To provide financial support for various community organizations in Magnolia, Texas.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $5K a year · 2% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$93K
Net assets
$46K
By yearFY2022–FY2024
Revenue
$93K
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$93K
FY2023$207K
FY2024$161K
Expenses
—
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022Not on file
FY2023$199K
FY2024$178K
Net assets
$46K
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$46K
FY2023$53K
FY2024$37K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

3 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Magnolia Support Group executive salaries →

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Programs and updates

Funds community organizations in Magnolia, Texas.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 32 grants · $272K · 2023–2024
Individual RecipientFY2024$47,700
Individual RecipientFY2024$10,821
Mhs Lady Bulldog Parent AssnFY2024$10,411
Mhs Boys BasketballFY2024$8,479
Individual RecipientFY2024$6,555
Individual RecipientFY2024$6,508
Mhs Girls Soccer INCWI · FY2024$6,406
Individual RecipientFY2024$6,300
Individual RecipientFY2024$6,179
Individual RecipientFY2024$6,075
Individual RecipientFY2024$5,201
Individual RecipientFY2024$5,181
Individual RecipientFY2024$5,165
Unitemized GrantFY2024$5,100
Unitemized GrantFY2024$3,000
Magnolia High School Baseball BoostersFY2023$22,879
Magnolia High School ChoirFY2023$11,796
Magnolia West High School BaseballFY2023$9,750
See all 32 grants →

By the numbers

The FY2022 990-EZ, line by line.

1The main four
Money in
$93K
Other income$93K
Owns and owes
$46K
net assets
People
3
listed
Paid0
2In more detail
Revenue in detail
Other income$93K
Total revenue$93K
Assets in detailEnd of year
Net assets$46K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $161K$178K−$17K$37K 990 PDF
FY2023 $207K$199K$8K$53K 990 PDF
FY2022 Viewing $93K$46K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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