Nonprofit · EIN 99-2586903
MAGNALIA INC
Tax-exempt · HEBER CITY, UT 84032
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $340,795 | $263,895 | $76,900 | $120,314 | $0 | $120,314 |
| December 31, 2024 | 990 | $189,000 | $154,922 | $34,078 | $43,414 | $0 | $43,414 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $340,795
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $112,419
- Other salaries and wages
- $128,000
- Salaries, compensation and benefits (total)
- $240,419
- Professional fundraising fees
- $0
- Legal fees
- $1,360
- Travel
- $3,730
- Program services (functional)
- $128,018
- Management and general (functional)
- $122,160
- Fundraising (functional)
- $13,717
Balance sheet and other
- Total assets, start of year
- $43,414
- Total assets, end of year
- $120,314
- Total liabilities, end of year
- $0
- Net assets, end of year
- $120,314
- Land, buildings and equipment
- $7,795
- Publicly traded securities
- $109,018
- Gross receipts
- $340,795
- Employees
- 0
- Year formed
- 2024
- State of legal domicile
- UT
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Timothy Fox | Trustee Institutional trustee, Officer | 10 | $112,419 |
| James McAndrew | Trustee Institutional trustee | 5 | $0 |
| Robert Crouse | Trustee Institutional trustee | 5 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Timothy Fox | Trustee Institutional trustee, Officer | 10 | $150,839 |
| James McAndrew | Trustee Institutional trustee | 5 | $0 |
| Robert Crouse | Trustee Institutional trustee | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 809 N 1490 E, HEBER CITY, UT 84032-1368
- Principal officer (990 for 2025)
- James McAndrew, 809 N 1490 E, Heber City, UT 84032
- Signed the 990
- James McAndrew, Trustee
- Return prepared by
- Summit Tax Solutions LLC
Mission
Education to Religious Organizations on Theological Topics
Program accomplishments
- N/A
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-2586903
- 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)
- Religion-related (X20)
- Assets (IRS master file)
- $120,314
- Income (IRS master file)
- $340,795
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $340,795 | $263,895 | $120,314 | XML |
| 990 | December 2024 | $189,000 | $154,922 | $43,414 | 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 99-2586903).
Questions about MAGNALIA INC
- What is the EIN of MAGNALIA INC?
- The employer identification number (EIN) of MAGNALIA INC is 99-2586903.
- Is MAGNALIA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to MAGNALIA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGNALIA 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 MAGNALIA 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 MAGNALIA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MAGNALIA INC?
- The 990 for the year ended December 31, 2025 names James McAndrew.
- Who are the officers and directors of MAGNALIA INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $112,419 (Timothy Fox, Trustee).
- How much revenue does MAGNALIA INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $340,795, expenses of $263,895 and total assets of $120,314 at year end.
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