Overview
What is Expect A Miracle Ministries?
Expect A Miracle Ministries is a nonprofit organization, headquartered in Albuquerque, New Mexico, with a specific mission to assist homeless men. Their primary goal is to guide these individuals towards spiritual growth by introducing them to Christianity, establishing a strong foundation, and ultimately helping them reintegrate into society. Over the course of their operations, they have managed to expand their membership base by 1,000 people and positively impacted three families, while four individuals have successfully re-entered society with a renewed faith. The organization operates with a small team of three dedicated employees.
Official website here: www.expectamiracleabq.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44% (Zero-Star out of Four Star rating)
Expect A Miracle Ministries has received a low score of 44%, indicating significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. While it has a strong program expense ratio of 84.64%, suggesting that a substantial portion of its funds goes directly to its programs, the overall lack of transparency and missing policies critically affect its score.
Some strengths include a perfect score for material diversion of assets and the presence of documented board meeting minutes, demonstrating that there are structured discussions regarding its operations. However, the absence of vital policies, such as conflict of interest and whistleblower protections, presents serious governance risks. Additionally, the liabilities to assets ratio of 77.34% signals potential financial instability, which could threaten the organization's ability to continue its mission effectively.
Overall, while Expect A Miracle Ministries shows commitment in some areas, the lack of independent oversight, missing governance policies, and concerning financial metrics highlight significant areas for improvement. Potential donors and supporters may want to consider these factors carefully before getting involved.
This AI summary has been generated from information found on Charity Navigator.
Is Expect A Miracle Ministries legitimate?
Expect A Miracle Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Expect A Miracle Ministries submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $78,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,678
For more financial information, click here
Official website here: www.expectamiracleabq.com
What is the mission statement of Expect A Miracle Ministries?
Expect A Miracle Ministries is committed to helping homeless men, providing them with a new direction in life. Their mission is to guide these individuals towards accepting Christianity, establish a strong foundation for them, and facilitate their reintegration into society. Through their efforts, the ministry has seen significant progress, with the addition of 1,000 members, restoration of three families, and four individuals successfully re-entering society with Christ as their foundation.
Official website here: www.expectamiracleabq.com
Who is the CEO of Expect A Miracle Ministries?
Pedro L Jaramillo is the Director of Expect A Miracle Ministries.
Official website here: www.expectamiracleabq.com
What is the revenue of Expect A Miracle Ministries?
Expect A Miracle Ministries's revenue in 2022 was $468,028.
Official website here: www.expectamiracleabq.com
Who are the executives of Expect A Miracle Ministries and what are their salaries?
The average compensation at Expect A Miracle Ministries during 2022 was $41,469. There are 3 employees at Expect A Miracle Ministries.
Here are 4 key members and their salaries:
- Compensation: $43,160
- Related: $0
- Other: $0
- Compensation: $35,570
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.expectamiracleabq.com
Where can I find the form 990 for Expect A Miracle Ministries?
Expect A Miracle Ministries's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.expectamiracleabq.com
Learn more at the official website: www.expectamiracleabq.com
Mission Statement of Expect A Miracle Ministries
Expect A Miracle Ministries is an organization dedicated to making a significant impact in the lives of men who find themselves on the streets. Their mission is threefold: first, to guide these individuals towards embracing Christianity; second, to establish a solid foundation for them; and third, to aid in their reintegration into society. Through their efforts, they have seen positive outcomes, adding 1,000 members to their community, restoring three families, and successfully helping four individuals re-enter society with a strong faith in Christ as their foundation.
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Impact
July, 2024
Expect A Miracle Ministries has had a significant impact by bringing men off the streets, leading them to Christ, laying a foundation for their lives, and helping them re-enter society successfully. They have added 1,000 members to their community, restored 3 families, and enabled 4 individuals to reintegrate into society with Christ as their foundation. This organization in Albuquerque, NM, is fulfilling its mission to transform lives and provide hope to those in need.
This information is meant to be a general summary of Expect A Miracle Ministries. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37
- Program Service Revenue: $423,169
- Gross Receipts: $468,028
Assets and Liabilities:
- Total Assets: $843,680
- Total Liabilities: $652,664
- Net Assets: $191,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of Goods & Services
Revenue
$423,169
Organization Details
Founding Year
2012
Phone
(505) 565-2140Principal Officer
Pedro L Jaramillo
Main Address
PO BOX 80296, ALBUQUERQUE, NM, 87198
Website
www.expectamiracleabq.comNTEE Category
Code: X20 - Religion related
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