Civic Intelligence

Magnolia Education Foundation

990EZ • Fiscal year 2015 • EIN 76-0699381

Jun 01, 2014 to May 31, 2015 • Filed on Sep 16, 2015

PO Box 55Magnolia, TX 77353-0055

(713) 416-7546

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

4th percentile

-140%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

23rd percentile

-16%

Faster asset growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-59%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$34,344

Down $6,521 (-16%) from 2014

Net Assets

$11,150

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$21,301

Down $30,113 (-59%) from 2014

Expenses

Down

$51,016

Down $19,651 (-28%) from 2014

Net Income

Down

-$29,715

Down $10,462 (-54%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $35,454Net Assets 2011: $35,4542011Assets 2012: $62,090Liabilities 2012: $31,045Net Assets 2012: $31,0452012Assets 2013: $40,857Net Assets 2013: $40,8572013Assets 2014: $40,865Liabilities 2014: $40,8652014Assets 2015: $34,344Net Assets 2015: $11,1502015Assets 2016: $34,224Liabilities 2016: $02016Assets 2017: $36,983Liabilities 2017: $36,983Net Assets 2017: $02017Assets 2018: $50,578Liabilities 2018: $50,578Net Assets 2018: $02018Assets 2019: $86,676Liabilities 2019: $86,676Net Assets 2019: $02019Assets 2020: $158,848Liabilities 2020: $158,848Net Assets 2020: $02020Assets 2021: $64,135Liabilities 2021: $0Net Assets 2021: $64,1352021Assets 2022: $87,096Liabilities 2022: $0Net Assets 2022: $87,0962022Assets 2023: $156,827Liabilities 2023: $0Net Assets 2023: $156,8272023

Highlighted filing

2015

Assets$34,344
Liabilities-
Net Assets$11,150

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $53,344Expenses 2011: $47,444Net Income 2011: $5,9002011Revenue 2012: $46,892Expenses 2012: $51,301Net Income 2012: -$4,4092012Revenue 2013: $69,955Expenses 2013: $85,926Net Income 2013: -$15,9712013Revenue 2014: $51,414Expenses 2014: $70,667Net Income 2014: -$19,2532014Revenue 2015: $21,301Expenses 2015: $51,016Net Income 2015: -$29,7152015Revenue 2016: $65,750Expenses 2016: $65,849Net Income 2016: -$992016Revenue 2017: $63,585Expenses 2017: $60,826Net Income 2017: $2,7592017Revenue 2018: $121,421Expenses 2018: $107,826Net Income 2018: $13,5952018Revenue 2019: $209,225Expenses 2019: $173,127Net Income 2019: $36,0982019Revenue 2020: $215,922Expenses 2020: $143,749Net Income 2020: $72,1732020Revenue 2021: $120,298Expenses 2021: $215,011Net Income 2021: -$94,7132021Revenue 2022: $219,287Expenses 2022: $196,326Net Income 2022: $22,9612022Revenue 2023: $242,386Expenses 2023: $172,655Net Income 2023: $69,7312023

Highlighted filing

2015

Revenue$21,301
Expenses$51,016
Net Income-$29,715
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Sep 16, 2015
Return Version
2014v5.0
Gross Receipts
$21,301
Mission and Program Overview

Mission

The nbsp;primary nbsp;purpose nbsp;of nbsp;the nbsp;not nbsp;for nbsp;profit nbsp;organization nbsp;is nbsp;to nbsp;raise nbsp;funds nbsp;from nbsp;the nbsp;general nbsp;public nbsp;with nbsp;the nbsp;proceeds nbsp;used nbsp;to nbsp;benefit nbsp;the nbsp;school nbsp;and nbsp;the nbsp;school nbsp;teachers nbsp;in nbsp;the nbsp;district nbsp;the nbsp;proceeds nbsp;of nbsp;the nbsp;funds nbsp;raised nbsp;are nbsp;sent nbsp;to nbsp;the nbsp;teachers nbsp;in nbsp;grant nbsp;forms nbsp;as nbsp;a nbsp;reimbursement nbsp;for nbsp;classroom nbsp;expenses nbsp;along nbsp;with nbsp;additional nbsp;school nbsp;items nbsp;are nbsp;also nbsp;purchased nbsp;through nbsp;this nbsp;non-profit nbsp;program

The primary exempt purpose is to raise funds from the public and the use of funds will e in the form of grants to magnolia isd teachers who apply for a grant in reimbursement of teacher supplies purchased during the school year. Additionally, funds are used for the annual funding events such as the golf tourney.

Program Services

DescriptionGrantsExpenses
GRANTS PAID OUT DURING THE YEAR TO MAGNOLIA ISD TEACHERS$23,194-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAM ROGERSPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Magnolia Education Foundation
EIN
76-0699381
In Care Of
% PAM ROGERS
Phone
7134167546
Address
PO BOX 55, MAGNOLIA, TX 77353-0055

Signing Officer

Name
Pam Rogers
Title
President
Phone
2812522500
Signed
2015-09-16
Discuss with paid preparer
Yes

Preparer

Firm
The White Family Tax Service LLC
Address
23603 FOREST TRAIL DRIVE, HOCKLEY, TX 77447-9524
Preparer
Dr Randy White
Phone
2812366250
Supplemental Narrative

Additional Explanations

Part I, line 10

1) activity: grants paid to the misd for teachers grantee name: magnolia isd grantee address: po box 55 magnolia tx 77353 amount: 23194 relationship: beneficiary organizati

Part I, line 16

1) other expenses: golf tourney advertising towels supplies amount: 4470 2) other expenses: bank service charges amount: 84 3) other expenses: uspo box rental amount: 74

Raw XML Appendix125 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt023194
IRS990EZ/BooksInCareOfDetail/PersonNm0MARLENE SUNBERG
IRS990EZ/BooksInCareOfDetail/PhoneNum02813800959
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 55
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MAGNOLIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077353
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040865
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034344
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt021283
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-29715
IRS990EZ/FiledScheduleAInd00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form720FiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040865
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034344
IRS990EZ/GrantsAndSimilarAmountsPaidAmt023194
IRS990EZ/GrossReceiptsAmt021301
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt018
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040865
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011150
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt040865
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034344
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAM ROGERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherExpensesTotalAmt04628
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS FROM THE PUBLIC AND THE USE OF FUNDS WILL E IN THE FORM OF GRANTS TO MAGNOLIA ISD TEACHERS WHO APPLY FOR A GRANT IN REIMBURSEMENT OF TEACHER SUPPLIES PURCHASED DURING THE SCHOOL YEAR. ADDITIONALLY, FUNDS ARE USED FOR THE ANNUAL FUNDING EVENTS SUCH AS THE GOLF TOURNEY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GRANTS PAID OUT DURING THE YEAR TO MAGNOLIA ISD TEACHERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt023194
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt051016
IRS990EZ/TotalRevenueAmt021301
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021301
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt051397
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt069941
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046880
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt053336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0242855
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt0242855
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt021301
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt051397
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt069941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt046880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053336
IRS990ScheduleA/Total509Grp/TotalAmt0242855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt021301
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt051397
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt069941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt046880
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt053336
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0242855
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) ACTIVITY: GRANTS PAID TO THE MISD FOR TEACHERS GRANTEE NAME: MAGNOLIA ISD GRANTEE ADDRESS: PO BOX 55 MAGNOLIA TX 77353 AMOUNT: 23194 RELATIONSHIP: BENEFICIARY ORGANIZATI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11) OTHER EXPENSES: GOLF TOURNEY ADVERTISING TOWELS SUPPLIES AMOUNT: 4470 2) OTHER EXPENSES: BANK SERVICE CHARGES AMOUNT: 84 3) OTHER EXPENSES: USPO BOX RENTAL AMOUNT: 74
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAM ROGERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02812522500
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGNOLIA EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0760699381
ReturnHeader/Filer/InCareOfNm0% PAM ROGERS
ReturnHeader/Filer/PhoneNum07134167546
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 55
ReturnHeader/Filer/USAddress/CityNm0MAGNOLIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0773530055
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204664300
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE WHITE FAMILY TAX SERVICE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023603 FOREST TRAIL DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOCKLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0774479524
ReturnHeader/PreparerPersonGrp/PhoneNum02812366250
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DR RANDY WHITE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-10-08T09:07:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-06-01
ReturnHeader/TaxPeriodEndDt02015-05-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$2.42$1.73$0.70
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$2.19$1.96$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$1.20$2.15$0.95
2020Detailed filing. Detailed filing data is available for this year.$1.59$1.59$0.00$2.16$1.44$0.72
2019Detailed filing. Detailed filing data is available for this year.$0.87$0.87$0.00$2.09$1.73$0.36
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.51$0.00$1.21$1.08$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.00$0.64$0.61$0.03
2016Summary only. Only limited summary data is available for this year.$0.34$0.00$0.66$0.66$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.11$0.21$0.51$0.30
2014Summary only. Only limited summary data is available for this year.$0.41$0.41$0.51$0.71$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.41$0.70$0.86$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.31$0.31$0.47$0.51$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.35$0.53$0.47$0.06