MI VECINO INC

EIN: 861180761

LAKE WORTH, FL

Total Revenue
$730,768
Total Expenses
$769,602
Total Assets
$227,800
Net Assets
$129,878
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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
2020
Legal Domicile
FL
Principal Officer
DEVON MURPHY ANDERSON
Phone
2075046663
Tax Period
2023-01-01 to 2023-12-31

MI VECINO INC, founded in 2020, is a small nonprofit that reported $731K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

MI VECINO IS ORGANIZED AND OPERATED FOR THE EMPOWERMENT OF HISPANIC AND DIVERSE COMMUNITIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $730,768
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $730,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $540,243
Fundraising Expenses $0
Program Expenses $769,602
Other Expenses $229,359
TOTAL EXPENSES $769,602

Year-over-Year Comparison

2023 2022 Change
Revenue $730,768 $1,224,029 -0.4%
Expenses $769,602 $1,219,706 -0.4%
Net Income $-38,834 $4,323 -10.0%
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
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
2
$200,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVON MURPHY ANDERSON DIRECTOR 040.00
Director
$99,000 $0 $99,000
ALEJANDRO BERRIOS DIRECTOR 040.00
Director
$101,250 $0 $101,250
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 $730,768 $769,602 $227,800 $-38,834
2022 $1,224,029 $1,219,706 $168,712 $4,323
2021 $789,442 $608,702 $180,740 $180,740
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