Philanthropy & Grantmaking
(T22)
990 on File
MAGNIFICAT FOUNDATION
Financial strength (30%)
63/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$43
Total Revenue
$43K
Total Expenses
$352K
Net Assets
N/A
Employees
Expense Breakdown
Program Expense Ratio
99.9%
Fundraising Efficiency
N/A
Operating Reserve
98.35x
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 21,185 similar organizations
(United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
99.9% | 86.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
98.4 mo | 122.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-6.5% | 9.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
25.8% | 0.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-99667.4% | 7.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $43 | $43K | $352K | 99.9% | — |
| 2023 | $46 | $34K | $394K | 99.9% | — |
| 2022 | $54 | $81K | $429K | 99.9% | — |
| 2021 | $61 | $90K | $510K | 99.9% | — |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.