Magnolia Mission

Organization Overview

Magnolia Mission, operating under the name Co Becky Bennett, is located in Franklin, NC. According to its NTEE Classification (P32) the organization is classified as: Foster Care, 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. Co Becky Bennett 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 07/2024, Co Becky Bennett generated $50.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $52.8k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING FOSTER AND ADOPTIVE FAMILIES IN FRANKLIN NC SO THAT THEY ARE ENCOURAGES AND EQUIPED TO PROVIDE FOR THE CHILDREN IN THEIR CARE

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE ASSEMBLED AND DISTRIBUTED BOTH FOOD AND SUBSTANCE AND OTHER SUPPLIES TO SUPPORT FOSTER AND ADOPTIVE FAMILIES IN MACON COUNTY NC SO THAT THE FAMILES ARE ENCOURAGED AND EQUIPED TO PROVIDE FOR THE CHILDREN IN THEIR CARE


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Board, Officers & Key Employees

Name (title)Compensation
Rebecca Bennett
Executive Director
$9,906
Michele Hubbs
Board Member
$0
Brandon Crone
Board Member
$0
Randy Janoe
Board Member
$0
Lisa Deforest
President
$0
Russell Hawkins
Vice President
$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$50,639
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,639
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 $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $50,639

Peer Organizations

Organization NameAssets
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Alpharetta, GA
$7,866,843
Isaiah 117 House
Elizabethton, TN
$16,039,465
Growing Home Southeast Inc
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$5,824,518
People Places Inc
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$5,572,485
Georgia Sheriffs Youth Homes Inc
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$7,017,728
Bloom Our Youth Inc
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$4,816,855
Childkind Inc
Tucker, GA
$4,482,607
Youth Town Of Tennessee Inc
Jackson, TN
$6,105,993
Community Connections Inc
Stone Mountain, GA
$3,712,697
Foundations For Home And Community Inc
Portsmouth, VA
$4,051,248
Family Preservation Community Services
Columbia, SC
$2,794,760
Touchstone Residential Services
Raleigh, NC
$2,196,173
Children In Crisis In Dorchester
Summerville, SC
$2,082,656
For Childrens Sake Of Virginia
Chantilly, VA
$1,464,573
Lighthouse Therapeutic Foster Care Inc
Ringgold, GA
$1,240,403
Childrens Homes Of Iredell County Inc
Statesville, NC
$1,144,676
Foster Care Support Foundation Inc
Roswell, GA
$1,171,455
Rapid Resource For Families Inc
New Bern, NC
$1,501,971
Wayne Reed Christian Child Care Center
Nashville, TN
$1,226,976
Coordinators 2 Inc
Richmond, VA
$846,168
Henry & William Evans Home Inc
Winchester, VA
$687,204
Atlanta Childrens Foundation Inc
Atlanta, GA
$930,763
Childrens Center Of The Cumberlands
Oneida, TN
$701,518
Family Room Foster Care Resource Center
Greensboro, NC
$739,569
Carolina Family Connections
Charlotte, NC
$585,910

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