Nonprofit · EIN 47-5461489
MAGNIFICENT 7 FOUNDATION INC
Tax-exempt · SOUTH JORDAN, UT 84009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | – | – | – | $0 | $1,999 | -$1,999 |
| December 31, 2024 | 990 | $0 | $0 | $0 | $0 | $1,999 | -$1,999 |
| December 31, 2023 | 990 | $0 | $0 | $0 | $0 | $1,999 | -$1,999 |
| December 31, 2021 | 990 | $1,000 | $815 | $185 | $357 | $1,999 | -$1,642 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
Expenses
- Compensation of officers, directors and key employees
- $0
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $1,999
- Net assets, end of year
- -$1,999
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW ATKINSON | PRESIDENT | 0 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW ATKINSON | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW ATKINSON | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2021: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW ATKINSON | PRESIDENT Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 3731 W SOUTH JORDAN PKW STE 102-505, SOUTH JORDAN, UT 84009-5634
- Signed the 990-EZ
- MATTHEW ATKINSON, PRESIDENT
- Phone
- (385) 800-8570
- Return prepared by
- EQUITABLE ACCOUNTING SERVICES LLC
Mission
THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
Program accomplishments
- THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
- THE MAGNIFICENT 7 IS INSPIRED BY A MOVIE FROM THE 1970'S ABOUT ASSISTING THOSE LESS FORTUNATE IN TIMES OF NEEDS. WITH THE INFLUENCE OF MORE THAN 7 INDIVIDUALS, YOU ARE ABLE TO MAKE A DIFFERENCE IN THOSE LIVES TO OVERCAME MANY CHALLENGES. THE PURPOSE OF THE MAGNIFICENT 7 FOUNDATION IS TO ASSIST THOSE WITH HUNGER, HOUSING AND TRAINING NEEDS IN THE LOCAL COMMUNITY.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-5461489
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L25)
- Assets (IRS master file)
- $1
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | – | – | $0 | XML |
| 990 | December 2024 | $0 | $0 | $0 | IRS |
| 990 | December 2023 | $0 | $0 | $0 | XML |
| 990 | December 2022 | $0 | $357 | $0 | IRS |
| 990 | December 2021 | $1,000 | $815 | $357 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5461489).
Questions about MAGNIFICENT 7 FOUNDATION INC
- What is the EIN of MAGNIFICENT 7 FOUNDATION INC?
- The employer identification number (EIN) of MAGNIFICENT 7 FOUNDATION INC is 47-5461489.
- Is MAGNIFICENT 7 FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MAGNIFICENT 7 FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGNIFICENT 7 FOUNDATION INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MAGNIFICENT 7 FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAGNIFICENT 7 FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MAGNIFICENT 7 FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
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