Civic Intelligence

Magicians Without Borders Inc

990EZ • Fiscal year 2021 • EIN 75-3144325

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

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

95th percentile

1.05x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

0.91x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

77th percentile

34%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$25,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 29.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

84th percentile

67%

Faster asset growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

43rd percentile

-3.1%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$74,789

Up $29,879 (+67%) from 2020

Net Assets

Up

-$3,490

Up $29,087 (+89%) from 2020

Liabilities

Up

$78,279

Up $792 (+1.0%) from 2020

Revenue

Down

$85,941

Down $2,745 (-3.1%) from 2020

Expenses

Down

$56,854

Down $34,110 (-37%) from 2020

Net Income

Up

$29,087

Up $31,365 (+1377%) from 2020

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

2021

Assets$74,789
Liabilities$78,279
Net Assets-$3,490

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

2021

Revenue$85,941
Expenses$56,854
Net Income$29,087
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$85,941
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.$6,980$56,854
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
2022-11-15
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 foundation magos sin fronteras costa rica company id: 3-006-735221 heredia centra, del automercado arretera a barva 150 metros oeste, 150 metros norte y 75 este costa rica

Form 990-ez, Part I, Line 10

Name: foundation magos sin frontera address: see above cash contribution: 6,980

Form 990-ez, Part I, Line 16

Expenses promotion 3,285 information technology 4,946 travel 9,389 gifts/books 2,069 props/costumes 2,603 professional membership 308 total 22,600

Form 990-ez, Part II, Line 24

Furniture and equipment 6,157 6,157 less accumulated depreciation 6,157 6,157 total 0 0

Form 990-ez, Part II, Line 26

Loans from officers 77,487 78,279

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 Appendix159 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR CHILDREN ADDRESS: A1&2, 2ND FLOOR, EVEREST, 156, TARDEO ROAD, MUMBAI - 400034, MAHARASHTRA, INDIA FOUNDATION MAGOS SIN FRONTERAS COSTA RICA COMPANY ID: 3-006-735221 HEREDIA CENTRA, DEL AUTOMERCADO ARRETERA A BARVA 150 METROS OESTE, 150 METROS NORTE Y 75 ESTE COSTA RICA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: FOUNDATION MAGOS SIN FRONTERA ADDRESS: SEE ABOVE CASH CONTRIBUTION: 6,980
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES PROMOTION 3,285 INFORMATION TECHNOLOGY 4,946 TRAVEL 9,389 GIFTS/BOOKS 2,069 PROPS/COSTUMES 2,603 PROFESSIONAL MEMBERSHIP 308 TOTAL 22,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FURNITURE AND EQUIPMENT 6,157 6,157 LESS ACCUMULATED DEPRECIATION 6,157 6,157 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOANS FROM OFFICERS 77,487 78,279
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 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02022-11-15T18:53:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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