Civic Intelligence

Magicians Without Borders Inc

990EZ • Fiscal year 2022 • EIN 75-3144325

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 10, 2023

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

91st percentile

0.56x

Higher debt load relative to assets than 91% of similar nonprofits.

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

Liabilities / Revenue

93rd percentile

0.65x

Higher debt load relative to revenue than 93% of similar nonprofits.

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

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

90th percentile

85%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

69th percentile

40%

Faster revenue growth than 69% of similar nonprofits.

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

Assets

Up

$138,582

Up $63,793 (+85%) from 2021

Net Assets

Up

$60,295

Up $63,785 (+1828%) from 2021

Liabilities

Up

$78,287

Up $8 (+0.0%) from 2021

Revenue

Up

$120,092

Up $34,151 (+40%) from 2021

Expenses

Down

$56,307

Down $547 (-1.0%) from 2021

Net Income

Up

$63,785

Up $34,698 (+119%) from 2021

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

2022

Assets$138,582
Liabilities$78,287
Net Assets$60,295

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

2022

Revenue$120,092
Expenses$56,307
Net Income$63,785
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 10, 2023
Return Version
2022v5.0
Gross Receipts
$120,092
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.$2,080$56,307
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS G VERNERPresidentFT$0--
ALEXANDER POSNERVice-Preside-$0--
JANE WOODHOUSETreasurer-$0--
CARLOS LOPEZSecretary-$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
2023-10-10
Discuss with paid preparer
Yes

Preparer

Firm
Jmm & Associates Pc
Address
463 MOUNTAIN VIEW DRIVE SUITE 403, 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 16

Expenses promotion 2,755 information technology 4,140 travel 41,017 gifts/books 2,069 props/costumes 1,263 professional membership 308 learning beyond camp 2,000 total 53,552

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 78,279 78,287

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 Appendix157 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/ExplanationTxt1EXPENSES PROMOTION 2,755 INFORMATION TECHNOLOGY 4,140 TRAVEL 41,017 GIFTS/BOOKS 2,069 PROPS/COSTUMES 1,263 PROFESSIONAL MEMBERSHIP 308 LEARNING BEYOND CAMP 2,000 TOTAL 53,552
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE AND EQUIPMENT 6,157 6,157 LESS ACCUMULATED DEPRECIATION 6,157 6,157 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOANS FROM OFFICERS 78,279 78,287
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WE 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/ExplanationTxt5SINCE 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, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-16
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ReturnHeader/ReturnTs02023-10-16T15:37:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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
2022Detailed filing. Detailed filing data is available for this year.$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