Nonprofit · EIN 26-1083914
FORT WORTH MAGNOLIA GREEN ASSOCIATION INC
Tax-exempt · FORT WORTH, TX 76102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $57,009 | $57,464 | -$455 | $37,271 | $4,506 | $32,765 |
| December 31, 2024 | 990-EZ | $54,092 | $53,005 | $1,087 | $34,249 | $5,752 | $28,497 |
| December 31, 2023 | 990-EZ | $69,461 | $61,927 | $7,534 | $33,215 | $1,084 | $32,130 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Membership dues
- $56,504
- Investment income
- $5
- Other revenue
- $500
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $495
- Professional fees and payments to contractors
- $28,356
- Occupancy
- $17,643
- Printing, publications and postage
- $27
- Other expenses
- $10,943
- Program services (functional)
- $50,841
Balance sheet and other
- Total assets, start of year
- $34,249
- Total assets, end of year
- $37,271
- Total liabilities, end of year
- $4,506
- Net assets, end of year
- $32,765
- Cash, savings and investments
- $36,426
- Gross receipts
- $57,009
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jack A Clark | PRESIDENT/DIRECTOR | 1 | $0 |
| Grant Summers | VICE PRESIDENT/DIRECTOR | 1 | $0 |
| Ronnie Woolbright | TREASURER | 1 | $0 |
| Michael Brennan | SECRETARY | 1 | $0 |
| Paul Coulter | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jack A Clark | PRESIDENT/DIRECTOR | 1 | $0 |
| Grant Summers | VICE PRESIDENT/DIRECTOR | 1 | $0 |
| Paul Coulter | DIRECTOR | 1 | $0 |
| Mike Brennan | SECRETARY | 1 | $0 |
| Ronnie Woolbright | TREASURER | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jack A Clark | PRESIDENT/DIRECTOR | 1 | $0 |
| Grant Summers | VICE PRESIDENT/DIRECTOR | 1 | $0 |
| Paul Coulter | DIRECTOR | 1 | $0 |
| Mike Brennan | SECRETARY | 1 | $0 |
| Ronnie Woolbright | TREASURER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 500 W 7TH ST STE 400, FORT WORTH, TX 76102-4733
- In care of
- % RED OAK REALTY LLC
- Mailing address (990-N for 2020)
- 500 W 7th ST Suite 1300, Fort Worth TX 76102
- Principal officer (990-N for 2020)
- Jack Clark, 500 W 7th ST Suite 1300, Fort Worth TX 76102
- Signed the 990-EZ
- Ronnie Woolbright, Treasurer
- Phone
- (817) 877-3300
- Return prepared by
- Forvis Mazars LLP
Mission
THE ADMINISTRATION AND ENFORCEMENT OF COVENANTS FOR PRESERVING ARCHITECTURE AND APPEARANCE OF DEVELOPMENT AND THE MAINTENANCE OF COMMON AREAS, INCLUDING STREETS, GREEN AREAS, AND SIDEWALKS, IN A MIXED-USE DEVELOPMENT.
Program accomplishments
- THE ASSOCIATION IS A MEMBERSHIP ORGANIZATION THAT WAS FORMED BY THE DEVELOPER OF MAGNOLIA GREEN, A MIXED USE DEVELOPMENT, AND IS OPERATED TO ADMINISTER AND ENFORCE COVENANTS FOR PRESERVING THE ARCHITECTURE AND APPEARANCE OF THE DEVELOPMENT, AND TO MAINTAIN COMMON GREEN AREAS, STREETS, AND SIDEWALKS ("COMMON AREAS") FOR THE USE OF ALL DEVELOPMENT OCCUPANTS AND MEMBERS OF THE GENERAL PUBLIC WHO USE SUCH COMMON AREAS. THE ASSOCIATION IS SUPPORTED BY ANNUAL MEMBER ASSESSMENTS. ITS ACTIVITIES ARE FOR THE COMMON BENEFIT OF THE WHOLE DEVELOPMENT RATHER THAN FOR INDIVIDUAL PROPERTY OWNERS OR THE DEVELOPER.Expenses $50,841
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | 990-EZ 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
- 26-1083914
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $37,271
- Income (IRS master file)
- $57,009
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $57,009 | $57,464 | $37,271 | IRS |
| 990-EZ | December 2024 | $54,092 | $53,005 | $34,249 | XML |
| 990-EZ | December 2023 | $69,461 | $61,927 | $33,215 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Jack Clark | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Jack A Clark | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-1083914).
Questions about FORT WORTH MAGNOLIA GREEN ASSOCIATION INC
- What is the EIN of FORT WORTH MAGNOLIA GREEN ASSOCIATION INC?
- The employer identification number (EIN) of FORT WORTH MAGNOLIA GREEN ASSOCIATION INC is 26-1083914.
- Is FORT WORTH MAGNOLIA GREEN ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2010.
- Are donations to FORT WORTH MAGNOLIA GREEN ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FORT WORTH MAGNOLIA GREEN ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FORT WORTH MAGNOLIA GREEN ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FORT WORTH MAGNOLIA GREEN ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of FORT WORTH MAGNOLIA GREEN ASSOCIATION INC?
- The 990-N for 2020 names Jack Clark.
- Who are the officers and directors of FORT WORTH MAGNOLIA GREEN ASSOCIATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does FORT WORTH MAGNOLIA GREEN ASSOCIATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $57,009, expenses of $57,464 and total assets of $37,271 at year end.
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