MAGNOLIA MEDICAL FOUNDATION (EIN 900504363) - 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

2009

Legal Domicile

Principal Officer

ERICA THOMPSON

Phone

6016133737

Tax Period

2024-01-01 to 2024-12-31

MAGNOLIA MEDICAL FOUNDATION, founded in 2009, is a small nonprofit in the Crime & Legal sector that reported $870K in total revenue in fiscal year 2024. The organization ran a surplus of $158K, a strong 18% operating margin.

Mission

MAGNOLIA MEDICAL FOUNDATION MMF IS A COMMUNITY BASED ORGANIZATION FOUNDED IN 2009 TO PROVIDE PREVEN HEALTH SERVICES INCLUDING HEALTH EDUCATION TO UNDERSERVED COMMUNITI

🔒

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 $0

Program Service Revenue $869,257

Investment Income $1,067

Other Revenue $0

TOTAL REVENUE $870,324

Expense Breakdown

Grants Paid $0

Salaries & Benefits $364,786

Fundraising Expenses $0

Program Expenses $712,237

Other Expenses $347,451

TOTAL EXPENSES $712,237

Year-over-Year Comparison

	2024	2023	Change
Revenue	$870,324	$833,744	+0.0%
Expenses	$712,237	$819,292	-0.1%
Net Income	$158,087	$14,452	+9.9%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AL J THOMPSON	PRESIDENT	5	Officer Director	$0	$0	$0
KENNETH BROWN	TREASUER/SECRE	5	Officer Director	$0	$0	$0
NEDRA EDMONDS	DIRECTOR	5	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
2024	$870,324	$712,237	$598,393	$158,087
2023	$833,744	$819,292	$459,707	$14,452
2022	$715,357	$650,029	$380,692	$65,328
2021	$611,948	$593,351	$306,062	$18,597
2020	$408,745	$284,292	$238,123	$124,453
2019	$161,220	$186,171	$90,378	$-24,951
2018	$158,070	$195,363	$91,499	$-37,293

MAGNOLIA MEDICAL FOUNDATION