Magnolia Manor of St Simons Inc

EIN: 201364957 501(c)(3) Housing & Shelter

Americus, GA

Total Revenue
$6,899,066
Total Expenses
$8,559,445
Total Assets
$537,563
Net Assets
$-3,133,348
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
GA
Phone
2299249352
Tax Period
2024-07-01 to 2025-06-30

Magnolia Manor of St Simons Inc, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $6.9M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $8.6M exceeded revenue, resulting in a 24% operating deficit.

Mission

THE CORPORATION IS ORGANIZED TO PROVIDE RESIDENTIAL AND LONG-TERM CARE SERVICES TO THE SICK AND ELDERLY IN A SPIRTUAL SETTING. THE MISSION IS ACCOMPLISHED THROUGH THE OPERATION OF A 125-BED LONG TERM CARE FACILITY AND A 94-UNIT RETIREMENT COMMUNITY LOCATED ON ST. SIMON'S ISLAND, GEORGIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,379,466
Investment Income $91,368
Other Revenue $428,232
TOTAL REVENUE $6,899,066

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,457,267
Fundraising Expenses $0
Program Expenses $7,212,236
Other Expenses $5,102,178
TOTAL EXPENSES $8,559,445

Year-over-Year Comparison

2024 2023 Change
Revenue $6,899,066 $9,090,130 -0.2%
Expenses $8,559,445 $11,224,714 -0.2%
Net Income $-1,660,379 $-2,134,584 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
151
Volunteers
14

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,137,811
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chuck Reeves Board of Trustee Vice Chairman 1.0
Officer Director
$0 $0 $0
Jean Wheeler Board of Trustee Secretary 1.0
Officer Director
$0 $0 $0
Mark Johnson Board of Trustee Chairman 1.0
Officer Director
$0 $0 $0
Ann Harris Board Trustee 1.0
Director
$0 $0 $0
Charles Pryor Board Trustee 1.0
Director
$0 $0 $0
Charles Sheffield Board Trustee 1.0
Director
$0 $0 $0
Ed Collier Board Trustee 1.0
Director
$0 $0 $0
Edie Vinson Board Trustee 1.0
Director
$0 $0 $0
Gaye Hayes Board Trustee 1.0
Director
$0 $0 $0
Pete Cates Board Trustee 1.0
Director
$0 $0 $0
Rick Whaley Board Trustee 1.0
Director
$0 $0 $0
Ty Turner Board Trustee 1.0
Director
$0 $0 $0
Will Easterlin Board Trustee 1.0
Director
$0 $0 $0
Will Peterson Board Trustee 1.0
Director
$0 $0 $0
David Charter CFO 10.0
Officer
$0 $25,036 $243,549
Hillery Fort CEO, President effective 10/1/24 10.0
Officer
$0 $29,930 $334,238
Mark Todd CEO, President 07/1/24 - 9/30/24 10.0
Officer
$0 $7,644 $560,024
Jacqueline Crisp Facility Administrator 40.0
Highest
$113,197 $10,362 $123,559
Joshlyn Chester LPN Supervisor 40.0
Highest
$133,348 $10,362 $143,710
Svetlana Caine RN MDS Nurse 40.0
Highest
$120,522 $10,362 $130,884
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $6,899,066 $8,559,445 $537,563 $-1,660,379
2024 No data No data No data No data
2023 $7,683,735 $10,296,748 $3,748,083 $-2,613,013
2022 $8,620,276 $9,737,084 $1,182,114 $-1,116,808
2021 $9,436,094 $10,364,390 $1,243,986 $-928,296
2020 $11,988,494 $11,822,268 $1,565,520 $166,226
2019 $11,806,881 $11,460,746 $1,718,339 $346,135
2018 $11,313,391 $11,064,701 $1,578,376 $248,690
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