Magnolia Elementary PTA 6 15 2 is a 501(c)(3) organization based in Seattle, Washington, registered in 2020, with $145,567 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$146K
▲ 67.2% vs prior year
Education median: $200K
Expenses (FY2024)
$67K
Net assets
$187K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Magnolia Elementary PTA 6 15 2— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Magnolia Elementary PTA 6 15 2: 33 mo reserves · +54% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Magnolia Elementary PTA 6 15 2— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Magnolia Elementary PTA 6 15 2: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $35K (FY2018) to $146K (FY2024) across 7 reported years.
Financial snapshot
Operating margin
53.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$187K
Total liabilities
$0
Net assets
$187K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $145,567▲67.2% | $67,354▼24.2% | $186,669▲71.6% | $186,669▲71.6% | 990 |
| 2023 | $87,080▲21.1% | $88,893▲136% | $108,798▼1.6% | $108,798▼1.6% | 990 |
| 2022 | $71,929▲66.9% | $37,648▼3.2% | $110,590▲44.7% | $110,590▲44.7% | 990 |
| 2021 | $43,106▼50.7% | $38,903▲16.4% | $76,430▲7.1% | $76,430▲7.1% | 990 |
| 2020 | $87,357▲47.2% | $33,410▼56.0% | $71,344▲301% | $71,344▲301% | 990 |
| 2019 | $59,332▲70.0% | $76,012▲5838% | $17,786▼47.1% | $17,786▼47.1% | 990 |
| 2018 | $34,900 | $1,280 | $33,620 | $33,620 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
4 grants to Magnolia Elementary PTA 6 15 2 totaling $40K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $19,414 |
| American Online Giving Foundation Inc | General support | 2023 | $6,091 |
| American Online Giving Foundation Inc | General support | 2022 | $8,463 |
| American Online Giving Foundation Inc | General support | 2021 | $5,574 |
Explore more
Data for Magnolia Elementary PTA 6 15 2 (EIN 84-1756051) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.