Nonprofit · EIN 16-1622538
MILITARY MAGNET SCHOOL FOUNDATION
Tax-exempt · N CHARLESTON, SC 29405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ (amended) | $25,586 | $28,939 | -$3,353 | $352,458 | $0 | $352,458 |
| December 31, 2023 | 990-EZ | $51,267 | $47,775 | $3,492 | $332,043 | – | $332,043 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $25,450
- Investment income
- $136
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $350
- Printing, publications and postage
- $336
- Other expenses
- $28,253
- Program services (functional)
- $24,939
Balance sheet and other
- Total assets, start of year
- $332,043
- Total assets, end of year
- $352,458
- Total liabilities, end of year
- $0
- Net assets, end of year
- $352,458
- Cash, savings and investments
- $352,458
- Gross receipts
- $25,586
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH DAWSON JR | PRESIDENT | 1 | $0 |
| VICTORIA MONTGOMERY | TREASURER | 1 | $0 |
990-EZ for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSEPH DAWSON JR | PRESIDENT | 1 | $0 |
| VICTORIA MONTGOMERY | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2950 CARNER AVE, N CHARLESTON, SC 29405-8028
- In care of
- % CHARLESTON CO SCHOOL DIST
- Signed the 990-EZ
- VICTORIA A MONTGOMERY, TREASURER
- Phone
- (843) 745-3073
- Return prepared by
- ROBINSON BUSINESS SERVICES
Mission
SEE SCHEDULE O, STATEMENT 1
Program accomplishments
- To prepare students to become competent, disciplined, and responsible citizens.Expenses $24,939
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 16-1622538
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B112)
- Assets (IRS master file)
- $352,458
- Income (IRS master file)
- $25,586
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $25,586 | $28,939 | $352,458 | IRS |
| 990-EZ | December 2023 | $51,267 | $47,775 | $332,043 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1622538).
Questions about MILITARY MAGNET SCHOOL FOUNDATION
- What is the EIN of MILITARY MAGNET SCHOOL FOUNDATION?
- The employer identification number (EIN) of MILITARY MAGNET SCHOOL FOUNDATION is 16-1622538.
- Is MILITARY MAGNET SCHOOL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to MILITARY MAGNET SCHOOL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MILITARY MAGNET SCHOOL FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MILITARY MAGNET SCHOOL FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MILITARY MAGNET SCHOOL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of MILITARY MAGNET SCHOOL FOUNDATION?
- The 990-EZ for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does MILITARY MAGNET SCHOOL FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $25,586, expenses of $28,939 and total assets of $352,458 at year end.
Other nonprofits in N CHARLESTON
- CHARLESTON SOUTHERN UNIVERSITY EIN 57-0474291 · last filed 990 for 2025
- PALMETTO SCHOLARS ACADEMY INC EIN 26-4450679 · last filed 990 for 2025
- COMMUNITIES IN SCHOOLS OF SOUTH CAROLINA EIN 57-0931840 · last filed 990 for 2025
- ALLEGRO CHARTER SCHOOL OF MUSIC EIN 47-2167782 · last filed 990 for 2025
- UNITED ASSOCIATION OF JOURNEYMEN & APPRENTICES OF THE PLUMBING & PIPE EIN 57-1052701 · last filed 990 for 2025
- CLAPHAM EDUCATION GROUP EIN 82-1567491 · last filed 990 for 2024
- CRISTO REY CHARLESTON HIGH SCHOOL INC EIN 84-3785382 · last filed 990 for 2025
- COMPASS COLLEGIATE ACADEMY EIN 83-3056674 · last filed 990 for 2025