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Nonprofit · EIN 23-7129645

MAGNOLIA TENNIS CLUB INC

Tax-exempt · COLUMBUS, MS 39705

Financials

$144K$125K2021$114K$144K2023$142K$148K2024$128K$145K2025
Revenue Expenses · by fiscal year end
Financials of MAGNOLIA TENNIS CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2026990-EZ$127,539$145,355-$17,816$150,699$1,953$148,746
February 28, 2025990-EZ$142,384$147,850-$5,466$153,493$1,931$151,562
February 29, 2024990-EZ$114,403$144,492-$30,089$141,257$1,729$139,528
February 28, 2022990-EZ$144,472$125,051$19,421$128,921$1,442$127,479
Financial details: 990-EZ for the year ended February 28, 2026

Revenue

Membership dues
$90,216
Program service revenue
$37,323

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$53,115
Professional fees and payments to contractors
$2,799
Occupancy
$84,383
Printing, publications and postage
$5,058

Balance sheet and other

Total assets, start of year
$153,493
Total assets, end of year
$150,699
Total liabilities, end of year
$1,953
Net assets, end of year
$148,746
Cash, savings and investments
$971
Land and buildings
$149,658
Gross receipts
$127,539

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended February 28, 2026, highest compensation first.

NameTitleHours / weekCompensation
MARY MARGARET SWEDENBURGPRESIDENT0$0
MICHAEL BUSBYVICE PRESIDENT0$0
MICHAEL PRINCETREASURER0$0
SHANNON STAFFORDSECRETARY0$0
990-EZ for the year ended February 28, 2025: 4 people
NameTitleHours / weekCompensation
MARY MARGARET SWEDENBURGPRESIDENT0$0
MICHAEL BUSBYVICE PRESIDENT0$0
MICHAEL PRINCETREASURER0$0
SHANNON STAFFORDSECRETARY0$0
990-EZ for the year ended February 29, 2024: 4 people
NameTitleHours / weekCompensation
MARY MARGARET SWEDENBURGPRESIDENT0$0
MICHAEL BUSBYVICE PRESIDENT0$0
MICHAEL PRINCETREASURER0$0
SHANNON STAFFORDSECRETARY0$0
990-EZ for the year ended February 28, 2022: 4 people
NameTitleHours / weekCompensation
ALLAN BREWERPRESIDENT0$0
BRANDT GALLOWAYVICE PRESIDENT0$0
MICHAEL PRINCETREASURER0$0
MARY MARGARET SWEDENBURGSECRETARY0$0

Address and contacts

Address (IRS master file)
626 MAGNOLIA LN, COLUMBUS, MS 39705-2002
Signed the 990-EZ
JERRY ELLIOT, PRESIDENT
Phone
(662) 328-8909
Return prepared by
T E LOTT & COMPANY PA

Mission

PROVIDE FACILITIES FOR TENNIS FOR THE COLUMBUS, MS AND SURROUNDING AREA

990-EZ for the year ended February 28, 2026

Program accomplishments

  • PROVIDE FACILITIES FOR TENNIS FOR THE COLUMBUS, MS AND SURROUNDING AREA

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026990-EZ on file
2024February 28, 2025July 15, 2025990-EZ on file
2023February 29, 2024July 15, 2024990-EZ on file

IRS record

EIN
23-7129645
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1977
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$150,699
Income (IRS master file)
$127,539

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZFebruary 2026$127,539$145,355$150,699XML
990-EZFebruary 2025$142,384$147,850$153,493XML
990-EZFebruary 2024$114,403$144,492$141,257XML
990-EZFebruary 2023–––IRS
990-EZFebruary 2022$144,472$125,051$128,921XML
990-EZFebruary 2021–––IRS
990-EZFebruary 2020–––IRS
990-EZFebruary 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7129645).

Questions about MAGNOLIA TENNIS CLUB INC

What is the EIN of MAGNOLIA TENNIS CLUB INC?
The employer identification number (EIN) of MAGNOLIA TENNIS CLUB INC is 23-7129645.
Is MAGNOLIA TENNIS CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
Are donations to MAGNOLIA TENNIS CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MAGNOLIA TENNIS CLUB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAGNOLIA TENNIS CLUB INC due?
The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAGNOLIA TENNIS CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended February 2026.
Who are the officers and directors of MAGNOLIA TENNIS CLUB INC?
The 990-EZ for the year ended February 28, 2026 lists 4 people; 0 received compensation from the organization.
How much revenue does MAGNOLIA TENNIS CLUB INC have?
On its 990-EZ for the year ended February 28, 2026 it reported revenue of $127,539, expenses of $145,355 and total assets of $150,699 at year end.

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