TPhilanthropy, Voluntarism & GrantmakingEIN: 862063044· Ruling Year: 2021

Mia Rays Squadron Inc

Marco Island, Florida

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org22.25×
Peer Median15.61×
💰
$26.0M
Total Revenue
📊
$1.5M
Total Expenses
🏦
$34.5M
Net Assets
📋
$307K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+237.7%
Year-over-year change (2023 → 2024)
Net Margin
+94.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
22.25
Net assets divided by total expenses
Liabilities-to-Assets
0.9%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2024$25,967,821238%$1,549,29054%$34,782,192240%
2023$7,688,626122%$1,008,363862%$10,225,775203%
2022$3,468,088$104,785$3,379,483

Frequently Asked Questions

What does Mia Rays Squadron Inc do?

Mia Rays Squadron Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Florida. It is classified under NTEE code T12 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mia Rays Squadron Inc financially healthy?

Based on our 9-metric Financial Health Score model, Mia Rays Squadron Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mia Rays Squadron Inc generate?

Mia Rays Squadron Inc reports $2.7M in annual revenue and holds $37.1M in total assets, based on IRS filings.

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Mia Rays Squadron Inc — Marco Island, FL | GiveScope