Magbit Foundation is a charitable organization in Beverly Hills, California. Its tax id (EIN) is 95-4307648. It was granted tax-exempt status by IRS in September, 1991. For detailed information such as income and other financial data of Magbit Foundation, refer to the following table.
| Organization Name | Magbit Foundation |
|---|---|
| Tax Id (EIN) | 95-4307648 |
| Address | 9420 Wilshire Blvd Ste 400, Beverly Hills, CA 90212-3151 |
| All tax-exempt organizations in zip code 90212 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| December, 2013 | $1,065,106 | $1,052,427 | $1,052,427 |
| December, 2014 | $820,808 | $731,115 | $731,115 |
| December, 2015 | $861,130 | $733,590 | $733,590 |
| December, 2016 | $954,315 | $570,888 | $570,888 |
| December, 2017 | $1,243,933 | $1,002,948 | $1,002,948 |
| December, 2018 | $1,486,324 | $1,194,643 | $864,629 |
| December, 2019 | $2,348,711 | $1,655,988 | $1,186,620 |
| December, 2020 | $1,572,243 | $147,657 | $139,133 |
| December, 2021 | $1,273,743 | $109,000 | $100,182 |
| December, 2022 | $2,448,864 | $2,117,925 | $1,679,698 |
| December, 2023 | $3,009,129 | $1,422,033 | $1,407,554 |
| IRS Exempt Status Ruling Date | September, 1991 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are deductible |
| Tax Exempt Classification | Unknown |
| Tax Exempt Activity | Unknown |
| NTEE Code | Z99 |
| Organization's purposes, activities, & operations |
Boy Scouts, Girl Scouts, etc.
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
| Organization Type | Corporation |
| Organization Classification | Charitable Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 (all other) or 990EZ return |
| Private Foundation Filing Requirement | No need to 990-PF return |
| Asset Range Reported on Form 990 | $1,000,000 to 4,999,999 |
| Income Range Reported on Form 990 | $1,000,000 to 4,999,999 |
| Accounting Period | 12 |