Civic Intelligence

Magnus Foundation

990EZ • Fiscal year 2022 • EIN 83-3478471

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 15, 2023

Organization Profilemagnusfoundation.org
PO Box 214Pocopson, PA 19366

(610) 416-9620

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

93rd percentile

65%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

94th percentile

142%

Faster asset growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

48%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$13,680

Up $8,020 (+142%) from 2021

Net Assets

Up

$13,680

Up $8,020 (+142%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin93rd percentile

Revenue

Up

$12,289

Up $3,991 (+48%) from 2021

Expenses

Up

$4,269

Up $594 (+16%) from 2021

Net Income

Up

$8,020

Up $3,397 (+73%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

2022

Assets$13,680
Liabilities$0
Net Assets$13,680
Open 2022 Filing

Operations Trend

Revenue Growth72nd percentile

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

2022

Revenue$12,289
Expenses$4,269
Net Income$8,020
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 15, 2023
Return Version
2022v5.0
Gross Receipts
$12,289
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

Program Services

DescriptionGrantsExpenses
One shcholarship was awarded this year.$2,000$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer PannullaExecutive DirectorPT$0--
Peter BurchBoard PresidentPT$0--
John PatriarcaBoard SecretaryPT$0--
Paul RitchieBoard MemberPT$0--
Paul KazanjianBoard MemberPT$0--
Roberto OrtizBoard MemberPT$0--
David GayBoard Vice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
The Magnus Foundation
EIN
83-3478471
Phone
6104169620
Address
PO Box 214, Pocopson, PA 19366

Signing Officer

Name
Jennifer Pannulla
Title
Executive Director
Phone
6104169620
Signed
2023-03-15

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

“Scholarships Awarded 2000.”

Form 990EZ, Part I, Line 16

“Insurance 939.”

Form 990EZ, Part I, Line 16

“PO Box 72.”

Form 990EZ, Part I, Line 16

“Web Domain 203.”

Form 990EZ, Part I, Line 16

“Supplies 705.”

Raw XML Appendix179 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/BOYAmt05660
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013680
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012289
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt08020
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05660
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013680
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt012289
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05660
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013680
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05660
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013680
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt012.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt112.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt212.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt312.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt412.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt512.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt612.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jennifer Pannulla
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Peter Burch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2John Patriarca
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Paul Ritchie
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Paul Kazanjian
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Roberto Ortiz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6David Gay
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03919
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The 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
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0One shcholarship was awarded this year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0PA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04269
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt012289
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://magnusfoundation.org/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012289
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08298
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05154
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt026321
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt026321
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt012289
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08298
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0580
IRS990ScheduleA/Total509Grp/TotalAmt026321
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt026321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarships Awarded 2000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance 939.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PO Box 72.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Web Domain 203.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Supplies 705.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jennifer Pannulla
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06104169620
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Magnus Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0833478471
ReturnHeader/Filer/PhoneNum06104169620
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 214
ReturnHeader/Filer/USAddress/CityNm0Pocopson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019366
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02023-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christopher Reilly
ReturnHeader/ReturnTs02023-05-15T20:23:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jennifer
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Pannulla
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,680
Liabilities
$0
Net assets
$13,680
Revenue
$12,289
Expenses
$4,269
Net income
$8,020
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