Civic Intelligence

Magic Grants

990EZ • Fiscal year 2021 • EIN 82-5183590

Aug 01, 2020 to Jul 31, 2021 • Filed on May 02, 2022

Organization ProfileWWW.MAGICGRANTS.ORG
1942 Broadway Street Ste 314CBoulder, CO 80302

(303) 900-3237

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

88th percentile

52%

Higher net margin than 88% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$46,265

Up $9,345 (+25%) from 2020

Net Assets

$46,265

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin88th percentile

Revenue

Up

$17,944

Up $59,253 (+143%) from 2020

Expenses

Up

$8,599

Up $490 (+6.0%) from 2020

Net Income

Up

$9,345

Up $58,763 (+119%) from 2020

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$800K$600K$400K$200K$0Assets 2019: $86,338Liabilities 2019: $02019Assets 2020: $36,920Liabilities 2020: $02020Assets 2021: $46,265Liabilities 2021: $0Net Assets 2021: $46,2652021Assets 2022: $124,139Liabilities 2022: $0Net Assets 2022: $124,1392022Assets 2023: $256,192Liabilities 2023: $0Net Assets 2023: $256,1922023Assets 2024: $262,582Liabilities 2024: $0Net Assets 2024: $262,5822024Assets 2025: $773,639Liabilities 2025: $0Net Assets 2025: $773,6392025

Highlighted filing

2021

Assets$46,265
Liabilities$0
Net Assets$46,265
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2019: $96,699Expenses 2019: $10,361Net Income 2019: $86,3382019Revenue 2020: -$41,309Expenses 2020: $8,109Net Income 2020: -$49,4182020Revenue 2021: $17,944Expenses 2021: $8,599Net Income 2021: $9,3452021Revenue 2022: $111,602Expenses 2022: $33,728Net Income 2022: $77,8742022Revenue 2023: $304,281Expenses 2023: $172,228Net Income 2023: $132,0532023Revenue 2024: $131,102Expenses 2024: $124,712Net Income 2024: $6,3902024Revenue 2025: $874,550Expenses 2025: $363,493Net Income 2025: $511,0572025

Highlighted filing

2021

Revenue$17,944
Expenses$8,599
Net Income$9,345
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
May 2, 2022
Return Version
2020v4.1
Gross Receipts
$30,616
Mission and Program Overview

Mission

Scholarships to post-secondary students

Program Services

DescriptionGrantsExpenses
AFTER REVIEWING AND SELECTING 4 AWARDEES IN VARIOUS CRYPTOCURRENCY-RELATED DISCIPLINES, PAID SCHOLARSHIPS TO THEIR RESPECTIVE INSTITUTIONS. ALSO SELECTED FY21 AWARDEES.-$2,500
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
JUSTIN EHRENHOFERPresident Exec Director-$0--
JOHN MURPHYVice President-$0--
MATTHEW SHROYERTreasurer Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Multidisciplinary Academic Grants in Cryptocurrenc
EIN
82-5183590
Address
1942 BROADWAY STREET STE 314C, BOULDER, CO 80302

Signing Officer

Name
Justin Ehrenhofer
Title
President Exec
Phone
3039003237
Signed
2022-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Competent Assistance for Nonprofits
Address
PO BOX 66086, BURIEN, WA 98166
Preparer
Linda Akey
Phone
7203207014
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity scholarships grantee several students relationship unrelated amount 2,500activity research grant grantee aaron feickert relationship unrelated amount 5,000”

Description of other expenses Part I line 16

“Description amountcomputer and internet 46office expenses 148taxes and licenses 45marketing 849”

Description of other assets Part II line 24

“Category beginning of year end of yearcost basis in crypto holdings 9,526 9,526”

Raw XML Appendix135 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JUSTIN EHRENHOFER
IRS990EZ/BooksInCareOfDetail/PhoneNum03039003237
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01942 BROADWAY STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOULDER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd080302
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027394
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036739
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017944
IRS990EZ/CostOrOtherBasisExpenseSaleAmt012672
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09345
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036920
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046265
IRS990EZ/GrantsAndSimilarAmountsPaidAmt07500
IRS990EZ/GrossReceiptsAmt030616
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036920
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046265
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036920
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046265
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JUSTIN EHRENHOFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN MURPHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MATTHEW SHROYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT EXEC DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09526
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09526
IRS990EZ/OtherExpensesTotalAmt01088
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIPS TO POST-SECONDARY STUDENTS
IRS990EZ/PrintingPublicationsPostageAmt011
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AFTER REVIEWING AND SELECTING 4 AWARDEES IN VARIOUS CRYPTOCURRENCY-RELATED DISCIPLINES, PAID SCHOLARSHIPS TO THEIR RESPECTIVE INSTITUTIONS. ALSO SELECTED FY21 AWARDEES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt012672
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CO
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt08599
IRS990EZ/TotalProgramServiceExpensesAmt02500
IRS990EZ/TotalRevenueAmt017944
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MAGICGRANTS.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt017944
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt096699
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0118628
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt036315
IRS990ScheduleA/SubstantialContributorsTotAmt082313
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt017944
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03985
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt096699
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0118628
IRS990ScheduleA/TotalSupportAmt0118628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY SCHOLARSHIPS GRANTEE SEVERAL STUDENTS RELATIONSHIP UNRELATED AMOUNT 2,500ACTIVITY RESEARCH GRANT GRANTEE AARON FEICKERT RELATIONSHIP UNRELATED AMOUNT 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTCOMPUTER AND INTERNET 46OFFICE EXPENSES 148TAXES AND LICENSES 45MARKETING 849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARCOST BASIS IN CRYPTO HOLDINGS 9,526 9,526
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN EHRENHOFER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT EXEC
ReturnHeader/BusinessOfficerGrp/PhoneNum03039003237
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MULTIDISCIPLINARY ACADEMIC GRANTS IN CRYPTOCURRENC
ReturnHeader/Filer/BusinessNameControlTxt0MULT
ReturnHeader/Filer/EIN0825183590
ReturnHeader/Filer/USAddress/AddressLine1Txt01942 BROADWAY STREET STE 314C
ReturnHeader/Filer/USAddress/CityNm0BOULDER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080302
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262752877
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COMPETENT ASSISTANCE FOR NONPROFITS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 66086
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURIEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098166
ReturnHeader/PreparerPersonGrp/PhoneNum07203207014
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA AKEY
ReturnHeader/ReturnTs02022-06-06T17:59:27-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JUSTIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EHRENHOFER
ReturnHeader/TaxPeriodBeginDt02020-08-01
ReturnHeader/TaxPeriodEndDt02021-07-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,265
Liabilities
$0
Net assets
$46,265
Revenue
$17,944
Expenses
$8,599
Net income
$9,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.74$0.00$7.74$8.75$3.63$5.11
2024Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$1.31$1.25$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$3.04$1.72$1.32
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.00$1.24$1.12$0.34$0.78
2021Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.18$0.09$0.09
2020Summary only. Only limited summary data is available for this year.$0.37$0.00$0.41$0.08$0.49
2019Summary only. Only limited summary data is available for this year.$0.86$0.00$0.97$0.10$0.86