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Nonprofit · EIN 59-2560862

FUTURES INC

Tax-exempt · DAYTONA BEACH, FL 32124

Financials

$1.4M$1.2M2022$1.2M$1.2M2023$1.3M$1M2024
Revenue Expenses · by fiscal year end
Financials of FUTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,306,146$1,011,889$294,257$3,099,116$22,962$3,076,154
June 30, 2024990$1,172,429$1,160,979$11,450$2,799,497$25,913$2,773,584
June 30, 2023990$1,373,116$1,186,657$186,459$2,812,850$125,867$2,686,983
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,073,316
of which government grants
$235,606
Membership dues
$87,912
Program service revenue
$0
Investment income
$139,987
Net income from fundraising events
$78,696
Other revenue
$92,843

Expenses

Grants and similar amounts paid
$525,339
Compensation of officers, directors and key employees
$82,316
Other salaries and wages
$230,511
Salaries, compensation and benefits (total)
$312,827
Professional fundraising fees
$0
Accounting fees
$23,731
Travel
$1,797
Program services (functional)
$919,563
Management and general (functional)
$92,326

Balance sheet and other

Total assets, start of year
$2,799,497
Total assets, end of year
$3,099,116
Total liabilities, end of year
$22,962
Net assets, end of year
$3,076,154
Publicly traded securities
$1,064,042
Net assets without donor restrictions
$2,011,904
Net assets with donor restrictions
$1,064,250
Gross receipts
$1,369,239
Employees
0
Volunteers
120
Year formed
1985
State of legal domicile
FL

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.

NameTitleHours / weekCompensation
SHIMENE SHEPARDEXECUTIVE DIRECTOR
Officer
45$82,831
AUSTIN QUINNSECRETARY
Trustee or director, Officer
1$0
DEBBIE TAPPINPRESIDENT-ELECT
Trustee or director, Officer
1$0
DR BRANDON YOUNGPRESIDENT
Trustee or director, Officer
1$0
ERIC FRAINEPAST PRESIDENT
Trustee or director, Officer
1$0
MATTHEW GILLIKINVICE PRESIDENT
Trustee or director, Officer
1$0
ANDREW LEECHTREASURER
Trustee or director
1$0
BARBARA REIDDIRECTOR
Trustee or director
1$0
BOBBY THIGPENDIRECTOR
Trustee or director
1$0
CHRISTOPHER REEVESDIRECTOR
Trustee or director
1$0
CLIFF BERNERDIRECTOR
Trustee or director
1$0
CORY DOMAYERDIRECTOR
Trustee or director
1$0
DENISE BAUTISTADIRECTOR
Trustee or director
1$0
DOUG COLLINSDIRECTOR
Trustee or director
1$0
DOUG REECEDIRECTOR
Trustee or director
1$0
20 more people on this return
NameTitleHours / weekCompensation
DR CARMEN BALGOBINEX-OFFICIO M
Trustee or director
1$0
DR DONALD MAYDIRECTOR
Trustee or director
1$0
DR ELIZABETH BETTE HEINSDIRECTOR
Trustee or director
1$0
DR LINDA BRADLEYDIRECTOR
Trustee or director
1$0
JUSTINE FLOREZDIRECTOR
Trustee or director
1$0
KAREN EASTMANDIRECTOR
Trustee or director
1$0
KEITH SOFIAKDIRECTOR
Trustee or director
1$0
LAUREN BURKHALTER CDFADIRECTOR
Trustee or director
1$0
LINDA WEBSTERDIRECTOR
Trustee or director
1$0
LUIS GRACIADIRECTOR
Trustee or director
1$0
MELINDA DAWSONDIRECTOR
Trustee or director
1$0
MICHELLE LEEDIRECTOR
Trustee or director
1$0
PETER BEGALLIADIRECTOR
Trustee or director
1$0
ROBERT BALLDIRECTOR
Trustee or director
1$0
ROBERT LUDLOW JRDIRECTOR
Trustee or director
1$0
RUBEN COLONEX-OFFICIO M
Trustee or director
1$0
STEVE FARMERDIRECTOR
Trustee or director
1$0
TOM POKORNYDIRECTOR
Trustee or director
1$0
VALENCIA GALLON STUBBSDIRECTOR
Trustee or director
1$0
VICTOR RAYMOSDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 32 people
NameTitleHours / weekCompensation
DR CARMEN BALGOBINEX-OFFICIO M
Trustee or director
–$0
PETER BEGALLADIRECTOR
Trustee or director
–$0
DR LINDA BRADLEYDIRECTOR
Trustee or director
–$0
LAUREN BURKHALTER CDFADIRECTOR
Trustee or director
–$0
GWEN CHECHODIRECTOR
Trustee or director
–$0
MELINDA DAWSONOFFICER
Trustee or director, Officer
–$0
KAREN EASTMANDIRECTOR
Trustee or director
–$0
JESSICA ECKELBARGERDIRECTOR
Trustee or director
–$0
AMY ENGELVICE PRESIDE
Trustee or director, Officer
–$0
STEVE FARMERDIRECTOR
Trustee or director
–$0
JUSTINE FLOREZDIRECTOR
Trustee or director
–$0
ERIC FRAINEPRESIDENT
Trustee or director, Officer
–$0
MATTHEW GILLIKINDIRECTOR
Trustee or director
–$0
LUIS GRACIADIRECTOR
Trustee or director
–$0
JOHN GUTHRIEDIRECTOR
Trustee or director
–$0
JAMIE HAYNESEX-OFFICIO M
Trustee or director
–$0
DR ELIZABETH BETTE HEINSDIRECTOR
Trustee or director
–$0
LEN MARINACCIO IIIDIRECTOR
Trustee or director
–$0
ROBERT LUDLOW JRDIRECTOR
Trustee or director
–$0
SUSIE LEFILSDIRECTOR
Trustee or director
–$0
MICHELLE LEEDIRECTOR
Trustee or director
–$0
DR DONALD MAYDIRECTOR
Trustee or director
–$0
TOM POKORNYDIRECTOR
Trustee or director
–$0
AUSTIN QUINNDIRECTOR
Trustee or director
–$0
DOUG REECESECRETARY
Trustee or director
–$0
SHIMENE SHEPARDEXECUTIVE DI
Trustee or director
–$0
VALENCIA GALLON STUBBSDIRECTOR
Trustee or director
–$0
DEBBIE TAPPINVICE PRESIDE
Trustee or director, Officer
–$0
BOBBY THIGPENDIRECTOR
Trustee or director
–$0
HEATHER BOND VARGASPAST PRESIDE
Trustee or director, Officer
–$0
LINDA WEBSTERDIRECTOR
Trustee or director
–$0
BRANDON YOUNGPRESIDENT-EL
Trustee or director, Officer
–$0
990 for the year ended June 30, 2023: 33 people
NameTitleHours / weekCompensation
DR CARMEN BALGOBINEX-OFFICIO M
Trustee or director
–$0
PETER BEGALLADIRECTOR
Trustee or director
–$0
DR LINDA BRADLEYDIRECTOR
Trustee or director
–$0
LAUREN BURKHALTER CDFADIRECTOR
Trustee or director
–$0
GWEN CHECHODIRECTOR
Trustee or director
–$0
MELINDA DAWSONDIRECTOR
Trustee or director
–$0
CORY DOMAYERPRESIDENT
Trustee or director, Officer
–$0
KAREN EASTMANDIRECTOR
Trustee or director
–$0
JESSICA ECKELBARGERDIRECTOR
Trustee or director
–$0
AMY ENGELVICE PRESIDE
Trustee or director, Officer
–$0
STEVE FARMERDIRECTOR
Trustee or director
–$0
JUSTINE FLOREZDIRECTOR
Trustee or director
–$0
ERIC FRAINEDIRECTOR
Trustee or director
–$0
MATTHEW GILLIKINDIRECTOR
Trustee or director
–$0
LUIS GRACIADIRECTOR
Trustee or director
–$0
JOHN GUTHRIEDIRECTOR
Trustee or director
–$0
JAMIE HAYNESEX-OFFICIO M
Trustee or director
–$0
DR ELIZABETH BETTE HEINSDIRECTOR
Trustee or director
–$0
LEN MARINACCIO IIIDIRECTOR
Trustee or director
–$0
ROBERT LUDLOW JRDIRECTOR
Trustee or director
–$0
SUSIE LEFILSDIRECTOR
Trustee or director
–$0
MICHELLE LEEDIRECTOR
Trustee or director
–$0
DR DONALD MAYDIRECTOR
Trustee or director
–$0
TOM POKORNYDIRECTOR
Trustee or director
–$0
AUSTIN QUINNDIRECTOR
Trustee or director
–$0
DOUG REECESECRETARY
Trustee or director
–$0
SHIMENE SHEPARDEXECUTIVE DI
Trustee or director
–$0
VALENCIA GALLON STUBBSDIRECTOR
Trustee or director
–$0
DEBBIE TAPPINDIRECTOR
Trustee or director
–$0
BOBBY THIGPENDIRECTOR
Trustee or director
–$0
HEATHER BOND VARGASPAST PRESIDE
Trustee or director, Officer
–$0
LINDA WEBSTERDIRECTOR
Trustee or director
–$0
BRANDON YOUNGDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
3750 OLSON DR, DAYTONA BEACH, FL 32124-2002
Principal officer (990 for 2024)
SHIMENE SHEPARD, 3750 OLSON DRIVE, DAYTONA BEACH, FL 32124
Signed the 990
SHIMENE SHEPARD, EXECUTIVE DIRECTOR
Phone
(386) 255-6475
Return prepared by
Forvis Mazars LLP

Mission

Mission: "To engage business, civic, and district leaders to promote and achieve educational excellence for Volusia County Public Schools."

990 for the year ended June 30, 2025

Program accomplishments

  • AT VARIOUS RECOGNITION EVENTS, FUTURES, INC. HONORS AND RECOGNIZES THE OUTSTANDING ACCOMPLISHMENTS OF DISTRICT STUDENTS AND TEACHERS. STUDENT PROGRAMS INCLUDE TOMORROW'S LEADERS FOR HIGH SCHOOL JUNIORS AND THE TURN AROUND PROGRAM FOR MIDDLE AND HIGH SCHOOL STUDENTS. IN ADDITION, MANY STAFF RECOGNITION PROGRAMS ARE IN PLACE, INCLUDING NEW TEACHER PRE-SERVICE EVENTS; PRINCIPAL OF THE YEAR AWARDS; SUPERINTENDENTS'S OUTSTANDING ACHIEVEMENT AWARDS; TEACHER OF THE YEAR AWARDS; AND FIRST YEAR TEACHER AWARDS.
    Expenses $465,651 · grants $71,427 · revenue $14,147
  • FUTURES,INC. IS COMMITTED TO DEVELOPING PROGRAMS THAT GENERATE COMMUNITY SUPPORT FOR THE FUNDING OF SCHOLARSHIPS FOR VOLUSIA COUNTY PUBLIC SCHOOL STUDENTS IN AN EFFORT TO REDIRECT THEIR LIVES AND ENHANCE THEIR CAREER GOALS. IT ALSO IS COMMITTED TO THE FUNDING OF SCHOOL GRANTS FOR PROJECTS RELATING TO LOW PERFORMING STUDENTS AND IMPROVING LITERACY AS WELL AS TEACHER CLASSROOM GRANTS FOR CLASSROOM/SCHOOL PROJECTS. SCHOOL DISTRICT EDUCATION FOUNDATION MATCHING GRANT FUNDING AS WELL AS COMMUNITY AND CORPORATE SUPPORT ARE USED TO FUND THESE PROGRAMS. THE STUDENT PREPAID SCHOLARSHIPS FOR TAKE STOCK IN CHILDREN ARE PURCHASED BY THE ORGANIZATION FROM THE FLORIDA PREPAID COLLEGE FOUNDATION THROUGH A COMBINATION OF DIRECT MEMBER, LOCAL BUSINESS AND COMMUNITY ORGANIZATION SOURCES.
    Expenses $357,952 · grants $357,952
  • FUTURES,INC. IS COMMITTED TO PROVIDING CONTINUED FINANCIAL SUPPORT TO QUALIFYING AND INDIVIDUAL VOLUSIA SCHOOL DISTRICT EMPLOYED TEACHERS THROUGH THE AWARDING OF CLASSROOM GRANTS TO THEIR SCHOOLS WHICH ARE TO BE USED FOR VARIOUS CLASSROOM PROJECTS.
    Expenses $95,960 · grants $95,960

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-2560862
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$3,099,116
Income (IRS master file)
$1,369,239

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,306,146$1,011,889$3,099,116IRS
990June 2024$1,172,429$1,160,979$2,799,497XML
990June 2023$1,373,116$1,186,657$2,812,850XML
990June 2022$883,163$858,219$2,752,805IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 59-2560862).

Questions about FUTURES INC

What is the EIN of FUTURES INC?
The employer identification number (EIN) of FUTURES INC is 59-2560862.
Is FUTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to FUTURES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUTURES INC 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 FUTURES INC 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 FUTURES INC 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 FUTURES INC?
The 990 for the year ended June 30, 2025 names SHIMENE SHEPARD.
Who are the officers and directors of FUTURES INC?
The 990 for the year ended June 30, 2025 lists 35 people; 1 received compensation from the organization, the highest $82,831 (SHIMENE SHEPARD, EXECUTIVE DIRECTOR).
How much revenue does FUTURES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,306,146, expenses of $1,011,889 and total assets of $3,099,116 at year end.

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