Musd Holding Corp

Organization Overview

Musd Holding Corp is located in Madera, CA. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Musd Holding Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2024, Musd Holding Corp generated $452.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (64.6%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF MUSD HOLDING CORP. IS TO CONDUCT OR SUPPORT EDUCATIONAL ACTIVITIES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF, MADERA UNIFIED SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION RECEIVED FINANCING FROM THE NEW MARKETS TAX CREDIT PROGRAM AND HOLDS THE BUILDING AND LAND IN WHICH MUSD OPERATES ONE OF ITS SCHOOLS. THE ORGANIZATION ASSISTS MUSD WITH DEVELOPING AND FINANCING REAL PROPERTY ASSETS FOR THE CONSTRUCTION AND DEVELOPMENT OF NEW EDUCATIONAL BUILDINGS THAT WILL ASSIST MUSD IN FURTHERING MUSD'S CHARITABLE PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Sandon Schwartz
President
$0
Arelis Garcia
Treasurer
$0
Nichole Mosqueda
Board Member
$0
Ranjit Chahal
Secretary
$0
John Williams
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$452,888
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $452,888

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