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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 88-3144356

MAGNOLIA MISSION

Tax-exempt · FRANKLIN, NC 28734

Financials

$51K$53K2023$85K$81K2024
Revenue Expenses · by fiscal year end
Financials of MAGNOLIA MISSION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$84,774$81,147$3,627$22,317$301$22,016
July 31, 2024990$50,639$52,779-$2,140$18,687$298$18,389
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$84,774
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$20,824
Salaries, compensation and benefits (total)
$22,624
Professional fundraising fees
$0
Occupancy
$21,376
Program services (functional)
$81,147

Balance sheet and other

Total assets, start of year
$18,687
Total assets, end of year
$22,317
Total liabilities, end of year
$301
Net assets, end of year
$22,016
Net assets without donor restrictions
$19,641
Net assets with donor restrictions
$2,375
Gross receipts
$84,774
Employees
1
Volunteers
15
Year formed
2022
State of legal domicile
NC

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
REBECCA BENNETTEXECUTIVE DIRECTOR
Key employee
20$20,824
JILL MURPHYPRESIDENT
Officer
0$0
RUSSELL HAWKINSVICE PRESIDENT
Officer
0$0
RANDY JANOETREASURER
Officer
0$0
MICHELE HUBBSBOARD MEMBER
Officer
0$0
990 for the year ended July 31, 2024: 7 people
NameTitleHours / weekCompensation
REBECCA BENNETTEXECUTIVE DIRECTOR
Key employee
20$9,906
MICHELE HUBBSBOARD MEMBER
Officer
0$0
BRANDON CRONEBOARD MEMBER
Officer
0$0
RANDY JANOEBOARD MEMBER
Officer
0$0
LISA DEFORESTPRESIDENT
Officer
0$0
RUSSELL HAWKINSVICE PRESIDENT
Officer
0$0
JILL MURPHYTREASURER
Officer
0$0

Address and contacts

Address (IRS master file)
374 W MAIN ST, FRANKLIN, NC 28734-2925
In care of
% REBECCA BENNETT
Signed the 990
REBECCA BENNETT, EXECUTIVE DIRECTOR
Phone
(828) 371-1541
Return prepared by
Sharon F Bennett CPB EA Inc

Mission

SUPPORTING FOSTER AND ADOPTIVE FAMILIES IN FRANKLIN NC SO THAT THEY ARE ENCOURAGED AND EQUIPED TO PROVIDE FOR THE CHILDREN IN THEIR CARE

990 for the year ended July 31, 2025

Program accomplishments

  • WE ASSEMBLED AND DISTRIBUTED BOTH FOOD AND SUBSTANCE AND OTHER SUPPLIES TO SUPPORT FOSTER AND ADOPTIVE FAMILIES IN MACON COUNTY NC SO THAT THE FAMILES ARE ENCOURAGED AND EQUIPED TO PROVIDE FOR THE CHILDREN IN THEIR CARE
    Expenses $81,147 · revenue $84,774

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

File the 2025 990-EZ for MAGNOLIA MISSION

Due December 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
88-3144356
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
2022
Accounting year ends
July
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P32)
Assets (IRS master file)
$22,317
Income (IRS master file)
$84,774

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$84,774$81,147$22,317XML
990July 2024$50,639$52,779$18,687XML
990July 2023$29,867$9,338$20,529IRS

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 88-3144356).

Questions about MAGNOLIA MISSION

What is the EIN of MAGNOLIA MISSION?
The employer identification number (EIN) of MAGNOLIA MISSION is 88-3144356.
Is MAGNOLIA MISSION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to MAGNOLIA MISSION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAGNOLIA MISSION 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 MISSION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAGNOLIA MISSION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who are the officers and directors of MAGNOLIA MISSION?
The 990 for the year ended July 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $20,824 (REBECCA BENNETT, EXECUTIVE DIRECTOR).
How much revenue does MAGNOLIA MISSION have?
On its 990 for the year ended July 31, 2025 it reported revenue of $84,774, expenses of $81,147 and total assets of $22,317 at year end.

Other nonprofits in FRANKLIN

All nonprofits in FRANKLIN · North Carolina · Human services