MIRAGLO FOUNDATION

EIN: 452499438 501(c)(3) Health Care

LA JOLLA, CA

Total Revenue
$1,056,886
Total Expenses
$753,085
Total Assets
$806,731
Net Assets
$806,731
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Phone
8584596919
Tax Period
2023-01-01 to 2023-12-31

MIRAGLO FOUNDATION, founded in 2011, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $304K, a strong 29% operating margin.

Mission

MIRAGLO FOUNDATION HAS SEVEN SPECIFIC PURPOSES: (1) TO CONDUCT RESEARCH AND/OR SUPPORT RESEARCH ABOUT ALTERNATIVE HEALING TECHNIQUES AND GLOBAL HEALING TRADITIONS;(2) TO PROVIDE EDUCATION ABOUT AND INCREASE AWARENESS OF ALTERNATIVE HEALING TECHNIQUES AND GLOBAL HEALING TRADITIONS; (3) TO MAKE GRANTS TO MEDICAL PERSONNEL(INCLUDING BOTH CONVENTIONAL AND ALTERNATIVE PRACTICES) TO ASSIST IN SERVING UNDER-SERVED COMMUNITIES, BOTH NATIONALLY AND INTERNATIONALLY; (4) TO MAKE GRANTS IN SUPPORT OF MEDICAL SERVICES AND FACILITIES (INCLUDING BOTH CONVENTIONAL AND ALTERNATIVE PRACTICES) IN UNDER-SERVED COMMUNITIES, BOTH NATIONALLY AND INTERNATIONALLY; (5) TO AWARD SCHOLARSHIPS AND GRANTS TO AND/OR FOR EDUCATIONAL PROGRAMS, SCHOOLS AND INDIVIDUALS IN UNDER-SERVED COMMUNITIES, BOTH NATIONALLY AND INTERNATIONALLY; (6) TO MAKE QUALIFYING DISTRIBUTIONS AND EXPENDITURES DIRECTLY FOR THE ACTIVE CONDUCT OF AND/OR FOR THE SUPPORT OF ACTIVIES CONSTITUTING THE PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,033,762
Program Service Revenue $20,048
Investment Income $3,076
Other Revenue $0
TOTAL REVENUE $1,056,886

Expense Breakdown

Grants Paid $621,303
Salaries & Benefits $46,080
Fundraising Expenses $0
Program Expenses $722,396
Other Expenses $85,702
TOTAL EXPENSES $753,085

Year-over-Year Comparison

2023 2022 Change
Revenue $1,056,886 $591,293 +0.8%
Expenses $753,085 $478,685 +0.6%
Net Income $303,801 $112,608 +1.7%
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
5
Independent Members
5
Employees
N/A
Volunteers
2

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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RAUNI PRITTINEN KING RN PRES & EXEC DIR 20.00
Officer
$0 $0 $0
ERMINIA GUANERI MD Treasurer 5.00
Officer
$0 $0 $0
CATHERINE WENUK BOARD DIRECTOR 3.00
Officer
$0 $0 $0
DR BADRI RICKHI BOARD DIRECTOR 2.00
Officer
$0 $0 $0
CLAIRE D-ANDREA RN Secretary 2.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,056,886 $753,085 $806,731 $303,801
2022 $591,293 $478,685 $484,628 $112,608
2021 $1,157,110 $1,009,706 $379,489 $147,404
2020 $617,223 $545,201 $232,585 $72,022
2019 $474,024 $524,188 $160,064 $-50,164
2018 $691,836 $826,432 $213,331 $-134,596
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