TECNOLOGICO DE MONTERREY FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- TECNOLOGICO DE MONTERREY FOUNDATION (EIN 26-1857750)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-12-02
- IRS object ID
- 201443369349300724
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-12-02T14:58:11-08:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RENE VELEZ ACCOUNTING TAX & CONSULTING | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13020 SW 133rd Court | AddressLine1 |
| City | MIAMI | City |
| State | FL | State |
| ZIP Code | 33186 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261857750 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tecnologico De Monterrey Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TECN | BusinessNameControlTxt |
| Phone | 7138608451 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2669 | AddressLine1 |
| City | Sugar Land | City |
| State | TX | State |
| ZIP Code | 77487 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ING CARLOS CRUZ LIMON | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 7138608451 | PhoneNum |
| Signature | 2014-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RENE VELEZ CPA | PreparerPersonNm |
| Phone | 3052597775 | PhoneNum |
| Preparation | 2014-12-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ING CARLOS CRUZ LIMON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1722 Routh Street | AddressLine1 |
| City | Dallas | City |
| State | TX | State |
| ZIP Code | 75201 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $795,895 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.itesm.la | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | To Support and benefit domestic and foriegn educational institutions as described in sections 509(a)1 and 509(a)2 | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $269,201 | PYContributionsGrantsAmt |
| CY Contributions Grants | $751,985 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $65,517 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $43,910 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $334,718 | PYTotalRevenueAmt |
| CY Total Revenue | $795,895 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $290 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $300 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $182,060 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $191,533 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $38,041 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $215,901 | PYOtherExpensesAmt |
| CY Other Expenses | $522,663 | CYOtherExpensesAmt |
| PY Total Expenses | $398,251 | PYTotalExpensesAmt |
| CY Total Expenses | $714,496 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$63,533 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $81,399 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $273,041 | TotalAssetsBOYAmt |
| Total Assets EOY | $351,606 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,424 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,590 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $263,617 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $345,016 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | To Support and benefit domestic | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | Yes (true) | SignificantChangeInd |
| Expense | $547,937 | ExpenseAmt |
| Grant | $300 | GrantAmt |
| Revenue | $43,910 | RevenueAmt |
| Desc | THE FOUNDATION STARTED A HOUSTON, TEXAS CAMPUS FOR CONTINUING EDUCATION COURSES AND OTHER OUTREACH PROGRAMS IN 2011. THE CAMPUS' TWO MAIN FOCUS AREAS ARE COMPLEMENTS TO FORMAL EDUCATION SYSTEMS FOR PERSONAL GROWTH AND ECONOMIC ADVANCEMENTS FOR YOUTH, ADULTS AND PARENTS AS WELL AS ASPIRING ENTREPRENUERS. THROUGH VARIOUS PARTNERSHIPS IT WILL FLOURISH TO BECOME AN INNOVATION CENTER FOR ENTREPRENEURS AND COMMUNITY BASED GRASS ROOTS ORGANIZATIONS AS WELL AS WITHIN THE BUSINESS COMMUNITY. THE HOUSTON CAMPUS HOSTS BOTH IN CLASS COURSES AS WELL AS ON-LINE COURSES OF EDUCATION. | Desc |
| Total Program Service Expenses | $547,937 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rene Velez CPA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3052597775 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 13020 SW 133rd Court | AddressLine1 |
| City | Miami | City |
| State | FL | State |
| ZIP Code | 33186 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DR RAFAEL RANGEL SOSTMAN | ||||||
| Trustee Exec. Vice Pres. | 23.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ING GERARDO CHAPA GONZALEZ | ||||||
| Trustee | 10.00 | Yes (X) | $0 | $0 | $0 | |
| ING ELISEO VAZQUEZ OROZCO | ||||||
| Trustee - Treasurer | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ING CARLOS CRUZ LIMON | ||||||
| Trustee - COB | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LIC LETICIA ZAMARRIPA | ||||||
| Secretary | 10.00 | Yes (X) | $0 | $0 | $0 | |
| ANGELES CHAVEZ | ||||||
| Assistant Treasurer | 40.00 | Yes (X) | $61,000 | $0 | $0 | |
| ING SANDRA M ORTIZ RAMOS | ||||||
| Trustee - Vice Pres. | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ING JUAN PABLO MURRA LASCURAIN | ||||||
| Trustee - Vice COB | 10.00 | Yes (X) | $0 | $0 | $0 | |
| ING PATRICIO LOPEZ DEL PUERTO | ||||||
| Trustee - President CEO | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $61,000 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Related Organizations | $658,155 | RelatedOrganizationsAmt |
| All Other Contributions | $93,830 | AllOtherContributionsAmt |
| Total Contributions | $751,985 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Tuition Fees | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $43,910 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $43,910 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $795,895 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $43,910 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300 | TotalAmt |
| Program Services | $300 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,000 | TotalAmt |
| Program Services | $30,500 | ProgramServicesAmt |
| Management And General | $15,250 | ManagementAndGeneralAmt |
| Fundraising | $15,250 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,841 | TotalAmt |
| Program Services | $99,264 | ProgramServicesAmt |
| Management And General | $15,577 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,692 | TotalAmt |
| Program Services | $11,769 | ProgramServicesAmt |
| Management And General | $3,138 | ManagementAndGeneralAmt |
| Fundraising | $785 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,033 | TotalAmt |
| Program Services | $33,330 | ProgramServicesAmt |
| Management And General | $3,703 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,154 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $63,154 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,407 | TotalAmt |
| Program Services | $124,932 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $3,475 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,674 | TotalAmt |
| Program Services | $6,907 | ProgramServicesAmt |
| Management And General | $767 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,137 | TotalAmt |
| Program Services | $56,109 | ProgramServicesAmt |
| Management And General | $7,014 | ManagementAndGeneralAmt |
| Fundraising | $7,014 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,635 | TotalAmt |
| Program Services | $43,890 | ProgramServicesAmt |
| Management And General | $5,163 | ManagementAndGeneralAmt |
| Fundraising | $2,582 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,144 | TotalAmt |
| Program Services | $14,144 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $204 | TotalAmt |
| Program Services | $204 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,457 | TotalAmt |
| Program Services | $6,711 | ProgramServicesAmt |
| Management And General | $746 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,142 | TotalAmt |
| Program Services | $2,357 | ProgramServicesAmt |
| Management And General | $598 | ManagementAndGeneralAmt |
| Fundraising | $1,187 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Program & Misc Expenses | $74,869 | $61,143 | $8,234 | $5,492 |
| Telephone & Internet | $29,179 | $26,261 | $2,918 | $0 |
| Dues & Subscriptions | $22,558 | $18,046 | $2,256 | $2,256 |
| Course Fees & Expenses | $12,070 | $12,070 | $0 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $714,496 | TotalAmt |
| Program Services | $547,937 | ProgramServicesAmt |
| Management And General | $128,518 | ManagementAndGeneralAmt |
| Fundraising | $38,041 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,456 | BOYAmt |
| EOY | $320,117 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $18,609 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $37,800 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $25,837 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,668 | BOYAmt |
| EOY | $11,963 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $917 | BOYAmt |
| EOY | $917 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $273,041 | BOYAmt |
| EOY | $351,606 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,424 | BOYAmt |
| EOY | $6,590 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,424 | BOYAmt |
| EOY | $6,590 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,186 | BOYAmt |
| EOY | $292,099 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,431 | BOYAmt |
| EOY | $52,917 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $263,617 | BOYAmt |
| EOY | $345,016 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $273,041 | BOYAmt |
| EOY | $351,606 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $81,399 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Instituto Tecnologico Y de Estudios Superiores De Monterrey | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 000000000 | EIN |
| Organization Type | 509(a)2 | OrganizationTypeDesc |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Supported Org Notified | Yes (true) | SupportedOrgNotifiedInd |
| US Organized | false | USOrganizedInd |
| Support | $658,155 | SupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $658,155 | SupportSumAmt |
| Public Support Total170 | $0 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY170 | 0 | PublicSupportCY170Pct |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,800 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,837 | DepreciationAmt |
| Book Value | $11,963 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $11,963 | TotalBookValueLandBuildingsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (43 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 2 | See Exhibit E, attached which is part of form 1023, Some of the |
| Pt VI, Line 2 | Officers and Trustees are related by virtue of employment |
| Pt VI, Line 2 | of the initial Member of the Foundation and by family |
| Pt VI, Line 2 | relationships. However, all officers and trustees must |
| Pt VI, Line 2 | abide by Section 7.4 of the Bylaws, which contain a conflict of interest |
| Pt VI, Line 2 | provision. |
| Pt VI, Line 6 | The Foundation has one Initial Member; Instituto Tecnologico |
| Pt VI, Line 6 | y De Estudios Superiores De Monterrey |
| Pt VI, Line 7a | The Foundation has one Initial Member; Instituto Tecnologico |
| Pt VI, Line 7a | y De Estudios Superiores De Monterrey, who under section |
| Pt VI, Line 7a | 2.1 of the Bylaws, can approve terms and conditions for |
| Pt VI, Line 7a | memberships. However, memberships may not be transferable. |
| Pt VI, Line 7a | Further, there are no plans for additional members. |
| Pt VI, Line 7a | The member has appointed a Board of Trustees, who make |
| Pt VI, Line 7a | management decisions and are the governing body. |
| Pt VI, Line 11b | A copy of form 990 is provided to the Board of Trustees for their review |
| Pt VI, Line 11b | prior to filing. |
| Pt VI, Line 12c | As provided in the Foundation Bylaws section 7.4 titled |
| Pt VI, Line 12c | "Conflicts of Interest", there are significant provisions |
| Pt VI, Line 12c | to assure conflicts do not occur. In particular the Board |
| Pt VI, Line 12c | of Trustees may require as a condition to qualify as a trustee, |
| Pt VI, Line 12c | officer or other position, request from time to time |
| Pt VI, Line 12c | a conflict of interest disclosure statement from such personnel. |
| Pt VI, Line 15a | See Part VI, Line 15b Below |
| Pt VI, Line 15b | The Foundation has continued operations in start up mode. As such |
| Pt VI, Line 15b | the decision has been made most of the Trustees and Officers |
| Pt VI, Line 15b | recieve no compensation. At such time |
| Pt VI, Line 15b | as a determination is made to compensate Trustees, Officers |
| Pt VI, Line 15b | or other personnel, guidelines, analysis and approvals |
| Pt VI, Line 15b | will be put in place to follow industry norms. In 2013 |
| Pt VI, Line 15b | salary was paid to a an officer for the purposes of |
| Pt VI, Line 15b | administering an educational program in Houston, Texas. |
| Pt VI, Line 15b | Office staff and other personnel were |
| Pt VI, Line 15b | placed on payroll on salaries equivalent to other similar |
| Pt VI, Line 15b | tax exempt organizations have been paid. |
| Pt VI, Line 19 | Form 990, 1023 and the Bylaws of the Foundation are available |
| Pt VI, Line 19 | by request to either the Foundation's outside Certified Public Accountant |
| Pt VI, Line 19 | or to the Foundation Secretary. |
| Pt III, Line 3 | This entity has changed its status from a publicly supported |
| Pt III, Line 3 | orginzation to a supporting organization of 509(a)1 and 509(a)2 organizations. |
| Pt III, Line 3 | It's mission and current operating programs support education |
| Pt III, Line 3 | for both continuing professional education as well as |
| Pt III, Line 3 | degrees in higher education. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Instituto Tecnologico y De Estudios Superiores De Monterrey | BusinessNameLine1 |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Eugenio Garza Sada 2501 | AddressLine1 |
| City | Monterrey NL | City |
| Country | MX | Country |
| Postal Code | 64849 | PostalCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | POST SECONDARY EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | MX | LegalDomicileForeignCountryCd |
| Exempt Code Section | Foreign | ExemptCodeSectionTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Instituto Technologico Y De Estudios Superiores De Monterrey | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | 1c | TransactionTypeTxt |
| Involved | $658,155 | InvolvedAmt |
| Method Of Amount Determination | Cash | MethodOfAmountDeterminationTxt |
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