MIRACLE CORNERS OF THE WORLD INC (EIN 113548856) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

EDWARD BERGMAN

Phone

2124535811

Tax Period

2023-01-01 to 2023-12-31

MIRACLE CORNERS OF THE WORLD INC, founded in 1999, is a community nonprofit in the International Affairs sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 11% operating deficit.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $971,863

Program Service Revenue $0

Investment Income $80,120

Other Revenue $0

TOTAL REVENUE $1,051,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,830

Fundraising Expenses $86,537

Program Expenses $1,036,234

Other Expenses $861,274

TOTAL EXPENSES $1,163,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,051,983	$1,001,934	+0.0%
Expenses	$1,163,104	$936,909	+0.2%
Net Income	$-111,121	$65,025	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$239,740

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD BERGMAN	PRESIDENT	3.00	Officer Director	$0	$0	$0
PAUL BERGMAN	TRUSTEE	2.00	Director	$0	$0	$0
RICHARD MIRANDA	TREASURER	2.00	Officer Director	$0	$0	$0
HUMERA QAZI	TRUSTEE	2.00	Director	$0	$0	$0
DR CHARLES ROBBINS	TRUSTEE	2.00	Director	$0	$0	$0
MARK KEMPER	TRUSTEE	2.00	Director	$0	$0	$0
ANNA CONDOULIS	TRUSTEE	2.00	Director	$0	$0	$0
KHALID ELACHI	KEY EMPLOYEE	40.00	Key Emp Highest	$129,996	$0	$129,996
REGINA LEICHNER	KEY EMPLOYEE	40.00	Key Emp Highest	$109,744	$0	$109,744
KABINGA PANDE	TRUSTEE	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,051,983	$1,163,104	$2,351,057	$-111,121
2022	$1,001,934	$936,909	$2,295,796	$65,025
2021	$1,156,861	$676,722	$2,412,380	$480,139
2020	$960,912	$688,011	$1,924,597	$272,901

MIRACLE CORNERS OF THE WORLD INC