Civic Intelligence

Magic Wastewater Association Inc

990EZ • Fiscal year 2020 • EIN 03-0334263

Nov 01, 2019 to Oct 31, 2020 • Filed on Jan 15, 2021

Organization ProfileN/A
289 Magic Mountain RoadLondonderry, VT 05148

(802) 824-5908

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.49x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)12 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

88th percentile

1.04x

Higher debt load relative to revenue than 88% of similar nonprofits.

2020 filings • 501(c)12 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-7.4%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)12 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)12 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-3.4%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)12 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

18%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)12 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$91,005

Down $3,178 (-3.4%) from 2019

Net Assets

Down

$46,005

Down $3,178 (-6.5%) from 2019

Liabilities

Flat

$45,000

Flat from 2019

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin25th percentile

Revenue

Up

$43,167

Up $6,737 (+18%) from 2019

Expenses

Up

$46,345

Up $8,716 (+23%) from 2019

Net Income

Down

-$3,178

Down $1,979 (-165%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2010: $126,039Liabilities 2010: $45,000Net Assets 2010: $81,0392010Assets 2011: $127,016Liabilities 2011: $45,000Net Assets 2011: $82,0162011Assets 2012: $123,860Liabilities 2012: $45,000Net Assets 2012: $78,8602012Assets 2014: $122,352Liabilities 2014: $45,000Net Assets 2014: $77,3522014Assets 2015: $109,444Liabilities 2015: $45,000Net Assets 2015: $64,4442015Assets 2016: $99,922Liabilities 2016: $45,000Net Assets 2016: $54,9222016Assets 2017: $95,787Liabilities 2017: $45,000Net Assets 2017: $50,7872017Assets 2018: $95,382Liabilities 2018: $45,000Net Assets 2018: $50,3822018Assets 2019: $94,183Liabilities 2019: $45,000Net Assets 2019: $49,1832019Assets 2020: $91,005Liabilities 2020: $45,000Net Assets 2020: $46,0052020Assets 2021: $89,124Liabilities 2021: $45,000Net Assets 2021: $44,1242021Assets 2022: $90,694Liabilities 2022: $45,000Net Assets 2022: $45,6942022Assets 2023: $73,781Liabilities 2023: $45,000Net Assets 2023: $28,7812023Assets 2024: $76,607Liabilities 2024: $45,000Net Assets 2024: $31,6072024Assets 2025: $72,049Liabilities 2025: $45,000Net Assets 2025: $27,0492025

Highlighted filing

2020

Assets$91,005
Liabilities$45,000
Net Assets$46,005
Open 2020 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2010: $39,285Expenses 2010: $30,065Net Income 2010: $9,2202010Revenue 2011: $36,032Expenses 2011: $35,055Net Income 2011: $9772011Revenue 2012: $34,952Expenses 2012: $38,108Net Income 2012: -$3,1562012Revenue 2014: $32,644Expenses 2014: $35,881Net Income 2014: -$3,2372014Revenue 2015: $35,545Expenses 2015: $48,453Net Income 2015: -$12,9082015Revenue 2016: $42,279Expenses 2016: $51,801Net Income 2016: -$9,5222016Revenue 2017: $49,586Expenses 2017: $53,721Net Income 2017: -$4,1352017Revenue 2018: $43,754Expenses 2018: $44,159Net Income 2018: -$4052018Revenue 2019: $36,430Expenses 2019: $37,629Net Income 2019: -$1,1992019Revenue 2020: $43,167Expenses 2020: $46,345Net Income 2020: -$3,1782020Revenue 2021: $43,826Expenses 2021: $45,707Net Income 2021: -$1,8812021Revenue 2022: $61,180Expenses 2022: $59,610Net Income 2022: $1,5702022Revenue 2023: $47,344Expenses 2023: $64,257Net Income 2023: -$16,9132023Revenue 2024: $45,502Expenses 2024: $42,676Net Income 2024: $2,8262024Revenue 2025: $52,987Expenses 2025: $57,545Net Income 2025: -$4,5582025

Highlighted filing

2020

Revenue$43,167
Expenses$46,345
Net Income-$3,178
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2019 to Oct 31, 2020
Signed
Jan 15, 2021
Return Version
2019v5.0
Gross Receipts
$43,167
Mission and Program Overview

Mission

Magic Wastewater Association operates a waste water and sewer treatment facility. It is operated jointly by several local businesses serving thousands of tourists each year.

Program Services

DescriptionGrantsExpenses
Magic Wastewater Association operates a waste water and sewer treatment facility. It is operated jointly by several local businesses serving thousands of tourists each year.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth PAlbertiPresidentPT$0--
Tim WakerVice President-$0--
Lisa SicotteSecretary-$0--
Lisa SicotteTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Magic Wastewater Association Inc
EIN
03-0334263
Phone
8028245908
Address
289 Magic Mountain Road, Londonderry, VT 05148

Signing Officer

Name
Kenneth Alberti
Title
President
Signed
2021-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Joseph A Wagner CPA PLLC
Address
844 East Manchester Rd, Manchester Center, VT 05255
Preparer
Joseph A Wagner
Phone
8023629086
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $1503”

Other Expenses.1009

“Depreciation $2214”

Other Expenses.1012

“Insurance $1048”

Other Expenses.1

“Utilities $5148”

Other Expenses.2

“Lab Costs $4415”

Other Expenses.3

“Repairs $2687”

Other Expenses.4

“Maintenance $1761”

Other Expenses.5

“Permits $1532”

Other Expenses.6

“Supplies $1073”

Other Expenses.7

“Replacement Costs $530”

Other Expenses.8

“Bank Charges $18”

Other Expenses.9

“rounding $-1”

Other Assets.1003

“Machinery and Equipment - Beginning $8758 Machinery and Equipment - Ending $6607”

Total Liabilities.1

“Reserves - Beginning $45000 Reserves - Ending $45000”

Raw XML Appendix136 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Lisa Sicotte
IRS990EZ/BooksInCareOfDetail/PhoneNum08028245908
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0289 Magic Mountain Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Londonderry
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005148
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt083573
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt082609
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3178
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt024417
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt094183
IRS990EZ/Form990TotalAssetsGrp/EOYAmt091005
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt043167
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0403
IRS990EZ/LandAndBuildingsGrp/BOYAmt01852
IRS990EZ/LandAndBuildingsGrp/EOYAmt01789
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt042764
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt049183
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046005
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt049183
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046005
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kenneth PAlberti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tim Waker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lisa Sicotte
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lisa Sicotte
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08758
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06607
IRS990EZ/OtherExpensesTotalAmt021928
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Magic Wastewater Association operates a waste water and sewer treatment facility. It is operated jointly by several local businesses serving thousands of tourists each year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Magic Wastewater Association operates a waste water and sewer treatment facility. It is operated jointly by several local businesses serving thousands of tourists each year.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt045000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt045000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt046345
IRS990EZ/TotalRevenueAmt043167
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1503
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $2214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Utilities $5148
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Lab Costs $4415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Repairs $2687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Maintenance $1761
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Permits $1532
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Supplies $1073
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Replacement Costs $530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bank Charges $18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11rounding $-1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Machinery and Equipment - Beginning $8758 Machinery and Equipment - Ending $6607
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Reserves - Beginning $45000 Reserves - Ending $45000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kenneth Alberti
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Magic Wastewater Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0030334263
ReturnHeader/Filer/PhoneNum08028245908
ReturnHeader/Filer/USAddress/AddressLine1Txt0289 Magic Mountain Road
ReturnHeader/Filer/USAddress/CityNm0Londonderry
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005148
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472528349
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Joseph A Wagner CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0844 East Manchester Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Manchester Center
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005255
ReturnHeader/PreparerPersonGrp/PhoneNum08023629086
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph A Wagner
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-01-15T09:52:33-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-11-01
ReturnHeader/TaxPeriodEndDt02020-10-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,005
Liabilities
$45,000
Net assets
$46,005
Revenue
$43,167
Expenses
$46,345
Net income
-$3,178
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.72$0.45$0.27$0.53$0.58$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.77$0.45$0.32$0.46$0.43$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.74$0.45$0.29$0.47$0.64$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.45$0.46$0.61$0.60$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.45$0.44$0.44$0.46$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.91$0.45$0.46$0.43$0.46$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.45$0.49$0.36$0.38$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.45$0.50$0.44$0.44$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.96$0.45$0.51$0.50$0.54$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.45$0.55$0.42$0.52$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.45$0.64$0.36$0.48$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.45$0.77$0.33$0.36$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.45$0.79$0.35$0.38$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.45$0.82$0.36$0.35$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.45$0.81$0.39$0.30$0.09