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Magnolia Education Foundation

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

EIN: 760699381 ✦ Magnolia, TX ✦ Designated as a 501(c)(3)

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Overview

What is Magnolia Education Foundation?

The Magnolia Education Foundation is a nonprofit organization situated in Magnolia, Texas. Their primary mission is to raise funds, which are subsequently utilized for educational purposes related to the local school district. The foundation supports various educational initiatives, such as supplying books for the school library, reimbursing teachers for necessary supplies, and procuring playground equipment for the school. Remarkably, these programs are managed by dedicated parents who generously offer their time without compensation.


Official website here: www.magnoliaisd.org

Is Magnolia Education Foundation legitimate?

Magnolia Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Education Foundation submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.magnoliaisd.org

What is the mission statement of Magnolia Education Foundation?

The Magnolia Education Foundation's mission is centered around raising funds for educational purposes within the local school district. The funds collected are utilized to provide resources such as books for the library, teacher supply reimbursements, and playground equipment for the school. These programs are all managed by dedicated parents who volunteer their time without charge. The foundation's activities aim to enhance the learning environment and support the educational needs of the school community.


Official website here: www.magnoliaisd.org

Who is the CEO of Magnolia Education Foundation?

Stacia Norris is the President of Magnolia Education Foundation.


Official website here: www.magnoliaisd.org

What is the revenue of Magnolia Education Foundation?

Magnolia Education Foundation's revenue in 2022 was $219,287.


Official website here: www.magnoliaisd.org

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


Here are 3 key members and their salaries:


Tina Messina (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacia Norris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dacia Owens (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.magnoliaisd.org

Where can I find the form 990 for Magnolia Education Foundation?

Magnolia Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.magnoliaisd.org

Learn more at the official website: www.magnoliaisd.org

Mission Statement of Magnolia Education Foundation

Magnolia Education Foundation is a non-profit organization with a mission directed towards raising funds. These funds are utilized for educational purposes related to the school district. The foundation's activities primarily involve supplying books for the school library, reimbursing teachers for necessary supplies, and providing playground equipment for the school. These programs are meticulously managed by dedicated parents who volunteer their time without any compensation. The mission of Magnolia Education Foundation is to enhance the learning environment and support the educational needs of the school district, all while leveraging the generosity and time of its parental community.

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Impact




October, 2024

Magnolia Education Foundation significantly enhances educational experiences within the Magnolia school district by raising funds that directly support various programs. The foundation's initiatives provide essential resources such as books for the library, reimbursements for teacher supplies, and playground equipment, fostering a rich learning environment for students. Additionally, the foundation grants support students transitioning to college, further promoting academic advancement. These impactful programs rely on the dedication of parents who volunteer their time and efforts, ensuring that the educational needs of the community are met effectively and efficiently. Through its focused mission, the foundation creates lasting benefits for both teachers and students, enriching the entire school community.




This information is meant to be a general summary of Magnolia Education Foundation. 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
$219,287 (2022)
Expenses
$196,326 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36
  • Gross Receipts: $219,287

Assets and Liabilities:

  • Total Assets: $87,096
  • Total Liabilities: $0
  • Net Assets: $87,096

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Organization Details

Founding Year

2001

Principal Officer

Stacia Norris

Main Address

PO BOX 55, MAGNOLIA, TX, 77353

NTEE Category

Code: T20 - Philanthropy

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