Fundacion Finsa/ Mgdea, Ac

Fundacion Finsa/ Mgdea, Ac is a registered education nonprofit in 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. GiveRadar's Integrity Assessment for the organization is 71/100, which reflects how much public information is available, not whether the charity is legitimate. The organization reports $10M in annual revenue. GiveRadar has identified 1 potential concern.

Fundacion Finsa/ Mgdea, Ac's official registration number is FFM0906023M6, as recorded in the national registry of Mexico.

Fundacion Finsa/ Mgdea, Ac has a GiveRadar Integrity Assessment of 71/100. 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 71 ('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 77/100.

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 49% 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 an 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.

According to GiveRadar's records, Fundacion Finsa/ Mgdea, Ac is registered with the SAT (Servicio de Administracion Tributaria) and overseen by SAT. It reports that 87% of expenses go to programs (the peer average is 49%). GiveRadar provides data for research and does not endorse any organization. A GiveRadar Integrity Assessment reflects how much public data is available, not whether an organization is safe to donate to, so it is always smart to do your own research before giving.

.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 an education organization registered in Mexico. The organization was founded in 2013.

Among education charities registered in Mexico: It allocates 87% of expenses to programs, above the peer average of 49%. 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.