Magical Mix Kids
EIN: 421491936 · Cedar Falls, IA · NTEE: E860
| Metric | Value |
|---|---|
| Total Revenue | $73K |
| Total Expenses | $136K |
| Net Assets | $64K |
Is Magical Mix Kids Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Magical Mix Kids
Magical Mix Kids (EIN: 421491936) is a nonprofit organization based in Cedar Falls, IA, classified under NTEE code E860. The organization reported total revenue of $73K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Magical Mix Kids's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Magical Mix Kids is a micro nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $136K |
| Surplus / Deficit | $-59,415 |
| Total Assets | $64K |
| Net Assets | $64K |
| Operating Margin | -78.0% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2023, Magical Mix Kids reported a deficit of $59K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Magical Mix Kids's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.3% | +6.3% | -48.0% |
| 2022 | +56.8% | +25.0% | -38.2% |
| 2021 | -57.7% | +244.8% | -25.8% |
| 2020 | -20.1% | -73.3% | +21.2% |
| 2019 | -49.6% | +36.0% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Magical Mix Kids has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Magical Mix Kids with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $59K, with expenses exceeding revenue.
Frequently Asked Questions about Magical Mix Kids
Is Magical Mix Kids a legitimate charity?
Magical Mix Kids (EIN: 421491936) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $73K. No red flags identified. Financial health grade: B.
How does Magical Mix Kids spend its money?
Magical Mix Kids reported $73K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Magical Mix Kids tax-deductible?
Magical Mix Kids is registered as a tax-exempt nonprofit (EIN: 421491936). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Magical Mix Kids located?
Magical Mix Kids is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 421491936. It is classified under NTEE code E860.
How many years of IRS 990 filings does Magical Mix Kids have?
Magical Mix Kids has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $73K in total revenue.
Filing History
IRS 990 filing history for Magical Mix Kids showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Magical Mix Kids's revenue has grown by 29.3%, moving from $59K to $76K. Total assets increased by 716.2% over the same period, from $8K to $64K. Total functional expenses rose by 72%, from $79K to $136K. In its most recent filing year (2023), Magical Mix Kids reported a deficit of $59K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $136K | $64K | $0 | — | View 990 |
| 2022 | $51K | $128K | $124K | $0 | — | View 990 |
| 2021 | $33K | $102K | $200K | $0 | — | View 990 |
| 2020 | $77K | $30K | $270K | $0 | — | — |
| 2019 | $96K | $111K | $222K | $0 | — | View 990 |
| 2018 | $191K | $81K | $237K | $0 | — | View 990 |
| 2017 | $125K | $79K | $127K | $0 | — | View 990 |
| 2016 | $59K | $84K | $82K | $0 | — | View 990 |
| 2015 | $126K | $88K | $107K | $0 | — | View 990 |
| 2014 | $105K | $86K | $68K | $0 | — | View 990 |
| 2013 | $119K | $101K | $50K | $0 | — | View 990 |
| 2012 | $87K | $63K | $32K | $0 | — | View 990 |
| 2011 | $59K | $79K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $136K, and assets of $64K (revenue +49.3% year-over-year).
- 2022: Revenue of $51K, expenses of $128K, and assets of $124K (revenue +56.8% year-over-year).
- 2021: Revenue of $33K, expenses of $102K, and assets of $200K (revenue -57.7% year-over-year).
- 2020: Revenue of $77K, expenses of $30K, and assets of $270K (revenue -20.1% year-over-year).
- 2019: Revenue of $96K, expenses of $111K, and assets of $222K (revenue -49.6% year-over-year).
- 2018: Revenue of $191K, expenses of $81K, and assets of $237K (revenue +53.3% year-over-year).
- 2017: Revenue of $125K, expenses of $79K, and assets of $127K (revenue +111.2% year-over-year).
- 2016: Revenue of $59K, expenses of $84K, and assets of $82K (revenue -53.3% year-over-year).
- 2015: Revenue of $126K, expenses of $88K, and assets of $107K (revenue +20.6% year-over-year).
- 2014: Revenue of $105K, expenses of $86K, and assets of $68K (revenue -12.3% year-over-year).
- 2013: Revenue of $119K, expenses of $101K, and assets of $50K (revenue +37.5% year-over-year).
- 2012: Revenue of $87K, expenses of $63K, and assets of $32K (revenue +47.3% year-over-year).
- 2011: Revenue of $59K, expenses of $79K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Magical Mix Kids:
Data Sources and Methodology
This transparency report for Magical Mix Kids is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.