Civic Intelligence

Futuro Infantil Hispano

990 • Fiscal year 2021 • EIN 95-4494661

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 10, 2022

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

69th percentile

0.22x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

22nd percentile

-2.4%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$229,438

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

13th percentile

-5.1%

Faster asset growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

19th percentile

-12%

Faster revenue growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$3,430,334

Down $185,237 (-5.1%) from 2020

Net Assets

Down

$2,692,809

Down $104,046 (-3.7%) from 2020

Liabilities

Down

$737,525

Down $81,191 (-9.9%) from 2020

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin22nd percentile

Revenue

Down

$4,257,997

Down $583,849 (-12%) from 2020

Expenses

Down

$4,362,043

Down $221,044 (-4.8%) from 2020

Net Income

Down

-$104,046

Down $362,805 (-140%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2021

Assets$3,430,334
Liabilities$737,525
Net Assets$2,692,809
Open 2021 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

2021

Revenue$4,257,997
Expenses$4,362,043
Net Income-$104,046
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 10, 2022
Return Version
2020v4.2
Gross Receipts
$4,257,997
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$2,727,198$2,613,172▼ $114,026
Accounts Receivable$463,238$396,874▼ $66,364
Savings and Temporary Cash Investments$295,743$295,772▲ $29
Prepaid Expenses and Deferred Charges$111,966$109,256▼ $2,710
Land, Buildings, and Equipment, Net$4,120$1,954▼ $2,166
Total Assets$3,615,571$3,430,334▼ $185,237
Other Assets Total$13,306$13,306→ $0
Liabilities
Accounts Payable and Accrued Expenses$818,716$737,525▼ $81,191
Total Liabilities$818,716$737,525▼ $81,191
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,693,551$2,650,144▼ $43,407
Net Assets With Donor Restrictions$103,304$42,665▼ $60,639
Total Net Assets Fund Balance$2,796,855$2,692,809▼ $104,046
Total Liabilities and Net Assets / Fund Balance$3,615,571$3,430,334▼ $185,237

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,954$313,473$315,427
Other Land Buildings$0$48,959$48,959
Leasehold Improvements$0$13,637$13,637
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Oma Velasco-RodriguezExec. Director & Pres.(End 2/21)FT$215,906$13,532$229,438
C Lily OlanAdministratorFT$121,561$11,821$133,382
Jose E TejedaE.D. & Pres.(Start 2/21)/V.P. & Cont.FT$109,805$14,347$124,152
Teri AmirkhanDeputy AdministratorFT$112,115$7,991$120,106

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$4,257,967
Program Service Revenue
$0
Investment Income
$30
Other Revenue
$0
All Other Contributions
$3,771
Change in Net Assets
$-104,046

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,257,997
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,257,997
Total Revenue per Form 990
$4,257,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,958,653
Salaries, Compensation, and Employee Benefits$1,589,922
Other Expenses$813,468
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,958,653--$1,958,653
Other Salaries and Wages$702,866$378,467-$1,081,333
Occupancy$208,872$112,470-$321,342
Current Officers, Directors, Trustees, and Key Employees$171,423$92,304-$263,727
Insurance$121,363$65,349-$186,712
Other Employee Benefits$98,971$53,291-$152,262
Payroll Taxes$60,190$32,410-$92,600
Fees for Services Other$85,930--$85,930
Office Expenses$40,239$19,380-$59,619
Information Technology$22,819--$22,819
Travel$14,794--$14,794
Fees for Services Accounting$6,600--$6,600
Depreciation Depletion$1,730$931-$2,661
Other Expenses$1,208$1,003-$1,208
Total Functional Expenses$3,606,438$755,605$0$4,362,043

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,362,043
Total Expenses per Audited Statements$4,362,043
Total Expenses per Form 990$4,362,043
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 E Tejeda
Title
Executive Director
Phone
6263391824
Signed
2022-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose E Tejeda
Formed
1994
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
25
Volunteers
3

Preparer

Firm
Harrington Group CPAs LLP
Address
2698 Mataro Street, Pasadena, CA 91107
Preparer
Oswaldo D Torres 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 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.
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IRS990/PayrollTaxesGrp/ProgramServicesAmt060190
IRS990/PayrollTaxesGrp/TotalAmt092600
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0111966
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0109256
IRS990/PrincipalOfficerNm0Jose E Tejeda
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04770808
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02133336
IRS990/PYInvestmentIncomeAmt0141
IRS990/PYOtherExpensesAmt0792822
IRS990/PYOtherRevenueAmt070897
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0258759
IRS990/PYSalariesCompEmpBnftPaidAmt01656929
IRS990/PYTotalExpensesAmt04583087
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04841846
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-104046
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0295743
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0295772
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04257967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04770808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04296590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04874199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05440754
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023640318
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0716
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt070897
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt099917
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0198853
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0136084
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0505751
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97900
IRS990ScheduleA/PublicSupportPY170Pct00.97980
IRS990ScheduleA/PublicSupportTotal170Amt023640318
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04257967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04770808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04296590
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04874199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05440754
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023640318
IRS990ScheduleA/TotalSupportAmt024146785
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/BookValueAmt01954
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0313473
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0315427
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04362043
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013637
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013637
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048959
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt048959
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04257997
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/TotalBookValueLandBuildingsAmt01954
IRS990ScheduleD/TotalExpensesPerForm990Amt04362043
IRS990ScheduleD/TotalRevenuePerForm990Amt04257997
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04257997
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04362043
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01935404
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Foster Parent Payments
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt023249
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0692
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt1136
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/BaseCompensationFilingOrgAmt0215906
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013532
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Oma Velasco-Rodriguez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Exec. Dir. & Pres.(End 2/21)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0229438
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/TotalAssetsBOYAmt03615571
IRS990/TotalAssetsEOYAmt03430334
IRS990/TotalAssetsGrp/BOYAmt03615571
IRS990/TotalAssetsGrp/EOYAmt03430334
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt04257967
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0755605
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03606438
IRS990/TotalFunctionalExpensesGrp/TotalAmt04362043
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0818716
IRS990/TotalLiabilitiesEOYAmt0737525
IRS990/TotalLiabilitiesGrp/BOYAmt0818716
IRS990/TotalLiabilitiesGrp/EOYAmt0737525
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02796855
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02692809
IRS990/TotalOtherCompensationAmt047691
IRS990/TotalProgramServiceExpensesAmt03606438
IRS990/TotalReportableCompFromOrgAmt0559387
IRS990/TotalRevenueGrp/ExclusionAmt030
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

Document Assets

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,430,334
Liabilities
$737,525
Net assets
$2,692,809
Revenue
$4,257,997
Expenses
$4,362,043
Net income
-$104,046
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