Friends Of The Miracle Mile is located in Pasadena, CA. The organization was established in 2006. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Miracle Mile is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Friends Of The Miracle Mile generated $39.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $47.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PANDEMIC SUPPORT TO LOCAL COMMUNITY AND YOUTHS 16-24
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl Turner Presdient & CEO | 10 | $6,500 | |
James D Turner Secretary & Treasurer | 10 | $8,500 | |
Kuliema Blueford Director | 5 | $0 | |
Yasmin Verdugo Director | 5 | $0 | |
Linda Shephard Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $34,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,438 |
| Total expenses | $47,438 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,321 |
| Other assets | $0 |
| Total assets | $165,850 |
| Total liabilities | $85,000 |
| Net assets or fund balances | $80,850 |