Expect Miracles Foundation
Expect Miracles Foundation shows consistent revenue growth but recent expenses have outpaced income.
EIN: 204127495 · Boston, MA · NTEE: T30 · Updated: 2026-03-28
Is Expect Miracles Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Expect Miracles Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Expect Miracles Foundation
Expect Miracles Foundation (EIN: 204127495) is a nonprofit organization based in Boston, MA, classified under NTEE code T30. The organization reported total revenue of $4.4M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Expect Miracles Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Expect Miracles Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Expect Miracles Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with over $3 million in annual expenses. This either indicates that executive leadership is entirely volunteer-based, or that compensation is reported under different categories, requiring deeper scrutiny of the full 990 forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Expect Miracles Foundation's IRS 990 filings:
- Expenses exceeding revenue in recent fiscal periods (2022 and 2023), potentially impacting long-term sustainability.
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and warrants further investigation into how executive leadership is compensated or if it's truly volunteer-led.
Strengths
The following positive indicators were identified for Expect Miracles Foundation:
- Consistent revenue growth over the past decade, indicating strong fundraising capabilities.
- Absence of reported officer compensation, suggesting a high dedication of funds to the mission or volunteer leadership.
- Growing asset base, providing a cushion for operations and future initiatives (e.g., assets grew from $197,911 in 2014 to $1,133,707 in 2023).
Frequently Asked Questions about Expect Miracles Foundation
Is Expect Miracles Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Expect Miracles Foundation (EIN: 204127495) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Expect Miracles Foundation spend its money?
Expect Miracles Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Expect Miracles Foundation tax-deductible?
Expect Miracles Foundation is registered as a tax-exempt nonprofit (EIN: 204127495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Expect Miracles Foundation a good charity?
Based on the available data, the foundation demonstrates strong program focus and consistent revenue growth. The lack of reported officer compensation is a positive indicator, assuming it reflects genuine volunteer leadership or that compensation is very modest and reported elsewhere. However, the recent trend of expenses exceeding revenue in 2022 and 2023 should be monitored for long-term financial stability.
How does Expect Miracles Foundation manage its executive compensation?
The IRS 990 filings consistently show 0% officer compensation. This is highly unusual for an organization with annual expenses exceeding $3 million and suggests that either all executive leadership is unpaid, or their compensation is categorized differently within the 990, such as 'other salaries and wages,' which would require reviewing the full filing for clarity.
What is the trend in Expect Miracles Foundation's financial performance?
The organization has shown consistent revenue growth over the past decade, from $1,181,356 in 2014 to $3,172,873 in 2023. However, in the most recent two periods (2022 and 2023), expenses ($3,266,819 and $3,474,407 respectively) have exceeded revenue ($3,048,284 and $3,172,873 respectively), indicating a slight deficit in recent operations.
Filing History
IRS 990 filing history for Expect Miracles Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Expect Miracles Foundation's revenue has grown by 141.9%, moving from $1.3M to $3.2M. Total assets increased by 251.5% over the same period, from $322K to $1.1M. Total functional expenses rose by 188.1%, from $1.2M to $3.5M. In its most recent filing year (2023), Expect Miracles Foundation reported a deficit of $302K, with expenses exceeding revenue. The organization holds $597K in liabilities against $1.1M in assets (debt-to-asset ratio: 52.7%), resulting in net assets of $536K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $3.5M | $1.1M | $597K | — | — |
| 2022 | $3.0M | $3.3M | $1.1M | $277K | — | View 990 |
| 2021 | $3.4M | $2.6M | $1.5M | $344K | — | View 990 |
| 2020 | $2.8M | $2.7M | $1.3M | $379K | — | View 990 |
| 2019 | $2.8M | $2.7M | $941K | $234K | — | View 990 |
| 2018 | $2.1M | $2.0M | $1.3M | $695K | — | View 990 |
| 2017 | $1.5M | $1.6M | $1.1M | $580K | — | View 990 |
| 2016 | $1.1M | $1.3M | $283K | $0 | — | View 990 |
| 2015 | $1.2M | $999K | $408K | $0 | — | View 990 |
| 2014 | $1.2M | $1.1M | $198K | $2K | — | View 990 |
| 2013 | $1.3M | $1.3M | $135K | $2K | — | View 990 |
| 2012 | $1.1M | $1.1M | $134K | $2K | — | View 990 |
| 2011 | $1.5M | $1.7M | $129K | $2K | — | View 990 |
| 2010 | $1.3M | $1.2M | $322K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $3.5M, and assets of $1.1M (revenue +4.1% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.3M, and assets of $1.1M (revenue -9.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.6M, and assets of $1.5M (revenue +20.3% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.7M, and assets of $1.3M (revenue +1.5% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.7M, and assets of $941K (revenue +31.6% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.0M, and assets of $1.3M (revenue +41.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $1.1M (revenue +30.8% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.3M, and assets of $283K (revenue -5.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $999K, and assets of $408K (revenue +2.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $198K (revenue -9.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $135K (revenue +22.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.1M, and assets of $134K (revenue -30.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.7M, and assets of $129K (revenue +16.2% year-over-year).
- 2010: Revenue of $1.3M, expenses of $1.2M, and assets of $322K.
Data Sources and Methodology
This transparency report for Expect Miracles Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.