Miracle League Of Las Vegas
Miracle League Of Las Vegas faces long-term financial challenges with persistent operating deficits and declining assets over the past decade.
EIN: 203618077 · Las Vegas, NV · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $172K |
| Total Expenses | $309K |
| Program Spending | 75% |
| Net Assets | $418K |
| Transparency Score | 60/100 |
Is Miracle League Of Las Vegas Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Miracle League Of Las Vegas directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Miracle League Of Las Vegas
Miracle League Of Las Vegas (EIN: 203618077) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code P80. The organization reported total revenue of $172K and total assets of $296K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miracle League Of Las Vegas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miracle League Of Las Vegas is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $190K |
| Total Expenses | $309K |
| Surplus / Deficit | $-118,758 |
| Total Assets | $418K |
| Net Assets | $418K |
| Operating Margin | -62.5% |
| Months of Reserves | 16.3 months |
Financial Health Grade: B
In 2023, Miracle League Of Las Vegas reported a deficit of $119K with expenses exceeding revenue, holds 16.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Miracle League Of Las Vegas's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.1% | +37.9% | -22.1% |
| 2022 | -43.9% | -1.3% | -18.4% |
| 2021 | +11.7% | +2.4% | -6.2% |
| 2020 | +21.5% | -23.3% | -7.6% |
| 2019 | -34.6% | +29.2% | -16.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Miracle League Of Las Vegas with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Miracle League Of Las Vegas allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $119K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries, which is highly favorable for direct program funding.
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 Miracle League Of Las Vegas's IRS 990 filings:
- Consistent operating deficits: Expenses have exceeded revenue in every reported year, such as $308,713 in expenses vs. $189,955 in revenue in 2023.
- Significant asset depletion: Assets have decreased from $1,282,994 in 2014 to $418,132 in 2023, indicating a substantial draw on reserves.
- Lack of clear financial turnaround: The trend of deficit spending has persisted for over a decade without apparent reversal.
Strengths
The following positive indicators were identified for Miracle League Of Las Vegas:
- Zero officer compensation: No officer compensation reported across all filings, indicating that resources are not being used for executive salaries.
- Consistent IRS 990 filing history: 13 filings demonstrate a commitment to transparency and compliance with reporting requirements.
- No reported liabilities: Liabilities are consistently reported as $0, suggesting the organization is not accumulating debt.
Frequently Asked Questions about Miracle League Of Las Vegas
Is Miracle League Of Las Vegas a legitimate charity?
Miracle League Of Las Vegas (EIN: 203618077) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $172K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Miracle League Of Las Vegas spend its money?
Miracle League Of Las Vegas directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Miracle League Of Las Vegas tax-deductible?
Miracle League Of Las Vegas is registered as a tax-exempt nonprofit (EIN: 203618077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Miracle League Of Las Vegas's spending goes to programs?
Miracle League Of Las Vegas directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Miracle League Of Las Vegas compare to similar nonprofits?
With a transparency score of 60/100 (Good), Miracle League Of Las Vegas is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Miracle League Of Las Vegas located?
Miracle League Of Las Vegas is headquartered in Las Vegas, Nevada and files with the IRS under EIN 203618077. It is classified under NTEE code P80.
How many years of IRS 990 filings does Miracle League Of Las Vegas have?
Miracle League Of Las Vegas has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $172K in total revenue.
Is Miracle League Of Las Vegas financially sustainable?
Based on the provided data, the organization has consistently spent more than it has earned for over a decade, leading to a significant reduction in assets from $1,282,994 in 2014 to $418,132 in 2023. This trend raises serious concerns about its long-term financial sustainability without a change in its financial model.
How has the organization's asset base changed over time?
The organization's assets have declined substantially, from $1,282,994 in 2014 to $418,132 in 2023, representing a decrease of approximately 67% over nine years. This is a direct result of consistent operating deficits.
What is the trend in revenue versus expenses?
In almost every reported period, expenses have significantly outpaced revenue. For instance, in 2023, expenses were $308,713 while revenue was $189,955. This consistent deficit spending is the primary driver of asset depletion.
Filing History
IRS 990 filing history for Miracle League Of Las Vegas showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Miracle League Of Las Vegas's revenue has grown by 240.6%, moving from $56K to $190K. Total assets decreased by 63.8% over the same period, from $1.2M to $418K. Total functional expenses rose by 107.8%, from $149K to $309K. In its most recent filing year (2023), Miracle League Of Las Vegas reported a deficit of $119K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $190K | $309K | $418K | $0 | — | — |
| 2022 | $103K | $224K | $537K | $0 | — | View 990 |
| 2021 | $183K | $227K | $658K | $0 | — | View 990 |
| 2020 | $164K | $221K | $702K | $0 | — | View 990 |
| 2019 | $135K | $289K | $759K | $0 | — | View 990 |
| 2018 | $206K | $223K | $913K | $0 | — | View 990 |
| 2017 | $106K | $256K | $931K | $0 | — | View 990 |
| 2016 | $123K | $202K | $1.1M | $0 | — | View 990 |
| 2015 | $57K | $181K | $1.2M | $0 | — | View 990 |
| 2014 | $54K | $183K | $1.3M | $0 | — | View 990 |
| 2013 | $108K | $177K | $1.4M | $0 | — | View 990 |
| 2012 | $481K | $155K | $1.5M | $0 | — | View 990 |
| 2011 | $56K | $149K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $190K, expenses of $309K, and assets of $418K (revenue +85.1% year-over-year).
- 2022: Revenue of $103K, expenses of $224K, and assets of $537K (revenue -43.9% year-over-year).
- 2021: Revenue of $183K, expenses of $227K, and assets of $658K (revenue +11.7% year-over-year).
- 2020: Revenue of $164K, expenses of $221K, and assets of $702K (revenue +21.5% year-over-year).
- 2019: Revenue of $135K, expenses of $289K, and assets of $759K (revenue -34.6% year-over-year).
- 2018: Revenue of $206K, expenses of $223K, and assets of $913K (revenue +94.9% year-over-year).
- 2017: Revenue of $106K, expenses of $256K, and assets of $931K (revenue -13.9% year-over-year).
- 2016: Revenue of $123K, expenses of $202K, and assets of $1.1M (revenue +114.3% year-over-year).
- 2015: Revenue of $57K, expenses of $181K, and assets of $1.2M (revenue +6.6% year-over-year).
- 2014: Revenue of $54K, expenses of $183K, and assets of $1.3M (revenue -50.0% year-over-year).
- 2013: Revenue of $108K, expenses of $177K, and assets of $1.4M (revenue -77.6% year-over-year).
- 2012: Revenue of $481K, expenses of $155K, and assets of $1.5M (revenue +762.1% year-over-year).
- 2011: Revenue of $56K, expenses of $149K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miracle League Of Las Vegas:
Data Sources and Methodology
This transparency report for Miracle League Of Las Vegas 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.