MAGIC INCORPORATED (EIN 942638200) - 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

1979

Legal Domicile

Principal Officer

David Schrom

Phone

6503237333

Tax Period

2023-01-01 to 2023-12-31

MAGIC INCORPORATED, founded in 1979, is a small nonprofit in the Environment sector that reported $708K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $384K, a strong 54% operating margin.

Mission

Further common interests of humankind by sustaining a residential service learning community to research and teach how people may apply human ecology to discern value more accurately and realize it more fully.

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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 $316,209

Program Service Revenue $295,809

Investment Income $95,623

Other Revenue $0

TOTAL REVENUE $707,641

Expense Breakdown

Grants Paid $58,523

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $296,686

Other Expenses $264,625

TOTAL EXPENSES $323,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$707,641	$466,255	+0.5%
Expenses	$323,148	$336,265	0.0%
Net Income	$384,493	$129,990	+2.0%

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

N/A

Volunteers

300

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

$26,300

Total Directors

$26,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Schrom	Director, Secretary/Treasurer	40	Officer Director	$0	$20,000	$20,000
Robin Bayer	Director, President	20	Officer Director	$0	$6,300	$6,300
Santiago Escruceria	Director	1	Director	$0	$0	$0
Dinesh Dutt	Director	2	Director	$0	$0	$0
Bradley Zlotnick	Director	2	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	No data	No data	No data	No data
2023	$707,641	$323,148	$5,632,397	$384,493
2022	$466,255	$336,265	$5,097,461	$129,990
2021	$438,038	$313,525	$5,599,503	$124,513
2020	$440,677	$272,332	$5,220,563	$168,345

MAGIC INCORPORATED