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Financial Disclosures
Investing In My Future, Inc. is a tax deductible 501(c)(3) organization and is transparent in its financial disclosures and use of funds.
We are grateful to our community that allows us to be an organization that is 100% volunteer run through a working board and large volunteer base of parents, alumni, and community activists. With no paid staff, we are able to devote a majority of our funds to the students who participate in our organization. Annually, over 80% of funds received are used for program expenses with the remainder being used for administrative costs (Storage, Insurance, Software, Printing, Advertising, etc.).
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Documents
Financial Statements
Statement of Activities
Fiscal Year Ending
Sept 30, 2023
Revenues
Contributions & Grants
Investment Income
Total Revenue
Expenses
Program Expenses
Administrative Expenses
Total Expenses
Change in Net Assets
$98,750
1,587
100,337
72,284
17,660
89,944
$10,393
Fiscal Year Ending
Sept 30, 2022
$89,624
48
89,672
63,498
12,646
76,144
$13,528
Fiscal Year Ending
Sept 30, 2023
Statement of Financial Position
Assets
Cash & Investments
Total Assets
Liabilities
Other Payables
Total Liabilities
Net Assets
Unrestricted
Temporarily Restricted
Permanently Restricted
Total Net Assets
Total Liabilities and Net Assets
$148,982
$148,982
$300
$300
$143,811
4,861
10
$148,682
$148,982
Fiscal Year Ending
Sept 30, 2022
$142,939
$142,939
$4,650
$4,650
$136,944
1,340
5
$138,289
$142,939
Created to provide programs that assist
African American children in understanding the value of an
education and preparing them to take their rightful place as future leaders.