Santas Magic Inc is located in Boxford, MA. The organization was established in 2009. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santas Magic Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Santas Magic Inc generated $35.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $47.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FELLOWSHIP AND GIFTS TO APPROXIMATELY 1300 HOSPITAL PATIENTS ANDSERVICE VETERANS AND FAMILIES OF OUR ACTIVE AND RETIRED SERVICE MEMBERSON CHRISTMAS AND AT OTHER SPECIAL TIMES DURING THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Nentwig President | 10 | $0 | |
Donald J Fitzgerald Treasurer | 2 | $0 | |
Michael Brazel Clerk | 2 | $0 | |
Brian Mccarthy Director | 2 | $0 | |
Daze Lee Director | 2 | $0 | |
Sam H Gilbert Assistant Clerk | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,143 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,143 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,205 |
| Total expenses | $47,487 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,926 |
| Other assets | $0 |
| Total assets | $9,926 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,926 |