Magento Association

EIN: 833554159

Springfield, IL

Total Revenue
$382,097
Total Expenses
$440,529
Total Assets
$305,690
Net Assets
$205,557
🔒

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
2018
Legal Domicile
IL
Principal Officer
Joshua Warren
Phone
1759386731
Tax Period
2022-01-01 to 2022-12-31

MAGENTO ASSOCIATION, founded in 2018, is a small nonprofit that reported $466K in total revenue in fiscal year 2021. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $92K, a strong 20% operating margin.

Mission

Advance and empower the global Magento community and commerce ecosystem through open collaboration, education, and thought leadership.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $13,597
Program Service Revenue $368,500
Investment Income $0
Other Revenue $0
TOTAL REVENUE $382,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $440,529
TOTAL EXPENSES $440,529

Year-over-Year Comparison

2022 2021 Change
Revenue $382,097 $465,578 -0.2%
Expenses $440,529 $373,312 +0.2%
Net Income $-58,432 $92,266 -1.6%
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
5
Independent Members
5
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joshua Warren President 5.00
Officer Director
$0 $0 $0
Viacheslav Kravchuk Vice President 5.00
Officer Director
$0 $0 $0
Danny Verkade Secretary/Treas 5.00
Officer Director
$0 $0 $0
Sonja Franz Director 5.00
Director
$0 $0 $0
Brian Langerman Executive Dir. 20.00
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
2022 $382,097 $440,529 $305,690 $-58,432
2021 $465,578 $373,312 $291,699 $92,266
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Magento Association with other nonprofits in Illinois and across the country.