Mission: Our mission: A family for every child in our lifetime.
For the past 20 years, Miracle Foundation has improved the lives of more than 15,000 children and impacted nearly 300 orphanages. Today, we are an industry leader in family-based care, helping to reunite orphaned children with families, and working at the local level to keep children from entering the system.
We utilize the power of data to create real, sustainable change. Our proven Thrive Scale™ methodology is based on the UN Rights of the Child and allows us to systematically measure and improve all aspects of a child's well-being, both in an orphanage setting and as they transition to a family.
In addition, our leading-edge FosterShare™ app offers a revolutionary and welcome change to the US foster care system, helping children avoid the painful process of being moved from home to home.
Miracle Foundation is a 501(c)(3) organization, with an IRS ruling year of 2001, and donations are tax-deductible.
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Star Rating System by Charity Navigator
Charity Navigator evaluates a nonprofit organization’s financial health including measures of stability, efficiency and sustainability. We also track accountability and transparency policies to ensure the good governance and integrity of the organization.
Exceptional
This charity's score is 98.06, earning it a 4-Star rating. Donors can "Give with Confidence" to this charity.
This score is calculated from two sub-scores:
Finance: 97.27 View details
Accountability & Transparency: 100.00 View details
This score represents Form 990 data from 2019. More recent filing data is available, but it has not been factored into this score, due to COVID-19's effect on this organization.
View this organization’s historical ratings.
Rating update postponed due to COVID-19's impact on this organization. View Miracle Foundation's response.
Star Rated Report
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Program Expense Ratio
84.2%
The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s).
This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver. Dividing a charity's average program expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.
Source: IRS Form 990
Administrative Expenses
5.0%
As reported by charities on their IRS Form 990, this measure reflects what percent of its total budget a charity spends on overhead, administrative staff and associated costs, and organizational meetings. Dividing a charity's average administrative expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.
Source: IRS Form 990
Fundraising Expenses
10.6%
This measure reflects what a charity spends to raise money. Fundraising expenses can include campaign printing, publicity, mailing, and staffing and costs incurred in soliciting donations, memberships, and grants. Dividing a charity's average fundraising expenses by its average total functional expenses yields this percentage. We calculate the charity's average expenses over its three most recent fiscal years.
Source: IRS Form 990
Liabilities to Assets Ratio
4.4%
The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990).
Part of our goal in rating the financial performance of charities is to help donors assess the financial capacity and sustainability of a charity. As do organizations in other sectors, charities must be mindful of their management of total liabilites in relation to their total assets. This ratio is an indicator of an organization’s solvency and or long term sustainability. Dividing a charity's total liabilities by its total assets yields this percentage.
Source: IRS Form 990
Fundraising Efficiency
$0.09
The amount spent to raise $1 in charitable contributions. To calculate a charity's fundraising efficiency, we divide its average fundraising expenses by the average total contributions it receives. We calculate the charity's average expenses and average contributions over its three most recent fiscal years.
Source: IRS Form 990
Working Capital Ratio
1.09 years
Determines how long a charity could sustain its level of spending using its net available assets, or working capital, as reported on its most recently filed Form 990. We include in a charity's working capital unrestricted and temporarily restricted net assets, and exclude permanently restricted net assets. Dividing these net available assets in the most recent year by a charity's average total expenses, yields the working capital ratio. We calculate the charity's average total expenses over its three most recent fiscal years.
Source: IRS Form 990
Program Expense Growth
10.05%
We compute the average annual growth of program expenses using the following formula: [(Yn/Y0)(1/n)]-1, where Y0 is a charity's program expenses in the first year of the interval analyzed, Yn is the charity's program expenses in the most recent year, and n is the interval of years passed between Y0 and Yn.
Source: IRS Form 990
Governance
Charity Navigator looks to confirm on the Form 990 that the organization has these governance practices in place.
Sources Include: IRS Form 990
| Governance: | |
|---|---|
| Independent Voting Board Members ... (More) | |
| No Material Diversion of Assets ... (More) A diversion of assets – any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft – can seriously call into question a charity's financial integrity. We check the charity's last two Forms 990 to see if the charity has reported any diversion of assets. If the charity does report a diversion, then we check to see if it complied with the Form 990 instructions by describing what happened and its corrective action. This metric will be assigned to one of the following categories:
| |
| Audited Financials Prepared by Independent Accountant ... (More) Audited financial statements provide important information about financial accountability and accuracy. They should be prepared by an independent accountant with oversight from an audit committee. (It is not necessary that the audit committee be a separate committee. Often at smaller charities, it falls within the responsibilities of the finance committee or the executive committee.) The committee provides an important oversight layer between the management of the organization, which is responsible for the financial information reported, and the independent accountant, who reviews the financials and issues an opinion based on its findings. We check the charity's Form 990 reporting to see if it meets this criteria.
| |
| Does Not Provide Loan(s) to or Receive Loan(s) From Related Parties ... (More) | |
| Documents Board Meeting Minutes ... (More) | |
| Distributes 990 to Board Before Filing ... (More) | |
| Compensates Board ... (More) |
Policies
Charity Navigator looks to confirm on the Form 990, or for some metrics on the charity's website, that the organization has these policies in place.
Sources Include: IRS Form 990 and organization's website
| Policies: | |
|---|---|
| Conflict of Interest ... (More) | |
| Whistleblower ... (More) | |
| Records Retention and Destruction ... (More) | |
| CEO Compensation Process ... (More) | |
| Donor Privacy ... (More) Donors can be reluctant to contribute to a charity when their name, address, or other basic information may become part of donor lists that are exchanged or sold, resulting in an influx of charitable solicitations from other organizations. Our analysts check the charity's website to see if the organization has a donor privacy policy in place and what it does and does not cover. Privacy policies are assigned to one of the following categories:
The privacy policy must be specific to donor information. A general website policy which references "visitor" or "user" personal information will not suffice. A policy that refers to donor information collected on the website is also not sufficient as the policy must be comprehensive and applicable to both online and offline donors. The existence of a privacy policy of any type does not prohibit the charity itself from contacting the donor for informational, educational, or solicitation purposes. (Less) |
Transparency
Charity Navigator looks to confirm on the Form 990, or for some metrics on the charity's website, that the organization makes this information easily accessible.
Sources Include: IRS Form 990 and organization's website
| Transparency: | |
|---|---|
| CEO Salary Listed on 990 ... (More) | |
| Board of Directors Listed on Website ... (More) | |
| Key Staff Listed on Website ... (More) | |
| Audited Financial Statements on Website ... (More) | |
| Form 990 Available on Website ... (More) |
Additional Information
Unscored
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Total Revenue and Expenses
This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.
Salary of Key Persons
Presented here are this organizations key compensated staff members as identified by our analysts. This compensation data includes salary, cash bonuses and expense accounts and is displayed exactly how it is reported to the IRS. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting
Leslie Beasley, CEO
$126,752 (4.40% of Total Expenses)
Caroline Boudreaux, Founder
$106,905 (3.71% of Total Expenses)
Current CEO and Board Chair can be found in the Leadership & Adaptability report below.
Source: IRS Form 990 (page 7), filing year 2020
Business Master File Data
Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website
Activities:
Activity data not reported from the IRS
Foundation Status:
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) (BMF foundation code: 15)
Affiliation:
Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)
Data Sources: IRS Forms 990
The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to view this organization's Forms 990 on the IRS website (if any are available).
Pandemic Response
This organization was impacted by COVID-19 in a way that effected their financial health in 2020. This normally would have reduced their star rating. Due to the unprecedented nature of the pandemic, we give charities such as this one the opportunity to share the story of COVID's impact on them, and doing this pauses our revision of their rating. Charities may submit their own pandemic responses through their nonprofit portal.
Miracle Foundation reported being impacted by COVID-19 in the following ways:
Program Delivery
Fundraising Capacity
Revenue
How COVID-19 impacted the organization's operations financially:
We lost many regular donors due to the uncertainty of COVID and/or due to layoffs. Additionally, many of our funders gave lower donation amounts.
How COVID-19 impacted the organization's delivery of programs:
Our staff had to redesign all of our programs to be 100% remote. Additionally, we added an emergency relief program for those we serve which brought on unplanned expenses.
How this organization adapted to changing conditions caused by COVID-19:
As a result of lockdowns and social distancing, we were forced to offer all of our services online. There were many unexpected benefits to an all-virtual model. Our training sessions, including those with UNICEF, had a far wider reach when the need for an in-person facilitator was removed and trainings were online. We digitized our vast training resources, even animating some critical story elements, creating a digital toolkit that can reach a far wider audience. We launched an emergency distribution of food and vital supplies to 2,000 families, mostly to women-led households. We provided tablet/smart phones to children that included wifi connectivity, so our students didn’t fall behind. We created several mobile-based apps that will allow us to scale rapidly and collect data more easily. We were able to source higher quality counsellors, bringing urban professionals to rural homes through an online platform.
Innovations the organization intends to continue permanently after the pandemic:
Many of the adaptations mentioned above allowed us to cut travel expenses considerably while the quality of our services delivered remained high. In many areas we will continue to offer our services and resources in an online format where we feel our overall quality and reach will remain unaffected. This includes collaborating with more on-the-ground organizations in rural communities to provide immediate assistance, continuing to develop our mobile-based apps that will allow us to scale rapidly and collect data more easily, and continue to digitize our training resources so that they can be shared easily and continue to reach a far wider audience.
Historical Ratings
| Date Published | Form 990 FYE | Overall Score | Overall Rating |
| Rating Version: 2.1 | |||
| 8/3/2021 | 2019 | 98.06 | |
| 9/1/2020 | 2018 | 94.27 | |
| 2/1/2020 | 2018 | 92.42 | |
This organization received multiple star ratings within this fiscal year, due to an update to its Accountability and Transparency data and/or the receipt of an amended Form 990. | |||
| 4/1/2019 | 2017 | 92.54 | |
| 4/1/2018 | 2016 | 92.51 | |
| 3/1/2018 | 2016 | 91.02 | |
| 5/1/2017 | 2015 | 94.51 | |
| 6/1/2016 | 2014 | 92.48 | |
| Rating Version: 2.0 | |||
| 7/1/2015 | 2013 | 97.13 | |
| 2/1/2014 | 2012 | 91.21 | |
| 6/1/2013 | 2011 | 89.37 |  |
| 4/1/2012 | 2010 | 84.59 | |
| 11/1/2011 | 2009 | 93.92 | |
| 9/20/2011 | 2009 | 81.28 | |
| Rating Version: 1.0 | |||
| 4/1/2011 | 2009 | 92.01 | |
Previous: Finance & Accountability / Next: Leadership & Adaptability
Impact & Results
This score estimates the actual impact a nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.
Impact & Results Score
Not Currently Scored
Miracle Foundation cannot currently be evaluated by our Encompass Rating Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.
Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization.
Do you work at Miracle Foundation? Join the waitlist for an updated Impact & Results score.
Additional Information
Unscored
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Largest Programs
Miracle Foundation reported its largest program on its FY 2019 Form 990 as:
$873,405
Spent in most recent FY
35%
Percent of program expenses
Empowering Orphans
$663,208
Spent in most recent FY
26%
Percent of program expenses
Training and Educational Resources
$521,613
Spent in most recent FY
21%
Percent of program expenses
Global Outreach for Orphans
$238,797
Spent in most recent FY
9%
Percent of program expenses
Center for Excellence Program
Previous: Impact & Results / Next: Culture & Community
Leadership & Adaptability
This score provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.
Leadership & Adaptability Score
100
out of 100
The score earned by Miracle Foundation is a passing score. This score has no effect on the organization's Star Rating.
Encompass Rating V4 provides an evaluation of the organization's Leadership & Adaptability through the nonprofit organization submitting a survey response directly to Charity Navigator.
Leadership & Adaptability Report
100
of 100 points
Mission
The nonprofit organization presents evidence of strategic thinking through articulating the organization’s mission
Miracle Foundation supports orphans to have a better quality of life while bringing about sustainable change that reduces the need for orphanages. For the past 20 years, Miracle Foundation has improved the lives of more than 15,000 children and impacted almost 300 orphanages. Our proven Thrive Scale™ methodology is based on the UN Rights of the Child and leverages data and technology to ensure that orphaned and vulnerable children reach their full potential. Miracle Foundation is part of a global network of non-profit organizations leading the worldwide movement to end the need for orphanages in our lifetime.
Source: Nonprofit submitted responses
Vision
The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.
A Family for Every Child in our Lifetime
Source: Nonprofit submitted responses
Strategic Goals
The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.
Goal One: Transition children from orphanages into families.
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Goal Two: Prevent children from entering the system in the first place.
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Goal Three: Connect the US Foster Care system.
Goal Type: This goal reflects our commitment to further our advocacy work for our organization and or cause area.
Source: Nonprofit submitted responses
Leadership Development
The nonprofit provides evidence of investment in leadership development
Describe an investment in leadership
For more than 60 years, the Rockefeller Foundation Bellagio Center in Northern Italy has been hosting thought leaders from around the world, offering a beautiful space and enough time to turn big ideas into actions that can change the world. Miracle Foundation was invited to host a historic discussion on the topic of child reunification and the best ways to ensure children thrive when returned to families. But this was no sterile panel of experts. Young people who grew up in orphanages or the foster care system worked alongside renowned thought leaders from a wide variety of sectors including social protection, disability, gender, early childhood development, education, youth, public policy and more. The action items that resulted drew from the energy of youth and wisdom of experience, creating a bold framework to transform childcare systems and ensure that children never enter those systems in the first place.
Source: Nonprofit submitted responses
Mobilizing for Mission
The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
This organization mobilizes for mission in the following ways:
Strategic Partnerships
Networks of Collective Impact Efforts
Thought Leadership
Raising Awareness
Community Building
Policy Advocacy
What are this organization’s external mobilizaton efforts?
Much of Miracle Foundation's work on the ground involves partnering with and empowering community support groups in order to invest in family strengthening. We also train social workers and government officials at the state and local levels in family based care and child rights. Additionally, we understand that the scope of the orphan crisis is enormous and in order to affect change on a grand scale we need to partner with other like minded organizations around the world--which is why not only do we share out expertise and methodology through webinars, presentations and our own digital toolkit but we are also part of a global network of nonprofit organizations leading the worldwide movement to end the need for orphanages in our lifetime.
Source: Nonprofit submitted responses
Story of Adaptability
The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.
The story of Miracle Foundation is one of innovation, with a flexible leadership team dedicated to protecting vulnerable children. This past year saw a major refocusing of both our strategy and our objectives, with all 70 staff members in the US and India participating in an intensive co-design process. What resulted not only sharpened our commitment to bringing children home from orphanages abroad, it also expanded our attention here in the United States, with a call to help stabilize families in the US Foster Care system. This kind of nimble innovation is only possible with a supportive board that is open to new ideas, as long as they are in the best interests of children. It is further helped with a vast pool of unrestricted donations, allowing us to place resources where they are most needed. This included our recent development of two mobile -based apps. Our Thrive Scale™ application allows us to monitor the safety and wellbeing of the children we help reunify with families. While FosterShare™ helps connect foster families with a vast array of services while simplifying the complex reporting requirements they face. A leadership team with vision and an oversight board open to adaptability are what Miracle Foundation an innovative leader in child reunification field.
Source: Nonprofit submitted responses
Additional Information
Unscored
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Organization Leadership
Leslie Beasley
CEO
Krishna Srinivasan
Chairman of the Board
Previous: Leadership & Adaptability
Culture & Community
This score provides an assessment of the organization's culture and connectedness to the community it serves. Learn more about how and why we rate Culture & Community.
Culture & Community Score
100
out of 100
Miracle Foundation has earned a passing score. This score has no effect on the organization's Star Rating. The organization provided data about how it listens to constituents (Constituent Feedback) (see report below).
The Culture & Community Beacon is comprised of the following metrics:
Constituent Feedback: 100/100 (100% of beacon score)
Diversity, Equity, & Inclusion: Not Scored
Culture & Community Report
100
of 100 points
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Diversity, Equity, & Inclusion
Not Scored
The organization reported that it is currently only implementing 2 diversity, equity and inclusion (DEI) practices. At this time, organizations must implement 3 or more of these practices in order to be scored on this metric. Charity Navigator believes nonprofit organizations implementing effective DEI policies and practices can enhance a nonprofit's decision-making, staff motivation, innovation, and effectiveness.
View this organization's DEI Strategies
Methodology
We are utilizing data collected by Candid to document and assess the DEI practices implemented by the organization. Nonprofit organizations are encouraged to fill out the Equity Strategies section of their Candid profiles to receive a rating.
Learn more about the methodology.
Constituent Feedback
100/100 points
100% of beacon score
This organization reported that it is collecting feedback from the constituents and/or communities it serves. Charity Navigator believes nonprofit organizations that engage in inclusive practices, such as collecting feedback from the people and communities they serve, may be more effective.
View this organization's Constituent Feedback Practices
Methodology
We've partnered with Candid to survey organizations about their feedback practices. Nonprofit organizations can fill out the How We Listen section of their Candid profile to receive a rating.
Learn more about the methodology.
Analysis and Research
Like the overall Encompass Rating System, the Culture & Community Beacon is designed to evolve as metrics are developed and ready for integration. Below you can find more information about the metrics we currently evaluate in this beacon and their relevance to nonprofit performance.
Constituent Feedback
Diversity, Equity, and Inclusion
