MINDO FUTURES INC Charity Report

Tax-exempt status may be revoked

MINDO FUTURES INC

EIN 26-3516981 · International Relief (Q33)

What they do

OUR MISSION is to EMPOWER THE YOUTH and PEOPLE of MINDO, ECUADOR and OTHER COMMUNITIES GLOBALLY THROUGH EDUCATION, HEALTH, DISASTER RELIEF PROGRAMS and INTITIATIVES, IN AN EFFORT to END POVERTY, PROVIDING HUMANITARIAN and MEDICAL AID to THOSE IN NEED.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.4%of expenses went to mission work82.50% of revenue

3.5%of expenses went to fundraising3.40% of revenue

$96.62spent for every $100 of revenueRevenue covered expenses this year.

11.1%of expenses went to management and office costs10.70% of revenue

$0.09in assets for every $1 spent this yearSome assets cannot be spent right away.

63.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $127,400 for JASON GAETAN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services85.4% of expenses82.50% of revenue

ManagementOffice and general costs11.1% of expenses10.70% of revenue

FundraisingAsking for donations3.5% of expenses3.40% of revenue

Total expenses96.60% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

201985.4% mission

201890.1% mission

201792.2% mission

201695.6% mission

Money in and money out

Revenue$903,741

Expenses$873,199

Annual surplus $30,542 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$745,970 · 85.4% of expenses

Management and office costs$96,904 · 11.1% of expenses

Fundraising$30,325 · 3.5% of expenses

See all reported dollar amounts

Revenue$903,741

Expenses$873,199

Assets$80,400

Income$1,010,101

Contributions$574,701

Mission work (program services)$745,970

Fundraising$30,325

Management and general$96,904

Executive compensation (total)$127,400

Stocks and bonds$1,625

Accounting fees$10,069

People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JASON GAETANPRESIDENT · 40 hrs/week $127,400

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

JASON GAETANPRESIDENT

AMANDA CHINVICE PRESIDE

CHAEL SOLERDIRECTOR

CYNTHIA RIVERADIRECTOR

DIANA VELASQUEZDIRECTOR

JUAN SALVADORDIRECTOR

MAGGIE CASTELLANOSSECRETARY/TR

MARA LANGSHAWDIRECTOR

MILAGROS CONTRERASDIRECTOR

MONIQUE BUSTAMANTEDIRECTOR

NICKY LOPEZDIRECTOR

About this charity

Location: 3500 EAST GLENCOE STREET, MIAMI, FL 33133
County: Miami-Dade
In care of: JASON GAETAN
Primary officer: JASON GAETAN, PRESIDENT

How to reach them

Phone(305) 723-9833

Filing and classification

Latest tax year: 2019
Tax period began: January 1, 2019
Return type: 990
Tax preparer: DE LA HOZ PEREZ & BARBEITO PA
NTEE classification: International Relief (Q33)
IRS tax category: International Relief
Revocation date: May 15, 2023