DEMOGRAPHIC
ADDRESS
5367 I-49 S SVC RD
70570
COUNTY
saint landry county, LA
IN CARE OF NAME
R KEITH BROUSSARD
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGNOLIA CDC is a based in OPELOUSAS, LA, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in December 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $199,041.00, this ranks 408,928 among 2,656,690 nonprofits nationally (Top 16%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 4,355 out of 33,837 organizations in LA (Top 13%).
In saint landry county, LA, the organization ranks 54 out of 477 nonprofits by assets (Top 11%), while locally in opelousas, it stands at 24 among 234 organizations (Top 8%).
The organization reported annual revenue of $382,608.00, ranking 210,464 nationally (Top 8%) and 2,369 in LA (Top 7%).
Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, MAGNOLIA CDC ranks 1,835 in assets (Top 10%) and 1,118 in revenue (Top 6%).
Note: This organization's tax-exempt status was temporarily revoked on February 15, 2022 and was reinstated on February 15, 2022 .
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S20: Community, Neighborhood Development, Improvement (General)
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Tuesday, February 15, 2022;
Reinstated: Tuesday, February 15, 2022
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$382,608.00
FORM 990 REVENUE AMOUNT
$382,608.00
RULING DATE
12/2022
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$199,041.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 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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