Miracle Foundation Inc

Austin, TX
Tax-exempt since June 2001
EIN: 74-2989580

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Type of Nonprofit

Designated as a 501(c)3 Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn’t provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Adoption (NTEE)

Donations to this organization are tax deductible.

Revenue

$5.22M (2023)

Expenses

$4.63M (2023)

Total Assets

$4.62M (2023)

Total Liabilities

$393k (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2023

Revenue

$5,222,541

Expenses

$4,628,493

Net Income

$594,048

Net Assets

$4,223,252

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,116,140	98.0%
Program Services	$0
Investment Income	$106,001	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$400	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$323,751	7.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,295,591	28.0%

Assets/Debt
Total Assets	$4,616,628
Total Liabilities	$393,376
Net Assets	$4,223,252

Compensation

Key Employees and Officers	Compensation	Related	Other
Leslie Beasley (Ceo)	$161,250	$0	$0
Caroline Boudreaux (Founder)	$152,961	$0	$16,604
Marty Romell (Cfo/Treasurer)	$90,203	$0	$14,656
Krishna Srinivasan (Chairman)	$0	$0	$0
Rajeev Kathuria (Board Member)	$0	$0	$0
Nabella Ixtabalan (Board Member)	$0	$0	$0
John Messer (Board Member)	$0	$0	$0
Trisa Thompson (Board Member)	$0	$0	$0
Daniel Marsili (Board Member)	$0	$0	$0
Karen Starns (Board Member)	$0	$0	$0
Katie Olse (Board Member)	$0	$0	$0
Peggy Ajuja (Board Member)	$0	$0	$0

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990

Filed on July 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending March
2022

Revenue

$3,731,836

Expenses

$3,846,589

Net Income

-$114,753

Net Assets

$3,732,196

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,668,962	98.3%
Program Services	$0
Investment Income	$62,874	1.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$414,097	10.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$936,171	24.3%

Assets/Debt
Total Assets	$3,952,092
Total Liabilities	$219,896
Net Assets	$3,732,196

Compensation

Key Employees and Officers	Compensation	Related	Other
Leslie Beasley (Ceo)	$155,187	$0	$0
Caroline Boudreaux (Founder)	$130,142	$0	$10,178
Marty Romell (Cfo/Treasurer)	$90,690	$0	$14,125
Krishna Srinivasan (Chairman)	$0	$0	$0
Rajeev Kathuria (Board Member)	$0	$0	$0
Nabella Ixtabalan (Board Member)	$0	$0	$0
John Messer (Board Member)	$0	$0	$0
Trisa Thompson (Board Member)	$0	$0	$0
Daniel Marsili (Board Member)	$0	$0	$0
Karen Starns (Board Member)	$0	$0	$0

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990

Filed on July 31, 2022

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XML

Fiscal Year Ending March
2021

Revenue

$454,271

Expenses

$624,468

Net Income

-$170,197

Net Assets

$3,838,274

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$441,444	97.2%
Program Services	$0
Investment Income	$12,827	2.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$63,436	10.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$230,625	36.9%

Assets/Debt
Total Assets	$4,021,765
Total Liabilities	$183,491
Net Assets	$3,838,274

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2020

Revenue

$3,630,859

Expenses

$2,847,032

Net Income

$783,827

Net Assets

$3,924,750

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,562,456	98.1%
Program Services	$30,850	0.8%
Investment Income	$37,188	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$365	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$253,746	8.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$873,565	30.7%

Assets/Debt
Total Assets	$4,038,892
Total Liabilities	$114,142
Net Assets	$3,924,750

Compensation

Key Employees and Officers	Compensation	Related	Other
Leslie Beasley (Ceo)	$128,750	$0	$0
Caroline Boudreaux (Founder)	$121,521	$0	$8,777
Marty Romell (Cfo/Treasurer)	$81,091	$0	$8,580
Krishna Srinivasan (Chairman)	$0	$0	$0
Rajeev Kathuria (Board Member)	$0	$0	$0
Nabella Ixtabalan (Board Member)	$0	$0	$0
John Messer (Board Member)	$0	$0	$0
Trisa Thompson (Board Member)	$0	$0	$0
Daniel Marsili (Board Member)	$0	$0	$0
Barry Twomey (Board Member)	$0	$0	$0

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990

Filed on May 4, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$3,758,833

Expenses

$2,878,831

Net Income

$880,002

Net Assets

$3,096,692

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,686,493	98.1%
Program Services	$30,600	0.8%
Investment Income	$41,740	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$329,230	11.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$810,111	28.1%

Assets/Debt
Total Assets	$3,241,894
Total Liabilities	$145,202
Net Assets	$3,096,692

Compensation

Key Employees and Officers	Compensation	Related	Other
Leslie Beasley (Ceo)	$126,752	$0	$0
Caroline Boudreaux (Founder)	$106,905	$0	$8,007
Marty Romell (Cfo/Treasurer)	$79,559	$0	$8,007
Krishna Srinivasan (Chairman)	$0	$0	$0
Rajeev Kathuria (Board Member)	$0	$0	$0
Nabella Ixtabalan (Board Member)	$0	$0	$0
John Messer (Board Member)	$0	$0	$0
Trisa Thompson (Board Member)	$0	$0	$0
Daniel Marsili (Board Member)	$0	$0	$0
Barry Twomey (Board Member)	$0	$0	$0

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990

Filed on July 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$3,178,697

Expenses

$2,993,214

Net Income

$185,483

Net Assets

$2,170,705

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,124,465	98.3%
Program Services	$29,512	0.9%
Investment Income	$23,920	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$800	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$369,959	12.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$782,957	26.2%

Assets/Debt
Total Assets	$2,268,979
Total Liabilities	$98,274
Net Assets	$2,170,705

Compensation

Key Employees and Officers	Compensation	Related	Other
Caroline Boudreaux (Founder)	$106,008	$0	$6,364
Elizabeth Davis (President (Left In '18))	$96,832	$0	$8,206
Marty Romell (Cfo/Treasurer)	$80,436	$0	$15,045
Leslie Beasley (President)	$48,308	$0	$8,760
Krishna Srinivasan (Board Member)	$0	$0	$0
Rajeev Kathuria (Board Member)	$0	$0	$0
Mary Kozlowski (Board Member)	$0	$0	$0
John Messer (Board Member)	$0	$0	$0
Peggy Ahuja (Board Member)	$0	$0	$0
Daniel Marsili (Board Member)	$0	$0	$0
Barry Twomey (Board Member)	$0	$0	$0

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990

Filed on Aug. 23, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$2,626,023

Expenses

$2,588,178

Net Income

$37,845

Net Assets

$2,029,047

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,503,957	95.4%
Program Services	$93,976	3.6%
Investment Income	$28,090	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$244,844	9.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$696,139	26.9%

Assets/Debt
Total Assets	$2,200,997
Total Liabilities	$171,950
Net Assets	$2,029,047

Compensation

Key Employees and Officers	Compensation	Related	Other
Elizabeth Davis (President)	$129,732	$0	$0
Caroline Boudreaux (Founder)	$90,957	$0	$0
Carl Marty Romell (Cfo)	$73,980	$0	$0
Krishna Srinivasan (Chairman)	$0	$0	$0
Peggy Ahuja (Director)	$0	$0	$0
Leslie Beasley (Director)	$0	$0	$0
Soulaima Gourani (Director)	$0	$0	$0
Rajeev Kathuria (Director)	$0	$0	$0
Mary Kozlowski (Director)	$0	$0	$0
Daniel Marsili (Director)	$0	$0	$0
John Messer (Director)	$0	$0	$0
Barry Twomey (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$2,764,923

Expenses

$2,270,653

Net Income

$494,270

Net Assets

$1,939,308

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,595,690	93.9%
Program Services	$150,905	5.5%
Investment Income	$18,328	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$243,360	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$551,891	24.3%

Assets/Debt
Total Assets	$2,333,170
Total Liabilities	$393,862
Net Assets	$1,939,308

Compensation

Key Employees and Officers	Compensation	Related	Other
Elizabeth Davis (President)	$156,360	$0	$0
Caroline Boudreaux (Founder)	$107,000	$0	$0
Marty Romell (Cfo)	$75,123	$0	$0
Mary Kozlowski (Member)	$0	$0	$0
Rajeev Kathuria (Member)	$0	$0	$0
Peggy Ahuja (Member)	$0	$0	$0
John Messer (Member)	$0	$0	$0
Leslie Beasley (Member)	$0	$0	$0
Soulaima Gourani (Member)	$0	$0	$0
Jessica Jackley (Memeber)	$0	$0	$0
Dr Manish Chauhan (Member)	$0	$0	$0
Krishna Srinivasan (Chairman)	$0	$0	$0

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990

Filed on Aug. 16, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$2,252,460

Expenses

$2,016,076

Net Income

$236,384

Net Assets

$1,457,690

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,070,510	91.9%
Program Services	$171,032	7.6%
Investment Income	$10,918	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$255,000	12.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$461,618	22.9%

Assets/Debt
Total Assets	$1,824,161
Total Liabilities	$366,471
Net Assets	$1,457,690

Compensation

Key Employees and Officers	Compensation	Related	Other
Elizabeth Davis (Coo)	$132,796	$0	$0
Caroline Boudreaux (Founder)	$109,796	$0	$0
Marty Romell (Cfo)	$70,287	$0	$0
Mary Kozlowski (Member)	$0	$0	$0
Bill Ramsdell (Member)	$0	$0	$0
Rajeev Kathuria (Member)	$0	$0	$0
Steve Hicks (Member)	$0	$0	$0
Peggy Ajuha (Member)	$0	$0	$0
John Messer (Member)	$0	$0	$0
Manish Chavhan (Member)	$0	$0	$0
Krishna Srinivasan (Chairman)	$0	$0	$0

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990

Filed on Sept. 6, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$1,810,052

Expenses

$1,730,699

Net Income

$79,353

Net Assets

$1,236,882

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,675,484	92.6%
Program Services	$131,413	7.3%
Investment Income	$3,155	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$249,266	14.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$393,801	22.8%

Assets/Debt
Total Assets	$1,607,517
Total Liabilities	$370,635
Net Assets	$1,236,882

Compensation

Key Employees and Officers	Compensation	Related	Other
Elizabeth Davis (Coo)	$144,266	$0	$0
Caroline Boudreaux (Founder)	$105,000	$0	$0
Mary Kozlowski (Member)	$0	$0	$0
Brett Hatton (Member)	$0	$0	$0
Bill Ramsdell (Member)	$0	$0	$0
Kelly White (Member)	$0	$0	$0
Rajeev Kathuria (Member)	$0	$0	$0
Steve Hicks (Member)	$0	$0	$0
Manish Chauhan (Member)	$0	$0	$0
Peggy Ajuha (Member)	$0	$0	$0
Krishna Srinivasan (Chairman)	$0	$0	$0

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990

Filed on Nov. 12, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$1,492,003

Expenses

$1,447,731

Net Income

$44,272

Net Assets

$1,157,529

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,329,503	89.1%
Program Services	$160,315	10.7%
Investment Income	$2,185	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$229,880	15.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$357,109	24.7%

Assets/Debt
Total Assets	$1,499,140
Total Liabilities	$341,611
Net Assets	$1,157,529

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,180,094

Expenses

$1,246,642

Net Income

-$66,548

Net Assets

$1,112,472

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,073,515	91.0%
Program Services	$104,170	8.8%
Investment Income	$2,409	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$210,000	16.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$396,355	31.8%

Assets/Debt
Total Assets	$1,176,125
Total Liabilities	$63,653
Net Assets	$1,112,472

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,236,382

Expenses

$985,632

Net Income

$250,750

Net Assets

$1,179,020

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,115,753	90.2%
Program Services	$97,632	7.9%
Investment Income	$2,086	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$129
Other Revenue	$21,040	1.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$210,000	21.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$287,951	29.2%

Assets/Debt
Total Assets	$1,211,237
Total Liabilities	$32,217
Net Assets	$1,179,020

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$887,340

Expenses

$1,193,922

Net Income

-$306,582

Net Assets

$928,201

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$784,596	88.4%
Program Services	$96,696	10.9%
Investment Income	$5,315	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$733	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$210,177	17.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$284,079	23.8%

Assets/Debt
Total Assets	$1,015,555
Total Liabilities	$87,354
Net Assets	$928,201

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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Miracle Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $5.22M (2023)

Expenses $4.63M (2023)

Total Assets $4.62M (2023)

Total Liabilities $393k (2023)

Tax Filings by Year

Fiscal Year Ending March 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending March 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending March 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Revenue

$5.22M (2023)

Expenses

$4.63M (2023)

Total Assets

$4.62M (2023)

Total Liabilities

$393k (2023)

Fiscal Year Ending March
2023

Fiscal Year Ending March
2022

Fiscal Year Ending March
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003