MINI MIRACLES ACADEMY

EIN: 264238723 501(c)(3)

DETROIT, MI

Total Revenue
$129,411
Total Expenses
$137,805
Total Assets
$923
Net Assets
$-14,131
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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
2009
Legal Domicile
MI
Principal Officer
MICHELE PETTY
Tax Period
2019-01-01 to 2019-12-31

MINI MIRACLES ACADEMY, founded in 2009, is a small nonprofit that reported $129K in total revenue in fiscal year 2019. Revenue fell 24% from the prior year — a significant decline worth monitoring.

Mission

TO CARE FOR CHILDREN BETWEEN THE AGES OF 2 1/2 TO 5 YEARS OF AGE AND PREPARE THEM FOR ENTRANCE INTO KINDERGARDEN WITH THE NECESSARY SKILLS IN READING READINESS, MATH AND SOCIALIZATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $129,410
Investment Income $1
Other Revenue $0
TOTAL REVENUE $129,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,556
Fundraising Expenses $315
Program Expenses $116,600
Other Expenses $22,249
TOTAL EXPENSES $137,805

Year-over-Year Comparison

2019 2018 Change
Revenue $129,411 $169,887 -0.2%
Expenses $137,805 $170,971 -0.2%
Net Income $-8,394 $-1,084 +6.7%
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

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Governance

Voting Members
6
Independent Members
N/A
Employees
8
Volunteers
N/A

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
1
$11,080
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELE PETTY PRESIDENT 40.00
Officer
$11,080 $0 $11,080
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
2019 $129,411 $137,805 $923 $-8,394
2018 $169,887 $170,971 $2,592 $-1,084
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