philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Miracle Square INC FY2021 filing

Tax-deductible

West Columbia, SC501(c)(3)HousingEIN 56-2525420Revenue $94K in FY2021

On file with the IRS1403 Jaret CT, 29169-2428 · West Columbia, SCTax-exempt since Sep 2006Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Miracle Square, INC. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 10 unit project known as Miracle Square located in sumter, south carolina, which provides housing for persons with disabilities. The corporation receives housing assistance from the u.s. Department of housing and urban development pursuant to section 811 of the national housing act, as amended.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $17K a year · 18% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.1M
132% of total assets
Concern: liabilities are 132% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$94K
+10% vs prior year
Spent
$117K
To programs
77%
Net assets
−$275K
By yearFY2020–FY2024
Revenue
$94K
FY2021▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$86K
FY2021$94K
FY2022$87K
FY2023$101K
FY2024$105K
Expenses
$117K
FY2021▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$113K
FY2021$117K
FY2022$103K
FY2023$109K
FY2024$115K
Net assets
−$275K
FY2021▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020−$253K
FY2021−$275K
FY2022−$291K
FY2023−$311K
FY2024−$321K

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $90K Management & general 23% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Margaret Harris
Board Member
$0Pt VII · Sec A
See Miracle Square INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides accessible housing for people with disabilities.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $90K · in their own filed words · FY2021
01

Miracle square, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 10 unit project known as miracle square located in sumter, south carolina, which provides housing for persons with disabilities.

$90Kprogram expense

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$94K
Ln 12
Gifts and grantsLn 1h$66K
Fees for servicesLn 2g$22K
Other incomeLn 4–11$6K
Money outPt IX
$117K
Ln 25
Programscol B$90K
Managementcol C$27K
Owns and owesPt X
−$275K
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$873K
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$66K
Government grantsLn 1e$66K
Fees for servicesLn 2g$22K
Investment incomeLn 3$46
Other incomeLn 4–11$6K
Total revenueLn 12$94K
Assets in detailPt X, end of year
CashLn 1$9K
Cash and savings togetherLn 1–2$9K
InvestmentsLn 11–13$103K
Land, buildings, equipmentLn 10c$755K
Other assetsLn 15$2K
Total assetsLn 16$873K
LiabilitiesLn 26$1.1M
Net assetsLn 32−$275K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$375$9K
InvestmentsLn 11–13$90K$103K
Land, buildings, equipmentLn 10c$795K$755K
Total assetsLn 16$891K$873K
LiabilitiesLn 26$1.1M$1.1M
Net assetsLn 32−$253K−$275K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$7K$7K
Accounting feesLn 11c$4K$4K
Office expensesLn 13$5K$5K
OccupancyLn 16$53K$53K
TravelLn 17$132$132
Depreciation, depletion and amortizationLn 22$29K$29K
Other expenses (24a–d)Ln 24$19K$7K$11K
Total functional expensesLn 25$117K$90K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $105K$115K−$10K−$321K 990 PDF
FY2023 $101K$109K−$8K−$311K 990 PDF
FY2022 $87K$103K−$16K−$291K 990 PDF
FY2021 Viewing $94K$117K−$22K−$275K 990 PDF
FY2020 $86K$113K−$28K−$253K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $94,086 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $62,552$65,632
I-9 Program service revenuePrior year $22,584$22,255
I-10 Investment incomePrior year $48$46
I-11 Other revenuePrior year $424$6,153
I-12 Total revenuePrior year $85,608$94,086
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $113,319$116,576
I-18 Total expensesPrior year $113,319$116,576
I-19 Revenue less expensesPrior year −$27,711−$22,490
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $94,086 across 6 lines filed
VIII-1e Government grants$65,632
VIII-1h Total contributions, gifts and grants$65,632
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $22,255$22,255
VIII-3 Investment incomeExcluded from tax $46$46
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $6,153$6,153
VIII-12 Total revenueRelated to mission $22,255 · Unrelated business $0 · Excluded from tax $6,199$94,086
Part IX · Statement of functional expenses $116,576 across 7 lines filed
IX-11a Management feesManagement $6,528$6,528
IX-11c Accounting feesManagement $4,000$4,000
IX-13 Office expensesManagement $4,901$4,901
IX-16 OccupancyPrograms $53,124$53,124
IX-17 TravelManagement $132$132
IX-22 Depreciation, depletion and amortizationPrograms $29,347$29,347
IX-24 Other expenses (24a–d)Programs $7,288 · Management $11,256$18,544
IX-25 Total functional expensesPrograms $89,759 · Management $26,817 · Fundraising $0$116,576
Part X · Balance sheet $872,968 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $375$8,848
X-4 Accounts receivableStart of year $306$357
X-9 Prepaid expenses and deferred chargesStart of year $2,765$3,248
X-10c Land, buildings and equipment, netStart of year $795,061$755,412
X-13 Program-related investmentsStart of year $90,384$103,083
X-15 Other assetsStart of year $1,987$2,020
X-16 Total assetsStart of year $890,878$872,968
X-17 Accounts payable and accrued expensesStart of year $4,389$8,543
X-19 Deferred revenue$393
X-25 Other liabilitiesStart of year $1,987$2,020
X-26 Total liabilitiesStart of year $1,143,724$1,148,304
X-27 Net assets without donor restrictionsStart of year −$252,846−$275,336
X-32 Total net assets or fund balancesStart of year −$252,846−$275,336
X-33 Total liabilities and net assetsStart of year $890,878$872,968
Part XI · Reconciliation of net assets −$275,336 net assets at year end
XI-1 Total revenue$94,086
XI-2 Total expenses$116,576
XI-3 Revenue less expenses−$22,490
XI-4 Net assets at start of year−$252,846
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$275,336

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.