Totals
- Total revenue
- $870,324
- Total expenses
- $712,237
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $869,257
- Investment income
- $1,067
- Other revenue
- $0
- Total assets, end of year
- $598,393
- Total liabilities, end of year
- $39,108
- Net assets or fund balances, end of year
- $559,285
- Program services expenses (Part IX)
- $514,709
- Management and general expenses
- $197,528
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $712,237
Program services were 72.3% 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.
-
2a · Program service revenue: PROGRAM REVENUE
total $869,257 · related or exempt $869,257
-
3 · Investment income
total $1,067 · related or exempt $1,067
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $336,203 · program services $286,203 · management and general $50,000
-
10 · Payroll taxes
total $28,583 · management and general $28,583
-
11c · Fees: accounting
total $26,701 · management and general $26,701
-
12 · Advertising and promotion
total $2,194 · management and general $2,194
-
13 · Office expenses
total $23,039 · program services $15,346 · management and general $7,693
-
16 · Occupancy
total $23,143 · program services $13,293 · management and general $9,850
-
17 · Travel
total $8,820 · program services $1,050 · management and general $7,770
-
20 · Interest
total $683 · management and general $683
-
23 · Insurance
total $25,517 · management and general $25,517
-
24a · Other expenses: CONTRACT LABOR
total $136,362 · program services $136,362
-
24b · Other expenses: TAXES & LICENSE
total $6,590 · program services $6,590
-
24c · Other expenses: SUPPLIES
total $61,596 · program services $37,768 · management and general $23,828
-
24d · Other expenses: OTHER FUNCTIONAL EXPENSES
total $32,806 · program services $18,097 · management and general $14,709
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $446,722 · end of year $594,403
-
10a · Land, buildings and equipment: cost or other basis
$46,405
-
10b · Land, buildings and equipment: accumulated depreciation
$42,415
-
10c · Land, buildings and equipment, net
beginning of year $10,619 · end of year $3,990
-
15 · Other assets
beginning of year $2,366
-
17 · Accounts payable and accrued expenses
beginning of year $122,444 · end of year $39,108
-
27 · Net assets without donor restrictions
beginning of year $277,578 · end of year $559,285
-
28 · Net assets with donor restrictions
beginning of year $59,685
Mission and programs · 2024
Mission
SERVICES SUCH AS CANCER, DIABETES, HEART DISEASE AND STROKE TO HIGH FOUNDED IN 2009 TO PROVIDE PREVENTIVE HEALTH SERVICES INCLUDING HEALTH SCEENING, HEALTH EDUCAITON, AND PROMOTION OF CHRONIC MANAGEMENT
Activities or mission (Part I)
MAGNOLIA MEDICAL FOUNDATION MMF IS A COMMUNITY BASED ORGANIZATION FOUNDED IN 2009 TO PROVIDE PREVEN HEALTH SERVICES INCLUDING HEALTH EDUCATION TO UNDERSERVED COMMUNITI
-
SEE PART III, LINE 1
Expenses $712,237 · Revenue $869,257
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Al J ThompsonAL J THOMPSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Kenneth BrownKENNETH BROWN
TREASUER/SECRE
- Total calculated
- $0
- Hours/week
- 5
-
Nedra EdmondsNEDRA EDMONDS
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202521779349301132
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