Avocados From Mexico
- Assets
- $16.2m
- Revenue
- $68.4m
- Investments
- $0.0
- Employees
- 42
- Location
- Irving, TX
- Founding
- 04/2016
- Data as of
- 06/2023
- EIN
- 46-3082698
Organization Overview
Avocados From Mexico is located in Irving, TX. The organization was established in 2016. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Avocados From Mexico employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avocados From Mexico is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Avocados From Mexico generated $68.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $68.3m during the year ending 06/2023. While expenses have increased by 1.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, RESEARCH AND ADVANCE THE IMAGE, DESIRABILITY AND MARKETABILITY OF MEXICAN HASS AVOCADOS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE, RESEARCH AND ADVANCE THE IMAGE, DESIRABILITY AND MARKETABILITY OF MEXICAN HASS AVOCADOS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvaro Luque President | 40 | $1,002,724 | |
Miguel Molina CFO | Officer | 40 | $370,683 |
Ivonne Kinser Marketing Director | Officer | 40 | $325,980 |
Stephanie Bazan Marketing Director | Officer | 40 | $317,601 |
David Spirito Food Service Director | Officer | 40 | $258,942 |
Armando Lopez Ex Officio | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pcpi Ut Owner Office Rent | 6/29/23 | $422,962 |
Pick Marketing Solutions Llc Marketing Services | 6/29/23 | $244,875 |
Shine Entertainment Media Llc Marketing Service | 6/29/23 | $320,000 |
Mexican Table Ambassador Service | 6/29/23 | $233,750 |
Ro Two Media Llc Digital Media | 6/29/23 | $390,832 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,307,373 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,307,373 |
| Total Program Service Revenue | $101,961 |
| Investment income | $5,542 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,414,876 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,275,930 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,127,491 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,610,402 |
| Payroll taxes | $484,302 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,901 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $808,367 |
| Advertising and promotion | $56,005,521 |
| Office expenses | $184,120 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $413,422 |
| Travel | $601,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $413,392 |
| Interest | $109,408 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $608,738 |
| Insurance | $109,287 |
| All other expenses | $0 |
| Total functional expenses | $68,306,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,068,355 |
| Pledges and grants receivable | $3,419,314 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $85,252 |
| Net Land, buildings, and equipment | $6,629,578 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,202,499 |
| Accounts payable and accrued expenses | $8,227,220 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,339,497 |
| Total liabilities | $15,566,717 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $635,782 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,202,499 |