FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION INC (EIN 133249351) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

MIGUEL ALEMAN VELASCO

Phone

9735099509

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION INC, founded in 1984, is a small nonprofit in the International Affairs sector that reported $862K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $788K left a modest 9% surplus.

Mission

TO PROVIDE SUPPORT IN MEXICO TO DEVELOPMENT PROGRAMS INITIATED BY MEXICANS IN THE FIELDS OF HEALTH, THE HUMANITIES, EDUCATION, TOURISM, RURAL DEVELOPMENT, DISASTER RELIEF, AND SUSTAINABLE DEVELOPMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $830,256

Program Service Revenue $0

Investment Income $32,152

Other Revenue $0

TOTAL REVENUE $862,408

Expense Breakdown

Grants Paid $755,596

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $755,596

Other Expenses $31,986

TOTAL EXPENSES $787,582

Year-over-Year Comparison

	2024	2023	Change
Revenue	$862,408	$793,319	+0.1%
Expenses	$787,582	$477,299	+0.7%
Net Income	$74,826	$316,020	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIGUEL ALEMAN VELASCO	CHAIRMAN & PRESIDENT	1.00	Officer Director	$0	$0	$0
CLAUDIA ALEMAN MAGNANI	VP & TREASURER	1.00	Officer Director	$0	$0	$0
SAM MEACHAM	DIRECTOR	1.00	Director	$0	$0	$0
DAME JILL SACKLER	DIRECTOR	1.00	Director	$0	$0	$0
ANN BROWNELL SLOANE	SECRETARY	1.00	Officer Director	$0	$0	$0
DOMINIQUE RISSOLO	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$862,408	$787,582	$589,984	$74,826
2023	$793,319	$477,299	$506,821	$316,020
2022	$774,829	$702,731	$185,801	$72,098
2021	$835,695	$791,033	$120,503	$44,662
2020	$1,203,630	$1,176,310	$74,775	$27,320
2019	$113,601	$358,604	$41,721	$-245,003
2018	$427,862	$214,814	$306,769	$213,048

FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION INC