Magnolia Education Foundation
Non profit mission statement is directed to the raising of funds with the proceeds used for educational purposes related to the school district. The library and the teachers whom work at the school proceeds supply books, teacher suply reimbursements and play ground equipment for the school. All of these programs are managed by parents whom offer their time at no charge.
Key facts about Magnolia Education Foundation
- EIN
- 76-0699381
- Latest 990 filing
- Form 990 filing, 2023
- Total assets
- $156,827
Data from IRS Form 990 filing, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990 filing · View filing
Total Assets
$157K
+80.1% YoY
Revenue
$242K
+10.5% YoY
Net Investment Income
$57
+58.3% YoY
Expenses
$173K
-12.1% YoY
About Magnolia Education Foundation
Based on IRS filings
Magnolia Education Foundation is a nonprofit organization, based in Magnolia, TX. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $157K in total assets. Net investment income was $57.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 2 grants totaling $81K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $156,827 | $87,096 | $64,135 |
| Revenue | $242,386 | $219,287 | — |
| Expenses | $172,655 | $196,326 | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $57 | $36 | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2023
Leadership & Key People
Officers and directors from IRS filings
Magnolia Education Foundation is led by Tina Messina, President since 2023 (on filings since 2021); none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Tina Messina
President
Treasurer → President, 2023
On filings since 2021
10 hrs/week
No compensation reported
Patricia Sass
Treasurer
New on the 2023 filing
10 hrs/week
No compensation reported
Tammie Gaicona-Freeman
Vice President
New on the 2023 filing
10 hrs/week
No compensation reported
Former officers (3)
- Former: Dacia R. Owens (2021–2022) — Officer
- Former: Stacia Norris (2022) — President
- Former: Lacey Neef-Hendrick (2021) — Officer
Data from IRS Form 990 filings, 2021–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Magnolia Education Foundation
How large is Magnolia Education Foundation?
Magnolia Education Foundation reported $157K in total assets on its 2023 IRS Form 990 filing. Its revenue that year was $242K.
Where does Magnolia Education Foundation operate?
Magnolia Education Foundation has awarded grants in Texas.
What is Magnolia Education Foundation's EIN?
Magnolia Education Foundation's EIN (Employer Identification Number) is 76-0699381. IRS Form 990 filing data is available on this page for 2021–2023.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Magnolia Education Foundation by hand.
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