MIRACLE TRAVEL WORKS INC (EIN 273050195) - 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

2010

Legal Domicile

Principal Officer

RENEE SPRATT

Phone

5152918576

Tax Period

2024-01-01 to 2024-12-31

MIRACLE TRAVEL WORKS INC, founded in 2010, is a small nonprofit in the Health Care sector that reported $207K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $279K exceeded revenue, resulting in a 35% operating deficit.

Mission

Help pay travel expenses for families needing to travel in order to get the appropriate treatments and procedures for their ill or injured children.

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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 (2024)

Revenue Breakdown

Contributions & Grants $138,612

Program Service Revenue $0

Investment Income $1

Other Revenue $68,491

TOTAL REVENUE $207,104

Expense Breakdown

Grants Paid $260,397

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $260,397

Other Expenses $18,759

TOTAL EXPENSES $279,156

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,104	$307,490	-0.3%
Expenses	$279,156	$228,515	+0.2%
Net Income	$-72,052	$78,975	-1.9%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN BURK	Director	2.00	Director	$0	$0	$0
ANDREA PATITZ	Director	20.00	Director	$0	$0	$0
PAUL DICKERSON	Director	1.00	Director	$0	$0	$0
AARON HORN	Director	0.50	Director	$0	$0	$0
STEPHANIE GOTT	Director	1.00	Director	$0	$0	$0
BRET ELLINGTON	Director	0.50	Director	$0	$0	$0
MATTHEW PATITZ	President	5.00	Officer	$0	$0	$0
RENEE SPRATT	Treasurer	15.00	Officer	$0	$0	$0
PATRICIA PATITZ	Vice President	1.00	Officer	$0	$0	$0
KELLY DICKERSON	Secretary	1.00	Officer	$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	$207,104	$279,156	$191,861	$-72,052
2023	$307,490	$228,515	$264,784	$78,975
2022	$349,779	$234,064	$185,296	$115,715
2021	$213,448	$240,676	$100,387	$-27,228
2020	$229,394	$195,330	$97,795	$34,064

MIRACLE TRAVEL WORKS INC