Totals
- Total revenue
- $229,666
- Total expenses
- $192,009
- Contributions and grants received
- $266,079
- Grants paid
- $152,873
- Program service revenue
- $0
- Investment income
- $15,098
- Other revenue
- -$51,511
- Total assets, end of year
- $588,751
- Total liabilities, end of year
- $781
- Net assets or fund balances, end of year
- $587,970
- Program services expenses (Part IX)
- $152,873
- Management and general expenses
- $35,278
- Fundraising expenses
- $3,858
- Program service expenses (Part III)
- $152,873
Program services were 79.6% 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
$178,725
-
1f · All other contributions, gifts and grants
$87,354
-
1g · Noncash contributions included above
$28,213
-
3 · Investment income
total $9,516 · excluded $9,516
-
7a · Gross sales of assets other than inventory
securities $5,582
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $5,582
-
7d · Net gain or loss
total $5,582 · excluded $5,582
-
8a · Fundraising events: gross income
$39,836
-
8a · Fundraising events: contributions included on line 1c
$178,725
-
8b · Fundraising events: direct expenses
$103,730
-
8c · Net income from fundraising events
total -$63,894 · excluded -$63,894
-
9a · Gaming: gross income
$13,603
-
9b · Gaming: direct expenses
$1,220
-
9c · Net income from gaming
total $12,383 · excluded $12,383
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $152,585 · program services $152,585
-
2 · Grants to domestic individuals
total $288 · program services $288
-
11c · Fees: accounting
total $6,600 · management and general $6,600
-
11f · Fees: investment management
total $5,750 · management and general $5,750
-
12 · Advertising and promotion
total $2,030 · management and general $2,030
-
13 · Office expenses
total $18,045 · management and general $14,705 · fundraising $3,340
-
14 · Information technology
total $225 · management and general $162 · fundraising $63
-
23 · Insurance
total $1,731 · management and general $1,731
-
24a · Other expenses: BANK FEES
total $2,665 · management and general $2,665
-
24b · Other expenses: MEMBER EXPENSES
total $1,936 · management and general $1,481 · fundraising $455
-
24c · Other expenses: GIFTS & AWARDS
total $154 · management and general $154
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $80,282 · end of year $103,177
-
2 · Savings and temporary cash investments
beginning of year $88,628 · end of year $82,717
-
15 · Other assets
beginning of year $459,211 · end of year $402,857
-
17 · Accounts payable and accrued expenses
beginning of year $1,253 · end of year $781
-
27 · Net assets without donor restrictions
beginning of year $626,868 · end of year $587,970
Mission and programs · 2022
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 $152,585 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 $152,873 · Grants $152,873
As filed on the 2022 return.
Listed in Part VII
-
Elizabeth BorstingELIZABETH BORSTING
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Hilda SanchezHILDA SANCHEZ
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Jean JosephJEAN JOSEPH
RECORDING SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Bobbie FeslerBOBBIE FESLER
PRESIDENT ELECT
- Total calculated
- $0
- Hours/week
- 5
-
Judy McNulty BlackJUDY MCNULTY BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Surina GeoffroySURINA GEOFFROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Claire GuillenCLAIRE GUILLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Michele DobsonMICHELE DOBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Carmen BubarCARMEN BUBAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Stephanie DavisSTEPHANIE DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
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
$152,500
$150,000 FOR THE AREA OF GREATEST NEED AT STRAMSKI CHILDREN'S DEVELOPMENTAL CENTER; $2,500 FOR MAINTENANCE OF STRAMSKICENTER.COM WEBSITE.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202302569349301530
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