MAGNIFICAT FOUNDATION INC (EIN 272942525) - 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

2010

Legal Domicile

Principal Officer

AXEL D'EPINAY

Phone

9145021855

Tax Period

2023-01-01 to 2023-12-31

MAGNIFICAT FOUNDATION INC, founded in 2010, is a micro nonprofit that reported $30K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $42K exceeded revenue, resulting in a 41% operating deficit.

Mission

TO PROMOTE EXPRESSIONS OF FAITH, PRAYER, AND DEVOTION

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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 (2023)

Revenue Breakdown

Contributions & Grants $29,845

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $29,845

Expense Breakdown

Grants Paid $11,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,528

Other Expenses $31,058

TOTAL EXPENSES $42,058

Year-over-Year Comparison

	2023	2022	Change
Revenue	$29,845	$20,341	+0.5%
Expenses	$42,058	$25,052	+0.7%
Net Income	$-12,213	$-4,711	+1.6%

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

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
BERNARDA NEAL	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROMANUS CESSARIO	CHAIRMAN	5.00	Officer Director	$0	$0	$0
AXEL D'EPINAY	DIRECTOR, CFO/TREASURER	5.00	Officer Director	$0	$0	$0
PIERRE-MARIE DUMONT	DIRECTOR	5.00	Director	$0	$0	$0
VINCENT MONTAGNE	DIRECTOR	5.00	Director	$0	$0	$0
JOHN CORCORAN	DIRECTOR	5.00	Director	$0	$0	$0
ARCHDUKE RUDOLPH OF AUSTRIA	DIRECTOR	5.00	Director	$0	$0	$0
FOLEF VAN NISPEN TOT SEVENAER	DIRECTOR	5.00	Director	$0	$0	$0
ROMAIN LIZE	DIRECTOR	5.00	Director	$0	$0	$0
PATRICK BAUGIER DE CHEVESTRE	DIRECTOR	5.00	Director	$0	$0	$0
DEBORAH NILSON	SECRETARY (THRU 10/19/23)	5.00	Officer	$0	$0	$0
CHRISTOPHER BYRNES	SECRETARY (FROM 10/19/23)	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	No data	No data	No data	No data
2023	$29,845	$42,058	$201,505	$-12,213
2022	$20,341	$25,052	$246,604	$-4,711
2021	$20,647	$11,298	$250,353	$9,349
2020	$23,247	$18,054	$255,632	$5,193
2019	$55,203	$62,440	$238,286	$-7,237
2018	$269,409	$636,983	$212,963	$-367,574

MAGNIFICAT FOUNDATION INC