Nonprofit · EIN 99-4968226
INNOVATIVE FUTURE COLLECTIVE
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $585,000 | $417,823 | $167,177 | $156,271 | $0 | $156,271 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $585,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $55,500
- Legal fees
- $45,145
- Accounting fees
- $9,418
- Occupancy
- $10,500
- Travel
- $105,187
- Depreciation
- $3,795
- Program services (functional)
- $208,349
- Management and general (functional)
- $136,309
- Fundraising (functional)
- $73,165
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $156,271
- Total liabilities, end of year
- $0
- Net assets, end of year
- $156,271
- Land, buildings and equipment
- $24,472
- Net assets without donor restrictions
- $156,271
- Gross receipts
- $585,000
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2024
- State of legal domicile
- DE
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY KENNEDY | FOUNDER/PRESIDENT Trustee or director, Officer | 10 | $0 |
| TONYA FULKERSON | FOUNDER/BOARD MEMBER Trustee or director | 10 | $0 |
| ELIZABETH JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JENNIFER POERSCH | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 M ST SE 330, WASHINGTON, DC 20003-3519
- In care of
- % ASHLEY KENNEDY
- Principal officer (990 for 2025)
- ASHLEY KENNEDY, 100 M ST SE 330, WASHINGTON, DC 20003
- Signed the 990
- ASHLEY KENNEDY, CO-FOUNDER
- Phone
- (202) 546-5004
- 990-N for 2024 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: ASHLEY KENNEDY, 660 PENNSYLVANIA AVE SE 201, WASHINGTON DC 20003. Mailing address: 660 PENNSYLVANIA AVE SE 201, WASHINGTON DC 20003.
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
THE PURPOSE OF INNOVATIVE FUTURE COLLECTIVE (IFC) IS BE A NONPARTISAN FORUM TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT ARTIFICIAL INTELLIGENCE, ITS APPLICATIONS ACROSS INDUSTRIES, AND ITS IMPLICATIONS FOR OUR FUTURE. IFC'S MISSION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES THAT ARE DYNAMIC, HANDS-ON, AND GROUNDED IN REAL-WORLD EXAMPLES.
Program accomplishments
- EDUCATIONAL AND PROFESSIONAL DEVELOPMENT TRAVEL WHEREBY IFC ORGANIZES TRIPS FOR AI EXPERTS, AI BUSINESSES, AND POLICY MAKERS TO SHOWCASE THE ADVANCEMENTS AND USES OF AI TECHNOLOGY ACROSS RESEARCH, BUSINESS, AND GOVERNMENT SECTORS.Expenses $132,232
- EDUCATIONAL AI TECHNOLOGY SHOWCASES AND COLLABORATION OPPORTUNITIES WHEREBY IFC ORGANIZES EVENTS IN WASHINGTON, DC, AND OTHER LOCATIONS AROUND THE COUNTRY, FOR AI EXPERTS AND AI BUSINESSES TO CONNECT WITH THE PUBLIC AND POLICY MAKERS.Expenses $67,258
- EDUCATIONAL SERIES FOR THE PUBLIC AND POLICY MAKERS WHEREBY SUBJECT MATTER EXPERTS IN DC ARE FEATURED ON A REGULAR BASIS TO EDUCATE REGARDING AI ISSUES.Expenses $8,859
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-N on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-4968226
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U01)
- Assets (IRS master file)
- $156,271
- Income (IRS master file)
- $585,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $585,000 | $417,823 | $156,271 | XML |
| 990-N for 2024 Officer: ASHLEY KENNEDY Filed under this EIN, most likely by a chapter or affiliate | December 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
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 99-4968226).
Questions about INNOVATIVE FUTURE COLLECTIVE
- What is the EIN of INNOVATIVE FUTURE COLLECTIVE?
- The employer identification number (EIN) of INNOVATIVE FUTURE COLLECTIVE is 99-4968226.
- Is INNOVATIVE FUTURE COLLECTIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to INNOVATIVE FUTURE COLLECTIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INNOVATIVE FUTURE COLLECTIVE 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 INNOVATIVE FUTURE COLLECTIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INNOVATIVE FUTURE COLLECTIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INNOVATIVE FUTURE COLLECTIVE?
- The 990 for the year ended December 31, 2025 names ASHLEY KENNEDY.
- Who are the officers and directors of INNOVATIVE FUTURE COLLECTIVE?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does INNOVATIVE FUTURE COLLECTIVE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $585,000, expenses of $417,823 and total assets of $156,271 at year end.
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