MAGNOLIA EDUCATION FOUNDATION
MAGNOLIA,
Texas,
77353
EIN: 76-0699381
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
PO BOX 55
77353
COUNTY
montgomery county, TX
IN CARE OF NAME
DACIA R OWENS PRESIDENT
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGNOLIA EDUCATION FOUNDATION is a based in MAGNOLIA, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in October 2002, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $156,827.00, this ranks 438,992 among 2,656,690 nonprofits nationally (Top 17%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 28,645 out of 202,022 organizations in TX (Top 15%).
In montgomery county, TX, the organization ranks 393 out of 3,826 nonprofits by assets (Top 11%), while locally in magnolia, it stands at 28 among 418 organizations (Top 6%).
The organization reported annual revenue of $242,386.00, ranking 263,502 nationally (Top 10%) and 16,160 in TX (Top 8%).
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, MAGNOLIA EDUCATION FOUNDATION ranks 18,583 in assets (Top 60%) and 411 in revenue (Top 2%).
The organization files a 990 (all other) or 990EZ return and operates on a April 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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T20: Private Grantmaking Foundations
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
TAX PERIOD
05/2023
ACCOUNTING PERIOD
05
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$242,386.00
FORM 990 REVENUE AMOUNT
$242,386.00
RULING DATE
10/2002
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$156,827.00
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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