Magnolia Support Group

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

Chris Jones

Phone

2815415391

Tax Period

2023-01-01 to 2023-12-31

Magnolia Support Group, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $207K in total revenue in fiscal year 2023. Expenses of $199K left a modest 4% surplus.

Mission

To provide financial support for various community organizations in Magnolia, Texas.

Program Service Accomplishments

Program 1

Expenses: $190,411 Revenue: $0

Provide support to various school organizations within the Magnolia Independent School District.

Program 2

Expenses: $3,000 Revenue: $0

Provide scholarships to students of the Magnolia Independent School District.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,700

Program Service Revenue $0

Investment Income $0

Other Revenue $192,872

TOTAL REVENUE $206,572

Expense Breakdown

Grants Paid $193,411

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,411

Other Expenses $5,379

TOTAL EXPENSES $198,790

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,572	N/A	N/A
Expenses	$198,790	N/A	N/A
Net Income	$7,782	N/A	N/A

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Jones	President	2.00	Director	$0	$0	$0
Chad Walling	Vice President	2.00	Director	$0	$0	$0
Melissa Jones	Treasurer	2.00	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$206,572	$198,790	$53,497	$7,782