Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
990EZ • Fiscal year 2023 • EIN 27-2504010
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
76th percentile
Higher net margin than 76% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 21.1% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Assets
Down$13,982
Down $37,227 (-73%) from 2022
Net Assets
Down$68,041
Down $2,467 (-3.5%) from 2022
Liabilities
Down$12,955
Down $13,532 (-51%) from 2022
Revenue
Up$194,131
Up $60,744 (+46%) from 2022
Expenses
Up$150,812
Up $30,736 (+26%) from 2022
Net Income
Up$43,319
Up $30,008 (+225%) from 2022
To promote public awareness of learning disabilities and alternative education methods for children with learning disabilities to improve the overall quality of education for learning disabled students.
Use Magic to Provide alternative Educational Services
| Description | Grants | Expenses |
|---|---|---|
| To Promote public awareness of learning disabilities and alternative education methods for children with learning disabilities to improve the overall quality of education for learning disabled students | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KEVIN SPENCER | President | FT | $41,000 | - | $41,000 |
| CYNTHIA SPENCER | Vice President | PT | $0 | - | - |
| KEITH BARBER | Director | - | $0 | - | - |
“Advertising and promotion $1645.00”
“Other office expenses $302.00”
“Travel $24858.00”
“Conferences, conventions, and meetings $3928.00”
“Interest $4429.00”
“Insurance $1349.00”
“Meals $3774.00”
“Dues $2186.00”
“Bank Fees $1102.00”
“Property Taxes $2872.00”
“Uniforms $1421.00”
“Continuing Education $528.00”
“Professional Services $3518.00”
“Show Expense $5381.00”
“Uganda Project $1873.00”
“Utilities $432.00”
“Warehouse Rent $2277.00”
“Contributions $15918.00”
“Telephone $7459.00”
“Repairs $8935.00”
“Receivables Due Ending: $12123.00”
“Credit Cards Payable Ending: $12955.00”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 1977 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | KEVIN SPENCER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9177440559 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3512 Clover Hill Lane |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Benton |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AR |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 72015 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 27189 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1859 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 1005 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 43319 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1518 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 51209 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 13982 |
| IRS990EZ/GrossReceiptsAmt | 0 | 194131 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 39 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 24722 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 68041 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 24722 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1027 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 8.000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 41000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KEVIN SPENCER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CYNTHIA SPENCER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KEITH BARBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 24020 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12123 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 94187 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Use Magic to Provide alternative Educational Services |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 683 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 193087 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To Promote public awareness of learning disabilities and alternative education methods for children with learning disabilities to improve the overall quality of education for learning disabled students |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 52447 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 26487 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 12955 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 150812 |
| IRS990EZ/TotalRevenueAmt | 0 | 194131 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1005 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9045 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 38179 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 26116 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 74345 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 95343 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 72369 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 51552 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 219264 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 293609 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1005 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 9045 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 95343 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 110548 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 77668 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 293609 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1005 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 9045 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 95343 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 110548 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 77668 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 293609 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and promotion $1645.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Other office expenses $302.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Travel $24858.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Conferences, conventions, and meetings $3928.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Interest $4429.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Insurance $1349.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Meals $3774.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Dues $2186.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Bank Fees $1102.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Property Taxes $2872.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Uniforms $1421.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Continuing Education $528.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Professional Services $3518.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Show Expense $5381.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Uganda Project $1873.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Utilities $432.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Warehouse Rent $2277.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Contributions $15918.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Telephone $7459.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | Repairs $8935.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 20 | Receivables Due Ending: $12123.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 21 | Credit Cards Payable Ending: $12955.00 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Part I Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 20 | Part II Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 21 | Part II Line 26 |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KEVIN SPENCER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9177440559 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-08-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Hocus Focus Inc |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | c/o Kevin W Spencer |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOCU |
| ReturnHeader/Filer/EIN | 0 | 272504010 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Kevin Spencer |
| ReturnHeader/Filer/PhoneNum | 0 | 9177440559 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3512 Clover Hill Lane |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Benton |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 72015 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 452458559 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Penn Tax and Accounting LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 301 Roya Lane suite 2A |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Bryant |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 72022 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5018477533 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-08-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOHN F PENN |
| ReturnHeader/ReturnTs | 0 | 2024-08-07T09:42:02-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.