Civic Intelligence

Futures Explored Inc

EIN 94-1567161 • 501(c)3 • Concord, CA

Profile

The purpose of the organization is to provide life skills and work-related training to adults with developmental disabilities. It supports the adults with developmental disabilities to reach their optimal level of individual potential by delivering a broad range of resources and ongoing guidance.

2150 John Glenn Drive Suite 300Concord, CA 94520

www.futures-explored.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.68x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.69x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

29th percentile

-2.2%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

59th percentile

7.9%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

19th percentile

-10%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,614,201

Up $777,430 (+7.9%) from 2023

Liabilities

Up

$7,186,944

Up $1,003,478 (+16%) from 2023

Net Assets

Down

$3,427,257

Down $226,048 (-6.2%) from 2023

Revenue

Down

$10,455,209

Down $1,174,353 (-10%) from 2023

Expenses

Up

$10,685,691

Up $599,936 (+5.9%) from 2023

Net Income

Down

-$230,482

Down $1,774,289 (-115%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2011: $3,252,667Liabilities 2011: $2,114,631Net Assets 2011: $1,138,0362011Assets 2012: $3,066,902Liabilities 2012: $2,106,433Net Assets 2012: $960,4692012Assets 2013: $3,109,210Liabilities 2013: $2,100,122Net Assets 2013: $1,009,0882013Assets 2014: $3,062,543Liabilities 2014: $2,394,473Net Assets 2014: $668,0702014Assets 2015: $3,245,860Liabilities 2015: $2,665,628Net Assets 2015: $580,2322015Assets 2016: $3,825,832Liabilities 2016: $2,916,885Net Assets 2016: $908,9472016Assets 2017: $3,452,245Liabilities 2017: $2,824,363Net Assets 2017: $627,8822017Assets 2018: $3,493,162Liabilities 2018: $2,908,622Net Assets 2018: $584,5402018Assets 2019: $3,395,565Liabilities 2019: $3,877,534Net Assets 2019: -$481,9692019Assets 2020: $3,831,201Liabilities 2020: $3,898,444Net Assets 2020: -$67,2432020Assets 2021: $3,603,169Liabilities 2021: $2,895,304Net Assets 2021: $707,8652021Assets 2022: $3,447,154Liabilities 2022: $1,337,656Net Assets 2022: $2,109,4982022Assets 2023: $9,836,771Liabilities 2023: $6,183,466Net Assets 2023: $3,653,3052023Assets 2024: $10,614,201Liabilities 2024: $7,186,944Net Assets 2024: $3,427,2572024

Highlighted filing

2024

Assets$10,614,201
Liabilities$7,186,944
Net Assets$3,427,257

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $7,611,4262011Revenue 2012: $8,561,021Expenses 2012: $8,738,414Net Income 2012: -$177,3932012Revenue 2013: $9,593,545Expenses 2013: $9,545,893Net Income 2013: $47,6522013Revenue 2014: $10,070,475Expenses 2014: $10,412,302Net Income 2014: -$341,8272014Revenue 2015: $10,902,494Expenses 2015: $10,990,479Net Income 2015: -$87,9852015Revenue 2016: $11,648,867Expenses 2016: $11,320,744Net Income 2016: $328,1232016Revenue 2017: $11,181,624Expenses 2017: $11,463,230Net Income 2017: -$281,6062017Revenue 2018: $12,294,700Expenses 2018: $12,338,321Net Income 2018: -$43,6212018Revenue 2019: $11,758,501Expenses 2019: $12,825,010Net Income 2019: -$1,066,5092019Revenue 2020: $11,270,929Expenses 2020: $10,858,049Net Income 2020: $412,8802020Revenue 2021: $10,023,046Expenses 2021: $9,227,254Net Income 2021: $795,7922021Revenue 2022: $10,746,553Expenses 2022: $9,341,837Net Income 2022: $1,404,7162022Revenue 2023: $11,629,562Expenses 2023: $10,085,755Net Income 2023: $1,543,8072023Revenue 2024: $10,455,209Expenses 2024: $10,685,691Net Income 2024: -$230,4822024

Highlighted filing

2024

Revenue$10,455,209
Expenses$10,685,691
Net Income-$230,482

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.6$7.19$3.43$10.5$10.7$0.23
2023Detailed filing. Detailed filing data is available for this year.$9.84$6.18$3.65$11.6$10.1$1.54
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.45$1.34$2.11$10.7$9.34$1.40
2021Detailed filing. Detailed filing data is available for this year.$3.60$2.90$0.71$10.0$9.23$0.80
2020Detailed filing. Detailed filing data is available for this year.$3.83$3.90$0.07$11.3$10.9$0.41
2019Detailed filing. Detailed filing data is available for this year.$3.40$3.88$0.48$11.8$12.8$1.07
2018Detailed filing. Detailed filing data is available for this year.$3.49$2.91$0.58$12.3$12.3$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.45$2.82$0.63$11.2$11.5$0.28
2016Detailed filing. Detailed filing data is available for this year.$3.83$2.92$0.91$11.6$11.3$0.33
2015Detailed filing. Detailed filing data is available for this year.$3.25$2.67$0.58$10.9$11.0$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.06$2.39$0.67$10.1$10.4$0.34
2013Summary only. Only limited summary data is available for this year.$3.11$2.10$1.01$9.59$9.55$0.05
2012Summary only. Only limited summary data is available for this year.$3.07$2.11$0.96$8.56$8.74$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$2.11$1.14$7.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$10,460,135
Mission and Program Overview

Mission

The purpose of the organization is to provide life skills and work-related training to adults with developmental disabilities. It supports the adults with developmental disabilities to reach their optimal level of individual potential by delivering a broad range of resources and ongoing guidance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,521,669$2,058,778▼ $462,891
Land, Buildings, and Equipment, Net$962,401$1,080,160▲ $117,759
Accounts Receivable$1,054,576$988,305▼ $66,271
Pledges and Grants Receivable$29,386$132,217▲ $102,831
Prepaid Expenses and Deferred Charges$51,937$83,045▲ $31,108
Savings and Temporary Cash Investments-$66,411-
Investments in Publicly Traded Securities$22,887$26,044▲ $3,157
Total Assets$9,836,771$10,614,201▲ $777,430
Other Assets Total$5,193,915$6,179,241▲ $985,326
Liabilities
Other Liabilities$5,241,795$6,297,148▲ $1,055,353
Accounts Payable and Accrued Expenses$718,135$745,560▲ $27,425
Mortgage Notes Payable Secured by Investment Property$147,626$144,236▼ $3,390
Deferred Revenue$75,910$0▼ $75,910
Total Liabilities$6,183,466$7,186,944▲ $1,003,478
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,540,134$3,313,486▼ $226,648
Net Assets With Donor Restrictions$113,171$113,771▲ $600
Total Net Assets Fund Balance$3,653,305$3,427,257▼ $226,048
Total Liabilities and Net Assets / Fund Balance$9,836,771$10,614,201▲ $777,430

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$401,414$850,412$1,251,826
Leasehold Improvements$264,593$463,563$728,156
Equipment$5,641$477,032$482,673
Land$380,000-$380,000
Other Land Buildings$28,512-$28,512
Other Assets Org$169,229--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$86,400---$86,400
2022$53,091-▲ $33,309-$86,400
2021$56,174-▼ $3,083-$53,091
2020$53,401-▲ $2,834-$56,174
2019$52,369-▲ $1,032-$53,401
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen Smith - Left Feb 2024Executive DirectorFT$170,939$11,310$182,249
Angelique GoldbergSenior Program DirectorFT$111,369$12,061$123,430
Lindsey DybaChief of ProgramsFT$121,321$60$121,381
Hester WagnerSenior Program DirectorFT$102,134$9,069$111,203
Marie StapletonVice President-$3,030-$3,030
Revenue and Support

Revenue Composition

Contributions and Grants
$686,334
Program Service Revenue
$9,689,823
Investment Income
$76,764
Other Revenue
$2,288
All Other Contributions
$108,773
Change in Net Assets
$-230,482

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,455,209
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,434
Total Revenue per Audited Statements
$10,459,643
Total Revenue per Form 990
$10,455,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,918,024
Other Expenses$2,767,667
Total Fundraising Expense$33,380
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,365,827$542,675$12,206$5,920,708
Occupancy$1,160,935$78,560-$1,239,495
Other Employee Benefits$937,222$91,074$346$1,028,642
Current Officers, Directors, Trustees, and Key Employees$341,321$137,621$11,415$490,357
Payroll Taxes$419,967$49,307$1,760$471,034
Office Expenses$241,170$89,441$2,222$332,833
Travel$133,273$14,149-$147,422
Information Technology$31,955$93,166-$125,121
Insurance$160$121,808-$121,968
Depreciation Depletion$39,230$79,945-$119,175
Fees for Services Other$38,096$42,928-$81,024
Fees for Services Legal-$76,454-$76,454
Advertising$30,135$35,496-$65,631
All Other Expenses$36,050$11,655$5,431$53,136
Fees for Services Accounting-$44,165-$44,165
Other Expenses$15,819$20,101-$35,920
Comp Disqual Persons-$7,283-$7,283
Interest-$3,347-$3,347
Total Functional Expenses$9,021,491$1,630,820$33,380$10,685,691

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,685,691
Total Expenses per Audited Statements$10,685,691
Total Expenses per Form 990$10,685,691
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$7,170
Fundraising Direct Expenses$4,926
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$6,151,405
Finance Lease Liability$145,743
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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

Two board members received compensation for professional services. Marie stapleton received $5,370 in compensation related to boomerang and website setup. Additionally, david schlesinger received $1,912 in compensation for a 2024 ca youth leadership video.

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

The form 990 is reviewed by management and the audit committee.

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

Members of the organization are regularly reminded about the conflict of interest policy and are instructed to come forward if a conflict arises.

Form 990, Part VI, Section B, Line 15

Futures explored participates in and uses the non-profit management's annual salary scale research.

Form 990, Part VI, Section C, Line 18

The organization has made them available on their website.

Form 990, Part VI, Section C, Line 19

The organization has made them available on their website.

Filing and Contact Details

Filer

Filer Name
Futures Explored Inc
EIN
94-1567161
Phone
9252843240
Address
2150 JOHN GLENN DRIVE SUITE 300, CONCORD, CA 94520

Signing Officer

Name
Marie Stapleton
Title
President of Bod
Phone
9252843240
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marie Stapleton
Formed
1964
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
176
Volunteers
11

Preparer

Firm
Pisenti & Brinker Management LLC
Address
201 FIRST STREET SUITE 208, PETALUMA, CA 94952
Preparer
Alicia Cerruti
Phone
7077629900
Supplemental Narrative

Additional Explanations

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

Futures explored, inc 2150 john glenn drive, suite 300 concord, ca 94520 employer identification number: 94-1567161 for the year ending june 30, 2024 futures explored, inc is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

Form 990, Part IX, Line 24B

During the year ended june 30, 2024, the organization was the defendant in two legal matters. The organization entered into settlement agreements related to these matters and incurred legal settlement expenses in the amount of $82,250. Management does not believe there to be any additional exposure with regard to these matters.

FORM 990, PART XII, LINE 2C:

The board of directors of the organization is responsible for the oversight of the audit process including the selection of the auditor. The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit organization and is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and section 23701(d) of the california revenue and taxation code. However, the organization is subject to income taxes on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purposes for which it was granted exemption, commonly referred to as unrelated business income. No income tax provision has been recorded for the year ended june 30, 2024, as management determined that the organization had no unrelated business income. The organization is subject to accounting for uncertainty in income taxes, under asc 740, income taxes. Asc 740 requires the evaluation of tax positions taken or expected to be taken in the organization's tax returns and does not allow recognition of tax positions that do not meet a "more-likely-than-not" threshold of being sustained by the applicable tax authority. The organization does not believe it has taken any tax positions that would not meet this threshold. The organization's policy is to reflect interest and penalties related to uncertain tax positions as part of income tax expense, when and if they become applicable. The organization's federal and state income tax returns are subject to possible examination by the taxing authorities until the expiration of the related statutes of limitations on those tax returns. In general, federal income tax returns have a three-year statute of limitations, and state income tax returns have a four-year statute of limitations.

Raw XML AppendixShowing 400 of 667 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/ActivityOrMissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LIFE SKILLS AND WORK-RELATED TRAINING TO ADULTS WITH DEVELOPMENTAL DISABILITIES. IT SUPPORTS THE ADULTS WITH DEVELOPMENTAL DISABILITIES TO REACH THEIR OPTIMAL LEVEL OF INDIVIDUAL POTENTIAL BY DELIVERING A BROAD RANGE OF RESOURCES AND ONGOING GUIDANCE.
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IRS990/Form990PartVIISectionAGrp/PersonNm10NIKKI LOPEZ - JOINED FEB 2024
IRS990/Form990PartVIISectionAGrp/PersonNm11DENYSE CUTRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm12ANN DEROSE - JOINED OCT 2023
IRS990/Form990PartVIISectionAGrp/PersonNm13KAREN SMITH - LEFT FEB 2024
IRS990/Form990PartVIISectionAGrp/PersonNm14ERICA HORN APPOINTED JUNE 2024
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IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OF PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt16SENIOR PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17SENIOR PROGRAM DIRECTOR
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IRS990/MissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE LIFE SKILLS AND WORK-RELATED TRAINING TO ADULTS WITH DEVELOPMENTAL DISABILITIES. IT SUPPORTS THE ADULTS WITH DEVELOPMENTAL DISABILITIES TO REACH THEIR OPTIMAL LEVEL OF INDIVIDUAL POTENTIAL BY DELIVERING A BROAD RANGE OF RESOURCES AND ONGOING GUIDANCE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PERSONAL WELLNESS - PROGRAMS ARE DESIGNED FOR INDIVIDUALS REQUIRING PHYSICAL CARE AND SUPERVISION WHO MAY ALSO HAVE MEDICAL SUPPORT NEEDS.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04148
IRS990/ProgSrvcAccomActy3Grp/Desc0FILM AND MEDIA - VOCATIONAL PROGRAM DESIGNED TO PROVIDE WORKING KNOWLEDGE OF FILM PRODUCTION AND THEN BUILD UPON THOSE SKILLS WITH CONTINUING STUDIO PARTICIPATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02513663
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0EMPLOYMENT SUPPORT, BUSINESS ENTERPRISES AND SPECIAL PROJECTS - DESIGNED TO PROVIDE PARTICIPANTS WITH SKILLS, TOOLS, AND HANDS-ON EXPERIENCE. PARTICIPANTS RECEIVE INDIVIDUALIZED ON-THE-JOB COACHING, INCLUDING: FULL-TIME SUPPORT THROUGH THE TRAINING PROCESS THAT FADES AS THE JOB AND SKILLS NEEDED ARE LEARNED; ONGOING SUPPORTS INCLUDE ADVOCACY WITH MANAGEMENT; INTERPERSONAL SKILLS IN THE WORKPLACE; LEARNING NEW OR ADDITIONAL WORK TASKS; MANAGING STRESS.
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