Civic Intelligence

Futuro Infantil Hispano

990 • Fiscal year 2023 • EIN 95-4494661

Jul 01, 2022 to Jun 30, 2023 • Filed on May 06, 2024

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

77th percentile

0.34x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.31x

Higher debt load relative to revenue than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

40th percentile

0.2%

Higher net margin than 40% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

91st percentile

$214,015

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

73rd percentile

17%

Faster asset growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

10%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$3,733,811

Up $531,730 (+17%) from 2022

Net Assets

Up

$2,479,492

Up $7,536 (+0.3%) from 2022

Liabilities

Up

$1,254,319

Up $524,194 (+72%) from 2022

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin40th percentile

Revenue

Up

$4,064,600

Up $385,269 (+10%) from 2022

Expenses

Up

$4,057,064

Up $199,189 (+5.2%) from 2022

Net Income

Up

$7,536

Up $186,080 (+104%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth73rd 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

2023

Assets$3,733,811
Liabilities$1,254,319
Net Assets$2,479,492
Open 2023 Filing

Operations Trend

Revenue Growth56th 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

2023

Revenue$4,064,600
Expenses$4,057,064
Net Income$7,536
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 6, 2024
Return Version
2022v5.0
Gross Receipts
$4,064,600
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$2,548,134$2,287,738▼ $260,396
Accounts Receivable$225,270$303,942▲ $78,672
Savings and Temporary Cash Investments$295,802$296,110▲ $308
Prepaid Expenses and Deferred Charges$108,226$102,904▼ $5,322
Land, Buildings, and Equipment, Net$11,343$20,261▲ $8,918
Total Assets$3,202,081$3,733,811▲ $531,730
Other Assets Total$13,306$722,856▲ $709,550
Liabilities
Other Liabilities$0$721,111▲ $721,111
Accounts Payable and Accrued Expenses$730,125$533,208▼ $196,917
Total Liabilities$730,125$1,254,319▲ $524,194
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,471,956$2,479,492▲ $7,536
Total Net Assets Fund Balance$2,471,956$2,479,492▲ $7,536
Total Liabilities and Net Assets / Fund Balance$3,202,081$3,733,811▲ $531,730

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,261$316,797$337,058
Other Land Buildings$0$48,959$48,959
Leasehold Improvements$0$13,637$13,637
Other Assets Org$709,550--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jose E TejedaE.D. & PresidentFT$200,614$13,401$214,015
C Lily OlanAdministratorFT$131,294$13,249$144,543
Teri AmirkhanVP / Deputy AdministratorFT$130,971$9,028$139,999

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$4,064,292
Program Service Revenue
$0
Investment Income
$308
Other Revenue
$0
All Other Contributions
$1,094
Change in Net Assets
$7,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,064,600
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,064,600
Total Revenue per Form 990
$4,064,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,827,236
Salaries, Compensation, and Employee Benefits$1,520,271
Other Expenses$709,557
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,827,236--$1,827,236
Other Salaries and Wages$616,450$275,190-$891,640
Current Officers, Directors, Trustees, and Key Employees$234,153$126,083-$360,236
Occupancy$168,070$79,092-$247,162
Other Employee Benefits$116,208$53,697-$169,905
Insurance$94,099$44,282-$138,381
Payroll Taxes$66,973$31,517-$98,490
Fees for Services Other$67,488--$67,488
Office Expenses$39,991$18,819-$58,810
Fees for Services Accounting$41,400--$41,400
Information Technology$35,818--$35,818
Travel$19,730--$19,730
Depreciation Depletion$5,879$2,767-$8,646
Fees for Services Legal$4,049--$4,049
Other Expenses$1,264$736-$1,264
Total Functional Expenses$3,424,881$632,183$0$4,057,064

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,057,064
Total Expenses per Audited Statements$4,057,064
Total Expenses per Form 990$4,057,064
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right-of-use-liabilities-operating leases$721,111
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
2024-05-06
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
27
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/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03678866
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01706135
IRS990/PYInvestmentIncomeAmt0465
IRS990/PYOtherExpensesAmt0663575
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-178544
IRS990/PYSalariesCompEmpBnftPaidAmt01488165
IRS990/PYTotalExpensesAmt03857875
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03679331
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt07536
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0295802
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0296110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04064292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03678866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04257967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04770808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04296590
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021068523
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0308
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0465
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0177
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01121
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt070897
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt099917
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0170814
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99190
IRS990ScheduleA/PublicSupportPY170Pct00.98330
IRS990ScheduleA/PublicSupportTotal170Amt021068523
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04064292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03678866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04257967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04770808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04296590
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021068523
IRS990ScheduleA/TotalSupportAmt021240458
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/BookValueAmt020261
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0316797
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0337058
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04057064
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013637
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt013637
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt013306
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1709550
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Right-of-use-assets- operating leases
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048959
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt048959
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0721111
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Right-of-use-liabilities-operating leases
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04064600
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/TotalBookValueLandBuildingsAmt020261
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0722856
IRS990ScheduleD/TotalExpensesPerForm990Amt04057064
IRS990ScheduleD/TotalLiabilityAmt0721111
IRS990ScheduleD/TotalRevenuePerForm990Amt04064600
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04064600
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04057064
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01815131
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Foster Parent Payments
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt012105
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Clothing
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0628
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt180
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/BaseCompensationFilingOrgAmt0200614
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013401
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Jose E Tejeda
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0E.D. & President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0214015
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/TotalAssetsBOYAmt03202081
IRS990/TotalAssetsEOYAmt03733811
IRS990/TotalAssetsGrp/BOYAmt03202081
IRS990/TotalAssetsGrp/EOYAmt03733811
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt04064292
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0632183
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03424881
IRS990/TotalFunctionalExpensesGrp/TotalAmt04057064
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0730125
IRS990/TotalLiabilitiesEOYAmt01254319
IRS990/TotalLiabilitiesGrp/BOYAmt0730125
IRS990/TotalLiabilitiesGrp/EOYAmt01254319
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02471956
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02479492
IRS990/TotalOtherCompensationAmt035678
IRS990/TotalProgramServiceExpensesAmt03424881
IRS990/TotalReportableCompFromOrgAmt0462879
IRS990/TotalRevenueGrp/ExclusionAmt0308
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,733,811
Liabilities
$1,254,319
Net assets
$2,479,492
Revenue
$4,064,600
Expenses
$4,057,064
Net income
$7,536
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