Overview
What is Spitzer-Magis Center Fka Magis Institute?
The Spitzer-Magis Center Fka Magis Institute, located at 2532 Dupont Drive, Irvine, CA 92612, is a nonprofit organization that primarily focuses on organizing religious retreats, breakfast meetings, and seminars. Their main objective is to serve individuals with an interest in business administration, including company officers, their spouses, and college students. These events are designed primarily for worship and spiritual growth. The center, which currently employs ten individuals, aims to foster a spiritual environment for personal and professional development in the field of business administration.
Official website here: www.magiscenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 80% - Three-Star out of Four Star Rating
The Spitzer-Magis Center, formerly known as the Magis Institute, has earned a Three-Star rating from Charity Navigator, indicating a good level of accountability and finance management. The charity's overall score is based entirely on its accountability and finance beacon, which reflects its strong commitment to transparent financial practices and governance.
Strengths of the organization include a fully independent board with 15 members and a clean record regarding asset diversion. The charity demonstrates excellent financial ratios, with 81.16% of its expenses going directly to programs, and a fundraising efficiency ratio of just $0.02, signifying effective use of funds raised. Additionally, the center showcases transparency by distributing board meeting minutes and tax forms to its members.
While the organization's financial health appears robust, there is always room for improvement in areas such as expanding program outreach or diversifying funding sources. Overall, the Spitzer-Magis Center is well-regarded for its financial practices, contributing positively to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Spitzer-Magis Center Fka Magis Institute legitimate?
Spitzer-Magis Center Fka Magis Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spitzer-Magis Center Fka Magis Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $595,478
For more financial information, click here
Official website here: www.magiscenter.com
What is the mission statement of Spitzer-Magis Center Fka Magis Institute?
The Spitzer-Magis Center Fka Magis Institute, formerly known as Magis Institute, has a mission to organize religious conferences, retreats, and seminars primarily for company officers, their spouses, and college students with an interest in business administration. The primary objective of these events is to facilitate worship. The organization conducts religious retreats, breakfast meetings, and other seminars, providing a platform for individuals interested in business administration to engage in spiritual activities.
Official website here: www.magiscenter.com
Who is the CEO of Spitzer-Magis Center Fka Magis Institute?
Father Rj Spitzer Sj is the Chairman Of The Board of Spitzer-Magis Center Fka Magis Institute.
Official website here: www.magiscenter.com
What is the revenue of Spitzer-Magis Center Fka Magis Institute?
Spitzer-Magis Center Fka Magis Institute's revenue in 2022 was $2,261,602.
Official website here: www.magiscenter.com
Who are the executives of Spitzer-Magis Center Fka Magis Institute and what are their salaries?
The average compensation at Spitzer-Magis Center Fka Magis Institute during 2022 was $59,548. There are 10 employees at Spitzer-Magis Center Fka Magis Institute.
Here are 17 key members and their salaries:
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Official website here: www.magiscenter.com
Where can I find the form 990 for Spitzer-Magis Center Fka Magis Institute?
Spitzer-Magis Center Fka Magis Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magiscenter.com
Learn more at the official website: www.magiscenter.com
Mission Statement of Spitzer-Magis Center Fka Magis Institute
The Spitzer-Magis Center, formerly known as Magis Institute, is an organization dedicated to providing religious conferences, retreats, and seminars. Its primary purpose is to cater to individuals with an interest in business administration, including company officers, their spouses, and college students. The center's mission is to facilitate worship opportunities within these events, aiming to foster spiritual growth and development. To achieve this, the Spitzer-Magis Center conducts various religious retreats, breakfast meetings, and seminars, all centered around worship. The objective is to create a sanctuary for personal and professional growth, where individuals can explore their faith and connect with like-minded individuals in the realm of business administration.
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Impact
July, 2024
The Spitzer-Magis Center, formerly known as the Magis Institute, has had a significant impact by providing religious retreats, breakfast meetings, and seminars to individuals interested in business administration for the primary purpose of worship. Through these activities, the center has fostered spiritual growth, provided a space for reflection and discussion, and facilitated networking opportunities for like-minded individuals. The organization's focus on combining religious teachings with business administration has offered a unique perspective on leadership and ethics in the professional world. These efforts have contributed to the personal and spiritual development of attendees, potentially influencing their approach to work and life.
This information is meant to be a general summary of Spitzer-Magis Center Fka Magis Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,073
- Program Service Revenue: $115,274
- Gross Receipts: $2,261,602
Assets and Liabilities:
- Total Assets: $1,610,943
- Total Liabilities: $0
- Net Assets: $1,610,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOOK & LECTURE INCOME
Revenue
$115,274
Organization Details
Founding Year
2002
Phone
(949) 271-2727Principal Officer
Father Rj Spitzer Sj
Main Address
2532 DUPONT DRIVE, IRVINE, CA, 92612
Website
www.magiscenter.comNTEE Category
Code: X22 - Religion related
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