MI FAMILIA VOTA

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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

2008

Legal Domicile

Principal Officer

HECTOR SANCHEZ BARBA

Phone

6022632030

Tax Period

2023-01-01 to 2023-12-31

MI FAMILIA VOTA, founded in 2008, is a community nonprofit in the Civil Rights & Advocacy sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $565K, a strong 29% operating margin.

Mission

MI FAMILIA VOTA IS A NATIONAL CIVIC ENGAGEMENT ORGANIZATION THAT ADVOCATES ON SOCIAL AND ECONOMIC ISSUES THAT IMPACT THE LATINO COMMUNITY FROM IMMIGRATION TO WORKERS RIGHTS. MFV WORKS TO EXPAND THE ELECTORATE THROUGH DIRECT, SUSTAINABLE CITIZENSHIP, VOTER REGISTRATION, CENSUS EDUCATION, INTERNET EDUCATION, AND COMMUNITY ORGANIZING IN KEY STATES.

Program Service Accomplishments

Program 1

Expenses: $975,560

AS MFV GEARS UP FOR THE 2024 ELECTIONS, OUR FOCUS EXTENDS BEYOND IMMEDIATE ELECTORAL SUCCESS TO FOSTERING A LONG-TERM STRATEGIC FRAMEWORK AIMED AT AMPLIFYING THE POLITICAL INFLUENCE AND...

AS MFV GEARS UP FOR THE 2024 ELECTIONS, OUR FOCUS EXTENDS BEYOND IMMEDIATE ELECTORAL SUCCESS TO FOSTERING A LONG-TERM STRATEGIC FRAMEWORK AIMED AT AMPLIFYING THE POLITICAL INFLUENCE AND REPRESENTATION OF THE LATINO COMMUNITY. THE UPCOMING ELECTIONS ARE VIEWED AS A VITAL OPPORTUNITY TO DEEPEN CIVIC ENGAGEMENT AND INSTILL AN UNDERSTANDING OF CIVIC RESPONSIBILITY AMONG LATINOS. THIS INCLUDES A COMMITMENT TO NURTURING FUTURE LEADERS AND ENSURING LATINO VOICES ARE REPRESENTED AT ALL LEVELS OF GOVERNMENT, THEREBY LAYING THE GROUNDWORK FOR PROPORTIONAL REPRESENTATION IN THE FUTURE. OUR STRATEGY ENCOMPASSES EMPOWERING THE COMMUNITY THROUGH EDUCATION, HEALTH, ENVIRONMENTAL JUSTICE, AND CIVIL RIGHTS INITIATIVES, ENHANCING RESILIENCE, AND PROMOTING INFORMED PARTICIPATION. EMBRACING TECHNOLOGY FOR DYNAMIC VOTER ENGAGEMENT AND ADAPTING TO DEMOGRAPHIC SHIFTS WILL BE KEY. OUR COALITION BUILDING AND POLICY ADVOCACY WILL EXPAND OUR INFLUENCE ON BROADER ISSUES AFFECTING LATINOS, WHILE SECURING DIVERSIFIED FUNDING SOURCES WILL ENSURE MFAS SUSTAINABILITY AND CAPACITY TO DRIVE LONG-TERM CHANGE.

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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 $1,953,033

Program Service Revenue $0

Investment Income $22,477

Other Revenue $0

TOTAL REVENUE $1,975,510

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $773,752

Fundraising Expenses $78,929

Program Expenses $975,560

Other Expenses $627,023

TOTAL EXPENSES $1,410,775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,975,510	$3,856,983	-0.5%
Expenses	$1,410,775	$4,699,165	-0.7%
Net Income	$564,735	$-842,182	-1.7%

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

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

$600,576

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HECTOR SANCHEZ BARBA	EXECUTIVE DIRECTOR CEO	004.00	Officer	$25,200	$19,972	$271,972
PAUL EDMEIER	CHIEF FINANCIAL OFFICER	004.00	Officer	$29,400	$0	$172,400
CARLOS DUARTE	CHIEF DEVELOPMENT OFFICER	004.00	Officer	$17,341	$14,293	$156,204
MARIAN D COOK	HCE	004.00	Highest	$12,366	$7,372	$131,035
NAOMI JOZOVICH	HCE	004.00	Highest	$11,353	$7,372	$120,899
CAROLINA RODRIGUEZ	HCE	004.00	Highest	$10,350	$7,372	$110,872
KRISTIAN AQUILAR	HCE	004.00	Highest	$10,159	$7,372	$108,960
MARCELO GAETE	PRESIDENT	002.00	Officer Director	$0	$0	$0
DR GABRIELA LEMUS	TREASURER	002.00	Officer Director	$0	$0	$0
MARIA ECHAVESTE	SECRETARY	002.00	Officer Director	$0	$0	$0
ROCIO SAENZ	DIRECTOR	002.00	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	No data	No data	No data	No data
2023	$1,975,510	$1,410,775	$3,979,072	$564,735
2022	$4,167,044	$4,652,664	$2,962,584	$-485,620
2021	$637,356	$1,057,571	$3,682,795	$-420,215
2020	$7,479,479	$4,766,198	$4,477,081	$2,713,281
2019	$620,327	$1,431,523	$1,739,924	$-811,196
2019	$567,492	$1,451,167	$1,725,566	$-883,675
2018	$2,591,314	$2,099,569	$2,515,128	$491,745