A Moment Of Magic
- Assets
- $172.4k
- Revenue
- $372.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Wilkes Barre, PA
- Founding
- 04/2016
- Data as of
- 03/2023
- EIN
- 81-1740360
Organization Overview
A Moment Of Magic is located in Wilkes Barre, PA. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2023, A Moment Of Magic employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. A Moment Of Magic is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2023, A Moment Of Magic generated $372.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $393.3k during the year ending 03/2023. While expenses have increased by 13.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF A MOMENT OF MAGIC FOUNDATION IS "RESTORING THE MAGIC OF BELIEVEING AT A TIME WHEN A CHILD NEEDS TO "JUST BE A KID,- AND REMINDING THEM TO BE BRAVE, STRONG AND FEARLESS." A MOMENT OF MAGIC FOUNDATION IS A REGISTERED NONPROFIT FOUNDATION AND 501 (C)(3). IT IS ABLE TO BE ADOPTED FROM THE NATIONAL COOPERATION BY COLLEGES AND UNIVERSITIES ACROSS THE UNITED STATES. A MOMENT OF MAGIC FOUNDATION PROVIDES MEDICALLY VULNERABLE CHILDREN WITH CREATIVE PROGRAMMING, OUTLETS, AND SUPPORT TO FOSTER IMAGINATION, FRIENDSHIP AND HOPE THROUGH OUR COLLEGE- STUDENT VOLUNTEERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A MOMENT OF MAGIC'S PURPOSE IS FOR COLLEGE-AGED STUDENTS TO ATTEND CHILDREN'S HOSPITALS AND SOCIAL SERVICE INSTITUTIONS TO PROVIDE CREATIVE PROGRAMMING TO REMIND THE CHILDREN TO "JUST BE KIDS AGAIN."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kylee Mcgrane President | OfficerTrustee | 40 | $90,000 |
Omoanatse Agbugui Director | Trustee | 0 | $0 |
Keith Austin Director | Trustee | 0 | $0 |
Dexter DE La Cruz Treasurer | OfficerTrustee | 0 | $0 |
Amanda D'annucci-Kean Director | Trustee | $0 | |
Michael Dicesare Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $39,950 |
| Fundraising events | $144,362 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $187,898 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $372,210 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $372,210 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,035 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,223 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $100 |
| Fees for services: Accounting | $7,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,189 |
| Advertising and promotion | $10,874 |
| Office expenses | $11,430 |
| Information technology | $17,791 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,823 |
| All other expenses | $29,513 |
| Total functional expenses | $393,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,510 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $25,500 |
| Accounts receivable, net | $27,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,152 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,759 |
| Total assets | $172,421 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $172,421 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $172,421 |