MAGNOLIA ROSE COTTAGE INC

EIN: 863234962 501(c)(3) Human Services

WAYNESBORO, VA

Total Revenue
$130,328
Total Expenses
$168,291
Total Assets
$45,308
Net Assets
$44,471
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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
VA
Principal Officer
KRISTAN CRUMMETT DOLLAR
Phone
5407138505
Tax Period
2024-01-01 to 2024-12-31

MAGNOLIA ROSE COTTAGE INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $141K in total revenue in fiscal year 2023. The organization ran a surplus of $70K, a strong 50% operating margin.

Mission

MAGNOLIA ROSE IS AN ORGANIZATION DEDICATED TO THE RECOVERY OF SURVIVORS OF TRAFFICKING, SEXUAL ABUSE, SEXUAL ASSAULT, AND DOMESTIC VIOLENCE, WITH AN EMPHASIS ON RESCUING PEOPLE BEING TRAFFICKED IN THE SHENNANDOAH VALLEY IN COORDINATION WITH LOCAL, STATE, AND NATIONAL LAW ENFORCEMENT AGENCIES. WE PROVIDE A SAFE PLACE FOR RESCUED TRAFFICKING SURVIVORS TO REGAIN SOBRIETY WORKING IN COORDINATION WITH THE AUGUSTA HEALTH SYSTEM. WE PROVIDE THEM WITH WHATEVER IMMEDIATE NEEDS THEY HAVE AND ASSIST THEM IN OBTAINING AVAILABLE SOCIAL SERVICES. WE WORK TO PLACE THEM IN A SUITABLE SHELTER OR REHABILITATION PROGRAM, AND ASSIST WITH THEIR TRAVEL NEEDS. WE USE VARIOUS MEANS TO HELP ABUSE SURVIVORS TO SUCCEED IN THEIR RECOVERY PROCESS, PRIMARILY BY PROVIDING A MARKET FOR THEIR PRODUCTS AND BUSINESSES.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $79,073
Program Service Revenue $51,247
Investment Income $0
Other Revenue $8
TOTAL REVENUE $130,328

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $155,856
Other Expenses $168,291
TOTAL EXPENSES $168,291

Year-over-Year Comparison

2024 2023 Change
Revenue $130,328 $140,739 -0.1%
Expenses $168,291 $71,044 +1.4%
Net Income $-37,963 $69,695 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
Volunteers
51

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
9
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN AVOLI DIRECTOR 1.00
Officer
$0 $0 $0
CATHY BALLEW DIRECTOR 1.00
Officer
$0 $0 $0
KRISTAN CRUMMETT DOLLAR EXECUTIVE DI 19.00
Officer
$0 $0 $0
LAYLA GRAVELY SECRETARY 14.00
Officer
$0 $0 $0
CHARLES ROBERT MURRAY TREASUER 10.00
Officer
$0 $0 $0
MARSHALL PATTIE PRESIDENT 10.00
Officer
$0 $0 $0
LOUSIA PRIORE VICE PRESIDE 4.00
Officer
$0 $0 $0
MARTI PUGH DIRECTOR 4.00
Officer
$0 $0 $0
ELYSSE STOLPE DIRECTOR 1.00
Officer
$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 $130,328 $168,291 $45,308 $-37,963
2023 $170,739 $71,044 $114,144 $99,695
2023 $140,739 $71,044 $84,144 $69,695
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