NonprofitsMagic Wand Foundation Inc

Youth Development

Magic Wand Foundation Inc

ROSWELL, GA

Total revenue

$914K

Total expenses

$777K

Net assets

$320K

Grants received

$544K

6 grants

EIN

651047135

Tax year

2024

Mission

To positively influence young people across the world focusing on the goal of youth empowerment. The magic wand foundation (mwf) seeks to spread mindset education globally so that our future leaders can live extraordinary lives and positively impact the world.

Financials

FY 2024

Revenue

Contributions & grants$715K
Program service revenue$48K
Investment income$150K
Other revenue$1K
Total revenue$914K

Expenses

Grants paid
Salaries & benefits$289K
Fundraising
Other expenses$488K
Total expenses$777K
Total assets$321K
Net assets$320K

People

8 listed

NameRoleCompensation

LUPITA KNITTEL

PRESIDENT, BOARD MEMBER

Board

$136K

30 hrs/wk

JEFF WALLER

BOARD MEMBER

Board

$45K

30 hrs/wk

SCOTT SHICKLER

CHIEF EXECUTIVE OFFICER

Board

10 hrs/wk

JUAN CASIMIRO

BOARD MEMBER

Board

10 hrs/wk

VANESSA ASHLOCK

BOARD MEMBER

Board

10 hrs/wk

MITCH SCHLIMER

BOARD MEMBER

Board

10 hrs/wk

FRANK MARESCA

BOARD MEMBER

Board

10 hrs/wk

MATT SMITH

MANAGER

Staff

$87K

40 hrs/wk

Independent contractors

NICOLE ARMSTRONG (ARMSTRONG HOLDINGS IN

MANAGEMENT CONSULTING

$133K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$100K
SUPPORT THE MISSION
2024
$209K
For grant recipient's exempt purposes
2023
$100K
SUPPORT THE MISSION
2023
$25K
GENERAL SUPPORT
2023
$50K
For grant recipient's exempt purposes
2022
$60K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$544K from 3 funders · 6 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$319K · 3 grants · 2017–2023

Mckelvey Family Foundation

$200K · 2 grants · 2023–2024

United Way Of Greater Atlanta Inc

$25K · 1 grant · 2023

Details

EIN651047135
NTEE codeO50
Subsection03
Ruling date2023-09
Formed2000
Employees3
Volunteers0
MAGIC WAND FOUNDATION INC — Mission, Financials & Grants Received | Grantivo