BEVERLY HILLS, CA
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)MAGIC JOHNSON FOUNDATION, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 709% from the prior year, signaling strong growth momentum. The organization ran a surplus of $793K, a strong 73% operating margin.
THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO INITIATE AND SUPPORT PROGRAMS THAT HELP TO SERVE UNDERSERVED COMMUNITIES AND ENHANCE THE LIVES OF UNDERPRIVILEGED AND NEEDY INDIVIDUALS, AND TO INITIATE AND SUPPORT CHARITABLE PROGRAMS THAT FURTHER THE HEALTH AND EDUCATION OF THE PUBLIC.
HOLIDAY HOPE: PROVIDED HOLIDAY JOY TO FAMILIES IN NEED. MUCH NEEDED RESOURCES (FOOD, CLOTHES, TOY, BOOKS)
THE EARVIN JOHNSON, SR. SCHOLARSHIP FUND: THE PROGRAM IS DESIGNED TO PROVIDE SUPPORT FOR DESERVING AFRICAN AMERICAN INCOMING FRESHMAN AT MICHIGAN STATE UNIVERSITY WHO EXEMPLIFY A STRONG COMMITMENT...
THE EARVIN JOHNSON, SR. SCHOLARSHIP FUND: THE PROGRAM IS DESIGNED TO PROVIDE SUPPORT FOR DESERVING AFRICAN AMERICAN INCOMING FRESHMAN AT MICHIGAN STATE UNIVERSITY WHO EXEMPLIFY A STRONG COMMITMENT FOR ACADEMIC ACHIEVEMENT BUT FACE SOCIO-ECONOMIC CONDITIONS THAT HINDER THEM FROM REACHING THEIR FULL POTENTIAL.
MAGIC OF CHRISTMAS INITIATIVE: THE PROGRAM IS DESIGNED TO PROVIDE SUPPORT, HOPE, AND A SENSE OF COMMUNITY TO THOSE IN NEED. OUR GOAL IS TO SPREAD JOY AND ALLEVIATE SOME OF THESE BURDENS FOR FAMILIES...
MAGIC OF CHRISTMAS INITIATIVE: THE PROGRAM IS DESIGNED TO PROVIDE SUPPORT, HOPE, AND A SENSE OF COMMUNITY TO THOSE IN NEED. OUR GOAL IS TO SPREAD JOY AND ALLEVIATE SOME OF THESE BURDENS FOR FAMILIES DURING THE HOLIDAYS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,092,927 | $135,100 | +7.1% |
| Expenses | $299,535 | $105,212 | +1.8% |
| Net Income | $793,392 | $29,888 | +25.5% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| EARVIN JOHNSON JR | BOARD CHAIR, PRESIDENT, DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KAWANNA BROWN | TREASURER, DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EARLETHA JOHNSON | SECRETARY, DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,092,927 | $299,535 | $949,025 | $793,392 |
Compare MAGIC JOHNSON FOUNDATION with other nonprofits in California and across the country.