New Futures, Inc.
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
New Futures, Inc. meets the 20 Standards for Charity Accountability.
Stated Purpose:
Transforming the lives of homeless families through shelter, advocacy, and resources.
Year, State Incorporated:
1996, AL
New Futures Family Lodge is a 13-room 501(c)3 (non-profit) homeless shelter located in Huntsville, Alabama that supports homeless families looking to regain stability and reshape their lives. New Futures is the only homeless shelter in North Alabama that allows families to reside in a unit together to maintain healthy relationships, to allow families the opportunity to thrive as they seek permanent housing and financial security. New Futures relies on our community to help support and fund our efforts, from providing food and basic needs for our residents, to engaging residents in life skills workshops and case management and aiding in transitioning towards a "new future" of stability and consistency.
For the year ended December 31, 2024, New Futures, Inc.'s program expenses were:
| Program services | $269,837 |
| Total Program Expenses | $269,837 |
Chief Executive
Tayna Rains, Executive Director
Chair of the Board
Jim Dwyer, Board President
Chair's Profession / Business Affiliation
Board Size
10
Paid Staff Size
4
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Radio, Grant proposals, Internet, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.), Solicitations for Used Clothing
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on New Futures, Inc.'s audited financial statements for the year ended December 31, 2024.
Source of Funds
| Contributions | $126,953 |
| Grants | $68,746 |
| Program income | $36,450 |
| Interest | $3,917 |
| Fund raising | $1,402 |
| Miscellaneous | $321 |
| Total Income | $237,789 |
Programs: 92% Fundraising: 3% Administrative: 5%
| Total Income | $237,789 |
| Total expenses: | $293,865 |
| Program expenses | $269,837 |
| Fundraising expenses | $8,344 |
| Administrative expenses | $15,684 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-56,076 |
| Beginning Net Assets | $237,563 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $181,487 |
| Total Liabilities | $320,733 |
| Total Assets | $502,220 |
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RELATED CONTENT
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Meets Standards
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Standards Not Met
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Review in Progress
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Unable to Verify
Report completed by:
BBB Serving North Alabama