Mi Familia Vota Education Fund
Mi Familia Vota Education Fund consistently reports 0% officer compensation amidst significant revenue growth and asset accumulation.
EIN: 200182824 · Phoenix, AZ · NTEE: R40 · Updated: 2026-03-28
Is Mi Familia Vota Education Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mi Familia Vota Education Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mi Familia Vota Education Fund
Mi Familia Vota Education Fund (EIN: 200182824) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code R40. The organization reported total revenue of $18.0M and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mi Familia Vota Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mi Familia Vota Education Fund is a large nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $7.0M |
| Surplus / Deficit | +$55K |
| Total Assets | $9.4M |
| Total Liabilities | $2.4M |
| Net Assets | $7.0M |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 25.4% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Mi Familia Vota Education Fund reported a surplus of $55K with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 25.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mi Familia Vota Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | +34.8% | +0.5% |
| 2022 | +9.2% | +13.7% | -14.5% |
| 2021 | -25.1% | -6.2% | +35.7% |
| 2020 | +308.2% | +100.0% | +134.7% |
| 2019 | -57.6% | -42.1% | +8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mi Familia Vota Education Fund with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mi Familia Vota Education Fund allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers. This is highly unusual for an organization of this size, with revenues reaching over $7 million in recent years, and suggests a strong commitment to directing funds towards the mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Mi Familia Vota Education Fund's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for Mi Familia Vota Education Fund:
- Consistent 0% officer compensation across all filings, indicating strong commitment to mission over executive pay.
- Significant and consistent revenue growth, from $792,457 in 2015 to $7,033,057 in 2023.
- Substantial asset accumulation, growing from $923,840 in 2015 to $9,398,375 in 2023, demonstrating financial stability.
- Expenses generally align with or are slightly below revenues in recent periods, indicating sound financial management.
- Positive net assets in all reported periods, reflecting a healthy financial position.
Frequently Asked Questions about Mi Familia Vota Education Fund
Is Mi Familia Vota Education Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Mi Familia Vota Education Fund (EIN: 200182824) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Mi Familia Vota Education Fund spend its money?
Mi Familia Vota Education Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mi Familia Vota Education Fund tax-deductible?
Mi Familia Vota Education Fund is registered as a tax-exempt nonprofit (EIN: 200182824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mi Familia Vota Education Fund a good charity?
Based on the available IRS 990 data, Mi Familia Vota Education Fund appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, suggesting a high proportion of funds are directed to programs.
How has the organization's financial health changed over time?
The organization has shown substantial financial growth and stability. Revenue has increased significantly from $792,457 in 2015 to over $7 million in 2023, and assets have grown from $923,840 in 2015 to $9,398,375 in 2023, indicating robust financial management and expansion.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly commendable, as it consistently reports 0% officer compensation in all available IRS 990 filings. This indicates that no salaries or other compensation were paid to officers, which is a strong positive for donor trust and mission focus.
Filing History
IRS 990 filing history for Mi Familia Vota Education Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mi Familia Vota Education Fund's revenue has grown by 620.2%, moving from $977K to $7.0M. Total assets increased by 15060.6% over the same period, from $62K to $9.4M. Total functional expenses rose by 947.7%, from $666K to $7.0M. In its most recent filing year (2023), Mi Familia Vota Education Fund reported a surplus of $55K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $9.4M in assets (debt-to-asset ratio: 25.4%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $7.0M | $9.4M | $2.4M | — | — |
| 2022 | $7.2M | $5.2M | $9.4M | $1.7M | — | View 990 |
| 2021 | $6.6M | $4.6M | $10.9M | $2.7M | — | View 990 |
| 2020 | $8.8M | $4.9M | $8.1M | $2.1M | — | View 990 |
| 2019 | $2.1M | $2.4M | $3.4M | $1.0M | — | View 990 |
| 2018 | $5.1M | $4.2M | $3.2M | $454K | — | View 990 |
| 2017 | $1.7M | $2.3M | $2.1M | $230K | — | View 990 |
| 2016 | $3.9M | $2.1M | $2.9M | $367K | — | View 990 |
| 2015 | $792K | $1.1M | $924K | $271K | — | View 990 |
| 2014 | $3.1M | $2.1M | $1.1M | $141K | — | View 990 |
| 2013 | $1.2M | $1.2M | $341K | $419K | — | View 990 |
| 2012 | $2.1M | $2.0M | $469K | $509K | — | View 990 |
| 2011 | $977K | $666K | $62K | $139K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $7.0M, and assets of $9.4M (revenue -1.8% year-over-year).
- 2022: Revenue of $7.2M, expenses of $5.2M, and assets of $9.4M (revenue +9.2% year-over-year).
- 2021: Revenue of $6.6M, expenses of $4.6M, and assets of $10.9M (revenue -25.1% year-over-year).
- 2020: Revenue of $8.8M, expenses of $4.9M, and assets of $8.1M (revenue +308.2% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.4M, and assets of $3.4M (revenue -57.6% year-over-year).
- 2018: Revenue of $5.1M, expenses of $4.2M, and assets of $3.2M (revenue +197.1% year-over-year).
- 2017: Revenue of $1.7M, expenses of $2.3M, and assets of $2.1M (revenue -56.1% year-over-year).
- 2016: Revenue of $3.9M, expenses of $2.1M, and assets of $2.9M (revenue +390.1% year-over-year).
- 2015: Revenue of $792K, expenses of $1.1M, and assets of $924K (revenue -74.7% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.1M, and assets of $1.1M (revenue +150.5% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $341K (revenue -40.0% year-over-year).
- 2012: Revenue of $2.1M, expenses of $2.0M, and assets of $469K (revenue +113.1% year-over-year).
- 2011: Revenue of $977K, expenses of $666K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mi Familia Vota Education Fund:
Data Sources and Methodology
This transparency report for Mi Familia Vota Education Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.