Civic Intelligence

Futuro Infantil Hispano

990 • Fiscal year 2020 • EIN 95-4494661

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 05, 2021

Organization Profilewww.futuroinfantil.org

View Organization Page

2227 E Garvey Ave N PO Box 47West Covina, CA 91791

(626) 339-1824

Siviq Scores

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

Liabilities / Assets

65th percentile

0.23x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

55th percentile

0.17x

Higher debt load relative to revenue than 55% of similar nonprofits.

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

Net Margin

50th percentile

5.3%

Higher net margin than 50% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$229,048

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

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

Asset Growth

57th percentile

9.3%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

66th percentile

10%

Faster revenue growth than 66% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$3,615,571

Up $306,784 (+9.3%) from 2019

Net Assets

Up

$2,796,855

Up $258,759 (+10%) from 2019

Liabilities

Up

$818,716

Up $48,025 (+6.2%) from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin50th percentile

Revenue

Up

$4,841,846

Up $445,162 (+10%) from 2019

Expenses

Up

$4,583,087

Up $99,949 (+2.2%) from 2019

Net Income

Up

$258,759

Up $345,213 (+399%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth57th 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

2020

Assets$3,615,571
Liabilities$818,716
Net Assets$2,796,855
Open 2020 Filing

Operations Trend

Revenue Growth66th 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

2020

Revenue$4,841,846
Expenses$4,583,087
Net Income$258,759
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 5, 2021
Return Version
2019v5.2
Gross Receipts
$4,841,846
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,480,207$2,727,198▲ $246,991
Accounts Receivable$420,382$463,238▲ $42,856
Savings and Temporary Cash Investments$294,602$295,743▲ $1,141
Prepaid Expenses and Deferred Charges$91,990$111,966▲ $19,976
Land, Buildings, and Equipment, Net$8,300$4,120▼ $4,180
Total Assets$3,308,787$3,615,571▲ $306,784
Other Assets Total$13,306$13,306→ $0
Liabilities
Accounts Payable and Accrued Expenses$770,691$818,716▲ $48,025
Total Liabilities$770,691$818,716▲ $48,025
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,538,096$2,693,551▲ $155,455
Net Assets With Donor Restrictions$0$103,304▲ $103,304
Total Net Assets Fund Balance$2,538,096$2,796,855▲ $258,759
Total Liabilities and Net Assets / Fund Balance$3,308,787$3,615,571▲ $306,784

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,120$311,307$315,427
Other Land Buildings$0$51,125$51,125
Leasehold Improvements$0$13,637$13,637
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Oma Velasco-RodriguezExec. Director/PresidentFT$216,206$12,842$229,048
C Lily OlanAdministratorFT$124,900$10,983$135,883
Jose E TejedaV.P./ControllerFT$114,750$14,221$128,971
Teri AmirkhanDeputy AdministratorFT$106,229$11,659$117,888

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$4,770,808
Program Service Revenue
$0
Investment Income
$141
Other Revenue
$70,897
All Other Contributions
$3,005
Change in Net Assets
$258,759

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,841,846
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,841,846
Total Revenue per Form 990
$4,841,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,133,336
Salaries, Compensation, and Employee Benefits$1,656,929
Other Expenses$792,822
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,133,336--$2,133,336
Other Salaries and Wages$669,675$360,593-$1,030,268
Current Officers, Directors, Trustees, and Key Employees$225,525$121,437-$346,962
Occupancy$221,606$119,327-$340,933
Other Employee Benefits$114,163$61,473-$175,636
Insurance$93,151$50,159-$143,310
Payroll Taxes$67,641$36,422-$104,063
Fees for Services Other$94,597--$94,597
Office Expenses$38,316$20,631-$58,947
Travel$22,437--$22,437
Information Technology$20,850--$20,850
Fees for Services Accounting$10,000--$10,000
Depreciation Depletion$2,717$1,463-$4,180
Advertising$3,955--$3,955
Other Expenses$1,788$963-$2,751
Total Functional Expenses$3,810,619$772,468$0$4,583,087

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,583,087
Total Expenses per Audited Statements$4,583,087
Total Expenses per Form 990$4,583,087
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
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 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 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 N PO Box 47, West Covina, CA 91791

Signing Officer

Name
Jose Tejeda
Title
Executive Director
Phone
6263391824
Signed
2021-04-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose Tejeda
Formed
1994
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
23
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.”

Raw XML AppendixShowing 400 of 455 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0770691
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0818716
IRS990/AccountsReceivableGrp/BOYAmt0420382
IRS990/AccountsReceivableGrp/EOYAmt0463238
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Futuro Infantil Hispano is a non-profit Foster Family Agency devoted to providing quality care and we strongly believe in and support family reunification.
IRS990/AdvertisingGrp/ProgramServicesAmt03955
IRS990/AdvertisingGrp/TotalAmt03955
IRS990/AllOtherContributionsAmt03005
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TK Associates
IRS990/BooksInCareOfDetail/PhoneNum08189818989
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt013400 Riverside Drive Suite 105
IRS990/BooksInCareOfDetail/USAddress/CityNm0Sherman Oaks
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd091423
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02480207
IRS990/CashNonInterestBearingGrp/EOYAmt02727198
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0121437
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0225525
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0346962
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04770808
IRS990/CYGrantsAndSimilarPaidAmt02133336
IRS990/CYInvestmentIncomeAmt0141
IRS990/CYOtherExpensesAmt0792822
IRS990/CYOtherRevenueAmt070897
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0258759
IRS990/CYSalariesCompEmpBnftPaidAmt01656929
IRS990/CYTotalExpensesAmt04583087
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04841846
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01463
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02717
IRS990/DepreciationDepletionGrp/TotalAmt04180
IRS990/Desc0Futuro 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. Futuro Infantil has served a total of 374 foster children and 79 resource parents.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0103304
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt023
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03810619
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt094597
IRS990/FeesForServicesOtherGrp/TotalAmt094597
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt012842
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt114221
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt510983
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt611659
IRS990/Form990PartVIISectionAGrp/PersonNm0Oma Velasco-Rodriguez
IRS990/Form990PartVIISectionAGrp/PersonNm1Jose E Tejeda
IRS990/Form990PartVIISectionAGrp/PersonNm2Irmina Jimenez
IRS990/Form990PartVIISectionAGrp/PersonNm3Grace Blanc MA
IRS990/Form990PartVIISectionAGrp/PersonNm4Cristina M Martinez-Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm5C Lily Olan
IRS990/Form990PartVIISectionAGrp/PersonNm6Teri Amirkhan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0216206
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1114750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5124900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6106229
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Exec. Director/President
IRS990/Form990PartVIISectionAGrp/TitleTxt1V.P./Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Administrator
IRS990/Form990PartVIISectionAGrp/TitleTxt6Deputy Administrator
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt04767803
IRS990/GrantAmt02133336
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02133336
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02133336
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04841846
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt020850
IRS990/InformationTechnologyGrp/TotalAmt020850
IRS990/InsuranceGrp/ManagementAndGeneralAmt050159
IRS990/InsuranceGrp/ProgramServicesAmt093151
IRS990/InsuranceGrp/TotalAmt0143310
IRS990/InvestmentIncomeGrp/ExclusionAmt0141
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0141
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0376069
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08300
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04120
IRS990/LandBldgEquipCostOrOtherBssAmt0380189
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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 in 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02538096
IRS990/NetAssetsOrFundBalancesEOYAmt02796855
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02538096
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02693551
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0119327
IRS990/OccupancyGrp/ProgramServicesAmt0221606
IRS990/OccupancyGrp/TotalAmt0340933
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020631
IRS990/OfficeExpensesGrp/ProgramServicesAmt038316
IRS990/OfficeExpensesGrp/TotalAmt058947
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013306
IRS990/OtherAssetsTotalGrp/EOYAmt013306
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt061473
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114163
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0175636
IRS990/OtherExpensesGrp/Desc0Repair & maintenance
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Activities & training
IRS990/OtherExpensesGrp/Desc3Equipment rental
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0963
IRS990/OtherExpensesGrp/ProgramServicesAmt050496
IRS990/OtherExpensesGrp/ProgramServicesAmt124008
IRS990/OtherExpensesGrp/ProgramServicesAmt216358
IRS990/OtherExpensesGrp/ProgramServicesAmt31788
IRS990/OtherExpensesGrp/TotalAmt050496
IRS990/OtherExpensesGrp/TotalAmt124008
IRS990/OtherExpensesGrp/TotalAmt216358
IRS990/OtherExpensesGrp/TotalAmt32751
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/ExclusionAmt070897
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt070897
IRS990/OtherRevenueTotalAmt070897
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0360593
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0669675
IRS990/OtherSalariesAndWagesGrp/TotalAmt01030268
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt036422
IRS990/PayrollTaxesGrp/ProgramServicesAmt067641
IRS990/PayrollTaxesGrp/TotalAmt0104063
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt091990
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0111966
IRS990/PrincipalOfficerNm0Jose Tejeda
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04296590
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01985837
IRS990/PYInvestmentIncomeAmt0177
IRS990/PYOtherExpensesAmt0798632
IRS990/PYOtherRevenueAmt099917
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-86454
IRS990/PYSalariesCompEmpBnftPaidAmt01698669
IRS990/PYTotalExpensesAmt04483138
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04396684
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0258759
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0294602
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0295743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04770808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04296590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04874199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05440754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05147526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt024529877
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0686
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt070897
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt099917
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0198853
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0136084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0255
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0506006
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97980
IRS990ScheduleA/PublicSupportPY170Pct00.98310
IRS990ScheduleA/PublicSupportTotal170Amt024529877
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04770808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04296590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04874199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05440754
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05147526
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt024529877
IRS990ScheduleA/TotalSupportAmt025036569
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/BookValueAmt04120
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0311307
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0315427
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04583087
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/RevenueSubtotalAmt04841846
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/TotalBookValueLandBuildingsAmt04120
IRS990ScheduleD/TotalExpensesPerForm990Amt04583087
IRS990ScheduleD/TotalRevenuePerForm990Amt04841846
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04841846
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04583087
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02111974
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Foster Parent Payments
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt021362
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0723
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1114
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/BaseCompensationFilingOrgAmt0216206
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012842
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Oma Velasco-Rodriguez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Exec. Director/President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0229048
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03308787
IRS990/TotalAssetsEOYAmt03615571
IRS990/TotalAssetsGrp/BOYAmt03308787
IRS990/TotalAssetsGrp/EOYAmt03615571
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt04770808
IRS990/TotalEmployeeCnt023
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0772468
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03810619
IRS990/TotalFunctionalExpensesGrp/TotalAmt04583087
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0770691
IRS990/TotalLiabilitiesEOYAmt0818716
IRS990/TotalLiabilitiesGrp/BOYAmt0770691

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$3,615,571
Liabilities
$818,716
Net assets
$2,796,855
Revenue
$4,841,846
Expenses
$4,583,087
Net income
$258,759
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