Nonprofit · EIN 63-1177793
NEW FUTURES INC
Tax-exempt · HUNTSVILLE, AL 35814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $441,838 | $371,400 | $70,438 | $513,651 | $261,726 | $251,925 |
| December 31, 2024 | 990 | $237,789 | $293,865 | -$56,076 | $502,220 | $320,733 | $181,487 |
| December 31, 2023 | 990 (amended) | $302,619 | $256,979 | $45,640 | $571,086 | $333,523 | $237,563 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $350,437
- of which government grants
- $60,000
- Program service revenue
- $88,750
- Investment income
- $2,651
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $60,504
- Other salaries and wages
- $103,486
- Salaries, compensation and benefits (total)
- $176,717
- Professional fundraising fees
- $0
- Depreciation
- $20,633
- Program services (functional)
- $361,098
- Management and general (functional)
- $7,407
- Fundraising (functional)
- $2,895
Balance sheet and other
- Total assets, start of year
- $502,220
- Total assets, end of year
- $513,651
- Total liabilities, end of year
- $261,726
- Net assets, end of year
- $251,925
- Land, buildings and equipment
- $303,343
- Net assets without donor restrictions
- $197,080
- Net assets with donor restrictions
- $54,845
- Gross receipts
- $441,838
- Employees
- 6
- Volunteers
- 550
- Year formed
- 1996
- State of legal domicile
- AL
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tayna Rains | Executive Director Key employee | 40 | $60,504 |
| James Dwyer | President Trustee or director, Officer | 3 | $0 |
| Lou Justice | Treasurer Trustee or director, Officer | 12 | $0 |
| Cindy Davis | Secretary Trustee or director, Officer | 2 | $0 |
| Patty Matice | Member Trustee or director | 2 | $0 |
| Matt Bender | Member Trustee or director | 2 | $0 |
| Barrion Palmer | Member Trustee or director | 2 | $0 |
| Lynelle Moore | Member Trustee or director | 2 | $0 |
| Cathy Reisenwitz | Member Trustee or director | 2 | $0 |
| Gwyne Taylor | Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tanya Rains | Executive Director Key employee | 40 | $53,700 |
| James Dwyer | President Trustee or director, Officer | 3 | $0 |
| Lou Justice | Treasurer Trustee or director, Officer | 12 | $0 |
| Cindy Davis | Secretary Trustee or director, Officer | 2 | $0 |
| Lynel Moore | Member Trustee or director | 2 | $0 |
| Matt Bender | Member Trustee or director | 2 | $0 |
| Nancy Parsons | Member Trustee or director | 2 | $0 |
| Patty Matice | Member Trustee or director | 2 | $0 |
| Barion Palmer | Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TANYA RAINS | EXECUTIVE DI Trustee or director | 40 | $53,700 |
| LOU JUSTICE | TREASURER Officer | 12 | $0 |
| JAMES DWYER | PRESIDENT Officer | 3 | $0 |
| CINDY DAVIS | SECRETARY Officer | 1 | $0 |
| LYNELL MOORE | MEMBER Trustee or director | 1 | $0 |
| MATT BENDER | MEMBER Trustee or director | 1 | $0 |
| NANCY PARSONS | MEMBER Trustee or director | 1 | $0 |
| PATTY MATICE | MEMBER Trustee or director | 1 | $0 |
| BARRION PALMER | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 11907, HUNTSVILLE, AL 35814-1907
- Mailing address (990-N for 2016)
- PO BOX 11907, HUNTSVILLE AL 35814
- Principal officer (990 for 2025)
- Lou Justice, 2419 Venona, Huntsville, AL 35814
- Principal officer (990-N for 2016)
- JERILYN JOHNSON, 3419 VENONA AVE NW, HUNTSVILLE AL 35810
- Signed the 990
- Lou Justice, Treasurer
- Phone
- (256) 929-3215
- Website
- newfuturesinc.com
- Return prepared by
- DYER & SMITH LLC
Mission
To support long-term transitional housing trhat will encourage clients to become independent self reliant, and have a positive perspective regarding their future
Program accomplishments
- Operate a shelter program that provides transitional housing to keep families togetherExpenses $361,098 · revenue $441,838
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-1177793
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P850)
- Assets (IRS master file)
- $513,651
- Income (IRS master file)
- $441,838
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $441,838 | $371,400 | $513,651 | XML |
| 990 | December 2024 | $237,789 | $293,865 | $502,220 | XML |
| 990 | December 2023 | $302,619 | $256,979 | $571,086 | XML |
| 990 | December 2022 | $397,949 | $328,760 | $543,517 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: JERILYN JOHNSON | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 63-1177793).
Questions about NEW FUTURES INC
- What is the EIN of NEW FUTURES INC?
- The employer identification number (EIN) of NEW FUTURES INC is 63-1177793.
- Is NEW FUTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to NEW FUTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW 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 NEW FUTURES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW FUTURES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW FUTURES INC?
- The 990 for the year ended December 31, 2025 names Lou Justice.
- Who are the officers and directors of NEW FUTURES INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $60,504 (Tayna Rains, Executive Director).
- How much revenue does NEW FUTURES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $441,838, expenses of $371,400 and total assets of $513,651 at year end.
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