Nonprofit · EIN 86-1388777
MUSD HOLDING CORP
Tax-exempt · MADERA, CA 93637
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $452,888 | $1,368,912 | -$916,024 | $34,269,873 | $9,185,770 | $25,084,103 |
| June 30, 2024 | 990 | $452,888 | $1,385,851 | -$932,963 | $35,291,062 | $9,290,935 | $26,000,127 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $452,888
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $20,383
- Depreciation
- $1,172,112
- Program services (functional)
- $1,368,912
Balance sheet and other
- Total assets, start of year
- $35,291,062
- Total assets, end of year
- $34,269,873
- Total liabilities, end of year
- $9,185,770
- Net assets, end of year
- $25,084,103
- Land, buildings and equipment
- $32,507,431
- Net assets without donor restrictions
- $25,084,103
- Gross receipts
- $452,888
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- State of legal domicile
- CA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ARELIS GARCIA | TREASURER Trustee or director, Officer | 1 | $0 | $216,446 | $18,351 |
| SANDON SCHWARTZ | PRESIDENT Trustee or director, Officer | 1 | $0 | $214,113 | $19,780 |
| NICHOLE MOSQUEDA | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| RANJIT CHAHAL | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| JOHN WILLIAMS | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SANDON SCHWARTZ | PRESIDENT Trustee or director, Officer | 1 | $0 | $210,032 | $19,163 |
| ARELIS GARCIA | TREASURER Trustee or director, Officer | 1 | $0 | $201,991 | $17,787 |
| NICHOLE MOSQUEDA | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| RANJIT CHAHAL | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| JOHN WILLIAMS | BOARD MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1902 HOWARD RD, MADERA, CA 93637-5123
- Principal officer (990 for 2024)
- ARELIS GARCIA, 1902 HOWARD RD, MADERA, CA 93637
- Signed the 990
- ARELIS GARCIA, TREASURER
- Phone
- (559) 675-4500
- Return prepared by
- NOVOGRADAC & COMPANY LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 86-1388777 or by the name MUSD HOLDING CORP.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE ORGANIZATION'S MISSION IS TO BENEFIT, TO PERFORM ON BEHALF OF, AND/OR TO SUPPORT MADERA UNIFIED SCHOOL DISTRICT.
Program accomplishments
- THE ORGANIZATION RECEIVED FINANCING FROM THE NEW MARKETS TAX CREDIT PROGRAM AND HOLDS THE BUILDING AND LAND IN WHICH MUSD OPERATES ONE OF ITS SCHOOLS. THE ORGANIZATION ASSISTS MUSD WITH DEVELOPING AND FINANCING REAL PROPERTY ASSETS FOR THE CONSTRUCTION AND DEVELOPMENT OF NEW EDUCATIONAL BUILDINGS THAT WILL ASSIST MUSD IN FURTHERING MUSD'S CHARITABLE PURPOSES.Expenses $1,368,912 · revenue $452,888
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1388777
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type III functionally integrated
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $34,269,873
- Income (IRS master file)
- $452,888
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $452,888 | $1,368,912 | $34,269,873 | XML |
| 990 | June 2024 | $452,888 | $1,385,851 | $35,291,062 | XML |
| 990 | June 2023 | $452,888 | $1,341,612 | $36,125,728 | IRS |
| 990 | June 2022 | $489,850 | $1,284,898 | $36,920,229 | IRS |
| 990 | June 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 86-1388777).
Questions about MUSD HOLDING CORP
- What is the EIN of MUSD HOLDING CORP?
- The employer identification number (EIN) of MUSD HOLDING CORP is 86-1388777.
- Is MUSD HOLDING CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to MUSD HOLDING CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does MUSD HOLDING CORP 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 MUSD HOLDING CORP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSD HOLDING CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MUSD HOLDING CORP?
- The 990 for the year ended June 30, 2025 names ARELIS GARCIA.
- Who are the officers and directors of MUSD HOLDING CORP?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does MUSD HOLDING CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $452,888, expenses of $1,368,912 and total assets of $34,269,873 at year end.
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