MAGNOLIA SON INC
LAUDERDALE,
Mississippi,
39335
EIN: 47-1795967
Human Services - Multipurpose and Other
MISSION
Magnolia Son strives to help underprivileged youth in the state of MS develop better self esteem and encourage school participation. We distribute over 100 pairs of name brand tennis shoes a year as well as award a $5000 college scholarship annually
WWW.MAGNOLIASON.COMDEMOGRAPHIC
ADDRESS
3776 LAKE SHORE DRIVE
39335
COUNTY
lauderdale county, MS
IN CARE OF NAME
RAE ANDREACCHIO
ORGANIZATIONAL OVERVIEW & RANKINGS
MAGNOLIA SON INC is a based in LAUDERDALE, MS, focused on Human Services - Multipurpose and Other causes , specifically Children's, Youth Services. Established in November 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,437,334 among 2,656,690 nonprofits nationally (Top 55%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 10,529 out of 21,650 organizations in MS (Top 49%).
In lauderdale county, MS, the organization ranks 180 out of 596 nonprofits by assets (Top 30%), while locally in lauderdale, it stands at 6 among 17 organizations (Top 6%).
The organization reported no revenue in the most recent filing period, placing it at 1,369,911 nationally and 12,847 in MS.
Within its specific NTEE classification (P30 - P: Human Services - Multipurpose and Other), which includes 10,314 similar organizations, MAGNOLIA SON INC ranks 6,608 in assets (Top 65%) and 4,812 in revenue (Top 47%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2019 and was reinstated on August 15, 2021 .
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. Additional information can be found at WWW.MAGNOLIASON.COM.
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
P30: Children's, Youth Services
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
Revoked: Wednesday, May 15, 2019;
Reinstated: Sunday, August 15, 2021
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2021
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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