Miracle League Of Valdosta Georgia
Miracle League Of Valdosta Georgia consistently operates with zero officer compensation, directing funds to its mission while managing fluctuating revenues.
EIN: 161738691 · Valdosta, GA · NTEE: P82 · Updated: 2026-03-28
Is Miracle League Of Valdosta Georgia 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 Valdosta Georgia directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Miracle League Of Valdosta Georgia
Miracle League Of Valdosta Georgia (EIN: 161738691) is a nonprofit organization based in Valdosta, GA, classified under NTEE code P82. The organization reported total revenue of $265K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miracle League Of Valdosta Georgia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miracle League Of Valdosta Georgia is a small nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $140K |
| Surplus / Deficit | +$13K |
| Total Assets | $1.4M |
| Total Liabilities | $556K |
| Net Assets | $860K |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 39.3% |
| Months of Reserves | 121.5 months |
Financial Health Grade: A
In 2023, Miracle League Of Valdosta Georgia reported a surplus of $13K with revenue exceeding expenses, holds 121.5 months of operating reserves (strong position), has a debt-to-asset ratio of 39.3% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Miracle League Of Valdosta Georgia's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.1% | -8.3% | -4.9% |
| 2022 | +6.5% | +7.1% | -2.0% |
| 2021 | +108.6% | -16.1% | -8.2% |
| 2020 | -15.4% | +572.9% | -7.0% |
| 2019 | -1.6% | +12.4% | +5.4% |
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 Valdosta Georgia with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Miracle League Of Valdosta Georgia allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all nine filing periods, indicating a volunteer-led organization. This is highly commendable and suggests that all available funds are directed towards the organization's mission rather than administrative salaries.
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 Valdosta Georgia's IRS 990 filings:
- Significant increase in liabilities from $0 in 2017 to $556,448 in 2023 without clear explanation in provided data.
- Expenses exceeded revenue in 2020 ($169,659 expenses vs. $99,868 revenue), indicating a deficit for that period.
Strengths
The following positive indicators were identified for Miracle League Of Valdosta Georgia:
- Consistent 0% officer compensation across all reported periods, maximizing funds for programs.
- Substantial growth in assets from $241,006 in 2015 to over $1.4 million in recent years.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Expenses generally managed below revenue in recent years (2021-2023).
Frequently Asked Questions about Miracle League Of Valdosta Georgia
Is Miracle League Of Valdosta Georgia a legitimate charity?
Based on AI analysis of IRS 990 filings, Miracle League Of Valdosta Georgia (EIN: 161738691) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Miracle League Of Valdosta Georgia spend its money?
Miracle League Of Valdosta Georgia directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Miracle League Of Valdosta Georgia tax-deductible?
Miracle League Of Valdosta Georgia is registered as a tax-exempt nonprofit (EIN: 161738691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Miracle League Of Valdosta Georgia a good charity?
Based on the available data, Miracle League Of Valdosta Georgia appears to be a very good charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds. Its assets have grown significantly over time, and program spending is likely very high given the lack of executive salaries.
What is the trend in the organization's revenue and expenses?
Revenue has fluctuated, with a high of $242,122 in 2017 and a low of $99,868 in 2020. Expenses have generally been lower than revenue in recent years (2021-2023), indicating sound financial management, though there was a period in 2020 where expenses ($169,659) exceeded revenue ($99,868).
Why have liabilities increased significantly since 2017?
Liabilities increased from $0 in 2017 to $556,448 in 2023. Without further detail from the 990 filings, it's difficult to pinpoint the exact reason. This could be due to long-term debt, program-related payables, or other financial obligations that would require a deeper dive into the specific line items of the 990.
How has the organization's asset base changed over time?
The organization's assets have shown substantial growth, increasing from $241,006 in 2015 to $1,416,722 in 2023, with a peak of $1,780,127 in 2019. This indicates successful asset accumulation and financial stability.
Filing History
IRS 990 filing history for Miracle League Of Valdosta Georgia showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Miracle League Of Valdosta Georgia's revenue has declined by 35.5%, moving from $237K to $153K. Total assets increased by 487.8% over the same period, from $241K to $1.4M. Total functional expenses rose by 581%, from $21K to $140K. In its most recent filing year (2023), Miracle League Of Valdosta Georgia reported a surplus of $13K, with revenue exceeding expenses. The organization holds $556K in liabilities against $1.4M in assets (debt-to-asset ratio: 39.3%), resulting in net assets of $860K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $140K | $1.4M | $556K | — | — |
| 2022 | $222K | $152K | $1.5M | $642K | — | — |
| 2021 | $208K | $142K | $1.5M | $742K | — | View 990 |
| 2020 | $100K | $170K | $1.7M | $944K | — | View 990 |
| 2019 | $118K | $25K | $1.8M | $998K | — | View 990 |
| 2018 | $120K | $22K | $1.7M | $1.0M | — | View 990 |
| 2017 | $242K | $22K | $591K | $0 | — | View 990 |
| 2016 | $143K | $13K | $371K | $0 | — | View 990 |
| 2015 | $237K | $21K | $241K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $153K, expenses of $140K, and assets of $1.4M (revenue -31.1% year-over-year).
- 2022: Revenue of $222K, expenses of $152K, and assets of $1.5M (revenue +6.5% year-over-year).
- 2021: Revenue of $208K, expenses of $142K, and assets of $1.5M (revenue +108.6% year-over-year).
- 2020: Revenue of $100K, expenses of $170K, and assets of $1.7M (revenue -15.4% year-over-year).
- 2019: Revenue of $118K, expenses of $25K, and assets of $1.8M (revenue -1.6% year-over-year).
- 2018: Revenue of $120K, expenses of $22K, and assets of $1.7M (revenue -50.4% year-over-year).
- 2017: Revenue of $242K, expenses of $22K, and assets of $591K (revenue +69.6% year-over-year).
- 2016: Revenue of $143K, expenses of $13K, and assets of $371K (revenue -39.8% year-over-year).
- 2015: Revenue of $237K, expenses of $21K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miracle League Of Valdosta Georgia:
Data Sources and Methodology
This transparency report for Miracle League Of Valdosta Georgia 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.