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CHARITY REVIEW
Issued: April 2024 Expires: April 2026

MiracleFeet

Accredited Charity
Accredited Charity

Meets Standards

107 Conner Drive, Suite 230
Chapel Hill, NC, 27514

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

MiracleFeet meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to increase access to proper treatment for children born with clubfoot in low- and middle-income countries through partnerships with local healthcare providers."

Year, State Incorporated:
2010, NC

MiracleFeet provides technical, organizational, and financial support to enable local partners to treat children born with clubfoot, preventing a lifetime of disability. The MiracleFeet model is designed for sustainability by working closely with public health systems, with a long-term goal of transitioning programs over to local governments. The organization reports that it enables partner organizations to focus on providing treatment by funding medical supplies, clinic assistants, and parent education. MiracleFeet also educates the general public and healthcare community about clubfoot and the availability of treatment, and advocates for public health systems to integrate clubfoot management into their service offerings.

For the year ended June 30, 2023, MiracleFeet's program expenses were:

Program services $6,673,817
Total Program Expenses $6,673,817

Chief Executive
Daphne de Souza Lima Sorensen, Chief Executive Officer

Compensation*
$171,517

Chair of the Board
Aro Tilde Eide

Chair's Profession / Business Affiliation
Managing Director, Emilia GmbH

Board Size
10

Paid Staff Size
41

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Note: Ms. Sorensen became Chief Executive Officer in October 2022. In 2022, the previous Chief Executive Officer, Chesca Colloredo-Mansfeld, was the highest paid employee, receiving $181,512 in compensation.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Print advertisements

Fundraising costs were 7% of related contributions. (Related contributions, which totaled $14,285,104, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on MiracleFeet's audited financial statements for the year ended June 30, 2023.

Source of Funds
Interest and other income $45,827
In-kind contributions $46,865
Government grants $335,989
Contributions $13,902,250
Total Income $14,330,931

Programs: 80% Fundraising: 12% Administrative: 8%

Total Income $14,330,931
Total expenses: $8,392,927
  Program expenses $6,673,817
  Fundraising expenses $1,024,033
  Administrative expenses $695,077
  Other expenses $0
Income in Excess of Expenses $5,938,004
Beginning Net Assets $12,281,654
Other Changes In Net Assets $-127,243
Ending Net Assets $18,092,415
Total Liabilities $143,621
Total Assets $18,236,036

Note 1: As noted in the above financial section, "other changes in net assets" refers to loss on disposal of fixed assets (-$20,185) and foreign currency exchange loss (-$107,058).

Note 2: According to the organization's audited financial statements - consolidated - for the year ended June 30, 2023, MiracleFeet received in-kind contributions totaling $46,865 in the form of donated brace mold ($37,400), advertising ($4,359), legal services ($3,185), and inventory management ($1,921).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance