Nonprofit screen
Screen a listMichael Magro Foundation 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 nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$330krevenue
FY2024 · −13% in 3 yrs6 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−2.0%
Months of reserve2.4mo
Revenue growth (annualized)+9.7%
Middle half of peersMedianMichael Magro
Where the money goes FY2024 · $336k spent
Programs$34k10%Management and general$17k5%Fundraising$285k85%990 FY2024 · Part IX line 25
Worth checking2
No return on record for FY2020
It filed for FY2019 and FY2021, with nothing on record in between.
IRS 990 e-file recordsDeficits in 3 of the last 3 years
−$168k in FY2022, −$35k in FY2023 and −$7k in FY2024. Cash covers 2.4 months, under the peer median of 7.6.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 10% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort28funders
$103ka year, last 3 years
42%from its largest funder
Funder’17’18’19’20’21’22’23The Dreiseszun Family FoundationSince FY2020$50k$75k$45k$10kPink Tie 1000 FoundationStopped after FY2019$24k$28k–Anne & John Tatta Family Foundation IncSince FY2021$20k$10k$15kThe Dubose & Dorothy Heyward Mem FdStopped after FY2021$15k$15k–Investors Foundation IncStopped after FY2022$8k$20k–Gladys and Mildred Tomiak Foundation Inc C/O Bradley BailynOn and off$13kDonor-advised giftsDonors not disclosed$8k$69k$5k$35416 other fundersUp to $8k a year each$6k$6k$10k$16k$3k$2k
FundedThrough a donor-advised fundStopped