Arthur and Holly Magill Foundation C/o Carl N Howden Cpa

Nonprofit profile at a glance

EIN
570713587
IRS 990-PF coverage
2012–2024
Forms available
Form 990-PF 2024, Form 990-T 2024
Location
Weston, FL, USA
Phone
9546486050
Rating
79
Verdict
SUPPORTED
Rating confidence
Standard

Reported finances

Revenue
$255,830
Expenses
$613,683

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

Overview

Mission

Arthur and Holly Magill Foundation C/o Carl N Howden Cpa is a nonprofit. Location: Weston, FL. EIN 570713587.

What it reported funding in 2024

The foundation reported 6 filed grant rows totaling $204,000. The stated grant purposes included charitable purposes - to assist the u.s. funding organization in providing individuals in under-served communities in lebanon, jordan, and palestine with skills developemnt (social skills, life skills, critical thinking, and wellbeing) and employment pathways. assistance includes programs for children in conflict situations., charitable purposes - to support the activities of the organization to address community needs along south carolina's coast, including the theodora park project which is dedicated to open spaces via a park open to the community to enjoy., and charitable purposes - to support the organization to foster a deeper understanding of colonial america and the evolution of life in the south by discovering, researching, conserving, and interpreting the history, context, and culture of the organization., plus 3 other reported purposes.

Operating model

Revenue model
Investment-supported. 98% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

SUPPORTED - A large share of available resources goes to charitable grants and the filing identifies who received its grants. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 33
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 32

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 62nd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 33.2%; rating input score 33; 10th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 13.91; rating input score 32; 32nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 32th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • 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.

  • Moderate — Cost Efficiency: Grant expense ratio scored 33/100.
  • Moderate — Endowment Health: Endowment-health comparison scored 32/100.
  • Review — Compliance: Foundation activity disclosures: Compensation paid to a disqualified person not reported.