- Is Money Magnets Club a tax-exempt 501(c)(3)?
- Yes. Money Magnets Club is recognised by the IRS as a 501(c)(3) organisation (EIN 87-1776021). The IRS recognised Money Magnets Club as tax-exempt in December 2022.
- What is Money Magnets Club's EIN?
- Money Magnets Club's Employer Identification Number (EIN) is 87-1776021. The EIN was assigned by the IRS in December 2022. Donors and grantmakers use the EIN to verify tax-exempt status with the IRS.
- What does Money Magnets Club do?
- To serve as a community that encourages entrepreneurship and financial literacy among elementary school kids and their responsible adults through education, exposure, and resources, to build generational wealth.
- Where is Money Magnets Club located?
- Money Magnets Club is located at 2459 Wilkinson Blvd 310, Charlotte, NC, 28208.
- When was Money Magnets Club founded or recognised by the IRS?
- Money Magnets Club was recognised by the IRS as a tax-exempt organisation in December 2022. The IRS ruling date is the earliest authoritative date available for most US nonprofits.
- What is Money Magnets Club's annual revenue?
- On its most recent Form 990 (fiscal year 2025), Money Magnets Club reported $138K in total revenue and $106K in total expenses.
- Has Money Magnets Club been auto-revoked by the IRS?
- No. Money Magnets Club (EIN 87-1776021) does not appear on the IRS Auto-Revocation List. Givalgo Discover cross-references the IRS Auto-Revocation List on every profile load; if status changes, this page reflects it.
- Is Money Magnets Club listed in IRS Publication 78?
- Yes. Money Magnets Club is listed in IRS Publication 78 as an organisation eligible to receive tax-deductible charitable contributions. Pub 78 status is the canonical IRS signal that donations to an org are deductible.
