August C Magnus Memorial Fund
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
August C Magnus Memorial Fund is a 501(c)(3) organization based in Dallas, Texas, registered in 1951, with $12,480 in FY2023 revenue. CharityIndex grades it F.
Po Box 653067, Dallas, TX, 75265 EIN 23-7237663 Since 1951
Revenue (FY2023)
$12K
▲ 931.4% vs prior year
Expenses (FY2023)
$20K
Net assets
$316K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for August C Magnus Memorial Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating190 mo reserves · -60% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For August C Magnus Memorial Fund: 190 mo reserves · -60% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for August C Magnus Memorial Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For August C Magnus Memorial Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $6,323 (FY2013) to $12K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $316K
Operating margin
-60.3%
Spent more than it raised in the latest fiscal year.
Total assets
$316K
Total liabilities
$0
Net assets
$316K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,480▲931% | $20,000▼11.7% | $316,305▲0.6% | $316,305▲0.6% | 990PF |
| 2022 | -$1,501▼102% | $22,639▼15.3% | $314,475▼5.3% | $314,475▼5.3% | 990PF |
| 2021 | $65,200▲187% | $26,721▲14.9% | $331,905▼4.4% | $331,905▼4.4% | 990PF |
| 2020 | $22,723▼22.0% | $23,249▲13.7% | $347,226▲18.4% | $347,226▲18.4% | 990PF |
| 2019 | $29,120▲57.4% | $20,449▼12.5% | $293,272▼1.6% | $293,272▼1.6% | 990PF |
| 2018 | $18,506▼40.4% | $23,374▲1.3% | $297,933▼2.9% | $297,933▼2.9% | 990PF |
| 2017 | $31,040▲103% | $23,082▼3.6% | $306,802▲2.7% | $306,802▲2.7% | 990PF |
| 2016 | $15,297▲355% | $23,946▲40.0% | $298,595▼0.5% | $298,595▼0.5% | 990PF |
| 2015 | $3,360▼75.0% | $17,109▼43.0% | $300,220▼5.2% | $300,220▼5.2% | 990PF |
| 2014 | $13,450▲113% | $30,025▲42.3% | $316,734▼3.9% | $316,734▼3.9% | 990PF |
| 2013 | $6,323 | $21,099 | $329,581 | $329,581 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is August C Magnus Memorial Fund a legitimate nonprofit?
- Yes. August C Magnus Memorial Fund is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7237663, based in Dallas, Texas. Donations are tax-deductible.
- What is August C Magnus Memorial Fund's EIN?
- August C Magnus Memorial Fund's Employer Identification Number (EIN) is 23-7237663.
- How much revenue does August C Magnus Memorial Fund report?
- August C Magnus Memorial Fund reported $12,480 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does August C Magnus Memorial Fund have?
- CharityIndex grades August C Magnus Memorial Fund F, based on financial health (reserves and operating margin).
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Data for August C Magnus Memorial Fund (EIN 23-7237663) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.