MAGNOLIA SPECIALIZED SERVICES INC (EIN 710397527) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

SARA CARRINGTON

Phone

8702346118

Tax Period

2024-07-01 to 2025-06-30

MAGNOLIA SPECIALIZED SERVICES INC, founded in 1967, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2018.

Mission

EDUCATION OF THE MENTALLY HANDICAPPED

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,648,861

Program Service Revenue $0

Investment Income $24,082

Other Revenue $8,649

TOTAL REVENUE $3,681,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,064,638

Fundraising Expenses $0

Program Expenses $3,348,361

Other Expenses $1,494,408

TOTAL EXPENSES $3,559,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,681,592	$3,511,565	+0.0%
Expenses	$3,559,046	$3,685,252	0.0%
Net Income	$122,546	$-173,687	-1.7%

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

115

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
DOROTHY CHAFFIN	BOARD MEMBER	N/A	Director	$0	$0	$0
CHRIS GILLIAM	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
CAROLYN GREENE	BOARD MEMBER	N/A	Director	$0	$0	$0
SHIRLYE HOPKINS	SECRETARY-TR	N/A	Officer Director	$0	$0	$0
PAULA SMITH	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBBYE TAYLOR	BOARD MEMBER	N/A	Director	$0	$0	$0
ANGIE WATERS	BOARD MEMBER	N/A	Director	$0	$0	$0
MARGO WEISER	PRESIDENT	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	$3,681,592	$3,559,046	$2,325,519	$122,546
2024	$3,511,565	$3,685,252	$2,139,199	$-173,687
2023	$3,276,414	$3,534,135	$2,343,833	$-257,721
2022	$3,668,699	$3,093,078	$2,585,781	$575,621
2021	$3,530,211	$3,163,340	$2,473,317	$366,871
2020	$2,663,493	$2,869,478	$2,149,092	$-205,985
2019	$3,023,631	$3,068,589	$2,017,651	$-44,958
2019	$3,023,631	$3,068,589	$2,017,651	$-44,958

MAGNOLIA SPECIALIZED SERVICES INC