Civic Intelligence

Magnolia Manor of Macon Supportive Housing Inc.

990 • Fiscal year 2014 • EIN 31-1651955

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 31, 2014

2001 South Lee Street31709

(229) 924-9352

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,507,652

Up $1,597 (+0.1%) from 2013

Net Assets

Down

-$529,379

Down $3,932 (-0.7%) from 2013

Liabilities

Up

$2,037,031

Up $5,529 (+0.3%) from 2013

Revenue And Expenses

Revenue

$231,263

No earlier filing loaded for comparison.

Expenses

Down

$250,348

Down $13,351 (-5.1%) from 2013

Net Income

-$19,085

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,606,822Liabilities 2010: $2,068,295Net Assets 2010: -$461,4732010Assets 2011: $1,567,199Liabilities 2011: $2,069,867Net Assets 2011: -$502,6682011Assets 2012: $1,558,254Liabilities 2012: $2,108,097Net Assets 2012: -$549,8432012Assets 2013: $1,506,055Liabilities 2013: $2,031,502Net Assets 2013: -$525,4472013Assets 2014: $1,507,652Liabilities 2014: $2,037,031Net Assets 2014: -$529,3792014Assets 2015: $1,466,915Liabilities 2015: $2,030,883Net Assets 2015: -$563,9682015Assets 2016: $1,405,653Liabilities 2016: $2,045,015Net Assets 2016: -$639,3622016Assets 2017: $1,340,278Liabilities 2017: $2,048,955Net Assets 2017: -$708,6772017Assets 2018: $1,299,092Liabilities 2018: $2,044,514Net Assets 2018: -$745,4222018Assets 2019: $1,335,676Liabilities 2019: $2,054,602Net Assets 2019: -$718,9262019Assets 2020: $1,301,262Liabilities 2020: $2,059,029Net Assets 2020: -$757,7672020Assets 2021: $1,247,992Liabilities 2021: $2,059,051Net Assets 2021: -$811,0592021Assets 2022: $1,268,003Liabilities 2022: $2,108,232Net Assets 2022: -$840,2292022Assets 2023: $1,330,767Liabilities 2023: $2,281,379Net Assets 2023: -$950,6122023Assets 2024: $1,221,218Liabilities 2024: $2,092,077Net Assets 2024: -$870,8592024

Highlighted filing

2014

Assets$1,507,652
Liabilities$2,037,031
Net Assets-$529,379

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2010: $269,7152010Expenses 2011: $264,2132011Expenses 2012: $274,6162012Expenses 2013: $263,6992013Revenue 2014: $231,263Expenses 2014: $250,348Net Income 2014: -$19,0852014Revenue 2015: $230,045Expenses 2015: $266,664Net Income 2015: -$36,6192015Revenue 2016: $221,717Expenses 2016: $300,345Net Income 2016: -$78,6282016Revenue 2017: $222,669Expenses 2017: $300,669Net Income 2017: -$78,0002017Revenue 2018: $195,885Expenses 2018: $281,446Net Income 2018: -$85,5612018Revenue 2019: $201,337Expenses 2019: $278,658Net Income 2019: -$77,3212019Revenue 2020: $218,636Expenses 2020: $257,477Net Income 2020: -$38,8412020Revenue 2021: $181,231Expenses 2021: $260,632Net Income 2021: -$79,4012021Revenue 2022: $216,663Expenses 2022: $247,151Net Income 2022: -$30,4882022Revenue 2023: $217,128Expenses 2023: $327,511Net Income 2023: -$110,3832023Revenue 2024: $226,117Expenses 2024: $254,865Net Income 2024: -$28,7482024

Highlighted filing

2014

Revenue$231,263
Expenses$250,348
Net Income-$19,085
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 31, 2014
Return Version
2013v3.0
Gross Receipts
$231,263
Mission and Program Overview

Mission

The corporation is chartered for the purpose of providing care to the aged. It is governed by a board of trustees confirmed by the South Georgia Methodist Conference of the United Methodist Church. To fulfill its function, the coporation operates apartments to care for aged residents and also offers certain ancillary and meal services to enhance the resident's stay.

The Corporation provides supportive housing to the elderly in a 24-unit facility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,360,507$1,311,003▼ $49,504
Savings and Temporary Cash Investments$98,082$106,052▲ $7,970
Cash and Non-Interest-Bearing Accounts$43,994$86,875▲ $42,881
Accounts Receivable$1,631$2,229▲ $598
Prepaid Expenses and Deferred Charges$1,841$1,493▼ $348
Total Assets$1,506,055$1,507,652▲ $1,597
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,944,900$1,944,900→ $0
Other Liabilities$67,430$65,971▼ $1,459
Accounts Payable and Accrued Expenses$19,172$26,160▲ $6,988
Total Liabilities$2,031,502$2,037,031▲ $5,529
Net Assets / Fund Balance
Unrestricted Net Assets$-525,447$-529,379▼ $3,932
Total Net Assets Fund Balance$-525,447$-529,379▼ $3,932
Total Liabilities and Net Assets / Fund Balance$1,506,055$1,507,652▲ $1,597

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,301,496$626,784$1,928,280
Equipment$9,507$49,378$58,885
Compensation and Service Providers

Employees

NameTitleOtherTotal
Diane WadeSVP Marketing$116,130$116,130

Board Members and Trustees

NameTitle
Mark JohnsonChairman
Chuck ReevesVice Chairman
Ann HarrisTrustee
Cindy HigdonTrustee
Connie BlanchardTrustee
Edie VinsonTrustee
Hal WeathersTrustee
James R Buchanan JrTrustee
Jean WheelerTrustee
John StephensTrustee
Kip SmithTrustee
Robert BeckumTrustee
Shane GreenTrustee
Mark ToddCEO
Eloise R PaschalSecretary
Jerry VickSVP Finance
Hill FortSVP Operations
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$201,014
Investment Income
$99
Other Revenue
$30,150
Change in Net Assets
$-19,085

Audited Revenue Reconciliation

Revenue per Audited Statements
$230,254
Revenue Not Reported on Financial Statements
$1,009
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,009
Total Revenue per Audited Statements
$230,254
Total Revenue per Form 990
$231,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$177,456
Salaries, Compensation, and Employee Benefits$72,892
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,372--$55,372
Occupancy$52,125--$52,125
Depreciation Depletion$49,505--$49,505
Other Employee Benefits$12,331--$12,331
Insurance-$9,341-$9,341
Payroll Taxes$4,180--$4,180
Fees for Services Accounting-$2,604-$2,604
All Other Expenses$713$1,722-$2,435
Office Expenses-$2,137-$2,137
Other Expenses$1,455$12,360-$1,455
Pension Plan Contributions$1,009--$1,009
Information Technology-$649-$649
Advertising-$18-$18
Total Functional Expenses$221,517$28,831$0$250,348

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$250,348
Expenses per Audited Statements$249,339
Total Expenses per Audited Statements$249,339
Expenses Not Reported on Financial Statements$1,009
Other Expense Adjustments$1,009
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related party accounts payable$65,971
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Magnolia Manor, Inc., a related Section 501(c)(3) organization, provides certain management services to the Corporation.

Form 990, Part VI, Section B, line 11

The Form 990 was reviewed by the Organization's President and Senior Vice President of Finance prior to filing. The contents of the Form 990 were presented and explained to the members of the Executive Committee for their review and approval.

Form 990, Part VI, Section B, line 12C

Board members in general and the Finance Committee in particular are aware of potential conflicts of interest and consider these potential conflicts in making decisions.

Form 990, Part VI, Section B, line 15A

The CEO is paid entirely from a related Section 501(c)(3) organization. The Board of Trustees establishes the CEO's salary based on industry norms and compensation studies for similar type organizations.

Form 990, Part VI, Section C, line 18

The Organization makes its Form 990 available to the public upon request at the Organization's Corporate office in Americus, Georgia.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request at the Organization's Corporate office in Americus, Georgia.

Filing and Contact Details

Filer

EIN
31-1651955
Phone
2299249352

Signing Officer

Name
Mark Todd
Title
President
Phone
2299249352
Signed
2014-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Todd
Formed
1999
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
14

Preparer

Preparer
Rick Alibozek
Phone
4784648000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Forgiveness of related party liability 15,153.

FORM 990, PART XII, Line 2C

Review of audited financial statements - There were no changes in the process of reviewing the audited financial statements from the prior year.

Financial Statement Notes

Part X, Line 2:

The Corporation believes it has appropriate support for all tax positions taken, and, as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/MissionDesc0The corporation is chartered for the purpose of providing care to the aged. It is governed by a board of trustees confirmed by the South Georgia Methodist Conference of the United Methodist Church. To fulfill its function, the coporation operates apartments to care for aged residents and also offers certain ancillary and meal services to enhance the resident's stay.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01944900
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01944900
IRS990/NetAssetsOrFundBalancesBOYAmt0-525447
IRS990/NetAssetsOrFundBalancesEOYAmt0-529379
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt052125
IRS990/OccupancyGrp/TotalAmt052125
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02137
IRS990/OfficeExpensesGrp/TotalAmt02137
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt015153
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012331
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012331
IRS990/OtherExpensesGrp/Desc0Raw Food
IRS990/OtherExpensesGrp/Desc1Contracted Services
IRS990/OtherExpensesGrp/Desc2Management Fees
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012360
IRS990/OtherExpensesGrp/ProgramServicesAmt027543
IRS990/OtherExpensesGrp/ProgramServicesAmt117284
IRS990/OtherExpensesGrp/ProgramServicesAmt21455
IRS990/OtherExpensesGrp/TotalAmt027543
IRS990/OtherExpensesGrp/TotalAmt117284
IRS990/OtherExpensesGrp/TotalAmt212360
IRS990/OtherExpensesGrp/TotalAmt31455
IRS990/OtherLiabilitiesGrp/BOYAmt067430
IRS990/OtherLiabilitiesGrp/EOYAmt065971
IRS990/OtherRevenueMiscGrp/BusinessCd0623000
IRS990/OtherRevenueMiscGrp/BusinessCd1623000
IRS990/OtherRevenueMiscGrp/Desc0Food Sale Revenue
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt027543
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12607
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027543
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12607
IRS990/OtherRevenueTotalAmt030150
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt055372
IRS990/OtherSalariesAndWagesGrp/TotalAmt055372
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04180
IRS990/PayrollTaxesGrp/TotalAmt04180
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01009
IRS990/PensionPlanContributionsGrp/TotalAmt01009
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01841
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01493
IRS990/PrincipalOfficerNm0Mark Todd
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0Routine Room/Board
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0201014
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0201014
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0134
IRS990/PYOtherExpensesAmt0188026
IRS990/PYOtherRevenueAmt031588
IRS990/PYProgramServiceRevenueAmt0192865
IRS990/PYRevenuesLessExpensesAmt0-39112
IRS990/PYSalariesCompEmpBnftPaidAmt075673
IRS990/PYTotalExpensesAmt0263699
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0224587
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-19085
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0231164
IRS990/SavingsAndTempCashInvstGrp/BOYAmt098082
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0106052
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt099
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0399
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0689
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0231164
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0224453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0227355
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0222619
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0202604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01108195
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt099
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0399
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0689
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01407
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00220
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99780
IRS990ScheduleA/PublicSupportTotal509Amt01108195
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0231164
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0224453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0227355
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0222619
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0202604
IRS990ScheduleA/Total509Grp/TotalAmt01108195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0231263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0224587
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0227441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0223018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0203293
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01109602
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01301496
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0626784
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01928280
IRS990ScheduleD/EquipmentGrp/BookValueAmt09507
IRS990ScheduleD/EquipmentGrp/DepreciationAmt049378
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt058885
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01009
IRS990ScheduleD/ExpensesSubtotalAmt0249339
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt01009
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt065971
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Related party accounts payable
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01009
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01009
IRS990ScheduleD/RevenueSubtotalAmt0230254
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation believes it has appropriate support for all tax positions taken, and, as such, does not have any uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01311003
IRS990ScheduleD/TotalExpensesPerForm990Amt0250348

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.22$2.09$0.87$0.23$0.25$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.33$2.28$0.95$0.22$0.33$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.27$2.11$0.84$0.22$0.25$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.25$2.06$0.81$0.18$0.26$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.30$2.06$0.76$0.22$0.26$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.34$2.05$0.72$0.20$0.28$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.30$2.04$0.75$0.20$0.28$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.34$2.05$0.71$0.22$0.30$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.41$2.05$0.64$0.22$0.30$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.47$2.03$0.56$0.23$0.27$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.51$2.04$0.53$0.23$0.25$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$2.03$0.53$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$2.11$0.55$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$2.07$0.50$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$2.07$0.46$0.27