TPhilanthropy, Voluntarism & GrantmakingEIN: 873645273· Ruling Year: 2022

Be The Magic Foundation Inc

Ft Walton Bch, Florida

FHealth Score
19F

Financial Health Score

Provisional

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Insufficient Data

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.04×
Peer Median18.82×
💰
$88K
Total Revenue
📊
$124K
Total Expenses
🏦
-$5K
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.1%
Year-over-year change (2022 → 2023)
Net Margin
-42.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.04
Net assets divided by total expenses
Liabilities-to-Assets
-121.1%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$87,50015%$124,28073%-$2,450108%
2022$103,120$71,758$31,362

Frequently Asked Questions

What does Be The Magic Foundation Inc do?

Be The Magic Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Florida. It is classified under NTEE code T21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Be The Magic Foundation Inc financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Be The Magic Foundation Inc.

How much revenue does Be The Magic Foundation Inc generate?

Revenue data for Be The Magic Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Be The Magic Foundation Inc — Ft Walton Bch, FL | GiveScope