Public & Societal Benefit
(W99)
IRS Verified
DX Registered
990 on File
BROADFUTURES INC
Financial strength (30%)
79/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
To advance the inherent potential of young adults with learning disabilities in the work force through partnerships that foster independence, self-advocacy and successful employment.
Financial Overview — FY 2023
$871K
Total Revenue
$863K
Total Expenses
$1.3M
Net Assets
12
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.9%
Fundraising Efficiency
N/A
Operating Reserve
18.10x
Liability-to-Asset
4.3%
Revenue Diversification
74.8%
Executive Compensation
$149K
Compared with Peers
FY 2023
Compared with 1,957 similar organizations
(United States, Public & Societal Benefit, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
90.9% | 86.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 10.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.3% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
18.1 mo | 9.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.3% | 0.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
74.8% | 98.1% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
1.3% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
35.5% | 14.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.9% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $871K | $863K | $1.3M | 90.9% | 12 |
| 2022 | $860K | $637K | $1.3M | 79.8% | 8 |
| 2021 | $707K | $470K | N/A | — | 4 |
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