MICHAEL MAGRO FOUNDATION INC (EIN 202280077) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

PAUL MAGRO

Phone

7183261221

Tax Period

2024-01-01 to 2024-12-31

MICHAEL MAGRO FOUNDATION INC, founded in 2005, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $330K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO REDUCE THE FINANCIAL HARDSHIP OF FAMILIES OF CHILDREN DIAGNOSED WITH CANCER AND OR BLOOD DISORDERS AND HELP THOSE CHILDREN THROUGH THEIR TREATMENT AND THEIR AFTER TREATMENT PHASE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $329,680

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $329,680

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $285,157

Program Expenses $33,974

Other Expenses $336,325

TOTAL EXPENSES $336,325

Year-over-Year Comparison

	2024	2023	Change
Revenue	$329,680	$350,663	-0.1%
Expenses	$336,325	$385,618	-0.1%
Net Income	$-6,645	$-34,955	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE ALMEIDA	TRUSTEE	1.00	Director	$0	$0	$0
GINA BEDELL	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL BILLIA	TRUSTEE	1.00	Director	$0	$0	$0
DAWN DARDZINSKI	TRUSTEE	1.00	Director	$0	$0	$0
RYAN DEMPSEY	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS GALATI	TRUSTEE	1.00	Director	$0	$0	$0
JAMES MONTANA	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN HORVATH	TRUSTEE	1.00	Director	$0	$0	$0
THERESE MORA	TRUSTEE	1.00	Director	$0	$0	$0
MARC MAGRO	CO-FOUNDER	1.00	Director	$0	$0	$0
BARBARA SHEILDS	TRUSTEE	1.00	Director	$0	$0	$0
PAUL MAGRO	PRESIDENT	5.00	Officer	$0	$0	$0
TERRIE MAGRO	VP	5.00	Officer	$0	$0	$0
TAMMY SEVERINO	SECRETARY	5.00	Officer	$0	$0	$0
LINDA STEINBERG	TREASURER	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$329,680	$336,325	$68,224	$-6,645
2023	$350,663	$385,618	$74,869	$-34,955
2022	$433,663	$601,653	$109,824	$-167,990
2021	$377,960	$436,767	$277,814	$-58,807
2019	$295,525	$273,126	$214,930	$22,399

MICHAEL MAGRO FOUNDATION INC