MAGALE FOUNDATION
SHREVEPORT,
Louisiana,
71101
EIN: 72-6025096
Other school related activities
Gifts grants or loans to other organizations
DEMOGRAPHIC
ADDRESS
333 TEXAS ST STE 699
71101
COUNTY
caddo county, LA
IN CARE OF NAME
FIRST NATL BK OF SHREVEPORT
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGALE FOUNDATION is a based in SHREVEPORT, LA . Established in February 1959, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $2,465,894.00, this ranks 135,128 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 1,342 out of 33,837 organizations in LA (Top 4%).
In caddo county, LA, the organization ranks 91 out of 2,219 nonprofits by assets (Top 4%), while locally in shreveport, it stands at 89 among 2,046 organizations (Top 5%).
The organization reported no revenue in the most recent filing period, placing it at 1,914,502 nationally and 22,981 in LA.
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, MAGALE FOUNDATION ranks 39,929 in assets (Top 6%) and 723,257 in revenue (Top 93%).
The organization files a 990 - Not required to file(all other) and operates on a October fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other school related activities
Gifts grants or loans to other organizations
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
11/2023
ACCOUNTING PERIOD
11
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,088,201.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/1959
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,465,894.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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