New Futures Inc in Huntsville, Alabama (AL)

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New Futures Inc
Employer Identification Number (EIN)631177793
Name of OrganizationNew Futures Inc
In Care of NameJERILYN JOHNSON
AddressPO BOX 11122, Huntsville, AL 35814
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code, Other housing activities
SubsectionCharitable Organization
Ruling Date10/1996
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$13,034
Amount of Income$70,590
Form 990 Revenue Amount$70,590
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Homeless Persons Centers, Services


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Amount of income in 2014: $70,590
This organization: 

 $70,590
Other organizations performing similar types of work: 

 $1,423,048

Assets in 2014: $13,034
This organization: 

 $13,034
Other organizations performing similar types of work: 

 $1,634,000

Expenses in 2004: $120,844
New Futures Inc: 

 $120,844
Other organizations performing similar types of work: 

 $1,598,527

Income to expenses ratio in 2004: 0.6
New Futures Inc: 

 0.6
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2004: 96.1%
This organization: 

 96.1%
Other organizations performing similar types of work: 

 81.6%

Number of employees in 2004: 4
This organization: 

 4
Other organizations performing similar types of work: 

 21

Employees paid over $50,000 in 2004: 0.0%
New Futures Inc: 

 0.0%
Other organizations performing similar types of work: 

 4.2%

Grants share in income in 2004: 87.5%
This organization: 

 87.5%
Other organizations performing similar types of work: 

 89.1%

Financial snapshot ($)

Revenue for 2004

Assets at end of 2004

Expenses for 2004

Functional Expenses for 2004 ($)

Income-Producing Activities for 2004

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004
Total revenue$324,278$347,633$321,452$293,846$70,590
Contributions, gifts, grants, and similar amounts received$324,069$347,580$318,265$275,825$61,785
Contributions to donor advised funds
Direct public support$30,240$28,465$36,880$36,473$23,035
Indirect public support$0$0$0$1,544$0
Government contributions (grants)$293,829$319,115$281,385$237,808$38,750
Program service revenue including government fees and contracts$0$0$1,801$10,922$4,605
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$209$203$20$1$0
Dividends and interest from securities$0$0$0$0$0
Net rental income or (loss)$0$0$0$2,080$1,950
Gross rents$0$0$0$2,080$1,950
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$-170$0$0$0
Gross amount from sales of assets other than inventory$0$1,000$0$0$0
Less: cost or other basis and sales expenses$0$1,170$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$0$20$1,366$5,018$2,250
Total expenses$367,263$376,033$329,272$351,463$120,844
Program services$309,319$332,072$280,025$306,975$116,082
Management and general$57,944$43,961$49,247$44,488$4,762
Fundraising$0$0$0$0$0
Payments to affiliates$0$0$0$0$0
Net assets or fund balances at end of year$-12,398$-27,780$61,572$3,955$13,034
Excess or (deficit) for the year$-42,985$-28,400$-7,820$-57,617$-50,254
Net assets or fund balances at beginning of year$30,585$-12,398$-27,780$61,572$63,288
Other changes in net assets or fund balances$2$13,018$97,172$0$0
Statement of Functional Expenses (for 2004)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$120,844$116,082$4,762$0
Grants paid from donor advised funds
Other grants and allocations$70,443
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$5,250$5,250$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$15,199$15,199$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$408$408$0$0
Payroll taxes$2,311$2,311$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$4,578$0$4,578$0
Legal fees$0$0$0$0
Supplies$111$0$111$0
Telephone$1,038$1,038$0$0
Postage and shipping$0$0$0$0
Occupancy$978$978$0$0
Equipment rental and maintenance$1,279$1,279$0$0
Printing and publications$0$0$0$0
Travel$798$798$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$7,239$7,239$0$0
Other expenses not covered above$11,212$11,139$73$0
Balance Sheets
20002001200220032004
Total assets$75,241$51,708$72,865$19,841$13,034
Cash - non-interest-bearing$49,626$18,674$1,299$3,170$2,603
Savings and temporary cash investments$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$5,815$8,198$66$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0
Grants receivable$0$0$48,258$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0
Inventories for sale or use$0$52$0$0$0
Prepaid expenses and deferred charges$0$260$0$0$0
Investments - publicly-traded securities
Investments - other securities$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$24,524$0$0$0
Investments - other$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$19,800$0$22,738$16,671$10,431
Other assets, including program-related investments$0$0$504$0$0
Total liabilities$87,639$79,488$11,293$15,886$0
Accounts payable and accrued expenses$607$10,139$10,593$12,511$0
Grants payable$0$0$0$0$0
Deferred revenue$82,001$69,349$0$230$0
Loans from officers, directors, trustees, and key employees$0$0$700$700$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$0$0$0$2,000$0
Other liabilities$5,031$0$0$445$0
Total liabilities and net assets/fund balances$75,241$51,708$72,865$19,841$13,034
Total net assets or fund balances$-12,398$-27,780$61,572$3,955$13,034
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004
Total revenue$324,278$347,633$321,452$293,846$0
Total revenue, gains, and other support per audited financial statements$324,278$365,683$339,332$311,726$0
Other expenses$0$17,880$17,880$17,880$0
Net unrealized gains on investments$0$0$0$0$0
Donated services and use of facilities$0$17,880$17,880$17,880$0
Recoveries of prior year grants$0$0$0$0$0
Other$0$0$0$0$0
Other revenue$0$-170$0$0$0
Investment expenses$0$0$0$0$0
Other$0$-170$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004
Total expenses$367,263$376,033$329,272$351,463$0
Total expenses and losses per audited financial statements$367,263$393,913$347,152$369,343$0
Other revenue$0$17,880$17,880$17,880$0
Donated services and use of facilities$0$17,880$17,880$17,880$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$0$0$0$0
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20064
Analysis of Income-Producing Activities (for 2004)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$6,855
Program service revenue
Program service revenue 1000000$000$0$4,605
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$2,250
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2004)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2004)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2004)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003
Total$268,127$324,278$347,633$321,452$293,846
Gifts, grants, and contributions received$267,529$324,069$347,580$318,265$286,747
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$-170$1,801$2,080
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$89$209$203$20$1
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$509$0$20$1,366$5,018
Lobbying Expenditures by Electing Public Charities (for 2004)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Breaking Free Rescue Mission Inc, Bill Howell - Pres4005 Triana Blvd Sw, Huntsville, AL 35805-5405AL1990-07$458,529
2New Futures IncPO BOX 11122, Huntsville, AL 35814AL1996-10$70,590
3Vogel Alcove7557 Rambler Rd Ste 262, Dallas, TX 75231-2318TX1987-02$8,232,276
4Sacramento Loaves And Fishes1321 North C Street, Sacramento, CA 95811-0607CA1989-08$5,518,087
5Somerville Homeless Coalition Incorporated1 Davis Sq, Somerville, MA 02144-2904MA1987-10$3,144,026
6Youth On Their Own1660 N Alvernon Way, Tucson, AZ 85712-3321AZ1990-08$2,236,097
7The Homeless Families Foundation651 W Broad St, Columbus, OH 43215-2749OH1986-11$2,115,296
8Faith Rescue Mission IncPO BOX 230370, Montgomery, AL 36123-0370AL1968-02$2,008,648
9Streetwise4554 N Broadway St Ste 350, Chicago, IL 60640-7962IL1993-11$934,631
10The Open Door Community Presbyterian Church Us Inc910 Ponce De Leon Ave Ne, Atlanta, GA 30306-4212GA1982-01$731,309
11Solutions At Work Inc391 Evereteze Way, Cambridge, MA 02141-1603MA1997-01$476,173
12Winters Haven Inc810 Monongahela Ave, Glassport, PA 15045-1627PA1978-04$441,910
13Trinitys Services And Food For The Homeless Inc602 E 9th St, New York, NY 10009-5239NY1991-04$420,454
14Shenandoah Alliance For ShelterPO BOX 241, Maurertown, VA 22644-0241VA1990-04$294,415
15Samaritan House Of Atlanta IncPO BOX 89125, Atlanta, GA 30312-0125GA1987-06$268,334
16Sophia Project210 Prospect Dr, San Rafael, CA 94901-1223CA2000-02$127,012
17Uplift Organization IncPO BOX 270175, Kansas City, MO 64127-0175MO1992-03$110,510
18Spare Ministries1240 N Van Buren St, Anaheim, CA 92807-1602CA2007-08$108,890
19South Central Ohio Homeless Veterans Program263 Rozelle Creek Road, Chillicothe, OH 45601OH1996-05$89,551
20We Can26 Court St, Brooklyn, NY 11242-0103NY1987-07$357
Number of organizations performing similar types of work
Alabama3
Arkansas1
Arizona1
California24
Colorado3
District of Columbia2
Florida3
Georgia4
Illinois8
Indiana1
Kentucky1
Louisiana1
Massachusetts7
Maryland5
Michigan1
Missouri1
Mississippi1
North Carolina1
New Jersey2
New York11
Ohio6
Oklahoma1
Pennsylvania5
Texas5
Utah1
Virginia2
Washington3
Wisconsin1
West Virginia1
Total106

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