Quick charity verification for Miracle Village International Inc (EIN: 134298211)
Verdict: Miracle Village International Inc appears trustworthy
85/100Mission Score
$530KRevenue
$206KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in 2023 ($531,275 vs $467,237) and 2022 ($443,131 vs $388,858), indicating recent operating deficits.
Assets decreased from $255,545 in 2022 to $191,508 in 2023, suggesting a decline in financial reserves.
Strengths
Consistently reports zero liabilities across all available filings, indicating a debt-free operation.
Reports 0% officer compensation in all available filings, demonstrating highly efficient executive overhead.
Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
Maintains a healthy asset base relative to its revenue, with current assets at $205,973 against $530,264 latest revenue.
Spending Breakdown
How Miracle Village International Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Miracle Village International Inc
Is Miracle Village International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Miracle Village International Inc (EIN: 134298211) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Miracle Village International Inc a good charity to donate to?
Miracle Village International Inc has a Mission Score of 85/100. Revenue: $530K. Assets: $206K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Miracle Village International Inc?
The Employer Identification Number (EIN) for Miracle Village International Inc is 134298211. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Miracle Village International Inc spend its money?
Miracle Village International Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Miracle Village International Inc's tax-exempt status?
You can verify Miracle Village International Inc's tax-exempt status using EIN 134298211 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Miracle Village International Inc demonstrates a consistent operational history with 13 IRS 990 filings. The organization's financial health shows some variability in recent years, with expenses exceeding revenue in both 2023 and 2022. Specifically, in 2023, expenses were $531,275 against revenues of $467,237, and in 2022, expenses were $443,131 against revenues of $388,858. This trend of operating at a deficit could impact long-term sustainability if not addressed. However, the organization consistently reports zero liabilities, indicating a strong balance sheet free of debt, which is a significant positive for financial stability.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a highly efficient use of funds at the executive level, with leadership likely serving in a volunteer capacity or receiving compensation below the reporting threshold. This practice significantly reduces administrative overhead.
Transparency is strong given the consistent filing of IRS 990s over a long period. The absence of officer compensation also contributes to a perception of good governance and a focus on mission. While the recent operating deficits warrant attention, the overall financial picture suggests a well-managed organization, particularly concerning its debt-free status and executive compensation practices.