THE MAGNOLIA SCHOOL INC (EIN 592841227) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

DENISE SPIVEY

Phone

8503853834

Tax Period

2024-07-01 to 2025-06-30

THE MAGNOLIA SCHOOL INC, founded in 1987, is a small nonprofit in the Education sector that reported $635K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $563K left a modest 11% surplus.

Mission

THE OPERATIION OF A PRIVATE NONPROFIT ELEMENTARY AND MIDDLE SCHOOL.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,584

Program Service Revenue $616,306

Investment Income $4,290

Other Revenue $-2,297

TOTAL REVENUE $634,883

Expense Breakdown

Grants Paid $0

Salaries & Benefits $410,098

Fundraising Expenses $0

Program Expenses $544,603

Other Expenses $152,489

TOTAL EXPENSES $562,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$634,883	$554,479	+0.1%
Expenses	$562,587	$546,350	+0.0%
Net Income	$72,296	$8,129	+7.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$106,049

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLY SINNADURAI	EXECUTIVE DI	40.00	Director	$59,180	$1,200	$60,380
PAM MALDONDO	BOARD MEMBER	40.00	Director	$44,469	$1,200	$45,669
IVORY COUNCIL	BOARD MEMBER	1.00	Director	$0	$0	$0
HEATHER FISHER	TREASURER	1.00	Officer Director	$0	$0	$0
HEATHER FUSELIER	SECRETARY	1.00	Officer Director	$0	$0	$0
KELLY GRIFFITH	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA LOWE-MINOR	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOE ROSE	BOARD MEMBER	1.00	Director	$0	$0	$0
DENISE SPIVEY	CHAIR	1.00	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	$634,883	$562,587	$698,795	$72,296
2024	$554,479	$546,350	$633,191	$8,129
2023	$525,803	$471,958	$423,855	$53,845
2022	$464,912	$419,427	$271,228	$45,485
2021	$388,398	$430,888	$243,433	$-42,490
2020	$429,172	$376,925	$304,550	$52,247
2019	$406,818	$383,391	$254,113	$23,427
2018	$381,742	$399,507	$242,940	$-17,765

THE MAGNOLIA SCHOOL INC