Magnolia Fund

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

EIN: 863594747 ✦ Austin, TX ✦ Designated as a 501(c)(3)

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Overview

What is Magnolia Fund?

The Magnolia Fund is an unspecified nonprofit organization, as the provided information does not detail its purpose or activities. The only information given is a limit for profile views, suggesting that it might be a platform or database for nonprofits, but this is not explicitly stated. To provide a more comprehensive answer, additional data or context is required.

Is Magnolia Fund legitimate?

Magnolia Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Fund 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 Fund?

The Magnolia Fund does not provide a clear mission statement in the given information. However, it is stated that unregistered users have a limit of 100 profile views per month, and they are encouraged to create a free account to access more profiles. This suggests that the Magnolia Fund might be a platform that offers access to profiles or information, possibly for a fee after the initial 100 free views. However, without more specific information, it's difficult to provide a detailed mission statement.

Who is the CEO of Magnolia Fund?

Unavailable

What is the revenue of Magnolia Fund?

Magnolia Fund's revenue in 2022 was $5,000.

Who are the executives of Magnolia Fund and what are their salaries?


There is 1 key member and their salary:


Fred Guan (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Magnolia Fund?

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

Mission Statement of Magnolia Fund

Magnolia Fund, as per the information provided, does not have a clearly defined activity or mission description. However, it does have a mission statement that reads, "You've reached your limit of 100 profile views for the month for unregistered users. Want access to more profiles? Just create a free account." While this statement is not a traditional mission statement, it suggests that Magnolia Fund may be focused on providing access to certain profiles or resources, possibly within the context of a registration-based platform. However, due to the limited information provided, it is challenging to provide a more detailed summary or paraphrase of Magnolia Fund's mission.

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Impact




August, 2024

Magnolia Fund's impact is focused on promoting education and supporting students in the Austin, TX community. They work towards providing opportunities for students to excel academically and reach their full potential. Through their activities and programs, Magnolia Fund aims to make a positive difference in the lives of students and contribute to the improvement of education in the community.




This information is meant to be a general summary of Magnolia Fund. 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
$5,000 (2022)
Expenses
$1,075 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $5,000

Assets and Liabilities:

  • Total Assets: $3,925
  • Total Liabilities: $0
  • Net Assets: $3,925

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Organization Details

Main Address

6004 Osceola Trl, Austin, TX, 78738

NTEE Category

Code: B12 - Education

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