Nonprofit · EIN 99-1141217
FUTURE LEADERS ACADEMY INC
Tax-exempt · IRVINE, CA 92623
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,572,825 | $2,511,808 | -$938,983 | $137,916 | $911,085 | -$773,169 |
| June 30, 2024 | 990 | $243,692 | $90,926 | $152,766 | $249,151 | $96,385 | $152,766 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $158,000
- Program service revenue
- $1,414,439
- Investment income
- $386
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,000
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,162,096
- Salaries, compensation and benefits (total)
- $1,335,703
- Professional fundraising fees
- $0
- Legal fees
- $94,553
- Occupancy
- $208,472
- Travel
- $131
- Program services (functional)
- $1,980,574
- Management and general (functional)
- $531,234
Balance sheet and other
- Total assets, start of year
- $249,151
- Total assets, end of year
- $137,916
- Total liabilities, end of year
- $911,085
- Net assets, end of year
- -$773,169
- Land, buildings and equipment
- $66,156
- Net assets without donor restrictions
- -$773,169
- Gross receipts
- $1,572,825
- Employees
- 23
- Volunteers
- 150
- Year formed
- 2024
- State of legal domicile
- CA
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 |
|---|---|---|---|
| Carrie Mizera | President Trustee or director, Officer | 80 | $0 |
| Jennifer So | Secretary Trustee or director, Officer | 5 | $0 |
| Warren Siu term end 8-2024 | Treasurer Trustee or director, Officer | 15 | $0 |
| John Ing | Treasurer Trustee or director, Officer | 5 | $0 |
| Joe Kramer | Chairman Trustee or director, Officer | 30 | $0 |
| Raymond Chen | Director Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carrie Mizera | President & CEO Trustee or director, Officer | 80 | $0 |
| Jennifer So | Secretary Trustee or director, Officer | 5 | $0 |
| Warren Siu | Treasurer Trustee or director, Officer | 15 | $0 |
| Thomas Mizera | Chairman Trustee or director, Officer | 5 | $0 |
| Joe Kramer | Vice President Trustee or director, Officer | 30 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 17553, IRVINE, CA 92623-7553
- Principal officer (990 for 2024)
- Joe Kramer, PO Box 17553, Irvine, CA 92623
- Signed the 990
- Joe Kramer, Chairman
- Phone
- (714) 783-7070
- Website
- www.rschooloc.org
- Return prepared by
- Tovella Dowling PC
California records
California keeps its own records of charities and corporations. Search them by EIN 99-1141217 or by the name FUTURE LEADERS ACADEMY INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
See Form 990, Part I, Line 1.
Program accomplishments
- Operation of a K-12 educational program.Expenses $1,980,574 · revenue $1,414,439
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
- 99-1141217
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $137,916
- Income (IRS master file)
- $1,572,825
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,572,825 | $2,511,808 | $137,916 | IRS |
| 990 | June 2024 | $243,692 | $90,926 | $249,151 | XML |
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 99-1141217).
Questions about FUTURE LEADERS ACADEMY INC
- What is the EIN of FUTURE LEADERS ACADEMY INC?
- The employer identification number (EIN) of FUTURE LEADERS ACADEMY INC is 99-1141217.
- Is FUTURE LEADERS ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to FUTURE LEADERS ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURE LEADERS ACADEMY INC 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 FUTURE LEADERS ACADEMY INC 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 FUTURE LEADERS ACADEMY INC 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 FUTURE LEADERS ACADEMY INC?
- The 990 for the year ended June 30, 2025 names Joe Kramer.
- Who are the officers and directors of FUTURE LEADERS ACADEMY INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does FUTURE LEADERS ACADEMY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,572,825, expenses of $2,511,808 and total assets of $137,916 at year end.
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