Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Work for the Future Foundation
EIN 82-2053764 • 501(c)3 • Fort Smith, AR
Profile
Trade school teaching business skills
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
37.45x
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
40th percentile
Higher net margin than 40% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Up$998
Up $95 (+11%) from 2022
Liabilities
Up$37,378
Up $989 (+2.7%) from 2022
Net Assets
Down-$36,380
Down $894 (-2.5%) from 2022
Revenue
Down$36,263
Down $10,580 (-23%) from 2022
Expenses
Up$37,157
Up $1,847 (+5.2%) from 2022
Net Income
Down-$894
Down $12,427 (-108%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $998
- Liabilities
- $37,378
- Net assets
- -$36,380
- Revenue
- $36,263
- Expenses
- $37,157
- Net income
- -$894
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Jun 5, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $36,263
Mission and Program Overview
Mission
Trade school teaching business skills
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MOVED TO FORT SMITH ARKANSAS AS GOV INSLEE MADE IT IMPOSSIBLE WITH ALL HIS MANDATES TO HAVE A TRADE SCHOOLSOLD HOME AND PURCHASED HOME COMPLETELY PAID OFF. NO MORTGAGE. | - | - |
| MOVERS DID NOT GET THE REST OF THE OFFICE IN FACT 67% WAS LEFT AT A FRIENDS 45 FOOT CONTAINER. COST OF MOVE WHICH WAS 90% OF BUSINESS WAS ALMOST $14,000. | - | - |
| RENTED OFFICE BUT THEY DID NOT TELL ME I HAD NO WAY TO PUT ANYTHING ON THE OFFICE DOOR OR THE OUTSIDE OFFICE WINDOWS TO ADVERTISE THE BUSINESS. LOOKING FOR NEW OFFICE. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KAREN E HAINLINE | President | FT | $0 | - | - |
| JESSE R SPENCE | Vice President | PT | $0 | - | - |
| STEPHANIE DOENGES | Secretary | PT | $0 | - | - |
| KAREN HAINLNE | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Work for the Future Foundation
- EIN
- 82-2053764
- Address
- 4101 GARY ST, FORT SMITH, AR 72903
Signing Officer
- Name
- Karen E Hainline
- Title
- President
- Phone
- 3609124371
- Signed
- 2024-06-05
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Work for the Future Foundation
- Address
- 4101 Gary St, Fort Smith, AR 72903
- Preparer
- Karen Hainline
- Phone
- 3609124371
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description amountadvertising 470auto expense 723bank service charges 597bankcard fees 20postage 1,136educational materials 41life insurance 913meals expense 5,858office supplies 1,471payroll expenses 1,787gifts expense 143internet expense 4,079license and permits 40property taxes 141security expense 168b&o tax 219cleaning expense 27client cost expense 6repairs and maintenance 1,929rent 2,107donations 2,400telephone 3,231”
Description of total liabilities Part II line 26
“Category beginning of year end of yearkarens accounting services inc 680 680officer payable cynthia 6 0payroll liabilities 1,148 1,252payroll protection prog loan 2,000 2,000sba loan 24,600 24,600officer payable karen 3,343 233misc liabilities 614 0officer payable jesse 3,998 8,613”
Raw XML Appendix145 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 78 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KAREN E HAINLINE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3609124371 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4101 GARY ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FORT SMITH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72903 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 903 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 998 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -894 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 903 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 998 |
| IRS990EZ/GrossReceiptsAmt | 0 | 36263 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 135 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -35486 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -36380 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -35486 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -36380 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 573 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KAREN E HAINLINE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JESSE R SPENCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STEPHANIE DOENGES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KAREN HAINLNE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27506 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TRADE SCHOOL TEACHING BUSINESS SKILLS |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 36128 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MOVED TO FORT SMITH ARKANSAS AS GOV INSLEE MADE IT IMPOSSIBLE WITH ALL HIS MANDATES TO HAVE A TRADE SCHOOLSOLD HOME AND PURCHASED HOME COMPLETELY PAID OFF. NO MORTGAGE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | MOVERS DID NOT GET THE REST OF THE OFFICE IN FACT 67% WAS LEFT AT A FRIENDS 45 FOOT CONTAINER. COST OF MOVE WHICH WAS 90% OF BUSINESS WAS ALMOST $14,000. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | RENTED OFFICE BUT THEY DID NOT TELL ME I HAD NO WAY TO PUT ANYTHING ON THE OFFICE DOOR OR THE OUTSIDE OFFICE WINDOWS TO ADVERTISE THE BUSINESS. LOOKING FOR NEW OFFICE. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 9000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 36389 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 37378 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 37157 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 36263 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.WORKFORTHEFUTUREFOUNDATION.ORG |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION AMOUNTADVERTISING 470AUTO EXPENSE 723BANK SERVICE CHARGES 597BANKCARD FEES 20POSTAGE 1,136EDUCATIONAL MATERIALS 41LIFE INSURANCE 913MEALS EXPENSE 5,858OFFICE SUPPLIES 1,471PAYROLL EXPENSES 1,787GIFTS EXPENSE 143INTERNET EXPENSE 4,079LICENSE AND PERMITS 40PROPERTY TAXES 141SECURITY EXPENSE 168B&O TAX 219CLEANING EXPENSE 27CLIENT COST EXPENSE 6REPAIRS AND MAINTENANCE 1,929RENT 2,107DONATIONS 2,400TELEPHONE 3,231 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CATEGORY BEGINNING OF YEAR END OF YEARKARENS ACCOUNTING SERVICES INC 680 680OFFICER PAYABLE CYNTHIA 6 0PAYROLL LIABILITIES 1,148 1,252PAYROLL PROTECTION PROG LOAN 2,000 2,000SBA LOAN 24,600 24,600OFFICER PAYABLE KAREN 3,343 233MISC LIABILITIES 614 0OFFICER PAYABLE JESSE 3,998 8,613 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KAREN E HAINLINE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3609124371 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-06-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WORK FOR THE FUTURE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WORK |
| ReturnHeader/Filer/EIN | 0 | 822053764 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4101 GARY ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FORT SMITH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72903 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 822053764 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Work for the Future Foundation |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4101 Gary St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Fort Smith |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 72903 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3609124371 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-06-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Karen Hainline |
| ReturnHeader/ReturnTs | 0 | 2024-06-05T10:54:05-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KAREN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | HAINLINE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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