Nonprofit · EIN 81-0731066
FUTURO ACADEMY INCORPORATED
Tax-exempt · LAS VEGAS, NV 89110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,118,071 | $7,942,938 | -$824,867 | $16,171,630 | $18,246,312 | -$2,074,682 |
| June 30, 2024 | 990 | $6,889,569 | $7,470,971 | -$581,402 | $9,924,340 | $11,174,155 | -$1,249,815 |
| June 30, 2023 | 990 | $5,360,916 | $6,252,945 | -$892,029 | $10,684,774 | $11,353,187 | -$668,413 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,767,060
- of which government grants
- $6,720,002
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $351,011
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $194,031
- Other salaries and wages
- $2,646,324
- Salaries, compensation and benefits (total)
- $4,580,883
- Professional fundraising fees
- $0
- Accounting fees
- $76,800
- Occupancy
- $424,331
- Travel
- $170,115
- Depreciation
- $251,146
- Program services (functional)
- $5,544,792
- Management and general (functional)
- $2,398,146
Balance sheet and other
- Total assets, start of year
- $9,924,340
- Total assets, end of year
- $16,171,630
- Total liabilities, end of year
- $18,246,312
- Net assets, end of year
- -$2,074,682
- Land, buildings and equipment
- $10,858,574
- Net assets without donor restrictions
- -$2,174,095
- Net assets with donor restrictions
- $99,413
- Gross receipts
- $7,118,071
- Employees
- 55
- Volunteers
- 20
- Year formed
- 2015
- State of legal domicile
- NV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ignacio Prado | Executive Director Officer | 40 | $141,270 | $52,761 |
| Cindi Rivera | Associate Executive Director Highest-paid employee | 40 | $145,009 | $48,578 |
| Anastasia Webb | Non-Voting TrusteeTeacher Rep Trustee or director | 40 | $65,411 | $21,913 |
| Khanh Andersen | Trustee Trustee or director | 0.5 | $0 | $0 |
| Julio Meza | Trustee Trustee or director | 0.5 | $0 | $0 |
| Eric Simpkins | Trustee Trustee or director | 0.5 | $0 | $0 |
| Jennifer Roberts | President Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Ela Maria Garcia | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| IGNACIO PRADO | EXECUTIVE DIRECTOR Officer | 40 | $140,022 | $61,079 |
| CINDI RIVERA | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 40 | $138,577 | $33,566 |
| JOHN PICTUM | PRESIDENT (THRU 7/23) Trustee or director, Officer | 2 | $0 | $0 |
| JENNIFER ROBERTS | PRESIDENT, TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ELA MARIA GARCIA | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KHANH ANDERSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID DZARNOSKI | TRUSTEE (THRU 12/23) Trustee or director | 2 | $0 | $0 |
| RICHARD MANHATTAN | TRUSTEE (THRU 12/23) Trustee or director | 2 | $0 | $0 |
| JULIO MEZA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIK SIMPKINS | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| IGNACIO PRADO | EXECUTIVE DIRECTOR Officer | 40 | $120,414 | $54,701 |
| CINDI RIVERA | ASSOCIATE EXECUTIVE DIRECTOR Highest-paid employee | 40 | $114,463 | $19,556 |
| CHELSEA PRADO | TEACHER REPRESENTATIVE Trustee or director | 40 | $59,998 | $8,234 |
| JOHN PICTUM | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ELA MARIA GARCIA | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JENNIFER ROBERTS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DAVID DZARNOSKI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RICHARD MANHATTAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIK SIMPKINS | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 920 N LAMB BLVD, LAS VEGAS, NV 89110-5421
- In care of
- % IGNACIO PRADO
- Mailing address (990-N for 2015)
- PO Box 33007, Las Vegas NV 89133
- Principal officer (990-N for 2015)
- Ignacio Prado, PO Box 33007, Las Vegas NV 89133
- Signed the 990
- IGNACIO PRADO, Executive Director
- Phone
- (702) 331-5515
- Website
- www.futuroacademy.org
- Return prepared by
- Velez & Hardy CPAs
Mission
Through rigorous academics and personal excellence, Futuro Academy educates all K-5 scholars to excel through middle school into high school, and to the university of their choice.
Program accomplishments
- Through rigorous academics and personal excellence, Futuro Academy educates all K-5 scholars to excel through middle school into high school, and to the university of their choice.Expenses $5,544,792
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0731066
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $16,171,630
- Income (IRS master file)
- $7,118,071
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,118,071 | $7,942,938 | $16,171,630 | XML |
| 990 | June 2024 | $6,889,569 | $7,470,971 | $9,924,340 | IRS |
| 990 | June 2023 | $5,360,916 | $6,252,945 | $10,684,774 | XML |
| 990 | June 2022 | $5,415,455 | $5,408,843 | $10,578,691 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Ignacio Prado | June 30, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0731066).
Questions about FUTURO ACADEMY INCORPORATED
- What is the EIN of FUTURO ACADEMY INCORPORATED?
- The employer identification number (EIN) of FUTURO ACADEMY INCORPORATED is 81-0731066.
- Is FUTURO ACADEMY INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to FUTURO ACADEMY INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURO ACADEMY INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FUTURO ACADEMY INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUTURO ACADEMY INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of FUTURO ACADEMY INCORPORATED?
- The 990-N for 2015 names Ignacio Prado.
- Who are the officers and directors of FUTURO ACADEMY INCORPORATED?
- The 990 for the year ended June 30, 2025 lists 8 people; 3 received compensation from the organization, the highest $141,270 (Ignacio Prado, Executive Director).
- How much revenue does FUTURO ACADEMY INCORPORATED have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,118,071, expenses of $7,942,938 and total assets of $16,171,630 at year end.
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