Civic Intelligence

Milagro Foundation

EIN 94-3274541 • 501(c)3 • San Rafael, CA

Profile

The Milagro Foundation benefits underserved and vulnerable children around the world by making grants to community based tax-exempt organizations that work with children in the areas of education, health and the arts.

5 Mitchell BlvdSan Rafael, CA 94903

www.milagrofoundation.org

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

7th percentile

-52%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$119,492

Higher top officer pay than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

15th percentile

-9.7%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Assets

Down

$2,257,791

Down $113,011 (-4.8%) from 2023

Liabilities

Up

$68,867

Up $68,243 (+10936%) from 2023

Net Assets

Down

$2,188,924

Down $181,254 (-7.6%) from 2023

Revenue

Up

$528,137

Up $42,423 (+8.7%) from 2023

Expenses

Down

$709,391

Down $26,792 (-3.6%) from 2023

Net Income

Up

-$181,254

Up $69,215 (+28%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,324,572Liabilities 2011: $0Net Assets 2011: $2,324,5722011Assets 2012: $2,351,013Liabilities 2012: $3,070Net Assets 2012: $2,347,9432012Assets 2013: $2,675,842Liabilities 2013: $4,759Net Assets 2013: $2,671,0832013Assets 2014: $3,154,413Liabilities 2014: $23,012Net Assets 2014: $3,131,4012014Assets 2015: $3,469,138Liabilities 2015: $14,580Net Assets 2015: $3,454,5582015Assets 2016: $3,414,447Liabilities 2016: $2,991Net Assets 2016: $3,411,4562016Assets 2017: $3,316,639Liabilities 2017: $2,963Net Assets 2017: $3,313,6762017Assets 2018: $3,007,071Liabilities 2018: $37,910Net Assets 2018: $2,969,1612018Assets 2019: $3,251,545Liabilities 2019: $1,268Net Assets 2019: $3,250,2772019Assets 2020: $3,207,612Liabilities 2020: $4,463Net Assets 2020: $3,203,1492020Assets 2021: $3,375,506Liabilities 2021: $21,267Net Assets 2021: $3,354,2392021Assets 2022: $2,626,883Liabilities 2022: $6,236Net Assets 2022: $2,620,6472022Assets 2023: $2,370,802Liabilities 2023: $624Net Assets 2023: $2,370,1782023Assets 2024: $2,257,791Liabilities 2024: $68,867Net Assets 2024: $2,188,9242024

Highlighted filing

2024

Assets$2,257,791
Liabilities$68,867
Net Assets$2,188,924

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $692,804Expenses 2011: $860,469Net Income 2011: -$167,6652011Revenue 2012: $484,731Expenses 2012: $542,070Net Income 2012: -$57,3392012Revenue 2013: $734,842Expenses 2013: $534,328Net Income 2013: $200,5142013Revenue 2014: $1,097,329Expenses 2014: $641,040Net Income 2014: $456,2892014Revenue 2015: $1,238,910Expenses 2015: $775,050Net Income 2015: $463,8602015Revenue 2016: $623,902Expenses 2016: $667,004Net Income 2016: -$43,1022016Revenue 2017: $854,953Expenses 2017: $952,733Net Income 2017: -$97,7802017Revenue 2018: $271,821Expenses 2018: $616,336Net Income 2018: -$344,5152018Revenue 2019: $948,623Expenses 2019: $667,507Net Income 2019: $281,1162019Revenue 2020: $559,094Expenses 2020: $606,222Net Income 2020: -$47,1282020Revenue 2021: $624,632Expenses 2021: $473,542Net Income 2021: $151,0902021Revenue 2022: -$196,486Expenses 2022: $537,106Net Income 2022: -$733,5922022Revenue 2023: $485,714Expenses 2023: $736,183Net Income 2023: -$250,4692023Revenue 2024: $528,137Expenses 2024: $709,391Net Income 2024: -$181,2542024

Highlighted filing

2024

Revenue$528,137
Expenses$709,391
Net Income-$181,254

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.26$0.07$2.19$0.53$0.71$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$0.49$0.74$0.25
2022Detailed filing. Detailed filing data is available for this year.$2.63$0.01$2.62$0.20$0.54$0.73
2021Detailed filing. Detailed filing data is available for this year.$3.38$0.02$3.35$0.62$0.47$0.15
2020Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.20$0.56$0.61$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.25$0.00$3.25$0.95$0.67$0.28
2018Detailed filing. Detailed filing data is available for this year.$3.01$0.04$2.97$0.27$0.62$0.34
2017Detailed filing. Detailed filing data is available for this year.$3.32$0.00$3.31$0.85$0.95$0.10
2016Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.41$0.62$0.67$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.47$0.01$3.45$1.24$0.78$0.46
2014Detailed filing. Detailed filing data is available for this year.$3.15$0.02$3.13$1.10$0.64$0.46
2013Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.67$0.73$0.53$0.20
2012Summary only. Only limited summary data is available for this year.$2.35$0.00$2.35$0.48$0.54$0.06
2011Summary only. Only limited summary data is available for this year.$2.32$0.00$2.32$0.69$0.86$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 9, 2025
Return Version
2024v5.1
Gross Receipts
$528,137
Mission and Program Overview

Mission

The Milagro Foundation benefits underserved and vulnerable children around the world by making grants to community based tax-exempt organizations that work with children in the areas of education, health and the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,756,451$1,808,291▲ $51,840
Savings and Temporary Cash Investments$469,430$260,892▼ $208,538
Cash and Non-Interest-Bearing Accounts$144,921$188,608▲ $43,687
Total Assets$2,370,802$2,257,791▼ $113,011
Liabilities
Accounts Payable and Accrued Expenses$624$68,867▲ $68,243
Total Liabilities$624$68,867▲ $68,243
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,358,828$2,188,924▼ $169,904
Net Assets With Donor Restrictions$11,350--
Total Net Assets Fund Balance$2,370,178$2,188,924▼ $181,254
Total Liabilities and Net Assets / Fund Balance$2,370,802$2,257,791▼ $113,011
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shelley N BrownPresidentPT$119,492$119,492
Ruthie MoutafianTreasurer/SecretaryPT$53,333$53,333

Board Members and Trustees

NameTitle
Marsha BonnerVice President
Kim BaltzellDirector
Maria VrionisDirector
Miguel OrdeanaDirector
Stevie LeeAssistant Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$329,945
Program Service Revenue
$0
Investment Income
$193,322
Other Revenue
$4,870
All Other Contributions
$329,945
Change in Net Assets
$-181,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$415,000
Salaries, Compensation, and Employee Benefits$205,533
Other Expenses$88,858
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$415,000--$415,000
Current Officers, Directors, Trustees, and Key Employees$95,054$77,771$0$172,825
Other Employee Benefits$10,595$8,668$0$19,263
Fees for Services Accounting$0$13,948$0$13,948
Payroll Taxes$7,395$6,050$0$13,445
Travel$2,821$2,309$0$5,130
Insurance$0$2,977$0$2,977
Occupancy$0$2,951$0$2,951
Other Expenses$0$2,150$0$2,150
Office Expenses$0$1,938$0$1,938
Total Functional Expenses$586,708$122,683$0$709,391
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
10000 DegreesSan Rafael, CA, Sf-Education$80,000
Carlos Santana Arts AcademyNorth Hills, CA-Education$40,000
Little Stars IndiaSan Anselmo, CA-Education$30,000
Little WishesOakland, CA-Health$30,000
Tenderloin Community Benefit District--Education$30,000
Andy Vargas FoundationSherman Oaks, CA-Education$25,000
Conscious KitchenTeens Turning GreenSausalito, CA-Health$25,000
Extra FoodGreenbrae, CA-Health$25,000
Bay Area Community ResourcesSan Rafael, CA-Health$20,000
Hippo Water RollersSonoma, CA-Health$20,000
Mosaic ProjectSan Rafael, CA-Education$20,000
Cinnamongirl IncOakland, CA-Education$15,000
Hale Opio Kauai IncLihue, HI-Health$15,000
Bridge The Gap College PrepSausalito, CA-Education$10,000
Multicultural Center of MarinSausalito, CA-Education$10,000
Play MarinLas Vegas, NV-Health$10,000
Safe NestLihue, HI-Mental Health$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Milagro Foundation
EIN
94-3274541
Phone
4154609939
Address
5 Mitchell Blvd, San Rafael, CA 94903

Signing Officer

Name
Shelley N Brown
Title
Executive Director
Phone
4154609939
Signed
2025-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelley N Brown
Formed
1997
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
0

Preparer

Firm
Hiep Pham CPA Inc
Address
41041 Trimboli Way 1926, Fremont, CA 94538
Preparer
Hiep Pham
Phone
5107897736
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

River of Colors is an entity that distributes contributions to the Foundation from Santana licenses. The Foundation was formed by the owner of River of Colors.

Pt VI, Line 11B

A draft of the 990 is provided to the board, prior to filing, for review. Changes, if needed, are made to the 990 for its filing.

Pt VI, Line 15A

Salary was based on compensation comparisons to other similar sized foundations. Board approves all raises.

Pt VI, Line 18

Form 990 available at Guidestar.org.

Pt VI, Line 19

Governing documents available upon request.

Financial Statement Notes

Pt X, Line 2

The Foundation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Foundation is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Foundation has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Foundation adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Foundation has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundations financial condition, results of operations, or cash flows. Accordingly, the Foundation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990/Desc0Health Programs: Circulo de Vida - The program provides professional therapy individually and in a group setting to help children and teens cope with the confusion, fear and stress caused by parental illness. Johns Hopkins Center for American Indian Health - To establish a suicide prevention program through the schools on the Reservation. Pine Ridge has one of the highest incidences of teen suicide in the country. Larkin Street Youth - Larkin Street supports homeless youth in San Francisco with programs and hope. Songs of Love - Songs by famous musicians for and about children with life threatening illnesses. Three Square Food Bank - Three Square is a Feeding America affiliate, serving four counties in Southern Nevada: Clark, Nye, Lincoln and Esmeralda. Three Square and Feeding America estimate the number of food-insecure persons in our service area to be 305,000. Food insecurity occurs when people arent able to secure enough food for a healthy diet and active lifestyle, at some point during the year. VIP Community Mental Health Center - Using evidence-based practices, our mental health clinicians are trained to provide a variety of therapies designed to meet the unique needs of our clients. Okizu - The mission of Okizu is to provide peer support, respite, mentoring, and recreational programs to meet the needs of all members of families affected by childhood cancer. Mosaic Project - We work toward a peaceful future by uniting children of diverse backgrounds, providing them with essential community building skills, and empowering them to become peacemakers. Education Programs: Carlos Santana Arts Academy - The mission of Carlos Santana Arts Academy (CSAA), in collaboration with families and the community, is to prepare students to be successful in a diverse society and ever-changing world, becoming self-directed learners as they reach proficiency in a standards-based curriculum with arts at its core. CSAA staff support students to be original thinkers who are innovative problem solvers, effective communicators who are technologically skilled, and responsible members of society. Little Stars School - Little Stars school provides an educational program for street children. Hand in Hand: Center for Jewish Arab - Hand in Hand brings together thousands of Jews and Arabs in six schools and communities throughout Israel. In Jerusalem. In the Galilee. In Wadi Ara. In Tel Aviv-Jaffa. In Haifa. In Tira & Kfar Saba. With many more continually joining. We are proving on a daily basis the viability of inclusion and equality for all citizens of Israel. Hannah Project for Academic Achievement - The Hannah Project Partnership for Academic Achievement is a community based education and cultural organization located in Marin City, California. Utilizing culture and the arts to undergird its educational programming, the Hannah Project seeks to both build community and promote the value of achievement among low income black and brown youth in Marin City and Marin County as a whole. Our vision is to make college and career both an expectation and a norm. Arts Program: Womens Audio Mission - Womens Audio Mission is a San Francisco based, non-profit organization dedicated to the advancement of women in music production and the recording arts. In a field where women are chronically under-represented (less than 5%), WAM seeks to change the face of sound by providing hands-on training, experience, career counseling and job placement to women and girls in media technology for music, radio, film, television and the internet. WAM believes that womens mastery of music technology and inclusion in the production process will expand the vision and voice of media and popular culture.
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IRS990/MissionDesc0The Milagro Foundation benefits underserved and vulnerable children around the world by making grants to community based tax-exempt organizations that work with children in the areas of education, health and the arts. Between October 1998 and now, the Milagro Foundation has supported low income, underserved and underrepresented children in 37 states and 20 countries by granting $9,987,729 to 464 agencies working with children and youth. Milagros education focus support agencies and organizations that are working to close the achievement gap and provide college access and aspirations among young people. Milagro evaluates long term projects that will lead to systemic changes, especially in impoverished communities. Through education we hope to help change or eliminate the cycle of poverty in Bay Area communities. In the areas of health, the foundation examines agencies that provide mental health, physical health, family support and addiction support to children around the San Francisco B
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Foundation is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Foundation has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Foundation adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Foundation has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundations financial condition, results of operations, or cash flows. Accordingly, the Foundation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Andy Vargas Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Bay Area Community Resources
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