MAGIC FUND INC (EIN 830695255) - Form 990 Financial Analysis & Trantor Score

🔒

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

2018

Legal Domicile

Principal Officer

MARIAH STEIGER

Phone

5307981427

Tax Period

2024-01-01 to 2024-12-31

MAGIC FUND INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $268K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $229K left a modest 15% surplus.

Mission

THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO WORK TOWARD THE RECUE AND SUSTAINABLE PROGRESS OF THE INDIGENOUS PEOPLE AND CULTURES OF THE COLOMBIAN AMAZON.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $268,215

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $268,215

Expense Breakdown

Grants Paid $185,225

Salaries & Benefits $3,000

Fundraising Expenses $0

Program Expenses $187,555

Other Expenses $40,841

TOTAL EXPENSES $229,066

Year-over-Year Comparison

	2024	2023	Change
Revenue	$268,215	$210,850	+0.3%
Expenses	$229,066	$85,204	+1.7%
Net Income	$39,149	$125,646	-0.7%

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
MARIAH STEIGER	President	15.00	Officer Director	$0	$0	$0
SAMANTHA CUSHING	Vice President	10.00	Officer Director	$0	$0	$0
ARACELI VALEQUEZ	Secretary	3.00	Officer Director	$0	$0	$0
JAEDON KHUBANI	Treasurer	3.00	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
2024	$268,215	$229,066	$221,341	$39,149
2023	$210,850	$85,204	$182,192	$125,646

MAGIC FUND INC