Civic Intelligence

Magna Charter Educational Foundation Inc

990EZ • Fiscal year 2017 • EIN 47-4907611

Jan 01, 2017 to Dec 31, 2017 • Filed on May 14, 2018

Organization ProfileN/A
2100 S Palm CircleNorth Palm Beach, FL 33408

(561) 629-4771

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

57th percentile

6.7%

Higher net margin than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

57th percentile

6.3%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$13,469

Up $803 (+6.3%) from 2016

Net Assets

$13,469

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin57th percentile

Revenue

Down

$12,000

Down $2,500 (-17%) from 2016

Expenses

Up

$11,197

Up $9,364 (+511%) from 2016

Net Income

Down

$803

Down $11,864 (-94%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$30K$20K$10K$0Assets 2016: $12,666Liabilities 2016: $02016Assets 2017: $13,469Liabilities 2017: $0Net Assets 2017: $13,4692017Assets 2018: $21,358Liabilities 2018: $0Net Assets 2018: $21,3582018Assets 2019: $12,674Liabilities 2019: $0Net Assets 2019: $12,6742019Assets 2020: $13,928Liabilities 2020: $0Net Assets 2020: $13,9282020Assets 2021: $12,411Liabilities 2021: $0Net Assets 2021: $12,4112021

Highlighted filing

2017

Assets$13,469
Liabilities$0
Net Assets$13,469
Open 2017 Filing

Operations Trend

Revenue Growth26th percentile

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

$20K$10K$0-$10KRevenue 2016: $14,500Expenses 2016: $1,833Net Income 2016: $12,6672016Revenue 2017: $12,000Expenses 2017: $11,197Net Income 2017: $8032017Revenue 2018: $19,236Expenses 2018: $11,347Net Income 2018: $7,8892018Revenue 2019: $7,266Expenses 2019: $15,950Net Income 2019: -$8,6842019Revenue 2020: $7,167Expenses 2020: $5,913Net Income 2020: $1,2542020Revenue 2021: $6,581Expenses 2021: $8,098Net Income 2021: -$1,5172021

Highlighted filing

2017

Revenue$12,000
Expenses$11,197
Net Income$803
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$12,000
Mission and Program Overview

Mission

To provide funds for charter school operations

Program Services

DescriptionGrantsExpenses
FUNDS DISBURSED TO CHARTER SCHOOLS FOR ENRICHMENT PURPOSES-$5,575
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HENRY DIGACINTOPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Magna Charter Educational Foundation
EIN
47-4907611
Phone
5616294771
Address
2100 S PALM CIRCLE, NORTH PALM BEACH, FL 33408

Signing Officer

Name
Henry Di Giacinto
Title
President
Phone
5616294771
Signed
2018-05-14

Preparer

Firm
Mark Escoffery Pa
Address
8645 N MILITARY TRAIL STE 503, PALM BEACH GARDENS, FL 33410
Preparer
Mark Escoffery
Phone
5616271404
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Supported charter school enrichment programs; pilot program; : , , , ; , 5575.”

Raw XML Appendix120 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/PersonNm0HENRY DIGACINTO
IRS990EZ/BooksInCareOfDetail/PhoneNum05616294771
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02100 SOUTH PALM CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH PALM BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033408
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012666
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013469
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0803
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04562
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012666
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013469
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05575
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt012000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012666
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013469
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012666
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013469
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HENRY DIGACINTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE FUNDS FOR CHARTER SCHOOL OPERATIONS
IRS990EZ/PrintingPublicationsPostageAmt01060
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDS DISBURSED TO CHARTER SCHOOLS FOR ENRICHMENT PURPOSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05575
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011197
IRS990EZ/TotalProgramServiceExpensesAmt05575
IRS990EZ/TotalRevenueAmt012000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt024000
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt024000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt024000
IRS990ScheduleA/TotalSupportAmt024000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORTED CHARTER SCHOOL ENRICHMENT PROGRAMS; PILOT PROGRAM; : , , , ; , 5575.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HENRY DI GIACINTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05616294771
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGNA CHARTER EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0474907611
ReturnHeader/Filer/PhoneNum05616294771
ReturnHeader/Filer/USAddress/AddressLine1Txt02100 S PALM CIRCLE
ReturnHeader/Filer/USAddress/CityNm0NORTH PALM BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033408
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05F1D4675F238D72EC05DC40336831FA5F0F4A236
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05F1D4675F238D72EC05DC40336831FA5F0F4A236
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.138.103.209
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm006:25:36
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARK ESCOFFERY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08645 N MILITARY TRAIL STE 503
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PALM BEACH GARDENS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033410
ReturnHeader/PreparerPersonGrp/PhoneNum05616271404
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK ESCOFFERY
ReturnHeader/ReturnTs02018-05-15T06:25:45-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,469
Liabilities
$0
Net assets
$13,469
Revenue
$12,000
Expenses
$11,197
Net income
$803
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$6.58$8.10$1.52
2020Detailed filing. Detailed filing data is available for this year.$13.9$0.00$13.9$7.17$5.91$1.25
2019Detailed filing. Detailed filing data is available for this year.$12.7$0.00$12.7$7.27$16.0$8.68
2018Detailed filing. Detailed filing data is available for this year.$21.4$0.00$21.4$19.2$11.3$7.89
2017Detailed filing. Detailed filing data is available for this year.$13.5$0.00$13.5$12.0$11.2$0.80
2016Summary only. Only limited summary data is available for this year.$12.7$0.00$14.5$1.83$12.7