Community Improvement
(S20)
IRS Verified
DX Registered
990 on File
MIAMI CHILDRENS INITIATIVE INC
Financial strength (30%)
48/100
Reliability (20%)
50/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Miami Children’s Initiative is a 501 (3) nonprofit organization focused on transforming Liberty City into a prosperous community. In partnership with Liberty City’s residents, youth, religious centers, schools, businesses and non-profit organizations, we seek to address the needs of our community by investing in our children. MCI believes that Liberty City’s strength lies in the undeveloped potential of its youth and that through focused strategic work the potential of each child can be unleashed.
Financial Overview — FY 2023
$341K
Total Revenue
$1.7M
Total Expenses
$-955,906
Net Assets
31
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.3%
Fundraising Efficiency
N/A
Operating Reserve
-6.93x
Liability-to-Asset
528.8%
Revenue Diversification
100.0%
Executive Compensation
$110K
Compared with Peers
FY 2023
Compared with 2,193 similar organizations
(United States, Community Improvement, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.3% | 85.1% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
26.2% | 11.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.6% | 0.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-6.9 mo | 10.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
528.8% | 21.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 91.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-69.9% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
32.2% | 13.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-385.6% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $341K | $1.7M | $-955,906 | 71.3% | 31 |
| 2022 | $1.1M | $1.3M | $387K | 74.9% | 45 |
| 2021 | $1.5M | $1.2M | N/A | — | 28 |
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