Civic Intelligence

Magnificent 7 Foundation Inc.

990 • Fiscal year 2017 • EIN 47-5461489

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 10, 2018

Organization Profile
3731 W South Jordan Pkw Ste 102-505South Jordan, UT 84009

(385) 800-8570

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.17x

Higher debt load relative to assets than 82% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

93rd percentile

56%

Higher net margin than 93% 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

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Revenue Growth

100th percentile

2403%

Faster revenue growth than 100% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$14,145

Up $14,145 from 2016

Net Assets

Up

$11,733

Up $11,733 from 2016

Liabilities

Up

$2,412

Up $2,412 from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin93rd percentile

Revenue

Up

$22,401

Up $21,506 (+2403%) from 2016

Expenses

Up

$9,773

Up $8,878 (+992%) from 2016

Net Income

Up

$12,628

Up $12,628 from 2016

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15K$10K$5.0K$0-$5.0KAssets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $14,145Liabilities 2017: $2,412Net Assets 2017: $11,7332017Assets 2018: $9,218Liabilities 2018: $0Net Assets 2018: $9,2182018Assets 2019: $672Liabilities 2019: $1,999Net Assets 2019: -$1,3272019Assets 2020: $172Liabilities 2020: $1,999Net Assets 2020: -$1,8272020Assets 2021: $357Liabilities 2021: $1,999Net Assets 2021: -$1,6422021Assets 2022: $0Liabilities 2022: $1,999Net Assets 2022: -$1,9992022Assets 2023: $0Liabilities 2023: $1,999Net Assets 2023: -$1,9992023Assets 2024: $0Liabilities 2024: $1,999Net Assets 2024: -$1,9992024

Highlighted filing

2017

Assets$14,145
Liabilities$2,412
Net Assets$11,733
Open 2017 Filing

Operations Trend

Revenue Growth100th percentile

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

$30K$20K$10K$0-$10KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $895Expenses 2016: $895Net Income 2016: $02016Revenue 2017: $22,401Expenses 2017: $9,773Net Income 2017: $12,6282017Revenue 2018: $23,706Expenses 2018: $3,533Net Income 2018: $20,1732018Revenue 2019: $120Expenses 2019: $4,165Net Income 2019: -$4,0452019Revenue 2020: $0Expenses 2020: $500Net Income 2020: -$5002020Revenue 2021: $1,000Expenses 2021: $815Net Income 2021: $1852021Revenue 2022: $0Expenses 2022: $357Net Income 2022: -$3572022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2017

Revenue$22,401
Expenses$9,773
Net Income$12,628
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 10, 2018
Return Version
2017v2.3
Gross Receipts
$22,401
Mission and Program Overview

Mission

The magnificent 7 is inspired by a movie from the 1970's about assisting those less fortunate in times of needs. With the influence of more than 7 individuals, you are able to make a difference in those lives to overcame many challenges. The purpose of the magnificent 7 foundation is to assist those with hunger, housing and training needs in the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$14,145-
Total Assets$0$14,145▲ $14,145
Liabilities
Accounts Payable and Accrued Expenses-$2,412-
Total Liabilities$0$2,412▲ $2,412
Net Assets / Fund Balance
Unrestricted Net Assets-$11,733-
Total Net Assets Fund Balance$0$11,733▲ $11,733
Total Liabilities and Net Assets / Fund Balance$0$14,145▲ $14,145
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Matthew AtkinsonPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$22,401
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$22,401
Change in Net Assets
$12,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,327
Other Expenses$1,446
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$8,327--$8,327
Fees for Services Legal$800--$800
Fees for Services Other-$556-$556
Office Expenses-$90-$90
Total Functional Expenses$9,127$646$0$9,773
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Magnificent 7 Foundation Inc
EIN
47-5461489
Address
3731 W SOUTH JORDAN PKW STE 102-505, SOUTH JORDAN, UT 84009

Signing Officer

Name
Matthew Atkinson
Title
President
Phone
8016719367
Signed
2018-09-10

Organization Details

Principal Officer
Matthew Atkinson
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Clyde W Jones Pllc
Address
1443 W 800 N STE 301, OREM, UT 84057-2883
Preparer
Clyde W Jones CPA
Phone
8016556010
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The magnificent 7 is inspired by a movie from the 1970's about assisting those less fortunate in times of needs. With the influence of more than 7 individuals, you are able to make a difference in those lives to overcame many challenges. The purpose of the magnificent 7 foundation is to assist those with hunger, housing and training needs in the local community.”

Form 990, Page 2, Part III, Line 4D

“The magnificent 7 is inspired by a movie from the 1970's about assisting those less fortunate in times of needs. With the influence of more than 7 individuals, you are able to make a difference in those lives to overcame many challenges. The purpose of the magnificent 7 foundation is to assist those with hunger, housing and training needs in the local community.”

Raw XML Appendix227 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02412
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
IRS990/AllOtherContributionsAmt022401
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0MATTHEW J ATKINSON
IRS990/BooksInCareOfDetail/PhoneNum03858008570
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010113 DUNSINANE DR
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOUTH JORDAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd084095
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt014145
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt022401
IRS990/CYGrantsAndSimilarPaidAmt08327
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01446
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt012628
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt09773
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt022401
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0800
IRS990/FeesForServicesLegalGrp/TotalAmt0800
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0556
IRS990/FeesForServicesOtherGrp/TotalAmt0556
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0MATTHEW ATKINSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt08327
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt08327
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt022401
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt011733
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt090
IRS990/OfficeExpensesGrp/TotalAmt090
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-895
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MATTHEW ATKINSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt09127
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt08327
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0895
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0895
IRS990/PYTotalExpensesAmt0895
IRS990/PYTotalRevenueAmt0895
IRS990/ReconcilationRevenueExpnssAmt012628
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022401
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0895
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023296
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt023296
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022401
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0895
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt023296
IRS990ScheduleA/TotalSupportAmt023296
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08327
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsEOYAmt014145
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt014145
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022401
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0646
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09127
IRS990/TotalFunctionalExpensesGrp/TotalAmt09773
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt02412
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02412
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011733
IRS990/TotalOtherProgSrvcExpenseAmt09127
IRS990/TotalOtherProgSrvcGrantAmt08327
IRS990/TotalProgramServiceExpensesAmt09127
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt022401
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014145
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011733
IRS990/USAddress/AddressLine1Txt010113 DUNSINANE DR
IRS990/USAddress/CityNm0SOUT JORDAN
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084095
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW ATKINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08016719367
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGNIFICENT 7 FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0475461489
ReturnHeader/Filer/USAddress/AddressLine1Txt03731 W SOUTH JORDAN PKW STE 102-505
ReturnHeader/Filer/USAddress/CityNm0SOUTH JORDAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084009
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03FA6B1F2686BB45C3826A88A5968E42EF562B40E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId019C3764FD7E16FB4ACA36044FF05FC5449D87197
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-09-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm018:08:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472005214
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLYDE W JONES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01443 W 800 N STE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OREM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0840572883
ReturnHeader/PreparerPersonGrp/PhoneNum08016556010
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CLYDE W JONES CPA
ReturnHeader/ReturnTs02018-09-17T18:08:27-05:00
ReturnHeader/ReturnTypeCd0990
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,145
Liabilities
$2,412
Net assets
$11,733
Revenue
$22,401
Expenses
$9,773
Net income
$12,628
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$2.00$2.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$2.00$2.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$2.00$2.00$0.00$0.36$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.36$2.00$1.64$1.00$0.82$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.17$2.00$1.83$0.00$0.50$0.50
2019Detailed filing. Detailed filing data is available for this year.$0.67$2.00$1.33$0.12$4.17$4.05
2018Detailed filing. Detailed filing data is available for this year.$9.22$0.00$9.22$23.7$3.53$20.2
2017Detailed filing. Detailed filing data is available for this year.$14.1$2.41$11.7$22.4$9.77$12.6
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.90$0.90$0.00
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00