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Filing year 2024

MAGIC WAND FOUNDATION INC

Roswell, Georgia·EIN 65-1047135·NTEE O50 · Youth Development·501(c)(3)
Total revenue
$914k
Total assets
$321k
Total expenses
$777k
Reported officers
8
Mission

TO POSITIVELY INFLUENCE YOUNG PEOPLE ACROSS THE WORLD FOCUSING ON THE GOAL OF YOUTH EMPOWERMENT. THE MAGIC WAND FOUNDATION (MWF) SEEKS TO SPREAD MINDSET EDUCATION GLOBALLY SO THAT OUR FUTURE LEADERS CAN LIVE EXTRAORDINARY LIVES AND POSITIVELY IMPACT THE WORLD.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Youth Development organizations nationwide.

President, Board Member
Board President
Above 90th percentile
$136k
$142k
Base
$136k
Bonus
Other
Benefits
Manager
Key Employee
Median to 75th percentile
$87k
$90k
Base
$87k
Bonus
Other
Benefits
Board Member
Median to 75th percentile
$45k
$47k
Base
$45k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Youth Development

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MAGIC WAND FOUNDATION INC equaled 17% of the organization's total expenses. The median for youth development organizations is 11%.

This organization (2024)
17%
Sector median
11%
Middle half of sector
5% to 21%

Based on 5,229 youth development organizations, each measured at its most recent filing year with reported expenses and compensation.

Top compensation, year by year

From $25k in 2023 to $136k in 2024.

$25k
2023
$136k
2024
In today's dollarsEst.
Up 430% in real terms$27k to $142k

Estimated with Atlanta-Sandy Springs-Roswell, GA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 79% from 2023 to 2024, while revenue rose 58%.

$25k in 2023 to $45k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MAGIC WAND FOUNDATION INC

What does the Board President of MAGIC WAND FOUNDATION INC earn?

In 2024, the Board President of MAGIC WAND FOUNDATION INC received $136,023 in total compensation. This pay is in the top 10% for Board President roles among Youth Development organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at MAGIC WAND FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Youth Development organizations nationwide, the 2024 pay of the Board President at MAGIC WAND FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at MAGIC WAND FOUNDATION INC equaled 17% of the organization's total expenses. The median for youth development organizations is 11%.

What are MAGIC WAND FOUNDATION INC's revenue and expenses?

In 2024, MAGIC WAND FOUNDATION INC reported $914k in total revenue and $777k in total expenses on its IRS Form 990.

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