LINDSAY AND COMPANY LLP 770 COUNTY SQUARE DR STE 102

VENTURA, CA 93003-5407 (805) 650-5915

November 12, 2012

FUTURE LEADERS OF AMERICA 2140 EASTMAN AVENUE Suite 104 VENTURA, CA 93003

Dear Client:

Your 2011 Federal Return of Organization Exempt from Income Tax will be electronically filed with the Internal Revenue Service upon receipt of a signed Form 8879-EO - IRS e-file Signature Authorization. No tax is payable with the filing of this return.

Enclosed is your 2011 California Exempt Organization Annual Information Return. The original should be signed at the bottom of page one. There is a balance due of $10 payable by December 17, 2012. Mail the California return on or before December 17, 2012 and make the check payable to:

FRANCHISE TAX BOARD P.O. BOX 942857

SACRAMENTO, CA 94257-0701

Enclosed is your California Registration/Renewal Fee Report to the Attorney General. The original should be signed at the bottom of page one. There is a fee due of $75 payable by November 15, 2012. Make the check or money order payable to "Attorney General's Registry of Charitable Trusts" and mail your California report on or before November 15, 2012 to:

REGISTRY OF CHARITABLE TRUSTS P.O. BOX 903447

SACRAMENTO, CA 94203-4470

Please be sure to call us if you have any questions.

Sincerely,

Maria U Berntson, CPA

Form 8879-EO

Department of the Treasury Internal Revenue Service

IRS e-f Ile Signature Authorization for an Exempt Organization

For calendar year 2011, or fiscal year beginning , 2011, and ending

► Do not send to the IRS. Keep for your records. ► See instructions.

OMB No. 1545-1878

2011 Employer identification number

77 - 0071036

Name of exempt organization

FUTURE LEADERS OF AMERICA Name and title of officer

RANDAL BAKER TREASURER (2012) IPart.k:IType of Return and Return Information (Whole Dollars Only)

Check the box for the return for which you are using this Form 8879-EO and enter the applicable amount, if any, from the return. If you check the box on line la, 2a, 3a, 4a, or 5a, below, and the amount on that line for the return being filed with this form was blank, then leave line lb, 2b, 3b, 4b, or 5b, whichever is applicable, blank (do not enter -0-). But, if you entered -0- on the return, then enter -0- on the applicable line below. Do not complete more than 1 line in Part I.

_ b Total revenue, if any (Form 990-EZ, line 9) 2b LI_

3a Form 1120-POL check here o' b Total tax (Form 1120-POL, line 22) 3b 4a Form 990-PF check here .... ►

❑ b Tax based on investment income (Form 990-PF, Part VI, line 5).... 4b

5a Form 8868 check here ... ► ❑

b Balance Due (Form 8868, Part I, line 3c or Part II, line 8c) 5b

1 a Form 990 check here 1.- 1 b 340,710. b Total revenue, if any (Form 990, Part VIII, column (A), line 12)

2a Form 990-EZ check here .... ►

!Part IF] Declaration and Signature Authorization of Officer Under penalties of perjury, I declare that I am an officer of the above organization and that I have examined a copy of the organization's 2011 electronic return and accompanying schedules and statements and to the best of my knowledge and belief, they are true, correct, and complete. I further declare that the amount in Part I above is the amount shown on the copy of the organization's electronic return. I consent to allow my intermediate service provider, transmitter, or electronic return originator (ERO) to send the organization's return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an electronic funds withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of the organization's federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment. I have selected a personal identification number (PIN) as my signature for the organization's electronic return and, if applicable, the organization's consent to electronic funds withdrawal.

Officer's PIN: check one box only I authorize LINDSAY AND COMPANY LLP

ERO firm name

to enter my PIN I 01521 las my signature Enter five numbers, but do not enter all zeros

on the organization's tax year 2011 electronically filed return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO to enter my PIN on the return's disclosure consent screen.

El As an officer of the organization, I will enter my PIN as my signature on the organization's tax year 2011 electronically filed return. If I have indicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I will enter my PIN on the return's disclosure consent screen.

'

Officer's signature ► f‹- Date ►

'Part III (Certification and Authe

ERO's EFIN/PIN. Entery our six-digit electronic filing identification number (EFIN) followed by your five-digit self-selected PIN

I 77556793003

do not enter all zeros

I certify that the above numeric entry is my PIN, which is my signature on the 2011 electronically filed return for the organization indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub 4163, Modernized e-File (MeF) Information for Authorized IRS e-file Providers for Business Returns.

ERO's signature ► Date ►

ERO Must Retain This Form — See Instructions Do Not Submit This Form To the IRS Unless Requested To Do So

BAA For Paperwork Reduction Act Notice, see instructions. Form 8879-E0 (2011)

TEEA7401L 12/01/11

Signature of officer

RANDAL BAKER Type or print name and title.

Form 990

Department of the Treasury Internal Revenue Service

Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code

(except black lung benefit trust or private foundation)

► The organization may have to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0047

2011

A For the 2011 calendar year, or tax year beginning , 2011, and ending D Employer Identification Number

77-0071036

501(c)(3) ri 501(c) ( .1 (insert no.)

B Check if applicable:

Address change

Name change

Initial return

Terminated

Amended return

Application pending

Tax-exempt status

C

FUTURE LEADERS OF AMERICA 2140 EASTMAN AVENUE #104 VENTURA, CA 93003

F Name and address of principal officer:

Same As C Above

4947(a)(1) or 7 527

E Telephone number

805-642-6208

H(a) Is this a group return for affiliates?

H(b) Are all affiliates included? If 'No,' attach a list. (see instructions)

Yes X No

Yes

No

G Gross receipts $ 340,710.

J Website: 0- WWW.LATINOLEADERS.ORG K Form of organization: IT Corporation 7 Trust 7 Association 7 Other ►

Part Summa ry

H(c) Group exemption number

L Year of Forma ion: 1985

M State of legal domicile: CA

Acti

vit

ies &

Go

vern

an

ce

1 Briefly describe the organization's mission or most significant activities: THE ORGANIZATION' _TD _P_R.Q1IDE _L_EMER3HIP_ aid N I_N , _EDINA' LIN &NTH EF,R5QNAL _D_FITELOPMF,_NT _F98 _LATINS) _Y_Oilla, _ IQ_ EaS.TEB. _AHARF-ITE.S.S_ AND_ P_ARTICIPZILIDN.

ia LETY _T.N_A_ _GLQ1321. _DEMQ.CBATJ_C _SQL — _III _EEL EONS

than 25% of its

S EXEMPT

LBIE

net assets. 3

_Q_EPQRTlligalEZ_ PURPOSE IS

_ _ _LEADERSHIP- —

11 2 Check this box ► if the organization discontinued its operations or disposed of more H 3 Number of voting members of the governing body (Part VI, line la) 4 Number of independent voting members of the governing body (Part VI, line 1 b) 5 Total number of individuals employed in calendar year 2011 (Part V, line 2a) 6 Total number of volunteers (estimate if necessary) 7a Total unrelated business revenue from Part VIII, column (C), line 12

b Net unrelated business taxable income from Form 990-T, line 34

4 11 5 9 6 0 7a 0 . 7b 0 .

Reven

ue

8 Contributions and grants (Part VIII, line 1h) 9 Program service revenue (Part VIII, line 2g)

10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 12 Total revenue — add lines 8 through 11 (must equal Part VIII, column (A), line 12)

Prior Year Current Year 181,544. 245,607 . 145,684. 94,954.

950. 149.

328,178 . 340,710.

Ex

pen

se

s

13 Grants and similar amounts paid (Part IX, column (A), lines 1-3)

14 Benefits paid to or for members (Part IX, column (A), line 4)

15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10)

16a Professional fundraising fees (Part IX, column (A), line 11e)

b Total fundraising expenses (Part IX, column (D), line 25) ► 48,638.

193,460. 195,826.

3,250.

. :.,,t.

17 Other expenses (Part IX, column (A), lines lla-11d, llf-24e)

18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25)

19 Revenue less expenses. Subtract line 18 from line 12

158,129. 143,382. 354,839. 339,208. — 26,661. 1,502.

scrau

eleg

pu

nj

JO

OV

JOn

, 4•N

20 Total assets (Part X, line 16) 21 Total liabilities (Part X, line 26)

22 Net assets or fund balances. Subtract line 21 from line 20

Beginning of Current Year End of Year 222,099. 200,233. 118,988. 95,884. 103,111 . 104,349.

!Part II' Signature Block Under penalties of perjury, I declare that I have examined this return„ including accomp ing schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all inforrnatiOrvof which preparer has any knowledge.

Sign Here

Date

TREASURER (201 2)

-0630202 5) 650-5915

Date

11/12/12 Paid Preparer Use Only

May the IRS

Preparers signature

Firm's name LINDSAY AND COMPANY LLP

Firm's address ► 770 COUNTY SQUARE DR STE 102 VENTURA, CA 93003-5407

discuss this return with the preparer shown above? (see instructions)

Check 12(j if

self-employed

Firm's EIN ► 80 Phone no. (80

Yes

No Form 990 (2011)

Print/Type preparer's name

Maria U Berntson, CPA

PTIN

P00235506

BAA For Paperwork Reduction Act Notice, see the separate instructions. TEEA0113L 08/18/11

Form 990 2011) FUTURE LEADERS OF AMERICA 77-0071036 Page 2 I Part fit I Statement of Program Service Accomplishments

Check if Schedule 0 contains a response to any question in this Part III n 1 Briefly describe the organization's mission:

THE ORGANIZATION'S EXEMPT PURPOSE IS TO PROVIDE LEADERSHIP TRAINING, EDUCATION AND PERSONAL DEVELOPMENT OPPORTUNITIES FOR LATINO YOUTH, TO FOSTER AWARENESS AND PARTICIPATION IN RESPONSIBLE LEADERSHIP IN A GLOBAL AND DEMOCRATIC SOCIETY.

2 Did the organization undertake any significant program services during the year which were not listed on the prior

Form 990 or 990-EZ?

Yes No

If 'Yes,' describe these new services on Schedule 0.

3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? Yes 13 No

If 'Yes,' describe these changes on Schedule 0.

4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.

4a (Code: 111111.) (Expenses $ 161,664 . including grants of $ ) (Revenue $

CAMP — ,SCHOOL — AND COMMUNITY —BASED PROGRAMS THAT FOSTER EDUCATION, LEADERSHIP TRAINING AND PERSONAL DEVELOPMENT FOR LATINO YOUTH

4b (Code: 111111.) (Expenses $ 8 0 , 172. including grants of $ ) (Revenue $ 80,172.) YOUTH PROGRAMS FUNDED BY SANTA BARBARA ALCOCOL & DRUG PROGRAM, INCLUDING SOUTH & NORTH DIRECT GRANTS

4c (Code: 1111111111) (Expenses $ 11, 711. including grants of $ ) (Revenue $ 11,711 . ) YOUTH PROGRAMS FUNDED BY PLANNED PARENTHOOD

4d Other program services. (Describe in Schedule 0.)

(Expenses $ including grants of $ ) (Revenue $

4e Total program service expenses ► 253,547. BAA mEAoma 07/05/11 Form 990 (2011)

No Yes

TEEA0104L 07/05/11

FUTURE LEADERS OF AMERICA Form 990 (2011 I Part IV I Checklist of Required Schedules (continued)

e g

Form 990 (2011) BAA

21 Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If 'Yes,' complete Schedule 1, Parts 1 and It

22 Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If 'Yes,' complete Schedule I, Parts I and Ill

23 Did the organization answer 'Yes' to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If 'Yes,' complete Schedule J

24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, and that was issued after December 31, 2002? If 'Yes,' answer lines 24b through 24d and complete Schedule K. If 'No,'go to line 25

b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?

c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?

d Did the organization act as an 'on behalf of issuer for bonds outstanding at any time during the year?

25a Section 501(cX3) and 501(cX4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If 'Yes,' complete Schedule L, Part I

b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ? If 'Yes,' complete Schedule L, Part I

26 Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization's tax year? If 'Yes,' complete Schedule L, Part II

27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If 'Yes,' complete Schedule L, Part III

28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

a A current or former officer, director, trustee, or key employee? If 'Yes,' complete Schedule L, Part IV

b A family member of a current or former officer, director, trustee, or key employee? If 'Yes,' complete Schedule L, Part IV

c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If 'Yes,' complete Schedule L, Part IV

29 Did the organization receive more than $25,000 in non-cash contributions? If 'Yes,' complete Schedule M

30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If 'Yes,' complete Schedule M

31 Did the organization liquidate, terminate, or dissolve and cease operations? If 'Yes,' complete Schedule N, Part I

32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If 'Yes,' complete Schedule N, Part 1 1

33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If 'Yes,' complete Schedule R, Part I

34 Was the organization related to any tax-exempt or taxable entity? If 'Yes,' complete Schedule R, Parts II, Ill, IV, and V, line 1

35a Did the organization have a controlled entity within the meaning of section 512(b)(13)?

b Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If 'Yes,' complete Schedule R, Part V, line 2

36 Section 501(cX3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If 'Yes,' complete Schedule R, Part V, line 2

37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If 'Yes,' complete Schedule R, Part VI

38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule 0

21 X

22 X

23 X

24a X

24b

24c

24d

25a X

25b X

26 X

27

28a

28b X

28c X 29 X

30 X

31 X

32 X

33 X

X 35a X

35b X

36 X

37 X

38 X

77-0071036 Pa

Form 990 (2011) FUTURE LEADERS OF AMERICA I Part Statements Regarding Other IRS Filings and Tax Compliance

Check if Schedule 0 contains a response to any question in this Part V

1 a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable la b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable 1 b 0 c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming

(gambling) winnings to prize winners?

2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax State- ments, filed for the calendar year ending with or within the year covered by this return 2a

b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? Note. If the sum of lines la and 2a is greater than 250, you may be required to e-file. (see instructions)

3a Did the organization have unrelated business gross income of $1,000 or more during the year? b If 'Yes' has it filed a Form 990-T for this year? If 'No,' provide an explanation in Schedule 0

4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?

b If 'Yes,' enter the name of the foreign country: 0-

See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts. 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? c If 'Yes,' to line 5a or 5b, did the organization file Form 8886-T?

6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?

b If 'Yes,' did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? 6b

7 Organizations that may receive deductible contributions under section 170(c).

a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?

b If 'Yes,' did the organization notify the donor of the value of the goods or services provided? c Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file

Form 8282? 7c

d If 'Yes,' indicate the number of Forms 8282 filed during the year I 7 d1 e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

g If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?

h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?

8 Sponsoring organizations maintaining donor advised funds and section 509(aX3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?

9 Sponsoring organizations maintaining donor advised funds. a Did the organization make any taxable distributions under section 4966?

b Did the organization make a distribution to a donor, donor advisor, or related person?

10 Section 501(cX7) organizations. Enter:

a Initiation fees and capital contributions included on Part VIII, line 12 110 a1 b Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities 10 b1

11 Section 501(cX12) organizations. Enter:

a Gross income from members or shareholders 11 a

b Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) 11 b

12a Section 4947(aX1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

b If 'Yes,' enter the amount of tax-exempt interest received or accrued during the year 12b 13 Section 501(cX29) qualified nonprofit health insurance issuers.

a Is the organization licensed to issue qualified health plans in more than one state?

Note. See the instructions for additional information the organization must report on Schedule 0.

b Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans 13b1

c Enter the amount of reserves on hand 13c

14a Did the organization receive any payments for indoor tanning services during the tax year?

b If 'Yes,' has it filed a Form 720 to report these payments? If 'No,' provide an explanation in Schedule 0 14b

BAA TEEA0105L 07/05/11 Form 990 (2011)

7 7 - 0 0 7 1 0 3 6

14a

Form 990 (2011) FUTURE LEADERS OF AMERICA 77-0071036 Page 6

Pad I Governance, Management and Disclosure For each 'Yes' response to lines 2 through 7b below, and for a 'No' response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check if Schedule 0 contains a response to any question in this Part VI

Section A. Governing Body and Management )R

la Enter the number of voting members of the governing body at the end of the tax year If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule 0.

b Enter the number of voting members included in line 1a, above, who are independent

2 Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee or key employee?

3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person?

4 Did the organization make any significant changes to its governing documents

since the prior Form 990 was filed?

5 Did the organization become aware during the year of a significant diversion of the organization's assets?

6 Did the organization have members or stockholders?

7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body?

b Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or other persons other than the governing body?

8 Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

a The governing body?

b Each committee with authority to act on behalf of the governing body?

9 Is there any officer, director or trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization's mailing address? If 'Yes,' provide the names and addresses in Schedule 0

Section B. Policies (This Section 8 requests information about policies not required by the Internal Revenue Code.) No Yes

10a Did the organization have local chapters, branches, or affiliates?

b If 'Yes,' did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

11 a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form?

b Describe in Schedule 0 the process, if any, used by the organization to review this Form 990. See Schedule 0 12a Did the organization have a written conflict of interest policy? If 'No,' go to line 13

b Were officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts?

c Did the organization regularly and consistently monitor and enforce compliance with the policy? If 'Yes,' describe in Schedule 0 how this is done

13 Did the organization have a written whistleblower policy?

14 Did the organization have a written document retention and destruction policy?

15 Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

a The organization's CEO, Executive Director, or top management official

b Other officers of key employees of the organization

If 'Yes' to line 15a or 15b, describe the process in Schedule 0. (See instructions.)

16a Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year?

b If 'Yes,' did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization's exempt status with respect to such arrangements?

Section C. Disclosure 17 List the states with which a copy of this Form 990 is required to be filed ► CA

18 Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.

Own website ❑ Another's website Upon request

19 Describe in Schedule 0 whether (and if so, how) the organization makes its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. See Schedule 0

20 State the name, physical address, and telephone number of the person who possesses the books and records of the organization:

► LALAINE BRAIME, CPA 5755 VALENTINE RD. # 400 VENTURA CA 93003 805-565-9062

10a X

10b X

11a X

12a

12b

12c 13 14

15a 15b

16b

X

X

X

X

BAA Form 990 (2011) TEEA0106L 01 /23/1 2

Form 990 (2011) FUTURE LEADERS OF AMERICA 77-0071036 Page 7 I Part VII'iCompensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and

Independent Contractors Check if Schedule 0 contains a re to any question in this Part VII 1-1

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1 a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the

organization's tax year.

• List all of the organization's current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

• List all of the organization's current key employees, if any. See instructions for definition of 'key employee.'

• List the organization's five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations.

• List all of the organization's former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations.

• List all of the organization's former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title

(B) Average

hours per week (describe hours for related

organize- tions in

Schedule 0)

(C) Position

(do not check more than one box, unless pe son is both an officer

and a director/t ustee)

(D) Reportable

compensation from

(Ve /.2/1r9r9V1Z)

(E) Reportable

compensation from relo,tiell/ ;DaraUns

(F) Estimated

amount of other compensation

from the organization and related

organizations

Individ

ual trustee or dire

ctor

Institutional trustee

Offi cer

Key

employe

e

High

est com

pe

nsa

ted em

ployee

1 Form

er

0) MARISOL M GUILLEN Trustee 1 X O. O. O.

(2) BERENICE LARA 1 X O. O. O. Trustee

(9) VIANEY LOPEZ Trustee 1 X O. O. O.

(1) LUIS MORAN Trustee 1 X O. O. O.

(5) JOHN EVERETT Trustee 1 X O. O. O.

(6) JANET BENNER Trustee 1 X O. O. O.

0 YLEANA VELASCO Trustee 1 X O. O. O.

(8) RANDAL BAKER Trustee 2 X O. O. O.

(9) JOSE CORNELIO Chairman 3 X O. O. O.

.S10) GLORIA SOTO Secretary 2 X O. O. O.

_(11) KAREN HICKMAN Treasurer 3 X O. O. O.

12) ANGELES, ARROYO (SMALL) _ EXECUTIVE DIRECTOR 40 X 51,497. O. O.

13)

14)

BAA

TEEA0107L 07/06/11 Form 990 (2011)

Form 990 (2011) FUTURE LEADERS OF AMERICA 77-0071036 Page 9 Part VIII I Statement of Revenue

(A) Total revenue

(B) Related or

exempt function revenue

(C) Unrelated business revenue

(D) Revenue

excluded from tax under sections

512, 513, or 514

CO

NTR

IBU

TIO

NS

, G

IFTS

, GR

AN

TS

AN

D O

TH

ER

SIM

ILA

R A

MO

UNT

S

1 a Federated campaigns

b Membership dues

c Fundraising events

d Related organizations

e Government grants (contributions)

f All other contributions, gifts, grants, and similar amounts not included above

1 a

245,607.

lb

lc

1 d

le

1f 245,607 . g Noncash contributions included in Ins la- f: $ 27,968 . h Total. Add lines la-lf N.

PR

OG

RA

M S

ER

VIC

E R

EV

EN

UE

Business Code

91,883. 91,883. 2a GOVT GRANTS FOR SERVICES

b PROGRAM FEES & OTHER 3,071 . 3,071. C

d

e

f All other program service revenue....

g Total. Add lines 2a-2f 11.- 94,954.

1 OTH

ER

RE

VE

NU

E

3 Investment income (including dividends, interest and other similar amounts) 11..

4 Income from investment of tax-exempt bond proceeds

5 Royalties i.

149. 149.

6a Gross rents

b Less: rental expenses

c Rental income or (loss)

(i) Real (ii) Personal

d Net rental income or (loss) lb-

7a Gross amount from sales of (i) Securities (ii) Other

assets other than inventory..

b Less: cost or other basis and sales expenses

c Gain or (loss) d Net gain or (loss)

8a Gross income from fundraising events (not including. $

of contributions reported on line 1c).

See Part IV, line 18 a

b Less: direct expenses b

c Net income or (loss) from fundraising events ...

9a Gross income from gaming activities See Part IV, line 19 a

b Less: direct expenses b

c Net income or (loss) from gaming activities

10a Gross sales of inventory, less returns and allowances a

b Less: cost of goods sold b

c Net income or (loss) from sales of inventory

Miscellaneous Revenue Business Code

11a

b

c

d All other revenue

e Total. Add lines 11 aild p.

12 Total revenue. See instructions ... 340,710. 91,883. O. 3,220.

BAA orm TEEA0109L 07/06/11

Form 990 201 1) FUTURE LEADERS OF AMERICA 77-0071036 Page 10 I

PAM X111 Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).

Check if Schedule 0 contains a response to any uestion in this Part IX

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII,

(A) Total expenses

(B) Program service

expenses

(C) Management and general ex enses

(D) Fundraising expenses

1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21

2 Grants and other assistance to individuals in the United States. See Part IV, line 22

3 Grants and other assistance togovernments, organizations, and individuals outside the

United States. See Part IV, lines 15 and 16

4 Benefits paid to or for members 5 Compensation of current officers, directors,

trustees, and key employees

6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)

7 Other salaries and wages

8

Pension plan accruals and contributions (include section 401(k) and section 403(b) employer contributions)

9 Other employee benefits

10 Payroll taxes

11 Fees for services (non - employees):

a Management

b Legal

c Accounting

d Lobbying

e Professional fundraising services. See Part IV, line 17

f Investment management fees

g Other

12 Advertising and promotion

13 Office expenses

14 Information technology

15 Royalties

16 Occupancy

17 Travel

18 Payments of travel or entertainment expenses for any federal, state, or local public officials

19 Conferences, conventions, and meetings

20 Interest 21 Payments to affiliates

22 Depreciation, depletion, and amortization

23 Insurance 24 Other expenses. Itemize expenses not

covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.

a PROFESSIONAL TRAINING

' .. -

51,497. 25,356. 15,449. 10,692.

0 . 0 . 0 . 0 .

112,880. 91,523. 21,357.

18,755. 14,481. 1,390. 2,884. 12,694. 7,944. 1,545. 3,205.

1,522. 1,272. 250.

32,623. 16,567. 9,684. 6,372.

= s- ^ ..;

1,589. 1,589.

47. 47.

27,104. 25,823. 1,281. 8,442. 8,182. 65. 195.

18,556. 18,456. 50. 50. 1,534. 1,534.

5,873. 2,649. 3,224.

8,861. 8 418. 443. ,

'

. i..-4'

18,518. 9,840.

18,001. 9,840.

186. 331.

b CAMP EXPENSES/SUPPLIES c OTHER COSTS 5,035.

3,198. 5,035.

3,198. d FUNDRAISING SUPPLIES/ EXPENSE e All other expenses

25 Total functional expenses. Add lines 1 through 24e

26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation.

Check here ► if following

SOP 98-2 (ASC 958-720)

640. 286. 354.

339,208. 253,547. 37,023. 48,638.

BAA Form 990 (2011)

TEEA0110L 01/26/12

77-0071036 Page 11 Form 990 (2011) FUTURE LEADERS OF AMERICA Part X Balance Sheet

(A) Beginning of year

(B) End of year

CA

—1 rn

(s) /n

>

1 Cash — non-interest-bearing

2 Savings and temporary cash investments

3 Pledges and grants receivable, net

4 Accounts receivable, net

5 Receivables from current and former officers, directors, and highest compensated employees. Complete Part

6 Receivables from other disqualified persons (as defined persons described in section 4958(c)(3)(B), and contributing sponsoring organizations of section 501(c)(9) voluntary organizations (see instructions)

7 Notes and loans receivable, net

8 Inventories for sale or use

9 Prepaid expenses and deferred charges

10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D

b Less: accumulated depreciation

11 Investments — publicly traded securities

12 Investments — other securities. See Part IV, line 11

13 Investments — program-related. See Part IV, line 11

14 Intangible assets

15 Other assets. See Part IV, line 11

16 Total assets. Add lines 1 through 15 (must equal line

under

10a

trustees, II of Schedule

employees'

key employees, L

section 4958(0(1)), employers and

beneficiary

23,212.

132,450. 1 116,492.

777. 2 779.

60,774. 3 57,892.

255. 4

.-;., - l-

6 ,,,

7

8

5,650. 9 6, 755.

'

15,714. 10c 12, 140 . 10b 11,072.

34)

11

12

13

14

6,479. 15 6,175. 222,099. 16 200,233.

—I —

<1

13-

-1-1

— —

41

(1)

17 Accounts payable and accrued expenses 18 Grants payable 19 Deferred revenue

20 Tax-exempt bond liabilities

21 Escrow or custodial account liability. Complete Part IV of Schedule D

22 Payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons Complete Part ll of Schedule L

23 Secured mortgages and notes payable to unrelated third parties

24 Unsecured notes and loans payable to unrelated third parties

25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.

26 Total liabilities. Add lines 17 through 25

19,091. 17 12, 654 . 18

63,539. 19 64, 329 .

20

21

22

36,358. 23 18,901. 24

25

118,988. 26 95,884.

1 C/11

110

Z>

1—

>C0 O

ZC'n

XIO

VI—

IMU

X/1

> —

wiz

I

Organizations that follow SFAS 117, check here 0.- L[ and

27 through 29 and lines 33 and 34.

27 Unrestricted net assets

28 Temporarily restricted net assets

29 Permanently restricted net assets

Organizations that do not follow SFAS 117, check here ►

lines 30 through 34.

30 Capital stock or trust principal, or current funds

31 Paid-in or capital surplus, or land, building, or equipment fund

32 Retained earnings, endowment, accumulated income, or other

33 Total net assets or fund balances

34 Total liabilities and net assets/fund balances

_

complete lines

and complete

funds

14,468. 27 26,291. 88, 643. 28 78,058.

29

30 31

32

103, 111. 33 104,349. 222,099. 34 200,233.

BAA Form 990 (2011)

TEEA0111L 07/06/11

1 Accounting method used to prepare the Form 990: Cash Ea Accrual Other

If the organization changed its method of accounting from a prior year or checked 'Other,' explain in Schedule 0.

2a Were the organization's financial statements compiled or reviewed by an independent accountant?

b Were the organization's financial statements audited by an independent accountant?

c If 'Yes' to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule 0.

d If 'Yes' to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:

X Separate basis Consolidated basis OBoth consolidated and separate basis

3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?

b If 'Yes,' did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits

No Yes

2a X 2b

2c

X 3a

3b

77-0071036 Page 12

1 340,710. 2 339,208. 3 1,502. 4 103,111. 5 -264.

6 104,349.

Form 990 (2011) FUTURE LEADERS OF AMERICA 'Part XI I Reconciliation of Net Assets

Check if Schedule 0 contains a response to any question in this Part XI

1 Total revenue (must equal Part VIII, column (A), line 12)

2 Total expenses (must equal Part IX, column (A), line 25)

3 Revenue less expenses. Subtract line 2 from line 1

4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) 5 Other changes in net assets or fund balances (explain in Schedule 0).. See.Schedule.0

6 Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column B

Piftlild F inancial ancial Statements and Reporting Check if Schedule 0 contains a response to any question in this Part XII

BAA

Form 990 (2011)

TEEA0112L 07/06/11