Passes our checks

Future Ready Five

EIN 45-3819208 · Columbus, OH

Public records show a registered, tax-exempt organization in good standing.

What it says it does

OUR GOAL IS TO HAVE 100% OF OUR COUNTY'S CHILDREN DEMONSTRATE KINDERGARTEN READINESS WHEN TAKING OHIO'S KINDERGARTEN READINESS ASSESSMENT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 47 out of 100. Higher than 15% of charities in its peer group (human services, $1m to $10m).

Reserves
10 of 35
Spendable reserves would cover 2.6 months of spending.
Debt
10 of 20
It owes 47% of what it owns.
Living within its means
12 of 15
Income exceeded spending by 0% of income.
Income trend
0 of 15
Income fell 63% on the year before.
Spending floor
15 of 15
91% of spending went to programs and raising each dollar of donations cost 2 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 84 out of 100. Higher than 36% of charities in its peer group (human services, $1m to $10m).

Independent board
25 of 25
12 of 12 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Independent check of accounts
0 of 15
Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)

$4.1 million spent. FRANKLIN COUNTY RISE IS AN INNOVATIVE PARTNERSHIP BETWEEN FRANKLIN COUNTY AND FUTURE READY FIVE, WHICH ADMINISTERS THE PROGRAM, TO PROVIDE ACCESS AND OPPORTUNITY FOR OUR EARLY CHILD CARE PROVIDERS, EDUCATORS, AND THEIR FAMILIES. THE FUNDS ARE MADE POSSIBLE THANKS TO THE AMERICAN RESCUE PLAN ACT. FRANKLIN COUNTY RISE TAKES A WHOLE SYSTEM APPROACH, OFFERING AN ARRAY OF GRANTS AND INCENTIVES TO IMPROVE ACCESS TO AFFORDABLE, HIGH-QUALITY EARLY LEARNING FOR FAMILIES, INVEST IN CHILD CARE PROGRAMS SO THEY CAN SERVE MORE FAMILIES AND SUPPORT EDUCATORS WHO PURSUE PROFESSIONAL GROWTH AND INDUSTRY RECOGNIZED CERTIFICATIONS.
$446,823 spent. IN OUR KINDERGARTEN READINESS COLLABORATIVE (KRC) PROGRAM, WE PARTNER WITH EARLY CHILDCARE LEARNING CENTERS; ASSESSING EACH OF THEIR CHILDREN'S INDIVIDUAL NEEDS, PROVIDING TRAINING AND SUPPORT FOR THEIR DEDICATED TEACHERS AND STAFF, AND OFFERING VIRTUAL WORKSHOPS FOR THE PARENTS, ALL CENTERED AROUND BUILDING FOUNDATIONAL LITERACY SKILLS. IN THIS WAY, WE ARE ALL WORKING TOGETHER, OR COLLABORATING, TO ENSURE THAT EVERY CHILD IN OUR PROGRAM IS KINDERGARTEN READY.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2012.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

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