MAGIC WAND FOUNDATION INC (EIN 651047135) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

SCOTT SHICKLER

Phone

6788212862

Tax Period

2023-01-01 to 2023-12-31

MAGIC WAND FOUNDATION INC, founded in 2000, is a small nonprofit in the Youth Development sector that reported $579K in total revenue in fiscal year 2023. The organization ran a surplus of $139K, a strong 24% operating margin.

Mission

TO POSITIVELY INFLUENCE YOUNG PEOPLE ACROSS THE WORLD FOCUSING ON THE GOAL OF YOUTH EMPOWERMENT. THE MAGIC WAND FOUNDATION (MWF) SEEKS TO SPREAD MINDSET EDUCATION GLOBALLY SO THAT OUR FUTURE LEADERS CAN LIVE EXTRAORDINARY LIVES AND POSITIVELY IMPACT THE WORLD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $513,310

Program Service Revenue $65,935

Investment Income $0

Other Revenue $0

TOTAL REVENUE $579,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,611

Fundraising Expenses $0

Program Expenses $293,496

Other Expenses $279,119

TOTAL EXPENSES $440,730

Year-over-Year Comparison

	2023	2022	Change
Revenue	$579,245	N/A	N/A
Expenses	$440,730	$2,133	+205.6%
Net Income	$138,515	$-2,133	-65.9%

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

Total Directors

$25,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF WALLER	BOARD MEMBER	10.00	Director	$25,000	$0	$25,000
MITCH SCHLIMER	BOARD MEMBER	10.00	Director	$0	$0	$0
SCOTT SHICKLER	CHIEF EXECUTIVE OFFICER	10.00	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
2024	No data	No data	No data	No data
2023	$579,245	$440,730	$182,946	$138,515
2019	$245,367	$253,715	$946	$-8,348

MAGIC WAND FOUNDATION INC