Civic Intelligence

Miracle Square Inc.

990 • Fiscal year 2018 • EIN 56-2525420

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 08, 2019

2080 Four Bridges RoadSumter, SC 29153

(803) 775-5306

Siviq Scores

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

Liabilities / Assets

95th percentile

1.24x

Higher debt load relative to assets than 95% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

15.37x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

18th percentile

-12%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

41st percentile

-1.0%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

0.7%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$922,591

Down $9,682 (-1.0%) from 2017

Net Assets

Down

-$221,166

Down $9,190 (-4.3%) from 2017

Liabilities

Down

$1,143,757

Down $492 (-0.0%) from 2017

Revenue

Up

$74,428

Up $507 (+0.7%) from 2017

Expenses

Down

$83,618

Down $16,177 (-16%) from 2017

Net Income

Up

-$9,190

Up $16,684 (+64%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,038,786Liabilities 2011: $1,153,901Net Assets 2011: -$115,1152011Assets 2012: $1,016,479Liabilities 2012: $1,154,810Net Assets 2012: -$138,3312012Assets 2013: $996,665Liabilities 2013: $1,152,078Net Assets 2013: -$155,4132013Assets 2014: $986,287Liabilities 2014: $1,146,378Net Assets 2014: -$160,0912014Assets 2015: $973,365Liabilities 2015: $1,143,896Net Assets 2015: -$170,5312015Assets 2016: $959,038Liabilities 2016: $1,145,140Net Assets 2016: -$186,1022016Assets 2017: $932,273Liabilities 2017: $1,144,249Net Assets 2017: -$211,9762017Assets 2018: $922,591Liabilities 2018: $1,143,757Net Assets 2018: -$221,1662018Assets 2019: $930,409Liabilities 2019: $1,155,544Net Assets 2019: -$225,1352019Assets 2020: $890,878Liabilities 2020: $1,143,724Net Assets 2020: -$252,8462020Assets 2021: $872,968Liabilities 2021: $1,148,304Net Assets 2021: -$275,3362021Assets 2022: $853,604Liabilities 2022: $1,144,839Net Assets 2022: -$291,2352022Assets 2023: $856,091Liabilities 2023: $1,166,860Net Assets 2023: -$310,7692023Assets 2024: $854,818Liabilities 2024: $1,175,625Net Assets 2024: -$320,8072024

Highlighted filing

2018

Assets$922,591
Liabilities$1,143,757
Net Assets-$221,166

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $57,702Expenses 2011: $87,604Net Income 2011: -$29,9022011Revenue 2012: $68,383Expenses 2012: $91,597Net Income 2012: -$23,2142012Revenue 2013: $72,012Expenses 2013: $89,096Net Income 2013: -$17,0842013Revenue 2014: $81,172Expenses 2014: $85,850Net Income 2014: -$4,6782014Revenue 2015: $76,252Expenses 2015: $86,692Net Income 2015: -$10,4402015Revenue 2016: $73,556Expenses 2016: $89,127Net Income 2016: -$15,5712016Revenue 2017: $73,921Expenses 2017: $99,795Net Income 2017: -$25,8742017Revenue 2018: $74,428Expenses 2018: $83,618Net Income 2018: -$9,1902018Revenue 2019: $84,544Expenses 2019: $88,513Net Income 2019: -$3,9692019Revenue 2020: $85,608Expenses 2020: $113,319Net Income 2020: -$27,7112020Revenue 2021: $94,086Expenses 2021: $116,576Net Income 2021: -$22,4902021Revenue 2022: $87,293Expenses 2022: $103,192Net Income 2022: -$15,8992022Revenue 2023: $101,017Expenses 2023: $109,498Net Income 2023: -$8,4812023Revenue 2024: $104,814Expenses 2024: $114,852Net Income 2024: -$10,0382024

Highlighted filing

2018

Revenue$74,428
Expenses$83,618
Net Income-$9,190
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 8, 2019
Return Version
2018v3.1
Gross Receipts
$74,428
Mission and Program Overview

Mission

Miracle square, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 10 unit project known as miracle square located in sumter, south carolina, which provides housing for persons with disabilities. The corporation receives housing assistance from the u.s. Department of housing and urban development pursuant to section 811 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$863,905$836,344▼ $27,561
Investments Program Related$60,379$77,980▲ $17,601
Cash and Non-Interest-Bearing Accounts$361$3,779▲ $3,418
Prepaid Expenses and Deferred Charges$5,656$2,514▼ $3,142
Total Assets$932,273$922,591▼ $9,682
Other Assets Total$1,972$1,974▲ $2
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,137,348$1,137,348→ $0
Accounts Payable and Accrued Expenses$4,925$4,420▼ $505
Other Liabilities$1,972$1,974▲ $2
Deferred Revenue$4$15▲ $11
Total Liabilities$1,144,249$1,143,757▼ $492
Net Assets / Fund Balance
Unrestricted Net Assets$-211,976$-221,166▼ $9,190
Total Net Assets Fund Balance$-211,976$-221,166▼ $9,190
Total Liabilities and Net Assets / Fund Balance$932,273$922,591▼ $9,682

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$745,509$282,780$1,028,289
Land$81,247-$81,247
Equipment$9,588$29,352$38,940
Investment Program Related Org$1,963--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$53,524
Program Service Revenue
$20,428
Investment Income
$60
Other Revenue
$416
Change in Net Assets
$-9,190

Audited Revenue Reconciliation

Revenue per Audited Statements
$74,428
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$74,428
Total Revenue per Form 990
$74,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$83,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$30,866--$30,866
Depreciation Depletion$27,558--$27,558
Other Expenses$12,825--$12,825
Fees for Services Management-$6,120-$6,120
Fees for Services Accounting-$3,750-$3,750
Office Expenses-$2,460-$2,460
Conferences and Meetings-$21-$21
Travel-$18-$18
Total Functional Expenses$71,249$12,369$0$83,618

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$83,618
Total Expenses per Audited Statements$83,618
Total Expenses per Form 990$83,618
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$1,974
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

The board president, melody durant has a familial relationship with the former board president larry durant (husband & wife). Additionally, the board treasurer, annette gilchrist and board member, kenneth gilchrist have a familial relationship (husband & wife).

Form 990, Part VI, Section A, Line 3

The organization has entered into a management agreement with a management company for day-to-day management of the apartment community as is customary for owners/operators of hud-assisted rental communities. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary, and affordable enviornment.

Form 990, Part VI, Section A, Line 7A

The directors of the corporation shall, at all times, be limited to individuals who are either members of south sumter new direction foundation or nonmembers who have the approval of the board of trustees (directors) of the said sponsoring organization. In the event that a director of the corporation ceases to be a member of south sumter new direction foundation or, if the aforesaid approval is withdrawn, then, in either event, such shall constitute automatic resignation as a director (trustee) of the corporation.

Form 990, Part VI, Section B, Line 11B

The return is prepared by a certified public accounting firm and provided to the management company for initial review and approval. The return is then forwarded to the board of directors for final review, approval and signature.

Form 990, Part VI, Section C, Line 19

Documents are maintained by the board of directors and copies are provided upon request.

Filing and Contact Details

Filer

Filer Name
Miracle Square Inc
EIN
56-2525420
Phone
8037755306
Address
2080 FOUR BRIDGES ROAD, SUMTER, SC 29153

Signing Officer

Name
Melody Durant
Title
President
Phone
8037755306
Signed
2019-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melody Durant
Formed
2004
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Derek Hammond
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax, and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state returns are subject to examination for three years after the later of the original or extended due date or the date filed with the applicable tax authority.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt053524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt053627
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt053321
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt055710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058226
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0274408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt060
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt036
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt052
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt020428
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt019814
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt019461
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt016910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt016250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt092863
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt060
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt052
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0191
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0418
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0416
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0444
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0695
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03580
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt06505
IRS990ScheduleA/OtherIncome509Grp/TotalAmt011640
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96820
IRS990ScheduleA/PublicSupportPY509Pct00.96500
IRS990ScheduleA/PublicSupportTotal509Amt0367271
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt073952
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt073441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt072782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt072620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt074476
IRS990ScheduleA/Total509Grp/TotalAmt0367271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074428
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt073921
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt073556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt076252
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt081172
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0379329
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0745509
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0282780
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01028289
IRS990ScheduleD/EquipmentGrp/BookValueAmt09588
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029352
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038940
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt083618
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010392
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt165625
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21963
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt081247
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt081247
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt074428
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX, AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE RETURNS ARE SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0836344
IRS990ScheduleD/TotalBookValueProgramRltdAmt077980
IRS990ScheduleD/TotalExpensesPerForm990Amt083618
IRS990ScheduleD/TotalLiabilityAmt01974
IRS990ScheduleD/TotalRevenuePerForm990Amt074428
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt074428
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt083618
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD PRESIDENT, MELODY DURANT HAS A FAMILIAL RELATIONSHIP WITH THE FORMER BOARD PRESIDENT LARRY DURANT (HUSBAND & WIFE). ADDITIONALLY, THE BOARD TREASURER, ANNETTE GILCHRIST AND BOARD MEMBER, KENNETH GILCHRIST HAVE A FAMILIAL RELATIONSHIP (HUSBAND & WIFE).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH A MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS CUSTOMARY FOR OWNERS/OPERATORS OF HUD-ASSISTED RENTAL COMMUNITIES. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY, AND AFFORDABLE ENVIORNMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES, BE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF SOUTH SUMTER NEW DIRECTION FOUNDATION OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF TRUSTEES (DIRECTORS) OF THE SAID SPONSORING ORGANIZATION. IN THE EVENT THAT A DIRECTOR OF THE CORPORATION CEASES TO BE A MEMBER OF SOUTH SUMTER NEW DIRECTION FOUNDATION OR, IF THE AFORESAID APPROVAL IS WITHDRAWN, THEN, IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A DIRECTOR (TRUSTEE) OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE MANAGEMENT COMPANY FOR INITIAL REVIEW AND APPROVAL. THE RETURN IS THEN FORWARDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW, APPROVAL AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0932273
IRS990/TotalAssetsEOYAmt0922591
IRS990/TotalAssetsGrp/BOYAmt0932273
IRS990/TotalAssetsGrp/EOYAmt0922591
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt053524
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012369
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt071249
IRS990/TotalFunctionalExpensesGrp/TotalAmt083618
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01144249
IRS990/TotalLiabilitiesEOYAmt01143757
IRS990/TotalLiabilitiesGrp/BOYAmt01144249
IRS990/TotalLiabilitiesGrp/EOYAmt01143757
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-211976
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-221166
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt071249
IRS990/TotalProgramServiceRevenueAmt020428
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0476
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020428
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt074428
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0932273
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0922591
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt018
IRS990/TravelGrp/TotalAmt018
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-211976
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-221166
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02080 FOUR BRIDGES ROAD
IRS990/USAddress/CityNm0SUMTER
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029153
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MELODY DURANT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08037755306
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIRACLE SQUARE INC
ReturnHeader/Filer/BusinessNameControlTxt0MIRA
ReturnHeader/Filer/EIN0562525420
ReturnHeader/Filer/PhoneNum08037755306
ReturnHeader/Filer/USAddress/AddressLine1Txt02080 FOUR BRIDGES ROAD
ReturnHeader/Filer/USAddress/CityNm0SUMTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$1.18$0.32$0.10$0.11$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$1.17$0.31$0.10$0.11$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.85$1.14$0.29$0.09$0.10$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.87$1.15$0.28$0.09$0.12$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.89$1.14$0.25$0.09$0.11$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.93$1.16$0.23$0.08$0.09$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.92$1.14$0.22$0.07$0.08$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.93$1.14$0.21$0.07$0.10$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.96$1.15$0.19$0.07$0.09$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.97$1.14$0.17$0.08$0.09$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.99$1.15$0.16$0.08$0.09$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.00$1.15$0.16$0.07$0.09$0.02
2012Summary only. Only limited summary data is available for this year.$1.02$1.15$0.14$0.07$0.09$0.02
2011Summary only. Only limited summary data is available for this year.$1.04$1.15$0.12$0.06$0.09$0.03