Magicwaste Youth Foundation Inc

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

EIN: 814841755 ✦ Doral, FL ✦ Designated as a 501(c)(3)

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Overview

What is Magicwaste Youth Foundation Inc?

Magicwaste Youth Foundation Inc, located in Doral, Florida, is a nonprofit organization that primarily engages in fundraising activities. Their primary mission is to support various not-for-profit and public agencies that work towards providing housing for youth. One of their key initiatives is the Excalibur Youth Empowerment Project, which offers annual housing subsidies to eligible former foster youth from Miami-Dade and Monroe counties. These subsidies are made possible through private donations to the foundation, which they refer to as Excalibur benefactors. The foundation operates with a focus on supporting the housing needs of youth, demonstrating their commitment to this cause.


Official website here: www.outoffoster.org

Is Magicwaste Youth Foundation Inc legitimate?

Magicwaste Youth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magicwaste Youth 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.outoffoster.org

What is the mission statement of Magicwaste Youth Foundation Inc?

The Magicwaste Youth Foundation Inc is dedicated to raising funds to support nonprofit and public agencies that focus on providing housing for youth. Their primary mission is to provide annual housing subsidies to eligible former foster youth, specifically from Miami-Dade and Monroe counties, through the Excalibur Youth Empowerment Project. This initiative is funded through private fundraising, with the aim of benefiting those youth who meet the Foundation's requirements. By supporting these organizations, the Magicwaste Youth Foundation Inc plays a crucial role in ensuring that vulnerable youth have access to safe and stable housing.


Official website here: www.outoffoster.org

What is the revenue of Magicwaste Youth Foundation Inc?

Magicwaste Youth Foundation Inc's revenue in 2023 was $136,365.


Official website here: www.outoffoster.org

Who are the executives of Magicwaste Youth Foundation Inc and what are their salaries?

There 15 volunteers at Magicwaste Youth Foundation Inc.

Here are 15 key members and their salaries:


Rodolfo V Bustamante (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilma Nazario (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebeca C Trujillo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Ceballos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susana Goode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adalberto Maulini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Trejos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nelson Roach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco Robleto Jr (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bayardo Aleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lissete Hermida (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jorge A Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Lastra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Montoya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Ochoa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.outoffoster.org

Where can I find the form 990 for Magicwaste Youth Foundation Inc?

Magicwaste Youth Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.outoffoster.org

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

Mission Statement of Magicwaste Youth Foundation Inc

Magicwaste Youth Foundation Inc, in its mission, focuses on raising funds to support various not-for-profit and public agencies. The primary goal of this foundation is to aid these organizations in providing housing for youth. Through their initiative, the Excalibur Youth Empowerment Project, they provide annual housing subsidies to eligible young adults, aged between 18 and 23, hailing from Miami-Dade and Monroe counties. The funding for this project is sourced from private donors, referred to as Excalibur benefactors. The mission of Magicwaste Youth Foundation Inc is thus centered around empowering young individuals by ensuring they have a stable housing environment, which is a crucial foundation for their personal growth and development.

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Impact




October, 2024

Magicwaste Youth Foundation Inc has a significant impact by directly supporting former foster youth, specifically those aged 18 to 23, in Miami-Dade and Monroe counties. Through the Excalibur Youth Empowerment Project, the foundation provides annual housing subsidies to eligible candidates, helping to address the critical issue of housing insecurity among this vulnerable population. By leveraging private contributions from Excalibur benefactors, the foundation enhances the stability and opportunities for youth who have aged out of the foster care system, enabling them to build independent lives. This initiative not only offers financial support but also fosters a sense of community and empowerment, ultimately contributing to a brighter future for these young individuals.




This information is meant to be a general summary of Magicwaste Youth 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.

Revenue
$136,365 (2023)
Expenses
$67,773 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $30,000
  • Gross Receipts: $136,365

Assets and Liabilities:

  • Total Assets: $160,625
  • Total Liabilities: $0
  • Net Assets: $160,625

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Programs

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

Excalibur Sponsor

Revenue

$30,000

Organization Details

Founding Year

2016

Principal Officer

Rodolfo V Bustamante

NTEE Category

Code: P12 - Human services

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