MI VECINOS

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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

2022

Legal Domicile

Principal Officer

DEVON MURPHY ANDERSON

Phone

3056111111

Tax Period

2024-01-01 to 2024-12-31

MI VECINOS, founded in 2022, is a small nonprofit in the Civil Rights & Advocacy sector that reported $619K in total revenue in fiscal year 2024. Revenue surged 222% from the prior year, signaling strong growth momentum. Expenses of $557K left a modest 10% surplus.

Mission

The corporation is organized exclusively for charitable, scientific, religious or educational purposes to promote social welfare by conducting voter registration drives while educating voters on voting requirements and processes

Program Service Accomplishments

Program 1

Expenses: $557,472

THE ORGANIZATION HAS PROMOTED SOCIAL WELFARE BY CONDUCTING VOTER REGISTRATION AND GET-OUT-VOTE DRIVES ON A NON-PARTISAN BASIS WHILE EDUCATING VOTERS ON VOTING REQUIREMENTS AND THE VOTING PROCESS THE ORGANIZATION HAS USED MULTI-MEDIA PLATFORMS TO FOSTER COMMUNITY AND NEIGHBORHOOD AWARENESS OF VOTERS RIGHTS ISSUES THE ORGANIZATION HAS SUPPORTED ELECTION LAWS THAT PREVENT DISCRIMINATION AGAINST MINORITY VOTERS

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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 $619,322

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $619,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $442,530

Fundraising Expenses $0

Program Expenses $557,472

Other Expenses $114,942

TOTAL EXPENSES $557,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$619,322	$192,215	+2.2%
Expenses	$557,472	$187,616	+2.0%
Net Income	$61,850	$4,599	+12.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEJANDRO BERRIOS	PRESIDENT	020.00	Key Emp	$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	$619,322	$557,472	$367,973	$61,850
2023	$192,215	$187,616	$5,304	$4,599
2022	$357,010	$356,306	$704	$704