Nonprofit · EIN 42-1428654
MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC
Tax-exempt · CORYDON, IA 50060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $392,528 | $426,687 | -$34,159 | $241,756 | $1,670 | $240,086 |
| December 31, 2024 | 990 | $388,793 | $432,900 | -$44,107 | $277,435 | $3,190 | $274,245 |
| December 31, 2023 | 990 | $359,034 | $366,448 | -$7,414 | $320,451 | $2,099 | $318,352 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $88,807
- of which government grants
- $88,807
- Program service revenue
- $292,602
- Investment income
- $6,905
- Net income from fundraising events
- $4,214
- Other revenue
- $4,214
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $319,759
- Salaries, compensation and benefits (total)
- $347,059
- Professional fundraising fees
- $0
- Accounting fees
- $1,125
- Occupancy
- $15
- Depreciation
- $3,061
- Program services (functional)
- $426,687
Balance sheet and other
- Total assets, start of year
- $277,435
- Total assets, end of year
- $241,756
- Total liabilities, end of year
- $1,670
- Net assets, end of year
- $240,086
- Land, buildings and equipment
- $11,815
- Publicly traded securities
- $1,155
- Gross receipts
- $399,835
- Employees
- 30
- Year formed
- 1995
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIANN ANDERSON | OFFICER Officer | – | $0 |
| BRIDGET DAVIS | OFFICER Officer | – | $0 |
| ERIC JAECKEL | OFFICER Officer | – | $0 |
| RHONDA JENSEN | OFFICER Officer | – | $0 |
| RON REDMON | PRESIDENT Officer | – | $0 |
| JILL RUNYON | SECRETARY Officer | – | $0 |
| PAT SWARTZLANDER | OFFICER Officer | – | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIANN ANDERSON | OFFICER Officer | – | $0 |
| BRIDGET DAVIS | OFFICER Officer | – | $0 |
| ERIC JAECKEL | OFFICER Officer | – | $0 |
| RHONDA JENSEN | OFFICER Officer | – | $0 |
| RON REDMON | PRESIDENT Officer | – | $0 |
| JILL RUNYON | SECRETARY Officer | – | $0 |
| PAT SWARTZLANDER | OFFICER Officer | – | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIANN ANDERSON | OFFICER Officer | – | $0 |
| BRIDGET DAVIS | OFFICER Officer | – | $0 |
| ERIC JAECKEL | OFFICER Officer | – | $0 |
| RHONDA JENSEN | OFFICER Officer | – | $0 |
| RON REDMON | PRESIDENT Officer | – | $0 |
| JILL RUNYON | SECRETARY Officer | – | $0 |
| PAT SWARTZLANDER | OFFICER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 701 E MARION ST, CORYDON, IA 50060-1806
- In care of
- % SARAH PECK
- Mailing address (990-N for 2010)
- 701 East Marion, Corydon IA 50060
- Principal officer (990 for 2025)
- RON REDMON, 2125 210TH STREET, PROMISE CITY, IA 52583
- Principal officer (990-N for 2010)
- Sarah Peck, 701 East Marion, Corydon IA 50060
- Signed the 990
- RON REDMON, PRESIDENT
- Phone
- (641) 872-1445
- Return prepared by
- FREEMAN TAX AND ACCOUNTING PLLC
Mission
OUR PROGRAM IS DESIGNED TO ENHANCE THE LEARNING AND GROWTH OF EVERY CHILD. EDUCATIONAL PURPOSES EMPHASIZES ALL AREAS OF DEVELOPMENT: SOCIAL, EMOTIONAL, PHYSICAL AND CREATIVITY TO HELP CHILDREN LEARN IN AN EXCITING MANNER. INDIVIDUALITY IS STRONGLY ENCOURAGED.
Program accomplishments
- OUR EARLY EDUCATION CHILDHOOD PROGRAM IS OPEN MONDAY THROUGH FRIDAY FROM 6:30 AM TO 5:30 PM YEAR ROUND FOR INFANT CARE THROUGH 12 YEARS OF AGE. WE BELIEVE THAT FAMILIES ARE THE MOST IMPORTANT INFLUENCE AND SUPPORT SYSTEM THAT CHILDREN CAN HAVE, SO WE ENCOURAGE ACTIVE FAMILY INVOLVEMENT IN EACH CHILD'S LEARNING PROCESS.Expenses $426,687 · revenue $292,602
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1428654
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P33)
- Assets (IRS master file)
- $241,756
- Income (IRS master file)
- $399,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $392,528 | $426,687 | $241,756 | IRS |
| 990 | December 2024 | $388,793 | $432,900 | $277,435 | IRS |
| 990 | December 2023 | $359,034 | $366,448 | $320,451 | XML |
| 990 | December 2022 | $547,926 | $383,425 | $328,669 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Sarah Peck | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1428654).
Questions about MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC
- What is the EIN of MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC?
- The employer identification number (EIN) of MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC is 42-1428654.
- Is MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC?
- The 990 for the year ended December 31, 2025 names RON REDMON.
- Who are the officers and directors of MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does MAGICAL BEGINNINGS EARLY CHILDHOOD CENTER INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $392,528, expenses of $426,687 and total assets of $241,756 at year end.
Other nonprofits in CORYDON
- WAYNE COUNTY SENIOR CITIZENS CENTER INCORPORATED EIN 42-1341762 · last filed 990-N for 2024
- PATRONUS INC EIN 46-1232917 · last filed 990 for 2025
- WAYNE COUNTY FAIR ASSOCIATION EIN 42-6010062 · last filed 990-EZ for 2025
- WAYNE COUNTY HISTORICAL SOCIETY EIN 42-1049099 · last filed 990 for 2025
- IOWA FARM BUREAU FEDERATION EIN 42-0680711 · last filed 990 for 2024
- GOLDEN RULE INDUSTRIES INC EIN 47-5493594 · last filed 990-EZ for 2025
- PRAIRIE TRAILS WELLNESS CENTER EIN 20-3987982 · last filed 990-EZ for 2025
- WAYNE THEATRE INC EIN 42-1371361 · last filed 990-EZ for 2025