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Visit finsa.netAbout Fundacion Finsa/ Mgdea, Ac
.OBJECTThe purpose of the Association shall not be to pursue for profit and shall be as follows:a) To grant scholarships by open competition to the general public and to allocate them on the basis of objective data related to the candidate's ability to study in educational institutions which have authorization or recognition of official validity of studies in terms of the General Education Act.
.OBJETOEl objeto de la Asociación no perseguirá fines de lucro y será el siguiente:a) Otorgar becas mediante concurso abierto al público en general y asignarlas con base en datos objetivos relacionados con la capacidad del candidato para realizar estudios en instituciones de enseñanza que tengan autorización o reconocimiento de validez oficial de estudios en términos de la Ley General de Educación.
Translated from Spanish by GiveRadar.
Focus areas & reach
· What they work on and whereHow it stacks up against peers
· vs. 8 similar education in MexicoRed flags
· 1 itemWhere every MX$1 goes
Common questions
· Auto-generated from filings + methodologyFundacion Finsa/ Mgdea, Ac is a registered education nonprofit, Mexico. It is registered with the SAT (Servicio de Administracion Tributaria). It was founded in 2013 and has been operating for 13 years. Its registration number is FFM0906023M6. It has a GiveRadar Integrity Assessment of 70/100 (Strong transparency), indicating well-documented governance, financials, and contact details. The organization reports $10M in annual revenue. GiveRadar has identified 1 potential concern.
Fundacion Finsa/ Mgdea, Ac has a GiveRadar Integrity Assessment of 70/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 70 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. The charity allocates 87% of expenses to programs, which contributes positively to its score. For comparison, the average integrity assessment for education charities in Mexico is 69/100.
Fundacion Finsa/ Mgdea, Ac is based in Tamaulipas, Mexico. The organization was established in 2013 and has been active for 13 years.
Based on official tax filings, Fundacion Finsa/ Mgdea, Ac has $10M in annual revenue. It allocates 87% of expenses to programs and services. This is above the average of 77% for education charities in Mexico. Administrative costs account for 0% of expenses. Its revenue is below the peer average of $93M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.
Fundacion Finsa/ Mgdea, Ac is classified as a Education organization, registered in Mexico. It operates as a Becante. By size, it is categorized as a medium organization. It has $10M in annual revenue.
GiveRadar has identified 1 potential concern for Fundacion Finsa/ Mgdea, Ac. Red flags are automatically detected from official data and may include high executive compensation relative to budget, low program spending, or missing financial filings. Red flags do not necessarily mean wrongdoing but indicate areas that may warrant further review before donating.
Fundacion Finsa/ Mgdea, Ac has a GiveRadar Integrity Assessment of 70/100 (Strong transparency), which suggests it is a well-documented organization. It is regulated by SAT. 87% of expenses go to programs. The peer average is 77%. Visit the Fundacion Finsa/ Mgdea, Ac profile on GiveRadar for full details before deciding. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.
.OBJECTThe purpose of the Association shall not be to pursue for profit and shall be as follows:a) To grant scholarships by open competition to the general public and to allocate them on the basis of objective data related to the candidate's ability to study in educational institutions which have authorization or recognition of official validity of studies in terms of the General Education Act. Fundacion Finsa/ Mgdea, Ac is classified as a education organization registered in Mexico. The organization was founded in 2013.
Among education charities registered in Mexico: Fundacion Finsa/ Mgdea, Ac's GiveRadar Integrity Assessment of 70/100 is in line with the peer average of 69/100. It allocates 87% of expenses to programs, above the peer average of 77%. Its annual revenue of $10M is below the peer average of $93M.
Fundacion Finsa/ Mgdea, Ac is registered in Mexico. Donations to authorized donees (donatarias autorizadas) are tax-deductible up to 7% of your previous year's taxable income. The organization must be listed on SAT's official registry of authorized donees.
Verified against 4 official sources, last refreshed .
Filing history
1 year on file from mx_sat (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.
See 5 years of revenue, expense breakdowns, and balance sheet.
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Tax-deductibility for donors
Donations may be tax-deductible for residents of Mexico under local rules. Confirm with the charity directly.
Fundacion Finsa/ Mgdea, Ac is registered in Mexico. Donations from the Netherlands to charities outside the EU/EEA are generally not tax-deductible for Dutch donors unless the charity is listed on the Dutch ANBI register with foreign-recognized status.
Fundacion Finsa/ Mgdea, Ac is registered in Mexico. US donors generally cannot deduct gifts to non-US charities directly. To claim a deduction, route the gift through a US 'Friends of' fiscal sponsor or a donor-advised fund that performs equivalency determination (IRS Rev. Proc. 92-94).
Always confirm tax treatment with the charity directly or your tax advisor before donating.
Leadership
Officers & trustees (1)
Source: Public filings
Latest news
From global news sources
No recent news coverage found
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Activity timeline
Filings and press mentions, merged
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Other education in Mexico, by integrity assessment
Sources and verification
Refreshed
- Registration and legal identity
- SAT (Servicio de Administración Tributaria)
- Financial filings
- SAT (Servicio de Administración Tributaria) - Fiscal year 2024 most recent on file.
- Officers and trustees
- SAT (Servicio de Administración Tributaria) - 1 disclosed in the public registry.
- News and media coverage
- GDELT Project + Google News
Data freshness
What we don't know
Honest gaps - our score reflects transparency, not impact
Methodology
GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.
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Quick facts about Fundacion Finsa/ Mgdea, Ac
- What is Fundacion Finsa/ Mgdea, Ac?
- Fundacion Finsa/ Mgdea, Ac is a education becante, Mexico. .OBJECTThe purpose of the Association shall not be to pursue for profit and shall be as follows:a) To grant scholarships by open competition to the general public and to allocate them on the basis of objective data related to the candidate's ability to study in educational institutions which have authorization or recognition of official validity of studies in terms of the General Education Act.
- When was Fundacion Finsa/ Mgdea, Ac founded?
- Fundacion Finsa/ Mgdea, Ac was founded in 2013.
- Who leads Fundacion Finsa/ Mgdea, Ac?
- Hans Josef Hutterer Arellano serves as Coordinador.
- Where is Fundacion Finsa/ Mgdea, Ac located?
- Headquartered in Mexico.
- What is Fundacion Finsa/ Mgdea, Ac's annual budget?
- Annual revenue for fiscal year 2024 is approximately $1M-$10M. 87% of expenses go to program services.
- Is Fundacion Finsa/ Mgdea, Ac trustworthy?
- Fundacion Finsa/ Mgdea, Ac has a GiveRadar Integrity Assessment of 70 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
- What is Fundacion Finsa/ Mgdea, Ac's registration number?
- Registration: FFM0906023M6 (Mexico).
- What is Fundacion Finsa/ Mgdea, Ac's website?
- https://finsa.net
- Are donations to Fundacion Finsa/ Mgdea, Ac tax-deductible?
- Donations may be tax-deductible for residents of Mexico under local rules. US donors should check whether the charity has an equivalency-determination letter or a US-based fiscal sponsor before claiming a deduction.