MILAGRO FOUNDATION INC (EIN 650804625) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

BARBARA STARK

Phone

5612792970

Tax Period

2024-01-01 to 2024-12-31

MILAGRO FOUNDATION INC, founded in 1997, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.7M in total revenue in fiscal year 2024.

Mission

THE MILAGRO FOUNDATION, INC., DBA THE MILAGRO CENTER (THE CENTER) IS A NOT-FOR-PROFIT CORPORATION ESTABLISHED IN 1997 WHOSE MISSION IS TO ENRICH THE LIVES OF CHILDREN THROUGH CULTURAL ARTS, LIVING VALUES AND ACADEMIC SUPPORT. THE CENTER'S OPERATIONS ARE BASED IN DELRAY BEACH, FLORIDA. OUR VISION IS TO BE A CENTER OF CREATIVE CULTURAL COLLABORATION, ENGAGING EDUCATION AND INSPIRATION THAT DISSOLVES SOCIAL BARRIERS, FORMS LASTING CONNECTIONS AND SETS THE STAGE FOR FUTURE SUCCESS. THE CENTER IS DESIGNED TO BE A REPLICABLE MODEL FOR SELF-SUSTAINING, NON- PROFIT ORGANIZATIONS THAT PROVIDE EDUCATIONAL AND ART PROGRAMS TO DISADVANTAGED CHILDREN. THE CENTER'S THREE GOALS ARE TO: ENSURE ACADEMIC SUCCESS. PROMOTE THE ARTS. CREATE STRONG INDIVIDUALS WHO POSITIVELY IMPACT THEIR COMMUNITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,517,090

Program Service Revenue $71,356

Investment Income $34,233

Other Revenue $70,493

TOTAL REVENUE $1,693,172

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,151,893

Fundraising Expenses $146,962

Program Expenses $1,243,123

Other Expenses $522,032

TOTAL EXPENSES $1,673,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,693,172	$1,615,306	+0.0%
Expenses	$1,673,925	$1,640,888	+0.0%
Net Income	$19,247	$-25,582	-1.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$129,876

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KURT KNAUS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
LISA CODY	VICE CHAIR/S	1.00	Officer Director	$0	$0	$0
COREY MITLEIDER	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID BEALE	DIRECTOR	1.00	Director	$0	$0	$0
SILVIA EVANS	DIRECTOR	1.00	Director	$0	$0	$0
CARLA LOVETT	DIRECTOR	1.00	Director	$0	$0	$0
JANET MEEKS	DIRECTOR	1.00	Director	$0	$0	$0
SARAH SANTANGELO	DIRECTOR	1.00	Director	$0	$0	$0
NANCY SINGER	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH SONTZ	DIRECTOR	1.00	Director	$0	$0	$0
BRAD STRAKA	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA STARK	PRESIDENT/CE	40.00	Officer	$122,222	$7,654	$129,876

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	$1,693,172	$1,673,925	$1,714,382	$19,247
2024	No data	No data	No data	No data
2023	$1,615,306	$1,640,888	$1,738,040	$-25,582
2022	$1,737,385	$1,612,272	$1,809,275	$125,113
2021	$1,736,017	$1,318,229	$1,748,813	$417,788
2020	$1,288,781	$1,114,661	$1,562,174	$174,120

MILAGRO FOUNDATION INC