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Nonprofit · EIN 46-2986201

FUTURE 5 INC

Also known as FUTURE 5

Tax-exempt · STAMFORD, CT 06901

Financials

$1.8M$2M2022$2M$2.1M2023$2.7M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of FUTURE 5 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,746,693$2,387,917$358,776$4,204,623$1,613,921$2,590,702
June 30, 2024990$1,960,564$2,071,413-$110,849$2,288,014$56,088$2,231,926
June 30, 2023990$1,771,785$1,956,385-$184,600$2,386,294$43,519$2,342,775
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,740,405
of which government grants
$25,000
Program service revenue
$0
Investment income
$82,120
Net gain from sales of assets
$3,292
Net income from fundraising events
-$75,832
Other revenue
-$75,832

Expenses

Grants and similar amounts paid
$256,977
Compensation of officers, directors and key employees
$165,673
Other salaries and wages
$1,101,288
Salaries, compensation and benefits (total)
$1,502,888
Professional fundraising fees
$0
Accounting fees
$10,996
Occupancy
$186,425
Travel
$2,345
Depreciation
$128,428
Program services (functional)
$1,907,059
Management and general (functional)
$133,991
Fundraising (functional)
$346,867

Balance sheet and other

Total assets, start of year
$2,288,014
Total assets, end of year
$4,204,623
Total liabilities, end of year
$1,613,921
Net assets, end of year
$2,590,702
Land, buildings and equipment
$76,510
Publicly traded securities
$1,010,638
Net assets without donor restrictions
$2,029,737
Net assets with donor restrictions
$560,965
Gross receipts
$3,349,049
Employees
29
Volunteers
125
Year formed
2013
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
AMANDA DUBOIS-MWAKEEXEC DIRECTOR
Highest-paid employee
40$150,999
CLIFTON MCFEELYFOUNDER/BOARD MEMBER
Trustee or director
5$19,173
RICK SWIFTCHAIRMAN
Trustee or director, Officer
2.5$0
JOHN WELCHVICE CHAIRMAN
Trustee or director, Officer
0.81$0
KAM CHEUNGBOARD/TREASURER (EFFECTIVE 1/1/25)
Trustee or director, Officer
2.43$0
CHRISTOPHER WRIGHTSECRETARY
Trustee or director, Officer
0.81$0
POLLY PERKINS JOHNSONBOARD MEMBER
Trustee or director
2.43$0
JESSICA LEEBOARD MEMBER
Trustee or director
0.81$0
JOHN BONORABOARD/TREASURER (THROUGH 12/31/24)
Trustee or director
0.81$0
SUE RICHBOARD MEMBER
Trustee or director
2.43$0
JIM FOXBOARD MEMBER (EFFECTIVE 6/2025)
Trustee or director
2.43$0
NANCY FINK BENJAMINBOARD MEMBER
Trustee or director
0.81$0
ROB ROBERTOBOARD MEMBER
Trustee or director
2.43$0
JEFF GROWNEYBOARD MEMBER (THROUGH 5/2025)
Trustee or director
2.43$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensation
AMANDA DUBOIS-MWAKEEXEC DIRECTOR
Highest-paid employee
40$145,500
CLIFTON MCFEELYFOUNDER/BOARD MEMBER
Trustee or director
40$36,000
RICK SWIFTCHAIRMAN
Trustee or director, Officer
2$0
LINDSAY VALKVICE CHAIRMAN
Trustee or director, Officer
0.5$0
JOHN BONORATREASURER
Trustee or director, Officer
2$0
CHRISTOPHER WRIGHTSECRETARY
Trustee or director, Officer
1$0
POLLY PERKINS JOHNSONBOARD MEMBER
Trustee or director
15$0
JESSICA LEEBOARD MEMBER
Trustee or director
0.5$0
MARVIN LOUISBOARD MEMBER
Trustee or director
0.5$0
SUE RICHBOARD MEMBER
Trustee or director
0.5$0
JENNY SIGUABOARD MEMBER
Trustee or director
0.5$0
NANCY BENJAMINBOARD MEMBER
Trustee or director
0.5$0
JOHN WELCHBOARD MEMBER
Trustee or director
0.5$0
JEFF GROWNEYBOARD MEMBER
Trustee or director
0.5$0
ROB ROBERTOBOARD MEMBER
Trustee or director
0.5$0
KAM CHEUNGBOARD MEMBER
Trustee or director
0.5$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensation
AMANDA DUBOIS-MWAKEEXEC DIRECTOR
Highest-paid employee
40$124,908
CLIFTON MCFEELYFOUNDER/BOARD MEMBER
Trustee or director
40$36,000
RICK SWIFTCHAIRMAN
Trustee or director, Officer
2$0
LINDSAY VALKVICE CHAIRMAN
Trustee or director, Officer
0.5$0
JOHN BONORATREASURER
Trustee or director, Officer
2$0
CHRISTOPHER WRIGHTSECRETARY
Trustee or director, Officer
1$0
POLLY PERKINS JOHNSONBOARD MEMBER
Trustee or director
15$0
JESSICA LEEBOARD MEMBER
Trustee or director
0.5$0
MARVIN LOUISBOARD MEMBER
Trustee or director
0.5$0
SUE RICHBOARD MEMBER
Trustee or director
0.5$0
JENNY SIGUABOARD MEMBER
Trustee or director
0.5$0
NANCY BENJAMINBOARD MEMBER
Trustee or director
0.5$0
FRANK LYONBOARD MEMBER
Trustee or director
0.5$0
JEFF GROWNEYBOARD MEMBER
Trustee or director
0.5$0
JUDITH CORPREWBOARD MEMBER
Trustee or director
0.5$0
ANDREI SAUNDERSBOARD MEMBER
Trustee or director
0.5$0
FRITZ CHERYBOARD MEMBER
Trustee or director
0.5$0
LUKE ZULAUFBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
4 LANDMARK SQ, STAMFORD, CT 06901-2502
In care of
% FUTURE 5
Principal officer (990 for 2024)
JOHN WELCH, 4 LANDMARK SQUARE, STAMFORD, CT 06901
Signed the 990
KAM CHEUNG, TREASURER
Phone
(203) 358-8787
Return prepared by
WALTER J MCKEEVER & COMPANY LLC

Mission

FUTURE 5 CONNECTS MOTIVATED, UNDER-RESOURCED STUDENTS IN STAMFORD TO THE PEOPLE AND RESOURCES THEY NEED TO ACHIEVE THEIR EDUCATIONAL, CAREER AND LIFE GOALS.

990 for the year ended June 30, 2025

Program accomplishments

  • HERE TO THERE: IS THE FUTURE 5 CHARACTER BUILDING PROGRAM THAT IS A REQUIREMENT FOR ALL HIGH SCHOOL STUDENTS TO BE CONSIDERED A FUTURE 5 MEMBER AND BE ELIGIBLE FOR ALL OTHER GENERAL MEMBERSHIP BENEFITS. STUDENTS MEET WEEKLY FOR A 6 WEEK WORKSHOP TO DEFINE AND DISCUSS SHORT AND LONG TERM GOALS AND ADDRESS OBSTACLES ("GREMLINS") THAT STAND IN THE WAY OF REACHING THEM: HOW DO YOU GET FROM "HERE TO THERE"? WORKING IN SMALL GROUPS, STUDENTS AND COACHES DISCUSS SPECIFIC STEPS STUDENTS CAN TAKE TO NAVIGATE THESE OBSTACLES. ADDITIONAL TOPICS INCLUDE COMMITMENT, SUCCESS, GRIT/RESILIENCE AND SELF ADVOCACY. IN THE LAST SESSION, STUDENTS MEET WITH AN INDIVIDUAL COACH TO DEVISE A "GAME PLAN" FOR SUCCESS. ALL OTHER MEMBERSHIP PRIVILEGES BECOME AVAILABLE TO STUDENTS UPON GRADUATION FROM THIS WORKSHOP: ACADEMIC SUPPORT, BRAINWAVE, ENRICHMENT ACTIVITIES, GENERAL MEMBERSHIP SUPPORT AS ACCESSED AND/OR NEEDED (FOOD, STUDENT EMERGENCIES, AMBASSADOR PROGRAM, ETC.). FUTURE 5 SERVED 200 HIGH SCHOOL STUDENTS.
    Expenses $754,754
  • COLLEGE PREP: A YEAR-ROUND PROGRAM THAT GUIDES HIGH SCHOOL SENIORS AND JUNIORS THROUGH THE ENTIRE COLLEGE SEARCH PROCESS. THESE WORKSHOPS ARE STAFF LED AND FORMALLY MEETS BETWEEN 1-2 HOURS/WEEK FOR SENIORS AND 2 HOURS MONTHLY FOR JUNIORS FROM JANUARY THROUGH MAY WITH VOLUNTEER SUPPORT.ACCOMPLISHMENTS: 1) 100% HIGH SCHOOL GRADUATION2) 138 HIGH SCHOOL JUNIORS & SENIORS PARTICIPATED IN THIS PROGRAM3) 98% OF ELIGIBLE HIGH SCHOOL SENIORS COMPLETED THE FAFSA APPLICATION4) 93% OF SENIOR MEMBERS PARTICIPATING IN COLLEGE PREP WITH 98% COMMITTING TO COLLEGE, 2% COMMITTING TO TRADE/OTHER AND 0% MILITARY5) $311,374 IN FUTURE 5 CONNECTED SCHOLARSHIPS SUPPORTING 64% OF GRADUATING SENIORS TO START COLLEGE WITH $0 DEBT
    Expenses $324,237
  • COLLEGE SUCCESS: FUTURE 5'S COLLEGE SUCCESS PROGRAM ENSURES OUR STUDENTS THRIVE DURING THEIR COLLEGE JOURNEY BY CONNECTING THEM TO THE PEOPLE AND RESOURCES THEY NEED TO ENSURE COLLEGE PROGRESSION AND SECURE A PATHWAY TO REACH THEIR EARLY CAREER GOALS. THE FOCUS OF THE COLLEGE SUCCESS PROGRAM IS TO PROVIDE STUDENTS WITH A MULTI-LAYERED NETWORK OF ACADEMIC, FINANCIAL, SOCIAL/EMOTIONAL AND CAREER SUPPORT AS OUR STUDENTS NAVIGATE THEIR COLLEGE YEARS. WITH THE LACK OF OFFICE SPACE AT LOCAL CAMPUSES, FUTURE 5 SECURED ADDITIONAL OFFICE SPACE TO HOST THIS PROGRAM IN HOUSE. 162 STUDENTS PARTICIPATED IN THIS PROGRAM. 97% OF PARTICIPANTS PERSISTED FROM YEAR 1 TO YEAR 2 OF COLLEGE.
    Expenses $587,372 · grants $256,977
  • NEXT TRACK, OUR JOB PREP: A WEEKLY WORKSHOP THAT MEETS JANUARY THROUGH APRIL THAT FOCUSES ON "SOFT SKILLS" (HANDSHAKE, EYE CONTACT, FIRST IMPRESSION), "ELEVATOR PITCH", CAREER EXPLORATION, MOCK INTERVIEWS, CONFLICT RESOLUTION, RESUME PREPARATION, JOB APPLICATION AND FOLLOW UP PROCEDURES. STUDENTS ARE PAIRED WITH COACHES FOR A VARIETY OF ROLE-PLAYING SCENARIOS. STUDENTS WHO COMPLETE JOB PREP ARE GIVEN THE OPPORTUNITY TO RECEIVE A LETTER OF RECOMMENDATION, COPIES OF THEIR RESUME AND A PROFESSIONAL CERTIFICATE. COMMUNITY SERVICE: OUR MEMBERS CONNECT TO THE COMMUNITY, DEVELOP A SENSE OF CIVIC RESPONSIBILITY, AND LEARN THE JOYS OF GIVING TO OTHERS. FUTURE 5 STUDENTS PARTICIPATED IN A BEAUTIFICATION PROJECT FOR KOSCIUSZKO PARK AND COLLABORATED WITH OTHER COMMUNITY INITIATIVES INCLUDING WHEEL IT FORWARD, POLLINATOR PATHWAY OF STAMFORD, ARI AND PERSON TO PERSON (TO NAME A FEW).ALUM 5: FOSTERING ADULT LIFE SKILLS, OUR COLLEGE/TRADES/MILITARY GRADUATES HAVE AN OPPORTUNITY TO RECEIVE PROFESSIONAL CAREER ADVICE, STRENGTHEN FINANCIAL LITERACY SKILLS, AND ALSO TO GIVE BACK EITHER BY BECOMING MENTORS THEMSELVES, PROVIDING INTERNSHIP/JOB OPPORTUNITIES FOR OUR YOUNGER STUDENT MEMBERS OR FACILITATING WORKPLACE DONATIONS TO FUTURE 5.
    Expenses $240,696

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-2986201
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,204,623
Income (IRS master file)
$3,349,049

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,746,693$2,387,917$4,204,623IRS
990-TJune 2025–––IRS
990June 2024$1,960,564$2,071,413$2,288,014IRS
990-TJune 2024–––IRS
990June 2023$1,771,785$1,956,385$2,386,294IRS
990-TJune 2023–––IRS
990June 2022$1,897,428$1,569,767$2,567,154IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-2986201).

Questions about FUTURE 5 INC

What is the EIN of FUTURE 5 INC?
The employer identification number (EIN) of FUTURE 5 INC is 46-2986201.
Is FUTURE 5 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FUTURE 5 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUTURE 5 INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FUTURE 5 INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUTURE 5 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FUTURE 5 INC?
The 990 for the year ended June 30, 2025 names JOHN WELCH.
Who are the officers and directors of FUTURE 5 INC?
The 990 for the year ended June 30, 2025 lists 14 people; 2 received compensation from the organization, the highest $150,999 (AMANDA DUBOIS-MWAKE, EXEC DIRECTOR).
How much revenue does FUTURE 5 INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,746,693, expenses of $2,387,917 and total assets of $4,204,623 at year end.

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