Nonprofit · EIN 88-4342103
FUTURE NOW INSTITUTE
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $15,296,894 | $7,355,421 | $7,941,473 | $19,725,705 | $852,847 | $18,872,858 |
| September 30, 2024 | 990 | $11,045,264 | $5,951,657 | $5,093,607 | $10,581,467 | $25,082 | $10,556,385 |
| September 30, 2023 | 990 | $6,530,600 | $1,067,822 | $5,462,778 | $5,462,778 | $0 | $5,462,778 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $14,696,450
- Program service revenue
- $0
- Investment income
- $600,444
- Net gain from sales of assets
- -$8,071
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,100,500
- Compensation of officers, directors and key employees
- $278,645
- Other salaries and wages
- $565,288
- Salaries, compensation and benefits (total)
- $962,743
- Professional fundraising fees
- $215,751
- Legal fees
- $70,377
- Accounting fees
- $52,282
- Occupancy
- $4,253
- Travel
- $69,019
- Program services (functional)
- $6,792,595
- Management and general (functional)
- $200,656
- Fundraising (functional)
- $362,170
Balance sheet and other
- Total assets, start of year
- $10,581,467
- Total assets, end of year
- $19,725,705
- Total liabilities, end of year
- $852,847
- Net assets, end of year
- $18,872,858
- Net assets without donor restrictions
- $18,647,679
- Net assets with donor restrictions
- $225,179
- Gross receipts
- $17,314,945
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- DC
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARGUERITE JIMENEZ | VICE PRESIDENT Highest-paid employee | 40 | $205,151 | $23,345 |
| DANIEL SQUADRON | PRESIDENT Trustee or director, Officer | 10 | $120,000 | $0 |
| LAUREN ELLIS | SECRETARY AND TREASURER Officer | 10 | $50,000 | $0 |
| ADAM PRITZKER | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MIMI O CHUN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DANIELLE ALLEN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NICOLE BUTLER | DIRECTOR UNTIL 3/9/2026 Trustee or director | 2 | $0 | $0 |
| ROGER GREENE | DIRECTOR AS OF 3/9/2026 Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DANIEL SQUADRON | EXECUTIVE DIRECTOR Trustee or director, Officer | 10 | $120,000 |
| LAUREN ELLIS | SECRETARY AND TREASURER Officer | 10 | $60,000 |
| ADAM PRITZKER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| MIMI O CHUN | DIRECTOR Trustee or director | 2 | $0 |
| DANIELLE ALLEN | DIRECTOR Trustee or director | 2 | $0 |
| NICOLE BUTLER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Daniel Squadron | Executive Dir. Trustee or director, Officer | 10 | $0 | $457,250 | $41,078 |
| Lauren Ellis | Treasurer Trustee or director, Officer | 10 | $0 | $223,000 | $8,320 |
| Adam Pritzker | President Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Mimi O Chun | Director Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15845, WASHINGTON, DC 20003-0845
- Principal officer (990 for 2024)
- LAUREN ELLIS, PO BOX 15845, WASHINGTON, DC 20003
- Signed the 990
- LAUREN ELLIS, TREASURER
- Phone
- (202) 552-0221
- Return prepared by
- MBA CONSULTING GROUP
Mission
PROVIDING NONPARTISAN EDUCATION TO VOTERS AND LEGISLATORS ABOUT THE IMPORTANCE OF DEMOCRATIC PRINCIPLES
Program accomplishments
- PROVIDED NONPARTISAN EDUCATION TO VOTERS AND LEGISLATORS ABOUT THE IMPORTANCE OF DEMOCRACTIC PRINCIPLESExpenses $6,792,595 · grants $4,100,500
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 88-4342103
- 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
- 2022
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $19,725,705
- Income (IRS master file)
- $17,314,945
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $15,296,894 | $7,355,421 | $19,725,705 | XML |
| 990 | September 2024 | $11,045,264 | $5,951,657 | $10,581,467 | XML |
| 990 | September 2023 | $6,530,600 | $1,067,822 | $5,462,778 | XML |
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 88-4342103).
Questions about FUTURE NOW INSTITUTE
- What is the EIN of FUTURE NOW INSTITUTE?
- The employer identification number (EIN) of FUTURE NOW INSTITUTE is 88-4342103.
- Is FUTURE NOW INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FUTURE NOW INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURE NOW INSTITUTE 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 NOW INSTITUTE due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUTURE NOW INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of FUTURE NOW INSTITUTE?
- The 990 for the year ended September 30, 2025 names LAUREN ELLIS.
- Who are the officers and directors of FUTURE NOW INSTITUTE?
- The 990 for the year ended September 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $205,151 (MARGUERITE JIMENEZ, VICE PRESIDENT).
- How much revenue does FUTURE NOW INSTITUTE have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $15,296,894, expenses of $7,355,421 and total assets of $19,725,705 at year end.
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All nonprofits in WASHINGTON · District of Columbia · Philanthropy, voluntarism and grantmaking foundations