Ibero Academy Institution

Nonprofit profile at a glance

EIN
463479892
IRS 990-EZ coverage
2013–2019
Forms available
Form 990 2018, Form 990-EZ 2019
Location
El Paso, TX, USA
Phone
9155850840
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Primary, Elementary Schools

Reported finances

Revenue
$177,665
Expenses
$38,661
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • LAURA E HOLGUIN (PRESIDENT)
  • ADRIANA HOLGUIN (VICE PRESIDENT)

People named in this filing

  • SELINA HOLGUIN (MEMBER)
  • LAURA E HOLGUIN (PRESIDENT)
  • ADRIANA HOLGUIN (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization engages in providing the community in el paso, Texas with private education services. The institution focuses on developing the students' necessary skill set for a lifelong engagement with the world of knowledge and instills in the students a feeling of responsibility to make positive changes in our society.

What it reported doing in 2019

The institution provides educational services through the installation of an elementary school setting. The school serves the educational needs of students by providing a comprehensive curriculum that integrates unique educational approaches that includes the integration of a second language for all students. In addition, the institution also serves pupils through extracurricular activities.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 17.4%; rating input score 17
  • Program expense ratio: 80%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 78.2%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 33.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: -6.7% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -4.5% per year; rating input score 0; 18th percentile among comparable filings

Details

  • Where the money goes: 17.4% of revenue deployed · 80% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 2 filing years from 2013 to 2019
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 17/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.