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Magnolia Mfa Title Holding Inc

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$592k (2023)

Expenses
$1.16M (2023)

Total Assets
$11.6M (2023)

Total Liabilities
$14.2M (2023)

Source: Form 990 tax filings from 2017 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$592,478
Expenses
$1,157,764
Net Income
-$565,286
Net Assets
-$2,595,009
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $592,478
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $11,632,179
Total Liabilities $14,227,188
Net Assets -$2,595,009
Compensation
Key Employees and Officers Compensation Related Other
Richard Reddick (President) $0 $0 $0
Bob De Witt (Secretary) $0 $0 $0
Mike Blood (Director) $0 $0 $0
Keffrelyn Brown (Director) $0 $0 $0
Nicole De Santis (Director) $0 $0 $0
Craig Hampton (Director) $0 $0 $0
Sara Cotner (School Ceo) $0 $115,271 $20,891
Sarah Kirby Tepera (School Coo) $0 $80,659 $13,370

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$566,430
Expenses
$1,113,717
Net Income
-$547,287
Net Assets
-$2,029,723
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $566,430
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,149,653
Total Liabilities $14,179,376
Net Assets -$2,029,723
Compensation
Key Employees and Officers Compensation Related Other
Richard Reddick (President) $0 $0 $0
Bob De Witt (Secretary) $0 $0 $0
Mike Blood (Director) $0 $0 $0
Keffrelyn Brown (Director) $0 $0 $0
Nicole De Santis (Director) $0 $0 $0
Craig Hampton (Director) $0 $0 $0
Sara Cotner (School Ceo) $0 $101,959 $20,349
Sarah Kirby Tepera (School Coo) $0 $96,472 $13,289

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$541,625
Expenses
$1,097,910
Net Income
-$556,285
Net Assets
-$1,482,436
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $541,625
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,649,128
Total Liabilities $14,131,564
Net Assets -$1,482,436
Compensation
Key Employees and Officers Compensation Related Other
Richard Reddick (President) $0 $0 $0
Bob De Witt (Secretary) $0 $0 $0
Mike Blood (Director) $0 $0 $0
Keffrelyn Brown (Director) $0 $0 $0
Nicole De Santis (Director) $0 $0 $0
Craig Hampton (Director) $0 $0 $0
Sara Cotner (School Ceo) $0 $97,916 $12,612
Sarah Kirby Tepera (School Coo) $0 $96,888 $13,289

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$518,000
Expenses
$1,084,603
Net Income
-$566,603
Net Assets
-$926,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $518,000
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,157,601
Total Liabilities $14,083,752
Net Assets -$926,151
Compensation
Key Employees and Officers Compensation Related Other
Sara Cotner (School Ceo) $0 $98,422 $7,294
Sarah Kirby Tepera (School Coo) $0 $84,035 $2,708
Richard Reddick (President) $0 $0 $0
Bob De Witt (Secretary) $0 $0 $0
Mike Blood (Director) $0 $0 $0
Keffrelyn Brown (Director) $0 $0 $0
Nicole De Santis (Director) $0 $0 $0
Craig Hampton (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$371,625
Expenses
$995,862
Net Income
-$624,237
Net Assets
-$359,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $371,625
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,676,392
Total Liabilities $14,035,940
Net Assets -$359,548
Compensation
Key Employees and Officers Compensation Related Other
Richard Reddick (President) $0 $0 $0
Kelvey Oeser (Secretary) $0 $0 $0
Bob De Witt (Vice President) $0 $0 $0
Mike Blood (Director) $0 $0 $0
Keffrelyn Brown (Director) $0 $0 $0
Maya Smart (Director) $0 $0 $0
Liz Garcia (Director) $0 $0 $0
Sara Cotner (School Ceo) $0 $93,256 $6,977
Sarah Kirby Tepera (School Coo) $0 $72,658 $4,584

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$248,149
Expenses
$361,449
Net Income
-$113,300
Net Assets
$264,689
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $248,149
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $14,430,387
Total Liabilities $14,165,698
Net Assets $264,689

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$491,762
Expenses
$113,773
Net Income
$377,989
Net Assets
$377,989
Notable Sources of Revenue Percent of Total Revenue
Contributions $491,762
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,096,284
Total Liabilities $15,718,295
Net Assets $377,989

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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