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MAGNOLIA RIDGE COUNTRY CLUB

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Tax-exempt status may be revoked

MAGNOLIA RIDGE COUNTRY CLUB

EIN 74-1173829

What they do

to PROVIDE RECREATION for MEMBERS

Before you give

Should I give to this charity?

Easy charity check
Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$115.39spent for every $100 of revenueSpending was higher than revenue this year.
$1.06in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $48,678 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$316,322
Expenses$365,000
Annual shortfall $48,678 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$316,322
Expenses$365,000
Assets$386,475
Accounting fees$2,091
People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (7)

BECKY MOSSDIRECTOR

BRUCE BURNHAMDIRECTOR

DAVID ALLISONDIRECTOR

JOHN CARTERVICE PRESIDENT

LINDA TAYLORSECRETARY

PAUL SCHMIDTDIRECTOR

ROSS NORWOODPRESIDENT

About this charity

Location
PO BOX 9130, LIBERTY, TX 77575
County
Liberty
In care of
ROSS NORWOOD
Primary officer
ROSS NORWOOD, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2017
Tax period began
April 1, 2017
Return type
990
Tax preparer
SWAIM BRENTS & ASSOCIATES PC
Revocation date
August 15, 2021

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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