Miracles Ground Charity
Miracles Ground Charity reports $0 revenue and assets in its latest filing, following a history of highly volatile financial activity.
EIN: 204347139 · Newark, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3.5M |
| Program Spending | 70% |
| Net Assets | $17K |
| Transparency Score | 30/100 |
Is Miracles Ground Charity Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Miracles Ground Charity directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Miracles Ground Charity
Miracles Ground Charity (EIN: 204347139) is a nonprofit organization based in Newark, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miracles Ground Charity's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miracles Ground Charity is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2010–2015). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-210 |
| Total Assets | $17K |
| Net Assets | $17K |
| Operating Margin | -0.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2015, Miracles Ground Charity reported a deficit of $210 with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2010–2015), Miracles Ground Charity's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -57.5% | -57.4% | -1.2% |
| 2012 | -100.0% | -100.0% | -191.9% |
| 2011 | +169.5% | +56.4% | -98.2% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Miracles Ground Charity with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Miracles Ground Charity allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $210, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a positive for minimizing overhead.
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 Miracles Ground Charity's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
- Highly inconsistent financial history with extreme fluctuations in revenue and expenses.
- Negative asset balance reported in the 201212 filing period.
- NTEE code is unknown, which can hinder understanding of its specific charitable purpose.
Strengths
The following positive indicators were identified for Miracles Ground Charity:
- Consistent reporting of 0% officer compensation across all available filings.
Frequently Asked Questions about Miracles Ground Charity
Is Miracles Ground Charity a legitimate charity?
Based on AI analysis of IRS 990 filings, Miracles Ground Charity (EIN: 204347139) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Miracles Ground Charity spend its money?
Miracles Ground Charity directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Miracles Ground Charity tax-deductible?
Miracles Ground Charity is registered as a tax-exempt nonprofit (EIN: 204347139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Miracles Ground Charity's spending goes to programs?
Miracles Ground Charity directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Miracles Ground Charity located?
Miracles Ground Charity is headquartered in Newark, New Jersey and files with the IRS under EIN 204347139.
How many years of IRS 990 filings does Miracles Ground Charity have?
Miracles Ground Charity has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Miracles Ground Charity currently operational?
The latest filing showing $0 revenue and $0 assets strongly suggests the organization may no longer be operational or is in a dormant state.
What caused the significant fluctuations in revenue and expenses?
The filings do not provide specific details for the drastic changes, such as revenue dropping from $8.2 million in 2014 to $0 in the latest period, or expenses varying wildly, making it difficult to understand the underlying causes.
Why were assets negative in 2012?
The filing for 201212 shows assets of $-41,347, which is an unusual and concerning financial indicator that is not explained in the provided data.
Filing History
IRS 990 filing history for Miracles Ground Charity showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2015), Miracles Ground Charity's revenue has grown by 36.3%, moving from $2.6M to $3.5M. Total assets decreased by 99.3% over the same period, from $2.5M to $17K. Total functional expenses rose by 923.8%, from $344K to $3.5M. In its most recent filing year (2015), Miracles Ground Charity reported a deficit of $210, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $3.5M | $3.5M | $17K | $0 | — | — |
| 2014 | $8.3M | $8.3M | $18K | $0 | — | — |
| 2012 | $0 | $0 | $-41,347 | $0 | — | View 990 |
| 2011 | $7.0M | $539K | $45K | $0 | — | View 990 |
| 2010 | $2.6M | $344K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $3.5M, expenses of $3.5M, and assets of $17K (revenue -57.5% year-over-year).
- 2014: Revenue of $8.3M, expenses of $8.3M, and assets of $18K.
- 2012: Revenue of $0, expenses of $0, and assets of $-41,347 (revenue -100.0% year-over-year).
- 2011: Revenue of $7.0M, expenses of $539K, and assets of $45K (revenue +169.5% year-over-year).
- 2010: Revenue of $2.6M, expenses of $344K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miracles Ground Charity:
Data Sources and Methodology
This transparency report for Miracles Ground Charity 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.