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MAGNOLIA PRESSURE

CORINTH, Mississippi, 38834

EIN: 92-2853250

Recreation, Sports, Leisure, Athletics

DEMOGRAPHIC

ADDRESS
1803 PARK DR
38834
COUNTY
alcorn county, MS
IN CARE OF NAME
ALLEN BLACKMON

ORGANIZATIONAL OVERVIEW & RANKINGS

MAGNOLIA PRESSURE is a based in CORINTH, MS, focused on Recreation, Sports, Leisure, Athletics causes , specifically Basketball. Established in March 2023, it operates as an independent association and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,016,184 among 2,656,690 nonprofits nationally (Top 76%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 16,281 out of 21,650 organizations in MS (Top 76%).

In alcorn county, MS, the organization ranks 174 out of 184 nonprofits by assets (Top 90%), while locally in corinth, it stands at 143 among 163 organizations (Top 80%).

The organization reported no revenue in the most recent filing period, placing it at 2,543,041 nationally and 15,798 in MS.

Within its specific NTEE classification (N62 - N: Recreation, Sports, Leisure, Athletics), which includes 5,574 similar organizations, MAGNOLIA PRESSURE ranks 5,094 in assets (Top 92%) and 5,039 in revenue (Top 91%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
5: Association
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N62: Basketball
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
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2023
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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