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Nonprofit · EIN 47-4023741

MAGIC OF MICHAEL FOUNDATION INC

Tax-exempt · NORTH LIMA, OH 44452

Financials

$22K$22K2023$81K$26K2024
Revenue Expenses · by fiscal year end
Financials of MAGIC OF MICHAEL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$81,172$26,273$54,899$463,896$0$463,896
December 31, 2023990$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.

NameTitleHours / weekCompensation
CANDACE BARAKDIRECTOR
Trustee or director
–$0
KIMBERLY DAVISDIRECTOR
Trustee or director
–$0
FRANK DEMAINDIRECTOR
Trustee or director
–$0
BROCK GENERALOVICHDIRECTOR
Trustee or director
–$0
STACY GENERALOVICHDIRECTOR
Trustee or director
–$0
DENISE HIRSCHBECKVICE PRESIEN
Trustee or director, Officer
–$0
ERIN HIRSCHBECKSECRETARY
Trustee or director, Officer
–$0
JOHN HIRSCHBECKPRESIDENT
Trustee or director, Officer
–$0
MEGAN HIRSCHBECKTREASURER
Trustee or director, Officer
–$0
TOM KLIMDIRECTOR
Trustee or director
–$0
DANIEL MEMODIRECTOR
Trustee or director
–$0
STEVEN ROHANDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
CANDACE BARAKDIRECTOR
Trustee or director
–$0
KIMBERLY DAVISDIRECTOR
Trustee or director
–$0
FRANK DEMAINDIRECTOR
Trustee or director
–$0
BROCK GENERALOVICHDIRECTOR
Trustee or director
–$0
STACY GENERALOVICHDIRECTOR
Trustee or director
–$0
DENISE HIRSCHBECKVICE PRESIEN
Trustee or director, Officer
–$0
ERIN HIRSCHBECKSECRETARY
Trustee or director, Officer
–$0
JOHN HIRSCHBECKPRESIDENT
Trustee or director, Officer
–$0
MEGAN HIRSCHBECKTREASURER
Trustee or director, Officer
–$0
TOM KLIMDIRECTOR
Trustee or director
–$0
DANIEL MEMODIRECTOR
Trustee or director
–$0
STEVEN ROHANDIRECTOR
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
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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$81,172$26,273$463,896IRS
990December 2023$22,101$22,074$408,997XML
990December 2022$18,836$22,835$408,970IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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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