MAGNOLIA EDUCATION & TREATMENT INC

EIN: 994639617 501(c)(3) Mental Health

OZARK, AL

Total Revenue
$38,097
Total Expenses
$37,796
Total Assets
$2,713
Net Assets
$-3,332
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
AL
Principal Officer
ROBERT PARSONS
Phone
3347905648
Tax Period
2025-01-01 to 2025-12-31

MAGNOLIA EDUCATION & TREATMENT INC, founded in 2024, is a micro nonprofit in the Mental Health sector that reported $6K in total revenue in fiscal year 2024. Expenses of $9K exceeded revenue, resulting in a 63% operating deficit.

Mission

TO OPERATE AN EDUCATIONAL PROGRAM FOR INDIVIDUALS REFERRED BY THE COURTS DUE TO SUBSTANCE ABUSE ISSUES IN HOPES TO REDUCE DRUG RELATED OFFENSES.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $38,097
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $38,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,740
Fundraising Expenses $0
Program Expenses $37,796
Other Expenses $24,056
TOTAL EXPENSES $37,796

Year-over-Year Comparison

2025 2024 Change
Revenue $38,097 $5,769 +5.6%
Expenses $37,796 $9,402 +3.0%
Net Income $301 $-3,633 -1.1%
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
5
Independent Members
5
Employees
1
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
5
$2,520
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT PARSONS DIRECTOR 15.00
Officer
$2,520 $0 $2,520
SOPHIA BUCHANAN DIRECTOR 1.00
Officer
$0 $0 $0
SARA ASHLEY PARSONS DIRECTOR 1.00
Officer
$0 $0 $0
WILLIAM H PARSONS DIRECTOR 1.00
Officer
$0 $0 $0
MARSIELENA WILLIAMS 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
2025 $38,097 $37,796 $2,713 $301
2024 $5,769 $9,402 $3,285 $-3,633
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