Magical Builders
Nonprofit profile at a glance
- EIN
- 201824726
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Newport Beach, CA, USA
- Phone
- 4802478147
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $179,245
- Expenses
- $176,836
- Assets
- $20,082
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CHRISTINE FRANK (PRESIDENT/BOARD MEMBER)
People named in this filing
- CHRISTINE FRANK (PRESIDENT/BOARD MEMBER)
- JON FRANK (SECRETARY/BOARD MEMBER)
- MARGARET CLOUD (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Unifying people and talent to advance the well-being of underserved children, individuals and their communities through various initiatives including the renovation of charitable facilities serving youth, veterans and those coping with vulnerabilities
What it reported doing in 2024
Ws dodgers project-partnered with major league baseball, the la dodgers, ladf and catching hope foundation to ws dodgers project-along with mlb, la dodger, ladf and catching hope foundation renovated the outdoor space at clifford elementary school in la during the 2024 mlb world series. The together legacy beautification and upgraded space created a literacy corner for the elementary age students
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.1%; rating input score 82
- Program expense ratio: 83.2%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.3%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 32.8% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 16.7% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 82.1% of revenue deployed · 83.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $147K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.