Civic Intelligence

Magi-Fund Inc.

990 • Fiscal year 2024 • EIN 52-1903823

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 05, 2025

Organization Profile
1210 Orchard CircleSalisbury, MD 21803

(410) 749-1633

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

40th percentile

0.5%

Higher net margin than 40% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

56th percentile

6.6%

Faster asset growth than 56% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-0.8%

Faster revenue growth than 36% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$844,789

Up $52,581 (+6.6%) from 2023

Net Assets

Up

$844,789

Up $52,581 (+6.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin40th percentile

Revenue

Down

$103,311

Down $791 (-0.8%) from 2023

Expenses

Down

$102,810

Down $4,257 (-4.0%) from 2023

Net Income

Up

$501

Up $3,466 (+117%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$1.0M$500K$0Assets 2011: $429,451Liabilities 2011: $02011Assets 2012: $478,520Net Assets 2012: $478,5202012Assets 2013: $552,801Liabilities 2013: $0Net Assets 2013: $552,8012013Assets 2014: $564,330Liabilities 2014: $0Net Assets 2014: $564,3302014Assets 2015: $525,921Liabilities 2015: $0Net Assets 2015: $525,9212015Assets 2016: $570,622Liabilities 2016: $0Net Assets 2016: $570,6222016Assets 2017: $645,026Liabilities 2017: $0Net Assets 2017: $645,0262017Assets 2018: $575,314Liabilities 2018: $0Net Assets 2018: $575,3142018Assets 2019: $669,957Liabilities 2019: $0Net Assets 2019: $669,9572019Assets 2020: $713,795Liabilities 2020: $0Net Assets 2020: $713,7952020Assets 2021: $844,390Liabilities 2021: $0Net Assets 2021: $844,3902021Assets 2022: $710,340Liabilities 2022: $0Net Assets 2022: $710,3402022Assets 2023: $792,208Liabilities 2023: $0Net Assets 2023: $792,2082023Assets 2024: $844,789Liabilities 2024: $0Net Assets 2024: $844,7892024

Highlighted filing

2024

Assets$844,789
Liabilities$0
Net Assets$844,789
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $117,875Expenses 2011: $109,723Net Income 2011: $8,1522011Revenue 2012: $96,969Expenses 2012: $104,543Net Income 2012: -$7,5742012Revenue 2013: $90,047Expenses 2013: $106,878Net Income 2013: -$16,8312013Revenue 2014: $94,059Expenses 2014: $104,433Net Income 2014: -$10,3742014Revenue 2015: $101,452Expenses 2015: $119,940Net Income 2015: -$18,4882015Revenue 2016: $157,863Expenses 2016: $113,163Net Income 2016: $44,7002016Revenue 2017: $102,847Expenses 2017: $86,224Net Income 2017: $16,6232017Revenue 2018: $147,427Expenses 2018: $150,675Net Income 2018: -$3,2482018Revenue 2019: $84,796Expenses 2019: $85,023Net Income 2019: -$2272019Revenue 2020: $75,359Expenses 2020: $71,043Net Income 2020: $4,3162020Revenue 2021: $135,622Expenses 2021: $133,373Net Income 2021: $2,2492021Revenue 2022: $106,744Expenses 2022: $114,491Net Income 2022: -$7,7472022Revenue 2023: $104,102Expenses 2023: $107,067Net Income 2023: -$2,9652023Revenue 2024: $103,311Expenses 2024: $102,810Net Income 2024: $5012024

Highlighted filing

2024

Revenue$103,311
Expenses$102,810
Net Income$501
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 5, 2025
Return Version
2024v5.0
Gross Receipts
$103,311
Mission and Program Overview

Mission

NON-PROFIT FUNDRAISING

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$785,328$837,409▲ $52,081
Cash and Non-Interest-Bearing Accounts$6,135$6,612▲ $477
Savings and Temporary Cash Investments$745$768▲ $23
Total Assets$792,208$844,789▲ $52,581
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$785,329$837,409▲ $52,080
Net Assets Without Donor Restrictions$6,879$7,380▲ $501
Total Net Assets Fund Balance$792,208$844,789▲ $52,581
Total Liabilities and Net Assets / Fund Balance$792,208$844,789▲ $52,581
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Bonnie Nelson LunaChairwoman
Brenda AllenTrustee
Cynthia WilliamsTrustee
Jackie CassidyTrustee
Kathy AlessiTrustee
Peggy PalmerTrustee
Robin CockeySecretary
Marty NeatTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$67,524
Program Service Revenue
$35,767
Investment Income
$20
Other Revenue
$0
All Other Contributions
$67,524
Change in Net Assets
$501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$88,500
Other Expenses$14,310
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$88,500--$88,500
Other Expenses$1,077--$1,077
Total Functional Expenses$102,810$0$0$102,810
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Christian ShelterSalisbury, MD501c3To Fund Nonprofit$37,500
Joseph House CenterSalisbury, MD501c3To Fund Nonprofit$37,500
Community Foundatio of the EasternSalisbury, MD501c3To Fund Nonprofit$13,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Magi Fund Inc
EIN
52-1903823
Phone
4107491633
Address
1210 ORCHARD CIRCLE, SALISBURY, MD 21803

Signing Officer

Name
Bonnie Nelson Luna
Title
Chairwoman
Phone
4107491633
Signed
2025-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bonnie Nelson Luna
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Compass US Accountants & Advisors (sal)
Address
1405 WESLEY DR, SALISBURY, MD 21801
Preparer
Robert L Stephens CPA
Phone
4107491919
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To raise funds to support other charities”

Form 990, Part XI, Line 9

“Rounding 0 decrease in value of investments 0”

Raw XML Appendix337 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0NON-PROFIT FUNDRAISING
IRS990/AllOtherContributionsAmt067524
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0BONNIE LUNA
IRS990/BooksInCareOfDetail/PhoneNum04107491633
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01210 ORCHARD CIRCLE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALISBURY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021801
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt06135
IRS990/CashNonInterestBearingGrp/EOYAmt06612
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt067524
IRS990/CYGrantsAndSimilarPaidAmt088500
IRS990/CYInvestmentIncomeAmt020
IRS990/CYOtherExpensesAmt014310
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt035767
IRS990/CYRevenuesLessExpensesAmt0501
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0102810
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0103311
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO RAISE FUNDS TO SUPPORT OTHER CHARITIES
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0785329
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0837409
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0102810
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0KATHY ALESSI
IRS990/Form990PartVIISectionAGrp/PersonNm1BRENDA ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm2JACKIE CASSIDY
IRS990/Form990PartVIISectionAGrp/PersonNm3PEGGY PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm4CYNTHIA WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBIN COCKEY
IRS990/Form990PartVIISectionAGrp/PersonNm6BONNIE NELSON LUNA
IRS990/Form990PartVIISectionAGrp/PersonNm7MARTY NEAT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRWOMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt088500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt088500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt088500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0103311
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt020
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0785328
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0837409
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NON-PROFIT FUNDRAISING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0792208
IRS990/NetAssetsOrFundBalancesEOYAmt0844789
IRS990/NetUnrlzdGainsLossesInvstAmt052080
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06879
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07380
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CONCERT
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE
IRS990/OtherExpensesGrp/ProgramServicesAmt013233
IRS990/OtherExpensesGrp/ProgramServicesAmt11077
IRS990/OtherExpensesGrp/TotalAmt013233
IRS990/OtherExpensesGrp/TotalAmt11077
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BONNIE NELSON LUNA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIP INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035767
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035767
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO RAISE FUNDS TO SUPPORT OTHER CHARITIES
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt064660
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt090206
IRS990/PYInvestmentIncomeAmt033
IRS990/PYOtherExpensesAmt016861
IRS990/PYProgramServiceRevenueAmt039409
IRS990/PYRevenuesLessExpensesAmt0-2965
IRS990/PYTotalExpensesAmt0107067
IRS990/PYTotalRevenueAmt0104102
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0501
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0745
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt067524
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt064660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt074530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt087608
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt062157
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0356479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035787
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt039442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt032190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt047972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt013173
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0168564
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0525043
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0103311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0104102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0106720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0135580
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt075330
IRS990ScheduleA/Total509Grp/TotalAmt0525043
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0103311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0104102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0106720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0135580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt075330
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0525043
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt037500
IRS990ScheduleI/RecipientTable/CashGrantAmt137500
IRS990ScheduleI/RecipientTable/CashGrantAmt213500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO FUND NONPROFIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO FUND NONPROFIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO FUND NONPROFIT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0JOSEPH HOUSE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CHRISTIAN SHELTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COMMUNITY FOUNDATIO OF THE EASTERN
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0812 BOUNDRY ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11501 EDGEMORE AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21324 BELMONT AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SALISBURY
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SALISBURY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SALISBURY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd021801
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd121804
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd221804
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO RAISE FUNDS TO SUPPORT OTHER CHARITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING 0 DECREASE IN VALUE OF INVESTMENTS 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0792208
IRS990/TotalAssetsEOYAmt0844789
IRS990/TotalAssetsGrp/BOYAmt0792208
IRS990/TotalAssetsGrp/EOYAmt0844789
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt067524
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0102810
IRS990/TotalFunctionalExpensesGrp/TotalAmt0102810
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0792208
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0844789
IRS990/TotalProgramServiceExpensesAmt0102810
IRS990/TotalProgramServiceRevenueAmt035767
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt035787
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0103311
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0792208
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0844789
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01210 ORCHARD CIRCLE
IRS990/USAddress/CityNm0SALISBURY
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021801
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BONNIE NELSON LUNA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRWOMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum04107491633
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGI FUND INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BONNIE LUNA
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0521903823
ReturnHeader/Filer/PhoneNum04107491633
ReturnHeader/Filer/USAddress/AddressLine1Txt01210 ORCHARD CIRCLE
ReturnHeader/Filer/USAddress/CityNm0SALISBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021803
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814693463
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COMPASS US ACCOUNTANTS & ADVISORS (SAL)
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01405 WESLEY DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALISBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021801
ReturnHeader/PreparerPersonGrp/PhoneNum04107491919
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT L STEPHENS CPA
ReturnHeader/ReturnTs02025-03-21T12:12:55-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$844,789
Liabilities
$0
Net assets
$844,789
Revenue
$103,311
Expenses
$102,810
Net income
$501
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.45$0.00$8.45$1.03$1.03$0.01
2023Summary only. Only limited summary data is available for this year.$7.92$0.00$7.92$1.04$1.07$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.10$0.00$7.10$1.07$1.14$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.44$0.00$8.44$1.36$1.33$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.14$0.00$7.14$0.75$0.71$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.70$0.00$6.70$0.85$0.85$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.75$0.00$5.75$1.47$1.51$0.03
2017Summary only. Only limited summary data is available for this year.$6.45$0.00$6.45$1.03$0.86$0.17
2016Summary only. Only limited summary data is available for this year.$5.71$0.00$5.71$1.58$1.13$0.45
2015Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$1.01$1.20$0.18
2014Detailed filing. Detailed filing data is available for this year.$5.64$0.00$5.64$0.94$1.04$0.10
2013Detailed filing. Detailed filing data is available for this year.$5.53$0.00$5.53$0.90$1.07$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.79$4.79$0.97$1.05$0.08
2011Summary only. Only limited summary data is available for this year.$4.29$0.00$1.18$1.10$0.08