Civic Intelligence

Magfest Inc.

990 • Fiscal year 2021 • EIN 46-1086258

Feb 29, 2020 to Feb 28, 2021 • Filed on Jan 27, 2022

PO Box 4705Baltimore, MD 21211

(877) 624-3378

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

6th percentile

-128%

Higher net margin than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

95th percentile

$64,297

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

7th percentile

-58%

Faster asset growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-83%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$371,159

Down $504,776 (-58%) from 2020

Net Assets

Down

$365,375

Down $502,686 (-58%) from 2020

Liabilities

Down

$5,784

Down $2,090 (-27%) from 2020

Revenue

Down

$393,233

Down $1,893,796 (-83%) from 2020

Expenses

Down

$895,919

Down $1,223,856 (-58%) from 2020

Net Income

Down

-$502,686

Down $669,940 (-401%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $689,038Liabilities 2015: $210,348Net Assets 2015: $478,6902015Assets 2016: $830,065Liabilities 2016: $8,768Net Assets 2016: $821,2972016Assets 2017: $661,616Liabilities 2017: $7,228Net Assets 2017: $654,3882017Assets 2018: $746,025Liabilities 2018: $35,016Net Assets 2018: $711,0092018Assets 2019: $703,021Liabilities 2019: $2,214Net Assets 2019: $700,8072019Assets 2020: $875,935Liabilities 2020: $7,874Net Assets 2020: $868,0612020Assets 2021: $371,159Liabilities 2021: $5,784Net Assets 2021: $365,3752021Assets 2022: $1,861,525Liabilities 2022: $655Net Assets 2022: $1,860,8702022Assets 2024: $2,999,487Liabilities 2024: $1,350Net Assets 2024: $2,998,1372024

Highlighted filing

2021

Assets$371,159
Liabilities$5,784
Net Assets$365,375

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $1,088,861Expenses 2015: $793,038Net Income 2015: $295,8232015Revenue 2016: $1,364,312Expenses 2016: $1,022,474Net Income 2016: $341,8382016Revenue 2017: $1,424,210Expenses 2017: $1,564,508Net Income 2017: -$140,2982017Revenue 2018: $1,799,350Expenses 2018: $1,742,729Net Income 2018: $56,6212018Revenue 2019: $1,695,070Expenses 2019: $1,736,868Net Income 2019: -$41,7982019Revenue 2020: $2,287,029Expenses 2020: $2,119,775Net Income 2020: $167,2542020Revenue 2021: $393,233Expenses 2021: $895,919Net Income 2021: -$502,6862021Revenue 2022: $133,153Expenses 2022: $347,684Net Income 2022: -$214,5312022Revenue 2024: $3,068,619Expenses 2024: $2,601,648Net Income 2024: $466,9712024

Highlighted filing

2021

Revenue$393,233
Expenses$895,919
Net Income-$502,686
Jump To
Filing Snapshot
Filing Period
Feb 29, 2020 to Feb 28, 2021
Signed
Jan 27, 2022
Return Version
2020v4.1
Gross Receipts
$397,596
Mission and Program Overview

Mission

To educate the public about video game music, art, and history;To promote public appreciation of video game music, art, and histor TO UNDERTAKE OTHER CHARTABLE PROJECTS,PROGRAMS AND ACTIVITIES NOT INCONSISTENT WITH SECTION 501(C)(3) OF THE IRSCODE AND APPLICALBLE STATE LAW.

To educate the public about video game music, art, and history; to promote public appreciation of video game music, art, and history to undertake other charitable projects, programs, and activities not inconsistent with section 501(c)(3) of the irs code and applicable state law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$868,061$365,375▼ $502,686
Cash and Non-Interest-Bearing Accounts$856,062$357,601▼ $498,461
Land, Buildings, and Equipment, Net$13,178$6,863▼ $6,315
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$875,935$371,159▼ $504,776
Other Assets Total$6,695$6,695→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,874$5,784▼ $2,090
Total Liabilities$7,874$5,784▼ $2,090
Net Assets / Fund Balance
Total Net Assets Fund Balance$868,061$365,375▼ $502,686
Total Liabilities and Net Assets / Fund Balance$875,935$371,159▼ $504,776

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,863$55,609-
Leasehold Improvements$0$13,801-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debra Rose LenikInterim Executive DirectorFT$64,297$64,297
Paul BirtelExecutive DirectorFT$48,560$48,560

Board Members and Trustees

NameTitle
Carrie SnyderPresident
Jonathan BoydPresident, Former
Dominic CerquettiDirector
Dustin PetersonDirector
Joel AttanasioDirector
Paul GoodDirector
Jason WilliamsSecretary
Bunny SmithSecretary, Former
Cody WilsonTreasurer
Eli CourtwrightTreasurer, Former
Revenue and Support

Revenue Composition

Contributions and Grants
$203,774
Program Service Revenue
$186,593
Investment Income
$79
Other Revenue
$2,787
All Other Contributions
$14,443
Change in Net Assets
$-502,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$495,651
Other Expenses$400,268
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$268,543$21,686-$290,229
Conferences and Meetings$126,905--$126,905
Current Officers, Directors, Trustees, and Key Employees$112,857--$112,857
Occupancy$74,278$26,660-$100,938
Fees for Services Legal-$84,342-$84,342
Other Employee Benefits$55,648$4,492-$60,140
Payroll Taxes$30,002$2,423-$32,425
Fees for Services Other$11,734--$11,734
Insurance-$11,495-$11,495
Fees for Services Accounting-$11,314-$11,314
Depreciation Depletion$1,903$4,412-$6,315
Office Expenses-$5,601-$5,601
Travel$3,918--$3,918
Other Expenses$584$178-$584
Advertising$194--$194
Total Functional Expenses$701,222$194,697$0$895,919
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Self-run Telethon$111,121---
Total Events$111,121---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 B, Line 11B

The executive director and the board will approve the form 990 prepared by an outside accounting firm prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The organization has a conflict of interest policy covering the director, officer and/or individuals in position to influence voting on magfest policies and expenditures. Anytime a vote was called people were asked to disclose any conflict of interest. If there was even appearance of a conflict of interest they were asked by others on the board not to take part in the voting.

Form 990, Part VI, Section B, Line 15

A salary survey was conducted for key employees. No conflict of interest was found as the salary was deemed to be within market rates for the work performed and under fair market value for the employee's potential earning power in the marketplace.

Form 990, Part VI, Section C, Line 19

The executive director and the board will approve the 990 prepared by an outside accounting firm prior to filing with the irs.

Form 990 Governing Body Review (part VI, Line 11)

The executive director and the board will approve the 990 prepared by an outside accounting firm prior to filing with the irs.

Conflict of Interest Policy Compliance (part VI, Line 12C)

The organization has a conflict of interest policy covering director, officer, or individual in a position to influence a vote on magfest policies or expenditures. Anytime a vote was called people were asked to disclose any conflict of interest. If there was even the appearance of a conflict they were asked by other on the board not to take part in the vote.

Executive Director, Top Management Comp (part VI, Line 15A)

Salary survey was conducted for paul and debra, key employees. We find no conflict since his/her salary was deemed to be within market rates for the work performed and under fair market value for his/her potential earning power in the market place.

Governing Documents, Etc, Available to Public (part VI, Line 19)

The organization will make available upon request its financial dcouments and conflict of interest policy as requested within a reasonable period as determined by the board of directors.

Filing and Contact Details

Filer

Filer Name
Magfest Inc
EIN
46-1086258
Phone
8776243378
Address
PO BOX 4705, BALTIMORE, MD 21211

Signing Officer

Name
Debra R Lenik
Title
Interim Executive Director
Phone
8776243378
Signed
2022-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra R Lenik
Formed
2012
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
9
Volunteers
50

Preparer

Firm
Draper & Mcginley Pa
Address
365 W PATRICK ST, FREDERICK, MD 21701
Preparer
David T Mcginley
Phone
3016947411
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IRS990/Desc0THE MUSIC AND GAMING FESTIVAL, IS MAGFEST INC'S FLAGSHIP EVENT, OCCURRING ANNUALLY EACH WINTER. MAGFEST'S LIBRARY OF HISTORIC GAMING CONTENT CONTAINS CONSOLE, ARCADE, AND NON-ELECTRONIC EXHIBITS DATING FROM 1971 TO THE PRESENT. THE MAGFEST EVENT GIVES ITS ATTENDEES THE OPPORTUNITY TO EXPERIENCE GAMING HISTORY. MAGFEST ALSO EXHIBITS VIDEO GAMES CREATED BY INDEPENDENT DEVELOPERS, GIVING THEM A CHANCE TO DEMONSTRATE THEIR WORK AND ACCOMPLISHMENTS. ALSO, MAGFEST FEATURES PERFORMANCES OF MUSIC, EITHER ARRANGED FROM OR INSPIRED, BY THE MUSIC FEATURED IN VIDEO GAMES. THESE PERFORMANCES PRESERVE THE ART-FORM OF VIDEO GAME MUSIC AND PROMOTE THE APPRECIATION OF IT. MAGFEST PROVIDES A ROBUST SCHEDULE OF PROGRAMMING WHICH INCLUDES INDUSTRIAL EDUCATION PRESENTATIONS FOR ATTENDEES. THE MAGFEST EVENT WAS CREATED AS AN ALTERNATIVE TO VIDEO GAME INDUSTRY EXHIBITIONS, AS THESE EXHIBITIONS PRIMARILY EXIST AS A FOR-PROFIT MEANS OF ADVERTISING. MAGFEST'S MAIN PURPOSE IS TO PROVIDE A VENUE IN WHICH ITS ATTENDEES CAN LEARN ABOUT THE HISTORY AND CULTURE OF GAMING.
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IRS990/MissionDesc0TO EDUCATE THE PUBLIC ABOUT VIDEO GAME MUSIC, ART AND HISTORY; TO PROMOTE PUBLIC APPRECIATION OF VIDEO GAME MUSIC, ART, AND HISTORY; TO UNDERTAKE OTHER CHARITABLE PROJECTS, PROGRAMS, AND ACTIVITIES NOT INCONSISTENT WITH SECTION 501(C)(3) OF THE IRS CODE AND STATE LAW.
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IRS990/OfficeExpensesGrp/TotalAmt05601
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06695
IRS990/OtherAssetsTotalGrp/EOYAmt06695
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04492
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt055648
IRS990/OtherEmployeeBenefitsGrp/TotalAmt060140
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1TAXES/LICENSES
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012453
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19641
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2178
IRS990/OtherExpensesGrp/ProgramServicesAmt012453
IRS990/OtherExpensesGrp/ProgramServicesAmt12203
IRS990/OtherExpensesGrp/ProgramServicesAmt2584
IRS990/OtherExpensesGrp/TotalAmt024906
IRS990/OtherExpensesGrp/TotalAmt19641
IRS990/OtherExpensesGrp/TotalAmt22381
IRS990/OtherExpensesGrp/TotalAmt3584
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021686
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0268543
IRS990/OtherSalariesAndWagesGrp/TotalAmt0290229
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02423
IRS990/PayrollTaxesGrp/ProgramServicesAmt030002
IRS990/PayrollTaxesGrp/TotalAmt032425
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DEBRA R LENIK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0HOTEL COMMISSION
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCES MISC INCOM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0184939
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11654
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0184939
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11654
IRS990/ProgSrvcAccomActy2Grp/Desc0MAGFEST, INC HOLDS SMALL EVENTS IN VARIOUS U.S. CITIES TO PROMOTE THE MAGFEST BRAND, AND TO ALSO BRING OUR MISSION CONTENT TO PEOPLE WHO CANNOT NORMALLY TRAVEL TO OUR FLAGSHIP WINTER EVENT. THESE EVENTS USUALLY FEATURE LIVE PERFORMANCES OF MUSIC ARRANGED FROM/INSPIRED BY VIDEO GAMES, AND ALSO PROVIDES CLASSIC HISTORICAL GAMING EXHIBITS FOR PEOPLE TO EXPERIENCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt020992
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05777
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt049024
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt041182
IRS990/PYInvestmentIncomeAmt0140
IRS990/PYOtherExpensesAmt01687355
IRS990/PYOtherRevenueAmt070629
IRS990/PYProgramServiceRevenueAmt02167236
IRS990/PYRevenuesLessExpensesAmt0167254
IRS990/PYSalariesCompEmpBnftPaidAmt0391238
IRS990/PYTotalExpensesAmt02119775
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02287029
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-502686
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0183682
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0868061
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0365375
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0203774
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt049024
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038199
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt031736
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt049398
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0372131
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0140
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0330
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0418
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0503
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01470
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08883
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02167236
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01748170
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01713019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01333763
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06971071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0140
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0330
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01470
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0184939
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0198496
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt074632
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0113595
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0107234
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0678896
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91520
IRS990ScheduleA/PublicSupportPY509Pct00.93850
IRS990ScheduleA/PublicSupportTotal509Amt07343202
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0212657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02216260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01786369
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01744755
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01383161
IRS990ScheduleA/Total509Grp/TotalAmt07343202
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0397675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02414896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01861331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01858768
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01490898
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08023568
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06863
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055609
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt062472
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt013801
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt013801
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06863
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0111121
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0111121
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SELF-RUN TELETHON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0111121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0111121
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR AND THE BOARD WILL APPROVE THE FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY COVERING THE DIRECTOR, OFFICER AND/OR INDIVIDUALS IN POSITION TO INFLUENCE VOTING ON MAGFEST POLICIES AND EXPENDITURES. ANYTIME A VOTE WAS CALLED PEOPLE WERE ASKED TO DISCLOSE ANY CONFLICT OF INTEREST. IF THERE WAS EVEN APPEARANCE OF A CONFLICT OF INTEREST THEY WERE ASKED BY OTHERS ON THE BOARD NOT TO TAKE PART IN THE VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A SALARY SURVEY WAS CONDUCTED FOR KEY EMPLOYEES. NO CONFLICT OF INTEREST WAS FOUND AS THE SALARY WAS DEEMED TO BE WITHIN MARKET RATES FOR THE WORK PERFORMED AND UNDER FAIR MARKET VALUE FOR THE EMPLOYEE'S POTENTIAL EARNING POWER IN THE MARKETPLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR AND THE BOARD WILL APPROVE THE 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR AND THE BOARD WILL APPROVE THE 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY COVERING DIRECTOR, OFFICER, OR INDIVIDUAL IN A POSITION TO INFLUENCE A VOTE ON MAGFEST POLICIES OR EXPENDITURES. ANYTIME A VOTE WAS CALLED PEOPLE WERE ASKED TO DISCLOSE ANY CONFLICT OF INTEREST. IF THERE WAS EVEN THE APPEARANCE OF A CONFLICT THEY WERE ASKED BY OTHER ON THE BOARD NOT TO TAKE PART IN THE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SALARY SURVEY WAS CONDUCTED FOR PAUL AND DEBRA, KEY EMPLOYEES. WE FIND NO CONFLICT SINCE HIS/HER SALARY WAS DEEMED TO BE WITHIN MARKET RATES FOR THE WORK PERFORMED AND UNDER FAIR MARKET VALUE FOR HIS/HER POTENTIAL EARNING POWER IN THE MARKET PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION WILL MAKE AVAILABLE UPON REQUEST ITS FINANCIAL DCOUMENTS AND CONFLICT OF INTEREST POLICY AS REQUESTED WITHIN A REASONABLE PERIOD AS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 GOVERNING BODY REVIEW (PART VI, LINE 11)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5CONFLICT OF INTEREST POLICY COMPLIANCE (PART VI, LINE 12C)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6EXECUTIVE DIRECTOR, TOP MANAGEMENT COMP (PART VI, LINE 15A)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7GOVERNING DOCUMENTS, ETC, AVAILABLE TO PUBLIC (PART VI, LINE 19)
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/StatesWhereCopyOfReturnIsFldCd1VA
IRS990/StatesWhereCopyOfReturnIsFldCd2CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00

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