Albertus Magnus Institute Inc

Nonprofit profile at a glance

EIN
833427490
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Sacramento, CA, USA
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Arts Service Organizations and Activities

Reported finances

Revenue
$156,364
Expenses
$123,315
Assets
$65,015

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Patrick Downey (President)
  • John Johnson (Executive Director)

People named in this filing

  • Patrick Downey (President)
  • Brian A Long Jr (Secretary and Treasurer)
  • Lucas Shimizu (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of the Albertus Magnus Institute Inc. is to provide affordable access to classical liberal arts education through on-line classes lectures presentations and by other means.

What it reported doing in 2024

Magnus Fellowship - Magnus Fellowship including Magnus Course Archive and Magnus Articles - In Aug 2024-July 2025 we administered 12 live on-line tutorial courses in literature logic rhetoric poetry philosophy politics and Ancient Greek serving 300 student Fellows free of charge. 18-30 participants met weekly for 1.5-3 hours over 8-weeks to discuss great books with volunteer Senior Fellows PhD or equivalent. Through the Magnus Course Archive 137 Fellows accessed over 1200 hours of recorded collegiate level classical liberal arts courses. All digital architecture for our on-line campus was maintained updated and expanded. We grew Magnus Articles with 15 short essays on topics of literature philosophy politics mathematics history and education.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 54
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 21.1%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -46.9% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -3.9% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 74.6% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.