Civic Intelligence

Magic Slippers Fine Arts Academy Inc

EIN 82-1193971 • 501(c)3 • Miami Beach, FL

Profile

Cultural and arts education

833 6th StreetMiami Beach, FL 33139
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

1.00x

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

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

51st percentile

2.2%

Higher net margin than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

100th percentile

16500%

Faster asset growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

100th percentile

16928%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$332

Up $330 (+16500%) from 2017

Liabilities

Up

$332

Up $332 from 2017

Net Assets

Up

$332

Up $330 (+16500%) from 2017

Revenue

Up

$15,155

Up $15,066 (+16928%) from 2017

Expenses

Up

$14,823

Up $14,734 (+16555%) from 2017

Net Income

Up

$332

Up $332 from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400$300$200$100$0Assets 2017: $2Liabilities 2017: $0Net Assets 2017: $22017Assets 2018: $332Liabilities 2018: $332Net Assets 2018: $3322018

Highlighted filing

2018

Assets$332
Liabilities$332
Net Assets$332

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20K$15K$10K$5.0K$0Revenue 2017: $89Expenses 2017: $89Net Income 2017: $02017Revenue 2018: $15,155Expenses 2018: $14,823Net Income 2018: $3322018

Highlighted filing

2018

Revenue$15,155
Expenses$14,823
Net Income$332

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 6, 2019
Return Version
2018v3.1
Gross Receipts
$15,155
Mission and Program Overview

Mission

Cultural and arts education

Program Services

DescriptionGrantsExpenses
WE USE THE SOUTH SHORE COMMUNITY CENTER TO GIVE FREE DANCE CLASSES TO CHILDREN AND SENIORS$2,810$6,900
AT THE SOUTH FLORIDA SENIORS IN ACTION WE PROVIDED GROUP ACTIVITIES TO HELP THEM KEEP HAPPY AND INTERACTING WITH OTHERS OUR ACTIVITIES INCLUDES ART DANCERS AND CLASSES-$1,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KILEY HERNANDEZPresident-$0--
DELIA R KENNEDYTreasury-$0--
ZITHA ZAMBRANOSecretary-$0--
MONICA TORRESFounder-$0--
Filing and Contact Details

Filer

Filer Name
Magic Slippers Fine Arts Academy Inc
EIN
82-1193971
In Care Of
% MONICA TORRES
Phone
3055043461
Address
833 6TH STREET, MIAMI BEACH, FL 33139

Signing Officer

Name
Monica Torres
Title
Founder
Phone
3055043461
Signed
2019-03-06
Discuss with paid preparer
Yes

Preparer

Firm
Taxes By George
Address
7455 Collins Ave Ste209, Miami Beach, FL 33141
Preparer
George L Tirado
Phone
7865345186
Supplemental Narrative

Additional Explanations

Part I Line 16

MAIL $14.00

Part II Line 26

Accounts payable and accrued expenses. Beginning:$0.00 Ending: $332.00

Raw XML Appendix131 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
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CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0MONICA IS THE MAIN ARTIST OF THE FOUNDATION
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt013725
IRS990EZ/BooksInCareOfDetail/PersonNm0MONICA TORRES
IRS990EZ/BooksInCareOfDetail/PhoneNum03055043461
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 ALTON RD Ste 401
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIAMI BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033139
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KILEY HERNANDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DELIA R KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ZITHA ZAMBRANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MONICA TORRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3FOUNDER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0CULTURAL AND ARTS EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE USE THE SOUTH SHORE COMMUNITY CENTER TO GIVE FREE DANCE CLASSES TO CHILDREN AND SENIORS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1AT THE SOUTH FLORIDA SENIORS IN ACTION WE PROVIDED GROUP ACTIVITIES TO HELP THEM KEEP HAPPY AND INTERACTING WITH OTHERS OUR ACTIVITIES INCLUDES ART DANCERS AND CLASSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02810
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06900
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0984
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0332
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014823
IRS990EZ/TotalProgramServiceExpensesAmt08400
IRS990EZ/TotalRevenueAmt015155
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt089
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAIL $14.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts payable and accrued expenses. Beginning:$0.00 Ending: $332.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MONICA TORRES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FOUNDER
ReturnHeader/BusinessOfficerGrp/PhoneNum03055043461
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-06
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ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0821193971
ReturnHeader/Filer/InCareOfNm0% MONICA TORRES
ReturnHeader/Filer/PhoneNum03055043461
ReturnHeader/Filer/USAddress/AddressLine1Txt0833 6TH STREET
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-03-05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.199.223.29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0462803071
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Taxes By George
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07455 Collins Ave Ste209
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033141
ReturnHeader/PreparerPersonGrp/PhoneNum07865345186
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE L TIRADO
ReturnHeader/ReturnTs02019-03-05T12:20:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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