MAGNOLIA EDUCATION FOUNDATION (EIN 760699381) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

TINA MESSINA

Phone

7138549149

Tax Period

2022-06-01 to 2023-05-31

MAGNOLIA EDUCATION FOUNDATION, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $242K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $70K, a strong 29% operating margin.

Mission

NON PROFIT MISSION STATEMENT IS DIRECTED TO THE RAISING OF FUNDS WITH THE PROCEEDS USED FOR EDUCATIONAL PURPOSES RELATED TO THE SCHOOL DISTRICT. THE LIBRARY AND THE TEACHERS WHOM WORK AT THE SCHOOL PROCEEDS SUPPLY BOOKS, TEACHER SUPLY REIMBURSEMENTS AND PLAY GROUND EQUIPMENT FOR THE SCHOOL. ALL OF THESE PROGRAMS ARE MANAGED BY PARENTS WHOM OFFER THEIR TIME AT NO CHARGE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $235,409

Program Service Revenue $0

Investment Income $57

Other Revenue $6,920

TOTAL REVENUE $242,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,655

Other Expenses $172,655

TOTAL EXPENSES $172,655

Year-over-Year Comparison

	2022	2021	Change
Revenue	$242,386	$219,287	+0.1%
Expenses	$172,655	$196,326	-0.1%
Net Income	$69,731	$22,961	+2.0%

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

N/A

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
TAMMIE GAICONA-FREEMAN	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
TINA MESSINA	PRESIDENT	10.00	Officer Director	$0	$0	$0
PATRICIA SASS	TREASURER	10.00	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
2023	$242,386	$172,655	$156,827	$69,731
2022	$219,287	$196,326	$87,096	$22,961
2021	No data	No data	$64,135	No data
2021	$120,298	$215,011	$64,135	$-94,713
2020	$215,922	$143,749	$158,848	$72,173
2019	$209,225	$173,127	$86,676	$36,098

MAGNOLIA EDUCATION FOUNDATION