MAGNA PREP (EIN 815111029) - 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

2017

Legal Domicile

Principal Officer

Antonieo Wright

Phone

8885817737

Tax Period

2020-01-01 to 2020-12-31

MAGNA PREP, founded in 2017, is a small nonprofit that reported $304K in total revenue in fiscal year 2020. Revenue decreased 7% compared to the prior year. Expenses of $273K left a modest 10% surplus.

Mission

Provides before and after school programs and summer camp to assist youth in excelling academically

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $304,292

Investment Income $0

Other Revenue $0

TOTAL REVENUE $304,292

Expense Breakdown

Grants Paid $0

Salaries & Benefits $175,968

Fundraising Expenses $0

Program Expenses $234,247

Other Expenses $96,692

TOTAL EXPENSES $272,660

Year-over-Year Comparison

	2020	2019	Change
Revenue	$304,292	$327,655	-0.1%
Expenses	$272,660	$308,128	-0.1%
Net Income	$31,632	$19,527	+0.6%

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

N/A

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

$128,871

Total Directors

$8,164

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Antonieo Wright	Executive Director	40	Officer	$128,871	$0	$128,871
Marcus Allen	Board Member	5	Director	$8,164	$0	$8,164
Taleeah Allen	Board Member	2	Director	$0	$0	$0
Natasha Reeves	Board Member	2	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
2020	$304,292	$272,660	$156,108	$31,632
2019	$327,655	$308,128	$25,582	$19,527
2018	$245,055	$248,825	$6,055	$-3,770

MAGNA PREP