Nonprofit · EIN 47-4023741
MAGIC OF MICHAEL FOUNDATION INC
Tax-exempt · NORTH LIMA, OH 44452
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $81,172 | $26,273 | $54,899 | $463,896 | $0 | $463,896 |
| December 31, 2023 | 990 | $22,101 | $22,074 | $27 | $408,997 | $0 | $408,997 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,550
- Program service revenue
- $0
- Investment income
- $79,622
- Net gain from sales of assets
- $63,646
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $15,326
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,275
- Travel
- $443
- Program services (functional)
- $26,273
Balance sheet and other
- Total assets, start of year
- $408,997
- Total assets, end of year
- $463,896
- Total liabilities, end of year
- $0
- Net assets, end of year
- $463,896
- Publicly traded securities
- $445,660
- Net assets without donor restrictions
- $463,896
- Gross receipts
- $675,058
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2015
- State of legal domicile
- OH
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CANDACE BARAK | DIRECTOR Trustee or director | – | $0 |
| KIMBERLY DAVIS | DIRECTOR Trustee or director | – | $0 |
| FRANK DEMAIN | DIRECTOR Trustee or director | – | $0 |
| BROCK GENERALOVICH | DIRECTOR Trustee or director | – | $0 |
| STACY GENERALOVICH | DIRECTOR Trustee or director | – | $0 |
| DENISE HIRSCHBECK | VICE PRESIEN Trustee or director, Officer | – | $0 |
| ERIN HIRSCHBECK | SECRETARY Trustee or director, Officer | – | $0 |
| JOHN HIRSCHBECK | PRESIDENT Trustee or director, Officer | – | $0 |
| MEGAN HIRSCHBECK | TREASURER Trustee or director, Officer | – | $0 |
| TOM KLIM | DIRECTOR Trustee or director | – | $0 |
| DANIEL MEMO | DIRECTOR Trustee or director | – | $0 |
| STEVEN ROHAN | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CANDACE BARAK | DIRECTOR Trustee or director | – | $0 |
| KIMBERLY DAVIS | DIRECTOR Trustee or director | – | $0 |
| FRANK DEMAIN | DIRECTOR Trustee or director | – | $0 |
| BROCK GENERALOVICH | DIRECTOR Trustee or director | – | $0 |
| STACY GENERALOVICH | DIRECTOR Trustee or director | – | $0 |
| DENISE HIRSCHBECK | VICE PRESIEN Trustee or director, Officer | – | $0 |
| ERIN HIRSCHBECK | SECRETARY Trustee or director, Officer | – | $0 |
| JOHN HIRSCHBECK | PRESIDENT Trustee or director, Officer | – | $0 |
| MEGAN HIRSCHBECK | TREASURER Trustee or director, Officer | – | $0 |
| TOM KLIM | DIRECTOR Trustee or director | – | $0 |
| DANIEL MEMO | DIRECTOR Trustee or director | – | $0 |
| STEVEN ROHAN | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 495 VIA AVELINO ST, NORTH LIMA, OH 44452-9604
- Principal officer (990 for 2024)
- JOHN HIRSCHBECK
- Signed the 990
- JOHN HIRSCHBECK, PRESIDENT
- Phone
- (330) 707-9035
- Website
- MAGICOFMICHAEL.COM
- Return prepared by
- CANTER & ASSOCIATES
Mission
THE FOUNDATION'S MISISON IS TO INSPIRE, EMPOWER AND PROVIDE HOPE TO FAMILIES AFFECTED BY ADRENOLEUKODYSTROPHY (ALD) AND TO ASSIST IN ANY WAY POSSIBLE TO HELP MITIGATE THE AFFECTS OF ANYONE AFFLICTED WITH ALD OR ANY OTHER DISEASE OR DISABLILITY AND UNABLE TO MEET THEIR BASIC NEEDS.
Program accomplishments
- THE FOUNDATION WAS ORGANIZED TO PROVIDE ASSISTANCE TO FAMILIES BATTLING ADRENOLEUKODYSTROPHY (ALD) OR ANY OTHER DISEASE OR DISABILITY AND ARE UNABLE TO MEET THEIR BASIC NEEDS. ALD IS A DISEASE WHICH IS A RARE GENETIC BRAIN DISEASE WITH CURRENTLY NO CURE AND AFFECTS MANY FAMILIES. THE FOUNDATION'S PURPOSE IS TO PROVIDE INFORMATION AND ASSISTANCE TO FAMILIES AFFECTED BY ALD OR ANY OTHER DISEASE OR DISABILITY. THE FOUNDATION PROVIDES DONATIONS FOR RESEARCH AND ASSISTS FAMILIES IN TIME OF NEED.Expenses $26,273 · grants $15,326
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 | Not 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
- 47-4023741
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $463,896
- Income (IRS master file)
- $675,058
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $81,172 | $26,273 | $463,896 | IRS |
| 990 | December 2023 | $22,101 | $22,074 | $408,997 | XML |
| 990 | December 2022 | $18,836 | $22,835 | $408,970 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 47-4023741).
Questions about MAGIC OF MICHAEL FOUNDATION INC
- What is the EIN of MAGIC OF MICHAEL FOUNDATION INC?
- The employer identification number (EIN) of MAGIC OF MICHAEL FOUNDATION INC is 47-4023741.
- Is MAGIC OF MICHAEL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MAGIC OF MICHAEL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGIC OF MICHAEL FOUNDATION 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 MAGIC OF MICHAEL FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAGIC OF MICHAEL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MAGIC OF MICHAEL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names JOHN HIRSCHBECK.
- Who are the officers and directors of MAGIC OF MICHAEL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does MAGIC OF MICHAEL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $81,172, expenses of $26,273 and total assets of $463,896 at year end.
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