Civic Intelligence

Magnus Foundation

990EZ • Fiscal year 2019 • EIN 83-3478471

Jan 01, 2019 to Dec 31, 2019 • Filed on May 14, 2020

Organization ProfileN/A
PO Box 249Kennett Square, PA 19348

(610) 416-9620

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.86x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

0.86x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

68th percentile

14%

Higher net margin than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets93rd percentile

Assets

$580

No earlier filing loaded for comparison.

Net Assets

$80

No earlier filing loaded for comparison.

Liabilities

$500

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin68th percentile

Revenue

$580

No earlier filing loaded for comparison.

Expenses

$500

No earlier filing loaded for comparison.

Net Income

$80

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20K$15K$10K$5.0K$0Assets 2019: $580Liabilities 2019: $500Net Assets 2019: $802019Assets 2020: $1,731Liabilities 2020: $367Net Assets 2020: $1,3642020Assets 2021: $5,660Liabilities 2021: $0Net Assets 2021: $5,6602021Assets 2022: $13,680Liabilities 2022: $0Net Assets 2022: $13,6802022Assets 2023: $15,255Liabilities 2023: $0Net Assets 2023: $15,2552023Assets 2024: $12,115Net Assets 2024: $12,1152024

Highlighted filing

2019

Assets$580
Liabilities$500
Net Assets$80
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15K$10K$5.0K$0-$5.0KRevenue 2019: $580Expenses 2019: $500Net Income 2019: $802019Revenue 2020: $5,264Expenses 2020: $3,980Net Income 2020: $1,2842020Revenue 2021: $8,298Expenses 2021: $3,675Net Income 2021: $4,6232021Revenue 2022: $12,289Expenses 2022: $4,269Net Income 2022: $8,0202022Revenue 2023: $7,030Expenses 2023: $5,455Net Income 2023: $1,5752023Revenue 2024: $4,468Expenses 2024: $7,608Net Income 2024: -$3,1402024

Highlighted filing

2019

Revenue$580
Expenses$500
Net Income$80
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 14, 2020
Return Version
2019v5.1
Gross Receipts
$580
Mission and Program Overview

Mission

The Magnus Foundation seeks to provide financial resources to board selected students and employees of Magnus Karate, LLC who aim to enchance their lives through higher education training of their

The Magnus Foundation seeks to provide advanced education tuition assistance to Magnus Karate students.

Program Services

DescriptionGrantsExpenses
This was the programs first year and was started in in December therefore nothing has been accomplished todate.$0$0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer PannullaExecutive Director-$0--
Peter BurchBoard President-$0--
John PatriarcaBoard Secretary-$0--
Jami McManusBoard Treasurer-$0--
Paul RitchieBoard Member-$0--
Paul KazanjianBoard Member-$0--
Roberto OrtizBoard Member-$0--
Anne Marie D'AngeloBoard Member-$0--
David GayBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Magnus Foundation
EIN
83-3478471
Phone
6104169620
Address
PO Box 249, Kennett Square, PA 19348

Signing Officer

Name
Jennifer Pannulla
Title
Executive Director
Phone
6104169620
Signed
2020-05-14

Preparer

Firm
Christopher J Reilly
Address
324 Carriage Drive, Mt Royal, NJ 08061
Preparer
Christopher Reilly
Phone
6093046075
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Start Up Costs 500.”

Raw XML Appendix175 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/PersonNm0Jennifer Pannulla
IRS990EZ/BooksInCareOfDetail/PhoneNum06104169620
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 249
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Kennet Square
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019348
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0580
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0580
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt080
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0580
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0580
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt080
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt080
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt82.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jennifer Pannulla
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Peter Burch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Patriarca
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jami McManus
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Paul Ritchie
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Paul Kazanjian
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Roberto Ortiz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Anne Marie D'Angelo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8David Gay
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The Magnus Foundation seeks to provide advanced education tuition assistance to Magnus Karate students.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0This was the programs first year and was started in in December therefore nothing has been accomplished todate.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0500
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0580
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0580
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0580
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0580
IRS990ScheduleA/Total509Grp/TotalAmt0580
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Start Up Costs 500.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jennifer Pannulla
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06104169620
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Magnus Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0833478471
ReturnHeader/Filer/PhoneNum06104169620
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 249
ReturnHeader/Filer/USAddress/CityNm0Kennett Square
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019348
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0926EDDBBC9C574684E9830D7EC908951A308451D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0926EDDBBC9C574684E9830D7EC908951A308451D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.199.101.222
ReturnHeader/FilingSecurityInformation/IPDt02020-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm019:00:40
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTOPHER J REILLY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0324 Carriage Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mt Royal
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008061
ReturnHeader/PreparerPersonGrp/PhoneNum06093046075
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christopher Reilly
ReturnHeader/ReturnTs02020-05-15T19:01:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$580
Liabilities
$500
Net assets
$80
Revenue
$580
Expenses
$500
Net income
$80
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.1$12.1$4.47$7.61$3.14
2023Detailed filing. Detailed filing data is available for this year.$15.3$0.00$15.3$7.03$5.46$1.58
2022Detailed filing. Detailed filing data is available for this year.$13.7$0.00$13.7$12.3$4.27$8.02
2021Detailed filing. Detailed filing data is available for this year.$5.66$0.00$5.66$8.30$3.68$4.62
2020Detailed filing. Detailed filing data is available for this year.$1.73$0.37$1.36$5.26$3.98$1.28
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.50$0.08$0.58$0.50$0.08