Civic Intelligence

Lets Go Jero Foundation Inc

EIN 81-4806865 • 501(c)3 • Miami, FL

Revoked

Profile

Lets go jero foundation inc. Promotes funding for children who have been declared terminally ill, and who may somehow have a life expectancy by participating in therapeutic or experimental treatments.

Revocation date: May 15, 2023

14346 SW 98th TerMiami, FL 33186

www.vamosjero.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2019

Top Officer Pay

90th percentile

$32,500

Higher top officer pay than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

17th percentile

-61%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$22,549

Down $34,564 (-61%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$22,549

Down $34,564 (-61%) from 2018

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2018

Expenses

Down

$34,564

Down $108,145 (-76%) from 2018

Net Income

Up

-$34,564

Up $108,145 (+76%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2018: $57,113Liabilities 2018: $0Net Assets 2018: $57,1132018Assets 2019: $22,549Liabilities 2019: $0Net Assets 2019: $22,5492019

Highlighted filing

2019

Assets$22,549
Liabilities$0
Net Assets$22,549
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2018: $0Expenses 2018: $142,709Net Income 2018: -$142,7092018Revenue 2019: $0Expenses 2019: $34,564Net Income 2019: -$34,5642019

Highlighted filing

2019

Revenue$0
Expenses$34,564
Net Income-$34,564
Open 2019 Filing

Filings

Most recent year

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

Open filing
Assets
$22,549
Liabilities
$0
Net assets
$22,549
Revenue
$0
Expenses
$34,564
Net income
-$34,564
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.00$0.35$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.00$1.43$1.43
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

Lets go jero foundation inc. Promotes funding for children who have been declared terminally ill, and who may somehow have a life expectancy by participating in therapeutic or experimental treatments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,113$22,549▼ $34,564
Total Assets$57,113$22,549▼ $34,564
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$57,113$22,549▼ $34,564
Total Net Assets Fund Balance$57,113$22,549▼ $34,564
Total Liabilities and Net Assets / Fund Balance$57,113$22,549▼ $34,564
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Fabio LozanoPresidentFT$32,500$32,500

Board Members and Trustees

NameTitle
Luis VillaSecretary and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-34,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$32,500
Other Expenses$2,064
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-$32,500-$32,500
Other Expenses-$990-$990
Total Functional Expenses$0$34,564$0$34,564
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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 governing body review Part VI line 11

“Form 990 is presented to and reviewed by the board of directors before filing.”

Conflict of interest policy compliance Part VI line 12C

“The foundation presents a written conflict of interest policy to all board members. Each member is required to annually sign the statement affirming receipt of the conflict of interest policy, attesting to having read and understood the policy, and agreeing to comply with the terms of policy.”

Governing documents etc available to public Part VI line 19

“Document are avaiable upon request.”

Part VI response or note to any other line in Part VI

“Fabio lozano carrera 14 no 95-47 ofic 301 bogota colombia”

Filing and Contact Details

Filer

Filer Name
Lets Go Jero Foundation Inc
EIN
81-4806865
Address
14346 SW 98TH TER, MIAMI, FL 33186

Signing Officer

Name
Fabio Lozano
Title
CEO
Phone
7865770191
Signed
2020-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fabio Lozano
Formed
2018
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Itax Miami
Address
9290 HAMMOCKS BLVD STE 404, MIAMI, FL 33196
Preparer
Lilibeth Rueda
Phone
7865770191
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Response or note to line 9 in part xi amounts received in fundraising events and grants held in 2017.”

Part III response or note to any other line in Part III

“Lets go jero foundation inc. Promotes funding for children who have been declared terminally ill in and who may somehow have a life expectancy by participating in therapeutic or experimental treatments. Also serve to facilitate the work of vamos jero in colombia, with regards to the contact of medical institutions in the united states, carrying out crowdfunding and communication activities in the fight against childhood cancer.”

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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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