Fomento Educational A C is a 501(c)(3) organization, registered in 1992, with $633,201 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$633K
▼ 9.1% vs prior year
International median: $227K
Expenses (FY2024)
$371K
Net assets
$8.6M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Fomento Educational A C— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fomento Educational A C: 277 mo reserves · +41% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Fomento Educational A C— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fomento Educational A C: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $394K (FY2020) to $633K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
41.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.7M
Total liabilities
$87K
Net assets
$8.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $633,201▼9.1% | $371,109▲3.1% | $8,575,598▲4.1% | $8,663,060▲4.0% | 990PF |
| 2023 | $696,784▲34.1% | $360,043▲51.6% | $8,241,766▲11.0% | $8,332,569▲11.1% | 990PF |
| 2022 | $519,692▲25.1% | $237,486▼2.4% | $7,425,207▼0.7% | $7,498,514▼0.6% | 990PF |
| 2021 | $415,574▲5.6% | $243,272▲26.7% | $7,477,717▲2.7% | $7,544,855▲2.7% | 990PF |
| 2020 | $393,578 | $191,939 | $7,280,151 | $7,343,283 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Fomento Educational A C (EIN 98-0116396) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.