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The Miracle Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742989580 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is The Miracle Foundation Inc?

The Miracle Foundation Inc is a compassionate nonprofit organization dedicated to improving the lives of orphaned children worldwide. They have devised a reliable, replicable, and structured approach to ensure these children receive essentials such as education, nutrition, love, and safety. Their mission, "A Family for Every Child in Our Lifetime," emphasizes their commitment to providing a nurturing environment for these vulnerable individuals.


Official website here: www.miraclefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 99% (Four-Star out of Four Stars)

The Miracle Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its outstanding performance in various areas such as accountability and finance, leadership, and community engagement. With an impressive program expense ratio of 81.79% and a perfect score in both accountability and leadership adaptability, the organization demonstrates a strong commitment to effectively utilizing donor funds for its mission.

User reviews consistently highlight the foundation's impactful work in supporting orphaned and vulnerable children, emphasizing its holistic approach that encompasses family-based care, education, and emotional support. Volunteers and donors alike commend the organization for its transparency, dedication, and significant positive outcomes for the children it serves. Many individuals express a deep personal connection to the foundation, citing the passionate team and the transformative experiences witnessed during their involvement.

While the foundation enjoys an excellent reputation, it is essential to note that some ratings in leadership adaptability and culture and community are lower compared to its overall score. This indicates potential areas for growth, but overall feedback suggests that the Miracle Foundation is making meaningful strides in its mission to create sustainable change in the lives of children.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is The Miracle Foundation Inc legitimate?

The Miracle Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Miracle Foundation Inc 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: $323,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,295,591

For more financial information, click here


Official website here: www.miraclefoundation.org

What is the mission statement of The Miracle Foundation Inc?

The Miracle Foundation's mission is centered around providing support for orphaned children, aiming to help them flourish in their present lives. The organization has developed a systematic and measurable approach to ensure these children receive education, nourishment, love, and safety. Their methodology is repeatable, with the ultimate goal of providing a nurturing environment for orphans to thrive in.


Official website here: www.miraclefoundation.org

Who is the CEO of The Miracle Foundation Inc?

Leslie Beasley is the Chairman of The Miracle Foundation Inc. The CEO's salary of The Miracle Foundation Inc is $161,250 and their total compensation is $161,250.


Official website here: www.miraclefoundation.org

What is the revenue of The Miracle Foundation Inc?

The Miracle Foundation Inc's revenue in 2023 was $5,222,541.


Official website here: www.miraclefoundation.org

Who are the executives of The Miracle Foundation Inc and what are their salaries?

The average compensation at The Miracle Foundation Inc during 2023 was $115,667. There are 14 employees and 6 volunteers at The Miracle Foundation Inc.


Here are 12 key members and their salaries (The Miracle Foundation Inc's CEO's salary is $161,250 and their total compensation is $161,250):


Krishna Srinivasan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Boudreaux (Founder)
  • Compensation: $152,961
  • Related: $0
  • Other: $16,604
Leslie Beasley (Ceo)
  • Compensation: $161,250
  • Related: $0
  • Other: $0
Rajeev Kathuria (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nabella Ixtabalan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Messer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisa Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Marsili (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Starns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Olse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Ajuja (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Romell (Cfo/Treasurer)
  • Compensation: $90,203
  • Related: $0
  • Other: $14,656


Official website here: www.miraclefoundation.org

Where can I find the form 990 for The Miracle Foundation Inc?

The Miracle Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.miraclefoundation.org

Learn more at the official website: www.miraclefoundation.org

Mission Statement of The Miracle Foundation Inc

The Miracle Foundation is committed to making a significant impact on the lives of orphaned children, aiming to provide them with a nurturing environment where they can thrive. This nonprofit organization has developed a systematic and measurable approach to ensure that these children receive essentials such as education, nutrition, love, and safety. The Miracle Foundation's ultimate goal is to provide a family for every orphaned child within their lifetime.

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Impact




July, 2024

The Miracle Foundation Inc ensures that orphaned children are educated, fed, loved, and safe, creating a measurable, repeatable, and systematic method for their well-being. Their impact is seen in providing a family for every child in their lifetime, helping orphaned children thrive in real time.




This information is meant to be a general summary of The Miracle Foundation Inc. 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.

Revenue
$5,222,541 (2023)
Expenses
$4,628,493 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $106,001
  • Gross Receipts: $5,222,541

Assets and Liabilities:

  • Total Assets: $4,616,628
  • Total Liabilities: $393,376
  • Net Assets: $4,223,252

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Organization Details

Founding Year

2000

Principal Officer

Leslie Beasley

Main Address

1506 W 6TH STREET, AUSTIN, TX, 78703

NTEE Category

Code: P31 - Human services

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