Nonprofit · EIN 45-2208063
FUTURE GENERATIONS UNIVERSITY CORPORATION
Tax-exempt (reinstated) · FRANKLIN, WV 26807
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,870,988 | $2,888,081 | -$17,093 | $14,231,133 | $525,602 | $13,705,531 |
| June 30, 2024 | 990 | $3,887,636 | $3,203,754 | $683,882 | $13,483,277 | $508,848 | $12,974,429 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,509,320
- of which government grants
- $610,727
- Program service revenue
- $126,375
- Investment income
- $265,589
- Net rental income
- -$34,890
- Net gain from sales of assets
- -$151,288
- Other revenue
- -$30,296
Expenses
- Grants and similar amounts paid
- $10,600
- Other salaries and wages
- $1,200,219
- Salaries, compensation and benefits (total)
- $1,496,896
- Professional fundraising fees
- $0
- Accounting fees
- $31,634
- Occupancy
- $21,606
- Travel
- $159,738
- Depreciation
- $84,434
- Program services (functional)
- $1,871,819
- Management and general (functional)
- $545,920
- Fundraising (functional)
- $470,342
Balance sheet and other
- Total assets, start of year
- $13,483,277
- Total assets, end of year
- $14,231,133
- Total liabilities, end of year
- $525,602
- Net assets, end of year
- $13,705,531
- Land, buildings and equipment
- $1,201,629
- Publicly traded securities
- $11,357,266
- Net assets without donor restrictions
- $1,541,153
- Net assets with donor restrictions
- $12,164,378
- Gross receipts
- $16,126,324
- Employees
- 25
- Year formed
- 2014
- State of legal domicile
- WV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUKE TAYLOR-IDE | CEO Officer | 40 | $82,285 |
| DANIEL TAYLOR | CHAIR Trustee or director, Officer | 10 | $75,000 |
| NACHIKETA BHATT | BOARD MEMBER Trustee or director | 1 | $0 |
| RUPIN DANG | BOARD MEMBER Trustee or director | 1 | $0 |
| CHIDO MADIWA | VICE CHAIR Trustee or director | 1 | $0 |
| JAMES PATTERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| KIMBERLY PETTIGREW | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL C TAYLOR | INTERIM CHAI Highest-paid employee | 2 | $133,000 |
| FRANCIS DAY | PRESIDENT Officer | 40 | $74,980 |
| NACHIKETA BHATT | BOARD MEMBER Trustee or director | 2 | $0 |
| RUPIN DANG | BOARD MEMBER Trustee or director | 2 | $0 |
| CHIDO MADIWA | BOARD MEMBER Trustee or director | 2 | $0 |
| JAMES PATTERSON | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 390 ROAD LESS TRAVELED RD, FRANKLIN, WV 26807-8055
- Principal officer (990 for 2024)
- LUKE TAYLOR-IDE
- Signed the 990
- LUKE TAYLOR-IDE, CEO
- Phone
- (304) 358-2000
- Website
- WWW.FUTURE.EDU
- Return prepared by
- BEACHY AREHART PLLC
Mission
FUTURE GENERATIONS UNIVERSITY PROMOTES RESEARCH, LEARNING AND ACTION TO ACHIEVE INCLUSIVE AND SUSTAINABLE CHANGE WORLDWIDE.
Program accomplishments
- TO ENGAGE IN RESEARCH & APPLIED COMMUNITY DEVELOPMENT AND TO OFFER ACADEMIC TRAININGS SUCH AS A MASTER'S DEGREE & CERTIFICATES IN APPLIED COMMUNITY DEVELOP & APPLIED PROFESSIONAL CERTIFICATIONS.Expenses $1,374,937 · grants $10,600 · revenue $126,375
- GOVERNMENT GRANT PROGRAMS.Expenses $496,882
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2208063
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43)
- Assets (IRS master file)
- $14,231,133
- Income (IRS master file)
- $16,126,324
Revocation and reinstatement
- Exemption revoked
- November 15, 2013
- Posted by the IRS
- March 10, 2014
- Reinstated
- Effective November 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,870,988 | $2,888,081 | $14,231,133 | XML |
| 990 | June 2024 | $3,887,636 | $3,203,754 | $13,483,277 | XML |
| 990 | June 2023 | $3,762,421 | $2,677,522 | $12,487,070 | IRS |
| 990 | June 2022 | $4,103,042 | $2,406,343 | $11,840,574 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2208063).
Questions about FUTURE GENERATIONS UNIVERSITY CORPORATION
- What is the EIN of FUTURE GENERATIONS UNIVERSITY CORPORATION?
- The employer identification number (EIN) of FUTURE GENERATIONS UNIVERSITY CORPORATION is 45-2208063.
- Is FUTURE GENERATIONS UNIVERSITY CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2013 and reinstated it effective November 15, 2013.
- Are donations to FUTURE GENERATIONS UNIVERSITY CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURE GENERATIONS UNIVERSITY CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FUTURE GENERATIONS UNIVERSITY CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUTURE GENERATIONS UNIVERSITY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FUTURE GENERATIONS UNIVERSITY CORPORATION?
- The 990 for the year ended June 30, 2025 names LUKE TAYLOR-IDE.
- Who are the officers and directors of FUTURE GENERATIONS UNIVERSITY CORPORATION?
- The 990 for the year ended June 30, 2025 lists 7 people; 2 received compensation from the organization, the highest $82,285 (LUKE TAYLOR-IDE, CEO).
- How much revenue does FUTURE GENERATIONS UNIVERSITY CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,870,988, expenses of $2,888,081 and total assets of $14,231,133 at year end.
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