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.”
990 • Fiscal year 2022 • EIN 74-2984884
Scores are not available for this record yet.
Assets
Up$756,409
Up $6,915 (+0.9%) from 2021
Net Assets
Up$648,257
Up $14,712 (+2.3%) from 2021
Liabilities
Down$108,152
Down $7,797 (-6.7%) from 2021
Revenue
Up$1,647,462
Up $654,228 (+66%) from 2021
Expenses
Up$1,632,750
Up $805,917 (+97%) from 2021
Net Income
Down$14,712
Down $151,689 (-91%) from 2021
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $485,152 | $485,896 | ▲ $744 |
| Cash and Non-Interest-Bearing Accounts | $121,542 | $205,376 | ▲ $83,834 |
| Accounts Receivable | $142,500 | $64,837 | ▼ $77,663 |
| Total Assets | $749,494 | $756,409 | ▲ $6,915 |
| Other Assets Total | $300 | $300 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $115,949 | $108,152 | ▼ $7,797 |
| Total Liabilities | $115,949 | $108,152 | ▼ $7,797 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $316,301 | $648,257 | ▲ $331,956 |
| Net Assets With Donor Restrictions | $317,244 | - | - |
| Total Net Assets Fund Balance | $633,545 | $648,257 | ▲ $14,712 |
| Total Liabilities and Net Assets / Fund Balance | $749,494 | $756,409 | ▲ $6,915 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | - | $4,259 | $4,259 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Enrique Perret Erhard | Board Member | FT | $278,333 | $15,995 | $294,328 |
| Enrique Perret Erhard | Board Member/mgt | - | $208,333 | $85,995 | $294,328 |
| Name | Title |
|---|---|
| Emilio Cadena | Chair |
| Ivan Zapien | Vice Chair |
| Ajejandro Quiroz | Board Member |
| Amy Dacey | Board Member |
| Antonio Ortiz Mena | Board Member |
| Caio Zapata | Board Member |
| Eduardo Canales | Board Member |
| Eva Fernandez | Board Member |
| Guillermo Romo | Board Member |
| Hector Lujan | Board Member |
| Jana Nelson | Board Member |
| John Kluge | Board Member |
| Lourdes Aranda | Board Member |
| Lucy Lawrence | Board Member |
| Madelka Mccalla | Board Member |
| Pati Jinich | Board Member |
| Rolando Pablos | Board Member |
| Scott Myers | Board Member |
| Stoney Burke | Board Member |
| Walter Ulloa | Board Member |
| Ana Mondragon | Fundraising |
| Andres Martinez | Gov/nominati |
| David Jimenez | Programs |
| Devry Boughner Vorwerk | Treasurer |
| Sean Salas | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,052,557 |
| Salaries, Compensation, and Employee Benefits | $530,643 |
| Total Fundraising Expense | $81,758 |
| Grants and Similar Amounts Paid | $49,550 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $787,221 | $1,213 | $1,545 | $789,979 |
| Current Officers, Directors, Trustees, and Key Employees | $208,651 | - | $69,682 | $278,333 |
| Other Salaries and Wages | $154,248 | $41,624 | $2,550 | $198,422 |
| Travel | $100,956 | $27,741 | $838 | $129,535 |
| Foreign Grants | $49,550 | - | - | $49,550 |
| Other Employee Benefits | - | $28,513 | - | $28,513 |
| Payroll Taxes | $18,969 | $1,671 | $4,735 | $25,375 |
| Occupancy | $15,084 | $3,470 | - | $18,554 |
| Information Technology | $3,825 | $5,819 | - | $9,644 |
| Advertising | $5,884 | - | - | $5,884 |
| Office Expenses | $2,234 | $724 | $2,249 | $5,207 |
| Other Expenses | $1,485 | $554 | $-948 | $2,039 |
| Fees for Services Accounting | - | $782 | - | $782 |
| Insurance | - | $751 | - | $751 |
| Total Functional Expenses | $1,421,955 | $129,037 | $81,758 | $1,632,750 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,656,086 |
| Expenses per Audited Statements | $1,632,750 |
| Total Expenses per Form 990 | $1,632,750 |
| Expenses Not Reported on Form 990 | $23,336 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| North America | Program Services | Education Transforma | - | - | $49,550 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“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.”
“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.”
“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”
“This return is being amended to correct the contributions and accounts receivable, officer's compensation, and grants to entities outside united states. Form 990, page 9, part viii, line 1f decreased 152,295. Form 990, page 11, part x, line 4 decreased 152,295. Form 990, page 7, part vii; and page 10, part ix, officer's compensation increased to 278,333. Form 990, schedule f, grants to entities outside the united states increased by 39,550.”
“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 fruther supports and enhances the goals of the usmca.”
“The us mexico foundation (usmf) foucses 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 provising educational and informational documents like think tank monitoring, ally shoring, mexico-bay area, adn 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. 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.”
“Contractors 787,221 799 0 professional fees 0 414 1,545 total 787,221 1,213 1,545”
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/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | PROGRAMS |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | BOARD MEMBER |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | BOARD MEMBER |
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| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 3825 |
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| IRS990/MissionDesc | 0 | 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. |
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| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND SUBSCRIPTIONS |
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| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | -948 |
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| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 6266 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 554 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1485 |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | 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 FRUTHER SUPPORTS AND ENHANCES THE GOALS OF THE USMCA. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | CONVOCATION: 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.-MEXISO PARTNERSHIP. THE FIRST CONVOCATION REPORT HAS BEEN VISIBLY PRESENTED TO EDUCATE BILATERAL STAKEHOLDERS AND INTEREST GROUPS IN BOTH COUNTRIES. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 5780 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | THE US MEXICO FOUNDATION (USMF) FOUCSES 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 PROVISING EDUCATIONAL AND INFORMATIONAL DOCUMENTS LIKE THINK TANK MONITORING, ALLY SHORING, MEXICO-BAY AREA, ADN 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. 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. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 1024407 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 39550 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 992525 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
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| IRS990/PYInvestmentIncomeAmt | 0 | 709 |
| IRS990/PYOtherExpensesAmt | 0 | 274419 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 166401 |
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| IRS990/PYTotalExpensesAmt | 0 | 826833 |
| IRS990/PYTotalRevenueAmt | 0 | 993234 |
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| IRS990/ReconcilationRevenueExpnssAmt | 0 | 14712 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 485152 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 485896 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | 1,297 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | CONTRIBUTOR NAME TOTAL CONTRIBUTION LESS 2% EXCESS AMOUNT AMAZON WEB SERVICES INC. 132,640.00 83,681.58 48,958.42 CONSEJO MEXICANO DE NEGOCIOS 631,500.00 83,681.58 547,818.42 COPPEL CORPORATION 194,500.00 83,681.58 110,818.42 MANUEL LUIS BARRAGAN MORALES 300,000.00 83,681.58 216,318.42 ORGANIZACION JMEM AC 144,774.00 83,681.58 61,092.42 QUICKBOOKS, INTUIT INC. 100,000.00 83,681.58 16,318.42 SECRETARIA DE COMUNICACIONES 101,511.00 83,681.58 17,829.42 TOTAL 1,019,153.94 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | SUPPLEMENTAL INFORMATION |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.