Totals
- Total revenue
- $263,185
- Total expenses
- $199,094
- Contributions and grants received
- $250,589
- Grants paid
- $156,784
- Program service revenue
- $0
- Investment income
- $20,307
- Other revenue
- -$7,711
- Total assets, end of year
- $702,717
- Total liabilities, end of year
- $9,318
- Net assets or fund balances, end of year
- $693,399
- Program services expenses (Part IX)
- $156,784
- Management and general expenses
- $38,647
- Fundraising expenses
- $3,663
- Program service expenses (Part III)
- $156,784
Program services were 78.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$130,836
-
1f · All other contributions, gifts and grants
$119,753
-
1g · Noncash contributions included above
$12,276
-
3 · Investment income
total $17,187 · excluded $17,187
-
7a · Gross sales of assets other than inventory
securities $41,010
-
7b · Less cost or other basis and sales expenses
securities $37,890
-
7c · Gain or loss
securities $3,120
-
7d · Net gain or loss
total $3,120 · excluded $3,120
-
8a · Fundraising events: gross income
$19,210
-
8a · Fundraising events: contributions included on line 1c
$130,836
-
8b · Fundraising events: direct expenses
$52,447
-
8c · Net income from fundraising events
total -$33,237 · excluded -$33,237
-
9a · Gaming: gross income
$30,887
-
9b · Gaming: direct expenses
$5,361
-
9c · Net income from gaming
total $25,526 · excluded $25,526
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $156,784 · program services $156,784
-
11c · Fees: accounting
total $7,888 · management and general $7,888
-
11f · Fees: investment management
total $5,782 · management and general $5,782
-
12 · Advertising and promotion
total $1,946 · management and general $1,946
-
13 · Office expenses
total $20,208 · management and general $16,607 · fundraising $3,601
-
14 · Information technology
total $124 · management and general $62 · fundraising $62
-
23 · Insurance
total $1,847 · management and general $1,847
-
24a · Other expenses: BANK FEES
total $3,640 · management and general $3,640
-
24b · Other expenses: MEMBER EXPENSES
total $875 · management and general $875
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $103,177 · end of year $165,421
-
2 · Savings and temporary cash investments
beginning of year $82,717 · end of year $86,016
-
9 · Prepaid expenses and deferred charges
end of year $5,407
-
15 · Other assets
beginning of year $402,857 · end of year $445,873
-
17 · Accounts payable and accrued expenses
beginning of year $781 · end of year $9,318
-
27 · Net assets without donor restrictions
beginning of year $587,970 · end of year $664,874
-
28 · Net assets with donor restrictions
end of year $28,525
Mission and programs · 2023
Mission
STEEL MAGNOLIAS RAISES FUNDS TO BENEFIT CHILDREN WITH DEVELOPMENT DELAYS & DISABILITIES, BEHAVIORAL AND LEARNING CHALLENGES AND OTHER SPECIAL NEEDS.
-
STEEL MAGNOLIAS RAISES FUNDS TO BENEFIT CHILDREN WITH DEVELOPMENT DELAYS & DISABILITIES, BEHAVIORAL & LEARNING CHALLENGES & OTHER SPECIAL NEEDS. DURING THE YEAR, STEEL MAGNOLIAS CONTRIBUTED $156,284 TO THE MEMORIAL MEDICAL CENTER FOUNDATION ON BEHALF OF THE STRAMSKI CHILDREN'S DEVELOPMENT CENTER WHICH IS PART OF MILLER CHILDREN'S AND WOMEN'S HOSPITAL LONG BEACH. THESE FUNDS ARE TO BE USED FOR ONGOING EFFORTS IN THE EVALUATION AND TREATMENT OF CHILD DEVELOPMENT ISSUES.
Expenses $156,784 · Grants $156,784
As filed on the 2023 return.
Listed in Part VII
-
Bobbie FeslerBOBBIE FESLER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
-
Hilda SanchezHILDA SANCHEZ
TREASURER (AS OF 06/01/23)
- Total calculated
- $0
- Hours/week
- 15
-
Jean JosephJEAN JOSEPH
TREASURER (UNTIL 05/31/23)
- Total calculated
- $0
- Hours/week
- 15
-
Susan HillSUSAN HILL
RECORDING SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Elizabeth BorstingELIZABETH BORSTING
FORMER PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Surina GeoffroySURINA GEOFFROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michele DobsonMICHELE DOBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Carmen BubarCARMEN BUBAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Stephanie DavisSTEPHANIE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Theresa BrunellaTHERESA BRUNELLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Jo MurrayJO MURRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Dana BuchananDANA BUCHANAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Liz KrummellLIZ KRUMMELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
MEMORIAL MEDICAL CENTER FOUNDATION
$155,000
$155,000 FOR THE AREA OF GREATEST NEED AT STRAMSKI CHILDREN'S DEVELOPMENTAL CENTER; $1,284 OF IPADS & TOYS FOR USE BY STRAMSKI PATIENTS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202421359349308322
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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