Civic Intelligence

Magic Wand Foundation Inc.

990EZ • Fiscal year 2022 • EIN 65-1047135

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

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

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

38th percentile

-4.6%

Faster asset growth than 38% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$44,431

Down $2,133 (-4.6%) from 2021

Net Assets

Down

$44,431

Down $2,133 (-4.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $44,000 (-100%) from 2021

Expenses

Down

$2,133

Down $1,918 (-47%) from 2021

Net Income

Down

-$2,133

Down $42,082 (-105%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2022

Assets$44,431
Liabilities$0
Net Assets$44,431
Open 2022 Filing

Operations Trend

Revenue Growth1st 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

2022

Revenue$0
Expenses$2,133
Net Income-$2,133
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$0
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 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.

Program Services

DescriptionGrantsExpenses
POSITIVE INFLUENCE ON YOUNG PEOPLE ACROSS THE WORLD BY FOCUSING ON THE GOAL OF YOUTH EMPOWERMENT THROUGH SCHOLARSHIPS TO STUDENTS AND EDUCATORS ACROSS THE WORLD.$0$0
Compensation and Service Providers
Top Officer Pay78th 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
Scott Shickler
Title
CEO
Phone
6788212862
Signed
2023-11-08
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 16 - Other Expenses

“Description: banking fees. Amount: 130.”

Raw XML Appendix162 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0EMILY O'ROURKE
IRS990EZ/BooksInCareOfDetail/PhoneNum06788212862
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt060 KING STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROSWELL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030075
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt046564
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044431
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-2133
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IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt046564
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044431
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt046564
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SCOTT SHICKLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFF WALLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MITCH SCHLIMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0130
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO 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/DescriptionProgramSrvcAccomTxt0POSITIVE INFLUENCE ON YOUNG PEOPLE ACROSS THE WORLD BY FOCUSING ON THE GOAL OF YOUTH EMPOWERMENT THROUGH SCHOLARSHIPS TO STUDENTS AND EDUCATORS ACROSS THE WORLD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02133
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MAGICWANDFOUNDATION.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt044000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt05273
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt060000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0116273
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05944
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt072700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0129644
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt029
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0239420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0239420
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt029
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.68490
IRS990ScheduleA/PublicSupportPY509Pct00.52440
IRS990ScheduleA/PublicSupportTotal509Amt0252791
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt044000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05273
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt060000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0116273
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0245364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt072700
IRS990ScheduleA/Total509Grp/TotalAmt0369064
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt044000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07000
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt072726
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0369093
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANKING FEES. AMOUNT: 130.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT SHICKLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06788212862
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGIC WAND FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0651047135
ReturnHeader/Filer/PhoneNum06788212862
ReturnHeader/Filer/USAddress/AddressLine1Txt060 KING STREET
ReturnHeader/Filer/USAddress/CityNm0ROSWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030075
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
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/PreparationDt02023-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WARREN MORRISON
ReturnHeader/ReturnTs02023-11-08T12:11:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SHICKLER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,431
Liabilities
$0
Net assets
$44,431
Revenue
$0
Expenses
$2,133
Net income
-$2,133
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