THE MIRACLE LEAGUE OF THE TRIANGLE

EIN: 202696836 501(c)(3) Human Services

CARY, NC

Total Revenue
$800,081
Total Expenses
$859,364
Total Assets
$6,110,980
Net Assets
$4,361,017
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NC
Principal Officer
JEFFREY J EAKES
Phone
9192380333
Tax Period
2024-01-01 to 2024-12-31

THE MIRACLE LEAGUE OF THE TRIANGLE, founded in 2005, is a small nonprofit in the Human Services sector that reported $800K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Net assets of $4.4M represent 65 months of operating reserves.

Mission

THE PURPOSE OF THE MIRACLE LEAGUE OF THE TRIANGLE IS TO PROVIDE OPPORTUNITIES FOR CHILDREN WITH MENTAL OR PHYSICAL DISABILITIES TO PLAY BASEBALL AS A TEAM MEMBER IN AN ORGANIZED LEAGUE, AND TO DEVELOP AND PROMOTE COMMUNITY SUPPORT AND SPONSORSHIP FOR THE LEAGUE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $514,236
Program Service Revenue $0
Investment Income $82
Other Revenue $285,763
TOTAL REVENUE $800,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $243,885
Fundraising Expenses $0
Program Expenses $712,196
Other Expenses $615,479
TOTAL EXPENSES $859,364

Year-over-Year Comparison

2024 2023 Change
Revenue $800,081 $964,453 -0.2%
Expenses $859,364 $793,474 +0.1%
Net Income $-59,283 $170,979 -1.3%
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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Governance

Voting Members
21
Independent Members
21
Employees
4
Volunteers
2663

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
6
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANDY TOWNSEND BOARD CHAIR 5.00
Officer Director
$0 $0 $0
PAUL CARR BOD 5.00
Director
$0 $0 $0
JOE DEW SECRETARY 5.00
Officer Director
$0 $0 $0
JEFFREY J EAKES TREASURER 5.00
Officer Director
$0 $0 $0
BYRON KIRKLAND BOD 5.00
Director
$0 $0 $0
BRAD MCGINNIS BOD N/A
Director
$0 $0 $0
ROBIN ROSE CO-FOUNDER 5.00
Officer Director
$0 $0 $0
KIMBERLY ROSE BOD 5.00
Director
$0 $0 $0
YO SOBHA BOD 5.00
Director
$0 $0 $0
TONY WITHERS CO-FOUNDER 5.00
Officer Director
$0 $0 $0
DANKS BURTON BOD 5.00
Director
$0 $0 $0
STEVE ZAYTOUN BOD 5.00
Director
$0 $0 $0
SCOTT STRICKLAND IMMEDIATE PA 5.00
Officer Director
$0 $0 $0
DESMOND MILLER BOD 5.00
Director
$0 $0 $0
NANCY BRAGG BOD 5.00
Director
$0 $0 $0
RUSSELL STEWART BOD 5.00
Director
$0 $0 $0
JASON DAPKEVICH BOD 5.00
Director
$0 $0 $0
PATSY JOHNSON BOD 5.00
Director
$0 $0 $0
CHUCK NORMAN BOD 5.00
Director
$0 $0 $0
MICHAEL STRADER BOD 5.00
Director
$0 $0 $0
GINNY WATERS BOD 5.00
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 $800,081 $859,364 $6,110,980 $-59,283
2023 $964,453 $793,474 $6,076,345 $170,979
2022 $1,503,700 $517,000 $5,549,291 $986,700
2021 $620,167 $432,551 $4,142,390 $187,616
2020 $1,219,811 $400,916 $3,108,280 $818,895
2019 $727,293 $423,209 $2,560,558 $304,084
2018 $499,593 $398,796 $2,242,140 $100,797
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