Civic Intelligence

Magical Bridge Foundation

990 • Fiscal year 2018 • EIN 81-2377796

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization Profilemagicalbridge.org
552 WaverleyPalo Alto, CA 94301

(650) 567-3337

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

75th percentile

$116,000

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

98th percentile

256%

Faster asset growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

475%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$2,202,980

Up $1,583,528 (+256%) from 2017

Net Assets

Up

$2,185,852

Up $1,878,772 (+612%) from 2017

Liabilities

Down

$17,128

Down $295,244 (-95%) from 2017

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin89th percentile

Revenue

Up

$3,680,670

Up $3,040,241 (+475%) from 2017

Expenses

Up

$2,114,270

Up $1,780,821 (+534%) from 2017

Net Income

Up

$1,566,400

Up $1,259,420 (+410%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$6.0M$4.0M$2.0M$0Assets 2016: $1Liabilities 2016: $02016Assets 2017: $619,452Liabilities 2017: $312,372Net Assets 2017: $307,0802017Assets 2018: $2,202,980Liabilities 2018: $17,128Net Assets 2018: $2,185,8522018Assets 2019: $2,085,848Liabilities 2019: $9,907Net Assets 2019: $2,075,9412019Assets 2020: $2,248,172Liabilities 2020: $165,689Net Assets 2020: $2,082,4832020Assets 2021: $2,500,212Liabilities 2021: $100,303Net Assets 2021: $2,399,9092021Assets 2022: $5,846,644Liabilities 2022: $62,034Net Assets 2022: $5,784,6102022Assets 2023: $4,598,373Liabilities 2023: $78,944Net Assets 2023: $4,519,4292023Assets 2024: $1,186,588Liabilities 2024: $87,537Net Assets 2024: $1,099,0512024

Highlighted filing

2018

Assets$2,202,980
Liabilities$17,128
Net Assets$2,185,852
Open 2018 Filing

Operations Trend

Revenue Growth98th percentile

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

$10M$5.0M$0-$5.0MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $640,429Expenses 2017: $333,449Net Income 2017: $306,9802017Revenue 2018: $3,680,670Expenses 2018: $2,114,270Net Income 2018: $1,566,4002018Revenue 2019: $2,517,441Expenses 2019: $2,627,352Net Income 2019: -$109,9112019Revenue 2020: $1,273,507Expenses 2020: $1,626,965Net Income 2020: -$353,4582020Revenue 2021: $2,483,019Expenses 2021: $2,165,594Net Income 2021: $317,4252021Revenue 2022: $5,770,246Expenses 2022: $2,385,545Net Income 2022: $3,384,7012022Revenue 2023: $1,207,645Expenses 2023: $2,472,826Net Income 2023: -$1,265,1812023Revenue 2024: $961,729Expenses 2024: $4,382,107Net Income 2024: -$3,420,3782024

Highlighted filing

2018

Revenue$3,680,670
Expenses$2,114,270
Net Income$1,566,400
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$3,680,670
Mission and Program Overview

Mission

Magical bridge foundation redefines inclusive playgrounds through world-renowned innovative design. Far exceeding industry standards, we remove the physical and social barriers in today's traditional playgrounds to create welcoming spaces for all ages, abilities and sizes. Through our advocacy and programs both on and off the playground, we ignite vital inter-generational play and build more inclusive communities.

Inform the public about disabilities and the inclusion of all abilities; bring socially inclusive playgrounds and related activities to communities everywhere; provide programs, conferences, technology and resources to communities with the goal of empowering the disabled population; solicit, receive, and accept donations, gifts, bequests, grants, income and other items of value; and engage in any other lawful act or activity for which corporations may be organized under the Nonprofit Public Benefit Corporation Law of the State of California.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$561,223$2,025,067▲ $1,463,844
Accounts Receivable$12,000$174,000▲ $162,000
Prepaid Expenses and Deferred Charges$46,229$3,913▼ $42,316
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$619,452$2,202,980▲ $1,583,528
Other Assets Total-$0-
Liabilities
Other Liabilities$312,371--
Accounts Payable and Accrued Expenses-$17,128-
Total Liabilities$312,371$17,128▼ $295,243
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$2,106,868-
Unrestricted Net Assets$307,081$78,984▼ $228,097
Total Net Assets Fund Balance$307,081$2,185,852▲ $1,878,771
Total Liabilities and Net Assets / Fund Balance$619,452$2,202,980▲ $1,583,528
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jill AsherExecutive DirectorFT$116,000$116,000
Olenka VillarrealCEOFT$116,000$116,000

Board Members and Trustees

NameTitle
Joyce Reynolds-Syclair PhDChairman
Holly Wade PhDDirector
Leland LevyDirector
Melissa RickSecretary
Intekhab NazeerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,190,747
Program Service Revenue
$489,923
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,190,747
Change in Net Assets
$1,566,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,861,419
Salaries, Compensation, and Employee Benefits$252,851
Total Fundraising Expense$158,662
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$116,000$58,000$58,000$232,000
Fees for Services Other$92,500$82,307$53,050$227,857
All Other Expenses$450$38,382-$38,832
Fees for Services Accounting-$32,218-$32,218
Payroll Taxes-$17,017-$17,017
Other Expenses$55,750$16,596$47,612$16,596
Travel$5,524$7,716-$13,240
Insurance-$6,881-$6,881
Other Employee Benefits-$3,834-$3,834
Conferences and Meetings$2,827--$2,827
Information Technology-$854-$854
Advertising$700--$700
Total Functional Expenses$1,616,492$339,116$158,662$2,114,270
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Board members Olenka Villarreal (Chief Executive Officer) and Jill Asher (Executive Director) are paid employees of the Magical Bridge Foundation”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Board reviews the tax returns before they are filed.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Executive compensation committee reviews and approves compensation for the CEO and Executive Director.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The governing docs, policies, and financial statements are available to the public upon request.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The governing docs, policies, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Magical Bridge Foundation
EIN
81-2377796
Phone
6505673337
Address
552 Waverley, Palo Alto, CA 94301

Signing Officer

Name
Olenka Villarreal
Title
CEO
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
7
Independent Board Members
7
Employees
3
Volunteers
300

Preparer

Firm
JJACPA Inc
Address
7080 Donlon Way STE 204, Dublin, CA 94568
Preparer
Joseph J Arch
Phone
9255566200
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“2017 balance - reclass of liability to net assets = $312371”

Raw XML AppendixShowing 400 of 418 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017128
IRS990/AccountsReceivableGrp/BOYAmt012000
IRS990/AccountsReceivableGrp/EOYAmt0174000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Inform the public about disabilities and the inclusion of all abilities; bring socially inclusive playgrounds and related activities to communities everywhere; provide programs, conferences, technology and resources to communities with the goal of empowering the disabled population; solicit, receive, and accept donations, gifts, bequests, grants, income and other items of value; and engage in any other lawful act or activity for which corporations may be organized under the Nonprofit Public Benefit Corporation Law of the State of California.
IRS990/AdvertisingGrp/ProgramServicesAmt0700
IRS990/AdvertisingGrp/TotalAmt0700
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt03190747
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt038382
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0450
IRS990/AllOtherExpensesGrp/TotalAmt038832
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Melissa Rick
IRS990/BooksInCareOfDetail/PhoneNum06505208512
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0552 Waverley 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0Palo Alto
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094301
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0561223
IRS990/CashNonInterestBearingGrp/EOYAmt02025067
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt058000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt058000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0116000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0232000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02827
IRS990/ConferencesMeetingsGrp/TotalAmt02827
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03190747
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01861419
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0489923
IRS990/CYRevenuesLessExpensesAmt01566400
IRS990/CYSalariesCompEmpBnftPaidAmt0252851
IRS990/CYTotalExpensesAmt02114270
IRS990/CYTotalFundraisingExpenseAmt0158662
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03680670
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The organization made huge strides towards its purpose and mission of bringing socially inclusive playgrounds to communities everywhere. During 2018 there were 4 playground projects in development with the following accomplishments: (l) Redwood City, CA - construction began on the playground project with a target opening of 2019. Engaged 124 donors and approximately 75 volunteers for this project. (2) Sunnyvale, CA - fundraising continued for the Sunnyvale Magical Bridge project at Fair Oaks Park, in 2018 we engaged 285 donors (3) Morgan Hill, CA - fundraising continued for the Morgan Hill Magical Bridge project at Community Park. In 2018 we engaged 187 donors, (3) Mountain View, CA - In 2018 officially announced Magical Bridge Mountain View as our 5 playground project. In 2018 we engaged 360 donors in Mountain View. In addition, in 2018, the foundation held various programs at the Magical Bridge's flagship playground in Palo Alto, where an estimated 25,000 people visited the playground each month, and hosted approximately 300 volunteers, who worked as Kindness Ambassadors, volunteered for our school-based coin drives, or assisted at monthly events and our summer concert series at the playground. Accomplishments included: (1) 2017 "Music is Magic" concert series with 14 concerts at 10K attendees over the whole series, (2) Furthered the work of "Team Visual Magic" a group creating playground innovations for the visually impaired, (3) Showcased Magical Bridge Playground innovations at Smithsonian Cooper Hewitt's Access and Ability Exhibit in New York City. In 2018, Magical Bridge Foundation announced its partnership to build a playground in Mountain View, CA. Magical Bridge Foundation was already under contract to build and fundraise for playground projects in Sunnyvale, CA and Morgan Hill, CA. An additional contract in partnership with UnaMesa Association was signed in 2016 but included activity in 2017 and 2018. As part of these contracts, Magical Bridge Foundation supported applications by the applicable city to the County of Santa Clara All-Inclusive Playground Grant Program (AIPG). Through this partnership, Magical Bridge playground projects secured $2M of AIPG funding for the city of Morgan Hill and $1.7M for the city of Sunnyvale and $1.7M for the city of Mountain View. These grants were pledged directly to the cities and were not received by Magical BridgeFoundation. Although Magical Bridge supported the cities' application for governmentfunding for the playground projects, Magical Bridge did not directly receive any government grants in 2018.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01616492
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt032218
IRS990/FeesForServicesAccountingGrp/TotalAmt032218
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt053050
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt082307
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt092500
IRS990/FeesForServicesOtherGrp/TotalAmt0227857
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Jill Asher
IRS990/Form990PartVIISectionAGrp/PersonNm1Olenka Villarreal
IRS990/Form990PartVIISectionAGrp/PersonNm2Joyce Reynolds-Syclair PhD
IRS990/Form990PartVIISectionAGrp/PersonNm3Leland Levy
IRS990/Form990PartVIISectionAGrp/PersonNm4Intekhab Nazeer
IRS990/Form990PartVIISectionAGrp/PersonNm5Melissa Rick
IRS990/Form990PartVIISectionAGrp/PersonNm6Holly Wade PhD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0116000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1116000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03680670
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0854
IRS990/InformationTechnologyGrp/TotalAmt0854
IRS990/InsuranceGrp/ManagementAndGeneralAmt06881
IRS990/InsuranceGrp/TotalAmt06881
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0Inform the public about disabilities and the inclusion of all abilities; bring socially inclusive playgrounds and related activities to communities everywhere; provide programs, conferences, technology and resources to communities with the goal of empowering the disabled population; solicit, receive, and accept donations, gifts, bequests, grants, income and other items of value; and engage in any other lawful act or activity for which corporations may be organized under the Nonprofit Public Benefit Corporation Law of the State of California.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0307081
IRS990/NetAssetsOrFundBalancesEOYAmt02185852
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0312371
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03834
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03834
IRS990/OtherExpensesGrp/Desc0Program service fees
IRS990/OtherExpensesGrp/Desc1Design
IRS990/OtherExpensesGrp/Desc2Fundrasing
IRS990/OtherExpensesGrp/Desc3Books, subscriptions, referenc
IRS990/OtherExpensesGrp/FundraisingAmt047612
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt075311
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt116596
IRS990/OtherExpensesGrp/ProgramServicesAmt01342741
IRS990/OtherExpensesGrp/ProgramServicesAmt155750
IRS990/OtherExpensesGrp/TotalAmt01418052
IRS990/OtherExpensesGrp/TotalAmt155750
IRS990/OtherExpensesGrp/TotalAmt247612
IRS990/OtherExpensesGrp/TotalAmt316596
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0312371
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017017
IRS990/PayrollTaxesGrp/TotalAmt017017
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046229
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03913
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0Program services fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0489923
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0489923
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0178429
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0102495
IRS990/PYProgramServiceRevenueAmt0462000
IRS990/PYRevenuesLessExpensesAmt0306980
IRS990/PYSalariesCompEmpBnftPaidAmt0230954
IRS990/PYTotalExpensesAmt0333449
IRS990/PYTotalRevenueAmt0640429
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01566400
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03137238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0333015
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03470253
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0489923
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0462000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0951923
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt04422176
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03627161
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0795015
IRS990ScheduleA/Total509Grp/TotalAmt04422176
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03627161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0795015
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04422176
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board members Olenka Villarreal (Chief Executive Officer) and Jill Asher (Executive Director) are paid employees of the Magical Bridge Foundation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board reviews the tax returns before they are filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Executive compensation committee reviews and approves compensation for the CEO and Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing docs, policies, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing docs, policies, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt52017 balance - reclass of liability to net assets = $312371
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02106868
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0619452
IRS990/TotalAssetsEOYAmt02202980
IRS990/TotalAssetsGrp/BOYAmt0619452
IRS990/TotalAssetsGrp/EOYAmt02202980
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03190747
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0158662
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0339116
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01616492
IRS990/TotalFunctionalExpensesGrp/TotalAmt02114270
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0312371
IRS990/TotalLiabilitiesEOYAmt017128
IRS990/TotalLiabilitiesGrp/BOYAmt0312371
IRS990/TotalLiabilitiesGrp/EOYAmt017128
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0307081
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02185852
IRS990/TotalProgramServiceExpensesAmt01616492
IRS990/TotalProgramServiceRevenueAmt0489923
IRS990/TotalReportableCompFromOrgAmt0232000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0489923
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03680670
IRS990/TotalVolunteersCnt0300
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0619452
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02202980
IRS990/TravelGrp/ManagementAndGeneralAmt07716
IRS990/TravelGrp/ProgramServicesAmt05524
IRS990/TravelGrp/TotalAmt013240
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0307081
IRS990/UnrestrictedNetAssetsGrp/EOYAmt078984
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0552 Waverley 200
IRS990/USAddress/CityNm0Palo Alto
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094301
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0http://magicalbridge.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Olenka Villarreal
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Magical Bridge Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0812377796

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,202,980
Liabilities
$17,128
Net assets
$2,185,852
Revenue
$3,680,670
Expenses
$2,114,270
Net income
$1,566,400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.19$0.09$1.10$0.96$4.38$3.42
2023Detailed filing. Detailed filing data is available for this year.$4.60$0.08$4.52$1.21$2.47$1.27
2022Detailed filing. Detailed filing data is available for this year.$5.85$0.06$5.78$5.77$2.39$3.38
2021Detailed filing. Detailed filing data is available for this year.$2.50$0.10$2.40$2.48$2.17$0.32
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.17$2.08$1.27$1.63$0.35
2019Detailed filing. Detailed filing data is available for this year.$2.09$0.01$2.08$2.52$2.63$0.11
2018Detailed filing. Detailed filing data is available for this year.$2.20$0.02$2.19$3.68$2.11$1.57
2017Detailed filing. Detailed filing data is available for this year.$0.62$0.31$0.31$0.64$0.33$0.31
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00