Mig Foundation INC EIN 84-4908697

Mig Foundation INC

EIN  84-4908697 Religious organization Dunwoody, GA
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Size
<$100K
What they do
Provides charitable, cultural, and arts support, including aid to needy families.
Leadership
Amit Shah · President
Money in and out
$90K revenue, $860 expenses
Bottom line
100% program efficiency

Provides charitable, cultural, and arts support, including aid to needy families. For fiscal year 2025 it reported $90K in revenue, $860 in expenses, and $322K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$90K
Pt VIII · Ln 12
Total expenses
$860
Pt IX · Ln 25
Net assets
$322K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $89K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
1709.2mo
months of highly liquid reserves at operating expense rate▼ -48% vs prior filing year
Surplus margin
+99%
revenue over expenses, this year▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$90K
FY2025▲ +38%
Expenses
$860
FY2025▲ +274%
Total assets
$322K
FY2025▲ +38%
Total liabilities
$0
FY2025
Total revenue
$90K
Pt VIII · Ln 12
Total expenses
$860
Pt IX · Ln 25
Net assets
$322K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$89K
Total assetsPt X · Ln 16$322K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 41
Mission & Programs · Part III

Where the work happens

1 program service account for $860 of program spending, described in the organization's own filed words · FY2025.
01

The corporation is organized for charitable ,cultural, arts, literary purpose including for such purposes, the making of distributions to organizations under 501(c)(3) of irc and to provide support to any needy families,work with community raise funds for orphan student,support foreign (india) counterpart, run the SCHOLARSHIP.RAISE money…

$860program expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMig Foundation INC
EINHdr · item D84-4908697
Principal addressHdr · item CDunwoody, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X70)
Ruling yearIRS BMFApr 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1b1
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
See Mig Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$75K · 84%
Investment income$15K · 16%
Contributions & grants84%$75K
Investment income16%$15K
Total revenueLn 12$90K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$860
Total functional expensesLn 25$860

Balance Sheet

Part X · end of year
CashLn 1$122K
Total assetsLn 16$322K
Total liabilitiesLn 26$0
Total net assetsLn 32$322K
Months of cash on handcomputed1709.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $122K · Operating expenses/yr $860
1709.2 months
Where the money goes
Program services
Program services $860 · Total expenses $860
100%
Management & General
Management & general $0 · Total expenses $860
0%
Fundraising
Fundraising $0 · Total expenses $860
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $82K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $75K · Total revenue $90K
84%
Government reliance
Government grants — · Total revenue $90K
Earned-income share
Program service revenue $0 · Total revenue $90K
0%
Investment reliance
Investment income $15K · Total revenue $90K
+16%
Program self-sufficiency
Program service revenue $0 · Total expenses $860
0%
Growth & trend
Revenue growth (YoY)
This year $90K · Prior year $65K
+38%
Net-asset trend (YoY)
End of year $322K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $90K · Expenses $860
+99%
Liabilities-to-Assets
Total liabilities — · Total assets $322K
Net-asset ratio
Net assets $322K · Total assets $322K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $322K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Amit Shah · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $860
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $860
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 38%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$11K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$90K revenue · viewing · ⤓ 990 PDF
FY2024$65K revenue · ⤓ 990 PDF
FY2023$112K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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