Maginn Family Foundation (EIN 470836876) - 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

2000

Legal Domicile

Phone

4023423458

Tax Period

2024-01-01 to 2024-12-31

Maginn Family Foundation, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $46K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. Expenses of $41K left a modest 12% surplus.

Mission

Support Omaha Community Foundation's Mission

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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 $0

Program Service Revenue $0

Investment Income $46,119

Other Revenue $0

TOTAL REVENUE $46,119

Expense Breakdown

Grants Paid $32,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,800

Other Expenses $8,500

TOTAL EXPENSES $40,800

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,119	$29,265	+0.6%
Expenses	$40,800	$41,700	0.0%
Net Income	$5,319	$-12,435	-1.4%

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
Mary Kay Halpin	Treasurer	1.00	Officer Director	$0	$0	$0
LF Hammans	Director	1.00	Director	$0	$0	$0
Joleen Kelly	Director	1.00	Director	$0	$0	$0
John Maginn	President	4.00	Officer Director	$0	$0	$0
Carol Maginn	VP & Secretary	2.00	Officer Director	$0	$0	$0
Dr Barbara Marchese	Director	1.00	Director	$0	$0	$0
Shannan Brommer	Director	1.00	Director	$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	$46,119	$40,800	$957,988	$5,319
2023	$29,265	$41,700	$849,808	$-12,435
2022	$27,553	$51,018	$801,933	$-23,465
2021	$117,457	$57,572	$940,315	$59,885
2020	$38,796	$28,872	$809,699	$9,924

Maginn Family Foundation