MAGNOLIA MISSION
FRANKLIN,
North Carolina,
28734
EIN: 88-3144356
Human Services - Multipurpose and Other
DEMOGRAPHIC
ADDRESS
39 HIGHAVEN LN
28734
COUNTY
macon county, NC
IN CARE OF NAME
BECKY BENNETT
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGNOLIA MISSION is a based in FRANKLIN, NC, focused on Human Services - Multipurpose and Other causes , specifically Foster Care. Established in September 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $20,529.00, this ranks 652,305 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,750 out of 80,207 organizations in NC (Top 21%).
In macon county, NC, the organization ranks 112 out of 356 nonprofits by assets (Top 28%), while locally in franklin, it stands at 63 among 240 organizations (Top 21%).
The organization reported annual revenue of $29,867.00, ranking 541,383 nationally (Top 21%) and 15,195 in NC (Top 19%).
Within its specific NTEE classification (P32 - P: Human Services - Multipurpose and Other), which includes 1,552 similar organizations, MAGNOLIA MISSION ranks 423 in assets (Top 27%) and 442 in revenue (Top 28%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a June 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
P: Human Services - Multipurpose and Other
NTEE CODE
P32: Foster Care
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
07/2023
ACCOUNTING PERIOD
07
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$29,867.00
FORM 990 REVENUE AMOUNT
$29,867.00
RULING DATE
09/2022
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$20,529.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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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