Civic Intelligence

Magic Foundation

990 • Fiscal year 2018 • EIN 36-3673333

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 04, 2019

Organization Profilewww.magicfoundation.org
4200 Cantera DriveWarrenville, IL 60555

(630) 836-8200

Siviq Scores

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

Liabilities / Assets

36th percentile

0.03x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

42nd percentile

0.06x

Higher debt load relative to revenue than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$123,289

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

73rd percentile

11%

Faster asset growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$2,474,330

Up $239,286 (+11%) from 2017

Net Assets

Up

$2,398,320

Up $211,982 (+9.7%) from 2017

Liabilities

Up

$76,010

Up $27,304 (+56%) from 2017

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin76th percentile

Revenue

Up

$1,196,726

Up $140,966 (+13%) from 2017

Expenses

Down

$978,108

Down $1,796 (-0.2%) from 2017

Net Income

Up

$218,618

Up $142,762 (+188%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2016: $2,167,805Liabilities 2016: $50,251Net Assets 2016: $2,117,5542016Assets 2017: $2,235,044Liabilities 2017: $48,706Net Assets 2017: $2,186,3382017Assets 2018: $2,474,330Liabilities 2018: $76,010Net Assets 2018: $2,398,3202018Assets 2019: $2,393,545Liabilities 2019: $87,324Net Assets 2019: $2,306,2212019Assets 2020: $2,355,155Liabilities 2020: $138,360Net Assets 2020: $2,216,7952020Assets 2021: $2,737,360Liabilities 2021: $26,173Net Assets 2021: $2,711,1872021Assets 2022: $2,697,351Liabilities 2022: $32,856Net Assets 2022: $2,664,4952022Assets 2023: $2,758,895Liabilities 2023: $27,791Net Assets 2023: $2,731,1042023Assets 2024: $2,754,837Liabilities 2024: $29,318Net Assets 2024: $2,725,5192024

Highlighted filing

2018

Assets$2,474,330
Liabilities$76,010
Net Assets$2,398,320
Open 2018 Filing

Operations Trend

Revenue Growth68th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $895,657Expenses 2016: $1,015,821Net Income 2016: -$120,1642016Revenue 2017: $1,055,760Expenses 2017: $979,904Net Income 2017: $75,8562017Revenue 2018: $1,196,726Expenses 2018: $978,108Net Income 2018: $218,6182018Revenue 2019: $904,110Expenses 2019: $1,007,797Net Income 2019: -$103,6872019Revenue 2020: $918,619Expenses 2020: $1,030,578Net Income 2020: -$111,9592020Revenue 2021: $1,415,154Expenses 2021: $935,413Net Income 2021: $479,7412021Revenue 2022: $976,579Expenses 2022: $976,446Net Income 2022: $1332022Revenue 2023: $1,244,747Expenses 2023: $1,219,257Net Income 2023: $25,4902023Revenue 2024: $1,271,278Expenses 2024: $1,301,514Net Income 2024: -$30,2362024

Highlighted filing

2018

Revenue$1,196,726
Expenses$978,108
Net Income$218,618
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 4, 2019
Return Version
2018v3.1
Gross Receipts
$1,434,214
Mission and Program Overview

Mission

The Magic Foundation provides support services to families of children afflicted with a wide variety of disorders, syndromes and diseases that affect a childs growth. The Organization's commitment and vision is to reduce emotional and physical trauma caused by growth disorders, resulting in happier, healthier children and consequently, adults.

To help children and their families whose physical growth is affected by medical problems

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,656,418$1,482,700▼ $173,718
Cash and Non-Interest-Bearing Accounts$403,181$750,734▲ $347,553
Savings and Temporary Cash Investments$57,743$142,543▲ $84,800
Receivables From Officers Etc$101,702$98,353▼ $3,349
Accounts Receivable$16,000--
Total Assets$2,235,044$2,474,330▲ $239,286
Liabilities
Accounts Payable and Accrued Expenses$48,706$42,733▼ $5,973
Mortgage Notes Payable Secured by Investment Property-$33,277-
Total Liabilities$48,706$76,010▲ $27,304
Net Assets / Fund Balance
Unrestricted Net Assets$2,186,338$2,398,320▲ $211,982
Total Net Assets Fund Balance$2,186,338$2,398,320▲ $211,982
Total Liabilities and Net Assets / Fund Balance$2,235,044$2,474,330▲ $239,286

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,078,667$312,893$1,391,560
Equipment$125,958$173,638$299,596
Land$278,075-$278,075
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary AndrewsCEO and Co-FounderFT$113,622$9,667$123,289
Diane KremidasExecutive DirectorFT$94,685-$94,685
Jamie HarveyCo-Founder/Director Tech EdFT$66,950-$66,950
Teresa TuckerCo-FounderFT$45,423-$45,423

Board Members and Trustees

NameTitle
Rich BuckleyChairman
Ken DickardVice-Chairman
Courtney Lance-MorakalisDirector
James AndrewsDirector
Judy LucasDirector
Martin NyeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,069,701
Program Service Revenue
$0
Investment Income
$125,326
Other Revenue
$1,699
All Other Contributions
$1,049,678
Change in Net Assets
$218,618

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,196,726
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$27,778
Total Revenue per Audited Statements
$1,224,504
Total Revenue per Form 990
$1,196,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$502,467
Salaries, Compensation, and Employee Benefits$475,641
Total Fundraising Expense$63,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$264,424$33,671$32,252$330,347
Conferences and Meetings$131,050--$131,050
Other Salaries and Wages$88,636$12,843$1,834$103,313
Office Expenses$41,004$25,096$3,883$69,983
Fees for Services Other$66,518--$66,518
Advertising$18,772-$18,772$37,544
Depreciation Depletion-$36,190-$36,190
Payroll Taxes$26,671$3,622$2,634$32,927
Travel$25,308$3,340$2,397$31,045
Occupancy$7,447$18,150$705$26,302
Fees for Services Accounting-$15,500-$15,500
Other Employee Benefits$8,012$1,042-$9,054
Other Expenses$2,560$33,148$954$2,560
Insurance$1,973$260$187$2,420
Interest-$1,566-$1,566
Total Functional Expenses$730,062$184,428$63,618$978,108

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,012,521
Expenses per Audited Statements$978,108
Total Expenses per Form 990$978,108
Expenses Not Reported on Form 990$34,413
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$37,614

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumInternational Coalition of Organizations Supporting Endocrine Patientspatient support00$37,614
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,712
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$101,702$98,353▼ $3,349
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Mary Andrews, CEO, Dianne Kremidas, Executive Director and James Andrews, board member, share a family relationship.”

Form 990, Part VI, Section B, line 11B

“The Form 990 is made available to the Board of Directors prior to filing.”

Form 990, Part VI, Section B, line 15

“Compensation of all employees is discussed and approved by the Board of Directors.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy and financial statements are available upon request. Financial statements also available on the Illinois Attorney General's website.”

Filing and Contact Details

Filer

Filer Name
Magic Foundation
EIN
36-3673333
Phone
6308368200
Address
4200 Cantera Drive, Warrenville, IL 60555

Signing Officer

Name
Mary Andrews
Title
President
Phone
6308368200
Signed
2019-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Andrews
Formed
1989
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
6
Employees
7
Volunteers
34

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
Paul Betlinski
Phone
7737794720
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Fin 48 Note from Audited Financial Statements The Foundation was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Foundation and the nature in which it operates is described above. Management believes the Foundation continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Foundation's Form 990, Return of Organization Exempt from Income Tax, is subject to examination by the IRS, generally for three years after it has been filed. The Foundation has adopted the requirements for accounting for uncertain tax positions and management has determined that the Foundation was not required to record a liability related to uncertain tax positions as of December 31, 2018.”

Part XI, Line 2D - Other Adjustments:

“Rental property expense 34,413.”

Part XII, Line 2D - Other Adjustments:

“Rental property expense 34,413.”

Raw XML AppendixShowing 400 of 484 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt048706
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt042733
IRS990/AccountsReceivableGrp/BOYAmt016000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To help children and their families whose physical growth is affected by medical problems
IRS990/AdvertisingGrp/FundraisingAmt018772
IRS990/AdvertisingGrp/ProgramServicesAmt018772
IRS990/AdvertisingGrp/TotalAmt037544
IRS990/AllOtherContributionsAmt01049678
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Dianne Kremidas and John Quinn
IRS990/BooksInCareOfDetail/PhoneNum06308368200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04200 Cantera Drive Suite 106
IRS990/BooksInCareOfDetail/USAddress/CityNm0Warrenville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060555
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0403181
IRS990/CashNonInterestBearingGrp/EOYAmt0750734
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt032252
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt033671
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0264424
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0330347
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0131050
IRS990/ConferencesMeetingsGrp/TotalAmt0131050
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01069701
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0125326
IRS990/CYOtherExpensesAmt0502467
IRS990/CYOtherRevenueAmt01699
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0218618
IRS990/CYSalariesCompEmpBnftPaidAmt0475641
IRS990/CYTotalExpensesAmt0978108
IRS990/CYTotalFundraisingExpenseAmt063618
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01196726
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt036190
IRS990/DepreciationDepletionGrp/TotalAmt036190
IRS990/Desc0The Organizaiton provides specific assistance to families of children with growth disorders. Magic Foundation provides information and education materials on growth disorders through a newsletter and website. An annual convention is held to provide further assistance and education. Magic Foundation also participates in International Coalition of Organizations Supporting Endocrine Patients, which is a federation of patient advocate associations representing more than 35 countries, medical societies and child advocate supporters.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0730062
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015500
IRS990/FeesForServicesAccountingGrp/TotalAmt015500
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt066518
IRS990/FeesForServicesOtherGrp/TotalAmt066518
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt39667
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0Rich Buckley
IRS990/Form990PartVIISectionAGrp/PersonNm1Ken Dickard
IRS990/Form990PartVIISectionAGrp/PersonNm2Martin Nye
IRS990/Form990PartVIISectionAGrp/PersonNm3Mary Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm4Jamie Harvey
IRS990/Form990PartVIISectionAGrp/PersonNm5Teresa Tucker
IRS990/Form990PartVIISectionAGrp/PersonNm6James Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm7Judy Lucas
IRS990/Form990PartVIISectionAGrp/PersonNm8Courtney Lance-Morakalis
IRS990/Form990PartVIISectionAGrp/PersonNm9Diane Kremidas
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3113622
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt466950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt545423
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt994685
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO and Co-Founder
IRS990/Form990PartVIISectionAGrp/TitleTxt4Co-Founder/Dir Tech Ed
IRS990/Form990PartVIISectionAGrp/TitleTxt5Co-Founder
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt09712
IRS990/GainOrLossGrp/OtherAmt0117925
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0321000
IRS990/GrossReceiptsAmt01434214
IRS990/GrossRentsGrp/RealAmt026400
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0187
IRS990/InsuranceGrp/ManagementAndGeneralAmt0260
IRS990/InsuranceGrp/ProgramServicesAmt01973
IRS990/InsuranceGrp/TotalAmt02420
IRS990/InterestGrp/ManagementAndGeneralAmt01566
IRS990/InterestGrp/TotalAmt01566
IRS990/InvestmentIncomeGrp/ExclusionAmt07401
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07401
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0486531
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01656418
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01482700
IRS990/LandBldgEquipCostOrOtherBssAmt01969231
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0203075
IRS990/LessRentalExpensesGrp/RealAmt034413
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt020023
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Magic Foundation provides support services to families of children afflicted with a wide variety of disorders, syndromes and diseases that affect a childs growth. The Organization's commitment and vision is to reduce emotional and physical trauma caused by growth disorders, resulting in happier, healthier children and consequently, adults.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt033277
IRS990/NetAssetsOrFundBalancesBOYAmt02186338
IRS990/NetAssetsOrFundBalancesEOYAmt02398320
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0117925
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0117925
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09712
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt09712
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-8013
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-8013
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-6635
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0705
IRS990/OccupancyGrp/ManagementAndGeneralAmt018150
IRS990/OccupancyGrp/ProgramServicesAmt07447
IRS990/OccupancyGrp/TotalAmt026302
IRS990/OfficeExpensesGrp/FundraisingAmt03883
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025096
IRS990/OfficeExpensesGrp/ProgramServicesAmt041004
IRS990/OfficeExpensesGrp/TotalAmt069983
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01042
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08012
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09054
IRS990/OtherExpensesGrp/Desc0Repairs & maintenance
IRS990/OtherExpensesGrp/Desc1International ICOSEP
IRS990/OtherExpensesGrp/Desc2Division
IRS990/OtherExpensesGrp/FundraisingAmt0954
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033148
IRS990/OtherExpensesGrp/ProgramServicesAmt010073
IRS990/OtherExpensesGrp/ProgramServicesAmt137614
IRS990/OtherExpensesGrp/ProgramServicesAmt22560
IRS990/OtherExpensesGrp/TotalAmt044175
IRS990/OtherExpensesGrp/TotalAmt137614
IRS990/OtherExpensesGrp/TotalAmt22560
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01834
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012843
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt088636
IRS990/OtherSalariesAndWagesGrp/TotalAmt0103313
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02634
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03622
IRS990/PayrollTaxesGrp/ProgramServicesAmt026671
IRS990/PayrollTaxesGrp/TotalAmt032927
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Mary Andrews
IRS990/PriorPeriodAdjustmentsAmt0-1
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01031282
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042770
IRS990/PYOtherExpensesAmt0495921
IRS990/PYOtherRevenueAmt0-18292
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt075856
IRS990/PYSalariesCompEmpBnftPaidAmt0483983
IRS990/PYTotalExpensesAmt0979904
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01055760
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0101702
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt098353
IRS990/ReconcilationRevenueExpnssAmt0218618
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-8013
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt057743
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0142543
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01069701
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01031282
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0885569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0649680
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0702317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04338549
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033801
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036727
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023958
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025914
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt064381
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0184781
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037574
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt028086
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt020226
IRS990ScheduleA/OtherIncome170Grp/TotalAmt048312
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43720
IRS990ScheduleA/PublicSupportPY170Pct00.39500
IRS990ScheduleA/PublicSupportTotal170Amt01998512
IRS990ScheduleA/SubstantialContributorsTotAmt02340037
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01069701
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01031282
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0885569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0649680
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0702317
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04338549
IRS990ScheduleA/TotalSupportAmt04571642
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01078667
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0312893
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01391560
IRS990ScheduleD/EquipmentGrp/BookValueAmt0125958
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0173638
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0299596
IRS990ScheduleD/ExpensesNotReportedAmt034413
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0978108
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0278075
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0278075
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-6635
IRS990ScheduleD/OtherExpensesIncludedAmt034413
IRS990ScheduleD/OtherRevenueAmt034413
IRS990ScheduleD/RevenueNotReportedAmt027778
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01196726
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fin 48 Note from Audited Financial Statements The Foundation was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Foundation and the nature in which it operates is described above. Management believes the Foundation continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Foundation's Form 990, Return of Organization Exempt from Income Tax, is subject to examination by the IRS, generally for three years after it has been filed. The Foundation has adopted the requirements for accounting for uncertain tax positions and management has determined that the Foundation was not required to record a liability related to uncertain tax positions as of December 31, 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental property expense 34,413.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental property expense 34,413.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01482700
IRS990ScheduleD/TotalExpensesPerForm990Amt0978108
IRS990ScheduleD/TotalRevenuePerForm990Amt01196726
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01224504
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01012521
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt037614
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0patient support
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0International Coalition of Organizations Supporting Endocrine Patients
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt037614
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt037614
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt098353
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Business loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0James Andrews
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0board member
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt098353
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Mary Andrews, CEO, Dianne Kremidas, Executive Director and James Andrews, board member, share a family relationship.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is made available to the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation of all employees is discussed and approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, conflict of interest policy and financial statements are available upon request. Financial statements also available on the Illinois Attorney General's website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,474,330
Liabilities
$76,010
Net assets
$2,398,320
Revenue
$1,196,726
Expenses
$978,108
Net income
$218,618
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.75$0.03$2.73$1.27$1.30$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.76$0.03$2.73$1.24$1.22$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.70$0.03$2.66$0.98$0.98$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.74$0.03$2.71$1.42$0.94$0.48
2020Detailed filing. Detailed filing data is available for this year.$2.36$0.14$2.22$0.92$1.03$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.39$0.09$2.31$0.90$1.01$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.08$2.40$1.20$0.98$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.24$0.05$2.19$1.06$0.98$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.17$0.05$2.12$0.90$1.02$0.12
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits