FUTUREPORTS: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: FUTUREPORTS (EIN 20-2619927)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-10-30
IRS object ID: 202103039349300305
Schema version: 2020v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule B
Schedule C
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-10-30T12:23:27-05:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	201356029	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BLACK & CONDIE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	23505 CRENSHAW BLVD STE 155	AddressLine1Txt
City	TORRANCE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90505	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	202619927	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FUTUREPORTS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FUTU	BusinessNameControlTxt
Phone	3109821323	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 15624	AddressLine1Txt
City	LONG BEACH	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90815	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	VARALAKSHMI JAYARAM	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	3109821323	PhoneNum
Signature	2021-06-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	LAKSHMI	PersonFirstNm
Person Last	JAYARAM	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JOHN M CONDIE CPA	PreparerPersonNm
PTIN	P00317190	PTIN
Phone	3105309600	PhoneNum
Preparation	2021-10-30	PreparationDt

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	TARA VOSS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 15624	AddressLine1Txt
City	LONG BEACH	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90815	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$190,016	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.FUTUREPORTS.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Activity Or Mission	THE GOAL OF FUTUREPORTS IS TO SERVE AS A FORUM AND PROVIDE REGIONAL LEADERSHIP DEDICATING ITS EFFORTS TO ACHIEVE SUPERIOR PERFORMANCE OF THE SOUTHERN CALIFORNIA GATEWAY.	ActivityOrMissionDesc
Voting Members Governing Body	18	VotingMembersGoverningBodyCnt
Voting Members Independent	18	VotingMembersIndependentCnt
Total Employee	1	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$180,668	PYContributionsGrantsAmt
CY Contributions Grants	$181,358	CYContributionsGrantsAmt
PY Program Service Revenue	$57,172	PYProgramServiceRevenueAmt
CY Program Service Revenue	$8,251	CYProgramServiceRevenueAmt
PY Investment Income	$660	PYInvestmentIncomeAmt
CY Investment Income	$407	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$238,500	PYTotalRevenueAmt
CY Total Revenue	$190,016	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$45,447	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$59,256	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$185	CYTotalFundraisingExpenseAmt
PY Other Expenses	$188,006	PYOtherExpensesAmt
CY Other Expenses	$139,643	CYOtherExpensesAmt
PY Total Expenses	$233,453	PYTotalExpensesAmt
CY Total Expenses	$198,899	CYTotalExpensesAmt
PY Revenues Less Expenses	$5,047	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$8,883	CYRevenuesLessExpensesAmt
Total Assets BOY	$266,692	TotalAssetsBOYAmt
Total Assets EOY	$366,439	TotalAssetsEOYAmt
Total Liabilities BOY	$10,959	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$123,849	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$255,733	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$242,590	NetAssetsOrFundBalancesEOYAmt
Mission	THE GOAL OF FUTUREPORTS IS TO SERVE AS A FORUM AND PROVIDE REGIONAL LEADERSHIP DEDICATING ITS EFFORTS TO ACHIEVE SUPERIOR PERFORMANCE OF THE SOUTHERN CALIFORNIA GATEWAY.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$165,822	ExpenseAmt
Desc	BALANCING THE USE AND REGULATION OF LOS ANGELES AND LONG BEACH PORT RESOURCES TO ENSURE THE ECONOMIC PROSPERITY AND ENVIROMENTAL PROTECTION OF THE REGION.	Desc
Total Program Service Expenses	$165,822	TotalProgramServiceExpensesAmt
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	Yes (true)	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	2	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	1	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	18	GoverningBodyVotingMembersCnt
Independent Voting Member	18	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BLACK & CONDIE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3105309600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	23505 CRENSHAW BLVD	AddressLine1Txt
Address Line2	SUITE 155	AddressLine2Txt
City	TORRANCE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	90505	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
RICK CAMERON
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
JEN COHEN
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
DAMON HANNAMAN
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
FRAN INMAN
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
KAT JANOWICZ
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
VARALAKSHMI JAYARAM
TREASURER	1.00	Yes (X)	$0	$0	$0	Yes (X)
MATTHEW MEANS
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
JOB NELSON
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
JOHN OCHS
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
VINCENT PELLECCHIA
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
PATTY SENECAL
BOARD MBR/SE	1.00	Yes (X)	$0	$0	$0	Yes (X)
SUSAN SIFUENTES-TRIGUEROS
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
BRISSA SOTELO
CHAIR - ELEC	1.00	Yes (X)	$0	$0	$0	Yes (X)
ROBERT STEMLER
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
DOUG THIESSEN
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
LUPE VALDEZ
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
RACHEL VANDENBURG
BOARD MEMBER	0.25	Yes (X)	$0	$0	$0
TARA VOSS
CHAIRMAN	1.00	Yes (X)	$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Membership Dues	$125,500	MembershipDuesAmt
All Other Contributions	$55,858	AllOtherContributionsAmt
Total Contributions	$181,358	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	EVENT PROCEEDS	Desc
Total Revenue Column	$8,251	TotalRevenueColumnAmt
Related Or Exempt Func Income	$8,251	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$8,251	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$407	TotalRevenueColumnAmt
Related Or Exempt Func Income	$407	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$190,016	TotalRevenueColumnAmt
Related Or Exempt Func Income	$8,658	RelatedOrExemptFuncIncomeAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$55,006	TotalAmt
Program Services	$41,254	ProgramServicesAmt
Management And General	$13,752	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$4,250	TotalAmt
Program Services	$3,187	ProgramServicesAmt
Management And General	$1,063	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$120,000	TotalAmt
Program Services	$108,000	ProgramServicesAmt
Management And General	$12,000	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$5,350	TotalAmt
Management And General	$5,350	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$143	TotalAmt
Program Services	$143	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$935	TotalAmt
Program Services	$935	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,775	TotalAmt
Program Services	$2,497	ProgramServicesAmt
Management And General	$278	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
EVENT 1 COSTS	$3,398	$3,398
GRAPHIC DESIGN	$1,734	$1,734
PAYROLL SERVICE	$1,106	$884	$111	$111
CONFERENCE EXPENSES	$767	$767

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,435	TotalAmt
Program Services	$3,023	ProgramServicesAmt
Management And General	$338	ManagementAndGeneralAmt
Fundraising	$74	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$198,899	TotalAmt
Program Services	$165,822	ProgramServicesAmt
Management And General	$32,892	ManagementAndGeneralAmt
Fundraising	$185	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$45,007	BOYAmt
EOY	$43,222	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$202,511	BOYAmt
EOY	$202,917	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$19,174	BOYAmt
EOY	$120,300	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$5,564	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,564	LandBldgEquipAccumDeprecAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$266,692	BOYAmt
EOY	$366,439	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$10,959	BOYAmt
EOY	$11,349	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
EOY	$112,500	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,959	BOYAmt
EOY	$123,849	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$255,733	BOYAmt
EOY	$242,590	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$255,733	BOYAmt
EOY	$242,590	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$266,692	BOYAmt
EOY	$366,439	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$8,883	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	-$4,260	PriorPeriodAdjustmentsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nonded	false	SubstantiallyAllDuesNondedInd
Only In House Lobbying	false	OnlyInHouseLobbyingInd
Agree Carryover Prior Year	false	AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,564	OtherCostOrOtherBasisAmt
Depreciation	$5,564	DepreciationAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY AND IS REVIEWED BY THE EXECUTIVE DIRECTOR, THE TREASURER, AND PRESIDENT PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12C	BOARD MEMBERS PROVIDE A CONFLICT OF INTEREST FORM TO EXECUTIVE DIRECTOR WHO MONITORS COMPLIANCE WITH THE POLICY.
FORM 990, PAGE 6, PART VI, LINE 15A	EXECUTIVE COMMITTEE PROVIDED ANNUAL REVIEW AND SUBMITS RECOMMENDATION TO THE FULL BOARD OF DIRECTORS BASED ON GOALS AND POSITION DESCRIPTION.
FORM 990, PAGE 6, PART VI, LINE 19	FORM 990 IS MADE AVAILABLE UPON REQUEST OR THROUGH GUIDESTAR.ORG.