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Nonprofit · EIN 47-5461489

MAGNIFICENT 7 FOUNDATION INC

Tax-exempt · SOUTH JORDAN, UT 84009

Financials

$1K$8152021$0$02023$0$02024
Revenue Expenses · by fiscal year end
Financials of MAGNIFICENT 7 FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ–––$0$1,999-$1,999
December 31, 2024990$0$0$0$0$1,999-$1,999
December 31, 2023990$0$0$0$0$1,999-$1,999
December 31, 2021990$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.

NameTitleHours / weekCompensation
MATTHEW ATKINSONPRESIDENT0$0
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
MATTHEW ATKINSONPRESIDENT
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
MATTHEW ATKINSONPRESIDENT
Trustee or director, Officer
–$0
990 for the year ended December 31, 2021: 1 people
NameTitleHours / weekCompensation
MATTHEW ATKINSONPRESIDENT
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.

990-EZ for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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)
Assets (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025––$0XML
990December 2024$0$0$0IRS
990December 2023$0$0$0XML
990December 2022$0$357$0IRS
990December 2021$1,000$815$357XML
990December 2020–––IRS
990December 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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