Civic Intelligence

Fomento Educacional Ac

990PF • Fiscal year 2023 • EIN 98-0116396

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 17, 2024

Organization Profile
Paseo DE LA Reforma 450lomas Chap-dCiudad DE Mexico 11000Mx

(555) 543-7126

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

53rd percentile

0.13x

Higher debt load relative to revenue than 53% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Source year 2023

Net Margin

88th percentile

48%

Higher net margin than 88% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2023 filings • $5M-$10M nonprofits • Source year 2023

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

34%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$8,332,569

Up $834,055 (+11%) from 2022

Net Assets

Up

$8,241,766

Up $816,559 (+11%) from 2022

Liabilities

Up

$90,803

Up $17,496 (+24%) from 2022

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin88th percentile

Revenue

Up

$696,784

Up $177,092 (+34%) from 2022

Expenses

Up

$360,043

Up $122,557 (+52%) from 2022

Net Income

Up

$336,741

Up $54,535 (+19%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$10M$5.0M$0Assets 2011: $5,916,928Liabilities 2011: $52,356Net Assets 2011: $5,864,5722011Assets 2012: $6,500,448Liabilities 2012: $56,691Net Assets 2012: $6,443,7572012Assets 2013: $6,492,774Liabilities 2013: $56,7892013Assets 2014: $6,622,054Liabilities 2014: $58,4642014Assets 2015: $6,312,965Liabilities 2015: $60,3402015Assets 2019: $6,969,890Liabilities 2019: $70,9762019Assets 2020: $7,343,283Liabilities 2020: $63,132Net Assets 2020: $7,280,1512020Assets 2021: $7,544,855Liabilities 2021: $67,138Net Assets 2021: $7,477,7172021Assets 2022: $7,498,514Liabilities 2022: $73,307Net Assets 2022: $7,425,2072022Assets 2023: $8,332,569Liabilities 2023: $90,803Net Assets 2023: $8,241,7662023Assets 2024: $8,663,060Liabilities 2024: $87,462Net Assets 2024: $8,575,5982024

Highlighted filing

2023

Assets$8,332,569
Liabilities$90,803
Net Assets$8,241,766
Open 2023 Filing

Operations Trend

Revenue Growth78th percentile

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

$1.0M$500K$0Revenue 2011: $878,767Expenses 2011: $161,042Net Income 2011: $717,7252011Revenue 2012: $314,065Expenses 2012: $149,477Net Income 2012: $164,5882012Revenue 2013: $596,023Expenses 2013: $283,944Net Income 2013: $312,0792013Revenue 2014: $585,340Expenses 2014: $216,178Net Income 2014: $369,1622014Revenue 2015: $585,478Expenses 2015: $345,288Net Income 2015: $240,1902015Revenue 2019: $558,165Expenses 2019: $359,382Net Income 2019: $198,7832019Revenue 2020: $393,578Expenses 2020: $191,939Net Income 2020: $201,6392020Revenue 2021: $415,574Expenses 2021: $243,272Net Income 2021: $172,3022021Revenue 2022: $519,692Expenses 2022: $237,486Net Income 2022: $282,2062022Revenue 2023: $696,784Expenses 2023: $360,043Net Income 2023: $336,7412023Revenue 2024: $633,201Expenses 2024: $371,109Net Income 2024: $262,0922024

Highlighted filing

2023

Revenue$696,784
Expenses$360,043
Net Income$336,741
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 17, 2024
Return Version
2023v5.0
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NANCY PEARSONMember-$0--
BARBARA J FRANCO LICSecretary-$0--
EDUARDO L MIQUELPresident-$0--
MICHELE BELTRANMember-$0--
JOSE CARLOS RODRIGUEZ PUEBLITAMember-$0--
PURDY C JORDANMember-$0--
JUAN CASILLAS RUPPERTMember-$0--
RODRIGO SANCHEZ-MEJORADA LICMember-$0--
EDUARDO SIQUEIROS TWOMEY LICMember-$0--
MARY O'KEEFEMember-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantCOMISION MEXICO ESTADOS UNIDOSSUPPORT BI-CULTURAL EXCHANGENCCIUDAD DE MEXICO, MX$62,031
Paid GrantACADEMIA DE MUSICA DEL PALACIO DE MSUPPORT BI-CULTURAL EXCHANGENCCIUDAD DE MEXICO, MX$53,572
Paid GrantSAN MIGUEL METOPERA TRUST ACSUPPORT BI-CULTURAL EXCHANGENCCIUDAD DE MEXICO, MX$20,301
Paid GrantENSAMBLE CORAL VOCE IN TEMPORE ACSUPPORT BI-CULTURAL EXCHNAGENCCIUDAD DE MEXICO, MX$4,088
Filing and Contact Details

Filer

Filer Name
Fomento Educacional Ac
EIN
98-0116396
Phone
5555437126
Address
MX

Signing Officer

Name
Eduardo L Miquel
Title
President
Phone
5555437126
Signed
2024-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Julian J Rodriguez Pa
Address
2600 S DOUGLAS RD STE 900, CORAL GABLES, FL 33134-6149
Preparer
Tenille F Fabian
Phone
3054450777
Raw XML AppendixShowing 400 of 494 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.

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InvestmentsLandSchedule2/InvestmentLandGrp/AccumulatedDepreciationAmt0712051
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InvestmentsLandSchedule2/InvestmentLandGrp/CategoryOrItemTxt1DONATED BUILDING - 1968
InvestmentsLandSchedule2/InvestmentLandGrp/CostOrOtherBasisAmt01047191
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IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt0106310
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IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0336741
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt0479818
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt08241766
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt07425207
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt08241766
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt00
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt07449
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.FOMENTOEDUCACIONALAC.ORG.MX
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0ACADEMIA DE MUSICA DEL PALACIO DE MINERIA AC BICULTURAL PROJECT CONSISTS OF TRANSMITTING AND DISSEMINATING ART AND CULTURE ON NETWORKS AND WEBSITES, THROUGH LIVE AND RECORDED CONCERTS, WITH THE PARTICIPATION OF THE SYMPHONY ORCHESTRA OF MINING, AS WELL AS INTERVIEWS OR TALKS BY NORTH AMERICAN MUSICIANS, IN ORDER TO ENRICH THE CULTURE BETWEEN MEXICO AND THE UNITED STATES.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0COMISION MEXICO ESADOS UNIDOS FISO 22927 LIMON4KIDS EN LOS SEMILLEROS CREATIVOS
IRS990PF/SummaryOfDirectChrtblActyGrp/Description3Txt0COMISION MEXICO ESADOS UNIDOS FISO 22927 COLLABORATIVE ONLINE INTERNATIONAL LEARNING COIL
IRS990PF/SummaryOfDirectChrtblActyGrp/Description4Txt0SAN MIGUEL METOPERA TRUST AC SEE ADDITIONAL DETAILS IN PART XIV, PAGE 11, QUESTION 3A
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt053572
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IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses3Amt021429
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientEmailAddressTxt0[email protected]
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientForeignAddress/ForeignPostalCd0110000
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt220301
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt34088
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0SUPPORT BI-CULTURAL EXCHANGE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1SUPPORT BI-CULTURAL EXCHANGE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2SUPPORT BI-CULTURAL EXCHANGE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3SUPPORT BI-CULTURAL EXCHNAGE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0ACADEMIA DE MUSICA DEL PALACIO DE M
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1COMISION MEXICO ESTADOS UNIDOS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2SAN MIGUEL METOPERA TRUST AC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3ENSAMBLE CORAL VOCE IN TEMPORE AC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/AddressLine1Txt0PERIFERICO SUR 4225
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/AddressLine1Txt1PASEO DE LA REFORMA 510
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/AddressLine1Txt2AVENIDA INSURGENTES SUR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/AddressLine1Txt3HACIENDA DE LA GAVIA 48
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/AddressLine2Txt3COL FLORESTA COYOACAN
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CityNm1CIUDAD DE MEXICO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CityNm2CIUDAD DE MEXICO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CityNm3CIUDAD DE MEXICO
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientForeignAddress/CountryCd3MX
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt3NC
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,332,569
Liabilities
$90,803
Net assets
$8,241,766
Revenue
$696,784
Expenses
$360,043
Net income
$336,741
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.66$0.09$8.58$0.63$0.37$0.26
2023Detailed filing. Detailed filing data is available for this year.$8.33$0.09$8.24$0.70$0.36$0.34
2022Detailed filing. Detailed filing data is available for this year.$7.50$0.07$7.43$0.52$0.24$0.28
2021Detailed filing. Detailed filing data is available for this year.$7.54$0.07$7.48$0.42$0.24$0.17
2020Detailed filing. Detailed filing data is available for this year.$7.34$0.06$7.28$0.39$0.19$0.20
2019Summary only. Only limited summary data is available for this year.$6.97$0.07$0.56$0.36$0.20
2015Summary only. Only limited summary data is available for this year.$6.31$0.06$0.59$0.35$0.24
2014Summary only. Only limited summary data is available for this year.$6.62$0.06$0.59$0.22$0.37
2013Summary only. Only limited summary data is available for this year.$6.49$0.06$0.60$0.28$0.31
2012Summary only. Only limited summary data is available for this year.$6.50$0.06$6.44$0.31$0.15$0.16
2011Summary only. Only limited summary data is available for this year.$5.92$0.05$5.86$0.88$0.16$0.72