Southern Magnolia Charities is located in Milton, GA. The organization was established in 2018. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Magnolia Charities 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 12/2021, Southern Magnolia Charities generated $76.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $75.4k during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
FILL MINISTRIES (DBA MEALS BY GRACE)FOOD FOR INSECURE FAMILIES INCLUDING AT HOME DELIVERY FOR FAMILIES WITHOUT TRANSPORTATION,A CLIENT-CHOICE PANTRY FOR PEOPLE WITH TRANSPORTATION, AND A MOBLE PANTRY FOR FAMILIES
FILL MINISTRIES (DBA MEALS BY GRACE)FOOD FOR INSECURE FAMILIES INCLUDING AT HOME DELIVERY FOR FAMILIES WITHOUT TRANSPORTATION,A CLIENT-CHOICE PANTRY FOR PEOPLE WITH TRANSPORTATION, AND A MOBLE PANTRY FOR FAMILIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Savas President | 10 | $0 | |
Judy Burds Secretary | 5 | $0 | |
Cynthia Knutson Vice President | 2 | $0 | |
Marsha Spear President Emeritus | 3 | $0 | |
Amanda Quintana Treasurer | 7 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $82,613 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$6,473 |
Other Revenue | $0 |
Total Revenue | $76,279 |
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 | $218 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,670 |
Total expenses | $75,388 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,625 |
Other assets | $0 |
Total assets | $9,853 |
Total liabilities | $4 |
Net assets or fund balances | $9,849 |
Over the last fiscal year, we have identified 1 grants that Southern Magnolia Charities has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
William B Orkin Foundation Inc Milton, GA PURPOSE: OPERATING GRANT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
Childrens Healthcare Charity Inc Palm Beach Gardens, FL | $5,074,981 | $9,745,793 |
Don And Angie Seta Foundation Boca Raton, FL | $0 | $7,457,065 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
National Cancer Assistance Foundation Inc Daytona Beach, FL | $587,584 | $4,501,111 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Frances P Bunnelle Foundation Pawleys Island, SC | $50,346,506 | $4,044,110 |
The Ironman Foundation Inc Tampa, FL | $9,463,048 | $2,918,187 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Norcross Foundation Inc Jacksonville, FL | $12,948,336 | $5,280,220 |