Civic Intelligence

Spanish American Basic Education and Rehabilitation Inc. Saber

990 • Fiscal year 2018 • EIN 58-1126894

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 04, 2019

Organization ProfileSABERCOLLEGE.EDU

View Organization Page

3990 WEST FLAGLER STREET Room 103Miami, FL 33134

(305) 443-9170

Siviq Scores

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

Liabilities / Assets

86th percentile

0.79x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.56x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

94th percentile

$446,435

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

1st percentile

-64%

Faster asset growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-33%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets86th percentile

Assets

Down

$4,970,170

Down $8,999,877 (-64%) from 2017

Net Assets

Down

$1,063,243

Down $3,405,292 (-76%) from 2017

Liabilities

Down

$3,906,927

Down $5,594,585 (-59%) from 2017

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin73rd percentile

Revenue

Down

$7,036,608

Down $3,472,755 (-33%) from 2017

Expenses

Down

$5,957,999

Down $3,620,063 (-38%) from 2017

Net Income

Up

$1,078,609

Up $147,308 (+16%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$30M$20M$10M$0Assets 2011: $5,171,098Liabilities 2011: $4,007,903Net Assets 2011: $1,163,1952011Assets 2012: $10,150,801Liabilities 2012: $8,414,080Net Assets 2012: $1,736,7212012Assets 2013: $14,628,472Liabilities 2013: $12,219,524Net Assets 2013: $2,408,9482013Assets 2014: $20,017,445Liabilities 2014: $16,427,674Net Assets 2014: $3,589,7712014Assets 2015: $21,698,206Liabilities 2015: $15,663,011Net Assets 2015: $6,035,1952015Assets 2016: $13,329,440Liabilities 2016: $8,987,852Net Assets 2016: $4,341,5882016Assets 2017: $13,970,047Liabilities 2017: $9,501,512Net Assets 2017: $4,468,5352017Assets 2018: $4,970,170Liabilities 2018: $3,906,927Net Assets 2018: $1,063,2432018Assets 2019: $1,742,149Liabilities 2019: $751,261Net Assets 2019: $990,8882019Assets 2020: $1,754,180Liabilities 2020: $787,362Net Assets 2020: $966,8182020Assets 2021: $800,234Liabilities 2021: $468,748Net Assets 2021: $331,4862021Assets 2022: $1,202,159Liabilities 2022: $791,734Net Assets 2022: $410,4252022Assets 2023: $1,390,697Liabilities 2023: $884,214Net Assets 2023: $506,4832023Assets 2024: $1,639,278Liabilities 2024: $1,025,955Net Assets 2024: $613,3232024

Highlighted filing

2018

Assets$4,970,170
Liabilities$3,906,927
Net Assets$1,063,243
Open 2018 Filing

Operations Trend

Revenue Growth8th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,061,860Expenses 2011: $4,617,933Net Income 2011: $443,9272011Revenue 2012: $6,828,083Expenses 2012: $6,252,994Net Income 2012: $575,0892012Revenue 2013: $6,835,346Expenses 2013: $6,263,888Net Income 2013: $571,4582013Revenue 2014: $8,507,782Expenses 2014: $7,212,772Net Income 2014: $1,295,0102014Revenue 2015: $10,794,305Expenses 2015: $8,348,881Net Income 2015: $2,445,4242015Revenue 2016: $9,489,202Expenses 2016: $8,970,401Net Income 2016: $518,8012016Revenue 2017: $10,509,363Expenses 2017: $9,578,062Net Income 2017: $931,3012017Revenue 2018: $7,036,608Expenses 2018: $5,957,999Net Income 2018: $1,078,6092018Revenue 2019: $2,995,625Expenses 2019: $2,846,409Net Income 2019: $149,2162019Revenue 2020: $1,575,053Expenses 2020: $1,599,123Net Income 2020: -$24,0702020Revenue 2021: $2,495,024Expenses 2021: $2,438,025Net Income 2021: $56,9992021Revenue 2022: $3,782,505Expenses 2022: $3,703,566Net Income 2022: $78,9392022Revenue 2023: $4,674,636Expenses 2023: $4,578,578Net Income 2023: $96,0582023Revenue 2024: $6,771,770Expenses 2024: $6,664,930Net Income 2024: $106,8402024

Highlighted filing

2018

Revenue$7,036,608
Expenses$5,957,999
Net Income$1,078,609
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 4, 2019
Return Version
2017v2.3
Gross Receipts
$7,036,608
Mission and Program Overview

Mission

The mission of saber inc is to foster the growth of the individuals to allow them to become better members of this society by advancing their education in specific segments of knowledge through education and training

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$10,197,385$4,576,245▼ $5,621,140
Investments Program Related$2,905,006--
Land, Buildings, and Equipment, Net$271,930$180,806▼ $91,124
Pledges and Grants Receivable$50,758$71,823▲ $21,065
Prepaid Expenses and Deferred Charges$58,196--
Cash and Non-Interest-Bearing Accounts$261,430$36,049▼ $225,381
Receivables From Officers Etc$122,195$2,100▼ $120,095
Total Assets$13,970,047$4,970,170▼ $8,999,877
Other Assets Total$103,147$103,147→ $0
Liabilities
Deferred Revenue$8,837,409$2,083,163▼ $6,754,246
Accounts Payable and Accrued Expenses$588,960$1,823,764▲ $1,234,804
Other Liabilities$75,143--
Total Liabilities$9,501,512$3,906,927▼ $5,594,585
Net Assets / Fund Balance
Unrestricted Net Assets$4,468,535$1,063,243▼ $3,405,292
Total Net Assets Fund Balance$4,468,535$1,063,243▼ $3,405,292
Total Liabilities and Net Assets / Fund Balance$13,970,047$4,970,170▼ $8,999,877

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$44,451$489,864$534,315
Leasehold Improvements$136,355$136,356$272,711
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Fernando ObesoChief Financial OffcierFT$138,749$138,749
Silvio PicadoAccountantFT$106,678$106,678

Board Members and Trustees

NameTitle
William AlexanderBoard President
Raul R RodriguezBoard Secretary
Hector GascaDirector
Hilda PortillaDirector
Josefina Bonet HabifChief Administrative Officer
Maria Cristina PalaciosChief Financial Aid Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Asha Odua Corp-5642 W 17TH LANE, Hialeah, FL 33012$125,893
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,947,143
Investment Income
$0
Other Revenue
$89,465
Change in Net Assets
$1,078,609

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,036,608
Total Revenue per Audited Statements
$7,036,608
Total Revenue per Form 990
$7,036,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,180,956
Salaries, Compensation, and Employee Benefits$2,777,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,695,998$171,179-$1,867,177
Current Officers, Directors, Trustees, and Key Employees$899,873--$899,873
Occupancy$539,706$28,406-$568,112
Information Technology$98,382$5,178-$103,560
Depreciation Depletion$86,566$4,556-$91,122
Fees for Services Accounting$71,253$3,750-$75,003
Office Expenses$38,134$2,007-$40,141
Other Expenses$29,550$1,555-$31,105
All Other Expenses$18,992$1,000-$19,992
Advertising$12,294$647-$12,941
Insurance$10,570$555-$11,125
Other Employee Benefits$7,163$377-$7,540
Travel$5,358$282-$5,640
Pension Plan Contributions$2,330$123-$2,453
Total Functional Expenses$5,734,095$223,904$0$5,957,999

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,957,999
Total Expenses per Audited Statements$5,957,999
Total Expenses per Form 990$5,957,999
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
Receivables from Officers, Directors, Trustees, and Key Employees$122,195$2,100▼ $120,095
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Other Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 11

“Process used to review this form 990 the form is filled and prepared by the cpa, thomas company cpa pa, and in consultation with the financial officer and the chief administrative officer and necessary subordinate personnel if inquiries are needed. Once the final draft is completed, it is then reviewed by all parties, including members of the governing body, and signed by the chief financial officer and the principal of the firm.”

Form 990, Part VI, Line 12C

“Conflict of interest policy compliance by officers, directors, trustees, and by employees with the conflict of interest disclosure policy. The organization requests annually a letter from its officers, directors, and employees stating that they are not engaged in any activity, business or otherwise that will present a conflict of interest with the organization.”

Form 990, Part VI, Line 15A

“Ceo, director, and top management compensation review and approval provess by independent persons of compensation to cao, top management officials, other officers and key employees. The process is done by stratas. The board of directs receives no compensation. They are the ones that review and approve changes to the compensation of other officers or key employees of the organization.”

Form 990, Part VI, Line 15B

“Ceo, director, and top management compensation review and approval provess by independent persons of compensation to cao, top management officials, other officers and key employees. The process is done by stratas. The board of directs receives no compensation. They are the ones that review and approve changes to the compensation of other officers or key employees of the organization.”

Form 990, Part VI, Line 19

“Governing documents made available the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Spanish American Basic Education and Rehabilitation Inc
EIN
58-1126894
Phone
3054439170
Address
3990 WEST FLAGLER STREET Room 103, Miami, FL 33134
Doing Business As
Saber Inc

Signing Officer

Name
Silvio Picado
Title
Accountant
Signed
2019-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fernando Obeso
Formed
1971
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
56

Preparer

Firm
Thomas & Company CPA Pa
Address
9710 STIRLING ROAD STE 101, COOPER CITY, FL 33024
Preparer
Jose Thomas
Phone
9544357272
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0103147
IRS990/OtherAssetsTotalGrp/EOYAmt0103147
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0377
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07163
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07540
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1STUDENT DROP
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/Desc3OPERATING EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04289
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11555
IRS990/OtherExpensesGrp/ProgramServicesAmt01689763
IRS990/OtherExpensesGrp/ProgramServicesAmt1446672
IRS990/OtherExpensesGrp/ProgramServicesAmt281491
IRS990/OtherExpensesGrp/ProgramServicesAmt329550
IRS990/OtherExpensesGrp/TotalAmt01689763
IRS990/OtherExpensesGrp/TotalAmt1446672
IRS990/OtherExpensesGrp/TotalAmt285780
IRS990/OtherExpensesGrp/TotalAmt331105
IRS990/OtherLiabilitiesGrp/BOYAmt075143
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt089465
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt089465
IRS990/OtherRevenueTotalAmt089465
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0171179
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01695998
IRS990/OtherSalariesAndWagesGrp/TotalAmt01867177
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0123
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02330
IRS990/PensionPlanContributionsGrp/TotalAmt02453
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt050758
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt071823
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt058196
IRS990/PrincipalOfficerNm0FERNANDO OBESO
IRS990/PriorPeriodAdjustmentsAmt0-4483901
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624310
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0HOPWA
IRS990/ProgramServiceRevenueGrp/Desc1TUITION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0115679
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16831464
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0115679
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16831464
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYProgramServiceRevenueAmt010509363
IRS990/PYRevenuesLessExpensesAmt06436803
IRS990/PYSalariesCompEmpBnftPaidAmt04072560
IRS990/PYTotalExpensesAmt04072560
IRS990/PYTotalRevenueAmt010509363
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0122195
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt02100
IRS990/ReconcilationRevenueExpnssAmt01078609
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt044451
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0489864
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0534315
IRS990ScheduleD/ExpensesSubtotalAmt05957999
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0136355
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0136356
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0272711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueSubtotalAmt07036608
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0180806
IRS990ScheduleD/TotalExpensesPerForm990Amt05957999
IRS990ScheduleD/TotalRevenuePerForm990Amt07036608
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07036608
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05957999
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSEFINA BONET HABIF
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MARIA CRISTINA PALACIOS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF ADMINISTRATIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL AID OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ADV SALARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt02100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JOSEFINA HABIF
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CAO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt02100
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROCESS USED TO REVIEW THIS FORM 990 THE FORM IS FILLED AND PREPARED BY THE CPA, THOMAS COMPANY CPA PA, AND IN CONSULTATION WITH THE FINANCIAL OFFICER AND THE CHIEF ADMINISTRATIVE OFFICER AND NECESSARY SUBORDINATE PERSONNEL IF INQUIRIES ARE NEEDED. ONCE THE FINAL DRAFT IS COMPLETED, IT IS THEN REVIEWED BY ALL PARTIES, INCLUDING MEMBERS OF THE GOVERNING BODY, AND SIGNED BY THE CHIEF FINANCIAL OFFICER AND THE PRINCIPAL OF THE FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY COMPLIANCE BY OFFICERS, DIRECTORS, TRUSTEES, AND BY EMPLOYEES WITH THE CONFLICT OF INTEREST DISCLOSURE POLICY. THE ORGANIZATION REQUESTS ANNUALLY A LETTER FROM ITS OFFICERS, DIRECTORS, AND EMPLOYEES STATING THAT THEY ARE NOT ENGAGED IN ANY ACTIVITY, BUSINESS OR OTHERWISE THAT WILL PRESENT A CONFLICT OF INTEREST WITH THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CEO, DIRECTOR, AND TOP MANAGEMENT COMPENSATION REVIEW AND APPROVAL PROVESS BY INDEPENDENT PERSONS OF COMPENSATION TO CAO, TOP MANAGEMENT OFFICIALS, OTHER OFFICERS AND KEY EMPLOYEES. THE PROCESS IS DONE BY STRATAS. THE BOARD OF DIRECTS RECEIVES NO COMPENSATION. THEY ARE THE ONES THAT REVIEW AND APPROVE CHANGES TO THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CEO, DIRECTOR, AND TOP MANAGEMENT COMPENSATION REVIEW AND APPROVAL PROVESS BY INDEPENDENT PERSONS OF COMPENSATION TO CAO, TOP MANAGEMENT OFFICIALS, OTHER OFFICERS AND KEY EMPLOYEES. THE PROCESS IS DONE BY STRATAS. THE BOARD OF DIRECTS RECEIVES NO COMPENSATION. THEY ARE THE ONES THAT REVIEW AND APPROVE CHANGES TO THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS MADE AVAILABLE THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013970047
IRS990/TotalAssetsEOYAmt04970170
IRS990/TotalAssetsGrp/BOYAmt013970047
IRS990/TotalAssetsGrp/EOYAmt04970170
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt056
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0223904
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05734095
IRS990/TotalFunctionalExpensesGrp/TotalAmt05957999
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09501512
IRS990/TotalLiabilitiesEOYAmt03906927
IRS990/TotalLiabilitiesGrp/BOYAmt09501512
IRS990/TotalLiabilitiesGrp/EOYAmt03906927
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04468535
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01063243
IRS990/TotalProgramServiceExpensesAmt05734095
IRS990/TotalProgramServiceRevenueAmt06947143
IRS990/TotalReportableCompFromOrgAmt0899873
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07036608
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07036608
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013970047
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04970170
IRS990/TravelGrp/ManagementAndGeneralAmt0282
IRS990/TravelGrp/ProgramServicesAmt05358
IRS990/TravelGrp/TotalAmt05640
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04468535
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01063243
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03990 WEST FLAGLER STREET
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033134
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0SABERCOLLEGE.EDU
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SILVIO PICADO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ACCOUNTANT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPANISH AMERICAN BASIC EDUCATION AND REHABILITATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SPAN
ReturnHeader/Filer/EIN0581126894
ReturnHeader/Filer/PhoneNum03054439170
ReturnHeader/Filer/USAddress/AddressLine1Txt03990 WEST FLAGLER STREET Room 103

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,970,170
Liabilities
$3,906,927
Net assets
$1,063,243
Revenue
$7,036,608
Expenses
$5,957,999
Net income
$1,078,609
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.64$1.03$0.61$6.77$6.66$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.88$0.51$4.67$4.58$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.79$0.41$3.78$3.70$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.47$0.33$2.50$2.44$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.75$0.79$0.97$1.58$1.60$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.74$0.75$0.99$3.00$2.85$0.15
2018Detailed filing. Detailed filing data is available for this year.$4.97$3.91$1.06$7.04$5.96$1.08
2017Detailed filing. Detailed filing data is available for this year.$14.0$9.50$4.47$10.5$9.58$0.93
2016Detailed filing. Detailed filing data is available for this year.$13.3$8.99$4.34$9.49$8.97$0.52
2015Detailed filing. Detailed filing data is available for this year.$21.7$15.7$6.04$10.8$8.35$2.45
2014Summary only. Only limited summary data is available for this year.$20.0$16.4$3.59$8.51$7.21$1.30
2013Summary only. Only limited summary data is available for this year.$14.6$12.2$2.41$6.84$6.26$0.57
2012Summary only. Only limited summary data is available for this year.$10.2$8.41$1.74$6.83$6.25$0.58
2011Summary only. Only limited summary data is available for this year.$5.17$4.01$1.16$5.06$4.62$0.44