2026-06-04T07:33:28-05:00 2025-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2025-01-01 994968226 INNOVATIVE FUTURE COLLECTIVE INNO 2025465004 100 M ST SE 330 WASHINGTON DC 20003 ASHLEY KENNEDY CO-FOUNDER 2025465004 2026-06-04 1 ELIZABETH W HELLER P00397829 3019519090 2025 2025-03-06 01:10:19Z X ASHLEY KENNEDY 100 M ST SE 330 WASHINGTON DC 20003 585000 0 X WWW.INNOVATIVEFUTURECOLLECTIVE.COM X 2024 DE SEE PART III, LINE 1 4 2 0 2 0 0 0 585000 0 0 0 0 0 0 0 585000 0 0 0 0 0 0 0 55500 73165 0 362323 0 417823 0 167177 0 156271 10906 0 -10906 156271 X THE PURPOSE OF INNOVATIVE FUTURE COLLECTIVE (IFC) IS BE A NONPARTISAN FORUM TO EDUCATE THE PUBLIC AND POLICYMAKERS ABOUT ARTIFICIAL INTELLIGENCE, ITS APPLICATIONS ACROSS INDUSTRIES, AND ITS IMPLICATIONS FOR OUR FUTURE. IFC'S MISSION IS TO PROVIDE EDUCATIONAL OPPORTUNITIES THAT ARE DYNAMIC, HANDS-ON, AND GROUNDED IN REAL-WORLD EXAMPLES. 0 0 132232 EDUCATIONAL AND PROFESSIONAL DEVELOPMENT TRAVEL WHEREBY IFC ORGANIZES TRIPS FOR AI EXPERTS, AI BUSINESSES, AND POLICY MAKERS TO SHOWCASE THE ADVANCEMENTS AND USES OF AI TECHNOLOGY ACROSS RESEARCH, BUSINESS, AND GOVERNMENT SECTORS. 67258 EDUCATIONAL AI TECHNOLOGY SHOWCASES AND COLLABORATION OPPORTUNITIES WHEREBY IFC ORGANIZES EVENTS IN WASHINGTON, DC, AND OTHER LOCATIONS AROUND THE COUNTRY, FOR AI EXPERTS AND AI BUSINESSES TO CONNECT WITH THE PUBLIC AND POLICY MAKERS. 8859 EDUCATIONAL SERIES FOR THE PUBLIC AND POLICY MAKERS WHEREBY SUBJECT MATTER EXPERTS IN DC ARE FEATURED ON A REGULAR BASIS TO EDUCATE REGARDING AI ISSUES. 208349 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X KATIE FLINT 2025465004 100 M STREET SE SUITE 330 WASHINGTON DC 20003 X ASHLEY KENNEDY FOUNDER/PRESIDENT 10.00 X X 0 0 0 TONYA FULKERSON FOUNDER/BOARD MEMBER 10.00 X 0 0 0 ELIZABETH JOHNSON BOARD MEMBER 1.00 X 0 0 0 JENNIFER POERSCH BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 FULKERSON KENNEDY & COMPANY 100 M ST SE SUITE 330 WASHINGTON DC 20003 MGT., FUNDRAISING, STAFFING SVC. 179079 1 585000 585000 585000 0 0 0 X 60000 60000 45145 45145 9418 9418 55500 55500 77791 45531 14920 17340 70 70 449 449 10500 10500 105187 104862 325 47325 47325 3795 3795 1694 1694 DUES & SUBSCRIPTIONS 818 818 OTHER 131 131 417823 208349 136309 73165 0 79020 50000 2779 28266 3794 0 24472 0 156271 10906 10906 0 X -10906 156271 -10906 156271 0 156271 167177 0 X 0 0 0 X 0 585000 585000 585000 585000 421200 163800 585000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28266 3794 24472 24472 X X X 1 FULKERSON KENNEDY & COMPANY 100 M STREET SE SUITE 330 WASHINGTON DC 20003 FUNDRAISING 0 585000 52000 533000 585000 52000 533000 DC FULKERSON KENNEDY COMPANY ENTITY OWNED 50% EACH BY ASHLEY KENNEDY AND TONYA FULKERSON 179079 PROVISION OF MANAGEMENT, STAFFING AND FUNDRAISING SERVICES TO IFC. AS PER IFC'S CONFLICT OF INTEREST POLICY, THESE INDIVIDUALS WERE EXCLUDED FROM ALL DISCUSSIONS REGARDING THE CONTRACT WHICH WAS NEGOTIATED AT ARM'S LENGTH AND FMV. 0 FORM 990, PART VI, SECTION A, LINE 2 TONYA FULKERSON, DIRECTOR, & ASHLEY KENNEDY, DIRECTOR & OFFICER HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENTERED INTO A STAFFING, MANAGEMENT, AND FUNDRAISING SERVICES AGREEMENT WITH FULKERSON KENNEDY & CO. (FK&CO). THE AGREEMENT IS STRUCTURED AS A STANDARD INDEPENDENT CONTRACTOR SERVICES CONTRACT AND PROVIDES FOR COMPENSATION THAT DOES NOT EXCEED FAIR MARKET VALUE FOR THE SERVICES RENDERED. PURSUANT TO THIS AGREEMENT, FK&CO PROVIDES KEY OPERATIONAL, ADMINISTRATIVE, AND FUNDRAISING SUPPORT SERVICES TO THE ORGANIZATION. THE COMPENSATION PAID TO FK&CO DURING THE TAX YEAR IS REPORTED ON FORM 990, PART VII, SECTION B, SCHEDULE OF COMPENSATION OF INDEPENDENT CONTRACTORS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SHARED WITH ALL BOARD MEMBERS AND THEY HAVE 48 HOURS TO PROVIDE FEEDBACK BEFORE THE FORM IS FILED. FORM 990, PART VI, SECTION B, LINE 12C INNOVATIVE FUTURE COLLECTIVE HAS A FORMAL CONFLICT OF INTEREST POLICY. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD OF DIRECTORS DELEGATED POWERS SIGNS A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY AND UNDERSTANDS THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH BOARD OF DIRECTORS DELEGATED POWERS 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/SHE LEAVES THE BOARD OF DIRECTORS OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OF DIRECTORS OR COMMITTEE MEMBERS DECIDES IF A CONFLICT OF INTEREST EXISTS. 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. FORM 990, PART IX, LINE 11G ADMINISTRATION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,000. AUDIO/VISUAL: PROGRAM SERVICE EXPENSES 2,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,500. BRAND DESIGN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,212. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,212. PROF. SERVICES: PROGRAM SERVICE EXPENSES 43,031. MANAGEMENT AND GENERAL EXPENSES 6,708. FUNDRAISING EXPENSES 17,340. TOTAL EXPENSES 67,079.