Nonprofit · EIN 47-1786936
MAGNOLIA SUPPORT GROUP
Tax-exempt · MAGNOLIA, TX 77353
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $161,223 | $178,060 | -$16,837 | $36,660 | $0 | $36,660 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,470
- Program service revenue
- $0
- Investment income
- $0
- Net income from gaming
- $147,753
- Other revenue
- $147,753
Expenses
- Grants and similar amounts paid
- $174,815
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,850
- Program services (functional)
- $174,815
- Management and general (functional)
- $3,245
Balance sheet and other
- Total assets, start of year
- $53,497
- Total assets, end of year
- $36,660
- Total liabilities, end of year
- $0
- Net assets, end of year
- $36,660
- Gross receipts
- $169,756
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2014
- State of legal domicile
- TX
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chris Jones | President Trustee or director | 2 | $0 |
| Chad Walling | Vice President Trustee or director | 2 | $0 |
| Angela Knee Hahn | Vice President Trustee or director | 2 | $0 |
| Melissa Jones | Treasurer Trustee or director | 2 | $0 |
| Mike Overman | Bingo Chairperson Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1578, MAGNOLIA, TX 77353-1578
- Mailing address (990-N for 2021)
- PO Box 1578, Magnolia TX 77353
- Principal officer (990 for 2024)
- Chris Jones, PO Box 1578, Magnolia, TX 77353
- Principal officer (990-N for 2021)
- Chris Jones, P O Box 1578, Magnolia TX 77353
- Signed the 990
- Chris Jones, President
- Phone
- (281) 541-5391
- Return prepared by
- GINA B CLARK CPA PLLC
Mission
To provide financial support for various community organizations in Magnolia, Texas.
Program accomplishments
- Provide support to various school organizations within the Magnolia Independent School District.Expenses $166,715
- Provide scholarships to students of the Magnolia Independent School District.Expenses $3,000 · grants $3,000
- Provide financial assistance for a disabled student.Expenses $5,100
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1786936
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $36,660
- Income (IRS master file)
- $169,756
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $161,223 | $178,060 | $36,660 | XML |
| 990 | December 2023 | $206,572 | $198,790 | $53,497 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Chris Jones | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Chris Jones | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Chris Jones | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MAGNOLIA SUPPORT GROUP
- What is the EIN of MAGNOLIA SUPPORT GROUP?
- The employer identification number (EIN) of MAGNOLIA SUPPORT GROUP is 47-1786936.
- Is MAGNOLIA SUPPORT GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MAGNOLIA SUPPORT GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGNOLIA SUPPORT GROUP 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 MAGNOLIA SUPPORT GROUP 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 MAGNOLIA SUPPORT GROUP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MAGNOLIA SUPPORT GROUP?
- The 990 for the year ended December 31, 2024 names Chris Jones.
- Who are the officers and directors of MAGNOLIA SUPPORT GROUP?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does MAGNOLIA SUPPORT GROUP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $161,223, expenses of $178,060 and total assets of $36,660 at year end.
Other nonprofits in MAGNOLIA
- HELEN AND VINCENT W SHIEL PRIVATE FOUNDATION INC EIN 01-0566327 · last filed 990-PF for 2025
- MAGNOLIA EDUCATION FOUNDATION EIN 76-0699381 · last filed 990 for 2023
- KARDOS FAMILY FOUNDATION EIN 37-6371315 · last filed 990-PF for 2025
- RELIEF WINES EIN 82-5028398 · last filed 990-EZ for 2023
- BIG ROCKS FOUNDATION INC EIN 45-4054644 · last filed 990-PF for 2025
- SHAMROCK SMOKRZ EIN 46-3473691 · last filed 990-EZ for 2024
- TEXAS CANINE REFUGE INC EIN 87-1992879 · last filed 990-N for 2025
- BOLD FAITH FOUNDATION EIN 46-5555580 · last filed 990-PF for 2025
All nonprofits in MAGNOLIA · Texas · Philanthropy, voluntarism and grantmaking foundations