Civic Intelligence

Futuro Infantil Hispano

990 • Fiscal year 2017 • EIN 95-4494661

Jul 01, 2016 to Jun 30, 2017 • Filed on May 09, 2018

Organization Profilewww.futuroinfantil.org

View Organization Page

2227 E Garvey Ave North PO Box 4724West Covina, CA 91791

(626) 339-1824

Siviq Scores

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

Liabilities / Assets

60th percentile

0.26x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

47th percentile

0.15x

Higher debt load relative to revenue than 47% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

58th percentile

5.5%

Higher net margin than 58% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

81st percentile

$228,831

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

58th percentile

6.3%

Faster asset growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

59th percentile

8.3%

Faster revenue growth than 59% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$3,256,068

Up $194,324 (+6.3%) from 2016

Net Assets

Up

$2,411,639

Up $307,672 (+15%) from 2016

Liabilities

Down

$844,429

Down $113,348 (-12%) from 2016

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin58th percentile

Revenue

Up

$5,577,029

Up $429,248 (+8.3%) from 2016

Expenses

Down

$5,269,357

Down $268,430 (-4.8%) from 2016

Net Income

Up

$307,672

Up $697,678 (+179%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,552,896Liabilities 2011: $592,394Net Assets 2011: $3,960,5022011Assets 2012: $4,185,216Liabilities 2012: $609,514Net Assets 2012: $3,575,7022012Assets 2013: $4,182,685Liabilities 2013: $714,591Net Assets 2013: $3,468,0942013Assets 2014: $4,019,506Liabilities 2014: $780,456Net Assets 2014: $3,239,0502014Assets 2015: $3,485,323Liabilities 2015: $1,120,373Net Assets 2015: $2,364,9502015Assets 2016: $3,061,744Liabilities 2016: $957,777Net Assets 2016: $2,103,9672016Assets 2017: $3,256,068Liabilities 2017: $844,429Net Assets 2017: $2,411,6392017Assets 2018: $3,426,363Liabilities 2018: $801,813Net Assets 2018: $2,624,5502018Assets 2019: $3,308,787Liabilities 2019: $770,691Net Assets 2019: $2,538,0962019Assets 2020: $3,615,571Liabilities 2020: $818,716Net Assets 2020: $2,796,8552020Assets 2021: $3,430,334Liabilities 2021: $737,525Net Assets 2021: $2,692,8092021Assets 2022: $3,202,081Liabilities 2022: $730,125Net Assets 2022: $2,471,9562022Assets 2023: $3,733,811Liabilities 2023: $1,254,319Net Assets 2023: $2,479,4922023Assets 2024: $3,060,865Liabilities 2024: $1,091,777Net Assets 2024: $1,969,0882024

Highlighted filing

2017

Assets$3,256,068
Liabilities$844,429
Net Assets$2,411,639
Open 2017 Filing

Operations Trend

Revenue Growth59th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $6,590,822Expenses 2011: $6,572,499Net Income 2011: $18,3232011Revenue 2012: $5,975,032Expenses 2012: $6,233,304Net Income 2012: -$258,2722012Revenue 2013: $6,617,383Expenses 2013: $6,812,449Net Income 2013: -$195,0662013Revenue 2014: $6,692,537Expenses 2014: $6,976,370Net Income 2014: -$283,8332014Revenue 2015: $5,596,083Expenses 2015: $6,265,236Net Income 2015: -$669,1532015Revenue 2016: $5,147,781Expenses 2016: $5,537,787Net Income 2016: -$390,0062016Revenue 2017: $5,577,029Expenses 2017: $5,269,357Net Income 2017: $307,6722017Revenue 2018: $5,073,229Expenses 2018: $4,860,318Net Income 2018: $212,9112018Revenue 2019: $4,396,684Expenses 2019: $4,483,138Net Income 2019: -$86,4542019Revenue 2020: $4,841,846Expenses 2020: $4,583,087Net Income 2020: $258,7592020Revenue 2021: $4,257,997Expenses 2021: $4,362,043Net Income 2021: -$104,0462021Revenue 2022: $3,679,331Expenses 2022: $3,857,875Net Income 2022: -$178,5442022Revenue 2023: $4,064,600Expenses 2023: $4,057,064Net Income 2023: $7,5362023Revenue 2024: $3,486,944Expenses 2024: $3,997,348Net Income 2024: -$510,4042024

Highlighted filing

2017

Revenue$5,577,029
Expenses$5,269,357
Net Income$307,672
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 9, 2018
Return Version
2016v3.0
Gross Receipts
$5,577,029
Mission and Program Overview

Mission

Futuro Infantil Hispano is a non-profit Foster Family Agency devoted to providing quality care and we strongly believe in and support family reunification.

Futuro Infantil Hispano is a non-profit Foster Family Agency devoted to providing quality care and to improve the life of children that have been abused and abandoned. We strongly believe and support family reunification. All human beings have the potential to improve themselves when oppportunities are provided. Our mission is to help children overcome emotional traumas and prepare them for reunification. This mission can only be accomplished with the assistance of dedicated families like yours. We need you. We need families who are willing to open their hearts and homes to one of these children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,119,550$2,267,616▲ $148,066
Accounts Receivable$399,113$558,247▲ $159,134
Savings and Temporary Cash Investments$388,243$294,248▼ $93,995
Prepaid Expenses and Deferred Charges$147,120$122,952▼ $24,168
Land, Buildings, and Equipment, Net$7,273$12,560▲ $5,287
Total Assets$3,061,744$3,256,068▲ $194,324
Other Assets Total$445$445→ $0
Liabilities
Accounts Payable and Accrued Expenses$843,206$843,984▲ $778
Deferred Revenue$114,126$0▼ $114,126
Other Liabilities$445$445→ $0
Total Liabilities$957,777$844,429▼ $113,348
Net Assets / Fund Balance
Unrestricted Net Assets$2,103,967$2,411,639▲ $307,672
Total Net Assets Fund Balance$2,103,967$2,411,639▲ $307,672
Total Liabilities and Net Assets / Fund Balance$3,061,744$3,256,068▲ $194,324

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,560$225,297$237,857
Other Land Buildings$0$122,082$122,082
Leasehold Improvements$0$13,637$13,637
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Oma Velasco-RodriguezExec. Director/PresidentFT$215,884$12,947$228,831
C Lily OlanAdministratorFT$119,938$9,228$129,166
Jose E TejedaController/V.P.FT$105,891$13,862$119,753
Teri AmirkhanDeputy AdministratorFT$101,944$12,239$114,183

Board Members and Trustees

NameTitle
Cristina M Martinez-ThompsonBOD-Vice President
Grace Blanc MABOD-Secretary
Irmina JimenezBOD-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,440,754
Program Service Revenue
$0
Investment Income
$191
Other Revenue
$136,084
All Other Contributions
$4,407
Change in Net Assets
$307,672

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,577,029
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,577,029
Total Revenue per Form 990
$5,577,029
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,630,708
Salaries, Compensation, and Employee Benefits$1,845,341
Other Expenses$793,308
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,630,708--$2,630,708
Other Salaries and Wages$810,962$436,671-$1,247,633
Current Officers, Directors, Trustees, and Key Employees$222,437$119,774-$342,211
Occupancy$208,151$112,081-$320,232
Insurance$106,021$57,089-$163,110
Payroll Taxes$91,622$49,335-$140,957
Other Employee Benefits$74,451$40,089-$114,540
Fees for Services Other$95,167--$95,167
Office Expenses$45,943$24,739-$70,682
Other Expenses$38,963$36,000-$38,963
Travel$25,735--$25,735
Information Technology$17,453--$17,453
Fees for Services Accounting$10,843--$10,843
Fees for Services Legal$2,434--$2,434
Interest$97$53-$150
Total Functional Expenses$4,393,526$875,831$0$5,269,357

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,269,357
Total Expenses per Audited Statements$5,269,357
Total Expenses per Form 990$5,269,357
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board Vice PresidentBoard Vice President and Controller, Jose Tejada, is the owner of a company that provided cleaning services to the organization in the fiscal year.No$33,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarship funds held in trust liability$445
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
Yes
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 B, line 11B

“The Form 990 is prepared by Harrington Group. The draft is forwarded to Futuro Infantil Hispano for review by the governing body before it is signed and mailed.”

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

“The organization monitors and enforces compliance with the Conflict of Interest policy at the general staff meetings, with review of the policy and questions from the staff.”

Form 990, Part VI, Section B, line 15

“Given by Board of Directors with salary survey made and provided by Harrington Group and Salary compensation reports from Child Welfare League of America Salary Study (CWLA) and Center for Non-Profit Management Southern & Central California Compensation & Benefits Survey accompanied by yearly evaluation. The same process is applicable for any other officers or key employees.”

Form 990, Part VI, Section C, line 19

“The agency makes its governing documents, conflict of interest policy and financial statements available to the public, upon request of the public or agencies and it is posted on the website www.guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Futuro Infantil Hispano
EIN
95-4494661
Phone
6263391824
Address
2227 E Garvey Ave North PO Box 4724, West Covina, CA 91791

Signing Officer

Name
Jose Tejada
Title
Controller/V.P.
Phone
6263391824
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oma Velasco-Rodriguez
Formed
1994
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
30
Volunteers
5

Preparer

Firm
Harrington Group CPAs LLP
Address
234 East Colorado Blvd Suite M150, Pasadena, CA 91101
Preparer
Sean E Cain CPA
Phone
6264036801
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Futuro is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Futuro in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Futuro's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.”

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IRS990/MissionDesc0Futuro Infantil Hispano is a non-profit Foster Family Agency devoted to providing quality care and to improve the lives of children that have been abused and abandoned. We strongly believe and support family reunification. All human beings have the potential to improve themselves when opportunities are provided. Our mission is to help children overcome emotional traumas and prepare them for reunification. This mission can only be accomplished with the assistance of dedicated families like yours. We need you. We need families who are willing to open their hearts and homes to one of these children.
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IRS990/OtherExpensesGrp/TotalAmt138963
IRS990/OtherLiabilitiesGrp/BOYAmt0445
IRS990/OtherLiabilitiesGrp/EOYAmt0445
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/ExclusionAmt0136084
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0136084
IRS990/OtherRevenueTotalAmt0136084
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0436671
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0810962
IRS990/OtherSalariesAndWagesGrp/TotalAmt01247633
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt049335
IRS990/PayrollTaxesGrp/ProgramServicesAmt091622
IRS990/PayrollTaxesGrp/TotalAmt0140957
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0147120
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0122952
IRS990/PrincipalOfficerNm0Oma Velasco-Rodriguez
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05147526
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02648470
IRS990/PYInvestmentIncomeAmt0255
IRS990/PYOtherExpensesAmt0828432
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-390006
IRS990/PYSalariesCompEmpBnftPaidAmt02060885
IRS990/PYTotalExpensesAmt05537787
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05147781
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0307672
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0388243
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0294248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05440754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05147526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05595710
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06692110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06615516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt029491616
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0191
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0191
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0136084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0255
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0373
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0427
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01867
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0139006
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99530
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt029491616
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05440754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05147526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05595710
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06692110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06615516
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt029491616
IRS990ScheduleA/TotalSupportAmt029630813
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/BookValueAmt012560
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0225297
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0237857
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05269357
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013637
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013637
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0122082
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0122082
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0445
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Scholarship funds held in trust liability
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05577029
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Futuro is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Futuro in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Futuro's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012560
IRS990ScheduleD/TotalExpensesPerForm990Amt05269357
IRS990ScheduleD/TotalLiabilityAmt0445
IRS990ScheduleD/TotalRevenuePerForm990Amt05577029
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05577029
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05269357
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02597145
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Foster Parent Payments
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt033563
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0950
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1231
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The use and eligibility of grant funds is monitored by the Executive Director, CFO and Administrator. There is adequate segregation of duties in place. Payments are properly documented with supported signatures and backup. These documentations are issued by the Finance Department. In addition, a Certified Public Accountant is contracted each fiscal year to perform a full certified audit of Futuro Infantil Hispano.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0215884
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012947
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Oma Velasco-Rodriguez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Exec. Director/President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0228831
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Jose Tejada
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board Vice President
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt033000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Board Vice President and Controller, Jose Tejada, is the owner of a company that provided cleaning services to the organization in the fiscal year.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by Harrington Group. The draft is forwarded to Futuro Infantil Hispano for review by the governing body before it is signed and mailed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization monitors and enforces compliance with the Conflict of Interest policy at the general staff meetings, with review of the policy and questions from the staff.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Given by Board of Directors with salary survey made and provided by Harrington Group and Salary compensation reports from Child Welfare League of America Salary Study (CWLA) and Center for Non-Profit Management Southern & Central California Compensation & Benefits Survey accompanied by yearly evaluation. The same process is applicable for any other officers or key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The agency makes its governing documents, conflict of interest policy and financial statements available to the public, upon request of the public or agencies and it is posted on the website www.guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03061744
IRS990/TotalAssetsEOYAmt03256068
IRS990/TotalAssetsGrp/BOYAmt03061744
IRS990/TotalAssetsGrp/EOYAmt03256068
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt05440754
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0875831
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04393526
IRS990/TotalFunctionalExpensesGrp/TotalAmt05269357
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0957777
IRS990/TotalLiabilitiesEOYAmt0844429
IRS990/TotalLiabilitiesGrp/BOYAmt0957777
IRS990/TotalLiabilitiesGrp/EOYAmt0844429
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02103967
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02411639

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,256,068
Liabilities
$844,429
Net assets
$2,411,639
Revenue
$5,577,029
Expenses
$5,269,357
Net income
$307,672
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.06$1.09$1.97$3.49$4.00$0.51
2023Detailed filing. Detailed filing data is available for this year.$3.73$1.25$2.48$4.06$4.06$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.20$0.73$2.47$3.68$3.86$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$0.74$2.69$4.26$4.36$0.10
2020Detailed filing. Detailed filing data is available for this year.$3.62$0.82$2.80$4.84$4.58$0.26
2019Detailed filing. Detailed filing data is available for this year.$3.31$0.77$2.54$4.40$4.48$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.43$0.80$2.62$5.07$4.86$0.21
2017Detailed filing. Detailed filing data is available for this year.$3.26$0.84$2.41$5.58$5.27$0.31
2016Detailed filing. Detailed filing data is available for this year.$3.06$0.96$2.10$5.15$5.54$0.39
2015Detailed filing. Detailed filing data is available for this year.$3.49$1.12$2.36$5.60$6.27$0.67
2014Summary only. Only limited summary data is available for this year.$4.02$0.78$3.24$6.69$6.98$0.28
2013Summary only. Only limited summary data is available for this year.$4.18$0.71$3.47$6.62$6.81$0.20
2012Summary only. Only limited summary data is available for this year.$4.19$0.61$3.58$5.98$6.23$0.26
2011Summary only. Only limited summary data is available for this year.$4.55$0.59$3.96$6.59$6.57$0.02