Civic Intelligence

Future Majority Inc

990 • Fiscal year 2023 • EIN 61-1871761

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

1200 Pennsylvania Ave 268Washington, DC 20044

(502) 762-2063

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

27th percentile

0.00x

Higher debt load relative to revenue than 27% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

11th percentile

-24%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

91st percentile

$198,000

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

2nd percentile

-56%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-62%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$712,753

Down $910,917 (-56%) from 2022

Net Assets

Down

$711,971

Down $911,084 (-56%) from 2022

Liabilities

Up

$782

Up $167 (+27%) from 2022

Revenue

Down

$3,802,585

Down $6,190,152 (-62%) from 2022

Expenses

Down

$4,713,668

Down $5,806,948 (-55%) from 2022

Net Income

Down

-$911,083

Down $383,204 (-73%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $10,721Liabilities 2018: $0Net Assets 2018: $10,7212018Assets 2019: $96,583Liabilities 2019: $0Net Assets 2019: $96,5832019Assets 2020: $2,556,575Liabilities 2020: $17,484Net Assets 2020: $2,539,0912020Assets 2021: $2,151,859Liabilities 2021: $926Net Assets 2021: $2,150,9332021Assets 2022: $1,623,670Liabilities 2022: $615Net Assets 2022: $1,623,0552022Assets 2023: $712,753Liabilities 2023: $782Net Assets 2023: $711,9712023Assets 2024: $3,480,591Liabilities 2024: $575Net Assets 2024: $3,480,0162024

Highlighted filing

2023

Assets$712,753
Liabilities$782
Net Assets$711,971

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2018: $669,321Expenses 2018: $658,600Net Income 2018: $10,7212018Revenue 2019: $1,868,751Expenses 2019: $1,782,889Net Income 2019: $85,8622019Revenue 2020: $24,384,198Expenses 2020: $21,941,690Net Income 2020: $2,442,5082020Revenue 2021: $27,734,441Expenses 2021: $28,122,599Net Income 2021: -$388,1582021Revenue 2022: $9,992,737Expenses 2022: $10,520,616Net Income 2022: -$527,8792022Revenue 2023: $3,802,585Expenses 2023: $4,713,668Net Income 2023: -$911,0832023Revenue 2024: $17,337,091Expenses 2024: $14,569,046Net Income 2024: $2,768,0452024

Highlighted filing

2023

Revenue$3,802,585
Expenses$4,713,668
Net Income-$911,083
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$3,802,585
Mission and Program Overview

Mission

Future majority (fm) is a strategy center dedicated to building freedom, a fair shot, and the future for every american.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,595,545$701,128▼ $894,417
Intangible Assets$28,125$11,625▼ $16,500
Total Assets$1,623,670$712,753▼ $910,917
Liabilities
Accounts Payable and Accrued Expenses$615$782▲ $167
Total Liabilities$615$782▲ $167
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,623,055$711,971▼ $911,084
Total Net Assets Fund Balance$1,623,055$711,971▼ $911,084
Total Liabilities and Net Assets / Fund Balance$1,623,670$712,753▼ $910,917
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matthew TompkinsTreasurer, CFO & DirectorFT$198,000$198,000

Board Members and Trustees

NameTitle
Mark RiddlePresident & Director (see Sched L)
Dustin RobinsonCCO (see Sched L)

Highest Paid Contractors

ContractorServicesLocationCompensation
Jva Campaigns LLCMedia Buy And Ad Production230 E TOWN STREET FL 3, Columbus, OH 43215$3,504,798
Wildcat Digital LLCProgram And Management Services8619 BURNING TREE CIRCLE, Seminole, FL 33777$270,000
Clarity Digital Strategies LLCProgram Services808 LOUCUST POINTE PLACE, Louisville, KY 40245$198,050
Revenue and Support

Revenue Composition

Contributions and Grants
$3,802,585
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,802,585
Change in Net Assets
$-911,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,458,168
Salaries, Compensation, and Employee Benefits$198,000
Total Fundraising Expense$94,546
Grants and Similar Amounts Paid$57,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$3,515,900--$3,515,900
Fees for Services Other$563,587$29,556$65,905$659,048
Current Officers, Directors, Trustees, and Key Employees$79,200$99,000$19,800$198,000
Grants to Domestic Orgs$57,500--$57,500
Office Expenses-$34,438-$34,438
Travel$8,841$8,841$8,841$26,523
Fees for Services Accounting-$17,080-$17,080
Depreciation Depletion-$16,500-$16,500
Fees for Services Legal-$2,055-$2,055
Information Technology$143--$143
Other Expenses$139$534-$139
Total Functional Expenses$4,409,900$209,222$94,546$4,713,668
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ValorusSacramento, CA501c3Partnership and Organizational Outreach for Reproductive Freedom Program$57,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-The President & Ceo., Mark Riddle, Is the Owner of Wildcat Digital.Consulting - Management, Programs.No$270,000
-The Cco, Dustin Robinson, Is the Owner of Clarity Digital.Consulting - Programs.No$198,050
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Mark riddle, matt tompkins and dustin robinson have business relationships.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by the outside accountants and reviewed by senior management. A complete copy of the return was provided to the governing body before the form was filed.

Form 990, Part VI, Section B, Line 12C

Annually, officers, directors or trustees, and key employees are required to disclose interests that could give rise to conflicts. It also regularly and consistently monitors and enforces compliance with the policy. If an actual or possible conflict of interest arises, an interested person discloses the existence of the financial interest and is given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts and after any discussion with the interested person, he or she leaves the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members decide if a conflict of interest exists. If the board or committee has reasonable cause to believe a director or officer has failed to disclose actual or possible conflicts of interest, it informs the person of the basis for such belief and affords them an opportunity to explain the alleged failure to disclose. If, after hearing the director or officer's response and after making further investigation as warranted by the circumstances, the board or committee determines the person has failed to disclose an actual or possible conflict of interest, it takes appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15

The organization determined the top management official's compensation by comparing to organizations with similar missions and budgets. Once a budget was developed approval was voted to pass the budget. Contracts are kept on file to document the agreement. October 6, 2023 was the annual board meeting when we reviewed top management and financial officials and organizational financials.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Future Majority Inc
EIN
61-1871761
Phone
5027622063
Address
1200 PENNSYLVANIA AVE 268, WASHINGTON, DC 20044

Signing Officer

Name
Matthew Tompkins
Title
Finance Director & Chief of Staff
Phone
5027622063
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Tompkins
Formed
2018
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 800N, BETHESDA, MD 20814-2930
Preparer
Elizabeth W Heller
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractors: program service expenses 95,537. Management and general expenses 29,556. Fundraising expenses 65,905. Total expenses 190,998. Program & management: program service expenses 270,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 270,000. Research & communications consulting: program service expenses 198,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 198,050.

FORM 990, PART XI, LINE 9:

ROUNDING -1.

Raw XML Appendix382 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0PUBLIC EDUCATION CAMPAIGNS & COMMUNICATIONS:FUTURE MAJORITY CONTINUED TO ENGAGE THE GENERAL PUBLIC AND LEADERS BY COMMUNICATING THROUGH PUBLIC MEDIA TO EDUCATE AMERICANS ON ISSUES THAT IMPACT THEIR LIVES. KEY ISSUES INCLUDE HEALTHCARE AFFORDABILITY, REPRODUCTIVE FREEDOM AND EARNED WAGE ACCESS.BELOW ARE THE CAMPAIGNS: PUBLIC EDUCATION ON HEALTHCARE ISSUE ADVOCACY ON FEDERAL POLICIES TO LOWER HEALTHCARE COSTS AND PATIENT SAVINGS BY REQUIRING INSURANCE COMPANIES AND PBMS TO PASS HEALTH SAVINGS ON TO PATIENTS. PUBLIC EDUCATION AND ADVOCACY FOR PASSAGE OF THE REPRODUCTIVE FREEDOM FOR ALL ACT (S.4688). A CONTINUTION OF OUR FALL 2022 CAMPAIGN.PUBLIC EDUCATION ON OPEN COMMENT PERIOD IN CALIFORNIA ON A RULING BY THE CALIFORNIA DEPARTMENT OF FINANCIAL PROTECTION REGARDING EARNED WAGE ACCESS ISSUES IN THE STATE.FUTURE MAJORITY COMMUNICATED WITH THE PUBLIC THROUGH CABLE MEDIA AND DIGITAL CHANNELS TO EDUCATE THE AMERICANS ABOUT THESE ISSUES. GRASSROOTS ADVOCACY: FUTURE MAJORITY WORKED WITH VALOR US TO BUILD GRASSROOTS SUPPORT FOR FEDERAL LEGISLATION AROUND PASSING THE REPRODUCTIVE FREEDOM FOR ALL ACT (S. 4688), WORKING TO BUILD SUPPORT WITH KEY CONSTITUENT GROUPS TO URGE THE PASSAGE IN THE US SENATE FOR THE LEGISLATION. KEY CONSTITUENCY GROUPS INCLUDE SURVIVORS OF SEXUAL ASSUALT, VARIOUS WOMENS GROUPS AND A COALITION OF YOUNG VOTER GROUPS. THEY ENGAGED THESE COMMUNITIES THROUGH SOCIAL MEDIA CHANNELS AND GRASSROOTS EMAIL LISTS TO BUILD SUPPORT. A CONTINUTION OF OUR FALL 2022 CAMPAIGN.
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IRS990/ProgSrvcAccomActy2Grp/Desc0RESEARCH ON POLICY ISSUES, AND PUBLIC OPINION POLLING: THE CORNERSTONE OF FUTURE MAJORITY'S OPERATION IN 2023 WAS ITS PUBLIC POLICY RESEARCH AND PUBLIC OPINION POLLING. THE RESEARCH WAS USED TO INFORM FUTURE MAJORITY'S PUBLIC EDUCATION CAMPAIGNS, AS WELL AS INFORM LEADERS, ORGANIZATIONS, AND CIVIC GROUPS ON CRITICAL ISSUES. FUTURE MAJORITY PRODUCED QUARTERLY REPORTS OUTLINING RESEARCH FINDINGS AND RECOMMENDATIONS ON MESSAGING AROUND POLICY ISSUES. ALL RESEARCH IS AVAILABLE TO THE PUBLIC. IN ADDITION TO PUBLIC OPINION RESEARCH, FUTURE MAJORITY USED NEW MEDIA MONITIORING TOOLS TO TRACK PUBLIC COMMUNICATIONS BY ADVOCACY GROUPS AND CAMPAIGNS TO UNDERSTAND MESSAGING COMING FROM THESE ENTITIES. OUR TEAM EXPANDED OUTREACH EFFORTS TO INFORM AND SHARE THE RESEARCH FINDINGS WITH LIKEMINDED ORGANIZATIONS AND LEADERS IN GOVERNMENT AND PUBLIC POLICY.
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt057500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PARTNERSHIP AND ORGANIZATIONAL OUTREACH FOR REPRODUCTIVE FREEDOM PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VALORUS
IRS990ScheduleI/RecipientTable/RecipientEIN0942800985
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01215 K STREET SUITE 1850
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SACRAMENTO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd095814
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONDUCTS FOLLOW UP PHONE CALLS WITH THE GRANT RECIPIENTS TO GATHER INFORMATION ON THE STATUS OF THE INVESTMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0198000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MATTHEW TOMPKINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER, CFO & DIR.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0198000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0WILDCAT DIGITAL LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1CLARITY DIGITAL STRATEGIES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0THE PRESIDENT & CEO., MARK RIDDLE, IS THE OWNER OF WILDCAT DIGITAL.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1THE CCO, DUSTIN ROBINSON, IS THE OWNER OF CLARITY DIGITAL.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0270000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1198050
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSULTING - MANAGEMENT, PROGRAMS.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONSULTING - PROGRAMS.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0EACH INDIVIDUAL HAS UNIQUE SKILL SETS THAT DEMONSTRATE THE NEED FOR THIS LEVEL OF COMPENSATION BASED ON EXPERIENCE, TIME, AND RESOURCES THEY DEVOTE TO FULFILLING THEIR DUTIES ASSIGNED TO THEM BY THE ORGANIZATION. COMPENSATION IS BELOW MARKET VALUE COMPARED TO SIMILAR ORGANIZATIONS. THE ORGANIZATION ALSO DOES NOT COMPENSATE FOR OTHER BENEFITS SUCH AS HEALTHCARE OR RETIREMENT, WHICH ARE THE RESPONSIBILITY OF EACH INDIVIDUAL. EACH INDIVIDUAL IS A SOLE PROPRIETOR OF THE ENTITY THEY ARE PAID TO. IN ADDITION, EACH BOARD MEETING THERE IS A REVIEW OF COMPENSATION PRACTICES THAT IS VOTED ON DURING THE BUDGETARY PROCESS TO EMPLOY REASONABLE COMPENSATION STANDARDS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARK RIDDLE, MATT TOMPKINS AND DUSTIN ROBINSON HAVE BUSINESS RELATIONSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A COMPLETE COPY OF THE RETURN WAS PROVIDED TO THE GOVERNING BODY BEFORE THE FORM WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. IT ALSO REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY. IF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST ARISES, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE LEAVES THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A DIRECTOR OR OFFICER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT INFORMS THE PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORDS THEM AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE DIRECTOR OR OFFICER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR COMMITTEE DETERMINES THE PERSON HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT TAKES APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION DETERMINED THE TOP MANAGEMENT OFFICIAL'S COMPENSATION BY COMPARING TO ORGANIZATIONS WITH SIMILAR MISSIONS AND BUDGETS. ONCE A BUDGET WAS DEVELOPED APPROVAL WAS VOTED TO PASS THE BUDGET. CONTRACTS ARE KEPT ON FILE TO DOCUMENT THE AGREEMENT. OCTOBER 6, 2023 WAS THE ANNUAL BOARD MEETING WHEN WE REVIEWED TOP MANAGEMENT AND FINANCIAL OFFICIALS AND ORGANIZATIONAL FINANCIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACTORS: PROGRAM SERVICE EXPENSES 95,537. MANAGEMENT AND GENERAL EXPENSES 29,556. FUNDRAISING EXPENSES 65,905. TOTAL EXPENSES 190,998. PROGRAM & MANAGEMENT: PROGRAM SERVICE EXPENSES 270,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 270,000. RESEARCH & COMMUNICATIONS CONSULTING: PROGRAM SERVICE EXPENSES 198,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 198,050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01623670
IRS990/TotalAssetsEOYAmt0712753
IRS990/TotalAssetsGrp/BOYAmt01623670
IRS990/TotalAssetsGrp/EOYAmt0712753
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt03802585
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt094546
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0209222
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04409900
IRS990/TotalFunctionalExpensesGrp/TotalAmt04713668
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0615
IRS990/TotalLiabilitiesEOYAmt0782
IRS990/TotalLiabilitiesGrp/BOYAmt0615
IRS990/TotalLiabilitiesGrp/EOYAmt0782
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01623055
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0711971
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04409900
IRS990/TotalReportableCompFromOrgAmt0198000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03802585
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01623670
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0712753
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt08841
IRS990/TravelGrp/ManagementAndGeneralAmt08841
IRS990/TravelGrp/ProgramServicesAmt08841
IRS990/TravelGrp/TotalAmt026523
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01200 PENNSYLVANIA AVE 268
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0DC
IRS990/USAddress/ZIPCd020044
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.FUTUREMAJORITY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW TOMPKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCE DIRECTOR & CHIEF OF STAFF
ReturnHeader/BusinessOfficerGrp/PhoneNum05027622063
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUTURE MAJORITY INC
ReturnHeader/Filer/BusinessNameControlTxt0FUTU
ReturnHeader/Filer/EIN0611871761
ReturnHeader/Filer/PhoneNum05027622063
ReturnHeader/Filer/USAddress/AddressLine1Txt01200 PENNSYLVANIA AVE 268
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020044
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521392008
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELMAN ROSENBERG & FREEDMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04550 MONTGOMERY AVE SUITE 800N
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208142930
ReturnHeader/PreparerPersonGrp/PhoneNum03019519090
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH W HELLER
ReturnHeader/ReturnTs02024-11-15T07:40:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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