Totals
- Total revenue
- $5,222,541
- Total expenses
- $4,628,493
- Contributions and grants received
- $5,116,140
- Grants paid
- $958,336
- Program service revenue
- $0
- Investment income
- $106,001
- Other revenue
- $400
- Total assets, end of year
- $4,616,628
- Total liabilities, end of year
- $393,376
- Net assets or fund balances, end of year
- $4,223,252
- Program services expenses (Part IX)
- $3,722,207
- Management and general expenses
- $395,771
- Fundraising expenses
- $510,515
- Program service expenses (Part III)
- $3,722,207
Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,116,140
-
3 · Investment income
total $106,001 · excluded $106,001
-
11a · Other revenue: OTHER INCOME
total $400 · related or exempt $400
-
11e · Other revenue, total
$400
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $958,336 · program services $958,336
-
5 · Compensation of officers, directors and key employees
total $323,751 · program services $291,376 · management and general $11,940 · fundraising $20,435
-
7 · Other salaries and wages
total $1,295,591 · program services $816,508 · management and general $252,534 · fundraising $226,549
-
8 · Pension plan contributions
total $30,779 · program services $20,088 · management and general $4,944 · fundraising $5,747
-
9 · Other employee benefits
total $185,922 · program services $127,911 · management and general $30,553 · fundraising $27,458
-
10 · Payroll taxes
total $95,454 · program services $62,299 · management and general $15,331 · fundraising $17,824
-
11b · Fees: legal
total $700 · program services $457 · management and general $112 · fundraising $131
-
11c · Fees: accounting
total $74,893 · program services $50,256 · management and general $12,174 · fundraising $12,463
-
11g · Fees: other
total $187,573 · program services $154,331 · management and general $21,543 · fundraising $11,699
-
12 · Advertising and promotion
total $108,490 · program services $30,000 · fundraising $78,490
-
13 · Office expenses
total $121,556 · program services $92,841 · management and general $16,613 · fundraising $12,102
-
16 · Occupancy
total $17,459 · program services $11,395 · management and general $2,804 · fundraising $3,260
-
17 · Travel
total $74,217 · program services $64,388 · management and general $1,089 · fundraising $8,740
-
19 · Conferences, conventions and meetings
total $5,125 · program services $3,591 · management and general $709 · fundraising $825
-
20 · Interest
total $2,608 · program services $1,702 · management and general $419 · fundraising $487
-
22 · Depreciation, depletion and amortization
total $38,326 · program services $25,014 · management and general $6,155 · fundraising $7,157
-
23 · Insurance
total $4,808 · program services $3,138 · management and general $772 · fundraising $898
-
24a · Other expenses: PARTNER PROGRAM COSTS
total $468,593 · program services $406,573 · management and general $3,142 · fundraising $58,878
-
24b · Other expenses: FOSTER SHARE
total $344,950 · program services $344,950
-
24c · Other expenses: HOME THRIVE SCALE APP
total $181,714 · program services $181,714
-
24d · Other expenses: COMPUTER AND INTERNET
total $77,535 · program services $55,545 · management and general $10,168 · fundraising $11,822
-
24e · All other expenses
total $30,113 · program services $19,794 · management and general $4,769 · fundraising $5,550
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $381,493 · end of year $553,938
-
2 · Savings and temporary cash investments
beginning of year $32,651 · end of year $981,495
-
4 · Accounts receivable
end of year $1,488
-
9 · Prepaid expenses and deferred charges
beginning of year $95,061 · end of year $23,641
-
10a · Land, buildings and equipment: cost or other basis
$624,916
-
10b · Land, buildings and equipment: accumulated depreciation
$139,540
-
10c · Land, buildings and equipment, net
beginning of year $496,257 · end of year $485,376
-
11 · Investments: publicly traded securities
beginning of year $2,916,128 · end of year $2,433,362
-
14 · Intangible assets
beginning of year $23,002 · end of year $622
-
15 · Other assets
beginning of year $7,500 · end of year $136,706
-
17 · Accounts payable and accrued expenses
beginning of year $219,896 · end of year $273,734
-
25 · Other liabilities
beginning of year $0 · end of year $119,642
-
27 · Net assets without donor restrictions
beginning of year $3,695,806 · end of year $3,135,039
-
28 · Net assets with donor restrictions
beginning of year $36,390 · end of year $1,088,213
Mission and programs · 2022
Mission
A FAMILY FOR EVERY CHILD IN OUR LIFETIME.
-
PREVENT CHILDREN FROM ENTERING THE SYSTEM IN THE FIRST PLACE. EVERY DAY AROUND THE WORLD, SOCIAL WORKERS, CAREGIVERS AND GOVERNMENT OFFICIALS MAKE DECISIONS THAT IMPACT MILLIONS OF VULNERABLE CHILDREN. ALONG WITH UNICEF AND OTHER PARTNERS, WE PROVIDE HIGHLY SPECIALIZED TRAINING AND EDUCATIONAL RESOURCES FOR THESE "BOOTS ON THE GROUND" WORKERS IN THE CHILDCARE ECOSYSTEM. THROUGH THIS COLLABORATION AND OUR SCALEABLE TECHNOLOGIES, MIRACLE FOUNDATION HAS TRAINED MORE THAN 3,578 GOVERNMENT OFFICIALS AND CAREGIVERS AND ACTIVATED COMMUNITY AND YOUTH LED INITIATIVES. ALL OF THIS OUTREACH WORKS TO IDENTIFY AND SUPPORT AT-RISK CHILDREN AND VULNERABLE FAMILIES LONG BEFORE FORMAL INTERVENTIONS BECOME A NECESSITY.
Expenses $1,304,370 · Grants $312,658 · Revenue $400
-
WE UNITE CHILDREN WITH FAMILIES.CHILDREN WANT TO GROW UP IN A FAMILY, AND EACH OF THEM HAVE THE RIGHT TO A SAFE, STABLE, AND PERMANENT HOME. EACH CHILD'S JOURNEY HOME IS UNIQUE, AS WE LEAD THE TRANSITION OF CHILDREN AWAY FROM INSTITUTIONS, OUR JOB IS TO MAKE SURE THIS WORK IS DONE IN A SAFE, STABLE, AND PERMANENT WAY. TO FACILITATE THIS, WE USE OUR THRIVE SCALE METHODOLOGY TO MEASURE AND ACTIVATE A CHILD'S RIGHTS AND STRENGTHEN THEIR FAMILY TO ENSURE THEY STAY TOGETHER.
Expenses $1,334,481 · Grants $552,272
-
ENSURE CHILDREN GROW UP IN A SAFE, STABLE FAMILY.WE WORK TIRELESSLY TO HELP STABILIZE CHILDREN WHILE THEY AWAIT A FOREVER HOME. WE USE DATA TO DRIVE OUR DECISIONS AND ENSURE THAT ALL CHILDREN THRIVE, OUR LEADING-EDGE FOSTERSHARE SOFTWARE OFFERS A REVOLUTIONARY AND WELCOME CHANGE TO THE US FOSTER CARE SYSTEM. OUR WORK IN FOSTER CARE HELPS STREAMLINE COMMUNICATIONS, SIMPLIFIES THE REPORTING PROCESS, AND ULTIMATELY HELPS CHILDREN AVOID THE PAINFUL PROCESS OF BEING MOVED FROM HOME TO HOME. SECONDLY, OUR PROPRIETARY THRIVE SCALE METHODOLOGY ALLOWS US TO MEASURE PROGRESS AND ASSESS RISK AT EVERY STAGE OF OUR WORK. DEVELOPED OVER THE PAST TWO DECADES, THIS ONE-OF-A-KIND TOOL IS TAKING THE GUESSWORK OUT OF CHILD CARE AND HAS PROPELLED MIRACLE FOUNDATION INTO A GLOBAL NONPROFIT ORGANIZATION FOR CHILDREN.
Expenses $1,083,356 · Grants $93,406
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Krishna SrinivasanKRISHNA SRINIVASAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Caroline BoudreauxCAROLINE BOUDREAUX
FOUNDER
- Total calculated
- $169,565
- From this org
- $152,961
- From related orgs
- $0
- Other
- $16,604
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $152,961
- Bonus
- $0
- Other
- $0
- Deferred
- $6,916
- Nontaxable benefits
- $9,688
- Filer's total
- $169,565
-
Leslie BeasleyLESLIE BEASLEY
CEO
- Total calculated
- $161,250
- From this org
- $161,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $161,250
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $161,250
-
Rajeev KathuriaRAJEEV KATHURIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nabella IxtabalanNABELLA IXTABALAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John MesserJOHN MESSER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Trisa ThompsonTRISA THOMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel MarsiliDANIEL MARSILI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen StarnsKAREN STARNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katie OlseKATIE OLSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peggy AjujaPEGGY AJUJA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marty RomellMARTY ROMELL
CFO/TREASURER
- Total calculated
- $104,859
- From this org
- $90,203
- From related orgs
- $0
- Other
- $14,656
- Hours/week
- 35
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MIRACLE FOUNDATION INDIA
CARE AND EDUCATION FOR ORPHANS · IN · controlled entity
Directly controlled by THE MIRACLE FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301959349302005
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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