Civic Intelligence

Love Your Magic Inc

990 • Fiscal year 2023 • EIN 87-2061145

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 29, 2024

Organization ProfileLOVEYOURMAGIC.ORG
36 Market Street Unit 4Lynn, MA 01901

(202) 830-6652

Siviq Scores

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

Liabilities / Assets

80th percentile

0.11x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

9th percentile

-63%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$52,433

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 46.3% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

22nd percentile

-22%

Faster asset growth than 22% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-81%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$217,549

Down $62,384 (-22%) from 2022

Net Assets

Down

$194,216

Down $71,807 (-27%) from 2022

Liabilities

Up

$23,333

Up $9,423 (+68%) from 2022

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin9th percentile

Revenue

Down

$113,197

Down $469,014 (-81%) from 2022

Expenses

Down

$185,004

Down $187,109 (-50%) from 2022

Net Income

Down

-$71,807

Down $281,905 (-134%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$400K$300K$200K$100K$0Assets 2021: $177,541Liabilities 2021: $121,616Net Assets 2021: $55,9252021Assets 2022: $279,933Liabilities 2022: $13,910Net Assets 2022: $266,0232022Assets 2023: $217,549Liabilities 2023: $23,333Net Assets 2023: $194,2162023Assets 2024: $128,516Liabilities 2024: $37,904Net Assets 2024: $90,6122024Assets 2025: $353,725Liabilities 2025: $15,927Net Assets 2025: $337,7982025

Highlighted filing

2023

Assets$217,549
Liabilities$23,333
Net Assets$194,216
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$1.0M$500K$0-$500KRevenue 2021: $132,787Expenses 2021: $76,862Net Income 2021: $55,9252021Revenue 2022: $582,211Expenses 2022: $372,113Net Income 2022: $210,0982022Revenue 2023: $113,197Expenses 2023: $185,004Net Income 2023: -$71,8072023Revenue 2024: $428,781Expenses 2024: $546,187Net Income 2024: -$117,4062024Revenue 2025: $813,790Expenses 2025: $566,604Net Income 2025: $247,1862025

Highlighted filing

2023

Revenue$113,197
Expenses$185,004
Net Income-$71,807
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 29, 2024
Return Version
2022v5.0
Gross Receipts
$113,197
Mission and Program Overview

Mission

The object of love your magic, inc. Is to positively impact the perception, value, and treatment of black and brown girls in schools through educational services, community engagement, and programming that centers on self- and community- advocacy, self-love, and sisterhood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$276,033$204,250▼ $71,783
Prepaid Expenses and Deferred Charges$3,900$13,299▲ $9,399
Total Assets$279,933$217,549▼ $62,384
Liabilities
Deferred Revenue$13,833$23,333▲ $9,500
Accounts Payable and Accrued Expenses$77--
Total Liabilities$13,910$23,333▲ $9,423
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$266,023$194,216▼ $71,807
Total Net Assets Fund Balance$266,023$194,216▼ $71,807
Total Liabilities and Net Assets / Fund Balance$279,933$217,549▼ $62,384
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ivanna SolanoExecutive DiFT$52,433$52,433
Janille OlivoTreasurerPT$22,000$22,000

Board Members and Trustees

NameTitle
Alice MitchellDirector
Laura AssadeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$113,197
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$58,697
Change in Net Assets
$-71,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,542
Salaries, Compensation, and Employee Benefits$81,462
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$74,433--$74,433
Fees for Services Other$26,782$957-$27,739
Travel$25,312--$25,312
Occupancy$8,894--$8,894
Payroll Taxes$6,549--$6,549
Office Expenses$5,387--$5,387
All Other Expenses$3,521--$3,521
Other Expenses$3,390--$3,390
Fees for Services Legal$1,350--$1,350
Information Technology$413$413-$826
Advertising$505--$505
Other Salaries and Wages$480--$480
Insurance$221--$221
Fees for Services Accounting$87$88-$175
Total Functional Expenses$183,546$1,458$0$185,004
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
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, Page 6, Part VI, Line 11B

“All board members were provided a copy of the form 990 before it was filed in order to review for accuracy and completeness.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents and financial information available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Love Your Magic Inc
EIN
87-2061145
Phone
2028306652
Address
36 MARKET STREET UNIT 4, LYNN, MA 01901

Signing Officer

Name
Ivanna Solano
Title
Executive Director
Phone
2028306652
Signed
2024-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ivanna Solano
Formed
2021
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
3
Volunteers
25

Preparer

Firm
Youngclaus & Company Pllc
Address
65 LAFAYETTE RD STE 102, NORTH HAMPTON, NH 03862
Preparer
Christina Hickey CPA
Phone
6039642772
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The object of love your magic, inc. Is to positively impact the perception, value, and treatment of black and brown girls in schools through educational services, community engagement, and programming that centers on self- and community- advocacy, self-love, and sisterhood.”

Form 990, Part IX, Line 11G

“Facilitators & speakers 19,440 0 0 youth stipends 1,645 0 0 grant writer 956 957 0 consulting 4,000 0 0 payroll processing fee 741 0 0 total 26,782 957 0”

Raw XML Appendix308 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/BOYAmt077
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE OBJECT OF LOVE YOUR MAGIC, INC. IS TO POSITIVELY IMPACT THE PERCEPTION, VALUE, AND TREATMENT OF BLACK AND BROWN GIRLS IN SCHOOLS THROUGH EDUCATIONAL SERVICES, COMMUNITY ENGAGEMENT, AND PROGRAMMING THAT CENTERS ON SELF- AND COMMUNITY- ADVOCACY, SELF-LOVE, AND SISTERHOOD.
IRS990/AdvertisingGrp/ProgramServicesAmt0505
IRS990/AdvertisingGrp/TotalAmt0505
IRS990/AllOtherContributionsAmt058697
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03521
IRS990/AllOtherExpensesGrp/TotalAmt03521
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0PRISCILLA ALBONETTY
IRS990/BooksInCareOfDetail/PhoneNum09782397851
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06 NATHANIEL WAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0EXETER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd003833
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0276033
IRS990/CashNonInterestBearingGrp/EOYAmt0204250
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt074433
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt074433
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0113197
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0103542
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-71807
IRS990/CYSalariesCompEmpBnftPaidAmt081462
IRS990/CYTotalExpensesAmt0185004
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0113197
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt013833
IRS990/DeferredRevenueGrp/EOYAmt023333
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROGRAMS, CONFERENCES, AND CAMPS THAT CENTER AROUND PROMOTING THE WELL- BEING OF BLACK AND BROWN GIRLS THROUGH SELF-CARE, SELF-ADVOCACY, AND SISTERHOOD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0183546
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt088
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt087
IRS990/FeesForServicesAccountingGrp/TotalAmt0175
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01350
IRS990/FeesForServicesLegalGrp/TotalAmt01350
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0957
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt026782
IRS990/FeesForServicesOtherGrp/TotalAmt027739
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0IVANNA SOLANO
IRS990/Form990PartVIISectionAGrp/PersonNm1JANILLE OLIVO
IRS990/Form990PartVIISectionAGrp/PersonNm2LAURA ASSADE
IRS990/Form990PartVIISectionAGrp/PersonNm3ALICE MITCHELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt052433
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt122000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt054500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0113197
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0413
IRS990/InformationTechnologyGrp/ProgramServicesAmt0413
IRS990/InformationTechnologyGrp/TotalAmt0826
IRS990/InsuranceGrp/ProgramServicesAmt0221
IRS990/InsuranceGrp/TotalAmt0221
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE OBJECT OF LOVE YOUR MAGIC, INC. IS TO POSITIVELY IMPACT THE PERCEPTION, VALUE, AND TREATMENT OF BLACK AND BROWN GIRLS IN SCHOOLS THROUGH EDUCATIONAL SERVICES, COMMUNITY ENGAGEMENT, AND PROGRAMMING THAT CENTERS ON SELF- AND COMMUNITY- ADVOCACY, SELF-LOVE, AND SISTERHOOD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0266023
IRS990/NetAssetsOrFundBalancesEOYAmt0194216
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0266023
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0194216
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt08894
IRS990/OccupancyGrp/TotalAmt08894
IRS990/OfficeExpensesGrp/ProgramServicesAmt05387
IRS990/OfficeExpensesGrp/TotalAmt05387
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0EVENT PLANNING
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc2PHOTOGRAPHY
IRS990/OtherExpensesGrp/Desc3FOOD & BEVERAGE
IRS990/OtherExpensesGrp/ProgramServicesAmt012885
IRS990/OtherExpensesGrp/ProgramServicesAmt19000
IRS990/OtherExpensesGrp/ProgramServicesAmt24337
IRS990/OtherExpensesGrp/ProgramServicesAmt33390
IRS990/OtherExpensesGrp/TotalAmt012885
IRS990/OtherExpensesGrp/TotalAmt19000
IRS990/OtherExpensesGrp/TotalAmt24337
IRS990/OtherExpensesGrp/TotalAmt33390
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0480
IRS990/OtherSalariesAndWagesGrp/TotalAmt0480
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06549
IRS990/PayrollTaxesGrp/TotalAmt06549
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03900
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013299
IRS990/PrincipalOfficerNm0IVANNA SOLANO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0582211
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0216494
IRS990/PYRevenuesLessExpensesAmt0210098
IRS990/PYSalariesCompEmpBnftPaidAmt0155619
IRS990/PYTotalExpensesAmt0372113
IRS990/PYTotalRevenueAmt0582211
IRS990/ReconcilationRevenueExpnssAmt0-71807
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0113197
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0582211
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0129402
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0824810
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0824810
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0113197
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0582211
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0129402
IRS990ScheduleA/Total509Grp/TotalAmt0824810
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0113197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0582211
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0129402
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0824810
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/ExplanationTxt0THE OBJECT OF LOVE YOUR MAGIC, INC. IS TO POSITIVELY IMPACT THE PERCEPTION, VALUE, AND TREATMENT OF BLACK AND BROWN GIRLS IN SCHOOLS THROUGH EDUCATIONAL SERVICES, COMMUNITY ENGAGEMENT, AND PROGRAMMING THAT CENTERS ON SELF- AND COMMUNITY- ADVOCACY, SELF-LOVE, AND SISTERHOOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS WERE PROVIDED A COPY OF THE FORM 990 BEFORE IT WAS FILED IN ORDER TO REVIEW FOR ACCURACY AND COMPLETENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FACILITATORS & SPEAKERS 19,440 0 0 YOUTH STIPENDS 1,645 0 0 GRANT WRITER 956 957 0 CONSULTING 4,000 0 0 PAYROLL PROCESSING FEE 741 0 0 TOTAL 26,782 957 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0279933
IRS990/TotalAssetsEOYAmt0217549
IRS990/TotalAssetsGrp/BOYAmt0279933
IRS990/TotalAssetsGrp/EOYAmt0217549
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0113197
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01458
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0183546
IRS990/TotalFunctionalExpensesGrp/TotalAmt0185004
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013910
IRS990/TotalLiabilitiesEOYAmt023333
IRS990/TotalLiabilitiesGrp/BOYAmt013910
IRS990/TotalLiabilitiesGrp/EOYAmt023333
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0266023
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0194216
IRS990/TotalProgramServiceExpensesAmt0183546
IRS990/TotalReportableCompFromOrgAmt074433
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113197
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0279933
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0217549
IRS990/TravelGrp/ProgramServicesAmt025312
IRS990/TravelGrp/TotalAmt025312
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt036 MARKET STREET UNIT 4
IRS990/USAddress/CityNm0LYNN
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001901
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0LOVEYOURMAGIC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0IVANNA SOLANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02028306652
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOVE YOUR MAGIC INC
ReturnHeader/Filer/BusinessNameControlTxt0LOVE
ReturnHeader/Filer/EIN0872061145
ReturnHeader/Filer/PhoneNum02028306652
ReturnHeader/Filer/USAddress/AddressLine1Txt036 MARKET STREET UNIT 4
ReturnHeader/Filer/USAddress/CityNm0LYNN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001901
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0020493931
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YOUNGCLAUS & COMPANY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt065 LAFAYETTE RD STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH HAMPTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd003862
ReturnHeader/PreparerPersonGrp/PhoneNum06039642772
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINA HICKEY CPA
ReturnHeader/ReturnTs02024-10-29T11:29:06-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$217,549
Liabilities
$23,333
Net assets
$194,216
Revenue
$113,197
Expenses
$185,004
Net income
-$71,807
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.54$0.16$3.38$8.14$5.67$2.47
2024Detailed filing. Detailed filing data is available for this year.$1.29$0.38$0.91$4.29$5.46$1.17
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.23$1.94$1.13$1.85$0.72
2022Detailed filing. Detailed filing data is available for this year.$2.80$0.14$2.66$5.82$3.72$2.10
2021Detailed filing. Detailed filing data is available for this year.$1.78$1.22$0.56$1.33$0.77$0.56