Civic Intelligence

Magicians Without Borders Inc

990EZ • Fiscal year 2019 • EIN 75-3144325

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 30, 2020

PO Box 3Bristol, VT 05443

(802) 453-5425

Siviq Scores

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

Liabilities / Assets

96th percentile

1.63x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.08x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$25,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 34.5% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

27th percentile

-11%

Faster asset growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

14th percentile

-36%

Faster revenue growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$48,156

Down $6,101 (-11%) from 2018

Net Assets

Down

-$30,299

Down $26,849 (-778%) from 2018

Liabilities

Up

$78,455

Up $20,748 (+36%) from 2018

Revenue

Down

$72,523

Down $41,176 (-36%) from 2018

Expenses

Down

$99,372

Down $2,068 (-2.0%) from 2018

Net Income

Down

-$26,849

Down $39,108 (-319%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100KAssets 2010: $45,786Liabilities 2010: $46,485Net Assets 2010: -$6992010Assets 2011: $16,106Liabilities 2011: $46,486Net Assets 2011: -$30,3802011Assets 2012: $46,904Liabilities 2012: $46,487Net Assets 2012: $4172012Assets 2013: $62,891Liabilities 2013: $46,487Net Assets 2013: $16,4042013Assets 2014: $45,140Liabilities 2014: $46,487Net Assets 2014: -$1,3472014Assets 2016: $27,913Liabilities 2016: $56,177Net Assets 2016: -$28,2642016Assets 2017: $39,985Liabilities 2017: $55,695Net Assets 2017: -$15,7102017Assets 2018: $54,257Liabilities 2018: $57,707Net Assets 2018: -$3,4502018Assets 2019: $48,156Liabilities 2019: $78,455Net Assets 2019: -$30,2992019Assets 2020: $44,910Liabilities 2020: $77,487Net Assets 2020: -$32,5772020Assets 2021: $74,789Liabilities 2021: $78,279Net Assets 2021: -$3,4902021Assets 2022: $138,582Liabilities 2022: $78,287Net Assets 2022: $60,2952022Assets 2023: $114,150Liabilities 2023: $02023Assets 2024: $193,500Net Assets 2024: $193,5002024

Highlighted filing

2019

Assets$48,156
Liabilities$78,455
Net Assets-$30,299

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $85,360Expenses 2010: $65,403Net Income 2010: $19,9572010Revenue 2011: $47,505Expenses 2011: $77,186Net Income 2011: -$29,6812011Revenue 2012: $94,966Expenses 2012: $64,170Net Income 2012: $30,7962012Revenue 2013: $94,082Expenses 2013: $78,095Net Income 2013: $15,9872013Revenue 2014: $57,398Expenses 2014: $75,149Net Income 2014: -$17,7512014Revenue 2016: $74,709Expenses 2016: $89,503Net Income 2016: -$14,7942016Revenue 2017: $90,750Expenses 2017: $78,196Net Income 2017: $12,5542017Revenue 2018: $113,699Expenses 2018: $101,440Net Income 2018: $12,2592018Revenue 2019: $72,523Expenses 2019: $99,372Net Income 2019: -$26,8492019Revenue 2020: $88,686Expenses 2020: $90,964Net Income 2020: -$2,2782020Revenue 2021: $85,941Expenses 2021: $56,854Net Income 2021: $29,0872021Revenue 2022: $120,092Expenses 2022: $56,307Net Income 2022: $63,7852022Revenue 2023: $74,796Expenses 2023: $20,941Net Income 2023: $53,8552023Revenue 2024: $138,842Expenses 2024: $59,492Net Income 2024: $79,3502024

Highlighted filing

2019

Revenue$72,523
Expenses$99,372
Net Income-$26,849
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 30, 2020
Return Version
2019v5.0
Gross Receipts
$72,523
Mission and Program Overview

Mission

Bringing love, laughter, hope and magic to refugee and orphan children around the world.

We use the art of magic to entertain, educate, and empower some of the most forgotten children in the world - mostly orphans and refugees.

Program Services

DescriptionGrantsExpenses
SINCE 2002, MAGICIANS WITHOUT BORDERS HAS TRAVELED TO OVER 37 COUNTRIES USING MAGIC TO ENTERTAIN, EDUCATE AND EMPOWER. BY UNITED NATION ESTIMATES WE HAVE ENTERTAINED OVER 1,000,000 OF THE MOST FORGOTTEN PEOPLE IN THE WORLD - MOSTLY REFUGEES AND ORPHANS LIVING IN DESPERATE, DIFFICULT AND OFTEN WAR TORN PARTS OF THE WORLD. DETAILED ACCOUNTS OF THIS WORK CAN BE FOUND ON THE OUR TRAVELS PAGE. WE ARE ALSO EDUCATING CHILDREN IN SANTA ANA, EL SALVADOR, MUMBAI, INDIA AND BOGOTA, COLOMBIA TO BECOME MAGICIANS. AS THEY STUDY MAGIC, THEY DEVELOP SELF-CONFIDENCE, SELF-ESTEEM, DISCIPLINE, FOCUS AND A SENSE OF PERSONAL POWER. WE HAVE ALSO ESTABLISHED A SCHOLARSHIP FUND TO EMPOWER THESE CHILDREN TO FINISH HIGH SCHOOL AND GO ON TO COLLEGE, NURSING SCHOOL, AND CULINARY SCHOOL.$6,500$99,372
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS G VERNERPresidentFT$25,000-$25,000
ALEXANDER POSNERVice-Preside-$0--
JANE WOODHOUSETreasurer-$0--
MIRABAI VERNER-LUSTSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Magicians Without Borders Inc
EIN
75-3144325
Phone
8024535425
Address
PO BOX 3, BRISTOL, VT 05443

Signing Officer

Name
Thomas G Verner
Title
President
Phone
8024535425
Signed
2020-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Jmm & Associates Pc
Address
336 WATER TOWER CIR STE 801, COLCHESTER, VT 05446
Preparer
Randall L Sargent CPA
Phone
8026555665
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Our children address: a1&2, 2nd floor, everest, 156, tardeo road, mumbai - 400034, maharashtra, india part i, line 10 - grants/similar amts paid to individuals cash contribution: 4,500 part i, line 10 - grants/similar amts paid to organizations name: our children address: see above cash contribution: 2,000

Form 990-ez, Part I, Line 16

Expenses promotion 5,400 information technology 1,881 travel 55,462 gifts/books 696 props/costumes 1,463 non-investment depreciation 482 total 65,384

Form 990-ez, Part II, Line 24

Furniture and equipment 6,157 6,157 less accumulated depreciation 5,193 5,676 total 964 481

Form 990-ez, Part II, Line 26

Loans from officers 57,707 78,455

Form 990-ez, Part III

Part 1, line 10- grant to organization that distributes scholarships

Form 990-ez, Part III

We use the art of magic to entertain, educate, and empower some of the most forgotten children in the world - mostly orphans and refugees.

Form 990-ez, Part III, Line 28

Since 2002, magicians without borders has traveled to over 37 countries using magic to entertain, educate and empower. By united nation estimates we have entertained over 1,000,000 of the most forgotten people in the world - mostly refugees and orphans living in desperate, difficult and often war torn parts of the world. Detailed accounts of this work can be found on the our travels page. We are also educating children in santa ana, el salvador, mumbai, india and bogota, colombia to become magicians. As they study magic, they develop self-confidence, self-esteem, discipline, focus and a sense of personal power. We have also established a scholarship fund to empower these children to finish high school and go on to college, nursing school, and culinary school.

Raw XML Appendix166 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/PrintingPublicationsPostageAmt0575
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR CHILDREN ADDRESS: A1&2, 2ND FLOOR, EVEREST, 156, TARDEO ROAD, MUMBAI - 400034, MAHARASHTRA, INDIA PART I, LINE 10 - GRANTS/SIMILAR AMTS PAID TO INDIVIDUALS CASH CONTRIBUTION: 4,500 PART I, LINE 10 - GRANTS/SIMILAR AMTS PAID TO ORGANIZATIONS NAME: OUR CHILDREN ADDRESS: SEE ABOVE CASH CONTRIBUTION: 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES PROMOTION 5,400 INFORMATION TECHNOLOGY 1,881 TRAVEL 55,462 GIFTS/BOOKS 696 PROPS/COSTUMES 1,463 NON-INVESTMENT DEPRECIATION 482 TOTAL 65,384
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE AND EQUIPMENT 6,157 6,157 LESS ACCUMULATED DEPRECIATION 5,193 5,676 TOTAL 964 481
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOANS FROM OFFICERS 57,707 78,455
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART 1, LINE 10- GRANT TO ORGANIZATION THAT DISTRIBUTES SCHOLARSHIPS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WE USE THE ART OF MAGIC TO ENTERTAIN, EDUCATE, AND EMPOWER SOME OF THE MOST FORGOTTEN CHILDREN IN THE WORLD - MOSTLY ORPHANS AND REFUGEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SINCE 2002, MAGICIANS WITHOUT BORDERS HAS TRAVELED TO OVER 37 COUNTRIES USING MAGIC TO ENTERTAIN, EDUCATE AND EMPOWER. BY UNITED NATION ESTIMATES WE HAVE ENTERTAINED OVER 1,000,000 OF THE MOST FORGOTTEN PEOPLE IN THE WORLD - MOSTLY REFUGEES AND ORPHANS LIVING IN DESPERATE, DIFFICULT AND OFTEN WAR TORN PARTS OF THE WORLD. DETAILED ACCOUNTS OF THIS WORK CAN BE FOUND ON THE OUR TRAVELS PAGE. WE ARE ALSO EDUCATING CHILDREN IN SANTA ANA, EL SALVADOR, MUMBAI, INDIA AND BOGOTA, COLOMBIA TO BECOME MAGICIANS. AS THEY STUDY MAGIC, THEY DEVELOP SELF-CONFIDENCE, SELF-ESTEEM, DISCIPLINE, FOCUS AND A SENSE OF PERSONAL POWER. WE HAVE ALSO ESTABLISHED A SCHOLARSHIP FUND TO EMPOWER THESE CHILDREN TO FINISH HIGH SCHOOL AND GO ON TO COLLEGE, NURSING SCHOOL, AND CULINARY SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-30
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005446
ReturnHeader/PreparerPersonGrp/PhoneNum08026555665
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDALL L SARGENT CPA
ReturnHeader/ReturnTs02020-11-05T11:28:07-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.94$1.94$1.39$0.59$0.79
2023Summary only. Only limited summary data is available for this year.$1.14$0.00$0.75$0.21$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.78$0.60$1.20$0.56$0.64
2021Detailed filing. Detailed filing data is available for this year.$0.75$0.78$0.03$0.86$0.57$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.45$0.77$0.33$0.89$0.91$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.78$0.30$0.73$0.99$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.58$0.03$1.14$1.01$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.56$0.16$0.91$0.78$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.56$0.28$0.75$0.90$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.46$0.01$0.57$0.75$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.63$0.46$0.16$0.94$0.78$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.46$0.00$0.95$0.64$0.31
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.46$0.30$0.48$0.77$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.46$0.01$0.85$0.65$0.20