MAGIC MOMENTS

EIN: 630887875 501(c)(3) Health Care

BIRMINGHAM, AL

Total Revenue
$1,414,957
Total Expenses
$1,094,978
Total Assets
$2,068,233
Net Assets
$1,665,373
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
AL
Principal Officer
RACHEL ROUNSAVILLE
Phone
2057775700
Tax Period
2024-01-01 to 2024-12-31

MAGIC MOMENTS INC, founded in 1984, is a small nonprofit in the Health Care sector that reported $729K in total revenue in fiscal year 2018. Expenses of $861K exceeded revenue, resulting in a 18% operating deficit.

Mission

SEE SCH O FOR ORGANIZATION MISSION STATEMENTMAGIC MOMENTS GRANTS NON-MEDICAL MAGIC MOMENTS TO CHILDREN AGES 4 18 WITH CHRONIC LIFE-THREATENING OR ACUTE LIFE-ALTERING CONDITIONS, WHO LIVE OR RECEIVE TREATMENT IN THE STATE OF ALABAMA, AS WELL AS CONTINUE A RELATIONSHIP THROUGH OUR BEYOND THE MOMENT PROGRAM

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,682,673
Program Service Revenue $0
Investment Income $62,203
Other Revenue $-329,919
TOTAL REVENUE $1,414,957

Expense Breakdown

Grants Paid $525,536
Salaries & Benefits $462,890
Fundraising Expenses $181,704
Program Expenses $789,152
Other Expenses $106,552
TOTAL EXPENSES $1,094,978

Year-over-Year Comparison

2024 2023 Change
Revenue $1,414,957 $1,179,073 +0.2%
Expenses $1,094,978 $1,048,900 +0.0%
Net Income $319,979 $130,173 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
28
Independent Members
28
Employees
7
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
1
$0
Total Directors
18
$116,630
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADAM PECK BOARD MEMBER 5.00
Director
$0 $0 $0
AGATHA PIHAKIS BOARD MEMBER 5.00
Director
$0 $0 $0
BETSY FRENCH BOARD MEMBER 5.00
Director
$0 $0 $0
BUBBA ARMSTRONG BOARD MEMBER 5.00
Director
$0 $0 $0
BUFFIE MARKS MEMBER EMERITUS 5.00
Director
$0 $0 $0
CHRISTY SMITH BOARD MEMBER 5.00
Director
$0 $0 $0
GARLAND YOUNGBLOOD BOARD MEMBER 5.00
Director
$0 $0 $0
HUD HUDSON BOARD MEMBER 5.00
Director
$0 $0 $0
JANE HUSTON CROMMELIN BOARD MEMBER 5.00
Director
$0 $0 $0
JIM HEILBRON BOARD MEMBER 5.00
Director
$0 $0 $0
KELLY MORRISON CHAIRPERSON 5.00
Officer Director
$0 $0 $0
LAUREN GOEDECKE BOARD MEMBER 5.00
Director
$0 $0 $0
LAYNE HELD BOARD MEMBER 5.00
Director
$0 $0 $0
ROB HOWLAND BOARD MEMBER 5.00
Director
$0 $0 $0
RYAN FREDELLA BOARD MEMBER 5.00
Director
$0 $0 $0
SANDRA NARAMORE EXECUTIVE DIRECTOR 50.00
Director
$116,630 $0 $116,630
SHELLEY CLARK BOARD MEMBER 5.00
Director
$0 $0 $0
THERESA FRIEDMAN BOARD MEMBER 5.00
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
2024 $1,414,957 $1,094,978 $2,068,233 $319,979
2023 $1,179,073 $1,048,900 $1,827,669 $130,173
2022 $1,091,940 $884,691 $1,694,386 $207,249
2021 $1,111,228 $783,179 $1,461,287 $328,049
2020 $905,588 $651,199 $1,132,146 $254,389
2019 $945,949 $868,164 $799,199 $77,785
2018 $729,434 $861,148 $753,662 $-131,714
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