Miracle Outreach Ministries Inc
Nonprofit profile at a glance
- EIN
- 591798553
- IRS 990-EZ coverage
- 2012–2015
- Forms available
- Form 990 2011, Form 990-EZ 2015
- Location
- Jacksonville, FL, USA
- Phone
- 9047338318
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $191,894
- Expenses
- $151,053
- Assets
- $158,322
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- PATRICIA HOLLIDAY (PRES/MIN)
- KATHERINE P HOLLIDAY (SECTY)
- ALEXANDER V HOLLIDAY (TREAS)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Miracle outreach ministries, inc operates as a protestant church for teaching and preaching christianity as set forth in the holy bible. Income to support the activities are from individuals, church collections, investments of funds held for future expansions, and sales of religious books and tapes. All funds are used to accomplish the organizations exempt purpose and to provide funds for expanding its exempt purpose.
What it reported doing in 2015
Miracle outreach ministries, inc meets weekly as a protestant church and teaches and preaches christianity as set forth in the holy bible to meet the needs of its parishioners.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.5%; rating input score 78
- Program expense ratio: 98.5%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 21.3%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 6.9%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 36.4% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 34.5% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 33.7% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 77.5% of revenue deployed · 98.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $149K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2012 to 2015
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Officer compensation ratio scored 27/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.