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Magical Bridge Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 812377796 ✦ Palo alto, CA ✦ Designated as a 501(c)(3)

Overview

What is Magical Bridge Foundation?

The Magical Bridge Foundation, based in Palo Alto, California, is a nonprofit organization that focuses on redefining inclusive playgrounds. With a team of 11 dedicated individuals, they design and develop innovative playground projects, both locally in Mountain View, Santa Clara, and East Palo Alto, as well as internationally in Singapore. In 2022, they opened two new playgrounds in Sunnyvale and Morgan Hill and worked on designs for future projects in East Palo Alto and New Zealand. The foundation goes beyond traditional playgrounds by removing physical and social barriers, creating welcoming spaces for all ages, abilities, and sizes. Their mission extends beyond the playground, advocating for inter-generational play and fostering more inclusive communities.


Official website here: www.magicalbridge.org

Is Magical Bridge Foundation legitimate?

Magical Bridge Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magical Bridge Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $243,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,971

For more financial information, click here


Official website here: www.magicalbridge.org

What is the mission statement of Magical Bridge Foundation?

The Magical Bridge Foundation redefines inclusive playgrounds by employing innovative design that surpasses industry standards. Their goal is to eliminate both physical and social barriers found in traditional playgrounds, creating welcoming spaces suitable for individuals of all ages, abilities, and sizes. Through advocacy and various programs, both on and off the playground, the foundation encourages intergenerational play and fosters the development of more inclusive communities.


Official website here: www.magicalbridge.org

Who is the CEO of Magical Bridge Foundation?

Olenka Villarreal is the Chair (Thru 2/22/22) of Magical Bridge Foundation. The CEO's salary of Magical Bridge Foundation is $190,000 and their total compensation is $211,121.


Official website here: www.magicalbridge.org

What is the revenue of Magical Bridge Foundation?

Magical Bridge Foundation's revenue in 2022 was $5,770,246.


Official website here: www.magicalbridge.org

Who are the executives of Magical Bridge Foundation and what are their salaries?

The average compensation at Magical Bridge Foundation during 2022 was $51,333. There are 11 employees and 40 volunteers at Magical Bridge Foundation.

Here are 12 key members and their salaries (Magical Bridge Foundation's CEO's salary is $190,000 and their total compensation is $211,121):

    Olenka Villarreal (Ceo) [Trustee/Director]
  • Compensation: $190,000
  • Related: $0
  • Other: $21,121

    • Carlos Hernandez (Lead Designer)
  • Compensation: $144,640
  • Related: $0
  • Other: $0

    • Jill Hoffspiegel (Executive Director (Thru 2/18/22))
  • Compensation: $45,389
  • Related: $0
  • Other: $21

    • Holly Wade Phd (Chair (Thru 2/22/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Captain (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Rick (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Intekhab Nazeer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leland Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Reynolds-Syclair Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Asher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amanda Steckler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ian Bain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.magicalbridge.org

    Where can I find the form 990 for Magical Bridge Foundation?

    The Magical Bridge Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.magicalbridge.org

    Learn more at the official website: www.magicalbridge.org

    Mission Statement of Magical Bridge Foundation

    The Magical Bridge Foundation redefines inclusive playgrounds by employing innovative design that surpasses industry standards. By eliminating both physical and social barriers found in traditional playgrounds, this organization creates welcoming spaces suitable for individuals of all ages, abilities, and sizes. Beyond the playground, Magical Bridge Foundation engages in advocacy and programs that stimulate intergenerational play, fostering more inclusive communities.

    Impact

    This information is meant to be a general summary of Magical Bridge Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Magical Bridge Foundation redefines inclusive playgrounds by removing physical and social barriers in traditional playgrounds. In 2022, they worked on the design and development of three playground projects locally and continued design work on two playgrounds in Singapore. They opened two new playgrounds locally and developed opportunities for future projects. The foundation also focuses on outreach, education, and innovation to promote inclusive play experiences for all ages, abilities, and sizes.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $491,150
  • Gross Receipts: $5,770,246

    • Assets and Liabilities:
  • Total Assets: $5,846,644
  • Total Liabilities: $62,034
  • Net Assets: $5,784,610
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROJECT CONSTRUCTION

    Revenue

    $491,150

    Organization Details

    Founding Year

    2016

    Principal Officer

    Olenka Villarreal

    Main Address

    552 WAVERLEY 200, PALO ALTO, CA, 94301

    NTEE Category

    Code: N32 - Recreation

    If you are a representative of Magical Bridge Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.