Civic Intelligence

Magallanes Bbc Foundation

990EZ • Fiscal year 2018 • EIN 37-1842000

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileN/A
7202 NW 84th AveMiami, FL 33166

(305) 338-1669

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

2nd percentile

-332%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

4th percentile

-81%

Faster asset growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-81%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$3,054

Down $13,289 (-81%) from 2017

Net Assets

Down

$3,054

Down $13,289 (-81%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin2nd percentile

Revenue

Down

$4,000

Down $17,000 (-81%) from 2017

Expenses

Up

$17,289

Up $12,632 (+271%) from 2017

Net Income

Down

-$13,289

Down $29,632 (-181%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$15K$10K$5.0K$0Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $16,343Liabilities 2017: $0Net Assets 2017: $16,3432017Assets 2018: $3,054Liabilities 2018: $0Net Assets 2018: $3,0542018Assets 2019: $844Liabilities 2019: $0Net Assets 2019: $8442019Assets 2020: $944Liabilities 2020: $0Net Assets 2020: $9442020Assets 2021: $3,944Liabilities 2021: $0Net Assets 2021: $3,9442021Assets 2022: $3,944Liabilities 2022: $0Net Assets 2022: $3,9442022Assets 2023: $3,944Liabilities 2023: $0Net Assets 2023: $3,9442023Assets 2024: $3,944Net Assets 2024: $3,9442024

Highlighted filing

2018

Assets$3,054
Liabilities$0
Net Assets$3,054
Open 2018 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30K$20K$10K$0-$10K-$20KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $21,000Expenses 2017: $4,657Net Income 2017: $16,3432017Revenue 2018: $4,000Expenses 2018: $17,289Net Income 2018: -$13,2892018Revenue 2019: $0Expenses 2019: $2,210Net Income 2019: -$2,2102019Revenue 2020: $100Expenses 2020: $0Net Income 2020: $1002020Revenue 2021: $3,000Expenses 2021: $0Net Income 2021: $3,0002021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2018

Revenue$4,000
Expenses$17,289
Net Income-$13,289
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$4,000
Mission and Program Overview

Mission

CHARITY TO CHILDREN

Program Services

DescriptionGrantsExpenses
N/A--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERTO FERRARIPresident-$0--
Filing and Contact Details

Filer

Filer Name
Magallanes Bbc Foundation Inc
EIN
37-1842000
Phone
3053381669
Address
7202 NW 84TH AVE, MIAMI, FL 33166

Signing Officer

Name
Roberto Ferrari
Title
President
Signed
2019-11-15
Discuss with paid preparer
No

Preparer

Firm
Fast and Easy Accounting Inc
Address
419 W 49TH ST STE 217, HIALEAH, FL 33012
Preparer
Ana O Muzalievski CPA
Phone
3053381669
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 17,244”

Form 990-EZ, Part I, Line 16, Other Expenses

“BANK SERVICES CHARGES 15”

Form 990-EZ, Part I, Line 16, Other Expenses

“Permits 30”

Raw XML Appendix116 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ANA O GUILLOT
IRS990EZ/BooksInCareOfDetail/PhoneNum03053381669
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0419 W 49TH ST STE 217
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HIALEAH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033012
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016343
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03054
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13289
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt016343
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03054
IRS990EZ/GrossReceiptsAmt04000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt016343
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03054
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt016343
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03054
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERTO FERRARI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt017289
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITY TO CHILDREN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt017289
IRS990EZ/TotalRevenueAmt04000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt025000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt021000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025000
IRS990ScheduleA/TotalSupportAmt025000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 17,244
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK SERVICES CHARGES 15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Permits 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERTO FERRARI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGALLANES BBC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MAGA
ReturnHeader/Filer/EIN0371842000
ReturnHeader/Filer/PhoneNum03053381669
ReturnHeader/Filer/USAddress/AddressLine1Txt07202 NW 84TH AVE
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033166
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01C511FAF37980B8E691CA9521B2AFF9F98CAA5C6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BAF96322F124FF368EA64288E0EDFA61F5FE2C78
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.244.43.29
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm021:43:48
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FAST AND EASY ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0419 W 49TH ST STE 217
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HIALEAH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033012
ReturnHeader/PreparerPersonGrp/PhoneNum03053381669
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANA O MUZALIEVSKI CPA
ReturnHeader/ReturnTs02019-11-15T05:00:41-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,054
Liabilities
$0
Net assets
$3,054
Revenue
$4,000
Expenses
$17,289
Net income
-$13,289
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.94$3.94
2023Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$3.00$0.00$3.00
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.10$0.00$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.00$2.21$2.21
2018Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$4.00$17.3$13.3
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$0.00$16.3$21.0$4.66$16.3
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00