Magnolia Fraternal Association
EIN: 640784886 · Flowood, MS
Is Magnolia Fraternal Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Magnolia Fraternal Association
Magnolia Fraternal Association (EIN: 640784886) is a nonprofit organization based in Flowood, MS. The organization reported total revenue of $58K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Magnolia Fraternal Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Magnolia Fraternal Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Magnolia Fraternal Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Magnolia Fraternal Association
Is Magnolia Fraternal Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Magnolia Fraternal Association (EIN: 640784886) insufficient data. 0 red flags identified, 0 strengths noted.
How does Magnolia Fraternal Association spend its money?
Detailed spending breakdown data is not yet available for Magnolia Fraternal Association. Check back for updated IRS 990 analysis.
Are donations to Magnolia Fraternal Association tax-deductible?
Magnolia Fraternal Association is registered as a tax-exempt nonprofit (EIN: 640784886). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Magnolia Fraternal Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Magnolia Fraternal Association's revenue has declined by 60.9%, moving from $156K to $61K. Total assets decreased by 24.9% over the same period, from $456K to $343K. Total functional expenses fell by 76%, from $154K to $37K. In its most recent filing year (2020), Magnolia Fraternal Association reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $61K | $37K | $343K | $0 | — | — |
| 2019 | $92K | $66K | $319K | $0 | — | View 990 |
| 2018 | $100K | $77K | $293K | $0 | — | View 990 |
| 2017 | $132K | $115K | $270K | $0 | — | View 990 |
| 2016 | $119K | $94K | $254K | $0 | — | View 990 |
| 2015 | $102K | $89K | $228K | $0 | — | View 990 |
| 2014 | $100K | $57K | $215K | $0 | — | View 990 |
| 2013 | $99K | $59K | $172K | $0 | — | View 990 |
| 2012 | $-83,693 | $126K | $132K | $0 | — | View 990 |
| 2011 | $156K | $154K | $456K | $114K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $61K, expenses of $37K, and assets of $343K (revenue -33.4% year-over-year).
- 2019: Revenue of $92K, expenses of $66K, and assets of $319K (revenue -8.5% year-over-year).
- 2018: Revenue of $100K, expenses of $77K, and assets of $293K (revenue -23.9% year-over-year).
- 2017: Revenue of $132K, expenses of $115K, and assets of $270K (revenue +10.5% year-over-year).
- 2016: Revenue of $119K, expenses of $94K, and assets of $254K (revenue +16.9% year-over-year).
- 2015: Revenue of $102K, expenses of $89K, and assets of $228K (revenue +1.9% year-over-year).
- 2014: Revenue of $100K, expenses of $57K, and assets of $215K (revenue +1.0% year-over-year).
- 2013: Revenue of $99K, expenses of $59K, and assets of $172K.
- 2012: Revenue of $-83,693, expenses of $126K, and assets of $132K (revenue -153.8% year-over-year).
- 2011: Revenue of $156K, expenses of $154K, and assets of $456K.
Data Sources and Methodology
This transparency report for Magnolia Fraternal Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.