Civic Intelligence

Futuro Academy Incorporated

990 • Fiscal year 2019 • EIN 81-0731066

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 25, 2020

Organization ProfileFUTUROACADEMYLV.ORG

View Organization Page

PO Box 33007Las Vegas, NV 89133

(702) 331-5515

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.01x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.55x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

20th percentile

-11%

Higher net margin than 20% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

61st percentile

$84,592

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

98th percentile

225%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

86%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$1,370,017

Up $948,363 (+225%) from 2018

Net Assets

Down

-$9,584

Down $270,532 (-104%) from 2018

Liabilities

Up

$1,379,601

Up $1,218,895 (+758%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin20th percentile

Revenue

Up

$2,515,708

Up $1,160,621 (+86%) from 2018

Expenses

Up

$2,786,240

Up $1,019,280 (+58%) from 2018

Net Income

Up

-$270,532

Up $141,341 (+34%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$20M$10M$0-$10MAssets 2017: $677,283Liabilities 2017: $4,462Net Assets 2017: $672,8212017Assets 2018: $421,654Liabilities 2018: $160,706Net Assets 2018: $260,9482018Assets 2019: $1,370,017Liabilities 2019: $1,379,601Net Assets 2019: -$9,5842019Assets 2020: $2,324,828Liabilities 2020: $2,338,364Net Assets 2020: -$13,5362020Assets 2021: $2,952,279Liabilities 2021: $2,735,275Net Assets 2021: $217,0042021Assets 2022: $10,578,691Liabilities 2022: $10,355,075Net Assets 2022: $223,6162022Assets 2023: $10,684,774Liabilities 2023: $11,353,187Net Assets 2023: -$668,4132023Assets 2024: $9,924,340Liabilities 2024: $11,174,155Net Assets 2024: -$1,249,8152024Assets 2025: $16,171,630Liabilities 2025: $18,246,312Net Assets 2025: -$2,074,6822025

Highlighted filing

2019

Assets$1,370,017
Liabilities$1,379,601
Net Assets-$9,584
Open 2019 Filing

Operations Trend

Revenue Growth92nd percentile

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

$10M$5.0M$0-$5.0MRevenue 2017: $826,092Expenses 2017: $153,271Net Income 2017: $672,8212017Revenue 2018: $1,355,087Expenses 2018: $1,766,960Net Income 2018: -$411,8732018Revenue 2019: $2,515,708Expenses 2019: $2,786,240Net Income 2019: -$270,5322019Revenue 2020: $3,223,865Expenses 2020: $3,227,817Net Income 2020: -$3,9522020Revenue 2021: $4,245,726Expenses 2021: $4,015,186Net Income 2021: $230,5402021Revenue 2022: $5,415,455Expenses 2022: $5,408,843Net Income 2022: $6,6122022Revenue 2023: $5,360,916Expenses 2023: $6,252,945Net Income 2023: -$892,0292023Revenue 2024: $6,889,569Expenses 2024: $7,470,971Net Income 2024: -$581,4022024Revenue 2025: $7,118,071Expenses 2025: $7,942,938Net Income 2025: -$824,8672025

Highlighted filing

2019

Revenue$2,515,708
Expenses$2,786,240
Net Income-$270,532
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 25, 2020
Return Version
2018v3.2
Gross Receipts
$2,515,708
Mission and Program Overview

Mission

Through rigorous academics and personal excellence, Futuro Academy educates all K-5 scholars to excel through middle school into high school, and to the university of their choice.

To educate all scholars to excel through grade school, and into the university of their choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$157,397$1,016,614▲ $859,217
Cash and Non-Interest-Bearing Accounts$129,571$143,209▲ $13,638
Pledges and Grants Receivable-$131,329-
Land, Buildings, and Equipment, Net$62,185$77,617▲ $15,432
Accounts Receivable$72,501$1,248▼ $71,253
Total Assets$421,654$1,370,017▲ $948,363
Liabilities
Other Liabilities$77,559$1,244,946▲ $1,167,387
Unsecured Notes Loans Payable$58,000$76,428▲ $18,428
Accounts Payable and Accrued Expenses$25,147$58,227▲ $33,080
Total Liabilities$160,706$1,379,601▲ $1,218,895
Net Assets / Fund Balance
Unrestricted Net Assets$260,948$-9,584▼ $270,532
Total Net Assets Fund Balance$260,948$-9,584▼ $270,532
Total Liabilities and Net Assets / Fund Balance$421,654$1,370,017▲ $948,363

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$52,015$6,877$58,892
Leasehold Improvements$25,602$5,619$31,221
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ignacio PradoExecutive DirectorFT$80,100$4,492$84,592

Board Members and Trustees

NameTitle
Khanh AndersonChair
Abigayle FarrisTrustee
Christopher LujanTrustee
Ela Maria GarciaTrustee
Grace FuncionTrustee
Julio MezaTrustee
Jennifer RobertsSecretary
Brian RosenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,489,160
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$26,548
Change in Net Assets
$-270,532

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,515,708
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,515,708
Total Revenue per Form 990
$2,515,708
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,600,323
Salaries, Compensation, and Employee Benefits$1,185,917
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$651,761$116,747-$768,508
Occupancy$584,492$24,354-$608,846
Pension Plan Contributions$177,926$30,242-$208,168
Information Technology$170,155--$170,155
Office Expenses$127,623--$127,623
Fees for Services Other$122,759--$122,759
Conferences and Meetings$106,553--$106,553
Current Officers, Directors, Trustees, and Key Employees$92,184--$92,184
Other Expenses$112,970$89,435-$89,435
Other Employee Benefits$75,576$12,889-$88,465
Interest-$42,758-$42,758
Payroll Taxes$28,592--$28,592
Insurance$20,246--$20,246
Advertising-$13,279-$13,279
Depreciation Depletion$7,747$323-$8,070
Travel$4,428--$4,428
Total Functional Expenses$2,456,213$330,027$0$2,786,240

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,786,240
Total Expenses per Audited Statements$2,786,240
Total Expenses per Form 990$2,786,240
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Net Pension Liability$983,220
Factored Receivable Liability$211,407
Deferred Inflows of Pension$50,319
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Section A, Line 8B

“The organization does not have any committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

Form 990, Part VI, Section B, Line 12C

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

Form 990, Part VI, Section B, Line 15

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action.”

Form 990, Part VI, Section C, Line 19

“The organizations governing documents, conflict of interest policy, and financial statements are availiable to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Futuro Academy
EIN
81-0731066
Phone
7023315515
Address
PO BOX 33007, LAS VEGAS, NV 89133

Signing Officer

Name
Ignacio Prado
Title
Executive Director
Phone
7023315515
Signed
2020-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ignacio Prado
Formed
2015
Legal Domicile
Nv
Voting Board Members
8
Independent Board Members
8
Employees
23
Volunteers
30

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Derrick Debruyne CPA
Phone
6268577300
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The school is a non-profit entity exempt from the payment of income taxes under revenue code section 501(c)(3). Accordingly, no provision has been made for income taxes.”

Raw XML AppendixShowing 400 of 422 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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IRS990/PYInvestmentIncomeAmt00
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IRS990/PYOtherRevenueAmt027889
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-411873
IRS990/PYSalariesCompEmpBnftPaidAmt0547387
IRS990/PYTotalExpensesAmt01766960
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01355087
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-270532
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026548
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt052015
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06877
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt058892
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02786240
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05619
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt031221
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0211407
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1983220
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt250319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FACTORED RECEIVABLE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOWS OF PENSION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02515708
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt02786240
IRS990ScheduleD/TotalLiabilityAmt01244946
IRS990ScheduleD/TotalRevenuePerForm990Amt02515708
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02515708
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02786240
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd00
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0STATUTORY RULES OF NOTICE DUE TO APPLICATION WINDOW IN NEVADA PROVIDES FOR THESE NOTICES, AND ENROLLMENT MATERIALS ARE REVIEWED BY CHARTER AUTHORIZER PRIOR TO RELEASE TO GENERAL PUBLIC.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1FUTURO ACADEMY IS A NON-PROFIT PUBLIC CHARTER SCHOOL AND DOES NOT CHARGE TUITION OR FEES, AND AS SUCH HAS NO SCHOLARHIP PROGRAMS OR FINANCIAL ASSISTANCE PROGRAMS FOR WHICH TO MAINTAIN RECORDS OF.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES STATE AND FEDERAL FUNDING.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINE BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILIABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt01370017
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02489160
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0330027
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02456213
IRS990/TotalFunctionalExpensesGrp/TotalAmt02786240
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0160706
IRS990/TotalLiabilitiesEOYAmt01379601
IRS990/TotalLiabilitiesGrp/BOYAmt0160706
IRS990/TotalLiabilitiesGrp/EOYAmt01379601
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0260948
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-9584
IRS990/TotalOtherCompensationAmt04492
IRS990/TotalProgramServiceExpensesAmt02456213
IRS990/TotalReportableCompFromOrgAmt080100
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt026548
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02515708
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0421654
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01370017
IRS990/TotReportableCompRltdOrgAmt00
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IRS990/TravelGrp/TotalAmt04428
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0260948
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-9584
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt058000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt076428
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0920 N LAMB BOULEVARD
IRS990/USAddress/CityNm0LAS VEGAS
IRS990/USAddress/StateAbbreviationCd0NV
IRS990/USAddress/ZIPCd089110
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTP://FUTUROACADEMYLV.ORG/
IRS990/WhistleblowerPolicyInd01
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IGNACIO PRADO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07023315515
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-25
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ReturnHeader/Filer/EIN0810731066
ReturnHeader/Filer/PhoneNum07023315515
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 33007
ReturnHeader/Filer/USAddress/CityNm0LAS VEGAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NV

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
$1,370,017
Liabilities
$1,379,601
Net assets
-$9,584
Revenue
$2,515,708
Expenses
$2,786,240
Net income
-$270,532
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$16.2$18.2$2.07$7.12$7.94$0.82
2024Detailed filing. Detailed filing data is available for this year.$9.92$11.2$1.25$6.89$7.47$0.58
2023Detailed filing. Detailed filing data is available for this year.$10.7$11.4$0.67$5.36$6.25$0.89
2022Detailed filing. Detailed filing data is available for this year.$10.6$10.4$0.22$5.42$5.41$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$2.74$0.22$4.25$4.02$0.23
2020Detailed filing. Detailed filing data is available for this year.$2.32$2.34$0.01$3.22$3.23$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.37$1.38$0.01$2.52$2.79$0.27
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.16$0.26$1.36$1.77$0.41
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.67$0.83$0.15$0.67