Nonprofit · EIN 99-1169321
MAGNOLIA LEARNING ACADEMY INC
Tax-exempt · VERO BEACH, FL 32962
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $198,540 | $123,103 | $75,437 | $91,762 | $12,420 | $79,342 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $198,540
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $68,290
- Professional fees and payments to contractors
- $593
- Occupancy
- $34,135
- Other expenses
- $20,085
- Program services (functional)
- $123,105
Balance sheet and other
- Total assets, start of year
- $16,325
- Total assets, end of year
- $91,762
- Total liabilities, end of year
- $12,420
- Net assets, end of year
- $79,342
- Cash, savings and investments
- $91,762
- Gross receipts
- $198,540
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 |
|---|---|---|---|
| Kristin N Harris | President | 0 | $0 |
| Hamilton Harris | Vice President | 0 | $0 |
| Erin Cusson | Officer | 0 | $0 |
| Jackson Stewart | Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1415 5TH PL, VERO BEACH, FL 32962-2133
- In care of
- % KRISTIN N HARRIS
- Signed the 990-EZ
- KRISTIN N HARRIS, President
- Return prepared by
- Lakefront Bookkeeping LLC
Mission
Education for children
Program accomplishments
- Education for school age childrenExpenses $123,105 · grants $198,540
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 | Check at the IRS |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-1169321
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $91,762
- Income (IRS master file)
- $198,540
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $198,540 | $123,103 | $91,762 | XML |
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 99-1169321).
Questions about MAGNOLIA LEARNING ACADEMY INC
- What is the EIN of MAGNOLIA LEARNING ACADEMY INC?
- The employer identification number (EIN) of MAGNOLIA LEARNING ACADEMY INC is 99-1169321.
- Is MAGNOLIA LEARNING ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to MAGNOLIA LEARNING ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGNOLIA LEARNING ACADEMY 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 MAGNOLIA LEARNING ACADEMY 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 MAGNOLIA LEARNING ACADEMY 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 are the officers and directors of MAGNOLIA LEARNING ACADEMY INC?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does MAGNOLIA LEARNING ACADEMY INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $198,540, expenses of $123,103 and total assets of $91,762 at year end.
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