Magical Builders FY2022 filing
Renovates facilities to improve well-being for underserved children and communities. For fiscal year 2022 it reported $361K in revenue, $346K in expenses, and $42K in net assets.Pt I
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- Newport Beach, CA
- Website
- www.magicalbuilders.org
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Where the work happens
Co-ordination of renovation for transition housing for veterans in two locations: transition house for veterans and ballington plaza home for veterans. Sponsered by la dodgers and magical builders and serving the homeless population of veterans in downtown los angeles in the heart of skid row.
Co-ordination of renovation for the casa teresa family living center in orange, california
Co-ordination of a day of service sponsered by la dodgers, la dodgers foundation and magical builders held at john muir high school. Renovations included new equipment in the weight room and lockers in mens and womens locker room, new paint, shelving and storage in the arts department, renovation of the garden and softball field
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 84% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 137% | — | — |
| Accounting fee ratio | 0.4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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