Civic Intelligence

Zac Mago Foundation Inc.

990EZ • Fiscal year 2021 • EIN 83-3874431

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 09, 2022

29799 State Rd 4North Liberty, IN 46554-9126

(574) 807-4128

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

83rd percentile

44%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

86th percentile

73%

Faster asset growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

506%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$102,814

Up $43,482 (+73%) from 2020

Net Assets

Up

$102,744

Up $43,412 (+73%) from 2020

Liabilities

$70

No earlier filing loaded for comparison.

Revenue

Up

$99,707

Up $83,256 (+506%) from 2020

Expenses

Up

$56,295

Up $53,598 (+1987%) from 2020

Net Income

Up

$43,412

Up $29,658 (+216%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2019: $45,588Liabilities 2019: $02019Assets 2020: $59,332Net Assets 2020: $59,3322020Assets 2021: $102,814Liabilities 2021: $70Net Assets 2021: $102,7442021Assets 2022: $119,998Net Assets 2022: $119,9982022Assets 2023: $120,881Liabilities 2023: $904Net Assets 2023: $119,9772023Assets 2024: $135,333Liabilities 2024: $4,349Net Assets 2024: $130,9842024

Highlighted filing

2021

Assets$102,814
Liabilities$70
Net Assets$102,744

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2019: $76,983Expenses 2019: $31,395Net Income 2019: $45,5882019Revenue 2020: $16,451Expenses 2020: $2,697Net Income 2020: $13,7542020Revenue 2021: $99,707Expenses 2021: $56,295Net Income 2021: $43,4122021Revenue 2022: $44,937Expenses 2022: $27,684Net Income 2022: $17,2532022Revenue 2023: $78,229Expenses 2023: $78,250Net Income 2023: -$212023Revenue 2024: $173,996Expenses 2024: $162,988Net Income 2024: $11,0082024

Highlighted filing

2021

Revenue$99,707
Expenses$56,295
Net Income$43,412
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 9, 2022
Return Version
2021v4.0
Gross Receipts
$99,707
Mission and Program Overview

Mission

The mission of the foundation is to bring awareness, education and prevention of conditions that can cause sudden cardiac arrest

Program Services

DescriptionGrantsExpenses
TO BRING AWARENESS, EDUCATION AND PREVENTION OF CONDITIONS THAT CAN CAUSE SUDDEN CARDIAC ARREST.-$46,796
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERESA MAGOPresident-$0--
SARA WILLIAMSSecretary-$0--
ROB MILLERBoard Member-$0--
JOHN MURRAYBoard Member-$0--
JAMIE HALLBoard Member-$0--
TRAVIS HANNAHBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Zac Mago Foundation Inc
EIN
83-3874431
Address
29799 STATE RD 4, NORTH LIBERTY, IN 46554-9126

Signing Officer

Name
Teresa Mago
Title
President
Signed
2022-03-09
Discuss with paid preparer
Yes

Preparer

Firm
Parkison & Hinton Inc Pc
Address
PO BOX 638, LAPORTE, IN 46352-0638
Preparer
Dale a Parkison CPA
Phone
2193628547
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Fundraising events cost of goods sold 4,215 expenses advertising & marketing 9,196 bank fees 787 licenses/software fees 1,763 meals 440 conferences 300 insurance 2,274 purchase aed's 18,515 heart screenings 11,340 donations to other organi 1,025 dues & memberships 1,078 miscellaneous 2,810 non-investment depreciation 2,505 total 56,248

Form 990-ez, Part II, Line 24

Pledges receivable 0 3,875 inventories for sale or use 0 8,307 2,422 23,056 less accumulated depreciation 242 2,747 total 2,180 32,491

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 70

Form 990-ez, Part III

The mission of the foundation is to bring awareness, education and prevention of conditions that can cause sudden cardiac arrest

Raw XML Appendix145 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.

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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EVENTS COST OF GOODS SOLD 4,215 EXPENSES ADVERTISING & MARKETING 9,196 BANK FEES 787 LICENSES/SOFTWARE FEES 1,763 MEALS 440 CONFERENCES 300 INSURANCE 2,274 PURCHASE AED'S 18,515 HEART SCREENINGS 11,340 DONATIONS TO OTHER ORGANI 1,025 DUES & MEMBERSHIPS 1,078 MISCELLANEOUS 2,810 NON-INVESTMENT DEPRECIATION 2,505 TOTAL 56,248
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 0 3,875 INVENTORIES FOR SALE OR USE 0 8,307 2,422 23,056 LESS ACCUMULATED DEPRECIATION 242 2,747 TOTAL 2,180 32,491
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE FOUNDATION IS TO BRING AWARENESS, EDUCATION AND PREVENTION OF CONDITIONS THAT CAN CAUSE SUDDEN CARDIAC ARREST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits