MAGIC GARDEN INC

EIN: 042762641 501(c)(3) Education

LINCOLN, MA

Total Revenue
$2,071,534
Total Expenses
$2,046,635
Total Assets
$2,218,814
Net Assets
$1,972,901
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MA
Principal Officer
JEFFREY SINDER
Phone
7812598161
Tax Period
2024-09-01 to 2025-08-31

MAGIC GARDEN INC, founded in 1982, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

MAGIC GARDEN CHILDREN'S CENTER WAS FOUNDED ON THE PRINCIPLE THAT CHILDREN LEARN BEST BY ENGAGING IN A DIVERSE CURRICULUM OF HANDS-ON ACTIVITIES. IN OUR WARM AND NURTURING ENVIRONMENT, CHILDREN FIND FRIENDSHIP AND SUPPORT AS THEY BROADEN THEIR UNDERSTANDING OF THEMSELVES, OTHERS, AND THE WORLD AROUND THEM. WE EMPOWER CHILDREN TO BE CONFIDENT IN THEIR INDIVIDUAL IDENTITIES, RESPECTFUL OF DIFFERENT PERSPECTIVES, AND AWARE OF THE RICH DIVERSITY OF THEIR COMMUNITY AND WORLD. MAGIC GARDEN SEEKS TO CULTIVATE CHILDREN'S NATURAL CURIOSITY AND PROMOTE A LIFETIME LOVE OF LEARNING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $67,432
Program Service Revenue $1,952,688
Investment Income $51,414
Other Revenue $0
TOTAL REVENUE $2,071,534

Expense Breakdown

Grants Paid $20,319
Salaries & Benefits $1,709,477
Fundraising Expenses $0
Program Expenses $1,913,162
Other Expenses $316,839
TOTAL EXPENSES $2,046,635

Year-over-Year Comparison

2024 2023 Change
Revenue $2,071,534 $1,844,440 +0.1%
Expenses $2,046,635 $1,834,736 +0.1%
Net Income $24,899 $9,704 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
5
Employees
36
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$253,994
Total Directors
7
$132,725
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELYSSA ATWOOD STAFF/DIRECTOR 40.00
Director
$63,742 $10,661 $74,403
ELLEN LEMBO STAFF/DIRECTOR 40.00
Director
$58,322 $0 $58,322
MEG MACILVAIN CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
JEFFREY SINDER CO-PRESIDENT/TREASURER 5.00
Officer Director
$0 $0 $0
THUTRANG NGUYEN SECRETARY 1.00
Officer Director
$0 $0 $0
CATHY BOEGE DIRECTOR 1.00
Director
$0 $0 $0
ERIN RIST DIRECTOR 1.00
Director
$0 $0 $0
LORNA LEO EXECUTIVE DIRECTOR 40.00
Officer
$121,980 $10,661 $132,641
SUSAN SCALISI ASSISTANT DIRECTOR 40.00
Officer
$111,250 $10,103 $121,353
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,071,534 $2,046,635 $2,218,814 $24,899
2024 No data No data No data No data
2023 $2,191,767 $1,719,682 $2,226,029 $472,085
2022 $2,183,316 $1,731,071 $1,669,759 $452,245
2021 $1,491,823 $1,553,327 $1,226,793 $-61,504
2020 $1,592,390 $1,603,665 $1,202,706 $-11,275
2019 $1,510,661 $1,545,594 $1,313,371 $-34,933
2018 $1,325,691 $1,212,834 $1,331,488 $112,857
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