Louisiana · Nonprofit
MAGNOLIA COMMUNITY DEVELOPMENT CORP
MAGNOLIA COMMUNITY DEVELOPMENT CORP (Louisiana) receives grants from 4 organizations whose IRS filings report $69,943 to it, the largest being HOUSING ASSISTANCE COUNCIL ($30,000). 1 of them have funded it in more than one year.
- Revenue FY2023
- $99k
- Funders on record
- 4
- Grants received
- $70k
- Net assets
- $-424354
What Magnolia Community Development Corp does
Mission
Housing - renovated and repaired 6 veteran owned homes through the fhlb snap program and the hac ahrv program.
As stated on its FY2023 Form 990-EZ.
Program
Built and sold 1 house to low income families
The program described on its FY2023 Form 990-EZ.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $30k to $199k (+565%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 17%. Grants only. Government contracts and fees sit inside program revenue.
78% of MAGNOLIA COMMUNITY DEVELOPMENT CORP’s revenue is contributions — more donation-reliant than the typical peer (77% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 4 reported years ran a deficit.
reserve
Who funds it, year by year
2017 → 2022: the base held at 1 funder, grant income rose $8k → $8k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MAGNOLIA COMMUNITY DEVELOPMENT CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MAGNOLIA COMMUNITY DEVELOPMENT CORP leans on a few funders — its largest provides 43% of grant income and the top three 97%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MAGNOLIA COMMUNITY DEVELOPMENT CORP.
Largest funder’s share by year: 2017 100% · 2019 93% · 2020 100% · 2021 100% · 2022 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
MAGNOLIA COMMUNITY DEVELOPMENT CORP draws 100% of its grant income from funders outside Louisiana, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MAGNOLIA COMMUNITY DEVELOPMENT CORP's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 9,355 community improvement nonprofits under $100k, FY2023
Organizations like MAGNOLIA COMMUNITY DEVELOPMENT CORP
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Louisiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for MAGNOLIA COMMUNITY DEVELOPMENT CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MAGNOLIA COMMUNITY DEVELOPMENT CORP?
- MAGNOLIA COMMUNITY DEVELOPMENT CORP (Louisiana) receives grants from 4 organizations whose IRS filings report $69,943 to it, the largest being HOUSING ASSISTANCE COUNCIL ($30,000). 1 of them have funded it in more than one year.
- How many funders does MAGNOLIA COMMUNITY DEVELOPMENT CORP have?
- IRS filings report 4 organizations giving $69,943 in grants to MAGNOLIA COMMUNITY DEVELOPMENT CORP, 1 of which have funded it in more than one year.
- Who is the largest funder of MAGNOLIA COMMUNITY DEVELOPMENT CORP?
- HOUSING ASSISTANCE COUNCIL is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
- How can an organization like MAGNOLIA COMMUNITY DEVELOPMENT CORP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Louisiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Magnolia Community Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2020–2023), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing