Magic Foundation

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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

1989

Legal Domicile

Principal Officer

Dianne Kremidas

Phone

7084739598

Tax Period

2025-01-01 to 2025-12-31

Magic Foundation, founded in 1989, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2025. Net assets of $2.8M represent 25 months of operating reserves.

Mission

The Magic Foundation provides support services to families of children afflicted with a wide variety of disorders, syndromes and diseases that affect a childs growth. The Organization's commitment and vision is to reduce emotional and physical trauma caused by growth disorders, resulting in happier, healthier children and consequently, adults.

Program Service Accomplishments

Program 1

Expenses: $1,026,338 Revenue: $1,904

The Organization provides specific assistance to families of children with growth disorders. Magic Foundation provides information and education materials on growth disorders through a newsletter and website. An annual convention is held to provide further assistance and education. Magic Foundation also participates in International Coalition of Organizations Supporting Endocrine Patients, which is a federation of patient advocate associations representing more than 35 countries, medical societies and child advocate supporters.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,285,371

Program Service Revenue $0

Investment Income $33,412

Other Revenue $28,204

TOTAL REVENUE $1,346,987

Expense Breakdown

Grants Paid $0

Salaries & Benefits $561,597

Fundraising Expenses $38,887

Program Expenses $1,026,338

Other Expenses $753,514

TOTAL EXPENSES $1,315,111

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,346,987	$1,271,278	+0.1%
Expenses	$1,315,111	$1,301,514	+0.0%
Net Income	$31,876	$-30,236	-2.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$244,131

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rich Buckley	Chairman	1.00	Officer Director	$0	$0	$0
Ken Dickard	Vice-Chairman	1.00	Officer Director	$0	$0	$0
Courtney Lance-Morakalis	Director/Secretary	1.00	Officer Director	$0	$0	$0
Brian Papo	Director	1.00	Director	$0	$0	$0
James Andrews	Director	1.00	Director	$0	$0	$0
Russ Hazael	Director	1.00	Director	$0	$0	$0
Dianne Kremidas	Executive Director	40.00	Officer	$115,500	$13,956	$129,456
Jamie Harvey	Co-Founder/Dir Tech Ed	40.00	Officer	$0	$0	$0
Mary Andrews	CEO and Co-Founder	40.00	Officer	$105,000	$9,675	$114,675
Teresa Tucker	Co-Founder	40.00	Officer	$0	$0	$0

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	$1,346,987	$1,315,111	$2,885,545	$31,876
2024	$1,271,278	$1,301,514	$2,754,837	$-30,236
2023	$1,244,747	$1,219,257	$2,758,895	$25,490
2022	$976,579	$976,446	$2,697,351	$133
2021	$1,415,154	$935,413	$2,737,360	$479,741
2020	$918,619	$1,030,578	$2,355,155	$-111,959
2019	$904,110	$1,007,797	$2,393,545	$-103,687
2018	$1,196,726	$978,108	$2,474,330	$218,618