990 Scout/ Magna Prep/ Financials

Financial Information for Magna Prep

Magna Prep's annual revenue was $304K in tax year 2020, reported on their IRS Form 990. They spent $273K in total expenses. 86% went to programs and services.

Financial Breakdown

What is Magna Prep's total annual expenses?

Magna Prep spent $273K in tax year 2020, according to their IRS Form 990 filing.

How much of Magna Prep's budget goes to programs?

Magna Prep spent $234K (86% of expenses) on programs and services in tax year 2020.

How much does Magna Prep spend on overhead?

Magna Prep's overhead in tax year 2020 includes administrative (14%) and fundraising (0%) of their expenses.

What is Magna Prep's net worth?

Magna Prep had net assets of $47K as of the end of tax year 2020.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.