MAGH PROPERTIES INC (EIN 561702808) - 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

1991

Legal Domicile

Principal Officer

JEFF ZUSI

Phone

7043929220

Tax Period

2024-07-01 to 2025-06-30

MAGH PROPERTIES INC, founded in 1991, is a micro nonprofit that reported $10K in total revenue in fiscal year 2024. Revenue surged 8629% from the prior year, signaling strong growth momentum. Expenses of $15K exceeded revenue, resulting in a 39% operating deficit.

Mission

CORPORATION ORGANIZED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO PROPERTY USED BY 501(C)(3).

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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 $10,473

Investment Income $2

Other Revenue $0

TOTAL REVENUE $10,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $14,547

TOTAL EXPENSES $14,547

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,475	$120	+86.3%
Expenses	$14,547	$13,876	+0.0%
Net Income	$-4,072	$-13,756	-0.7%

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

$92,308

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRINCE JOHNSON	EXECUTIVE DI	5.00	Director	$0	$0	$92,308
ANTHONY SCOTTO DI CARLO	DIRECTOR	5.00	Director	$0	$0	$0
COREEN MARKS	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
MANEET SINGH	DIRECTOR	5.00	Director	$0	$0	$0
DONALD TATE	PRESIDENT	5.00	Officer Director	$0	$0	$0
JEFF ZUSI	TREASURER	5.00	Officer 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
2025	$10,475	$14,547	$371,252	$-4,072
2024	$120	$13,876	$384,222	$-13,756
2023	$13	$13,761	$391,943	$-13,748
2022	$1	$13,305	$404,388	$-13,304
2021	$1	$13,304	$416,435	$-13,303
2020	$4	$13,484	$428,529	$-13,480
2019	$5	$13,512	$440,856	$-13,507
2018	$4	$13,509	$454,155	$-13,505

MAGH PROPERTIES INC