Nonprofit · EIN 82-5183590
MAGIC GRANTS
Tax-exempt · DENVER, CO 80203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $874,550 | $363,493 | $511,057 | $773,639 | $0 | $773,639 |
| July 31, 2024 | 990 | $131,102 | $124,712 | $6,390 | $262,582 | $0 | $262,582 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $855,332
- Program service revenue
- $0
- Investment income
- $19,218
- Net gain from sales of assets
- -$4,129
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $287,442
- Other salaries and wages
- $51,871
- Salaries, compensation and benefits (total)
- $52,900
- Professional fundraising fees
- $0
- Legal fees
- $4,533
- Accounting fees
- $6,500
- Travel
- $3,634
- Program services (functional)
- $343,003
- Management and general (functional)
- $20,490
Balance sheet and other
- Total assets, start of year
- $262,582
- Total assets, end of year
- $773,639
- Total liabilities, end of year
- $0
- Net assets, end of year
- $773,639
- Net assets without donor restrictions
- $773,639
- Gross receipts
- $1,721,354
- Employees
- 1
- Year formed
- 2018
- State of legal domicile
- CO
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN EHRENHOFER | PRESIDENT, S Officer | 6 | $0 |
| JOHN MURPHY | VICE PRESIDE Officer | 4 | $0 |
| THOMAS TYLER SHAW | DIRECTOR Officer | 4 | $0 |
990 for the year ended July 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUSTIN EHRENHOFER | PRESIDENT, S Officer | 6 | $0 |
| JOHN MURPHY | VICE PRESIDE Officer | 4 | $0 |
| THOMAS TYLER SHAW | DIRECTOR Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 N GRANT ST STE R, DENVER, CO 80203-1859
- Principal officer (990 for 2024)
- JUSTIN EHRENHOFER, 1500 N GRANT ST STE R, DENVER, CO 80203
- Signed the 990
- JUSTIN EHRENHOFER, PRESIDENT, SECRETARY
- Phone
- (303) 900-3237
- Website
- WWW.MAGICGRANTS.ORG
- Return prepared by
- WOLFORD COMPANIES INC
Mission
TO PROMOTE EDUCATIONAL MATERIALS AND RESEARCH FOR CRYPTOCURRENCY AND PRIVACY, PROVIDE SCHOLARSHIPS, AND SUPPORT PAYMENT INFRASTRUCTURE FOR THE PUBLIC GOOD.
Program accomplishments
- PROVIDED GRANTS TO INDIVIDUALS AND/OR ORGANIZATIONS WHO PERFORMED RESEARCH IN THE FIELD OF CRYPTOCURRENCY AND/OR PRIVACY.Expenses $281,067 · grants $279,442
- AFTER REVIEWING AND SELECTING AWARDEES STUDYING VARIOUS CRYPTOCURRENCY- RELATED DISCIPLINES IN THEIR UNDERGRADUATE STUDIES, PAID ACADEMIC SCHOLARSHIPS TO THE AWARDEES' RESPECTIVE INSTITUTIONS.Expenses $8,000 · grants $8,000
- SUPPORTED THE CREATION OF PRIVACY RELATED EDUCATIONAL MATERIALS.Expenses $53,936
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 82-5183590
- 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
- 2020
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $773,639
- Income (IRS master file)
- $1,721,354
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $874,550 | $363,493 | $773,639 | XML |
| 990 | July 2024 | $131,102 | $124,712 | $262,582 | XML |
| 990 | July 2023 | $304,281 | $172,228 | $256,192 | IRS |
| 990 | July 2022 | $111,602 | $33,728 | $124,139 | IRS |
| 990-EZ | July 2021 | – | – | – | 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 82-5183590).
Questions about MAGIC GRANTS
- What is the EIN of MAGIC GRANTS?
- The employer identification number (EIN) of MAGIC GRANTS is 82-5183590.
- Is MAGIC GRANTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to MAGIC GRANTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGIC GRANTS 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 GRANTS due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAGIC GRANTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of MAGIC GRANTS?
- The 990 for the year ended July 31, 2025 names JUSTIN EHRENHOFER.
- Who are the officers and directors of MAGIC GRANTS?
- The 990 for the year ended July 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MAGIC GRANTS have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $874,550, expenses of $363,493 and total assets of $773,639 at year end.
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