Nonprofit · EIN 95-4619184
FRIENDS OF THE HIGHLY GIFTED MAGNET INC
Tax-exempt · VALLEY VLG, CA 91607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2026 | 990-EZ | $153,229 | $99,362 | $53,867 | $170,253 | – | $170,253 |
| July 31, 2025 | 990-EZ | $81,048 | $86,657 | -$5,609 | $116,386 | – | $116,386 |
Financial details: 990-EZ for the year ended July 31, 2026
Revenue
- Contributions, gifts and grants
- $152,088
- Investment income
- $461
- Other revenue
- $680
Expenses
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $190
- Other expenses
- $99,172
- Program services (functional)
- $99,172
Balance sheet and other
- Total assets, start of year
- $116,386
- Total assets, end of year
- $170,253
- Total liabilities, end of year
- –
- Net assets, end of year
- $170,253
- Cash, savings and investments
- $170,253
- Gross receipts
- $153,229
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 July 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ji Xu | Treasurer | 5 | $0 |
| Suzanne Luke | Vice President | 5 | $0 |
| Jocelyn Kim | President | 5 | $0 |
990-EZ for the year ended July 31, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lucinda Brown | President | 5 | $0 |
| Suzanne Luke | Vice President | 5 | $0 |
| Ji Xu | Treasurer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 12439 MAGNOLIA BLVD PMB 108, VALLEY VLG, CA 91607-2450
- In care of
- % ELIZABETH MCGOLDRICK
- Mailing address (990-N for 2023)
- 12439 Magnolia st unit 108, North Hollywood CA 91607
- Principal officer (990-N for 2023)
- Viktoriya Khusit, 12439 Magnolia Blvd 108, North Hollywood CA 91607
- Signed the 990-EZ
- Ji Xu, Treasurer
- Phone
- (818) 635-6916
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4619184 or by the name FRIENDS OF THE HIGHLY GIFTED MAGNET INC.
- 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
As a Parent Teacher Association ("PTA"), Friends of the Highly Gifted Magnet ("FHGM") aims to support the education and development provided by the Highly Gifted Magnet ("HGM") program at the North Hollywood High School in Los Angeles Unified School District ("LAUSD").
Program accomplishments
- Supported student extracurricular club and team activities in academics, sports, arts and musicExpenses $49,726
- Other program services and administrationExpenses $3,545
- Organized various school events and field trips for HGM students (300+ students enrolled in HGM program)Expenses $20,865
- Provided support to HGM teachers in the form of books, classroom supplies, and training; provided support in student tutoring and parent educationExpenses $25,036
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | 990-EZ on file |
| 2024 | July 31, 2025 | December 15, 2025 | 990-EZ on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990-N on file |
IRS record
- EIN
- 95-4619184
- 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
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $170,253
- Income (IRS master file)
- $153,229
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | July 2026 | $153,229 | $99,362 | $170,253 | XML |
| 990-EZ | July 2025 | $81,048 | $86,657 | $116,386 | XML |
| 990-N for 2023 Officer: Viktoriya Khusit | July 31, 2024 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2022 Officer: Viktoriya Khusit | July 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Elizabeth A McGoldrick | July 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Elizabeth McGoldrick | July 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: Elizabeth McGoldrick | July 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 95-4619184).
Questions about FRIENDS OF THE HIGHLY GIFTED MAGNET INC
- What is the EIN of FRIENDS OF THE HIGHLY GIFTED MAGNET INC?
- The employer identification number (EIN) of FRIENDS OF THE HIGHLY GIFTED MAGNET INC is 95-4619184.
- Is FRIENDS OF THE HIGHLY GIFTED MAGNET INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to FRIENDS OF THE HIGHLY GIFTED MAGNET INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF THE HIGHLY GIFTED MAGNET 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 FRIENDS OF THE HIGHLY GIFTED MAGNET INC due?
- The return for tax year 2026 (the year ending July 31, 2027) is due December 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDS OF THE HIGHLY GIFTED MAGNET INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended July 2026.
- Who is the principal officer of FRIENDS OF THE HIGHLY GIFTED MAGNET INC?
- The 990-N for 2023 names Viktoriya Khusit.
- Who are the officers and directors of FRIENDS OF THE HIGHLY GIFTED MAGNET INC?
- The 990-EZ for the year ended July 31, 2026 lists 3 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF THE HIGHLY GIFTED MAGNET INC have?
- On its 990-EZ for the year ended July 31, 2026 it reported revenue of $153,229, expenses of $99,362 and total assets of $170,253 at year end.
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