Magnolia Resource
- Assets
- $268.0
- Revenue
- $8.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lebanon, OH
- Founding
- Data as of
- 12/2020
- EIN
- 84-4615564
Organization Overview
Magnolia Resource is located in Lebanon, OH. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magnolia Resource is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MAGNOLIA RESOURCE IS DEDICATED TO SUPPORTING ADOPTION & KINSHIP CARE BY PROVIDING A DIGITAL RESOURCE NETWORK, CARE PACKAGES AND ACHIEVEMENT COACHING TO THOSE IN NEED. OUR RESOURCE NETWORK IS AN INCLUSIVE REFERRAL NETWORK DESIGNED TO MEET THE NEEDS OF CHILDREN IN FOSTER AND KINSHIP CARE. THROUGH COMMUNITY SUPPORT WE ARE ABLE TO PROVIDE CUSTOM CARE PACKAGES TO CHILDREN AND FAMILIES WITH NECESSARY HYGIENE, CLOTHING AND EDUCATIONAL ITEMS. WE ALSO OFFER ACHIEVEMENT COACHING TO TEENS AGING OUT OF FOSTER CARE. IT IS OUR MISSION TO ENCOURAGE JOYFUL, SUCCESSFUL AND VIBRANT LIVES FOR THOSE IN FOSTER AND KINSHIP CARE OR THOSE GOING THROUGH THE ADOPTION PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IT IS OUR MISSION TO ENCOURAGE JOYFUL, SUCCESSFUL AND VIBRANT LIVES
IT IS OUR MISSION TO ENCOURAGE JOYFUL, SUCCESSFUL AND VIBRANT LIVES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deb Slone Board Member | Officer | $0 | |
Tiffany Wright President | Officer | $0 | |
Karla Stepp Board Member | Officer | $0 | |
Sarah Michel Vice Preside | Officer | $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 | $9,990 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,990 |
| Total Program Service Revenue | $0 |
| 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 | -$1,306 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,684 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3 |
| Office expenses | $179 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,921 |
| All other expenses | $0 |
| Total functional expenses | $8,416 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $268 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $268 |
| 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 | $268 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Magnolia Resource has recieved totaling $566.
| Awarding Organization | Amount |
|---|---|
American Homeland Title Community Foundation Inc Cincinnati, OH PURPOSE: MENTORSHIP FAMLIES WITH FOSTER CHILD | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $66 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
Family Service Assoc Of Bucks County Langhorne, PA | $12,329,887 | $10,792,087 |
Diversfied Family Services Inc Hermitage, PA | $11,390,979 | $10,833,885 |
Eagle Village Inc Hersey, MI | $8,675,172 | $9,597,805 |
Lutheran Child & Family Services Of Indiana Indianapolis, IN | $66,445,351 | $7,597,945 |
Every Child Succeeds Inc Cincinnati, OH | $7,596,138 | $8,199,903 |
Intercultural Family Services Inc Philadelphia, PA | $5,237,808 | $8,289,792 |
Jewish Family Service Of The Cincinnati Area Cincinnati, OH | $9,480,181 | $8,182,719 |
Bauer Family Resources Inc Lafayette, IN | $4,272,667 | $7,405,225 |
Friends Association For Care & Protection Of Children West Chester, PA | $3,306,511 | $7,911,094 |
Family Services Incorporated Altoona, PA | $10,094,387 | $10,384,210 |
Tabor Community Partners Philadelphia, PA | $4,087,207 | $6,691,499 |