2024-06-05T11:48:43-05:00 2023-12-31 363321958 Desmond & Ahern Ltd 10827 S Western Avenue Chicago IL 60643 990 2023-01-01 363673333 Magic Foundation MAGI 6308368200 4200 Cantera Drive Warrenville IL 60555 Mary Andrews President 6308368200 2024-06-03 1 Mary Andrews 999009999 1 Mel Padillo P03172019 7737794720 2024-06-03 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Mary Andrews 4200 Cantera Drive Warrenville IL 60555 1373974 0 X www.magicfoundation.org X 1989 IL To help children and their families whose physical growth is affected by medical problems. 8 6 10 30 0 0 987878 1260658 0 0 -4592 5608 -6707 -21519 976579 1244747 0 0 0 0 527819 562040 0 0 38522 448627 657217 976446 1219257 133 25490 2697351 2758895 32856 27791 2664495 2731104 X The Magic Foundation provides support services to families of children afflicted with a wide variety of disorders, syndromes and diseases that affect a childs growth. The Organization's commitment and vision is to reduce emotional and physical trauma caused by growth disorders, resulting in happier, healthier children and consequently, adults. 0 0 1014550 The Organization provides specific assistance to families of children with growth disorders. Magic Foundation provides information and education materials on growth disorders through a newsletter and website. An annual convention is held to provide further assistance and education. Magic Foundation also participates in International Coalition of Organizations Supporting Endocrine Patients, which is a federation of patient advocate associations representing more than 35 countries, medical societies and child advocate supporters. 1014550 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 1 0 IL X Dianne Kremidas and John Quinn 7084739598 4200 Cantera Drive Suite 106 Warrenville IL 60555 Rich Buckley Chairman 1.00 X X 0 0 0 Ken Dickard Vice-Chairman 1.00 X X 0 0 0 Courtney Lance-Morakalis Director/Secretary 1.00 X X 0 0 0 Brian Papo Director 1.00 X 0 0 0 James Andrews Director 1.00 X 0 0 0 Russ Hazael Director 1.00 X 0 0 0 Dianne Kremidas Executive Director 40.00 X 110000 0 6782 Jamie Harvey Co-Founder/Dir Tech Ed 40.00 X 57000 0 0 Mary Andrews CEO and Co-Founder 40.00 X 105000 0 7973 Teresa Tucker Co-Founder 40.00 X 0 0 0 272000 0 14755 2 0 0 0 0 15410 1245248 1260658 11609 11609 18500 42228 -23728 -23728 -23728 80998 86999 -6001 -6001 -6001 Other income 900099 2209 2209 2209 1244747 -3792 0 -12119 229755 194097 23412 12246 283879 239821 28927 15131 8875 7497 905 473 39531 33396 4029 2106 19805 19805 2525 2525 91493 89362 2131 11131 11131 63075 53286 6427 3362 22235 10657 10906 672 36293 30660 3699 1934 211808 211808 49143 49143 10116 8546 1031 539 International ICOSEP 87008 87008 Repairs & maintenance 38632 32636 3937 2059 Miscellaneous 9308 9308 Division RSS DDC 4645 4645 1219257 1014550 166185 38522 1042931 1081955 90924 90849 96562 97546 1652395 455721 1213536 1196674 253398 291871 0 0 2697351 2758895 32856 27791 32856 27791 X 2664495 2731104 2664495 2731104 2697351 2758895 25490 41119 0 X X 0 1 X 1 0 X 924364 981634 1414702 987878 1260658 5569236 924364 981634 1414702 987878 1260658 5569236 2583181 2986055 9180 15173 50857 40449 30109 145768 4135 2453 2184 8772 5723776 800 0.52170 0.53040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250785 250785 1033907 205852 828055 367703 249869 117834 1196674 X 1325569 41119 42228 83347 1242222 2525 2525 1244747 1258960 42228 42228 1216732 2525 2525 1219257 Part X, Line 2: FIN 48 Note from Audited Financial Statements The Foundation was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Foundation and the nature in which it operates is described above. Management believes the Foundation continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Foundation's Form 990, Return of Organization Exempt from Income Tax, is subject to examination by the IRS, generally for three years after it has been filed. The Foundation has adopted the requirements for accounting for uncertain tax positions and management has determined that the Foundation was not required to record a liability related to uncertain tax positions as of December 31, 2022. Part XI, Line 2d - Other Adjustments: Rental property expense 42,228. Part XII, Line 2d - Other Adjustments: Rental property expense 42,228. James Andrews Board Member Business loan X 200000 97546 0 1 1 97546 Form 990, Part VI, Section A, line 2 Mary Andrews, CEO, Dianne Kremidas, Executive Director and James Andrews, board member, share a family relationship. Form 990, Part VI, Section B, line 11b The Form 990 is made available to the Board of Directors prior to filing. Form 990, Part VI, Section B, line 15 Compensation of all employees is discussed and approved by the Board of Directors. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policy and financial statements are available upon request. Financial statements also available on the Illinois Attorney General's website. Form 990, Part XII, line 2c: The process has not changed from the prior year.