Magnolia Gme Alumni Association Inc
- Assets
- $5.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corinth, MS
- Founding
- 12/2017
- Data as of
- 12/2022
- EIN
- 81-4860418
Organization Overview
Magnolia Gme Alumni Association Inc is located in Corinth, MS. The organization was established in 2017. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnolia Gme Alumni Association 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 12/2022, Magnolia Gme Alumni Association Inc generated $3.0 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 (72.7%) each year. All expenses for the organization totaled $1.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT THE ADVANCEMENT OF MRHC-GME, ITS FACULTY, ALUMNI, STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seger Morris DO President | 0 | $0 | |
Matthew T Tipton DO Secretary | 0 | $0 | |
Valerie D Norton DO Treasury | 0 | $0 | |
J Peyton Preece DO V-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $330 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,349 |
| Total expenses | $1,679 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,465 |
| Other assets | $0 |
| Total assets | $5,465 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,465 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Magnolia Gme Alumni Association Inc has recieved totaling $6,520.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $6,520 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Healing Trust Nashville, TN | $0 | $7,303,090 |
Our Lady Of The Lake Foundation Baton Rouge, LA | $22,619,327 | $9,390,002 |
Methodist Healthcare Foundation Memphis, TN | $23,965,456 | $9,348,334 |
Shelby County Community Health Foundation Columbiana, AL | $85,859,544 | $2,816,879 |
Ballad Health Foundation Johnson City, TN | $60,338,294 | $4,593,678 |
The Eyesight Foundation Of Alabama Birmingham, AL | $47,808,269 | $7,613,281 |
The Guardian Foundation Inc Ooltewah, TN | $15,363,299 | $2,524,812 |
The Regional Medical Center At Memphis Foundation Memphis, TN | $7,889,154 | $2,199,515 |
Health Care Foundation Of North Mississippi Tupelo, MS | $9,822,565 | $2,634,276 |
Fort Sanders Foundation Knoxville, TN | $17,490,375 | $1,458,401 |
Holy Name Of Jesus Hospital Trust Birmingham, AL | $26,432,978 | $2,000,941 |
Arkansas Family Health Foundation Augusta, AR | $1,514,792 | $313,091 |