Nonprofit screen
Screen a listMagnet Qalicb Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- Type I
$743krevenue
FY20253 of 3years filed
’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−57.5%
Months of reserve3.0mo
Revenue growth (annualized)−44.7%
Middle half of peersMedianMagnet Qalicb
Where the money goes FY2025 · $1.2M spent
Programs$140k12%Management and general$1.0M88%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$114k in FY2023, −$316k in FY2024 and −$427k in FY2025. Cash covers 3.0 months, under the peer median of 7.9.
990 Part I and balance sheetIn its favor1
Strong governance
3 of 3 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI1funder
Funded