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Human Services : Youth Development, Shelter, and Crisis Services

Futures and Options

Connecting urban youth to careers.

four stars

91.17

120 Broadway Suite 1019
New York, NY 10271
tel: (212) 601-0002   Web Site
EIN: 13-4063658

Board Leadership
Stephen E. Hessler
Chairman

CEO
Patty Machir
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.17 four stars
  Financial 94.11 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Founded in 1999, Futures and Options fills a critical need, providing our low-income, minority youth with the training and access they need to compete for jobs. By partnering with New York's business community, Futures and Options opens doors for underserved youth to build meaningful professional careers. We also provide businesses with a trained, educated, and diverse young workforce. Futures and Options offers three key programs: Career Essentials, The Internship Program and The College Guidance Initiative. Futures and Options' mission is to empower New York City's underserved youth to explore careers and to guide them to further their education.

Founded in 1999, Futures and Options fills a critical need, providing our low-income, minority youth with the training and access they need to compete for jobs. By partnering with New York's business community, Futures and Options opens doors for underserved youth to build meaningful professional careers. We also provide businesses with a trained, educated, and diverse young workforce. Futures and Options offers three key programs: Career Essentials, The Internship Program and The College Guidance Initiative. Futures and Options' mission is to empower New York City's underserved youth to explore careers and to guide them to further their education.

Impact Information

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Reported Results
Total in 2018
Number of students enrolled
1,486
Number of high school seniors who graduate from high school on time
99
Number of high school graduates who are persisting in college
97
This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

94.11

Accountability & Transparency

three stars

89.00

This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.9%
  Administrative Expenses 12.5%
  Fundraising Expenses 5.4%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.55
  Program Expenses Growth 20.5%
  Liabilities to Assets 6.4%
All data for Financial Performance Metrics calculations was provided by Futures and Options on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Futures and Options on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Futures and Options (NY) 91.17 four stars
Boys & Girls Clubs of Dorchester (MA) 88.53 three stars
Big Brothers Big Sisters of Greater Pittsburgh (PA) 87.14 three stars
Creative Action (TX) 88.07 three stars
Boy Scouts of America, Mason-Dixon Council (MD) 88.24 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,500,601
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $866,801
   Related Organizations $0
   Government Grants $47,046
Total Contributions $2,414,448
   Program Service Revenue $792,094
Total Primary Revenue $3,206,542
   Other Revenue $6,573
TOTAL REVENUE $3,213,115
   
EXPENSES  
   Program Expenses $2,381,199
   Administrative Expenses $376,209
   Fundraising Expenses $170,214
TOTAL FUNCTIONAL EXPENSES $2,927,622
   
Payments to Affiliates $0
Excess (or Deficit) for the year $285,493
   
Net Assets $1,305,066

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Career Development $2,381,199 100.0%

Ratings History
Futures and Options has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 12/01/2020 91.17 four stars
2018-06 09/03/2019 92.28 four stars
2017-06 09/01/2018 91.28 four stars
2016-06 07/01/2017 84.58 three stars
2015-06 11/01/2016 81.93 three stars
2014-06 06/01/2016 77.56 two stars
 
CN 2.0
2014-06 02/01/2016 81.69 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-4063658
Name in IRS Master File FUTURES AND OPTIONS INC
NTEE Code B90
NTEE Classification Educational Services and Schools - Other
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 2000
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$167,644 5.72% Patricia S. Machir Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Futures and Options (NY) 91.17 four stars
Boys & Girls Club of Hollywood (CA) 91.77 four stars
Boys & Girls Clubs of Greater San Diego (CA) 91.82 four stars
Boys & Girls Clubs of Palm Beach County (FL) 95.47 four stars
Helping Abused Neglected Disadvantaged Youth (FL) 85.92 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Futures and Options
120 Broadway
Suite 1019
New York, NY 10271
tel: (212) 601-0002
EIN: 13-4063658

Visit Web Site

Board Leadership

Stephen E. Hessler
Chairman

CEO

Patty Machir
Executive Director

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