Overview
What is Magical Moon Foundation Inc?
The Magical Moon Foundation Inc, located in Marshfield Hills, Massachusetts, is a charitable organization dedicated to supporting children battling cancer and other life-threatening illnesses. By offering an alternative environment beyond medical routines, they facilitate the creation of friendships, encourage play, and empower these children to take ownership of projects, thereby boosting their morale during their challenging journey against their illnesses. The foundation's mission is to provide nurturing and assistance to these children, enabling them to feel like brave knights in their quest for recovery.
Official website here: www.magicalmoon.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
Magical Moon Foundation Inc has received a Three-Star rating, reflecting a solid performance in accountability and finance. The organization has demonstrated a commitment to transparency, with 100% of its board members being independent and a high program expense ratio of 88.49%, indicating that a significant portion of its resources is directed towards its charitable programs. These strengths contribute to the foundation's overall reliability and effectiveness in fulfilling its mission.
However, there are notable limitations in the organization's governance policies. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, which are critical for ensuring ethical operations and safeguarding against potential risks. These missing components may raise concerns among some donors about the foundation's governance practices.
Overall, while Magical Moon Foundation Inc has strong financial management and transparency, addressing its governance policy gaps would enhance its credibility and allow for greater donor confidence. Stakeholders might benefit from monitoring improvements in these areas to ensure the organization continues to uphold high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Magical Moon Foundation Inc legitimate?
Magical Moon Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magical Moon Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
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Official website here: www.magicalmoon.org
What is the mission statement of Magical Moon Foundation Inc?
The Magical Moon Foundation's mission is centered around supporting children battling cancer and other life-threatening illnesses. They create an environment separate from medical routines, enabling these children to establish friendships, engage in play, take charge of projects, and feel like knights in their personal battles against their illnesses. This supportive environment is made possible through public contributions to the foundation.
Official website here: www.magicalmoon.org
Who is the CEO of Magical Moon Foundation Inc?
Adam Ferguson is the Director of Magical Moon Foundation Inc.
Official website here: www.magicalmoon.org
What is the revenue of Magical Moon Foundation Inc?
Magical Moon Foundation Inc's revenue in 2022 was $196,401.
Official website here: www.magicalmoon.org
Who are the executives of Magical Moon Foundation Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.magicalmoon.org
Where can I find the form 990 for Magical Moon Foundation Inc?
Magical Moon Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magicalmoon.org
Learn more at the official website: www.magicalmoon.org
Mission Statement of Magical Moon Foundation Inc
The Magical Moon Foundation Inc, in its mission, nurtures and supports children battling cancer and other life-threatening illnesses and diseases. It creates an environment separate from medical routines, allowing these children to form friendships, engage in play, assume ownership of projects, and feel recognized in their fight against their illnesses, earning them the title of 'knights.' The foundation relies on public support to carry out this mission, thereby providing a much-needed respite and boost of morale for these young courageous individuals.
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Impact
October, 2024
Magical Moon Foundation Inc significantly impacts the lives of children battling cancer and other life-threatening diseases by creating a supportive and nurturing environment that transcends medical routines. By offering children a space to play, build friendships, and engage in various projects, the foundation empowers them to take ownership of their journeys and instills a sense of hope and camaraderie.
Through initiatives like knightings, children are not only celebrated but also encouraged to view themselves as warriors in their fights against illness. The foundation fosters a community where joy and creativity thrive, helping to alleviate some of the emotional burdens these young individuals face, allowing them to connect with peers who understand their struggles. This holistic approach enriches their lives, offering moments of happiness and a sense of normalcy amid challenging circumstances.
This information is meant to be a general summary of Magical Moon Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24
- Gross Receipts: $196,401
Assets and Liabilities:
- Total Assets: $55,046
- Total Liabilities: $0
- Net Assets: $55,046
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Organization Details
Founding Year
2004
Phone
(781) 837-1618Principal Officer
Adam Ferguson
Main Address
PO BOX 83, MARSHFIELD HILLS, MA, 02051
Website
www.magicalmoon.orgNTEE Category
Code: G193 - Disease
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