21497 733992 37855 75000 63750 6750 4500 317061 269502 28535 19024 11584 9846 1043 695 11086 9423 998 665 20799 14143 4160 2496 12884 8761 2577 1546 31715 23798 7917 24825 24825 5898 5898 PROGRAM 398110 386168 11942 BAD DEBT 6409 4230 2179 TELEPHONE 991 793 198 916362 821137 66299 28926 164347 11733 93041 65315 2915 2878 367857 367857 168168 181516 428471 261442 25383 68107 24396 49779 68107 X 360685 183934 18007 9401 378692 193335 428471 261442 -182370 -539 -2448 X true X false false X 768577 791167 745461 755881 696137 3757223 768577 791167 745461 755881 696137 3757223 4744 3752479 985 3559 2786 4307 16358 27995 44382 38087 20612 60455 21497 185033 3970251 5805 0.94510 0.93000 X PART II, LINE 10 FUNDRAISING 163,536 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 176667 176667 146074 146074 45116 45116 X 731005 -539 -539 731544 2448 2448 733992 916362 916362 916362 SCHEDULE D, PAGE 3, PART X THE ENTITY HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ACCORDINGLY, IS NOT SUBJECT TO INCOME TAXES. ALTHOUGH THE ENTITY IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES, THE ENTITY WAS REQUIRED TO ADOPT ASC 740, "ACCOUNTING FOR INCOME TAXES", WHICH APPLIES TO ALL ENTITIES INCLUDING THOSE THAT ARE TAX EXEMPT UNDER 501(C) (3). ASC 740 CLARIFIES THE ACCOUNTING AND REPORTING FOR INCOME TAXES WHERE INTERPRETATION OF THE TAX LAW MAY BE UNCERTAIN. ASC 740 PRESCRIBES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGULATIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF THE RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE 2020, 2021, AND 2022 FISCAL YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE ENTITY IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ENTITY BEEN CONTACTED BY THIS JURISDICTION. ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES WOULD BE RECORDED AS INCOME TAX EXPENSE. THERE ARE NO INTEREST AND PENALTIES AS OF JUNE 30, 2023 AND 2022. FUND RAISING 21497 21497 21497 21497 21497 FORM 990 - ORGANIZATION'S MISSION DELAWARE FUTURES, INC. PROVIDES ACADEMIC, SOCIAL, MOTIVATIONAL SUPPORT AND CULTURAL ENRICHMENT THAT EMPOWERS ECONOMICALLY DISADVANTAGED HIGH SCHOOL STUDENTS TO RECOGNIZE AND FULFILL THEIR UNREALIZED POTENTIAL AND BECOME MATRICULATED COLLEGE STUDENTS. FORM 990, PAGE 6, PART VI, LINE 11B ANNUALLY, THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PROVIDED TO THE FULL BOARD UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C THE EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY VOTING IN MEMBERS IN GOOD STANDING AT ITS ANNUAL MEETING. MEMBERS NOT IN COMPLIANCE HAVE THEIR BOARD SERVICE TERMINATED. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE CEO. THE BOARD USES WAGE REPORTS FROM THE DELAWARE DEPARTMENT OF LABOR AND DANA AS A RESOURCE TO DETERMINE COMPARABLE WAGES IN THE INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 15B WAGE REPORTS FROM THE DELAWARE DEPARTMENT OF LABOR AND DANA ARE USED AS RESOURCES TO DETERMINE COMPARABLE WAGES FOR KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG.