Civic Intelligence

Ibero Academy Institution

990 • Fiscal year 2019 • EIN 46-3479892

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 01, 2019

Organization ProfileN/A
5141 Upper Valley RdEl Paso, TX 79932

(915) 585-0840

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

3.00x

Higher debt load relative to assets than 99% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.28x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

25th percentile

-6.4%

Higher net margin than 25% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

9th percentile

-21%

Faster asset growth than 9% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

7.9%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$69,592

Down $18,920 (-21%) from 2018

Net Assets

Down

-$139,004

Down $34,465 (-33%) from 2018

Liabilities

Up

$208,596

Up $15,545 (+8.1%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin25th percentile

Revenue

Up

$741,675

Up $54,186 (+7.9%) from 2018

Expenses

Down

$789,419

Down $21,126 (-2.6%) from 2018

Net Income

Up

-$47,744

Up $75,312 (+61%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100K-$200KAssets 2014: $2,100Liabilities 2014: $0Net Assets 2014: $2,1002014Assets 2015: $116,881Liabilities 2015: $27,914Net Assets 2015: $88,9672015Assets 2017: $100,216Liabilities 2017: $81,695Net Assets 2017: $18,5212017Assets 2018: $88,512Liabilities 2018: $193,051Net Assets 2018: -$104,5392018Assets 2019: $69,592Liabilities 2019: $208,596Net Assets 2019: -$139,0042019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$69,592
Liabilities$208,596
Net Assets-$139,004
Open 2019 Filing

Operations Trend

Revenue Growth57th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2015: $468,746Expenses 2015: $503,987Net Income 2015: -$35,2412015Revenue 2017: $853,360Expenses 2017: $914,172Net Income 2017: -$60,8122017Revenue 2018: $687,489Expenses 2018: $810,545Net Income 2018: -$123,0562018Revenue 2019: $741,675Expenses 2019: $789,419Net Income 2019: -$47,7442019Revenue 2020: $177,665Expenses 2020: $38,661Net Income 2020: $139,0042020

Highlighted filing

2019

Revenue$741,675
Expenses$789,419
Net Income-$47,744
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 1, 2019
Return Version
2018v3.1
Gross Receipts
$741,675
Mission and Program Overview

Mission

Engage in providing community with private educational services, institution is to develop the needed skill set necessary for a life long engagement with the world of knowledge and instill the responsibility to effect positive changes in our society.

Engage in providing community with private education services, institution is to develop the needed skill set necessary for a life long engagement with the world of knowledge and instill the responsibility to effect positive changes in our society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$122,108$135,384▲ $13,276
Loans From Officers Directors-$121,263-
Land, Buildings, and Equipment, Net$78,498$61,049▼ $17,449
Cash and Non-Interest-Bearing Accounts$7,424$5,672▼ $1,752
Cap Stk Tr Prin Current Funds$2,100$2,100→ $0
Intangible Assets$2,100$2,100→ $0
Other Notes and Loans Receivable, Net$491$771▲ $280
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-228,747$-276,488▼ $47,741
Total Assets$88,513$69,592▼ $18,921
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$48,576-
Accounts Payable and Accrued Expenses$261$28,638▲ $28,377
Other Liabilities$192,791$10,119▼ $182,672
Total Liabilities$193,052$208,596▲ $15,544
Net Assets / Fund Balance
Total Net Assets Fund Balance$-104,539$-139,004▼ $34,465
Total Liabilities and Net Assets / Fund Balance$88,513$69,592▼ $18,921

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$61,049$61,795$122,844
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Laura E HolguinPresident
Adriana HolguinVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$741,675
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-47,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$409,028
Salaries, Compensation, and Employee Benefits$380,391
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$352,405--$352,405
All Other Expenses$70,631--$70,631
Payroll Taxes$27,986--$27,986
Other Expenses$25,164--$25,164
Insurance$17,936--$17,936
Depreciation Depletion$17,449--$17,449
Advertising$14,806--$14,806
Fees for Services Accounting$7,211--$7,211
Office Expenses$5,554--$5,554
Interest$1,553--$1,553
Conferences and Meetings$791--$791
Total Functional Expenses$789,419$0$0$789,419
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$121,263-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$10,119
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is provided to governing body for its review.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Compensation will be determined by statistical analysis of industry average.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Compensation process for officers determined by industry average”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“All documents are available for public review.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All documents are available to the public.”

Filing and Contact Details

Filer

Filer Name
Ibero Academy Institution
EIN
46-3479892
Address
5141 UPPER VALLEY RD, EL PASO, TX 79932

Signing Officer

Name
Laura E Holguin
Title
President
Signed
2019-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura E Holguin
Formed
2013
Legal Domicile
TX
Voting Board Members
2
Independent Board Members
0
Employees
34

Preparer

Firm
Roberto G Torres & Company Pc
Address
121 PARAGON LN BLDG A, EL PASO, TX 79912-6257
Preparer
Roberto G Torres
Phone
9155845059
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“PAID-IN CAPITAL = $13276”

Raw XML Appendix370 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO GOVERNING BODY FOR ITS REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION WILL BE DETERMINED BY STATISTICAL ANALYSIS OF INDUSTRY AVERAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR OFFICERS DETERMINED BY INDUSTRY AVERAGE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAID-IN CAPITAL = $13276
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Increases
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt088513
IRS990/TotalAssetsEOYAmt069592
IRS990/TotalAssetsGrp/BOYAmt088513
IRS990/TotalAssetsGrp/EOYAmt069592
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IRS990/TotalContributionsAmt00
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0789419
IRS990/TotalFunctionalExpensesGrp/TotalAmt0789419
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0193052
IRS990/TotalLiabilitiesEOYAmt0208596
IRS990/TotalLiabilitiesGrp/BOYAmt0193052
IRS990/TotalLiabilitiesGrp/EOYAmt0208596
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-104539
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-139004
IRS990/TotalProgramServiceExpensesAmt0789419
IRS990/TotalProgramServiceRevenueAmt0741675
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0741675
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0741675
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt088513
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt069592
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt05141 UPPER VALLEY RD
IRS990/USAddress/CityNm0EL PASO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079932
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA E HOLGUIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IBERO ACADEMY INSTITUTION
ReturnHeader/Filer/BusinessNameControlTxt0IBER
ReturnHeader/Filer/EIN0463479892
ReturnHeader/Filer/USAddress/AddressLine1Txt05141 UPPER VALLEY RD
ReturnHeader/Filer/USAddress/CityNm0EL PASO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079932
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331036600
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERTO G TORRES & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0121 PARAGON LN BLDG A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EL PASO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0799126257
ReturnHeader/PreparerPersonGrp/PhoneNum09155845059
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Roberto G Torres
ReturnHeader/ReturnTs02019-11-01T12:59:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$69,592
Liabilities
$208,596
Net assets
-$139,004
Revenue
$741,675
Expenses
$789,419
Net income
-$47,744
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$1.78$0.39$1.39
2019Detailed filing. Detailed filing data is available for this year.$0.70$2.09$1.39$7.42$7.89$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$1.93$1.05$6.87$8.11$1.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.82$0.19$8.53$9.14$0.61
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.28$0.89$4.69$5.04$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02