MIL MILAGROS INC

EIN: 770683799 501(c)(3) Education

SOMERVILLE, MA

Total Revenue
$608,855
Total Expenses
$720,780
Total Assets
$797,338
Net Assets
$780,228
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MA
Principal Officer
CAROLYN DALY
Phone
6176292619
Tax Period
2023-01-01 to 2023-12-31

MIL MILAGROS INC, founded in 2007, is a small nonprofit in the Education sector that reported $609K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $721K exceeded revenue, resulting in a 18% operating deficit.

Mission

MIL MILAGROS EQUIPS WOMEN AND TEACHERS WITH SKILLS AND RESOURCES TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES IN RURAL GUATEMALA.

Program Service Accomplishments

Program 1
Expenses: $601,043

1.EARLY CHILDHOOD DEVELOPMENT PROGRAM - MIL MILAGROS TAUGHT MORE THAN 100 MOTHERS ABOUT EARLY CHILDHOOD DEVELOPMENT, NUTRITION, HEALTH/HYGIENE, PARENTING, WOMEN'S HEALTH, AND ENTREPRENEURSHIP IN...

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1.EARLY CHILDHOOD DEVELOPMENT PROGRAM - MIL MILAGROS TAUGHT MORE THAN 100 MOTHERS ABOUT EARLY CHILDHOOD DEVELOPMENT, NUTRITION, HEALTH/HYGIENE, PARENTING, WOMEN'S HEALTH, AND ENTREPRENEURSHIP IN IN-PERSON CLASSES AND VIDEOS BROADCAST ON LOCAL CABLE STATIONS, AND SERVED MORE THAN 100 CHILDREN FROM BIRTH THROUGH AGE THREE. PROGRAM ACTIVITIES LED TO A 13% REDUCTION IN SEVERE CHRONIC MALNUTRITION AMONG PARTICIPATING CHILDREN 0 TO 3 YEARS OLD. 2.EDUCATION PROGRAM - IN 2023, MIL MILAGROS EXPANDED ACCESS TO ITS ADVANCED LITERACY TECHNIQUES COURSE TO ALL INTERESTED TEACHERS IN 31 COMMUNITIES, AND PROVIDED SUPPLIES, BOOKS, AND TEACHING SUPPORT TO ALL TEACHERS. WE EXPANDED OUR TRAVELING LIBRARY PROGRAM TO ENSURE CHILDREN AND TEACHERS HAD ACCESS TO A VARIETY OF CULTURALLY APPROPRIATE STORYBOOKS. AT YEAR-END, 61% OF STUDENTS WERE READING ON GRADE LEVEL COMPARED TO 22% OF STUDENTS IN THEIR REGION (SOLOL). 3.HEALTH AND HYGIENE PROGRAM - IN 2023, MIL MILAGROS PROVIDED TOOTHBRUSHES, TOOTHPASTE, HAND SOAP, DISINFECTANT, TOILET PAPER, AND MASKS TO ALL 14 PARTNER SCHOOLS FOR THE ENTIRE SCHOOL YEAR. STAFF TRAINED MOTHER LEADERS TO COMPLY WITH AND MONITOR THE GOVERNMENT-MANDATED HYGIENE PROTOCOLS AND MOTHER AND STUDENT LEADERS LED PUBLIC HEALTH CAMPAIGNS IN THEIR SCHOOLS. A COUNTY-WIDE CAMPAIGN WAS HELD AT CITY HALL AS WELL TO PROMOTE HEALTHY EATING AND DRINKING PURIFIED WATER. 100% OF CHILDREN HAD ACCESS TO HYGIENE SUPPLIES AND WATER FILTERS AT SCHOOL.

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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 $594,125
Program Service Revenue $0
Investment Income $14,730
Other Revenue $0
TOTAL REVENUE $608,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $263,970
Fundraising Expenses $32,616
Program Expenses $601,043
Other Expenses $456,810
TOTAL EXPENSES $720,780

Year-over-Year Comparison

2023 2022 Change
Revenue $608,855 $751,293 -0.2%
Expenses $720,780 $564,708 +0.3%
Net Income $-111,925 $186,585 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
6
Employees
3
Volunteers
256

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
4
$107,006
Total Directors
7
$107,006
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN DALY EXECUTIVE DI 40.00
Officer Director
$106,875 $131 $107,006
JUAN GIL MEMBER 1.00
Director
$0 $0 $0
ROBERT HOYT CHAIR 1.00
Officer Director
$0 $0 $0
STEVE MARTINEZ MEMBER 1.00
Director
$0 $0 $0
MANFRED MUEHTER TREASURER 1.00
Officer Director
$0 $0 $0
MARITZA CRISTINA PACHANO MEMBER 1.00
Director
$0 $0 $0
HEIDI SPEAR CLERK 1.00
Officer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $608,855 $720,780 $797,338 $-111,925
2022 $751,293 $564,708 $899,336 $186,585
2021 $714,057 $571,662 $708,515 $142,395
2020 $622,465 $554,887 $590,072 $67,578
2019 $518,580 $550,070 $494,066 $-31,490
2018 $499,048 $471,762 $521,510 $27,286
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