Civic Intelligence

The Magic Penny Inc

EIN 56-2419098 • 501(c)3 • E Northport, NY

Pub. 78 Eligible990-N CoverageNTEE Q30
24 Eldorado DriveE Northport, NY 11731
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.00x

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

NTEE Q30 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

73rd percentile

0.00x

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

NTEE Q30 • <$500k nonprofits • Source year 2013

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

NTEE Q30 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

No filing with officer or executive compensation is available for this organization yet.

Asset Growth

88th percentile

89%

Faster asset growth than 88% of similar nonprofits.

NTEE Q30 • <$500k nonprofits • Annualized from 2011 to 2013

Revenue Growth

37th percentile

-17%

Faster revenue growth than 37% of similar nonprofits.

NTEE Q30 • <$500k nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$27,856

Up $20,050 (+257%) from 2011

Liabilities

Flat

$0

Flat from 2011

Net Assets

Up

$27,856

Up $20,050 (+257%) from 2011

Operations
Liabilities / Revenue73rd percentileNet Margin83rd percentile

Revenue

Down

$11,699

Down $5,140 (-31%) from 2011

Expenses

Down

$7,680

Down $15,025 (-66%) from 2011

Net Income

Up

$4,019

Up $9,885 (+169%) from 2011

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2011: $7,806Liabilities 2011: $0Net Assets 2011: $7,8062011Assets 2013: $27,856Liabilities 2013: $0Net Assets 2013: $27,8562013

Highlighted filing

2013

Assets$27,856
Liabilities$0
Net Assets$27,856
Open 2013 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2011: $16,839Expenses 2011: $22,705Net Income 2011: -$5,8662011Revenue 2013: $11,699Expenses 2013: $7,680Net Income 2013: $4,0192013

Highlighted filing

2013

Revenue$11,699
Expenses$7,680
Net Income$4,019
Open 2013 Filing

Filings

Most recent year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$27,856
Liabilities
$0
Net assets
$27,856
Revenue
$11,699
Expenses
$7,680
Net income
$4,019
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$0.00$27.9$11.7$7.68$4.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.81$0.00$7.81$16.8$22.7$5.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2012 to Oct 31, 2013
Signed
Mar 8, 2014
Return Version
2012v2.1
Filing and Contact Details

Filer

EIN
56-2419098
Raw XML Appendix150 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.

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IRS990EZ/CashSavingsAndInvestments/EOY027856
IRS990EZ/ContributionsGiftsGrantsEtc011699
IRS990EZ/DidOrgFileForm1120POLThisYear0false
IRS990EZ/DoesOrgHaveHospital0false
IRS990EZ/EngagedInExcessBenefitTrans0false
IRS990EZ/EngageInLobbyingActivities0false
IRS990EZ/EngagePoliticalCmpgnActivities0false
IRS990EZ/ExcessOrDeficitForYear04019
IRS990EZ/FeesAndOthPymtToIndContractors0600
IRS990EZ/FiledScheduleA0true
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IRS990EZ/GrantsAndSimilarAmountsPaid04960
IRS990EZ/GrossReceipts011699
IRS990EZ/GrossReceiptsLessThan250000X
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition22.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition32.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition42.00
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0LUCY SUMNER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1JANE EVANS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2BARBARA DEPIRRO-FISHON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3GARY SCHULZE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4JEREMY GORELICK
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4TREASURER
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
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IRS990EZ/OtherAssetsTotal/BOY00
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IRS990EZ/OtherExpensesTotal02120
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0PLEASE SEE SCHEDULE O
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IRS990EZ/ProhibitedTaxShelterTrans0false
IRS990EZ/RelatedOrgControlledEntity0false
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/StatesWhereCopyOfReturnIsFiled0NY
IRS990EZ/SubjectToProxyTax0false
IRS990EZ/SumOfTotalLiabilities/BOY00
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IRS990EZ/TanningServicesProvided0false
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IRS990EZ/TheBooksAreInCareOf/AddressUS/City0EAST NORTHPORT
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0NY
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode011731
IRS990EZ/TheBooksAreInCareOf/NamePerson0LUCY SUMNER
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber06314863822
IRS990EZ/TotalAssets/BOY023837
IRS990EZ/TotalAssets/EOY027856
IRS990EZ/TotalExpenses07680
IRS990EZ/TotalProgramServiceExpenses00
IRS990EZ/TotalRevenue011699
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear011699
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year027611
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years016830
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IRS990ScheduleA/GiftsGrantsContribReceived509/Total086925
IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/PriorYearSupportPercentage01.00000
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportPercentage50901.00000
IRS990ScheduleA/PublicSupportTotal509086925
IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
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IRS990ScheduleA/TotalSupportTotal/Total086925
IRS990ScheduleO/GeneralExplanation/Explanation0EXEMPT PURPOSE: The Magic Penny Inc is a New York State 501 (c)(3) non-profit orgnanization created to provide financial support for educational, economic and agricultural programs in the Bompehtoke area of Sierra Leone, West Africa.
IRS990ScheduleO/GeneralExplanation/Explanation1Activity School - Sierra Leone Grantee The Magic Penny Sierra Leone Street One Main Motor Road, Congo Cross City, State, Zip Freetown, Sierra Leone Relationship DONOR Amount 4,960
IRS990ScheduleO/GeneralExplanation/Explanation2Description Amount Telephone 140 Office Expenses and Supplies 1,040 Bank and Merchant Charges 30 Staff Development 900 NYS Filing Fee 10
IRS990ScheduleO/GeneralExplanation/Identifier0O01
IRS990ScheduleO/GeneralExplanation/Identifier1O02
IRS990ScheduleO/GeneralExplanation/Identifier2O03
IRS990ScheduleO/GeneralExplanation/ReturnReference0General explanation attachment
IRS990ScheduleO/GeneralExplanation/ReturnReference1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/GeneralExplanation/ReturnReference2Description of other expenses Part I line 16
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/Filer/EIN0562419098
ReturnHeader/Filer/Name/BusinessNameLine10THE MAGIC PENNY INC
ReturnHeader/Filer/NameControl0MAGI
ReturnHeader/Filer/USAddress/AddressLine1024 ELDORADO DRIVE
ReturnHeader/Filer/USAddress/City0EAST NORTHPORT
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode011731
ReturnHeader/Officer/AuthorizeThirdParty0false
ReturnHeader/Officer/DateSigned02014-03-08
ReturnHeader/Officer/Name0LUCY SUMNER
ReturnHeader/Officer/Phone06314863822
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02014-03-15
ReturnHeader/PreparerFirm/EIN0118763257
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10IDRIS AND SONS
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine106830 RIDGE BLVD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0BROOKLYN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode011220
ReturnHeader/Preparer/Name0MOHAMED IDRIS
ReturnHeader/Preparer/Phone02128686666
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-11-01
ReturnHeader/TaxPeriodEndDate02013-10-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02014-03-15T13:39:43-04:00

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