Civic Intelligence

Friends of Monarch Effect Foundation Inc

EIN 99-3542890 • 501(c)3 • Plano, TX

Profile

The organization's mission is to support the activities conducted by the monarch effect foundation, a charitable entity in mexico, including activities regarding the scholarship program, mentorship program, marketing, fundraising, and administration.

7800 Dallas Pkwy Ste 310Plano, TX 75024
Siviq Scores

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

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

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 2025

Asset Growth

95th percentile

165%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

97th percentile

292%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets75th percentile

Assets

$58,444

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$58,444

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue75th percentileNet Margin83rd percentile

Revenue

$66,852

No earlier filing loaded for comparison.

Expenses

$8,408

No earlier filing loaded for comparison.

Net Income

$58,444

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth95th percentile

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

$60K$40K$20K$0Assets 2024: $58,444Liabilities 2024: $0Net Assets 2024: $58,4442024

Highlighted filing

2024

Assets$58,444
Liabilities$0
Net Assets$58,444
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$80K$60K$40K$20K$0Revenue 2024: $66,852Expenses 2024: $8,408Net Income 2024: $58,4442024

Highlighted filing

2024

Revenue$66,852
Expenses$8,408
Net Income$58,444
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$58,444
Liabilities
$0
Net assets
$58,444
Revenue
$66,852
Expenses
$8,408
Net income
$58,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.4$0.00$58.4$66.9$8.41$58.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
May 8, 2024 to Dec 31, 2024
Signed
Jun 9, 2025
Return Version
2024v5.1
Gross Receipts
$66,852
Mission and Program Overview

Mission

The organization's mission is to support the activities conducted by the monarch effect foundation, a charitable entity in mexico, including activities regarding the scholarship program, mentorship program, marketing, fundraising, and administration.

To support the activities conducted by the monarch effect foundation, a charitable entity in mexico, including activities regarding the scholarship program, mentorship program, marketing, fundraising, and administration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$58,444▲ $58,444
Total Assets$0$58,444▲ $58,444
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$58,444▲ $58,444
Total Net Assets Fund Balance$0$58,444▲ $58,444
Total Liabilities and Net Assets / Fund Balance$0$58,444▲ $58,444
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Eric ParizekPresident
Alberto Fernandez SanchezVice President
Elizabeth Islas FernandezVice President
Joaquin Tello De MenesesDirector
Lisa HeidSecretary
Sarah WilliamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$66,852
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$66,852
Change in Net Assets
$58,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,229
Other Expenses$2,179
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$6,229--$6,229
Other Expenses$1,086--$1,086
Advertising$988--$988
Office Expenses$105--$105
Total Functional Expenses$8,408$0$0$8,408
International Activity

International Summary

Offices
0
Employees
0
Spending
$0

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
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Vice president alberto fernandez sanchez and vice president elizabeth islas fernandez are husband and wife.”

Form 990, Part VI, Section B, Line 11B

“A copy of form 990 was provided to the organization's governing body before it was filed, and the governing body reviewed the form in accordance with the organization's bylaws.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Persons requesting said information must submit their request in writing.”

Filing and Contact Details

Filer

Filer Name
Friends of Monarch Effect Foundation Inc
EIN
99-3542890
Phone
9703938693
Address
7800 DALLAS PKWY STE 310, PLANO, TX 75024

Signing Officer

Name
Eric Parizek
Title
President
Phone
9703938693
Signed
2025-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Parizek
Formed
2024
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Sanders & Company LLC
Address
3710 RAWLINS SUITE 1210, DALLAS, TX 75219
Preparer
Joseph C Murray
Phone
9724041636
Raw XML Appendix300 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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IRS990/GrantsToOrganizationsInd00
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IRS990/GrossReceiptsAmt066852
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THIS IS A SHORT-YEAR RETURN. THE FOUNDATION WAS FORMED ON MAY 8, 2024.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VICE PRESIDENT ALBERTO FERNANDEZ SANCHEZ AND VICE PRESIDENT ELIZABETH ISLAS FERNANDEZ ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED, AND THE GOVERNING BODY REVIEWED THE FORM IN ACCORDANCE WITH THE ORGANIZATION'S BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PERSONS REQUESTING SAID INFORMATION MUST SUBMIT THEIR REQUEST IN WRITING.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH C MURRAY
ReturnHeader/ReturnTs02025-06-09T10:11:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-05-08
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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