MIRACLE MILE COMMUNITY IMPROVEMENT

EIN: 884363487 501(c)(3) Community Improvement

STOCKTON, CA

Total Revenue
$1,472,827
Total Expenses
$337,154
Total Assets
$1,304,199
Net Assets
$1,298,066
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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
2022
Legal Domicile
CA
Principal Officer
JEFF GAMBONI
Phone
2099486453
Tax Period
2025-01-01 to 2025-12-31

MIRACLE MILE COMMUNITY IMPROVEMENT, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2025. Revenue surged 368% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 77% operating margin.

Mission

THE PURPOSE IS TO IMPROVE AND PROMOTE THE ECONOMIC WELL-BEING OF THE MIRACLE MILE DISTRICT. THE MMCID IS BUILDING A DYNAMIC AND INCLUSIVE COMMUNITY IN STOCKTON'S HISTORICAL MIDTOWN CORRIDOR KNOWN AS STOCKTON'S MIRACLE MILE. THROUGH INCREASED MARKETING AND VISIBILITY, CLEANER AND SAFER STREETS, STREETSCAPE IMPROVEMENTS, AND PARTNERSHIPS WITH VARIOUS CITY AGENCIES AND COMMUNITY GROUPS, THE MMCID WORKS TO MAINTAIN THE MIRACLE MILE'S UNIQUE CHARACTER WHILE ATTENDING TO THE EVOLVING NEEDS OF THE DISTRICT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,169,681
Program Service Revenue $251,271
Investment Income $4,910
Other Revenue $46,965
TOTAL REVENUE $1,472,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $277,083
Other Expenses $337,154
TOTAL EXPENSES $337,154

Year-over-Year Comparison

2025 2024 Change
Revenue $1,472,827 $314,863 +3.7%
Expenses $337,154 $311,137 +0.1%
Net Income $1,135,673 $3,726 +303.8%
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
12
Independent Members
12
Employees
N/A
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEAN CALLAHAN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
REX DHATT DIRECTOR 1.00
Director
$0 $0 $0
KEVIN DOUGHERTY DIRECTOR 1.00
Director
$0 $0 $0
JEFF GAMBONI PRESIDENT 1.00
Officer Director
$0 $0 $0
MANUEL GUIZAR DIRECTOR 1.00
Director
$0 $0 $0
CLEM LEE DIRECTOR 1.00
Director
$0 $0 $0
JOVIE LOR DIRECTOR 1.00
Director
$0 $0 $0
TAMMY NGUYEN DIRECTOR 1.00
Director
$0 $0 $0
JUANITA PASLEY SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN PRECISSI TREASURER 1.00
Officer Director
$0 $0 $0
LISA WHIRLOW DIRECTOR 1.00
Director
$0 $0 $0
BRIAN WRIGHT DIRECTOR 1.00
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 $1,472,827 $337,154 $1,304,199 $1,135,673
2024 $314,863 $311,137 $162,393 $3,726
2023 $219,054 $60,387 $158,667 $158,667
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