Centuries ago, the Anti-Fairies and Fairies started an annual bake-off to determine which species gets godchildren. This year, Jorgen's recipe is at risk, and Anti-Cosmo and Anti-Wanda are determined to make sure they make Timmy their godchild by stealing the recipe and cheating the fairies out of the competition. Timmy now has to get the recipe back so the Anti-Fairies' scheme will backfire and he will remain Cosmo and Wanda's godchild.

In a trip to Hawaii, Timmy wishes his parents were the best surfers on the beach in order to impress a pretty hula girl, but that wish starts a wish limbo, in which they will not stop fighting until only one of them prevails as the best surfer.