MAGICAL MIX KIDS C/O JIM COLOFF

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

JIM COLOFF

Phone

3192771918

Tax Period

2019-01-01 to 2019-12-31

MAGICAL MIX KIDS C/O JIM COLOFF, founded in 1999, is a micro nonprofit in the Health Care sector that reported $96K in total revenue in fiscal year 2019. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $111K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE A WORRY-FREE VACATION FOR CHRONICALLY AND TERMINALLY ILL CHILDREN OF NORTHEAST IOWA.

Program Service Accomplishments

Program 1

Expenses: $105,372

PROVIDE VACATION TRIP FOR CHRONICALLY OR TERMINALLY ILL CHILDREN AND THEIR FAMILIES FOR OVER 125 PEOPLE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $108,214

Program Service Revenue $0

Investment Income $12

Other Revenue $-12,080

TOTAL REVENUE $96,146

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,372

Other Expenses $110,650

TOTAL EXPENSES $110,650

Year-over-Year Comparison

	2019	2018	Change
Revenue	$96,146	$190,931	-0.5%
Expenses	$110,650	$81,351	+0.4%
Net Income	$-14,504	$109,580	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM COLOFF	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANN MARIE NIELSEN	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
KIM HANSEN	TREASURER	1.00	Officer Director	$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
2019	$96,146	$110,650	$222,481	$-14,504
2018	$190,931	$81,351	$236,985	$109,580