B โ€” EducationEIN: 813801305ยท Ruling Year: 2017

Magic Foundation

New Hope, Pennsylvania

B+Health Score
68B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

๐Ÿ’ฐ
$145K
Total Revenue
๐Ÿ“Š
$48K
Total Expenses
๐Ÿฆ
$345K
Net Assets
๐Ÿ“‹
$5K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+95.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+66.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.13
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$144,780โ†‘96%$48,361โ†‘47%$349,820โ†‘40%
2022$73,965โ†“4%$32,959โ†‘62%$249,281โ†‘19%
2021$76,694โ†“24%$20,311โ†‘16%$209,686โ†‘39%
2020$100,347โ†‘137%$17,439โ†‘224%$151,372โ†‘103%
2019$42,316โ†‘82%$5,384โ†“50%$74,386โ†‘99%
2018$23,215โ†“28%$10,761โ†‘46%$37,454โ†‘50%
2017$32,361โ†‘362%$7,361โ†‘5%$25,000โ†‘2499900%
2016$7,011$7,011$1

Frequently Asked Questions

What does Magic Foundation do?โ–ผ

Magic Foundation is a education nonprofit organization based in Pennsylvania. It is classified under NTEE code B19 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Magic Foundation financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Magic Foundation.

How much revenue does Magic Foundation generate?โ–ผ

Magic Foundation reports $106K in annual revenue and holds $402K in total assets, based on IRS filings.

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Magic Foundation โ€” New Hope, PA | GiveScope