Nonprofit screen
Screen a listMagnolia Community Development Corp
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- Reinstated
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$99krevenue
FY2023 · −13% in 3 yrs4 of 4years filed
’20’21’22’23
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2023
Operating margin−95.3%
Revenue growth (annualized)−4.5%
Middle half of peersMedianMagnolia Community Development
Worth checking1
Deficits in 3 of the last 3 years
−$174k in FY2021, −$170k in FY2022 and −$94k in FY2023. Cash covers 2.2 months.
990 Part I and balance sheetIn its favor
None found in the filings.
4funders
$10ka year, last 3 years
100%from its largest funder
Funder’17’18’19’20’21’22Housing Assistance CouncilOn and off$30kEnterprise Community Partners IncSince FY2020$15k$7k$8kCadence Bank FoundationOn and off$2kDonor-advised giftsDonors not disclosed$8k
FundedThrough a donor-advised fund