Civic Intelligence

Magnolia Business Alliance

EIN 27-2961301 • 501(c)6 • Diamondhead, MS

Profile

The mission of the M.B. Alliance is to improve the overall bsuiness enironment in the Gulf Coast Region so that small and medium business enterprises operate in a business climate based on fair ccompetition that promotes economic wellbeing to the small and medium size businesses.

88360 Diamondhead Drive EastDiamondhead, MS 39525
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

2.39x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2022

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

54th percentile

0.6%

Faster asset growth than 54% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$4,316

Up $25 (+0.6%) from 2021

Liabilities

Up

$10,327

Up $25 (+0.2%) from 2021

Net Assets

Flat

-$6,011

Flat from 2021

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $43,715 (-100%) from 2021

Expenses

Down

$0

Down $44,828 (-100%) from 2021

Net Income

Up

$0

Up $1,113 (+100%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth54th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$10K$0-$10KAssets 2020: $13,824Liabilities 2020: $18,722Net Assets 2020: -$4,8982020Assets 2021: $4,291Liabilities 2021: $10,302Net Assets 2021: -$6,0112021Assets 2022: $4,316Liabilities 2022: $10,327Net Assets 2022: -$6,0112022

Highlighted filing

2022

Assets$4,316
Liabilities$10,327
Net Assets-$6,011
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2020: $119,603Expenses 2020: $120,530Net Income 2020: -$9272020Revenue 2021: $43,715Expenses 2021: $44,828Net Income 2021: -$1,1132021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2022

Revenue$0
Expenses$0
Net Income$0
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$4,316
Liabilities
$10,327
Net assets
-$6,011
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.10$0.06$0.00$0.00$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.10$0.06$0.44$0.45$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.19$0.05$1.20$1.21$0.01
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 1, 2023
Return Version
2021v4.2
Gross Receipts
$43,715
Mission and Program Overview

Mission

The mission of the M.B. Alliance is to improve the overall bsuiness enironment in the Gulf Coast Region so that small and medium business enterprises operate in a business climate based on fair ccompetition that promotes economic wellbeing to the small and medium size businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$8,420--
Land, Buildings, and Equipment, Net$3,816$3,816→ $0
Cash and Non-Interest-Bearing Accounts$1,588$475▼ $1,113
Total Assets$13,824$4,291▼ $9,533
Liabilities
Accounts Payable and Accrued Expenses$18,722$10,302▼ $8,420
Total Liabilities$18,722$10,302▼ $8,420
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-4,898$-6,011▼ $1,113
Total Net Assets Fund Balance$-4,898$-6,011▼ $1,113
Total Liabilities and Net Assets / Fund Balance$13,824$4,291▼ $9,533

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,816-$3,816
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Craig A HarveyPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$43,715
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-1,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$43,865--$43,865
Insurance$963--$963
Total Functional Expenses$44,828$0$0$44,828
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“A copy is submitted to the governing body via email before filing.”

Governing documents etc available to public Part VI line 19

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Magnolia Business Alliance
EIN
27-2961301
Address
88360 Diamondhead Drive East, Diamondhead, MS 39525

Signing Officer

Name
Craig A Harvey
Title
President
Phone
2282225900
Signed
2023-03-01
Discuss with paid preparer
No

Organization Details

Formed
2010
Legal Domicile
Ms
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Kendrick CPA LLC
Address
260 MANNING ROAD SW U52, Marietta, GA 30064
Preparer
Wiley D Kendrick
Phone
6784916038
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“All other Expenses consists of payments made to subcontractors for services rendered for our program services.”

Raw XML Appendix228 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018722
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt010302
IRS990/AccountsReceivableGrp/BOYAmt08420
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The mission of the M.B. Alliance is to improve the overall bsuiness enironment in the Gulf Coast Region so that small and medium business enterprises operate in a business climate based on fair ccompetition that promotes economic wellbeing to the small and medium size businesses.
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Craig A Harvey
IRS990/BooksInCareOfDetail/PhoneNum02282225900
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt088360 Diamondhead Drive East
IRS990/BooksInCareOfDetail/USAddress/CityNm0Diamondhead
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039525
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01588
IRS990/CashNonInterestBearingGrp/EOYAmt0475
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt044828
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt043715
IRS990/CYRevenuesLessExpensesAmt0-1113
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt044828
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt043715
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Other professional services income - small business support in the area of social media management and accounting support, marketing, business plans and meeting coordination.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt044828
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt043865
IRS990/FeesForServicesOtherGrp/TotalAmt043865
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0Craig A Harvey
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt043715
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0963
IRS990/InsuranceGrp/TotalAmt0963
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03816
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03816
IRS990/LandBldgEquipCostOrOtherBssAmt03816
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of the M.B. Alliance is to improve the overall bsuiness enironment in the Gulf Coast Region so that small and medium business enterprises operate in a business climate based on fair ccompetition that promotes economic wellbeing to the small and medium size businesses.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-4898
IRS990/NetAssetsOrFundBalancesEOYAmt0-6011
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-4898
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-6011
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/Desc0Other Professional Serv
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt043715
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt0120530
IRS990/PYProgramServiceRevenueAmt0119603
IRS990/PYRevenuesLessExpensesAmt0-927
IRS990/PYTotalExpensesAmt0120530
IRS990/PYTotalRevenueAmt0119603
IRS990/ReconcilationRevenueExpnssAmt0-1113
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt043715
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03816
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03816
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03816
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy is submitted to the governing body via email before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All other Expenses consists of payments made to subcontractors for services rendered for our program services.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013824
IRS990/TotalAssetsEOYAmt04291
IRS990/TotalAssetsGrp/BOYAmt013824
IRS990/TotalAssetsGrp/EOYAmt04291
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt044828
IRS990/TotalFunctionalExpensesGrp/TotalAmt044828
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018722
IRS990/TotalLiabilitiesEOYAmt010302
IRS990/TotalLiabilitiesGrp/BOYAmt018722
IRS990/TotalLiabilitiesGrp/EOYAmt010302
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-4898
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-6011
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt044828
IRS990/TotalProgramServiceRevenueAmt043715
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt043715
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt043715
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013824
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04291
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Craig A Harvey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02282225900
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Magnolia Business Alliance
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0272961301
ReturnHeader/Filer/USAddress/AddressLine1Txt088360 Diamondhead Drive East
ReturnHeader/Filer/USAddress/CityNm0Diamondhead
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039525
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0820633849
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENDRICK CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0260 MANNING ROAD SW U52
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Marietta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030064
ReturnHeader/PreparerPersonGrp/PhoneNum06784916038
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wiley D Kendrick
ReturnHeader/ReturnTs02023-03-01T17:52:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Craig
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Harvey
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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