Mi Vecino INC FY2023 filing

West Palm Beach, FLUnknown exempt organizationEIN 86-1180761Revenue $731K in FY2023

On file with the IRS3175 S Congress Ave Ste 301 E · West Palm Beach, FL

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Mi Vecino is organized and operated for the empowerment of hispanic and diverse communities

66¢ of each $1 spent went to programs.
$200K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $6K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$200K
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $60K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$98K
43% of total assets
Looks good: liabilities are 43% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$731K
-40% vs prior year
Spent
$770K
To programs
66%
Net assets
$130K
By yearFY2021–FY2025
Revenue
$731K
FY2023▼ -40%
Tap a bar for its year
Revenue by fiscal year
FY2021$789K
FY2022$1.2M
FY2023$731K
FY2024$622K
FY2025$124K
Expenses
$770K
FY2023▼ -37%
Tap a bar for its year
Expenses by fiscal year
FY2021$609K
FY2022$1.2M
FY2023$770K
FY2024$644K
FY2025$277K
Net assets
$130K
FY2023▼ -23%
Tap a bar for its year
Net assets by fiscal year
FY2021$164K
FY2022$169K
FY2023$130K
FY2024$109K
FY2025$163K

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $509K Management & general 34% · $261K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

2 people listed on the 990; $200K paid to officers and key staff.

Part VII, Section A · reportable compensation
$101,250Pt VII · Sec A
$99,000Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021
Alejandro Berrios$101,250—$50,000
Devon Murphy Anderson$99,000$50,000$50,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mi Vecino INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers Hispanic and diverse communities through various programs and support.

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Provided by the organization

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1 program · $770K · in their own filed words · FY2023
01

Mi vecino has registered 24,000 latino and multicultural voters in florida so far and has mobilized 19,000 hispanic voters to cast a ballot in the florida primary. Mi vecino has provided 25 full-time jobs to floridans who work to educate and engage their communities

$770Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$60K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$731K
Ln 12
Gifts and grantsLn 1h$731K
Money outPt IX
$770K
Ln 25
Programscol B$509K
Managementcol C$261K
Owns and owesPt X
$130K
net assets · Ln 32
Cash and savingsLn 1–2$218K
Total assetsLn 16$228K
LiabilitiesLn 26$98K
PeoplePt VI, VII
2
listed · VII A
PaidVII A2
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$731K
Total revenueLn 12$731K
Assets in detailPt X, end of year
CashLn 1$218K
Cash and savings togetherLn 1–2$218K
Land, buildings, equipmentLn 10c$10K
Total assetsLn 16$228K
LiabilitiesLn 26$98K
Net assetsLn 32$130K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$159K$218K
Land, buildings, equipmentLn 10c$10K$10K
Total assetsLn 16$169K$228K
LiabilitiesLn 26$0$98K
Net assetsLn 32$169K$130K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$200K$200K
Other salaries and wagesLn 7$340K$340K
Office expensesLn 13$204K$169K$35K
OccupancyLn 16$25K$25K
Total functional expensesLn 25$770K$509K$261K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $124K$277K−$153K$163K 990 PDF
FY2024 $622K$644K−$21K$109K 990 PDF
FY2023 Viewing $731K$770K−$39K$130K 990 PDF
FY2022 $1.2M$1.2M$4K$169K 990 PDF
FY2021 $789K$609K$181K$164K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $730,768 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,224,029$730,768
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $1,224,029$730,768
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,022,988$540,243
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $196,718$229,359
I-18 Total expensesPrior year $1,219,706$769,602
I-19 Revenue less expensesPrior year $4,323−$38,834
Part VI · Governance no flags
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $730,768 across 4 lines filed
VIII-1f All other contributions, gifts and grants$730,768
VIII-1h Total contributions, gifts and grants$730,768
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$730,768
Part IX · Statement of functional expenses $769,602 across 4 lines filed
IX-5 Pay of current officers, directors and key staffManagement $200,250$200,250
IX-7 Other salaries and wagesPrograms $339,993$339,993
IX-13 Office expensesPrograms $169,000 · Management $35,359$204,359
IX-16 OccupancyManagement $25,000$25,000
IX-25 Total functional expensesPrograms $508,993 · Management $260,609 · Fundraising $0$769,602
Part X · Balance sheet $227,800 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $158,712$217,800
X-10c Land, buildings and equipment, netStart of year $10,000$10,000
X-16 Total assetsStart of year $168,712$227,800
X-26 Total liabilitiesStart of year $0$97,922
X-27 Net assets without donor restrictionsStart of year $168,712$129,878
X-32 Total net assets or fund balancesStart of year $168,712$129,878
X-33 Total liabilities and net assetsStart of year $168,712$227,800
Part XI · Reconciliation of net assets $129,878 net assets at year end
XI-1 Total revenue$730,768
XI-2 Total expenses$769,602
XI-3 Revenue less expenses−$38,834
XI-4 Net assets at start of year$168,712
XI-10 Net assets at end of year$129,878

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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