Miracle Of Agriculture Foundation
EIN: 851010363 · Sandy, UT · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $438K |
| Net Assets | $135K |
Is Miracle Of Agriculture Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Miracle Of Agriculture Foundation
Miracle Of Agriculture Foundation (EIN: 851010363) is a nonprofit organization based in Sandy, UT, classified under NTEE code T99. The organization reported total revenue of $167K and total assets of $278K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miracle Of Agriculture Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miracle Of Agriculture Foundation is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -19.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $733K |
| Total Expenses | $438K |
| Surplus / Deficit | +$296K |
| Total Assets | $391K |
| Total Liabilities | $256K |
| Net Assets | $135K |
| Operating Margin | 40.3% |
| Debt-to-Asset Ratio | 65.5% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2023, Miracle Of Agriculture Foundation reported a surplus of $296K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 65.5% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Miracle Of Agriculture Foundation's revenue has declined at a compound annual growth rate (CAGR) of -19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +295.6% | +73.6% | +207.6% |
| 2022 | -83.2% | -80.0% | +110.3% |
| 2021 | -21.5% | -5.4% | -45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Miracle Of Agriculture Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Miracle Of Agriculture Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $296K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.5%.
Frequently Asked Questions about Miracle Of Agriculture Foundation
Is Miracle Of Agriculture Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Miracle Of Agriculture Foundation (EIN: 851010363) insufficient data. 0 red flags identified, 0 strengths noted.
How does Miracle Of Agriculture Foundation spend its money?
Detailed spending breakdown data is not yet available for Miracle Of Agriculture Foundation. Check back for updated IRS 990 analysis.
Are donations to Miracle Of Agriculture Foundation tax-deductible?
Miracle Of Agriculture Foundation is registered as a tax-exempt nonprofit (EIN: 851010363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Miracle Of Agriculture Foundation located?
Miracle Of Agriculture Foundation is headquartered in Sandy, Utah and files with the IRS under EIN 851010363. It is classified under NTEE code T99.
How many years of IRS 990 filings does Miracle Of Agriculture Foundation have?
Miracle Of Agriculture Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $167K in total revenue.
Filing History
IRS 990 filing history for Miracle Of Agriculture Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Miracle Of Agriculture Foundation's revenue has declined by 47.7%, moving from $1.4M to $733K. Total assets increased by 251% over the same period, from $111K to $391K. Total functional expenses fell by 67.2%, from $1.3M to $438K. In its most recent filing year (2023), Miracle Of Agriculture Foundation reported a surplus of $296K, with revenue exceeding expenses. The organization holds $256K in liabilities against $391K in assets (debt-to-asset ratio: 65.5%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $733K | $438K | $391K | $256K | — | — |
| 2022 | $185K | $252K | $127K | $288K | — | View 990 |
| 2021 | $1.1M | $1.3M | $60K | $154K | — | View 990 |
| 2020 | $1.4M | $1.3M | $111K | $43K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $733K, expenses of $438K, and assets of $391K (revenue +295.6% year-over-year).
- 2022: Revenue of $185K, expenses of $252K, and assets of $127K (revenue -83.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $60K (revenue -21.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miracle Of Agriculture Foundation:
Data Sources and Methodology
This transparency report for Miracle Of Agriculture 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.