Civic Intelligence

Futuro Academy Incorporated

990 • Fiscal year 2020 • EIN 81-0731066

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 15, 2021

Organization ProfileFUTUROACADEMYLV.ORG

View Organization Page

920 N Lamb BoulevardLas Vegas, NV 89110

(702) 331-5515

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.73x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

37th percentile

-0.1%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$107,784

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

90th percentile

70%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

28%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$2,324,828

Up $954,811 (+70%) from 2019

Net Assets

Down

-$13,536

Down $3,952 (-41%) from 2019

Liabilities

Up

$2,338,364

Up $958,763 (+69%) from 2019

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin37th percentile

Revenue

Up

$3,223,865

Up $708,157 (+28%) from 2019

Expenses

Up

$3,227,817

Up $441,577 (+16%) from 2019

Net Income

Up

-$3,952

Up $266,580 (+99%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth90th 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

2020

Assets$2,324,828
Liabilities$2,338,364
Net Assets-$13,536
Open 2020 Filing

Operations Trend

Revenue Growth80th 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

2020

Revenue$3,223,865
Expenses$3,227,817
Net Income-$3,952
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 15, 2021
Return Version
2019v5.2
Gross Receipts
$3,223,865
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$1,016,614$1,512,368▲ $495,754
Pledges and Grants Receivable$131,329$287,388▲ $156,059
Cash and Non-Interest-Bearing Accounts$143,209$278,243▲ $135,034
Accounts Receivable$1,248$172,361▲ $171,113
Land, Buildings, and Equipment, Net$77,617$74,468▼ $3,149
Total Assets$1,370,017$2,324,828▲ $954,811
Liabilities
Other Liabilities$1,244,946$1,907,568▲ $662,622
Unsecured Notes Loans Payable$76,428$309,600▲ $233,172
Accounts Payable and Accrued Expenses$58,227$121,196▲ $62,969
Total Liabilities$1,379,601$2,338,364▲ $958,763
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-9,584$-13,536▼ $3,952
Total Net Assets Fund Balance$-9,584$-13,536▼ $3,952
Total Liabilities and Net Assets / Fund Balance$1,370,017$2,324,828▲ $954,811

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$52,418$13,465$65,883
Leasehold Improvements$22,050$9,171$31,221
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ignacio PradoExecutive DirectorFT$88,238$19,546$107,784

Board Members and Trustees

NameTitle
Khanh AndersonChair
Christopher LujanTrustee
Ela Maria GarciaTrustee
Grace FuncionTrustee
Julio MezaTrustee
Mark MeindianaTrustee
Abigayle FarrisSecretary
Brian RosenbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,213,724
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$10,141
All Other Contributions
$18,258
Change in Net Assets
$-3,952

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,223,865
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,223,865
Total Revenue per Form 990
$3,223,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,800,359
Other Expenses$1,427,458
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$890,615$224,338-$1,114,953
Occupancy$640,557$10-$640,567
Pension Plan Contributions$425,969--$425,969
Fees for Services Other$203,246$79,024-$282,270
Current Officers, Directors, Trustees, and Key Employees$124,508--$124,508
Information Technology$119,586$2,521-$122,107
Office Expenses$72,898$26,877-$99,775
Other Employee Benefits$75,716$19,831-$95,547
Payroll Taxes$31,429$7,953-$39,382
Travel-$30,855-$30,855
Insurance$23,361--$23,361
Depreciation Depletion$10,140--$10,140
Other Expenses$7,217$63,174-$7,217
Conferences and Meetings$6,155--$6,155
Interest$3,412--$3,412
Advertising-$3,304-$3,304
Total Functional Expenses$2,769,748$458,069$0$3,227,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,227,817
Total Expenses per Audited Statements$3,227,817
Total Expenses per Form 990$3,227,817
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$1,622,295
Factored Receivable Liability$157,777
Deferred Inflows of Pension$127,496
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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, 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
920 N LAMB BOULEVARD, LAS VEGAS, NV 89110

Signing Officer

Name
Ignacio Prado
Title
Executive Director
Phone
7023315515
Signed
2021-03-15
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
33
Volunteers
30

Preparer

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

Additional Explanations

Form 990, Part XII, Line 2C

“The organization has not changed its oversight or selections process from the previous year.”

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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/PrepaidExpensesDefrdChargesGrp/EOYAmt01512368
IRS990/PrincipalOfficerNm0IGNACIO PRADO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02489160
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01600323
IRS990/PYOtherRevenueAmt026548
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-270532
IRS990/PYSalariesCompEmpBnftPaidAmt01185917
IRS990/PYTotalExpensesAmt02786240
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02515708
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3952
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010141
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt052418
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013465
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt065883
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03227817
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt022050
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09171
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt031221
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0157777
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11622295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2127496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FACTORED RECEIVABLE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NET PENSION LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED INFLOWS OF PENSION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03223865
IRS990ScheduleD/TotalBookValueLandBuildingsAmt074468
IRS990ScheduleD/TotalExpensesPerForm990Amt03227817
IRS990ScheduleD/TotalLiabilityAmt01907568
IRS990ScheduleD/TotalRevenuePerForm990Amt03223865
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03223865
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03227817
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/ExplanationTxt5THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTIONS PROCESS FROM THE PREVIOUS YEAR.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01370017
IRS990/TotalAssetsEOYAmt02324828
IRS990/TotalAssetsGrp/BOYAmt01370017
IRS990/TotalAssetsGrp/EOYAmt02324828
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03213724
IRS990/TotalEmployeeCnt033
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0458069
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02769748
IRS990/TotalFunctionalExpensesGrp/TotalAmt03227817
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01379601
IRS990/TotalLiabilitiesEOYAmt02338364
IRS990/TotalLiabilitiesGrp/BOYAmt01379601
IRS990/TotalLiabilitiesGrp/EOYAmt02338364
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-9584
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-13536
IRS990/TotalOtherCompensationAmt019546
IRS990/TotalProgramServiceExpensesAmt02769748
IRS990/TotalReportableCompFromOrgAmt088238
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010141
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03223865
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01370017
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02324828
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt030855
IRS990/TravelGrp/TotalAmt030855
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt076428
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0309600
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
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IGNACIO PRADO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,324,828
Liabilities
$2,338,364
Net assets
-$13,536
Revenue
$3,223,865
Expenses
$3,227,817
Net income
-$3,952
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