MAGIC JOHNSON FOUNDATION INC (EIN 954349860) - 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

1991

Legal Domicile

Principal Officer

EARVIN JOHNSON JR

Phone

3102464400

Tax Period

2019-01-01 to 2019-12-31

MAGIC JOHNSON FOUNDATION INC, founded in 1991, is a small nonprofit that reported $168K in total revenue in fiscal year 2019. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $524K exceeded revenue, resulting in a 211% operating deficit.

Mission

TO DEVELOP PROGRAMS AND SUPPORT COMMUNITY-BASED ORGANIZATIONS THAT ADDRESS THE EDUCATIONAL, HEALTH AND SOCIAL NEEDS OF ETHNICALLY DIVERSE, URBAN COMMUNITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $168,151

Program Service Revenue $0

Investment Income $26

Other Revenue $0

TOTAL REVENUE $168,177

Expense Breakdown

Grants Paid $437,000

Salaries & Benefits $38,710

Fundraising Expenses $213

Program Expenses $471,831

Other Expenses $48,031

TOTAL EXPENSES $523,741

Year-over-Year Comparison

	2019	2018	Change
Revenue	$168,177	$363,610	-0.5%
Expenses	$523,741	$463,752	+0.1%
Net Income	$-355,564	$-100,142	+2.6%

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

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
KAWANNA BROWN	BOARD MEMBER	2.00	Director	$0	$0	$0
ALESCIA BUFORD	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN MONROE	BOARD MEMBER	2.00	Director	$0	$0	$0
DEBBIE PATTILLO	BOARD MEMBER	2.00	Director	$0	$0	$0
STAN WASHINGTON	BOARD MEMBER	2.00	Director	$0	$0	$0
EARVIN JOHNSON JR	FOUNDER/CHAIRMAN	5.00	Officer Director	$0	$0	$0
EARLEATHA JOHNSON	VICE CHAIRPERSON/SECRETARY	2.00	Officer Director	$0	$0	$0
CLIFTON JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
SHANE JENKINS	VICE PRESIDENT	10.00	Officer	$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
2019	$168,177	$523,741	No data	$-355,564
2018	$363,610	$463,752	$355,908	$-100,142

MAGIC JOHNSON FOUNDATION INC