Civic Intelligence

Miraclefest Inc

EIN 45-2469844 • 501(c)3 • Corning, NY

Profile

The organization was formed for the charitable purpose of aiding the poor, distressed and/or underpriviledged persons living in the new york counties of chemung and steuben by providing funds to help eliminate prejudice and discrimination, to advance education and training of such persons and to combat community deterioration.

51 Riverside DriveCorning, NY 14830

www.miraclefest.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.01x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

0.39x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

42nd percentile

-1.2%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

96th percentile

256%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$7,664

Up $5,511 (+256%) from 2016

Liabilities

Up

$7,755

Up $5,755 (+288%) from 2016

Net Assets

Down

-$91

Down $244 (-159%) from 2016

Operations
Liabilities / Revenue90th percentileNet Margin42nd percentile

Revenue

Up

$19,869

Up $2,519 (+15%) from 2016

Expenses

Up

$20,113

Up $1,080 (+5.7%) from 2016

Net Income

Up

-$244

Up $1,439 (+86%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10K$5.0K$0-$5.0KAssets 2012: $270Liabilities 2012: $02012Assets 2013: $51Liabilities 2013: $02013Assets 2014: $9,230Net Assets 2014: $9,2302014Assets 2015: $1,836Liabilities 2015: $0Net Assets 2015: $1,8362015Assets 2016: $2,153Liabilities 2016: $2,000Net Assets 2016: $1532016Assets 2017: $7,664Liabilities 2017: $7,755Net Assets 2017: -$912017

Highlighted filing

2017

Assets$7,664
Liabilities$7,755
Net Assets-$91
Open 2017 Filing

Operations Trend

Revenue Growth68th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20KRevenue 2012: $15,676Expenses 2012: $15,406Net Income 2012: $2702012Revenue 2013: $11,603Expenses 2013: $11,822Net Income 2013: -$2192013Revenue 2014: $34,844Expenses 2014: $25,665Net Income 2014: $9,1792014Revenue 2015: $13,329Expenses 2015: $20,723Net Income 2015: -$7,3942015Revenue 2016: $17,350Expenses 2016: $19,033Net Income 2016: -$1,6832016Revenue 2017: $19,869Expenses 2017: $20,113Net Income 2017: -$2442017

Highlighted filing

2017

Revenue$19,869
Expenses$20,113
Net Income-$244
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$7,664
Liabilities
$7,755
Net assets
-$91
Revenue
$19,869
Expenses
$20,113
Net income
-$244
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.66$7.76$0.09$19.9$20.1$0.24
2016Detailed filing. Detailed filing data is available for this year.$2.15$2.00$0.15$17.4$19.0$1.68
2015Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$13.3$20.7$7.39
2014Detailed filing. Detailed filing data is available for this year.$9.23$9.23$34.8$25.7$9.18
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$11.6$11.8$0.22
2012Summary only. Only limited summary data is available for this year.$0.27$0.00$15.7$15.4$0.27
Latest Detailed Filing

The latest 2017 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 28, 2016
Return Version
2015v2.1
Gross Receipts
$23,669
Mission and Program Overview

Mission

The organization was formed for the charitable purpose of aiding the poor, distressed, and/or underpriviledged persons living in the New York counties of Chemung and Steuben by providing funds to help eliminate prejudice and discrimination, to advance education and training of such persons and to combat community deterioration.

Program Services

DescriptionGrantsExpenses
The organization holds a charity event to raise funds for the Corning, NY Community Food Pantry, an organization that provides food to the residents of six counties in NY. Their services reach tens of thousands of individuals each year.$18,350$6,319
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
jeffrey j travisExecutive DirectorPT$0--
karen travisDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
golf tournament$23,668$17,349-$17,349
Total Events$23,668$17,349$6,319$11,030
Filing and Contact Details

Filer

Filer Name
Miraclefest Inc
EIN
45-2469844
Phone
8663769900
Address
51 Riverside Drive, Corning, NY 14830

Signing Officer

Name
jeffrey j travis
Title
Executive Director
Phone
8663769900
Signed
2016-09-28
Discuss with paid preparer
Yes

Preparer

Firm
Insero & Co Cpas Llp
Address
2 STATE STREET SUITE 300, ROCHESTER, NY 14614
Preparer
Michael J Catallo
Phone
5854546996
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

“Description: Interest income - savings. Amount: 1.”

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: provides food to the residents of six counties in NY. Grantee Name: CORNING COMMUNITY FOOD PANTRY. Grantee Address: 39 W WILLIAM ST. CORNING, NY 14830. Amount Given: 18,350.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: merchant fees. Amount: 658. Description: TAXES & LICENSES. Amount: 25. Total to Form 990-EZ, line 16: 683.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: deferred revenue. Beg. of Year Amount: 0. End of Year Amount: 2,000.”

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
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IRS990EZ/BooksInCareOfDetail/PhoneNum08663769900
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0corning
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014830
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01836
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IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt0-1683
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01836
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt018350
IRS990EZ/GrossReceiptsAmt023669
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/InvestmentIncomeAmt01
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01836
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0153
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01836
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0153
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0jeffrey j travis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1karen travis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0executive director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0683
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The organization was formed for the charitable purpose of aiding the poor, distressed, and/or underpriviledged persons living in the New York counties of Chemung and Steuben by providing funds to help eliminate prejudice and discrimination, to advance education and training of such persons and to combat community deterioration.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization holds a charity event to raise funds for the Corning, NY Community Food Pantry, an organization that provides food to the residents of six counties in NY. Their services reach tens of thousands of individuals each year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt018350
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06319
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt06319
IRS990EZ/SpecialEventsNetIncomeLossAmt011030
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02000
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt019033
IRS990EZ/TotalProgramServiceExpensesAmt06319
IRS990EZ/TotalRevenueAmt017350
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06319
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt013311
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt017349
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt013327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt045414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt019354
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt024026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0119470
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt017
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0132781
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt023668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt045414
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt019354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt024026
IRS990ScheduleA/Total509Grp/TotalAmt0132781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt023669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt020321
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt045419
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt019357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt024032
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0132798
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt06319
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt06319
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06319
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0golf tournament
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02791
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02791
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023668
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023668
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017349
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017349
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011030
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03528
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt03528
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest income - savings. Amount: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Classification: provides food to the residents of six counties in NY. Grantee Name: CORNING COMMUNITY FOOD PANTRY. Grantee Address: 39 W WILLIAM ST. CORNING, NY 14830. Amount Given: 18,350.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: merchant fees. Amount: 658. Description: TAXES & LICENSES. Amount: 25. Total to Form 990-EZ, line 16: 683.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: deferred revenue. Beg. of Year Amount: 0. End of Year Amount: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0jeffrey j travis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08663769900
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIRACLEFEST INC
ReturnHeader/Filer/BusinessNameControlTxt0MIRA
ReturnHeader/Filer/EIN0452469844
ReturnHeader/Filer/PhoneNum08663769900
ReturnHeader/Filer/USAddress/AddressLine1Txt051 Riverside Drive
ReturnHeader/Filer/USAddress/CityNm0Corning
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014830
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475324570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INSERO & CO CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 STATE STREET SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014614
ReturnHeader/PreparerPersonGrp/PhoneNum05854546996
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael J Catallo
ReturnHeader/ReturnTs02016-10-17T00:00:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits