51
Magbit Foundation
Unknown · Beverly Hills, California
9420 Wilshire Blvd Ste 400, Beverly Hills, CA 90212-3151
EIN: 954307648· Founded: Sep 1991· 35 years active· Filing Year: 2023
Annual Revenue
$1.4M
Total Expenses
$850K
Total Assets
$3.0M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$153K
18.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
$153K
18% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 18%
Other overhead: 100%
0
Total Expenses$850K (60%)
Payroll$153K (18%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$1.4M annual revenue
Executive Compensation
$153K total officer comp (18.0% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.0M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.