Overview
What is Magic Always Happens A Nj Nonprofit Corporation?
Magic Always Happens A NJ Nonprofit Corporation is a 501(c)(3) organization, headquartered in Bayonne, New Jersey. Their primary mission is to increase awareness, education, research, and services related to autism and other physical or mental disabilities/disorders. They achieve this by organizing national and international events, conferences, summits, and meetings, as well as providing assistance in diagnostics, therapy, psychotherapy, and treatment. The organization also aims to network and collaborate with various entities to enhance their reach and impact. Additionally, they focus on collaboration, diagnostics, therapy, and treatment for individuals with special needs or other physical or mental health disorders and diseases, across all age groups.
Official website here: www.magicalwayshappens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Overall Score: 61%
Star Rating: Two-Star out of Four Stars
Magic Always Happens A Nj Nonprofit Corporation has received a rating of "Needs Improvement" with an overall score of 61%, indicating areas that require attention. While the organization excels in having a fully independent board and demonstrates good practices in areas such as material diversion of assets and board meeting documentation, there are significant weaknesses in their accountability and finance practices.
The nonprofit has scored poorly on several key governance policies, receiving a zero for both its conflict of interest and whistleblower policies. Additionally, it does not have a clear document retention and destruction policy, which raises concerns about transparency and organizational integrity. The lack of financial documentation on their website further detracts from their accountability.
On a positive note, the organization has a strong program expense ratio, suggesting that a significant portion of its budget is directed toward its programs. However, the liabilities to assets ratio is notably weak, indicating potential financial vulnerabilities that could impact its sustainability. Overall, while there are some commendable practices in place, significant improvements in governance and financial transparency are necessary for Magic Always Happens A Nj Nonprofit Corporation to enhance its standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Magic Always Happens A Nj Nonprofit Corporation legitimate?
Magic Always Happens A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magic Always Happens A Nj Nonprofit Corporation 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.magicalwayshappens.org
What is the mission statement of Magic Always Happens A Nj Nonprofit Corporation?
Magic Always Happens A Nj Nonprofit Corporation's mission is centered around increasing awareness and providing services related to autism. The organization focuses on various aspects, such as education, research, networking, collaboration, diagnosis, therapy, psychotherapy, and treatment. It extends its assistance not only to individuals on the autism spectrum but also to those with other special needs, disabilities, or mental health disorders and diseases. The nonprofit corporation aims to expand its reach nationally and locally, working towards improving the lives of people of all ages affected by these conditions.
Official website here: www.magicalwayshappens.org
Who is the CEO of Magic Always Happens A Nj Nonprofit Corporation?
Neophytos Papaneophytou is the Secretary of Magic Always Happens A Nj Nonprofit Corporation.
Official website here: www.magicalwayshappens.org
What is the revenue of Magic Always Happens A Nj Nonprofit Corporation?
Magic Always Happens A Nj Nonprofit Corporation's revenue in 2021 was $1,600.
Official website here: www.magicalwayshappens.org
Who are the executives of Magic Always Happens A Nj Nonprofit Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.magicalwayshappens.org
Where can I find the form 990 for Magic Always Happens A Nj Nonprofit Corporation?
Magic Always Happens A Nj Nonprofit Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.magicalwayshappens.org
Learn more at the official website: www.magicalwayshappens.org
Mission Statement of Magic Always Happens A Nj Nonprofit Corporation
Magic Always Happens A NJ Nonprofit Corporation is committed to establishing and expanding local and national awareness and services related to autism. Their primary focus is on increasing education, research, networking, collaboration, diagnosis, therapy, psychotherapy, and treatment, as well as other assistance for individuals across all age groups on the autism spectrum. This nonprofit organization extends its support to individuals with special needs, disabilities, or other physical or mental health disorders and diseases. By doing so, Magic Always Happens A NJ Nonprofit Corporation aims to create a more inclusive and supportive environment for those affected by these conditions.
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Impact
August, 2024
Magic Always Happens has made a significant impact in establishing and expanding local and national awareness and services for individuals on the autism spectrum and others with special needs, disabilities, or mental health disorders. The organization focuses on increasing education, research, networking, collaboration, diagnosis, therapy, psychotherapy, and treatment services for people of all ages facing these challenges. Through their charitable activities, including organizing events, conferences, summits, and meetings, Magic Always Happens maximizes awareness, research, and assistance related to autism and other physical and mental disabilities. Their efforts aim to provide comprehensive support to improve the lives of individuals across the spectrum of special needs and disorders.
This information is meant to be a general summary of Magic Always Happens A Nj Nonprofit Corporation. 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 2021.
- Program Service Revenue: $1,600
- Gross Receipts: $1,600
Assets and Liabilities:
- Total Assets: $3,441
- Total Liabilities: $3,406
- Net Assets: $35
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$1,600
Organization Details
Phone
(646) 239-1048Principal Officer
Neophytos Papaneophytou
Main Address
14 CENTRE LN, BAYONNE, NJ, 070021811
Website
www.magicalwayshappens.orgNTEE Category
Code: G20 - Disease
If you are a representative of Magic Always Happens A Nj Nonprofit Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.