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Virginia · Nonprofit

FUTURE KINGS INC

FUTURE KINGS INC (Virginia) receives grants from 15 organizations whose IRS filings report $503,491 to it, the largest being Illumina Corporate Foundation ($100,000). 4 of them have funded it in more than one year.

Revenue FY2025
$332k
Funders on record
15
Grants received
$503k
Net assets
$53k
4/15 repeat funderspeak grant-dependency 70%
01What it does

What Future Kings Inc does

Mission

We are entrepreneurial education program. Our goal is to help boys from underserved communities start and grow their own STEM -based business.

As stated on its FY2025 Form 990.

Program

  1. Our STEM camps served 50 boys and girls from underserved communities. The camps operated from 8:30am to 4:30pm Monday through Friday. Lunch was provided. There were four camps that operated provided introductory skills in Cyber Security, Stock Market Investing, Computer Game Design, and 3-Dprinting. The goal of the camps was to excite students about the fun and entrepreneurial opportunities in these technical fields. We want to grow this activity to serve at least 300 studentsper summer. The plan is to maintain the foundational goal for this activity, but togrow its revenue so that is becomes revenue generating to the degree that it can become a significant contributor to the Future Kings goal of being self-sustaining.Volunteers provided all general and administrative staff for Future King.

    $303,887 spent$332,165 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $303,887.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($28k) Expenses 100 ($29k) Net assets 100 ($60)2018 Revenue 189 ($54k) Expenses 186 ($53k) Net assets 960 ($576)2019 Revenue 231 ($66k) Expenses 211 ($61k) Net assets 9953 ($6k)2020 Revenue 609 ($173k) Expenses 382 ($110k) Net assets 115870 ($70k)2021 Revenue 675 ($192k) Expenses 619 ($178k) Net assets 138823 ($83k)2022 Revenue 790 ($225k) Expenses 989 ($284k) Net assets 40737 ($24k)2023 Revenue 1153 ($328k) Expenses 938 ($269k) Net assets 140428 ($84k)2024 Revenue 1295 ($368k) Expenses 1147 ($329k) Net assets 206583 ($124k)2025 Revenue 1168 ($332k) Expenses 1271 ($365k) Net assets 88338 ($53k)
'17'18'19'20'21'22'23'24'25
Revenue (1168)Expenses (1271)Net assets (88338)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $24k to $113k (+360%).

$266
$-897
$3k
$65k
$83k
$24k
$113k
$131k
$77k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

96% of FUTURE KINGS INC’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 25,057 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$250
’17
$567
’18
$5k
’19
$64k
’20
$15k
’21
−$59k
’22
$59k
’23
$39k
’24
−$33k
’25
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Dr Arik King

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed111166666
Joined·····+0+0+0+0
No longer listed·····0000
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 4 funders, grant income fell $122k → $91k.

6 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FUTURE KINGS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FUTURE KINGS INC has a broad base — no single funder exceeds 20% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FUTURE KINGS INC.

20%
largest funder
44%
top three
~9
effective funders

Largest funder’s share by year: 2020 82% · 2021 73% · 2022 62% · 2023 38% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of FUTURE KINGS INC's funders are still giving 3 years after their first grant; 27% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

FUTURE KINGS INC draws 65% of its grant income from funders outside Virginia, across 5 states in all.

NY
MA
VA
DE
GA

In-state vs out-of-state, by year

’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $217k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FUTURE KINGS INC has grown faster than three-quarters of the 17,450 education nonprofits its size.

Operating margin−10% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)36% · top quartile

this organization peer median middle 50% of peers· 17,450 education nonprofits $100k–$1M, FY2025

Organizations like FUTURE KINGS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

6
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Screen this organization

A dated, signed PDF of the compliance screen for FUTURE KINGS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FUTURE KINGS INC?
FUTURE KINGS INC (Virginia) receives grants from 15 organizations whose IRS filings report $503,491 to it, the largest being Illumina Corporate Foundation ($100,000). 4 of them have funded it in more than one year.
How many funders does FUTURE KINGS INC have?
IRS filings report 15 organizations giving $503,491 in grants to FUTURE KINGS INC, 4 of which have funded it in more than one year.
Who is the largest funder of FUTURE KINGS INC?
Illumina Corporate Foundation is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like FUTURE KINGS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Future Kings →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing