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North Carolina · Nonprofit

MYFUTURENCINC

MYFUTURENCINC (North Carolina) receives grants from 33 organizations whose IRS filings report $19,731,954 to it, the largest being THE GOODNIGHT EDUCATIONAL FOUNDATION ($7,000,000). 18 of them have funded it in more than one year.

Revenue FY2024
$3.8M
Funders on record
33
Grants received
$20M
Net assets
$6.5M
18/33 repeat funderspeak grant-dependency 94%
01What it does

What Myfuturencinc does

Mission

Myfuturenc, inc.'s mission is to close gaps in educational access and promote a shared vision for an education-through-workforce continuum to ensure north carolina's economic viability in the global market.

As stated on its FY2024 Form 990.

Programs

  1. Local initiatives - programmatic efforts to convene regional/county leaders and raise awareness in support of new and ongoing local and regional eductional attainment focused initiative.

    $1,082,234 spent
    31% of program spending
  2. Data - programmatic efforts to measure progress toward north carolina educational attainment goals including the development, publication, and update of a data dashboard.

    $760,241 spent
    22% of program spending
  3. Educational advocacy & labor market alignment - programmatic efforts to (1) convene, engage and drive awareness with the public and key partners to inspire a deep commitment to improving educational attainment in north carolina, (2) align and coordinate state-level attainment and talent devlopment efforts with labor market need and (3) advance the development, implementation and scaling of evidence-based educational attainment focused practices and policies. Fafsa awareness/increase enroll campaign,

    $578,019 spent
    16% of program spending
  4. General educational attainment efforts, educational advocacy & labor market alignment, and other educational efforts.

    $1,085,392 spent
    31% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,505,886.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($1.3M) Expenses 100 ($21k) Net assets 100 ($1.2M)2020 Revenue 339 ($4.2M) Expenses 4691 ($1.0M) Net assets 364 ($4.5M)2021 Revenue 280 ($3.5M) Expenses 10368 ($2.2M) Net assets 468 ($5.7M)2022 Revenue 271 ($3.4M) Expenses 14819 ($3.2M) Net assets 486 ($6.0M)2023 Revenue 310 ($3.9M) Expenses 17416 ($3.7M) Net assets 520 ($6.4M)2024 Revenue 303 ($3.8M) Expenses 17380 ($3.7M) Net assets 526 ($6.5M)
201920202021202220232024
Revenue (303)Expenses (17380)Net assets (526)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 2019 to 2020, from $1.2M to $4.6M (+270%).

$1.2M
$4.6M
$5.8M
$6.1M
$6.5M
$8.5M
201920202021202220232024
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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 1% · 2022 15% · 2023 9% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.

98% of MYFUTURENCINC’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$1.2M
’19
$3.2M
’20
$1.3M
’21
$219k
’22
$150k
’23
$69k
’24
24
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.

Board chair

John Fraley

Board chair

As listed on its FY2025 Form 990.

201920202021202220232024
Listed181926212726
Joined·+3+7+1+11+2
No longer listed·20653
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 15 funders, grant income rose $1.0M → $3.4M.

5 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% 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 MYFUTURENCINC’s funders (the co-funder graph). Top 30 of 33 funders by total. 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

MYFUTURENCINC leans on a few funders — its largest provides 35% of grant income and the top three 73%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

35%
largest funder
73%
top three
~4
effective funders

Largest funder’s share by year: 2019 100% · 2020 50% · 2021 39% · 2022 39% · 2023 37% — 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

60% of MYFUTURENCINC's funders are still giving 3 years after their first grant; 55% 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

93% of MYFUTURENCINC's grant income comes from North Carolina funders.

WA
MN
WI
NY
IN
NJ
MD
NC
FL

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

’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $991k arriving through sponsors registered in 4 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

MYFUTURENCINC holds deeper cash reserves than three-quarters of the 11,761 education nonprofits its size.

Operating margin2% · below the median
Months of reserve23.7mo · top quartile
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 11,761 education nonprofits $1M–$10M, FY2024

Organizations like MYFUTURENCINC

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 North Carolina

Nationally

05Profile & governance

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

Where the money goes

81% of spending goes to programs.

Program 81%Management 13%Fundraising 6%

Governance

21
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

36%

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

Footprint & structure

Files a return copy in 1 state

NC

Screen this organization

A dated, signed PDF of the compliance screen for MYFUTURENCINC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MYFUTURENCINC?
MYFUTURENCINC (North Carolina) receives grants from 33 organizations whose IRS filings report $19,731,954 to it, the largest being THE GOODNIGHT EDUCATIONAL FOUNDATION ($7,000,000). 18 of them have funded it in more than one year.
How many funders does MYFUTURENCINC have?
IRS filings report 33 organizations giving $19,731,954 in grants to MYFUTURENCINC, 18 of which have funded it in more than one year.
Who is the largest funder of MYFUTURENCINC?
THE GOODNIGHT EDUCATIONAL FOUNDATION is the largest funder on record, with $7,000,000 in grants. The full list of funders is on this page.
How can an organization like MYFUTURENCINC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 Myfuturencinc →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 33 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