Civic Intelligence

Tecnologico De Monterrey Foundation

EIN 26-1857750 • 501(c)3 • Miami, FL

Profile

To Support and benefit domestic

13020 SW 133rd CtMiami, FL 33186

www.itesm.la

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

98th percentile

247%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

86th percentile

55%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$4,096,885

Up $787,745 (+24%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$4,096,885

Up $787,745 (+24%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin93rd percentile

Revenue

Down

$1,239,341

Down $2,408,828 (-66%) from 2023

Expenses

Down

$451,596

Down $227,368 (-33%) from 2023

Net Income

Down

$787,745

Down $2,181,460 (-73%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $86,913Liabilities 2010: $0Net Assets 2010: $86,9132010Assets 2011: $334,086Liabilities 2011: $6,936Net Assets 2011: $327,1502011Assets 2012: $273,041Liabilities 2012: $9,424Net Assets 2012: $263,6172012Assets 2013: $351,606Liabilities 2013: $6,590Net Assets 2013: $345,0162013Assets 2014: $540,347Liabilities 2014: $2,250Net Assets 2014: $538,0972014Assets 2015: $571,948Liabilities 2015: $0Net Assets 2015: $571,9482015Assets 2016: $703,628Liabilities 2016: $0Net Assets 2016: $703,6282016Assets 2017: $694,081Liabilities 2017: $0Net Assets 2017: $694,0812017Assets 2018: $832,826Liabilities 2018: $0Net Assets 2018: $832,8262018Assets 2019: $878,783Liabilities 2019: $0Net Assets 2019: $878,7832019Assets 2020: $900,222Liabilities 2020: $0Net Assets 2020: $900,2222020Assets 2021: $444,408Liabilities 2021: $0Net Assets 2021: $444,4082021Assets 2022: $339,935Liabilities 2022: $0Net Assets 2022: $339,9352022Assets 2023: $3,309,140Liabilities 2023: $0Net Assets 2023: $3,309,1402023Assets 2024: $4,096,885Liabilities 2024: $0Net Assets 2024: $4,096,8852024

Highlighted filing

2024

Assets$4,096,885
Liabilities$0
Net Assets$4,096,885
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $5,4192010Expenses 2011: $37,5702011Expenses 2012: $398,2512012Revenue 2013: $795,895Expenses 2013: $714,496Net Income 2013: $81,3992013Revenue 2014: $1,017,453Expenses 2014: $824,372Net Income 2014: $193,0812014Revenue 2015: $114,948Expenses 2015: $81,097Net Income 2015: $33,8512015Revenue 2016: $215,000Expenses 2016: $83,320Net Income 2016: $131,6802016Revenue 2017: -$2,991Expenses 2017: $6,556Net Income 2017: -$9,5472017Revenue 2018: $144,092Expenses 2018: $5,347Net Income 2018: $138,7452018Revenue 2019: $50,256Expenses 2019: $4,299Net Income 2019: $45,9572019Revenue 2020: $26,809Expenses 2020: $5,370Net Income 2020: $21,4392020Revenue 2021: $381,099Expenses 2021: $836,913Net Income 2021: -$455,8142021Revenue 2022: $517,194Expenses 2022: $621,667Net Income 2022: -$104,4732022Revenue 2023: $3,648,169Expenses 2023: $678,964Net Income 2023: $2,969,2052023Revenue 2024: $1,239,341Expenses 2024: $451,596Net Income 2024: $787,7452024

Highlighted filing

2024

Revenue$1,239,341
Expenses$451,596
Net Income$787,745
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,096,885
Liabilities
$0
Net assets
$4,096,885
Revenue
$1,239,341
Expenses
$451,596
Net income
$787,745
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.10$0.00$4.10$1.24$0.45$0.79
2023Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$3.65$0.68$2.97
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.52$0.62$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.38$0.84$0.46
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.03$0.01$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.05$0.00$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.14$0.01$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.00$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.22$0.08$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.11$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$1.02$0.82$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.35$0.80$0.71$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.01$0.26$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.01$0.33$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.2
Gross Receipts
$1,239,341
Mission and Program Overview

Mission

To Support and benefit domestic

To Support and benefit domestic and foreign educational institutions as described in sections 509(a)1 and 509(a)2

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,035,410$3,159,155▲ $123,745
Cash and Non-Interest-Bearing Accounts$272,813$912,922▲ $640,109
Savings and Temporary Cash Investments-$23,891-
Intangible Assets$917$917→ $0
Total Assets$3,309,140$4,096,885▲ $787,745
Liabilities
Accounts Payable and Accrued Expenses$0--
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,000,000$3,000,000→ $0
Net Assets Without Donor Restrictions$309,140$1,096,885▲ $787,745
Total Net Assets Fund Balance$3,309,140$4,096,885▲ $787,745
Total Liabilities and Net Assets / Fund Balance$3,309,140$4,096,885▲ $787,745

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$33,269--
Compensation and Service Providers
Top Officer Pay56th percentile

Board Members and Trustees

NameTitle
Dr Alejandro A Poire RomeroTrustee-President
Ing Miguel Valle HerreraTrustee - COB
Eduardo Menchaca VillarealTrustee - Secretary
CP Adriana Wong RedondoTrustee - Treasurer
Hugo Armando Garza MedinaTrustee - V COB
Joe RudbergAsst. Secretary
Tyree C CollierAsst. Secretary
CP Flor Minerva Esquival EscobarAsst. Treasurer
Alejandra NaranjoDevelopment & VP Administration
Revenue and Support

Revenue Composition

Contributions and Grants
$1,089,234
Program Service Revenue
$0
Investment Income
$150,107
Other Revenue
$0
All Other Contributions
$1,089,234
Change in Net Assets
$787,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$437,666
Other Expenses$13,930
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$437,666--$437,666
Fees for Services Accounting$0$8,590$0$8,590
Travel$0$2,581$0$2,581
Fees for Service Investment Mgmnt Fees$0$1,434$0$1,434
Insurance$0$1,291$0$1,291
Other Expenses$0$34$0$34
Total Functional Expenses$437,666$13,930$0$451,596
International Activity

International Summary

Offices
0
Employees
0
Spending
$437,666

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaEducationEducation & Research00$437,666
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Tecnologico De Monterrey Foundation
EIN
26-1857750
Phone
3052597775
Address
13020 SW 133rd Ct, Miami, FL 33186

Signing Officer

Name
Alejandra Naranjo
Title
Director VP Administration
Phone
3052597775
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alejandro A Poire Romero
Formed
2007
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
Rene Velez Accounting Tax & Consulting
Address
13020 SW 133rd Court, MIAMI, FL 33186
Preparer
Rene Velez CPA
Phone
3052597775
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“See Exhibit E, attached which is part of form 1023. Some of the Officers and Trustees are related by virtue of employment of the Initial Member of the Foundation. However, all officers and trustees must abide by Section 7.4 of the Bylaws, which contain a conflict of interest provision.”

Pt VI, Line 6

“The Foundation has one Initial Member, Instituto Tecnologico Y De Estudios Superiores de Monterrey.”

Pt VI, Line 7A

“The Foundation has one Initial Member; Instituto Tecnologico y De Estudios Superiores De Monterrey, who under section 2.1 of the Bylaws, can approve terms and conditions of memberships. However, memberships may not be transferable. Further, there are no plans for additional members. The member has appointed a Board of Trustees, who make management decisions and are the governing body.”

Pt VI, Line 11B

“A copy of form 990 is provided to the Board of Trustees for their review prior to filing.”

Pt VI, Line 12C

“As provided in the Foundation Bylaws section 7.4 titled Conflicts of Interest, there are significant provisions to assure conflicts do not occur. In particular the Board of Trustees may require as a condition to qualify as Trustee, Officer or other position, request from time to time a conflict of interest disclosure statement from such personnel.”

Pt VI, Line 15A

“See Part VI, Line 15b below.”

Pt VI, Line 15B

“The Foundation has continued operations with a combination of volunteer Board of Trustees and officers. As such the decision has been made all the Trustees and Board members recieve no compensation. At such time as a determination is made to compensate, Trustees, Officers or other personnel, guidelines, analysis and approvals are in place to follow non profit industry norms. In 2024 no officer received compensation. Office staff and other personnel would be considered for payroll, if needed, on salaries equivalent to other similar tax exempt organizations.”

Pt VI, Line 19

“Form 990, 1023 of the Foundation are available by request to either the Foundations outside Certified Public Accountant or to the Foundation Secretary.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PrincipalOfficerNm0Alejandro A Poire Romero
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03647413
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0628618
IRS990/PYInvestmentIncomeAmt0756
IRS990/PYOtherExpensesAmt050346
IRS990/PYRevenuesLessExpensesAmt02969205
IRS990/PYTotalExpensesAmt0678964
IRS990/PYTotalRevenueAmt03648169
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0787745
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023891
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Unusual Grants during the year: $295,550
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The organization is shifting its donor base & fundraising strategy. The organization has consistently maintained programs that are supported by public donations. Additionally, the organization maintains a continuous and ongoing program soliciting funds from the general public, with a focus on soliciting funds from alumni of its primary beneficiary, the Instituto Tecnologico y De Estudios Superiores de Monterrey, a university with 150,000 students in Mexico and tens of thousands of alumni in the United States.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Other Addl Info
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt II Ln 17a
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0793684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0322058
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0318046
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0181099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt026809
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01641696
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0150107
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0756
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0150863
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.53640
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.31050
IRS990ScheduleA/PublicSupportTotal170Amt0961601
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0680095
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0793684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0322058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0318046
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0181099
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026809
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01641696
IRS990ScheduleA/TotalSupportAmt01792559
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03125886
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt133269
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Bonds
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Stock
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueProgramRltdAmt03159155
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0437666
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Education & Research
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Education
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0437666
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/DescriptionOfNonCashAsstTxt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0Wire
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0Educational Support
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0North America
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0437666
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization receives a formal request for a grant. Various factors are taken into consideration such as (1) The advancement of education or research (2) Demonstrated financial need (3) The use of funds involved in direct education and research and/or indirect facilities and administration. Over the course of time statistics may be gathered to support the effectiveness of a program or specific performance of goals.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0437666
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0See Exhibit E, attached which is part of form 1023. Some of the Officers and Trustees are related by virtue of employment of the Initial Member of the Foundation. However, all officers and trustees must abide by Section 7.4 of the Bylaws, which contain a conflict of interest provision.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Foundation has one Initial Member, Instituto Tecnologico Y De Estudios Superiores de Monterrey.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Foundation has one Initial Member; Instituto Tecnologico y De Estudios Superiores De Monterrey, who under section 2.1 of the Bylaws, can approve terms and conditions of memberships. However, memberships may not be transferable. Further, there are no plans for additional members. The member has appointed a Board of Trustees, who make management decisions and are the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A copy of form 990 is provided to the Board of Trustees for their review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4As provided in the Foundation Bylaws section 7.4 titled Conflicts of Interest, there are significant provisions to assure conflicts do not occur. In particular the Board of Trustees may require as a condition to qualify as Trustee, Officer or other position, request from time to time a conflict of interest disclosure statement from such personnel.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5See Part VI, Line 15b below.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Foundation has continued operations with a combination of volunteer Board of Trustees and officers. As such the decision has been made all the Trustees and Board members recieve no compensation. At such time as a determination is made to compensate, Trustees, Officers or other personnel, guidelines, analysis and approvals are in place to follow non profit industry norms. In 2024 no officer received compensation. Office staff and other personnel would be considered for payroll, if needed, on salaries equivalent to other similar tax exempt organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Form 990, 1023 of the Foundation are available by request to either the Foundations outside Certified Public Accountant or to the Foundation Secretary.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0no
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Instituto Tecnologico y De Estudios Superiores De Monterrey
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0Foreign
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/AddressLine1Txt0Eugenio Garza Sada 2501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CityNm0Monterrey NL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/CountryCd0MX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ForeignAddress/ForeignPostalCd064849
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileForeignCountryCd0MX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Post Secondary Education
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
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IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0437666
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV/Cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Instituto Tecnologico Y De Estudios Superiores De Monterrey
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03309140
IRS990/TotalAssetsEOYAmt04096885
IRS990/TotalAssetsGrp/BOYAmt03309140
IRS990/TotalAssetsGrp/EOYAmt04096885
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01089234
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013930
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0437666
IRS990/TotalFunctionalExpensesGrp/TotalAmt0451596
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03309140
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04096885
IRS990/TotalProgramServiceExpensesAmt0437666
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0150107
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01239341
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03309140
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04096885
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02581
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt02581
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01722 Routh Street
IRS990/USAddress/CityNm0Dallas
IRS990/USAddress/StateAbbreviationCd0TX

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