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Magnolia Bar Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 640808159 ✦ Jackson, MS ✦ Designated as a 501(c)(3)

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Overview

What is Magnolia Bar Foundation Inc?

Magnolia Bar Foundation Inc is a nonprofit organization dedicated to providing legal education and benevolence. Its primary mission is to host a summer camp for underprivileged children, offering them a valuable learning experience alongside recreational activities. Additionally, the foundation conducts Operation Shoestring Giveaway, an initiative aimed at providing essential items to those in need. Overall, Magnolia Bar Foundation Inc seeks to contribute positively to the community by promoting education and offering assistance to underprivileged individuals.

Is Magnolia Bar Foundation Inc legitimate?

Magnolia Bar Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Bar Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Magnolia Bar Foundation Inc?

The Magnolia Bar Foundation Inc is committed to providing legal education and benevolence. A notable aspect of their mission is organizing a summer camp for underprivileged children, offering them an enriching experience. Furthermore, the foundation carries out Operation Shoestring Giveaway, which is another initiative aimed at providing aid and assistance to those in need. Overall, the Magnolia Bar Foundation Inc's purpose is to contribute to the community through legal education and acts of kindness, specifically by offering resources and opportunities to underprivileged children.

Who is the CEO of Magnolia Bar Foundation Inc?

Alfred H Rhodes is the Treasurer of Magnolia Bar Foundation Inc.

What is the revenue of Magnolia Bar Foundation Inc?

Magnolia Bar Foundation Inc's revenue in 2020 was $13,985.

Who are the executives of Magnolia Bar Foundation Inc and what are their salaries?


There is 1 key member and their salary:


Alfred H Rhodes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Magnolia Bar Foundation Inc?

Magnolia Bar Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Magnolia Bar Foundation Inc

Magnolia Bar Foundation Inc, a nonprofit organization, is dedicated to two primary purposes: legal education and benevolence. One of their key initiatives is hosting a summer camp for underprivileged boys and girls. This camp aims to provide these children with an enriching experience, cultivating their knowledge and skills beyond their typical surroundings.

In addition to the summer camp, Magnolia Bar Foundation Inc also engages in benevolent activities. One such initiative is Operation Shoestring Giveaway. This program's goal is to extend aid to those in need, particularly focusing on essential items such as shoes. By doing so, the foundation seeks to make a tangible difference in the lives of those they serve.

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Impact




August, 2024

The Magnolia Bar Foundation Inc has a significant impact in JACKSON, MS by providing legal education and benevolence programs. One of their key initiatives is organizing summer camps for underprivileged boys and girls, offering them educational opportunities and support. Additionally, they run programs like Operation Shoestring giveaway to provide essential resources to those in need. Through their focus on legal education and benevolence, the foundation contributes positively to the community and helps uplift disadvantaged individuals.




This information is meant to be a general summary of Magnolia Bar Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,985 (2020)
Expenses
$7,732 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $37
  • Gross Receipts: $36,011

Assets and Liabilities:

  • Total Assets: $150,368
  • Total Liabilities: $0
  • Net Assets: $150,368

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Organization Details

Principal Officer

Alfred H Rhodes

Main Address

P O BOX 2792, JACKSON, MS, 392072792

NTEE Category

Code: B82Z - Education

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