Civic Intelligence

Milagro Foundation

990 • Fiscal year 2021 • EIN 94-3274541

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2022

5 Mitchell BlvdSan Rafael, CA 94903

(415) 460-9939

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

68th percentile

24%

Higher net margin than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

71st percentile

$102,992

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

41st percentile

5.2%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

49th percentile

12%

Faster revenue growth than 49% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,375,506

Up $167,894 (+5.2%) from 2020

Net Assets

Up

$3,354,239

Up $151,090 (+4.7%) from 2020

Liabilities

Up

$21,267

Up $16,804 (+377%) from 2020

Revenue

Up

$624,632

Up $65,538 (+12%) from 2020

Expenses

Down

$473,542

Down $132,680 (-22%) from 2020

Net Income

Up

$151,090

Up $198,218 (+421%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$3,375,506
Liabilities$21,267
Net Assets$3,354,239

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$624,632
Expenses$473,542
Net Income$151,090
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.0
Gross Receipts
$624,632
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$3,103,461$3,127,864▲ $24,403
Cash and Non-Interest-Bearing Accounts$40,058$128,103▲ $88,045
Savings and Temporary Cash Investments$64,093$114,083▲ $49,990
Accounts Receivable-$5,456-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,207,612$3,375,506▲ $167,894
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$4,463$21,267▲ $16,804
Total Liabilities$4,463$21,267▲ $16,804
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,184,738$3,334,239▲ $149,501
Net Assets With Donor Restrictions$18,411$20,000▲ $1,589
Total Net Assets Fund Balance$3,203,149$3,354,239▲ $151,090
Total Liabilities and Net Assets / Fund Balance$3,207,612$3,375,506▲ $167,894
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shelley N BrownPres/Exec. DirectorPT$102,992$102,992
Ruthie MoutafianTreasurer/Sec.PT$41,927$41,927

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$200,369
Program Service Revenue
$0
Investment Income
$374,378
Other Revenue
$49,885
All Other Contributions
$200,369
Change in Net Assets
$151,090

Audited Revenue Reconciliation

Revenue per Audited Statements
$624,632
Total Revenue per Audited Statements
$624,632
Total Revenue per Form 990
$624,632
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,576
Salaries, Compensation, and Employee Benefits$185,966
Grants and Similar Amounts Paid$80,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$79,705$65,214-$144,919
Grants to Domestic Orgs$80,000--$80,000
Fees for Services Accounting-$16,700-$16,700
Other Salaries and Wages$9,075$7,425-$16,500
Payroll Taxes$7,060$7,816-$14,876
Other Employee Benefits$4,589$5,082-$9,671
Fees for Services Other$5,921$3,655-$9,576
Office Expenses-$9,506-$9,506
Information Technology-$8,122-$8,122
Insurance-$2,831-$2,831
Travel$851$696-$1,547
Other Expenses$158,851$443-$443
Total Functional Expenses$346,052$127,490$0$473,542

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$473,542
Total Expenses per Audited Statements$473,542
Total Expenses per Form 990$473,542
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
10000 DegreesSan Rafael, CA-Education$40,000
Three SquareLas Vegas, NV-Community Promotion and Development$20,000
World Central KitchenWashington, DC-Disaster Support$20,000
Carlos Santana Arts AcademyNorth Hills, CA-Education$10,000
Huckleberry Youth ProgramsSan Rafael, CA-Health$10,000
Project AverySan Rafael, CA-Community Promotion and Development$10,000
Strong Start Go Mobile Pre-KLas Vegas, NV-Education$10,000
UCSF Foundation - HEAL InitiaSan Francisco, CA-Disaster Support$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

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

Form 990, Part VI, Line 11B: Form 990 Review Process

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.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

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

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Form 990 available at Guidestar.org.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents available upon request.

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
Pres/Exec. Director
Signed
2022-05-05
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

Preparer

Firm
R J Ricciardi Inc
Address
1101 Fifth Avenue Suite 360, San Rafael, CA 94901
Preparer
Hiep Pham
Phone
4154571215
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

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-than-not 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 at December 31, 2021. 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 agroup setting to help children and teens cope with the confusion, fear and stresscaused by parental illness.Johns Hopkins Center for American Indian Health - To establish a suicide preventionprogram through the schools on the Reservation. Pine Ridge has one of the highestincidences of teen suicide in the country.Larkin Street Youth - Larkin Street supports homeless youth in San Francisco withprograms and hope.Songs of Love - Songs by famous musicians for and about children with lifethreatening illnesses.Three Square Food Bank - Three Square is a Feeding America affiliate, serving fourcounties in Southern Nevada: Clark, Nye, Lincoln and Esmeralda. Three Square andFeeding America estimate the number of food-insecure persons in our service area tobe 305,000. Food insecurity occurs when people aren't able to secure enough food fora healthy diet and active lifestyle, at some point during the year.VIP Community Mental Health Center - Using evidence-based practices, our mentalhealth clinicians are trained to provide a variety of therapies designed to meet theunique needs of our clients.Okizu - The mission of Okizu is to provide peer support, respite, mentoring, andrecreational programs to meet the needs of all members of families affected bychildhood cancer.Mosaic Project - We work toward a peaceful future by uniting children of diversebackgrounds, providing them with essential community building skills, and empoweringthem to become peacemakers.Education Programs:Carlos Santana Arts Academy - The mission of Carlos Santana Arts Academy (CSAA), incollaboration with families and the community, is to prepare students to besuccessful in a diverse society and ever-changing world, becoming self-directedlearners as they reach proficiency in a standards-based curriculum with arts at itscore. CSAA staff support students to be original thinkers who are innovative problemsolvers, effective communicators who are technologically skilled, and responsiblemembers of society.Little Stars School - Little Stars school provides an educational program for streetchildren.Hand in Hand: Center for Jewish Arab - Hand in Hand brings together thousands ofJews and Arabs in six schools and communities throughout Israel. In Jerusalem. Inthe Galilee. In Wadi Ara. In Tel Aviv-Jaffa. In Haifa. In Tira & Kfar Saba. Withmany more continually joining. We are proving on a daily basis the viability ofinclusion and equality for all citizens of Israel.Hannah Project for Academic Achievement - The Hannah Project Partnership forAcademic Achievement is a community based education and cultural organizationlocated in Marin City, California. Utilizing culture and the arts to undergird itseducational programming, the Hannah Project seeks to both build community andpromote the value of achievement among low income black and brown youth in MarinCity and Marin County as a whole. Our vision is to make college and career both anexpectation and a norm.Arts Program:Women's Audio Mission - Women's Audio Mission is a San Francisco based, non-profitorganization dedicated to the advancement of women in music production and therecording arts. In a field where women are chronically under-represented (less than5%), WAM seeks to "change the face of sound" by providing hands-on training,experience, career counseling and job placement to women and girls in mediatechnology for music, radio, film, television and the internet. WAM believes thatwomen's mastery of music technology and inclusion in the production process willexpand 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 April 2016, the Milagro Foundation has supported low income, underserved and underrepresented children in 36 states and 36 countries bygranting $6,719,213 to 362 agencies working with children and youth.Milagros education focus support agencies and organizations that are working toclose the achievement gap and provide college access and aspirations among youngpeople. Milagro evaluates long term projects that will lead to systemic changes,especially in impoverished communities. Through education we hope to help change oreliminate 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 SanFrancisco Bay
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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-than-not 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 at December 31, 2021. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Education
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Education
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Health
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Community Promotion and Development
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Education
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Community Promotion and Development
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Disaster Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Disaster Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt010000 Degrees
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Carlos Santana Arts Academy
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Huckleberry Youth Programs
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Project Avery
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Strong Start Go Mobile Pre-K
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Three Square
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6UCSF Foundation - HEAL Initia
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7World Central Kitchen
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01650 Los Gamos Drive Suite 1
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt19301 Columbus Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2361 Third Street Suite G
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 150088
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4495 S Main St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt54190 North Pecos Road
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6PO Box 35339
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71342 Florida Avenue NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0San Rafael
IRS990ScheduleI/RecipientTable/USAddress/CityNm1North Hills
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IRS990ScheduleI/RecipientTable/USAddress/CityNm3San Rafael
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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