Magnolia Manor Of Macon Inc
- Assets
- $1.7m
- Revenue
- $627.6k
- Investments
- $0.0
- Employees
- 19
- Location
- Americus, GA
- Founding
- 02/2009
- Data as of
- 06/2021
- EIN
- 26-1311379
Organization Overview
Magnolia Manor Of Macon Inc is located in Americus, GA. The organization was established in 2009. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Magnolia Manor Of Macon Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnolia Manor Of Macon Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Magnolia Manor Of Macon Inc generated $627.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $993.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS ORGANIZED TO PROVIDE PERSONAL CARE SERVICES TO THE SICK AND ELDERLY IN A SPIRTUAL SETTING. THE MISSION IS ACCOMPLISHED THROUGH THE OPERATION OF A 24 UNIT LICENSED FACILITY LOCATED IN MACON, GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED PERSONAL CARE SERVICES TO THE SICK AND ELDERLY THROUGH THE OPERATION OF A 24 UNIT LICENSED PERSONAL CARE FACILITY LOCATED IN MACON, GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Johnson Board Of Trustee Chairman | OfficerTrustee | 1 | $0 |
Chuck Reeves Board Of Trustee Vice Chai | OfficerTrustee | 1 | $0 |
Jean Wheeler Board Of Trustee Secretary | OfficerTrustee | 1 | $0 |
Scott Adkins CFO | Officer | 2 | $0 |
Mark Todd CEO | Officer | 2 | $0 |
Edie Vinson Board Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $621,262 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $627,634 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $361,070 |
| Pension plan accruals and contributions | $5,774 |
| Other employee benefits | $76,098 |
| Payroll taxes | $26,654 |
| Fees for services: Management | $65,812 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,227 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,747 |
| Advertising and promotion | $12,494 |
| Office expenses | $10,191 |
| Information technology | $1,201 |
| Royalties | $0 |
| Occupancy | $57,746 |
| Travel | $717 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,521 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $148,366 |
| Insurance | $36,615 |
| All other expenses | $0 |
| Total functional expenses | $993,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $904 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,260 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,591 |
| Prepaid expenses and deferred charges | $59 |
| Net Land, buildings, and equipment | $1,672,205 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,982 |
| Total assets | $1,690,001 |
| Accounts payable and accrued expenses | $49,829 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $841,151 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $749,862 |
| Total liabilities | $1,640,842 |
| Net assets without donor restrictions | $49,159 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,690,001 |
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