Civic Intelligence

Magic Wastewater Association Inc

990EZ • Fiscal year 2024 • EIN 03-0334263

Nov 01, 2023 to Oct 31, 2024 • Filed on Feb 12, 2025

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

0.59x

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

2024 filings • 501(c)12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.99x

Higher debt load relative to revenue than 87% of similar nonprofits.

2024 filings • 501(c)12 • <$500k nonprofits • Source year 2024

Net Margin

51st percentile

6.2%

Higher net margin than 51% of similar nonprofits.

2024 filings • 501(c)12 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2024 filings • 501(c)12 • <$500k nonprofits • Source year 2024

Asset Growth

59th percentile

3.8%

Faster asset growth than 59% of similar nonprofits.

2024 filings • 501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-3.9%

Faster revenue growth than 28% of similar nonprofits.

2024 filings • 501(c)12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$76,607

Up $2,826 (+3.8%) from 2023

Net Assets

Up

$31,607

Up $2,826 (+9.8%) from 2023

Liabilities

Flat

$45,000

Flat from 2023

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin51st percentile

Revenue

Down

$45,502

Down $1,842 (-3.9%) from 2023

Expenses

Down

$42,676

Down $21,581 (-34%) from 2023

Net Income

Up

$2,826

Up $19,739 (+117%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth59th 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

2024

Assets$76,607
Liabilities$45,000
Net Assets$31,607
Open 2024 Filing

Operations Trend

Revenue Growth28th 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

2024

Revenue$45,502
Expenses$42,676
Net Income$2,826
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Feb 12, 2025
Return Version
2023v6.0
Gross Receipts
$45,502
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 Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim WakerPresidentPT$0--
Geoff HathewayVice President-$0--
Lisa SicotteSectry/Treas-$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
Tim Waker
Title
President
Signed
2025-02-12
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 $1200”

Other Expenses.1009

“Depreciation $655”

Other Expenses.1012

“Insurance $1222”

Other Expenses.1

“Utilities $7450”

Other Expenses.2

“Lab Costs $4815”

Other Expenses.3

“Maintenance $4143”

Other Expenses.4

“Supplies $2366”

Other Expenses.5

“Permits $1552”

Other Expenses.7

“Equipment Replacement $96”

Other Expenses.8

“rounding $2”

Other Assets.1003

“Machinery and Equipment - Beginning $2937 Machinery and Equipment - Ending $2345”

Total Liabilities.1

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

Raw XML Appendix130 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/BOYAmt069244
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt072725
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02826
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt018612
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt073781
IRS990EZ/Form990TotalAssetsGrp/EOYAmt076607
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt045502
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0114
IRS990EZ/LandAndBuildingsGrp/BOYAmt01600
IRS990EZ/LandAndBuildingsGrp/EOYAmt01537
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt045388
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt028781
IRS990EZ/NetAssetsOrFundBalancesEOYAmt031607
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt028781
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt031607
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tim Waker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Geoff Hatheway
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lisa Sicotte
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Sectry/Treas
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02937
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02345
IRS990EZ/OtherExpensesTotalAmt023501
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/PrintingPublicationsPostageAmt0563
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/TotalExpensesAmt042676
IRS990EZ/TotalRevenueAmt045502
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Utilities $7450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Lab Costs $4815
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Maintenance $4143
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Supplies $2366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Permits $1552
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Equipment Replacement $96
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9rounding $2
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Machinery and Equipment - Beginning $2937 Machinery and Equipment - Ending $2345
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Reserves - 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.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tim Waker
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-12
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/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02025-02-12T10:29:44-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,607
Liabilities
$45,000
Net assets
$31,607
Revenue
$45,502
Expenses
$42,676
Net income
$2,826
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