CSCharityScored
38

Magnet Qalicb Inc

Community Development · Cleveland, Ohio

1800 E 63Rd St, Cleveland, OH 44103-3833

EIN: 882834792· Founded: May 2023· 3 years active· Filing Year: 2023

Annual Revenue

$2.4M

Total Expenses

$2.5M

Total Assets

$15.4M

Program Spending

19%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

Not reported

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

Not reported

Where the Money Goes

19%
Programs: 19%
Payroll: 0%
Other overhead: 81%
Program Revenue$485K (20%)
Total Expenses$2.5M (100%)
Overhead (non-program)81%

Trust Score Breakdown

Program Spending Ratio

19% of expenses go to programs

40%

Revenue & Stability

$2.4M annual revenue

15%

Executive Compensation

Not reported

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$15.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.