Futuro Health
Futuro Health reported $32.5 million in revenue and $24.6 million in expenses for calendar year 2024. Of every $100 it spent, $86.81 went to program services, $13.19 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 72.6% of the total. Government grants made up 8.7%. The highest compensation it reported for one person was $341,625 (CHIEF EXECUTIVE OFFICER). 14 people received more than $100,000 in reportable compensation. Revenue fell 74% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $25MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $33MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.8% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.2% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 72.6% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 8.7% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 12.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $341,625 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.39% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 14 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 55.6 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseFuturo Health addresses the critical shortage in healthcare workers through its national nonprofit mission to improve the health and well-being of communities by growing the largest network of allied health workers in the nation. We empower individuals by providing them with the credentials and qualifications for their first or next healthcare career, making education journeys into allied health careers possible. By building the talent that employers need and creating a path to opportunity that workers want, we are transforming lives and communities. Visit www.futurohealth.org
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $301,388 | $0 | $40,237 | $341,625 |
| COO & CHIEF DATA SCIENTIST Key employee, 40.00 hrs/week | $250,207 | $0 | $53,407 | $303,614 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $205,493 | $0 | $43,448 | $248,941 |
| CHIEF LEARNING OFFICER Highest compensated employee, 40.00 hrs/week | $174,102 | $0 | $46,670 | $220,772 |
| DIRECTOR, PROCESS ENGINEERING Highest compensated employee, 40.00 hrs/week | $142,441 | $0 | $54,271 | $196,712 |
| CHIEF COMMUNICATIONS OFFICER Highest compensated employee, 40.00 hrs/week | $148,868 | $0 | $41,416 | $190,284 |
| DIRECTOR FINANCE & ACCTG Highest compensated employee, 40.00 hrs/week | $138,085 | $0 | $48,167 | $186,252 |
| SNR MANAGER, DATA SYSTEMS Highest compensated employee, 40.00 hrs/week | $138,130 | $0 | $38,532 | $176,662 |
14 people received more than $100,000 in reportable compensation from Futuro Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $894K (Part IX, line 5).
6 filings since FY2019 (1 mo.)
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5106
- Volunteers Part I, line 69
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| AIRY DISC LEARNING Scenario animation | $363,000 |
| JARRARD PHILLIPS CATE & HANCOCK Communications consulting | $338,180 |
| CLARK NUBER Accounting services | $140,290 |
| BBC NEWS GLOBAL Film documentary | $126,179 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Futuro Health totaling $200K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Futuro Health's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Futuro Health, you can publish a response that is linked from this page.
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Of every $100 Futuro Health spent in 2024, $86.81 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Futuro Health's spending goes to programs?
In calendar year 2024, Futuro Health reported that 86.8% of its $24.6 million in expenses went to program services, 13.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Futuro Health pay its top executive?
The largest total compensation Futuro Health reported for one person in calendar year 2024 was $341,625, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Futuro Health get its money?
Of $32.5 million in revenue in calendar year 2024, 72.6% came from contributions and grants (including 8.7% from government grants) and 12.7% from program service revenue (Form 990, Part VIII).
Is Futuro Health a registered charity?
The IRS lists EIN 84-3847958 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202522179349301457 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443129349305004 · read the filing
- 2022: Form 990 for calendar year 2022 (amended), object 202442969349300629 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223159349307582 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349328798 · read the filing
- FY2019 (1 mo.): Form 990 for the 1-month short period ending December 31, 2019 (amended), object 202230189349301318 · read the filing
All filings for EIN 84-3847958: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.