Civic Intelligence

Magic Wand Foundation Inc.

990EZ • Fiscal year 2017 • EIN 65-1047135

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 08, 2018

Organization ProfileWWW.MAGICWANDFOUNDATION.ORG
60 King StreetRoswell, GA 30075

(678) 821-2862

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

17th percentile

-18%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-46%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

92nd percentile

92%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$8,832

Down $21,009 (-70%) from 2015

Net Assets

Down

$8,832

Down $20,909 (-70%) from 2015

Liabilities

Down

$0

Down $100 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin17th percentile

Revenue

Up

$122,536

Up $89,311 (+269%) from 2015

Expenses

Up

$144,097

Up $86,162 (+149%) from 2015

Net Income

Up

-$21,561

Up $3,149 (+13%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$400K$300K$200K$100K$0Assets 2011: $64,181Liabilities 2011: $9,154Net Assets 2011: $55,0272011Assets 2012: $139,564Liabilities 2012: $75,775Net Assets 2012: $63,7892012Assets 2013: $145,593Liabilities 2013: $23,271Net Assets 2013: $122,3222013Assets 2014: $64,857Liabilities 2014: $10,406Net Assets 2014: $54,4512014Assets 2015: $29,841Liabilities 2015: $100Net Assets 2015: $29,7412015Assets 2017: $8,832Liabilities 2017: $0Net Assets 2017: $8,8322017Assets 2018: $9,294Liabilities 2018: $0Net Assets 2018: $9,2942018Assets 2019: $946Liabilities 2019: $0Net Assets 2019: $9462019Assets 2021: $46,564Liabilities 2021: $0Net Assets 2021: $46,5642021Assets 2022: $44,431Liabilities 2022: $0Net Assets 2022: $44,4312022Assets 2023: $182,946Liabilities 2023: $0Net Assets 2023: $182,9462023Assets 2024: $321,021Liabilities 2024: $995Net Assets 2024: $320,0262024

Highlighted filing

2017

Assets$8,832
Liabilities$0
Net Assets$8,832
Open 2017 Filing

Operations Trend

Revenue Growth92nd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $422,847Expenses 2011: $393,032Net Income 2011: $29,8152011Expenses 2012: $612,5882012Revenue 2013: $206,992Expenses 2013: $148,459Net Income 2013: $58,5332013Revenue 2014: $71,557Expenses 2014: $139,428Net Income 2014: -$67,8712014Revenue 2015: $33,225Expenses 2015: $57,935Net Income 2015: -$24,7102015Revenue 2017: $122,536Expenses 2017: $144,097Net Income 2017: -$21,5612017Revenue 2018: $72,726Expenses 2018: $72,264Net Income 2018: $4622018Revenue 2019: $245,367Expenses 2019: $253,715Net Income 2019: -$8,3482019Revenue 2021: $44,000Expenses 2021: $4,051Net Income 2021: $39,9492021Revenue 2022: $0Expenses 2022: $2,133Net Income 2022: -$2,1332022Revenue 2023: $579,245Expenses 2023: $440,730Net Income 2023: $138,5152023Revenue 2024: $914,425Expenses 2024: $777,345Net Income 2024: $137,0802024

Highlighted filing

2017

Revenue$122,536
Expenses$144,097
Net Income-$21,561
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 8, 2018
Return Version
2017v2.3
Gross Receipts
$122,536
Mission and Program Overview

Mission

The magic wand foundation's mission is to facilitate systemic and generational change on a global scale. The organization's success stems from the foundation's ability to fundamentally alter the method by which adolescents think and plan their own future.

To positively influence young people across the world.

Program Services

DescriptionGrantsExpenses
TO POSITIVELY INFLUENCE YOUNG PEOPLE ACROSS THE WORLD FOCUSING ON THE GOAL OF YOUTH EMPOWERMENT, THE MAGIC WAND FOUNDATION (MWF) SEEKS TO SPREAD MINDSET EDUCATION GLOBALLY SO THAT OUR FUTURE LEADERS CAN LIVE EXTRAORDINARY LIVES AND POSITIVELY IMPACT THE WORLD.$122,514$141,161
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT SHICKLERChief Executive OfficerPT$0--
JEFF WALLERBoard MemberPT$0--
MITCH SCHLIMERBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Magic Wand Foundation Inc
EIN
65-1047135
Phone
6788212862
Address
60 KING STREET, ROSWELL, GA 30075

Signing Officer

Name
Matt Smith
Title
CEO
Phone
6788212862
Signed
2018-10-08
Discuss with paid preparer
Yes

Preparer

Firm
Birnbrey Minsk Minsk & Perling LLC
Address
1801 PEACHTREE ST NE SUITE 300, ATLANTA, GA 30309-1815
Preparer
Warren Morrison
Phone
4043553870
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: iberia bank . Amount: 22.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: program expenses. Amount: 141,161. Description: bank service charges. Amount: 2,936. Total to form 990-ez, line 16: 144,097.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: contribution receivable. Beg. Of year amount: 3,050. End of year amount: 0.”

Raw XML Appendix143 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum06788212862
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt060 KING STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROSWELL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SCOTT SHICKLER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MITCH SCHLIMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0144097
IRS990EZ/OtherRevenueTotalAmt022
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO POSITIVELY INFLUENCE YOUNG PEOPLE ACROSS THE WORLD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO POSITIVELY INFLUENCE YOUNG PEOPLE ACROSS THE WORLD FOCUSING ON THE GOAL OF YOUTH EMPOWERMENT, THE MAGIC WAND FOUNDATION (MWF) SEEKS TO SPREAD MINDSET EDUCATION GLOBALLY SO THAT OUR FUTURE LEADERS CAN LIVE EXTRAORDINARY LIVES AND POSITIVELY IMPACT THE WORLD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0122514
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0141161
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0122500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0122500
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt0122500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0122500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0122500
IRS990ScheduleA/TotalSupportAmt0122536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: IBERIA BANK . AMOUNT: 22.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 141,161. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 2,936. TOTAL TO FORM 990-EZ, LINE 16: 144,097.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CONTRIBUTION RECEIVABLE. BEG. OF YEAR AMOUNT: 3,050. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/PhoneNum06788212862
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-08
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ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0651047135
ReturnHeader/Filer/PhoneNum06788212862
ReturnHeader/Filer/USAddress/AddressLine1Txt060 KING STREET
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ReturnHeader/FilingSecurityInformation/IPTm017:25:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0580644812
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BIRNBREY MINSK MINSK & PERLING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01801 PEACHTREE ST NE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0303091815
ReturnHeader/PreparerPersonGrp/PhoneNum04043553870
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WARREN MORRISON
ReturnHeader/ReturnTs02018-10-09T16:40:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,832
Liabilities
$0
Net assets
$8,832
Revenue
$122,536
Expenses
$144,097
Net income
-$21,561
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.21$0.01$3.20$9.14$7.77$1.37
2023Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$5.79$4.41$1.39
2022Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.44$0.04$0.40
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$2.45$2.54$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.73$0.72$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$1.23$1.44$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.33$0.58$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.65$0.10$0.54$0.72$1.39$0.68
2013Detailed filing. Detailed filing data is available for this year.$1.46$0.23$1.22$2.07$1.48$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.76$0.64$6.13
2011Summary only. Only limited summary data is available for this year.$0.64$0.09$0.55$4.23$3.93$0.30