FRIENDS OF CETYS FOUNDATION

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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

2010

Legal Domicile

Phone

7609701916

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF CETYS FOUNDATION, founded in 2010, is a small nonprofit in the Education sector that reported $534K in total revenue in fiscal year 2023. The organization ran a surplus of $283K, a strong 53% operating margin.

Mission

Program Service Accomplishments

Program 1

Expenses: $150,000

THE MISSION OF THE FRIENDS OF CETYS FOUNDATION IS TO FUND AND SUPPORT INSTITUTO EDUCATIVO DEL NOROESTE AC, A MEXICAN EDUCATIONAL AND CHARITABLE ORGANIZATION WHICH PERFORMS, PROMOTES, FOSTERS AND...

THE MISSION OF THE FRIENDS OF CETYS FOUNDATION IS TO FUND AND SUPPORT INSTITUTO EDUCATIVO DEL NOROESTE AC, A MEXICAN EDUCATIONAL AND CHARITABLE ORGANIZATION WHICH PERFORMS, PROMOTES, FOSTERS AND SUPPORTS SECONDARY AND HIGHER EDUCATION UNDER THE NAME OF CENTRO DE ENSENANZA TECNICA Y SUPERIOR ("CETYS"), ALSO KNOWN AS CETYS UNIVERSIDAD OR CETYS UNIVERSITY IN ITS GROWTH AND DEVELOPMENT AS IT STRIVES TO BECOME ONE OF THE LEADING HIGHER EDUCATION INSTITUTIONS IN MEXICO. CETYS UNIVERSITY (AUSPICED BY INSTITUTO EDUCATIVO DEL NOROESTE A.C.) IS AMONG THE TOP UNIVERSITIES IN MEXICO AND THE FIRST TO ACHIEVE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES ACCREDITATION OUTSIDE THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $512,412

Program Service Revenue $0

Investment Income $0

Other Revenue $21,169

TOTAL REVENUE $533,581

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $64,800

Fundraising Expenses $0

Program Expenses $150,000

Other Expenses $35,970

TOTAL EXPENSES $250,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$533,581	N/A	N/A
Expenses	$250,770	N/A	N/A
Net Income	$282,811	N/A	N/A

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

N/A

Employees

Volunteers

N/A

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
ARTURO GUAJARDO	Director	1.00	Director	$0	$0	$0
ALBERTO PEREZ	Director	1.00	Director	$0	$0	$0
EARL ROBERTS	Vice President	1.00	Director	$0	$0	$0
MANUEL HERNANDEZ	Treasurer	3.00	Officer	$0	$0	$0
MEREDITH GARCIA	Secretary	3.00	Officer	$0	$0	$0
JAIME HONOLD	President	6.50	Officer	$0	$0	$0
VICTOR JAIME	Director	1.00	Officer	$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	No data	No data	No data	No data
2023	$533,581	$250,770	$402,280	$282,811
2019	$380,147	$791,919	$31,489	$-411,772
2018	$431,474	$17,410	$441,774	$414,064