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Magic Charities Foundation

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

EIN: 813801305 ✦ New hope, PA ✦ Designated as a 501(c)(3)

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Overview

What is Magic Charities Foundation?

The Magic Charities Foundation is a nonprofit organization that prioritizes the welfare of children. Their primary focus lies in promoting education and raising funds to support this cause. They accomplish this by engaging in fundraising activities and distributing the collected funds appropriately. The organization's mission is to advocate for and invest in the well-being of children, working tirelessly to ensure a brighter future for the next generation.


Official website here: www.magiccharities.org

Is Magic Charities Foundation legitimate?

Magic Charities Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magic Charities Foundation submitted a form 990EZ, 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.


Official website here: www.magiccharities.org

What is the mission statement of Magic Charities Foundation?

The Magic Charities Foundation is committed to advocating for and financially supporting the well-being of children. They achieve this goal through their initiatives in education fundraising and distributing funds. The organization's mission is centered around improving the lives of children, focusing on their overall development and welfare. By raising funds and strategically distributing them, they aim to make a significant impact on children's lives, particularly in the educational sector. The foundation's activities are geared towards enhancing children's opportunities and ensuring they have the necessary resources for a better future.


Official website here: www.magiccharities.org

Who is the CEO of Magic Charities Foundation?

Marty Babicki is the Coo of Magic Charities Foundation. The CEO's salary of Magic Charities Foundation is $0 and their total compensation is $0.


Official website here: www.magiccharities.org

What is the revenue of Magic Charities Foundation?

Magic Charities Foundation's revenue in 2022 was $73,965.


Official website here: www.magiccharities.org

Who are the executives of Magic Charities Foundation and what are their salaries?


Here are 9 key members and their salaries (Magic Charities Foundation's CEO's salary is $0 and their total compensation is $0):


Steve A Grosso (Chairman & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Grosso (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Babicki (Coo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Pura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Atherholt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Capparelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Rafter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.magiccharities.org

Where can I find the form 990EZ for Magic Charities Foundation?

Magic Charities Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.magiccharities.org

Learn more at the official website: www.magiccharities.org

Mission Statement of Magic Charities Foundation

The Magic Charities Foundation is an organization that actively advocates for and invests in the well-being of children. They achieve this by engaging in educational fundraising and distributing funds. The foundation's mission is to contribute to the betterment of children's lives, focusing on the provision of necessary resources and support. By raising funds through various means and strategically distributing them, Magic Charities Foundation aims to make a significant impact on children's lives, ensuring their overall well-being.

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Impact




August, 2024

The impact of the Magic Charities Foundation can be seen in the positive changes it brings to children's lives through education fundraising and fund distribution activities. By advocating for and investing in the well-being of children, the foundation is working towards a brighter future for the youth in the community.




This information is meant to be a general summary of Magic Charities Foundation. 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
$73,965 (2022)
Expenses
$32,959 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $101,378

Assets and Liabilities:

  • Total Assets: $249,281
  • Total Liabilities: $781
  • Net Assets: $248,500

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Organization Details

Principal Officer

Marty Babicki

Main Address

6805 Route 202, New Hope, PA, 18938

NTEE Category

Code: B19 - Education

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