Civic Intelligence

The Miracle Foundation

990 • Fiscal year 2013 • EIN 11-6532638

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 16, 2014

229 Seventh Street No Ll03Garden City, NY 11530

(516) 742-8110

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.01x

Higher debt load relative to assets than 69% of similar nonprofits.

2013 filings • NTEE G • <$500k nonprofits • Source year 2013

Liabilities / Revenue

84th percentile

0.09x

Higher debt load relative to revenue than 84% of similar nonprofits.

2013 filings • NTEE G • <$500k nonprofits • Source year 2013

Net Margin

2nd percentile

-491%

Higher net margin than 2% of similar nonprofits.

2013 filings • NTEE G • <$500k nonprofits • Source year 2013

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • NTEE G • <$500k nonprofits • Source year 2013

Asset Growth

13th percentile

-33%

Faster asset growth than 13% of similar nonprofits.

2013 filings • NTEE G • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

27th percentile

-20%

Faster revenue growth than 27% of similar nonprofits.

2013 filings • NTEE G • <$500k nonprofits • Annualized from 2011 to 2013

Assets

Down

$332,396

Down $164,662 (-33%) from 2012

Net Assets

Down

$328,896

Down $164,662 (-33%) from 2012

Liabilities

Flat

$3,500

Flat from 2012

Revenue

$37,207

No earlier filing loaded for comparison.

Expenses

Up

$219,907

Up $62,966 (+40%) from 2012

Net Income

-$182,700

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2011: $612,443Liabilities 2011: $6,000Net Assets 2011: $606,4432011Assets 2012: $497,058Liabilities 2012: $3,500Net Assets 2012: $493,5582012Assets 2013: $332,396Liabilities 2013: $3,500Net Assets 2013: $328,8962013Assets 2014: $161,733Liabilities 2014: $3,500Net Assets 2014: $158,2332014Assets 2015: $125,151Liabilities 2015: $3,500Net Assets 2015: $121,6512015Assets 2016: $134,306Liabilities 2016: $3,500Net Assets 2016: $130,8062016Assets 2017: $128,693Liabilities 2017: $0Net Assets 2017: $128,6932017Assets 2018: $135,464Liabilities 2018: $0Net Assets 2018: $135,4642018Assets 2019: $144,056Liabilities 2019: $0Net Assets 2019: $144,0562019Assets 2020: $150,986Liabilities 2020: $0Net Assets 2020: $150,9862020Assets 2021: $156,911Liabilities 2021: $0Net Assets 2021: $156,9112021Assets 2022: $164,410Liabilities 2022: $0Net Assets 2022: $164,4102022Assets 2023: $176,110Liabilities 2023: $0Net Assets 2023: $176,1102023Assets 2024: $182,717Liabilities 2024: $0Net Assets 2024: $182,7172024Assets 2025: $188,368Liabilities 2025: $0Net Assets 2025: $188,3682025

Highlighted filing

2013

Assets$332,396
Liabilities$3,500
Net Assets$328,896

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $57,719Expenses 2011: $206,012Net Income 2011: -$148,2932011Expenses 2012: $156,9412012Revenue 2013: $37,207Expenses 2013: $219,907Net Income 2013: -$182,7002013Revenue 2014: $28,517Expenses 2014: $190,753Net Income 2014: -$162,2362014Revenue 2015: $35,027Expenses 2015: $60,749Net Income 2015: -$25,7222015Revenue 2016: $31,165Expenses 2016: $33,350Net Income 2016: -$2,1852016Revenue 2017: $22,026Expenses 2017: $24,139Net Income 2017: -$2,1132017Revenue 2018: $12,919Expenses 2018: $6,148Net Income 2018: $6,7712018Revenue 2019: $12,621Expenses 2019: $4,029Net Income 2019: $8,5922019Revenue 2020: $11,869Expenses 2020: $4,939Net Income 2020: $6,9302020Revenue 2021: $11,351Expenses 2021: $5,426Net Income 2021: $5,9252021Revenue 2022: $12,076Expenses 2022: $4,577Net Income 2022: $7,4992022Revenue 2023: $15,413Expenses 2023: $3,713Net Income 2023: $11,7002023Revenue 2024: $10,585Expenses 2024: $3,978Net Income 2024: $6,6072024Revenue 2025: $9,608Expenses 2025: $3,957Net Income 2025: $5,6512025

Highlighted filing

2013

Revenue$37,207
Expenses$219,907
Net Income-$182,700
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 16, 2014
Return Version
2013v3.0
Gross Receipts
$37,513
Mission and Program Overview

Mission

The miracle foundation was founded to improve the lives of this diagnosed with cancer and to finding a cure for this disease. Their mission is to improve patient care, increase cancerawareness and fund worthy scientific research. This organization is staffed primarily with volunteers dedicated to this mission and keeping every dollar to work towards these goals.we have pledged our funds to highly regarded research and local community based cancer treatment centers. Our special events revenue goes towards this mission.

The miracle foundation was founded to improve the lives of those diagnosed with cancer and to finding a cure for this disease. Their mission is to improve patient care, increase cancer awareness and fund worthy scientific research. This organization is staffed primarily with volunteers dedicated to this mission and keeping every dollar to work toward these goals. We have pledged our funds to highly regarded research and local community based cancer treatment centers. Our special events revenue goes toward this mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$268,086$185,286▼ $82,800
Cash and Non-Interest-Bearing Accounts$188,760$85,874▼ $102,886
Investments in Publicly Traded Securities$38,373$61,236▲ $22,863
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$497,058$332,396▼ $164,662
Other Assets Total$1,839$0▼ $1,839
Liabilities
Accounts Payable and Accrued Expenses$3,500$3,500→ $0
Total Liabilities$3,500$3,500→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$493,558$328,896▼ $164,662
Total Net Assets Fund Balance$493,558$328,896▼ $164,662
Total Liabilities and Net Assets / Fund Balance$497,058$332,396▼ $164,662

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$39,937$39,937
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$34,891
Program Service Revenue
$0
Investment Income
$1,072
Other Revenue
$1,244
All Other Contributions
$12,762
Change in Net Assets
$-182,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$190,000
Other Expenses$29,907
Total Fundraising Expense$3,577
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$190,000--$190,000
Occupancy-$8,542-$8,542
Fees for Services Accounting-$1,750$1,750$3,500
Other Expenses$11,875$1,124$815$1,124
Insurance-$1,017-$1,017
Advertising--$1,000$1,000
All Other Expenses-$13$12$25
Total Functional Expenses$201,875$14,455$3,577$219,907
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
---Cancer Research$125,000
---Cancer Research$50,000
---Cancer Research$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$306
Fundraising Gross Income$306
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$22,435$306$306$0
Total Events$22,435$306$306$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The organization's form 990 is reviewed by the board of trustees prior to filing.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available for public inspection upon request.

Filing and Contact Details

Filer

EIN
11-6532638
Phone
5167428110

Signing Officer

Name
Joseph Castronovo
Title
President
Phone
5167428110
Signed
2014-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Castronovo
Formed
2000
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Preparer
Edward Duras
Phone
5167858501
Supplemental Narrative

Financial Statement Notes

Unrealized Gain/loss on Equity Securities

Part xii - line 2d - unrealized gain on equity securities $18,038.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01072
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01236
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01322
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06155
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04562
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01072
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01236
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01322
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06155
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04562
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014347
IRS990ScheduleA/InvestmentIncomeCYPct00.06730
IRS990ScheduleA/InvestmentIncomePYPct00.10520
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93270
IRS990ScheduleA/PublicSupportPY509Pct00.89480
IRS990ScheduleA/PublicSupportTotal509Amt0198917
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt012762
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt037118
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt054095
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt041402
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053540
IRS990ScheduleA/Total509Grp/TotalAmt0198917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt038354
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt055417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt047557
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt058102
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0213264
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039937
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039937
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART XII - LINE 2D - UNREALIZED GAIN ON EQUITY SECURITIES $18,038.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0UNREALIZED GAIN/LOSS ON EQUITY SECURITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt022129
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt022129
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0306
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022435
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0306
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0306
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0WALKATHON
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0306
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0306
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0125000
IRS990ScheduleI/RecipientTable/CashGrantAmt150000
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CANCER RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CANCER RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2CANCER RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10HOSPICE CARE NETWORK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11CANCER CENTER FOR KIDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12DOMINICAN SISTER OF AMITYVILLE
IRS990ScheduleI/Total501c3OrgCnt03
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0497058
IRS990/TotalAssetsEOYAmt0332396
IRS990/TotalAssetsGrp/BOYAmt0497058
IRS990/TotalAssetsGrp/EOYAmt0332396
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt034891
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03577
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014455
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0201875
IRS990/TotalFunctionalExpensesGrp/TotalAmt0219907
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03500
IRS990/TotalLiabilitiesEOYAmt03500
IRS990/TotalLiabilitiesGrp/BOYAmt03500
IRS990/TotalLiabilitiesGrp/EOYAmt03500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0493558
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0328896
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0201875
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02316
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037207
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0497058
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0332396
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0493558
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0328896
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10229 SEVENTH STREET
IRS990/USAddress/City0GARDEN CITY
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode011530
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.MIRACLEFOUNDATION.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH CASTRONOVO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.10$0.04$0.06
2024Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$0.11$0.04$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.76$0.00$1.76$0.15$0.04$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.00$1.64$0.12$0.05$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.00$1.57$0.11$0.05$0.06
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.51$0.00$1.51$0.12$0.05$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.13$0.04$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$0.13$0.06$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.00$1.29$0.22$0.24$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.04$1.31$0.31$0.33$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.25$0.04$1.22$0.35$0.61$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.62$0.04$1.58$0.29$1.91$1.62
2013Detailed filing. Detailed filing data is available for this year.$3.32$0.04$3.29$0.37$2.20$1.83
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.97$0.04$4.94$1.57
2011Summary only. Only limited summary data is available for this year.$6.12$0.06$6.06$0.58$2.06$1.48