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Futures Inc

EIN 59-2560862 · Daytona Beach, FL

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Mission: "To engage business, civic, and district leaders to promote and achieve educational excellence for Volusia County Public Schools."

Income
$1.3 million
Spending
$1.0 million
Spent on programs
91%
Reserves
23.9 months of spending
Largest source of income
donations and private grants, 64%
Employees
0
Volunteers
120
Highest pay
$82,831, executive director

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

Financial health

Strong: 100 out of 100. Higher than 91% of charities in its peer group (education, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 23.9 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 23% of income.

  • Income trend

    15 of 15

    Income rose 11% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 0 cents.

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

Governance

Strong: 90 out of 100. Higher than 57% of charities in its peer group (education, $1m to $10m).

  • Independent board

    25 of 25

    29 of 29 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

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited 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

Impact evidence

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

Programs described in its return (3)
  1. $465,651 spent. AT VARIOUS RECOGNITION EVENTS, FUTURES, INC. HONORS AND RECOGNIZES THE OUTSTANDING ACCOMPLISHMENTS OF DISTRICT STUDENTS AND TEACHERS. STUDENT PROGRAMS INCLUDE TOMORROW'S LEADERS FOR HIGH SCHOOL JUNIORS AND THE TURN AROUND PROGRAM FOR MIDDLE AND HIGH SCHOOL STUDENTS. IN ADDITION, MANY STAFF RECOGNITION PROGRAMS ARE IN PLACE, INCLUDING NEW TEACHER PRE-SERVICE EVENTS; PRINCIPAL OF THE YEAR AWARDS; SUPERINTENDENTS'S OUTSTANDING ACHIEVEMENT AWARDS; TEACHER OF THE YEAR AWARDS; AND FIRST YEAR TEACHER AWARDS.
  2. $357,952 spent. FUTURES,INC. IS COMMITTED TO DEVELOPING PROGRAMS THAT GENERATE COMMUNITY SUPPORT FOR THE FUNDING OF SCHOLARSHIPS FOR VOLUSIA COUNTY PUBLIC SCHOOL STUDENTS IN AN EFFORT TO REDIRECT THEIR LIVES AND ENHANCE THEIR CAREER GOALS. IT ALSO IS COMMITTED TO THE FUNDING OF SCHOOL GRANTS FOR PROJECTS RELATING TO LOW PERFORMING STUDENTS AND IMPROVING LITERACY AS WELL AS TEACHER CLASSROOM GRANTS FOR CLASSROOM/SCHOOL PROJECTS. SCHOOL DISTRICT EDUCATION FOUNDATION MATCHING GRANT FUNDING AS WELL AS COMMUNITY AND CORPORATE SUPPORT ARE USED TO FUND THESE PROGRAMS. THE STUDENT PREPAID SCHOLARSHIPS FOR TAKE STOCK IN CHILDREN ARE PURCHASED BY THE ORGANIZATION FROM THE FLORIDA PREPAID COLLEGE FOUNDATION THROUGH A COMBINATION OF DIRECT MEMBER, LOCAL BUSINESS AND COMMUNITY ORGANIZATION SOURCES.
  3. $95,960 spent. FUTURES,INC. IS COMMITTED TO PROVIDING CONTINUED FINANCIAL SUPPORT TO QUALIFYING AND INDIVIDUAL VOLUSIA SCHOOL DISTRICT EMPLOYED TEACHERS THROUGH THE AWARDING OF CLASSROOM GRANTS TO THEIR SCHOOLS WHICH ARE TO BE USED FOR VARIOUS CLASSROOM PROJECTS.

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

Legitimacy checks

  1. 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.

  2. 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 October 13, 2026.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2005.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.