MIJENTE

EIN: 813459266 Community Improvement

PHOENIX, AZ

Total Revenue
$2,609,006
Total Expenses
$3,123,796
Total Assets
$3,996,910
Net Assets
$3,747,523
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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
2016
Legal Domicile
AZ
Principal Officer
MARISA FRANCO
Phone
8287138700
Tax Period
2024-01-01 to 2024-12-31

MIJENTE, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 165% from the prior year, signaling strong growth momentum. Expenses of $3.1M exceeded revenue, resulting in a 20% operating deficit.

Mission

WE ARE LATINX AND CHICANX PEOPLE WHO WANT TO SEE OUR ENTIRE COMMUNITY THRIVE, BROUGHT TOGETHER BY A SHARED CONSCIOUSNESS OF THE CHALLENGES WE FACE AND A DEEP SEATED NEED FOR CO-DEVELOPMENT AND KINSHIP ACROSS IDENTITY, GENERATION, LANGUAGE AND PLACE. WE ORGANIZE PEOPLE, TECHNOLOGY AND RESOURCES TO ACHIEVE CHANGE.

Program Service Accomplishments

Program 1
Expenses: $2,561,531 Revenue: $38,499

MIJENTE IS A NOT-FOR-PROFIT ORGANIZATION LOCATED IN PHOENIX, ARIZONA. WE ARE A POLITICAL HOME FOR LATINX AND CHICANX PEOPLE WHO SEEK RACIAL, ECONOMIC, GENDER AND CLIMATE JUSTICE. OFTEN, WE ARE TOLD...

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MIJENTE IS A NOT-FOR-PROFIT ORGANIZATION LOCATED IN PHOENIX, ARIZONA. WE ARE A POLITICAL HOME FOR LATINX AND CHICANX PEOPLE WHO SEEK RACIAL, ECONOMIC, GENDER AND CLIMATE JUSTICE. OFTEN, WE ARE TOLD AS LATINXS THAT IN ORDER TO GET AHEAD WE NEED TO JUST WORK HARD AND NOT ASK QUESTIONS. WE BELIEVE THE OPPOSITE - WE NEED TO HOLD OUR HEADS HIGH AND SPEAK OUT. MIJENTE HELPS PEOPLE DO THIS THROUGH CAMPAIGNS, CONNECTS PEOPLE ACROSS A WIDE NETWORK AND SERVES AS A HUB FOR CULTURE, LEARNING AND ADVOCACY.MIJENTE FACILITATED TRAININGS ON LATINX CIVIC ENGAGEMENT AND GAVE WORKSHOPS ON POLICIES IMPACTING LATINX COMMUNITIES ACROSS THE COUNTRY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,505,491
Program Service Revenue $38,499
Investment Income $81,273
Other Revenue $-16,257
TOTAL REVENUE $2,609,006

Expense Breakdown

Grants Paid $301,400
Salaries & Benefits $858,529
Fundraising Expenses $75,599
Program Expenses $2,561,531
Other Expenses $1,963,867
TOTAL EXPENSES $3,123,796

Year-over-Year Comparison

2024 2023 Change
Revenue $2,609,006 $984,859 +1.6%
Expenses $3,123,796 $1,008,674 +2.1%
Net Income $-514,790 $-23,815 +20.6%
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

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Governance

Voting Members
3
Independent Members
2
Employees
23
Volunteers
2

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
3
$173,000
Total Directors
3
$173,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARISA FRANCO EXECUTIVE DIRECTOR/PRESIDENT 20.00
Officer Director
$173,000 $0 $173,000
RAFAEL NAVAR TREASURER 1.00
Officer Director
$0 $0 $0
PRISCILLA GONZALEZ SECRETARY 1.00
Officer 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 $2,609,006 $3,123,796 $3,996,910 $-514,790
2023 $984,859 $1,008,674 $4,277,181 $-23,815
2022 $2,951,764 $1,640,632 $4,320,282 $1,311,132
2021 $1,419,251 $1,628,528 $3,006,451 $-209,277
2020 $3,014,080 $1,080,502 $3,218,609 $1,933,578
2020 $1,472,472 $773,130 $1,302,673 $699,342
2020 $3,014,080 $1,080,502 $3,218,609 $1,933,578
2019 $694,560 $725,467 $561,369 $-30,907
2018 $754,234 $268,458 $578,759 $485,776
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