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Magi Fund Inc Luna

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521903823 ✦ Salisbury, MD ✦ Designated as a 501(c)(3)

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Overview

What is Magi Fund Inc Luna?

Magi Fund Inc Luna is a nonprofit organization dedicated to fundraising efforts. Its primary mission is to support various human service charities by raising funds and providing resources. As a non-profit fundraising organization, Magi Fund Luna works tirelessly to assist other organizations in their missions, contributing to the betterment of society. Based on the provided information, the specifics of their activities or programs are not detailed, but the organization's commitment to helping other charities is clear.

Is Magi Fund Inc Luna legitimate?

Magi Fund Inc Luna is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magi Fund Inc Luna 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

What is the mission statement of Magi Fund Inc Luna?

Magi Fund Inc Luna, as a non-profit organization, prioritizes fundraising to aid human service charities. Its mission is to provide financial support and assistance to these organizations, serving as a catalyst for their humanitarian efforts. Magi Fund Luna functions as a fundraising entity, dedicating its resources to enhance the capabilities and impact of these charities in their respective communities.

Who is the CEO of Magi Fund Inc Luna?

Bonnie Nelson Luna is the Trustee of Magi Fund Inc Luna.

What is the revenue of Magi Fund Inc Luna?

Magi Fund Inc Luna's revenue in 2022 was $106,744.

Who are the executives of Magi Fund Inc Luna and what are their salaries?


Here are 8 key members and their salaries:


Kathy Alessi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Cassidy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Palmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Cockey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Nelson Luna (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Neat (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Magi Fund Inc Luna?

Magi Fund Inc Luna's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Magi Fund Inc Luna

Magi Fund Luna, a non-profit organization, is dedicated to fundraising efforts to support various human service charities. Its mission is centered around raising funds and providing assistance to these organizations, thereby contributing to their Noble causes. Magi Fund Luna functions as a non-profit fundraising entity, playing a crucial role in aiding human service organizations in their endeavors.

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Impact




October, 2024

Magi Fund Inc Luna plays a vital role in bolstering the efforts of various human service organizations by raising essential funds. Its impact is primarily seen through the financial support it provides, which enables these organizations to expand their reach and improve their services to vulnerable communities. By channeling resources to charities focused on human services, Magi Fund Luna contributes to the overall well-being of individuals and families, ensuring they have access to necessary support and resources. The organization operates out of Salisbury, MD, leveraging local networks and partnerships to amplify its fundraising efforts and enhance the effectiveness of the charities it supports. Its mission underscores a commitment to fostering collaboration within the nonprofit sector, ultimately enriching the lives of those in need.




This information is meant to be a general summary of Magi Fund Inc Luna. 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.

Revenue
$106,744 (2022)
Expenses
$114,491 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24
  • Program Service Revenue: $32,190
  • Gross Receipts: $106,744

Assets and Liabilities:

  • Total Assets: $710,340
  • Total Liabilities: $0
  • Net Assets: $710,340

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORSHIP INCOME

Revenue

$32,190

Organization Details

Principal Officer

Bonnie Nelson Luna

Main Address

1210 ORCHARD CIRCLE, SALISBURY, MD, 21803

NTEE Category

Code: P20 - Human services

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