Civic Intelligence

Fomares Inc

EIN 88-2732309 • 501(c)3 • Mexico City, Mexico, MX

Profile

Fomares ocean conservation fund. Private international non-profit trust fund incorporated in the united states looking to achieve sustainable and significant protection for ocean and coastal conservation. Fomares is working to protect the ocean, coastal zones and surrounding waters with accountable actions and measurable results. In mexico the marine surface is 1.5 times bigger than its land surface. It is 315 million hectares big and it is connected with the pacific ocean, the gulf of mexico, the sea of cortez and the caribbean sea all of these are home to an unparalleled biodiversity, making mexico one of the most biodiverse countries in the world.

Avenida Explanada Ste 1130 BMexico City, Mexico 1100Mx

www.fomares.org/es

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$70,387

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$67,731

No earlier filing loaded for comparison.

Revenue

$153,689

No earlier filing loaded for comparison.

Expenses

$87,884

No earlier filing loaded for comparison.

Net Income

$65,805

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2024: $70,387Net Assets 2024: $67,7312024

Highlighted filing

2024

Assets$70,387
Liabilities-
Net Assets$67,731

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2024: $153,689Expenses 2024: $87,884Net Income 2024: $65,8052024

Highlighted filing

2024

Revenue$153,689
Expenses$87,884
Net Income$65,805

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.70$0.68$1.54$0.88$0.66
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.2
Gross Receipts
$153,689
Mission and Program Overview

Mission

Fomares ocean conservation fund. Private international non-profit trust fund incorporated in the united states looking to achieve sustainable and significant protection for ocean and coastal conservation. Fomares is working to protect the ocean, coastal zones and surrounding waters with accountable actions and measurable results. In mexico the marine surface is 1.5 times bigger than its land surface. It is 315 million hectares big and it is connected with the pacific ocean, the gulf of mexico, the sea of cortez and the caribbean sea all of these are home to an unparalleled biodiversity, making mexico one of the most biodiverse countries in the world.

Program Services

DescriptionGrantsExpenses
THE AMOUNT RECEIVED WERE CONTRIBUTIONS FROM 2 FOUNDATION--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GABRIELA GOMEZ GONZALEZDirectorPT$0--
MARIO GERARDO GOMEZ CRUZVice PresidentPT$0--
DIANA PINA VELASCODirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Fomares Inc
EIN
88-2732309
Phone
3468434423
Address
MX

Signing Officer

Name
Elvis Antonio Cartaya Ovalles
Title
General Manager
Phone
8325609008
Signed
2025-05-01
Discuss with paid preparer
No

Preparer

Firm
The Goliards LLC
Address
27942 WESTERN CREEK CT, KATY, TX 77494
Preparer
Elvis Antonio Cartaya Ovalles
Phone
8325609008
Supplemental Narrative

Additional Explanations

Part I, Line 16

1) other expenses grants contracts amount 65898 2) other expenses other fomares administration amount 21986

Raw XML Appendix124 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/ForeignAddress/AddressLine1Txt0BERNARDO QUINTANA 51 - CAPISTRANO 6
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CityNm0MEXICO CITY
IRS990EZ/BooksInCareOfDetail/ForeignAddress/CountryCd0MX
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ForeignPostalCd001376
IRS990EZ/BooksInCareOfDetail/ForeignAddress/ProvinceOrStateNm0MEXICO
IRS990EZ/BooksInCareOfDetail/PersonNm0GABRIELA GOMEZ GONZALEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum03468434423
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01926
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt070387
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0153684
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt065805
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeCountryCd0MX
IRS990EZ/ForeignOfficeInd01
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form720FiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01926
IRS990EZ/Form990TotalAssetsGrp/EOYAmt070387
IRS990EZ/GrossReceiptsAmt0153689
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01926
IRS990EZ/NetAssetsOrFundBalancesEOYAmt067731
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01926
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt070387
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GABRIELA GOMEZ GONZALEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIO GERARDO GOMEZ CRUZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DIANA PINA VELASCO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherExpensesTotalAmt087884
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FOMARES OCEAN CONSERVATION FUND. PRIVATE INTERNATIONAL NON-PROFIT TRUST FUND INCORPORATED IN THE UNITED STATES LOOKING TO ACHIEVE SUSTAINABLE AND SIGNIFICANT PROTECTION FOR OCEAN AND COASTAL CONSERVATION. FOMARES IS WORKING TO PROTECT THE OCEAN, COASTAL ZONES AND SURROUNDING WATERS WITH ACCOUNTABLE ACTIONS AND MEASURABLE RESULTS. IN MEXICO THE MARINE SURFACE IS 1.5 TIMES BIGGER THAN ITS LAND SURFACE. IT IS 315 MILLION HECTARES BIG AND IT IS CONNECTED WITH THE PACIFIC OCEAN, THE GULF OF MEXICO, THE SEA OF CORTEZ AND THE CARIBBEAN SEA ALL OF THESE ARE HOME TO AN UNPARALLELED BIODIVERSITY, MAKING MEXICO ONE OF THE MOST BIODIVERSE COUNTRIES IN THE WORLD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE AMOUNT RECEIVED WERE CONTRIBUTIONS FROM 2 FOUNDATION
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/RelatedOrgSect527OrgInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt087884
IRS990EZ/TotalRevenueAmt0153689
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.fomares.org/es
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153684
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0150700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0304384
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0304384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0153684
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0150700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0304384
IRS990ScheduleA/TotalSupportAmt0304389
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) OTHER EXPENSES GRANTS CONTRACTS AMOUNT 65898 2) OTHER EXPENSES OTHER FOMARES ADMINISTRATION AMOUNT 21986
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0ELVIS ANTONIO CARTAYA OVALLES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum08325609008
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOMARES INC
ReturnHeader/Filer/BusinessNameControlTxt0FOMA
ReturnHeader/Filer/EIN0882732309
ReturnHeader/Filer/ForeignAddress/AddressLine1Txt0AVENIDA EXPLANADA STE 1130 B
ReturnHeader/Filer/ForeignAddress/CityNm0MEXICO CITY
ReturnHeader/Filer/ForeignAddress/CountryCd0MX
ReturnHeader/Filer/ForeignAddress/ForeignPostalCd01100
ReturnHeader/Filer/ForeignAddress/ProvinceOrStateNm0MEXICO
ReturnHeader/Filer/PhoneNum03468434423
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0882930326
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE GOLIARDS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt027942 WESTERN CREEK CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KATY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077494
ReturnHeader/PreparerPersonGrp/PhoneNum08325609008
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELVIS ANTONIO CARTAYA OVALLES
ReturnHeader/ReturnTs02025-06-24T16:50:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.