Is Magnolia State Hope Fund Inc Legit?

Quick charity verification for Magnolia State Hope Fund Inc (EIN: 203526302)

Verdict: Magnolia State Hope Fund Inc shows mixed signals

40/100Mission Score
$0Revenue
$0Assets
2Red Flags
1Strengths

Red Flags

Strengths

AI Transparency Report

Magnolia State Hope Fund Inc appears to be a very small, potentially inactive, organization based on its latest filing showing $0 in revenue and assets. Its financial activity peaked in 2014 with $67,184 in revenue and $99,930 in expenses, resulting in a deficit for that year. By 2015, revenue had dropped significantly to $1,155 and expenses to $1,061. The organization has consistently reported $0 in officer compensation across both available filings, which is a positive indicator for resource allocation to its mission, assuming the organization was active. However, the lack of recent financial activity and zero assets raises questions about its current operational status and long-term viability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages