Civic Intelligence

Futuro Infantil Hispano

990 • Fiscal year 2019 • EIN 95-4494661

Jul 01, 2018 to Jun 30, 2019 • Filed on May 04, 2020

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

68th percentile

0.23x

Higher debt load relative to assets than 68% of similar nonprofits.

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

Liabilities / Revenue

63rd percentile

0.18x

Higher debt load relative to revenue than 63% of similar nonprofits.

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

Net Margin

33rd percentile

-2.0%

Higher net margin than 33% of similar nonprofits.

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

Top Officer Pay

91st percentile

$224,406

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

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

Asset Growth

24th percentile

-3.4%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$3,308,787

Down $117,576 (-3.4%) from 2018

Net Assets

Down

$2,538,096

Down $86,454 (-3.3%) from 2018

Liabilities

Down

$770,691

Down $31,122 (-3.9%) from 2018

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin33rd percentile

Revenue

Down

$4,396,684

Down $676,545 (-13%) from 2018

Expenses

Down

$4,483,138

Down $377,180 (-7.8%) from 2018

Net Income

Down

-$86,454

Down $299,365 (-141%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th 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

2019

Assets$3,308,787
Liabilities$770,691
Net Assets$2,538,096
Open 2019 Filing

Operations Trend

Revenue Growth19th 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

2019

Revenue$4,396,684
Expenses$4,483,138
Net Income-$86,454
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 4, 2020
Return Version
2018v3.1
Gross Receipts
$4,396,684
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 we strongly believe and support family reunification.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,525,944$2,480,207▼ $45,737
Accounts Receivable$460,547$420,382▼ $40,165
Savings and Temporary Cash Investments$294,425$294,602▲ $177
Prepaid Expenses and Deferred Charges$119,661$91,990▼ $27,671
Land, Buildings, and Equipment, Net$12,480$8,300▼ $4,180
Total Assets$3,426,363$3,308,787▼ $117,576
Other Assets Total$13,306$13,306→ $0
Liabilities
Accounts Payable and Accrued Expenses$801,813$770,691▼ $31,122
Total Liabilities$801,813$770,691▼ $31,122
Net Assets / Fund Balance
Unrestricted Net Assets$2,624,550$2,538,096▼ $86,454
Total Net Assets Fund Balance$2,624,550$2,538,096▼ $86,454
Total Liabilities and Net Assets / Fund Balance$3,426,363$3,308,787▼ $117,576

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,300$307,127$315,427
Other Land Buildings$0$51,125$51,125
Leasehold Improvements$0$13,637$13,637
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Oma Velasco-RodriguezExec. Director/PresidentFT$211,908$12,498$224,406
C Lily OlanAdministratorFT$125,000$10,752$135,752
Jose E TejedaV.P./ControllerFT$112,559$12,852$125,411
Teri AmirkhanDeputy AdministratorFT$100,122$16,164$116,286

Board Members and Trustees

NameTitle
Cristina M Martinez-ThompsonVice President
Grace Blanc MASecretary
Irmina JimenezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,296,590
Program Service Revenue
$0
Investment Income
$177
Other Revenue
$99,917
All Other Contributions
$2,700
Change in Net Assets
$-86,454

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,396,684
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,396,684
Total Revenue per Form 990
$4,396,684
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,985,837
Salaries, Compensation, and Employee Benefits$1,698,669
Other Expenses$798,632
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,985,837--$1,985,837
Other Salaries and Wages$689,240$371,129-$1,060,369
Current Officers, Directors, Trustees, and Key Employees$224,418$120,840-$345,258
Occupancy$185,182$99,714-$284,896
Other Employee Benefits$121,385$65,361-$186,746
Insurance$114,250$61,519-$175,769
Payroll Taxes$69,092$37,204-$106,296
Fees for Services Other$102,272--$102,272
Office Expenses$55,527$24,252-$79,779
Travel$30,844--$30,844
Information Technology$25,020--$25,020
Fees for Services Accounting$7,680--$7,680
Depreciation Depletion$2,717$1,463-$4,180
Advertising$2,821--$2,821
Other Expenses$1,419$764-$2,183
Total Functional Expenses$3,700,892$782,246$0$4,483,138

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,483,138
Total Expenses per Audited Statements$4,483,138
Total Expenses per Form 990$4,483,138
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
-Vice President of the BoardBoard Vice President and Controller, Jose Tejada, is the owner of a company that provided cleaning services to the organization in the fiscal year.No$38,010
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 filed with the IRS.”

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
Oma Velasco-Rodriguez
Title
Executive Director
Phone
6263391824
Signed
2020-05-04
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
31
Volunteers
3

Preparer

Firm
Harrington Group CPAs LLP
Address
234 East Colorado Blvd Suite M150, Pasadena, CA 91101
Preparer
Carlos A Davis 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/OtherSalariesAndWagesGrp/ProgramServicesAmt0689240
IRS990/OtherSalariesAndWagesGrp/TotalAmt01060369
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt037204
IRS990/PayrollTaxesGrp/ProgramServicesAmt069092
IRS990/PayrollTaxesGrp/TotalAmt0106296
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0119661
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt091990
IRS990/PrincipalOfficerNm0Oma Velasco-Rodriguez
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04874199
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02209759
IRS990/PYInvestmentIncomeAmt0177
IRS990/PYOtherExpensesAmt0776579
IRS990/PYOtherRevenueAmt0198853
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0212911
IRS990/PYSalariesCompEmpBnftPaidAmt01873980
IRS990/PYTotalExpensesAmt04860318
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05073229
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-86454
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0294425
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0294602
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04296590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04874199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05440754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05147526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05595710
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025354779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0545
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt099917
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0198853
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0136084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0255
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0373
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0435482
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98310
IRS990ScheduleA/PublicSupportPY170Pct00.98800
IRS990ScheduleA/PublicSupportTotal170Amt025354779
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04296590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04874199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05440754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05147526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05595710
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025354779
IRS990ScheduleA/TotalSupportAmt025790806
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/BookValueAmt08300
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0307127
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0315427
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04483138
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013637
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013637
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt051125
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051125
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04396684
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/TotalBookValueLandBuildingsAmt08300
IRS990ScheduleD/TotalExpensesPerForm990Amt04483138
IRS990ScheduleD/TotalRevenuePerForm990Amt04396684
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04396684
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04483138
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01962986
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Foster Parent Payments
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt022851
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/BaseCompensationFilingOrgAmt0211908
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012498
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Oma Velasco-Rodriguez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Exec. Director/President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0224406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Jose Tejada
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Vice President of the Board
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt038010
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 filed with the IRS.
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03426363
IRS990/TotalAssetsEOYAmt03308787
IRS990/TotalAssetsGrp/BOYAmt03426363
IRS990/TotalAssetsGrp/EOYAmt03308787
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt04296590
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0782246
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03700892
IRS990/TotalFunctionalExpensesGrp/TotalAmt04483138
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0801813
IRS990/TotalLiabilitiesEOYAmt0770691
IRS990/TotalLiabilitiesGrp/BOYAmt0801813

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
$3,308,787
Liabilities
$770,691
Net assets
$2,538,096
Revenue
$4,396,684
Expenses
$4,483,138
Net income
-$86,454
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