Miracle Village International Inc

Miracle Village International Inc operates debt-free but has faced recent revenue shortfalls against expenses.

EIN: 134298211 · Melbourne, AR · NTEE: Q33 · Updated: 2026-03-28

$530KRevenue

$206KAssets

85/100Mission Score (Excellent)

Q33

About Miracle Village International Inc

Miracle Village International Inc (EIN: 134298211) is a nonprofit organization based in Melbourne, AR, classified under NTEE code Q33. The organization reported total revenue of $530K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miracle Village International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Miracle Village International Inc 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: 85%
fundraising: 5%

According to IRS 990 filings, Miracle Village International Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that officers either serve on a volunteer basis or receive compensation below the IRS reporting threshold, which is highly favorable for an organization of its size with revenues typically ranging from $300,000 to $600,000.

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 Village International Inc's IRS 990 filings:

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

The following positive indicators were identified for Miracle Village International Inc:

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.

Frequently Asked Questions about Miracle Village International Inc

Is Miracle Village International Inc a good charity?

Based on the available data, Miracle Village International Inc appears to be a good charity, particularly due to its consistent lack of liabilities, zero reported officer compensation, and long history of IRS filings. While recent operating deficits are a concern, the organization's commitment to being debt-free and minimizing executive overhead are strong positive indicators.

What caused the recent revenue shortfalls?

The provided data does not specify the exact causes of the revenue shortfalls in 2023 and 2022. Further investigation into their fundraising strategies, economic factors, or changes in donor base would be needed to understand these trends.

How does the organization manage to operate with 0% officer compensation?

The consistent 0% officer compensation suggests that the organization's leadership either volunteers their time or receives compensation below the IRS reporting threshold for officers, directors, and trustees. This is a significant factor in keeping administrative costs low.

Filing History

IRS 990 filing history for Miracle Village International Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Miracle Village International Inc's revenue has declined by 42.9%, moving from $819K to $467K. Total assets decreased by 43.1% over the same period, from $337K to $192K. Total functional expenses fell by 20.8%, from $671K to $531K. In its most recent filing year (2023), Miracle Village International Inc reported a deficit of $64K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$467K	$531K	$192K	$0	—	—
2022	$389K	$443K	$256K	$0	—	—
2021	$365K	$305K	$310K	$0	—	View 990
2020	$460K	$398K	$251K	$0	—	View 990
2019	$464K	$487K	$189K	$0	—	View 990
2018	$510K	$485K	$212K	$0	—	View 990
2017	$492K	$556K	$187K	$0	—	View 990
2016	$683K	$626K	$251K	$0	—	View 990
2015	$544K	$572K	$195K	$0	—	View 990
2014	$598K	$626K	$223K	$0	—	View 990
2013	$810K	$862K	$251K	$0	—	View 990
2012	$782K	$816K	$303K	$0	—	View 990
2011	$819K	$671K	$337K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $467K, expenses of $531K, and assets of $192K (revenue +20.2% year-over-year).
2022: Revenue of $389K, expenses of $443K, and assets of $256K (revenue +6.7% year-over-year).
2021: Revenue of $365K, expenses of $305K, and assets of $310K (revenue -20.8% year-over-year).
2020: Revenue of $460K, expenses of $398K, and assets of $251K (revenue -0.8% year-over-year).
2019: Revenue of $464K, expenses of $487K, and assets of $189K (revenue -9.0% year-over-year).
2018: Revenue of $510K, expenses of $485K, and assets of $212K (revenue +3.7% year-over-year).
2017: Revenue of $492K, expenses of $556K, and assets of $187K (revenue -28.0% year-over-year).
2016: Revenue of $683K, expenses of $626K, and assets of $251K (revenue +25.6% year-over-year).
2015: Revenue of $544K, expenses of $572K, and assets of $195K (revenue -9.1% year-over-year).
2014: Revenue of $598K, expenses of $626K, and assets of $223K (revenue -26.2% year-over-year).
2013: Revenue of $810K, expenses of $862K, and assets of $251K (revenue +3.6% year-over-year).
2012: Revenue of $782K, expenses of $816K, and assets of $303K (revenue -4.5% year-over-year).
2011: Revenue of $819K, expenses of $671K, and assets of $337K.

Data Sources and Methodology

This transparency report for Miracle Village International Inc 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.