2020-11-13T19:51:35-06:00 2019-12-31 264137155 JJACPA INC 7080 DONLON WAY SUITE 204 DUBLIN CA 94568 990 2019-01-01 812377796 MAGICAL BRIDGE FOUNDATION MAGI 6505673337 552 WAVERLEY NO 200 PALO ALTO CA 94301 OLENKA VILLARREAL CEO 6505673337 2020-11-13 1 JOSEPH J ARCH P01213090 9255566200 2020-11-13 38.127.228.2 2020-11-13 19:29:09 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D679B1B8CE1134EB5A4BC4338F7F36DEEF819944 2019 2021-01-29 14:40:06Z OLENKA VILLARREAL 552 WAVERLEY 200 PALO ALTO CA 94301 3515810 0 X HTTP://MAGICALBRIDGE.ORG/ X 2016 CA MAGICAL BRIDGE FOUNDATION REDEFINES INCLUSIVE PLAYGROUNDS. 9 7 5 300 0 0 3190747 1750914 489923 776447 0 -9920 0 0 3680670 2517441 0 0 0 0 252851 512886 0 0 105686 1861419 2114466 2114270 2627352 1566400 -109911 2202980 2085848 17128 9907 2185852 2075941 X MAGICAL BRIDGE FOUNDATION REDEFINES INCLUSIVE PLAYGROUNDS THROUGH WORLD-RENOWNED INNOVATIVE DESIGN. FAR EXCEEDING INDUSTRY STANDARDS, WE REMOVE THE PHYSICAL AND SOCIAL BARRIERS IN TODAY'S TRADITIONAL PLAYGROUNDS TO CREATE WELCOMING SPACES FOR ALL AGES, ABILITIES AND SIZES. THROUGH OUR ADVOCACY AND PROGRAMS BOTH ON AND OFF THE PLAYGROUND, WE IGNITE VITAL INTER-GENERATIONAL PLAY AND BUILD MORE INCLUSIVE COMMUNITIES. 0 0 2286564 776447 IN 2019, THE FOUNDATION HELD VARIOUS PROGRAMS AT THE MAGICAL BRIDGE'S FLAGSHIP PLAYGROUND IN PALO, ALTO, CA WHERE AN ESTIMATED 25,000 PEOPLE VISITED THE PLAYGROUND EACH MONTH AND HOSTED APPROXIMATELY 300 VOLUNTEERS, WHO WORKED AS KINDNESS AMBASSADORS, VOLUNTEERED FOR OUR SCHOOL-BASED COIN DRIVES, OR ASSISTED AT MONTHLY EVENTS AND OUR SUMMER CONCERT SERIES AT THE PLAYGROUND. OUR ACCOMPLISHMENTS INCLUDED: (1) 2019 "MUSIC IS MAGIC" CONCERT SERIES AT THE PLAYGROUND WITH 25 CONCERTS AT 10K ATTENDEES OVER THE WHOLE SERIES, (2) FURTHERED THE WORK OF "THE MAGIC MAP," A GROUP CREATING PLAYGROUND INNOVATIONS FOR THE VISUALLY IMPAIRED, (3) SHOWCASED MAGICAL BRIDGE PLAYGROUND INNOVATIONS AT THE WORLD ECONOMIC FORUM IN DAVOS, SWITZERLAND. IN 2019, MAGICAL BRIDGE FOUNDATION HAD PARTNERSHIPS TO BUILD PLAYGROUNDS IN REDWOOD CITY, MORGAN HILL, MOUNTAIN VIEW, SANTA CLARA, SUNNYVALE AND THE CURIODYSSEY MUSEUM. AS PART OF THESE CONTRACTS, MAGICAL BRIDGE FOUNDATION SUPPORTED APPLICATIONS BY THE APPLICABLE CITY TO THE COUNTY OF SANTA CLARA FOR AN ALL-INCLUSIVE PLAYGROUND GRANT PROGRAM (AIPG). THROUGH THIS PARTNERSHIP, MAGICAL BRIDGE PLAYGROUND PROJECTS SECURED $2M OF AIPG FUNDING FOR THE CITY OF MORGAN HILL, $1,7M FOR THE CITY OF SUNNYVALE, $1.7M FOR THE CITY OF SANTA CLARA, AND $1.7M FOR THE CITY OF MOUNTAINVIEW. THESE GRANTS WERE PLEDGED DIRECTLY TO THE CITIES AND WERE NOT RECEIVED BY MAGICAL BRIDGE FOUNDATION. ALTHOUGH MAGICAL BRIDGE SUPPORTED THE CITIES' APPLICATIONS FOR GOVERNMENT FUNDING FOR THE PLAYGROUND PROJECTS, MAGICAL BRIDGE DID NOT DIRECTLY RECEIVE ANY GOVERNMENT GRANTS IN 2019. 2286564 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 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 13 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 9 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 CA X X MELISSA RICK 6505208512 552 WAVERLEY 200 PALO ALTO CA 94301 JILL ASHER DIRECTOR 40.00 X 162500 0 0 OLENKA VILLARREAL DIRECTOR 40.00 X 172500 0 0 JOYCE REYNOLDS-SYCLAIR PHD CHAIRMAN 0.00 X 0 0 0 LELAND LEVY DIRECTOR 0.00 X 0 0 0 INTEKHAB NAZEER TREASURER 0.00 X X 0 0 0 MELISSA RICK SECRETARY 0.00 X X 0 0 0 HOLLY WADE PHD DIRECTOR 0.00 X 0 0 0 SAORI CASEY DIRECTOR 0.00 X 0 0 0 VINCE STECKLER DIRECTOR 0.00 X 0 0 0 335000 0 0 2 0 1 0 0 1750914 998369 1750914 PROGRAM SERVICES FEES 541900 776447 776447 776447 988449 998369 -9920 -9920 -9920 2517441 776447 0 -9920 478467 308882 87826 81759 34419 22220 6318 5881 851 851 51391 51391 24278 23 21279 2976 14431 14431 31677 20534 11143 35 35 9415 9415 PLAYGROUND CONSTRUCTION 1934679 1934679 WEBSITE DESIGN 32750 32750 SUPPLIES 6296 6296 PRINTING AND COPYING 3200 3200 5463 226 4598 639 2627352 2286564 235102 105686 2025067 1141243 838482 174000 91000 3913 10013 5110 0 0 5110 2202980 2085848 17128 9907 17128 9907 X 78984 771481 2106868 1304460 2185852 2075941 2202980 2085848 -109911 0 X X 0 1 X 1 0 X 333015 3137238 1082109 4552362 462000 489923 776447 1728370 795015 3627161 1858556 6280732 0 0 0 6280732 795015 3627161 1858556 6280732 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5110 5110 5110 X 2517441 0 2517441 0 2517441 2627352 0 2627352 0 2627352 PART X, LINE 2: MAGICAL BRIDGE FOLLOWS THE GUIDANCE OF FASB ASC 740 - ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. ASC 740 REQUIRES THAT AN ORGANIZATION RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF THE TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. AS OF DECEMBER 31, 2019, MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT MAGICAL BRIDGE HAS MAINTAINED ITS TAX-EXEMPT STATUS AND HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 0 0 JILL ASHER DIRECTOR 162500 0 0 0 0 0 0 0 0 0 162500 0 0 0 OLENKA VILLARREAL DIRECTOR 172500 0 0 0 0 0 0 0 0 0 172500 0 0 0 PART I, LINE 3 THE COMPENSATION COMMITTEE AND MANAGEMENT PERFORM A SURVEY OF SIMILAR AGENCIES IN THE AREA TO ESTABLISH A COMPENSATION RANGE. THIS IS COMPARED TO THE STANDARD NATIONWIDE WITH REASONABLE COMPENSATION ESTABLISHED BY GEOGRAPHICAL COST OF LIVING. THESE AMOUNTS ARE THEN APPROVED BY THE BOARD. X 2 998369 OTC - AVAST PLC FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS OLENKA VILLARREAL (CHIEF EXECUTIVE OFFICER) AND JILL ASHER (EXECUTIVE DIRECTOR) ARE MARRIED, PAID EMPLOYEES OF THE MAGICAL BRIDGE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - THE BOARD REVIEWS THE TAX RETURNS BEFORE THEY ARE FILED. THE FEDERAL EIN FOR MAGICAL BRIDGE FOUNDATION IS 81-2377796. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIXATION'S EXECUTIVE COMPENSATION COMMITTEE REVIEWS AND APPROVES COMPENSATION FOR THE CEO AND EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 18 THE GOVERNING DOCS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII LINE 2C THERE WERE NO CHANGES TO THE REVIEW PROCESS FROM THE PREVIOUS YEARS.