MAGDALENA MINISTRIES INC (EIN 800251526) - 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

2008

Legal Domicile

Principal Officer

REBECCA MCNITZKY

Phone

2105610505

Tax Period

2023-01-01 to 2023-12-31

MAGDALENA MINISTRIES INC, founded in 2008, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 48% operating margin.

Mission

MAGDALENA HOUSE IS A TRANSITIONAL HOME THAT SERVES MOTHERS AND THEIR CHILDREN WHO HAVE FLED DANGEROUS AND ABUSIVE LIVES BY PROVIDING TRANSFORMATION THROUGH EDUCATION, NURTURING COMMUNITY, AND PROGRAMMING. WE RESCUE THE LEAST AND THE LOST, SHARING HOPE FOR A NEW BEGINNING.

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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 $2,524,441

Program Service Revenue $0

Investment Income $53,752

Other Revenue $98,361

TOTAL REVENUE $2,676,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $960,086

Fundraising Expenses $208,979

Program Expenses $1,068,242

Other Expenses $428,473

TOTAL EXPENSES $1,388,559

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,676,554	$1,476,609	+0.8%
Expenses	$1,388,559	$1,195,936	+0.2%
Net Income	$1,287,995	$280,673	+3.6%

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

Volunteers

334

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
REBECCA MCNITZKY	EXECUTIVE DIRECTOR	40.00		$108,712	$0	$108,712
REV DENISE BARKER	EXECUTIVE DIRECTOR	40.00		$26,777	$0	$26,777
AMY THOMAS	Director	0.00	Director	$0	$0	$0
JOHN BARBIERI	Director	0.00	Director	$0	$0	$0
SHERI BEST	Director	0.00	Director	$0	$0	$0
CHRIS CALLAWAY	Director	0.00	Director	$0	$0	$0
MATT COUNTRYMAN	Director	0.00	Director	$0	$0	$0
BILL HARRISON	Director	0.00	Director	$0	$0	$0
MATT JACKSON	Director	0.00	Director	$0	$0	$0
JEFFREY P KEMP	Treasurer	0.00	Officer Director	$0	$0	$0
VANESSA KENON	Director	0.00	Director	$0	$0	$0
DAVE KOURY	Secretary	0.00	Officer Director	$0	$0	$0
GREG STROUD	Dir Emeritus	0.00	Director	$0	$0	$0
KELLY THOMPSON	Director	0.00	Director	$0	$0	$0
JEANNE TOUSLEY	President	0.00	Officer Director	$0	$0	$0
PAM WOOD	Director	0.00	Director	$0	$0	$0
REV DENISE BARKER	Dir Emeritus	0.00	Director	$0	$0	$0
JODYE S YOUNG	Director	0.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,676,554	$1,388,559	$6,391,648	$1,287,995
2022	$1,476,609	$1,195,936	$4,892,373	$280,673
2021	$1,282,412	$1,060,973	$4,427,731	$221,439
2020	$1,038,030	$802,434	$4,084,425	$235,596
2019	$1,088,854	$729,233	$3,867,995	$359,621
2018	$1,104,758	$575,555	$3,556,348	$529,203

MAGDALENA MINISTRIES INC