MAGNIFICAT CENTRAL SERVICE TEAM INC

EIN: 582227255 501(c)(3)

METAIRIE, LA

Total Revenue
$449,153
Total Expenses
$346,180
Total Assets
$536,278
Net Assets
$511,288
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
LA
Principal Officer
SHARLA PREJEAN
Phone
5048286279
Tax Period
2024-08-01 to 2025-07-31

MAGNIFICAT CENTRAL SERVICE TEAM INC, founded in 1981, is a small nonprofit that reported $449K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $103K, a strong 23% operating margin.

Mission

EVANGELIZATION AND MINISTRY TO CATHOLIC WOMEN

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $126,753
Program Service Revenue $239,955
Investment Income $15,794
Other Revenue $66,651
TOTAL REVENUE $449,153

Expense Breakdown

Grants Paid $0
Salaries & Benefits $53,156
Fundraising Expenses $0
Program Expenses $200,998
Other Expenses $293,024
TOTAL EXPENSES $346,180

Year-over-Year Comparison

2024 2023 Change
Revenue $449,153 $269,544 +0.7%
Expenses $346,180 $348,593 0.0%
Net Income $102,973 $-79,049 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
75

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
6
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA ROSS COORDINATOR-COMMUNICATIONS 40.00
Officer Director
$0 $0 $0
PAT HIGGINBOTHAN COORDINATOR-REGIONAL REPS 40.00
Officer Director
$0 $0 $0
ANGELA RIZZO ASST COORDINATOR 40.00
Officer Director
$0 $0 $0
MARY WILSON SECRETARY 40.00
Officer Director
$0 $0 $0
SHARLA PREJEAN TREASURER 40.00
Officer Director
$0 $0 $0
JACKIE FRANCE HISTORIAN 40.00
Officer Director
$0 $0 $0
BISHOP DAVID TOUPS STD SPIRITUAL ADVISOR 5.00
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
2025 $449,153 $346,180 $536,278 $102,973
2024 $269,544 $348,593 $403,664 $-79,049
2023 $260,308 $235,160 $464,732 $25,148
2022 $217,965 $257,956 $433,224 $-39,991
2021 $413,812 $184,138 $486,272 $229,674
2020 $134,401 $140,968 $233,796 $-6,567
2019 $309,112 $266,233 $243,994 $42,879
Explore More Nonprofits
Top 100 Nonprofits in Louisiana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MAGNIFICAT CENTRAL SERVICE TEAM INC with other nonprofits in Louisiana and across the country.