NonprofitsInspiring Futures Inc

Human Services

Inspiring Futures Inc

NEW YORK, NY

Total revenue

$504K

Total expenses

$416K

Net assets

$355K

Grants received

$452K

9 grants

EIN

922460863

Tax year

2024

Mission

Inspiring futures was formed on november 16, 2022 . Their mission is to improve high school and college educational outcomes for youth with current or past involvement in the child welfare, homeless, juvenile justice systems through comprehensive and flexible mental health and academic support.

Financials

FY 2024

Revenue

Contributions & grants$492K
Program service revenue$10K
Investment income$2K
Other revenue
Total revenue$504K

Expenses

Grants paid
Salaries & benefits$333K
Fundraising
Other expenses$83K
Total expenses$416K
Total assets$432K
Net assets$355K

People

8 listed

NameRoleCompensation

VICKY GARALINA

EXECUTIVE DI

Board

$70K

40 hrs/wk

SALEM ABOGHODIEH

GENERAL BOAR

Board

1 hrs/wk

HENRY LOVE

BOARD PRESID

Board

1 hrs/wk

SHAWN O'RILEY

GENERAL BOAR

Board

1 hrs/wk

DORA OWUOR

BOARD SECRET

Board

1 hrs/wk

TERRENCE SMITH

GENERAL BOAR

Board

1 hrs/wk

VICTOR TARANTINO

COMPLIANCE O

Board

1 hrs/wk

NICHOLAS WOO

BOARD TREASU

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$125K
GENERAL OPERATING SUPPORT
2024
$85K
TO SUPPORT CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES.
2024
$25K
GENERAL OPERATING SUPPORT
2024
$15K
GENERAL OPERATING SUPPORT
2024
$10K
GENERAL PURPOSE
2024
$60K
UNRESTRICTED GRANT
2023
$40K
TO ASSIST IN THE STARTUP OF NONPROFIT
2023

Funded by

$452K from 9 funders · 9 grants · 2022–2024

Solon E Summerfield Foundation Inc

$125K · 1 grant · 2024

Brooklyn Community Foundation

$85K · 1 grant · 2022

The Bronx Community Foundation Inc

$85K · 1 grant · 2024

Camelback Ventures

$40K · 1 grant · 2023

Donald A Pels Charitable Trust Utd

$25K · 1 grant · 2024

Mary J Hutchins Foundation Inc

$15K · 1 grant · 2024

Edelweiss Foundation

$10K · 1 grant · 2024

Details

EIN922460863
NTEE codeP20
Subsection03
Ruling date2023-05
Formed2022
Employees6
Volunteers2
INSPIRING FUTURES INC — Mission, Financials & Grants Received | Grantivo