MAGNOLIA COASTLANDS AREA HEALTH EDUCATION CENTER INC

EIN: 582629853 501(c)(3) Health Care

STATESBORO, GA

Total Revenue
$828,955
Total Expenses
$782,545
Total Assets
$918,806
Net Assets
$886,406
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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
2001
Legal Domicile
GA
Principal Officer
JANE NESTER
Phone
9124781050
Tax Period
2024-07-01 to 2025-06-30

MAGNOLIA COASTLANDS AREA HEALTH EDUCATION CENTER INC, founded in 2001, is a small nonprofit in the Health Care sector that reported $829K in total revenue in fiscal year 2024. Expenses of $783K left a modest 6% surplus.

Mission

TO SUPPORT THE RECRUITMENT, TRAINING, AND RETENTION OF A DIVERSE HEALTH PROFESSIONS WORKFORCE THROUGHOUT OUR 39 COUNTY REGION IN SOUTHEAST 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 $813,221
Program Service Revenue $0
Investment Income $3,487
Other Revenue $12,247
TOTAL REVENUE $828,955

Expense Breakdown

Grants Paid $210,653
Salaries & Benefits $423,354
Fundraising Expenses $0
Program Expenses $712,645
Other Expenses $148,538
TOTAL EXPENSES $782,545

Year-over-Year Comparison

2024 2023 Change
Revenue $828,955 $773,523 +0.1%
Expenses $782,545 $744,305 +0.1%
Net Income $46,410 $29,218 +0.6%
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

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Governance

Voting Members
14
Independent Members
14
Employees
6
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
5
$127,863
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STUART TEDDERS EXECUTIVE BO N/A
Director
$0 $0 $0
TAMMY BAYTO VICE CHAIR N/A
Officer Director
$0 $0 $0
WILLIAM BRIAN DOWIS TREASURER N/A
Officer Director
$0 $0 $0
DENISE KORNEGAY EX-OFFICIO N/A
Director
$0 $0 $0
STEVEN DAVIS EXECUTIVE BO N/A
Director
$0 $0 $0
KRISTIE WATERFIELD EXECUTIVE BO N/A
Director
$0 $0 $0
JENNIE WREN DENMARK EXECUTIVE BO N/A
Director
$0 $0 $0
CARLA BELCHER SECRETARY N/A
Officer Director
$0 $0 $0
JAMES SMALL EXECUTIVE BO N/A
Director
$0 $0 $0
DONNA COHEN EXECUTIVE BO N/A
Director
$0 $0 $0
MARY KIDD DAVIS EXECUTIVE BO N/A
Director
$0 $0 $0
JANE NESTER EXECUTIVE DI 40.00
Officer
$127,863 $0 $127,863
NANCY HURLOCK EXECUTIVE BO N/A
Director
$0 $0 $0
SANDRA JUMP EXECUTIVE BO N/A
Director
$0 $0 $0
TILICIA MAYO-GAMBLE CHAIR N/A
Officer 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
2025 $828,955 $782,545 $918,806 $46,410
2024 $773,523 $744,305 $874,200 $29,218
2023 $707,750 $670,626 $839,598 $37,124
2022 $787,869 $706,769 $838,078 $81,100
2021 $688,158 $655,474 $715,281 $32,684
2020 $701,260 $646,050 $690,780 $55,210
2019 $627,211 $590,147 $629,366 $37,064
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