2024-04-25T09:13:46-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2022-07-01 810731066 FUTURO ACADEMY INCORPORATED FUTU 7023315515 920 N LAMB BOULEVARD LAS VEGAS NV 89110 IGNACIO PRADO EXECUTIVE DIRECTOR 7023315515 2024-04-24 1 IGNACIO PRADO 999009999 0 DERRICK DEBRUYNE P00591016 6268577300 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z IGNACIO PRADO 920 N LAMB BOULEVARD LAS VEGAS NV 89110 5360916 0 X HTTP://FUTUROACADEMYLV.ORG/ X 2015 NV TO EDUCATE ALL SCHOLARS TO EXCEL THROUGH GRADE SCHOOL, AND INTO THE UNIVERSITY OF THEIR CHOICE. 7 7 51 7 0 0 5407990 5306085 0 0 2 0 7463 54831 5415455 5360916 0 0 0 0 2800497 3684313 0 0 0 2608346 2568632 5408843 6252945 6612 -892029 10578691 10684774 10355075 11353187 223616 -668413 THROUGH RIGOROUS ACADEMICS AND PERSONAL EXCELLENCE, FUTURO ACADEMY EDUCATES ALL K-8 SCHOLARS TO EXCEL THROUGH MIDDLE SCHOOL INTO HIGH SCHOOL, AND TO THE UNIVERSITY OF THEIR CHOICE. 0 0 5150478 47401 THE ORGANIZATION PROVIDED EDUCATION TO APPROXIMATELY 460 STUDENTS IN KINDERGARTEN THROUGH FOURTH GRADE. 5150478 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 51 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X KRISTIN DIETZ - EDTEC 2132926620 1410 62ND STREET STE A EMERYVILLE CA 94608 CHELSEA PRADO TEACHER REPRESENTATIVE 40.00 X 59998 0 8234 JOHN PICTUM PRESIDENT 2.00 X X 0 0 0 ELA MARIA GARCIA SECRETARY 2.00 X X 0 0 0 JENNIFER ROBERTS TREASURER 2.00 X X 0 0 0 DAVID DZARNOSKI TRUSTEE 2.00 X 0 0 0 RICHARD MANHATTAN TRUSTEE 2.00 X 0 0 0 ERIK SIMPKINS TRUSTEE 2.00 X 0 0 0 IGNACIO PRADO EXECUTIVE DIRECTOR 40.00 X 120414 0 54701 CINDI RIVERA ASSOCIATE EXECUTIVE DIRECTOR 40.00 X 114463 0 19556 294875 0 82491 2 0 1 0 0 5199717 106368 5306085 7430 0 7430 7430 OTHER 900099 47401 47401 47401 5360916 47401 0 7430 254211 254211 2010064 1910241 99823 1099499 1080679 18820 320539 303142 17397 438877 400224 38653 7467 7467 127871 107059 20812 264492 262798 1694 320116 256093 64023 309364 272855 36509 636590 636590 41162 41162 FOOD 193681 192925 756 OTHER EXPENSES 158032 88588 69444 BUSINESS SERIVCE FEES 70980 14196 56784 6252945 5150478 1102467 0 557848 870369 14063 0 954079 634395 15729 30650 6761190 1100940 6296841 5660250 2740131 3489110 10578691 10684774 287082 155658 35000 120522 6309841 5828010 3723152 5248997 10355075 11353187 X 190840 -743815 32776 75402 223616 -668413 10578691 10684774 -892029 0 X X 0 1 X 1 1 1 X 31221 19829 11392 104740 45919 58821 6625229 1035192 5590037 5660250 DEFERRED OUTFLOWS - PENSIONS 3489110 3489110 LINE OF CREDIT 376625 NET PENSION LIABILITY 4868894 DEFERRED INFLOWS OF PENSION 3478 5248997 X 5360916 0 5360916 0 5360916 6252945 0 6252945 0 6252945 PART X, LINE 2: THE SCHOOL IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND COMPARABLE SECTIONS OF THE NEVADA INCOME TAX STATUSES. 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 STATUTORY RULES OF NOTICE DUE TO APPLICATION WINDOW IN NEVADA PROVIDES FOR THESE NOTICES, AND ENROLLMENT MATERIALS ARE REVIEWED BY CHARTER AUTHORIZER PRIOR TO RELEASE TO GENERAL PUBLIC. SCHEDULE E, PART I, LINE 4 FUTURO ACADEMY IS A NON-PROFIT PUBLIC CHARTER SCHOOL AND DOES NOT CHARGE TUITION OR FEES, AND AS SUCH HAS NO SCHOLARHIP PROGRAMS OR FINANCIAL ASSISTANCE PROGRAMS FOR WHICH TO MAINTAIN RECORDS OF. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, THE ORGANIZATION RECEIVES STATE AND FEDERAL FUNDING. 0 0 0 0 0 0 0 0 0 IGNACIO PRADO EXECUTIVE DIRECTOR 120414 0 0 0 0 0 35778 0 18923 0 175115 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINE BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILIABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS FROM THE PREVIOUS YEAR.