Civic Intelligence

Us Mexico Foundation

990 • Fiscal year 2023 • EIN 74-2984884

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

1250 H Street NW Suite 300Washington, DC 20005

(202) 549-6227

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.32x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.12x

Higher debt load relative to revenue than 56% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

44th percentile

1.4%

Higher net margin than 44% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

97th percentile

$397,289

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 14.5% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

65th percentile

11%

Faster asset growth than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

53%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,012,126

Up $103,422 (+11%) from 2022

Net Assets

Down

$687,572

Down $112,980 (-14%) from 2022

Liabilities

Up

$324,554

Up $216,402 (+200%) from 2022

Revenue

Up

$2,744,765

Up $945,008 (+53%) from 2022

Expenses

Up

$2,705,450

Up $1,072,700 (+66%) from 2022

Net Income

Down

$39,315

Down $127,692 (-76%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $725,453Liabilities 2010: $54,050Net Assets 2010: $671,4032010Assets 2011: $2,230,417Liabilities 2011: $54,665Net Assets 2011: $2,175,7522011Assets 2012: $2,363,168Liabilities 2012: $173,914Net Assets 2012: $2,189,2542012Assets 2013: $3,261,071Liabilities 2013: $498,613Net Assets 2013: $2,762,4582013Assets 2014: $2,757,299Liabilities 2014: $205,638Net Assets 2014: $2,551,6612014Assets 2015: $2,239,288Liabilities 2015: $585,116Net Assets 2015: $1,654,1722015Assets 2016: $1,902,664Liabilities 2016: $473,737Net Assets 2016: $1,428,9272016Assets 2017: $1,643,928Liabilities 2017: $141,982Net Assets 2017: $1,501,9462017Assets 2018: $652,867Liabilities 2018: $96,550Net Assets 2018: $556,3172018Assets 2019: $465,465Liabilities 2019: $134,762Net Assets 2019: $330,7032019Assets 2020: $543,406Liabilities 2020: $76,262Net Assets 2020: $467,1442020Assets 2021: $749,494Liabilities 2021: $115,949Net Assets 2021: $633,5452021Assets 2022: $908,704Liabilities 2022: $108,152Net Assets 2022: $800,5522022Assets 2023: $1,012,126Liabilities 2023: $324,554Net Assets 2023: $687,5722023Assets 2024: $1,026,986Liabilities 2024: $272,706Net Assets 2024: $754,2802024

Highlighted filing

2023

Assets$1,012,126
Liabilities$324,554
Net Assets$687,572

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $491,9512010Revenue 2011: $2,097,421Expenses 2011: $593,072Net Income 2011: $1,504,3492011Revenue 2012: $1,142,946Expenses 2012: $1,129,444Net Income 2012: $13,5022012Revenue 2013: $2,363,331Expenses 2013: $1,790,127Net Income 2013: $573,2042013Revenue 2014: $1,082,823Expenses 2014: $1,180,327Net Income 2014: -$97,5042014Revenue 2015: $838,969Expenses 2015: $1,723,958Net Income 2015: -$884,9892015Revenue 2016: $834,671Expenses 2016: $1,059,916Net Income 2016: -$225,2452016Revenue 2017: $700,802Expenses 2017: $627,783Net Income 2017: $73,0192017Revenue 2018: $146,554Expenses 2018: $814,080Net Income 2018: -$667,5262018Revenue 2019: $661,990Expenses 2019: $917,605Net Income 2019: -$255,6152019Revenue 2020: $711,502Expenses 2020: $575,063Net Income 2020: $136,4392020Revenue 2021: $993,234Expenses 2021: $826,833Net Income 2021: $166,4012021Revenue 2022: $1,799,757Expenses 2022: $1,632,750Net Income 2022: $167,0072022Revenue 2023: $2,744,765Expenses 2023: $2,705,450Net Income 2023: $39,3152023Revenue 2024: $2,808,268Expenses 2024: $2,741,560Net Income 2024: $66,7082024

Highlighted filing

2023

Revenue$2,744,765
Expenses$2,705,450
Net Income$39,315
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.0
Gross Receipts
$2,744,765
Mission and Program Overview

Mission

The usmf works to strengthen education and civic leadership for mexicans on both sides of the border and to develop greater understanding and cooperation between our two countries by operating programs with binational impact, grant-giving in mexico and fostering constructive dialogue on key binational issues.

To promote binational understanding and collaboration through educational programs that look to educate and empower mexican youth in the areas of stem, english language learning, and civic engagement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$485,896$486,869▲ $973
Cash and Non-Interest-Bearing Accounts$205,376$309,667▲ $104,291
Accounts Receivable$64,837$196,443▲ $131,606
Prepaid Expenses and Deferred Charges-$6,847-
Total Assets$756,409$1,012,126▲ $255,717
Other Assets Total$300$12,300▲ $12,000
Liabilities
Accounts Payable and Accrued Expenses$108,152$213,904▲ $105,752
Deferred Revenue-$70,000-
Escrow Account Liability-$40,650-
Total Liabilities$108,152$324,554▲ $216,402
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$648,257$687,572▲ $39,315
Total Net Assets Fund Balance$648,257$687,572▲ $39,315
Total Liabilities and Net Assets / Fund Balance$756,409$1,012,126▲ $255,717
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Enrique Perret ErhardManaging DirectorFT$233,381$163,908$397,289

Board Members and Trustees

NameTitle
Emilio CadenaChair
Madelka MccallaVice Chair
David JimenezBoard Member
Eduardo CanalesBoard Member
Jana NelsonBoard Member
Jeff WilsonBoard Member
Jennifer PrescottBoard Member
Jon BarelaBoard Member
Lourdes ArandaBoard Member
Lucy LawrenceBoard Member
Marcelo GaeteBoard Member
Pati JinichBoard Member
Rolando PablosBoard Member
Scott MyersBoard Member
Ana MondragonFundraising
Hector LujanGov/nominati
Sean SalasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,743,792
Program Service Revenue
$0
Investment Income
$973
Other Revenue
$0
All Other Contributions
$2,743,792
Change in Net Assets
$39,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,703,995
Salaries, Compensation, and Employee Benefits$763,001
Grants and Similar Amounts Paid$238,454
Total Fundraising Expense$102,815
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$641,475$3,012-$644,487
Travel$389,707$-2,592-$387,115
Current Officers, Directors, Trustees, and Key Employees$273,593$37,048$68,164$378,805
Other Salaries and Wages$254,630$39,859$29,443$323,932
Occupancy$278,481$5,673-$284,154
Foreign Grants$238,454--$238,454
Fees for Services Accounting-$100,593-$100,593
Office Expenses$46,748$784-$47,532
Payroll Taxes$22,140$3,379$5,208$30,727
Other Employee Benefits-$29,537-$29,537
Information Technology$5,410$6,805-$12,215
Other Expenses$4,061$6,243-$10,304
Fees for Services Legal-$5,584-$5,584
Insurance-$2,081-$2,081
All Other Expenses$1,493$303-$1,796
Advertising$618--$618
Total Functional Expenses$2,364,326$238,309$102,815$2,705,450
International Activity

International Summary

Spending
$238,454

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 AmericaProgram ServicesEducation Transforma--$238,454
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 was prepared by the outside accountants and reviewed by the ceo and the treasurer. The entire board received a copy of the 990 prior to filing the return with the irs.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually by each member of the board of directors. If there are any conflicts the board member will recuse him/herself from voting on the matter.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
US Mexico Foundation
EIN
74-2984884
Phone
2025496227
Address
1250 H STREET NW SUITE 300, WASHINGTON, DC 20005

Signing Officer

Name
Sean Salas
Title
Treasurer
Phone
2025496227
Signed
2024-11-11

Organization Details

Principal Officer
Emilio Cadena
Formed
2000
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
17
Employees
7
Volunteers
4

Preparer

Firm
Kullman CPA LLC
Address
888 BESTGATE ROAD SUITE 316, ANNAPOLIS, MD 21401
Preparer
Edmund L Fry Jr CPA
Phone
4102669885
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

North capital forum the north capital forum is an annual 3-day event, hosted by the us mexico foundation, that focuses on understanding north america's main challenges and creating mutually beneficial solutions. The event welcomes on average more than 700 participants and consists of around 23 panels and more than 100 speakers. Key generators of proposals presented their ideas and recommendations to strengthen its integration. The event seeks to advance the north american way. The north american way embodies a perspective that is both individual and collective, while also taking a comprehensive approach towards innovation, efficiency, economic advancement, and social accountability. This outlook is founded on collaboration and is deeply rooted in cultural and familial connections, regional principles, shared history, and customs.

Form 990, Page 2, Part III, Line 4D

Ally-shoring initiative: the "ally-shoring initiative" is a usmf-led task force of american and mexican stakeholders with investments on both sides of the border, eager to support and help further us-mexico economic collaboration. Among them are prologis, grupo prodensa, arca continental, 3m. The program seeks to offer a unique framework through which the us and mexico can build on more than thirty years of tightly woven co-production and trade, but with an eye towards the future. The two nations can expand their collaboration, enhancing bi-national efforts to create and manufacture transformational exports that support advanced manufacturing r&d, smart borders, and the joint development of us and mexican workforce skills to meet the evolving markets of the 21st century. An ally-shoring framework further supports and enhances the goals of the usmca. The us mexico foundation (usmf) focuses its effort on 3 primary approaches to increasing educational, cultural, and social integration between mexico and the u.s. By public diplmoacy core programs like educational exchange us mexico 360. Also, it educates through its in-house research fellowship and research partners by providing educational and informational documents like think tank monitoring, ally shoring, mexico-bay area, and competitiveness studies for sme's ecosystems. The usmf also attempts to edcuate through media and events, including programs such as the podcast proyecto 1954, opeds in major publications, mexican newscast in the u.s. And through interactive webinars and events. Finally, education transformation fund: through this fund, the usmf provides grants to local ngos who do work in areas aligned with the usmf's mission. Usmf supports educational programs in the areas of stem, english language learning, and civic engagement.

Form 990, Part IX, Line 11G

Contractors 613,861 0 0 payroll service 0 1,846 0 other contractors 27,614 1,166 0 total 641,475 3,012 0

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Security deposits refundable 45,000 pass through liability 28,650

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IRS990/Form990PartVIISectionAGrp/TitleTxt3FUNDRAISING
IRS990/Form990PartVIISectionAGrp/TitleTxt4GOV/NOMINATI
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
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IRS990/MissionDesc0TO PROMOTE BINATIONAL UNDERSTANDING AND COLLABORATION THROUGH EDUCATIONAL PROGRAMS THAT LOOK TO EDUCATE AND EMPOWER MEXICAN YOUTH IN THE AREAS OF STEM, ENGLISH LANGUAGE LEARNING, AND CIVIC ENGAGEMENT.
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IRS990/OtherExpensesGrp/Desc0MEALS AND CATERING
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2OVERHEAD EXPENSES (US)
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IRS990/PrincipalOfficerNm0EMILIO CADENA
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE U.S.-MEXICO 360 PUBLIC DIPLOMACY INITIATIVE: FROM THE U.S.-MEXICO FOUNDATION, PROVIDES THE OPPORTUNITY FOR U.S. AND MEXICAN LEADERS FROM BUSINESSES, THINK TANKS AND OTHER RESEARCH INSTITUTIONS, SCHOOLS AND UNIVERSITIES, AND NGOS TO MEET COUNTERPARTS ON A PROFESSIONAL EDUCATIONAL EXCHANGE IN MEXICO AND THE U.S. PARTICIPANTS REPRESENT A DIVERSE SET OF INSTITUTIONS, AND MANY ASPECTS OF U.S.-MEXICO POLICY, INCLUDING POLITICS AND GOVERNMENT, ECONOMICS AND TRADE, ENERGY, EDUCATION, MEDIA AND COMMUNICATIONS, AND RESEARCH. THE PROGRAM GIVES A 360-DEGREE VIEW OF U.S.- MEXICO RELATIONS, CURRENT AFFAIRS, AND A GLIMPSE INTO MEXICAN AND AMERICAN CULTURE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0379811
IRS990/ProgSrvcAccomActy3Grp/Desc0CONVOCATION: THIS IS AN EDUCATIONAL PROGRAM WHERE EXPERTS AND FORMER AMBASSADORS FROM THE UNITED STATES TO MEXICO AND FROM MEXICO TO THE UNITED STATES CONVENE YEARLY TO DISCUSS THE FUTURE OF THE BILATERAL RELATIONSHIP. THE MAIN TAKEAWAYS FROM THE FIRST DISCUSSION WERE PUBLISHED IN AN INFORMATIVE AND EDUCATIONAL DOCUMENT. TITLE CONVOCATION: A VISION FOR A STRONGER U.S.-MEXICO PARTNERSHIP. THE FIRST CONVOCATION REPORT HAS BEEN VISIBLY PRESENTED TO EDUCATE BILATERAL STAKEHOLDERS AND INTEREST GROUPS IN BOTH COUNTRIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0237257
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ALLY-SHORING INITIATIVE: THE "ALLY-SHORING INITIATIVE" IS A USMF-LED TASK FORCE OF AMERICAN AND MEXICAN STAKEHOLDERS WITH INVESTMENTS ON BOTH SIDES OF THE BORDER, EAGER TO SUPPORT AND HELP FURTHER US-MEXICO ECONOMIC COLLABORATION. AMONG THEM ARE PROLOGIS, GRUPO PRODENSA, ARCA CONTINENTAL, 3M. THE PROGRAM SEEKS TO OFFER A UNIQUE FRAMEWORK THROUGH WHICH THE US AND MEXICO CAN BUILD ON MORE THAN THIRTY YEARS OF TIGHTLY WOVEN CO-PRODUCTION AND TRADE, BUT WITH AN EYE TOWARDS THE FUTURE. THE TWO NATIONS CAN EXPAND THEIR COLLABORATION, ENHANCING BI-NATIONAL EFFORTS TO CREATE AND MANUFACTURE TRANSFORMATIONAL EXPORTS THAT SUPPORT ADVANCED MANUFACTURING R&D, SMART BORDERS, AND THE JOINT DEVELOPMENT OF US AND MEXICAN WORKFORCE SKILLS TO MEET THE EVOLVING MARKETS OF THE 21ST CENTURY. AN ALLY-SHORING FRAMEWORK FURTHER SUPPORTS AND ENHANCES THE GOALS OF THE USMCA. THE US MEXICO FOUNDATION (USMF) FOCUSES ITS EFFORT ON 3 PRIMARY APPROACHES TO INCREASING EDUCATIONAL, CULTURAL, AND SOCIAL INTEGRATION BETWEEN MEXICO AND THE U.S. BY PUBLIC DIPLMOACY CORE PROGRAMS LIKE EDUCATIONAL EXCHANGE US MEXICO 360. ALSO, IT EDUCATES THROUGH ITS IN-HOUSE RESEARCH FELLOWSHIP AND RESEARCH PARTNERS BY PROVIDING EDUCATIONAL AND INFORMATIONAL DOCUMENTS LIKE THINK TANK MONITORING, ALLY SHORING, MEXICO-BAY AREA, AND COMPETITIVENESS STUDIES FOR SME'S ECOSYSTEMS. THE USMF ALSO ATTEMPTS TO EDCUATE THROUGH MEDIA AND EVENTS, INCLUDING PROGRAMS SUCH AS THE PODCAST PROYECTO 1954, OPEDS IN MAJOR PUBLICATIONS, MEXICAN NEWSCAST IN THE U.S. AND THROUGH INTERACTIVE WEBINARS AND EVENTS. FINALLY, EDUCATION TRANSFORMATION FUND: THROUGH THIS FUND, THE USMF PROVIDES GRANTS TO LOCAL NGOS WHO DO WORK IN AREAS ALIGNED WITH THE USMF'S MISSION. USMF SUPPORTS EDUCATIONAL PROGRAMS IN THE AREAS OF STEM, ENGLISH LANGUAGE LEARNING, AND CIVIC ENGAGEMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0681387
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IRS990/ReconcilationRevenueExpnssAmt039315
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01646718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0992525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0568585
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SECURITY DEPOSITS REFUNDABLE 45,000 PASS THROUGH LIABILITY 28,650
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUCATION TRANSFORMA
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PROGRAM SERVICE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1EDUCATION TRANSFORMA
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1NORTH AMERICA
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.27$0.75$2.81$2.74$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.32$0.69$2.74$2.71$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.11$0.80$1.80$1.63$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.12$0.63$0.99$0.83$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.08$0.47$0.71$0.58$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.13$0.33$0.66$0.92$0.26
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.10$0.56$0.15$0.81$0.67
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.14$1.50$0.70$0.63$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.47$1.43$0.83$1.06$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.59$1.65$0.84$1.72$0.88
2014Summary only. Only limited summary data is available for this year.$2.76$0.21$2.55$1.08$1.18$0.10
2013Summary only. Only limited summary data is available for this year.$3.26$0.50$2.76$2.36$1.79$0.57
2012Summary only. Only limited summary data is available for this year.$2.36$0.17$2.19$1.14$1.13$0.01
2011Summary only. Only limited summary data is available for this year.$2.23$0.05$2.18$2.10$0.59$1.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.05$0.67$0.49