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Education : Youth Education Programs and Services

Philadelphia Futures

A Union of White-Williams Scholars & Philadelphia Futures

four stars

91.49

230 South Broad Street 7th Floor
Philadelphia, PA 19102
tel: (215) 790-1666   Web Site
EIN: 23-1365983

Board Leadership
Phil Weinberg
President

CEO
Sara Woods
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 91.49 four stars
  Financial 95.12 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 11/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Philadelphia Futures: a union of White-Williams Scholars and Philadelphia Futures provides Philadelphia's low-income, first-generation-to-college students with the tools, resources and opportunities necessary for admission to and success in college. Working with volunteer mentors, donors, and school and college personnel in direct service to students, in partnership with educational institutions, and in advocacy activities in the broader community, Philadelphia Futures increases the percentage of Philadelphia graduates prepared for higher education, while simultaneously reducing the institutional barriers to their academic success. Philadelphia Futures operates on the belief that a college education is the portal to economic self-sufficiency and a satisfying life.

Philadelphia Futures: a union of White-Williams Scholars and Philadelphia Futures provides Philadelphia's low-income, first-generation-to-college students with the tools, resources and opportunities necessary for admission to and success in college. Working with volunteer mentors, donors, and school and college personnel in direct service to students, in partnership with educational institutions, and in advocacy activities in the broader community, Philadelphia Futures increases the percentage of Philadelphia graduates prepared for higher education, while simultaneously reducing the institutional barriers to their academic success. Philadelphia Futures operates on the belief that a college education is the portal to economic self-sufficiency and a satisfying life.

Financial

four stars

95.12

Accountability & Transparency

three stars

89.00

This rating was published 11/01/2018 and includes data from FY2017, 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)
85.9%
  Administrative Expenses 8.0%
  Fundraising Expenses 6.0%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 3.18
  Program Expenses Growth 5.1%
  Liabilities to Assets 1.3%
All data for Financial Performance Metrics calculations was provided by Philadelphia Futures on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Philadelphia Futures on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Philadelphia Futures (PA) 91.49 four stars
Network for Teaching Entrepreneurship (NY) 85.27 three stars
Communities In Schools of Georgia (GA) 85.85 three stars
Let's Get Ready (NY) 92.03 four stars
Communities in Schools of Richmond (VA) 87.37 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,831,700
   Federated Campaigns $52,281
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,883,981
   Program Service Revenue $0
Total Primary Revenue $1,883,981
   Other Revenue $566,809
TOTAL REVENUE $2,450,790
   
EXPENSES  
   Program Expenses $2,877,043
   Administrative Expenses $245,271
   Fundraising Expenses $182,526
TOTAL FUNCTIONAL EXPENSES $3,304,840
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-854,050
   
Net Assets $12,282,448

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
Pre-College Programs $1,514,666 52.6%
College Retention and Success Services $778,447 27.1%
Outreach Futures $291,509 10.1%

Ratings History
Philadelphia Futures has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 11/01/2018 91.49 four stars
2016-06 03/01/2018 91.87 four stars
2015-06 12/01/2016 91.23 four stars
2014-06 06/01/2016 92.22 four stars
 
CN 2.0
2014-06 11/01/2015 92.15 four stars
2013-06 08/01/2014 92.14 four 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 23-1365983
Name in IRS Master File PHILADELPHIA FUTURES
NTEE Code B91
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
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 May, 1949
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, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

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

Compensation % of Expenses Paid to Title
$130,000 3.93% Joan C. Mazzotti Executive Director
Other Salaries of Note
Not compensated -- Sara Woods Former Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Philadelphia Futures (PA) 91.49 four stars
Partnership with Children (NY) 95.13 four stars
AMIT (NY) 92.77 four stars
Taco Bell Foundation (CA) 93.86 four stars
Communities In Schools of Georgia (GA) 85.85 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Philadelphia Futures
230 South Broad Street
7th Floor
Philadelphia, PA 19102
tel: (215) 790-1666
EIN: 23-1365983

Visit Web Site

Board Leadership

Phil Weinberg
President

CEO

Sara Woods
Executive Director

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