Magnolia Support Group
- Assets
- $45.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Magnolia, TX
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 47-1786936
Organization Overview
Magnolia Support Group is located in Magnolia, TX. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnolia Support Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Jones President | 2 | $0 | |
Chad Walling Vice President | 2 | $0 | |
Melissa Jones Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,805 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $80,070 |
| Other Revenue | $0 |
| Total Revenue | $92,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $1,501 |
| Total expenses | $72,128 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,715 |
| Other assets | $0 |
| Total assets | $45,715 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,715 |