Civic Intelligence

Miracle Place Inc.

990 • Fiscal year 2020 • EIN 35-2098706

Jul 01, 2019 to Jun 30, 2020 • Filed on May 13, 2020

940 North Temple AvenueIndianapolis, IN 46201

(317) 423-3064

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

68th percentile

16%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

42nd percentile

3.1%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

17th percentile

-28%

Faster revenue growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,720,004

Up $51,313 (+3.1%) from 2019

Net Assets

Up

$1,717,999

Up $51,055 (+3.1%) from 2019

Liabilities

Up

$2,005

Up $258 (+15%) from 2019

Revenue

Down

$319,854

Down $123,495 (-28%) from 2019

Expenses

Up

$268,799

Up $54,673 (+26%) from 2019

Net Income

Down

$51,055

Down $178,168 (-78%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $826,133Liabilities 2014: $1,412Net Assets 2014: $824,7212014Assets 2015: $1,059,480Liabilities 2015: $561Net Assets 2015: $1,058,9192015Assets 2016: $1,230,416Liabilities 2016: $1,209Net Assets 2016: $1,229,2072016Assets 2017: $1,257,241Liabilities 2017: $1,837Net Assets 2017: $1,255,4042017Assets 2018: $1,439,241Liabilities 2018: $1,519Net Assets 2018: $1,437,7222018Assets 2019: $1,668,691Liabilities 2019: $1,747Net Assets 2019: $1,666,9442019Assets 2020: $1,720,004Liabilities 2020: $2,005Net Assets 2020: $1,717,9992020Assets 2021: $2,048,394Liabilities 2021: -$3,000Net Assets 2021: $2,051,3942021Assets 2022: $2,345,725Liabilities 2022: -$5,014Net Assets 2022: $2,350,7392022Assets 2023: $2,413,720Liabilities 2023: $0Net Assets 2023: $2,413,7202023Assets 2024: $2,667,865Liabilities 2024: $0Net Assets 2024: $2,667,8652024Assets 2025: $2,705,488Liabilities 2025: $0Net Assets 2025: $2,705,4882025

Highlighted filing

2020

Assets$1,720,004
Liabilities$2,005
Net Assets$1,717,999

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2014: $404,583Expenses 2014: $200,898Net Income 2014: $203,6852014Revenue 2015: $402,653Expenses 2015: $168,455Net Income 2015: $234,1982015Revenue 2016: $371,913Expenses 2016: $201,625Net Income 2016: $170,2882016Revenue 2017: $332,547Expenses 2017: $250,300Net Income 2017: $82,2472017Revenue 2018: $393,773Expenses 2018: $211,454Net Income 2018: $182,3192018Revenue 2019: $443,349Expenses 2019: $214,126Net Income 2019: $229,2232019Revenue 2020: $319,854Expenses 2020: $268,799Net Income 2020: $51,0552020Revenue 2021: $484,349Expenses 2021: $286,467Net Income 2021: $197,8822021Revenue 2022: $477,092Expenses 2022: $294,234Net Income 2022: $182,8582022Revenue 2023: $470,352Expenses 2023: $407,370Net Income 2023: $62,9822023Revenue 2024: $615,320Expenses 2024: $361,013Net Income 2024: $254,3072024Revenue 2025: $516,899Expenses 2025: $479,278Net Income 2025: $37,6212025

Highlighted filing

2020

Revenue$319,854
Expenses$268,799
Net Income$51,055
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 13, 2020
Return Version
2019v5.1
Gross Receipts
$343,098
Mission and Program Overview

Mission

Neighborhood ministry

The organization is a neighborhood ministry and community center. It provides childrens programs: education support and hospitality. It also provides adult cultural activies, hospitality and home upkeep.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,666,944$1,717,999▲ $51,055
Land, Buildings, and Equipment, Net$698,885$698,885→ $0
Investments Other Securities$574,534$574,534→ $0
Cash and Non-Interest-Bearing Accounts$370,719$424,025▲ $53,306
Savings and Temporary Cash Investments$24,553$22,560▼ $1,993
Total Assets$1,668,691$1,720,004▲ $51,313
Liabilities
Other Liabilities$1,747$2,005▲ $258
Total Liabilities$1,747$2,005▲ $258
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,666,944$1,717,999▲ $51,055
Total Liabilities and Net Assets / Fund Balance$1,668,691$1,720,004▲ $51,313

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$635,499-$635,499
Leasehold Improvements$38,859-$38,859
Equipment$20,409-$20,409
Land$4,118-$4,118
Other Securities$250,000--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$201,558
Program Service Revenue
$3,798
Investment Income
$0
Other Revenue
$114,498
Change in Net Assets
$51,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$150,920
Grants and Similar Amounts Paid$95,861
Other Expenses$22,018
Total Fundraising Expense$4,620
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$145,014--$145,014
Grants to Domestic Individuals$95,861--$95,861
Occupancy$17,141--$17,141
Office Expenses$6,274--$6,274
Payroll Taxes$5,906--$5,906
Fees for Services Other--$4,620$4,620
Other Expenses$788--$788
Travel$103--$103
Insurance$-8,566--$-8,566
Total Functional Expenses$264,179$0$4,620$268,799
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$137,742
Fundraising Direct Expenses$23,244
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fiesta$137,742$137,742$23,244$114,498
Total Events$137,742$137,742$23,244$114,498
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,005
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The returns are reviewed by the tow co-directors before submitting them to the irs.

Conflict of interest policy compliance Part VI line 12C

The conflict of interest policy to review by the officers on a frequent basis.

Governing documents etc available to public Part VI line 19

Only documents required by law is available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Miracle Place Inc
EIN
35-2098706
Address
940 NORTH TEMPLE AVENUE, INDIANAPOLIS, IN 46201

Signing Officer

Name
Sister Rita a Wade
Title
Co-director
Phone
3174233064
Signed
2020-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
In
Voting Board Members
15
Independent Board Members
15
Employees
4
Volunteers
130

Preparer

Firm
Timpe CPAs LLC
Address
4801 Northwestern Drive, Zionsville, IN 46077
Preparer
Gary M Timpe CPA Atty at Law
Phone
3172171660
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01997
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11801
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01997
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11801
IRS990/ProgSrvcAccomActy2Grp/Desc0HOSPITALITY IS EXTENDED, CULTURAL ACTIVITIES, AND ASSISTANCE WITH NEIGHBORHOOD ACITITIES IS PROVIDED TO THE ADULTS OF THE NEIGHBORHOOD.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt073447
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03798
IRS990/ProgSrvcAccomActy3Grp/Desc0HOSPITALITY IS EXTENDED AND EDUCATIONAL SUPPORT IS GIVEN TO THE NEIGHBORHOOD CHILDREN
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08726
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ASSISTANCE IS GIVEN TO THE INDIGENT OF THE COMMUNITY. ALSO BEREAVEMENT AND COMMUNITY SUPPORT IS GIVEN TO THE PEOPLE OF THE NEIGHBORHOOD.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt04084
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0390444
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0330
IRS990/PYInvestmentIncomeAmt049155
IRS990/PYOtherExpensesAmt0148203
IRS990/PYOtherRevenueAmt03750
IRS990/PYRevenuesLessExpensesAmt0229223
IRS990/PYSalariesCompEmpBnftPaidAmt065593
IRS990/PYTotalExpensesAmt0214126
IRS990/PYTotalRevenueAmt0443349
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt051055
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01666944
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01717999
IRS990/SavingsAndTempCashInvstGrp/BOYAmt024553
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0201546
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0285234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0235441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0184219
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0153747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01060187
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt049155
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09920
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017472
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt076618
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0137742
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0105210
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0145587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0128916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0215138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0732593
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03798
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt03750
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02825
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01940
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt03050
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt015363
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt049155
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09920
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017472
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt076618
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95930
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt01808143
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0343086
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0394194
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0383853
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0315075
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0371935
IRS990ScheduleA/Total509Grp/TotalAmt01808143
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0343086
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0443349
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0393773
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0332547
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0372006
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01884761
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0635499
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0635499
IRS990ScheduleD/EquipmentGrp/BookValueAmt020409
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020409
IRS990ScheduleD/LandGrp/BookValueAmt04118
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04118
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt038859
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt038859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02005
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0125000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt116510
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt225347
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt335000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt451430
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt571247
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6250000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALLIANZ
IRS990ScheduleD/OtherSecuritiesGrp/Desc1AMERICAN FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2JACKSON INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc3AVIVA LIFE INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc4GENWORTH LIFE AND ANNUITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc5WELLS FARGO
IRS990ScheduleD/OtherSecuritiesGrp/Desc6ATHENE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0698885
IRS990ScheduleD/TotalBookValueSecuritiesAmt0574534
IRS990ScheduleD/TotalLiabilityAmt02005
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt023244
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FIESTA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0137742
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0137742
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0137742
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0137742
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0114498

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.00$2.71$0.52$0.48$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.00$2.67$0.62$0.36$0.25
2023Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$0.47$0.41$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.35$0.01$2.35$0.48$0.29$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.00$2.05$0.48$0.29$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.32$0.27$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.67$0.44$0.21$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.00$1.44$0.39$0.21$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$0.33$0.25$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.37$0.20$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.40$0.17$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.82$0.40$0.20$0.20