Civic Intelligence

Peter Magnone Foundation

990PF • Fiscal year 2023 • EIN 83-2889496

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

Organization Profile
1034 Edgewood LaneFort Lee, NJ 07024

(201) 741-4142

Siviq Scores

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

Liabilities / Assets

80th percentile

0.00x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

76th percentile

0.00x

Higher debt load relative to revenue than 76% of similar nonprofits.

2023 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2023

Net Margin

91st percentile

97%

Higher net margin than 91% of similar nonprofits.

2023 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2023 filings • NTEE T20 • $500k-$1M nonprofits • Source year 2023

Asset Growth

87th percentile

20%

Faster asset growth than 87% of similar nonprofits.

2023 filings • NTEE T20 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

24601%

Faster revenue growth than 99% of similar nonprofits.

2023 filings • NTEE T20 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$826,699

Up $139,795 (+20%) from 2022

Net Assets

Up

$826,699

Up $139,795 (+20%) from 2022

Liabilities

Down

$0

Down $1 (-100%) from 2022

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin91st percentile

Revenue

Up

$143,510

Up $142,929 (+24601%) from 2022

Expenses

Up

$3,715

Up $499 (+16%) from 2022

Net Income

Up

$139,795

Up $142,430 (+5405%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$1.0M$500K$0Assets 2018: $1Liabilities 2018: $02018Assets 2019: $11,215Liabilities 2019: $0Net Assets 2019: $689,5232019Assets 2020: $658,455Liabilities 2020: $1Net Assets 2020: $658,4552020Assets 2021: $689,539Liabilities 2021: $1Net Assets 2021: $689,5392021Assets 2022: $686,904Liabilities 2022: $1Net Assets 2022: $686,9042022Assets 2023: $826,699Liabilities 2023: $0Net Assets 2023: $826,6992023Assets 2024: $887,509Liabilities 2024: $0Net Assets 2024: $887,5092024

Highlighted filing

2023

Assets$826,699
Liabilities$0
Net Assets$826,699
Open 2023 Filing

Operations Trend

Revenue Growth99th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $1Expenses 2018: $0Net Income 2018: $12018Revenue 2019: $42,000Expenses 2019: $30,785Net Income 2019: $11,2152019Revenue 2020: $9,272Expenses 2020: $40,340Net Income 2020: -$31,0682020Revenue 2021: $40,065Expenses 2021: $8,981Net Income 2021: $31,0842021Revenue 2022: $581Expenses 2022: $3,216Net Income 2022: -$2,6352022Revenue 2023: $143,510Expenses 2023: $3,715Net Income 2023: $139,7952023Revenue 2024: $309,045Expenses 2024: $248,235Net Income 2024: $60,8102024

Highlighted filing

2023

Revenue$143,510
Expenses$3,715
Net Income$139,795
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SOPHIA MAGNONEPresident-$0--
Filing and Contact Details

Filer

Filer Name
The Peter Magnone Foundation
EIN
83-2889496
Phone
2017414142
Address
1034 EDGEWOOD LANE, FORT LEE, NJ 07024

Signing Officer

Name
Sophia Magnone
Title
President
Phone
2017414142
Signed
2024-05-09

Preparer

Firm
Sejong Llp
Address
65 CHALLENGER RD STE 250, RIDGEFIELD PARK, NJ 07660-2122
Preparer
Hoe Jung CPA
Phone
2012550063
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0SOPHIA MAGNONE
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0THERE IS NO RESTRICTION.
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt0249
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0PROFESSIONAL FEES
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt094
TaxesSchedule/TaxesDetail/Amt094
TaxesSchedule/TaxesDetail/CategoryTxt0EXCISE AND FRANCHISE TAXES
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SOPHIA MAGNONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/Filer/EIN0832889496
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010754454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SEJONG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt065 CHALLENGER RD STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIDGEFIELD PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0076602122
ReturnHeader/PreparerPersonGrp/PhoneNum02012550063
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOE JUNG CPA
ReturnHeader/ReturnTs02024-05-14T15:35:14-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SOPHIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAGNONE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$826,699
Liabilities
$0
Net assets
$826,699
Revenue
$143,510
Expenses
$3,715
Net income
$139,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.88$0.00$8.88$3.09$2.48$0.61
2023Detailed filing. Detailed filing data is available for this year.$8.27$0.00$8.27$1.44$0.04$1.40
2022Detailed filing. Detailed filing data is available for this year.$6.87$0.00$6.87$0.01$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$6.90$0.00$6.90$0.40$0.09$0.31
2020Detailed filing. Detailed filing data is available for this year.$6.58$0.00$6.58$0.09$0.40$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.00$6.90$0.42$0.31$0.11
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00