Milagro Initiative
- Assets
- $5.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Joy, PA
- Founding
- 01/2015
- Data as of
- 12/2020
- EIN
- 46-5312243
Organization Overview
Milagro Initiative is located in Mount Joy, PA. The organization was established in 2015. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milagro Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Milagro Initiative generated $18.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $24.6k during the year ending 12/2020. While expenses have increased by 3.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDING ASSISTANCE TO THE UNDERPRIVILEGED, PRIMARILY IN THE COUNTRY OF NICARAGUA, THROUGH THE CONSTRUCTION OF HOUSING AND SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Good President | 10 | $0 | |
Ken Carper Jr Secretary | 1 | $0 | |
Elijah Hershey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,775 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,009 |
| Other Revenue | $0 |
| Total Revenue | $18,766 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $765 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $250 |
| Other expenses | $23,586 |
| Total expenses | $24,601 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,841 |
| Other assets | $0 |
| Total assets | $5,521 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,521 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Milagro Initiative has recieved totaling $10,300.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magnolia Housing Inc North Bethesda, MD | $6,233,975 | $1,178,678 |
Civic Builders Inc New York, NY | $87,716,137 | $21,789,241 |
Buffalo Federation Of Neighborhood Centers Inc Buffalo, NY | $8,954,316 | $11,146,328 |
Horizons Of Tuscarawas And Carroll Cos Inc Dover, OH | $1,859,166 | $6,709,172 |
Grand Street Guild East Housing Development Fund Company Inc Garden City, NY | $32,476,672 | $9,886,793 |
Grand Street Guild Hdfc Inc Garden City, NY | $33,829,247 | $10,532,897 |
Aishes Chayil Dkiryas Joel Mothers Relief Center Inc Monroe, NY | $15,335,659 | $8,593,002 |
Prologue Inc Baltimore, MD | $8,569,201 | $6,794,698 |
Tenfold Lancaster, PA | $10,964,028 | $6,280,898 |
Eger Harbor House Inc Staten Island, NY | $7,548,241 | $1,243,763 |
Coalfield Development Corporation Wayne, WV | $14,261,514 | $7,130,153 |
Muhlenberg Community Housing Development Fund Corporation New York, NY | $13,246,264 | $3,873,664 |