MIRACLES FOR KIDS INC
Mission Statement
We help families with critically-ill children fight bankruptcy, homelessness, hunger and depression—so they can fight for their kids’ lives. With your help, we provide these life-changing programs: Lifeline (Bill Pay) We keep the lights on, pay medical bills, put gas in the car, and much more. Boost (Basic Needs) We deliver food, clothing, cleaning supplies, specialty items, and other essentials monthly. Safe Haven (Housing) We pay the rent and offer housing to those at risk of homelessness. Balance (Wellness) We provide no-cost individual/group therapy and wellness activities for all family members. Pillars (Stability) We offer stability through education, financial literacy, and employment.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.6% | 87.4% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.5% | 9.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
7.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.0 mo | 8.2 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
53.4% | 11.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
123.5% | 89.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
9.0% | 9.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
14.6% | 9.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.9% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $5.7M | $5.6M | $6.0M | 86.6% | 31 |
| 2023 | $5.3M | $4.9M | $5.9M | 82.2% | 26 |
| 2022 | $6.0M | $4.3M | $5.5M | 82.4% | 28 |
| 2021 | $9.5M | $3.3M | N/A | — | 27 |
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