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.”
990 • Fiscal year 2014 • EIN 31-1651955
Scores are not available for this record yet.
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
$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.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,301,496 | $626,784 | $1,928,280 |
| Equipment | $9,507 | $49,378 | $58,885 |
| Name | Title | Other | Total |
|---|---|---|---|
| Diane Wade | SVP Marketing | $116,130 | $116,130 |
| Name | Title |
|---|---|
| Mark Johnson | Chairman |
| Chuck Reeves | Vice Chairman |
| Ann Harris | Trustee |
| Cindy Higdon | Trustee |
| Connie Blanchard | Trustee |
| Edie Vinson | Trustee |
| Hal Weathers | Trustee |
| James R Buchanan Jr | Trustee |
| Jean Wheeler | Trustee |
| John Stephens | Trustee |
| Kip Smith | Trustee |
| Robert Beckum | Trustee |
| Shane Green | Trustee |
| Mark Todd | CEO |
| Eloise R Paschal | Secretary |
| Jerry Vick | SVP Finance |
| Hill Fort | SVP Operations |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Related party accounts payable | $65,971 |
“Magnolia Manor, Inc., a related Section 501(c)(3) organization, provides certain management services to the Corporation.”
“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.”
“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.”
“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.”
“The Organization makes its Form 990 available to the public upon request at the Organization's Corporate office in Americus, Georgia.”
“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.”
“Forgiveness of related party liability 15,153.”
“Review of audited financial statements - There were no changes in the process of reviewing the audited financial statements from the prior year.”
“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.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ActivityOrMissionDesc | 0 | The Corporation provides supportive housing to the elderly in a 24-unit facility. |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2299249352 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 2001 South Lee Street |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Americus |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | GA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 31709 |
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| IRS990/Desc | 0 | The Corporation provides supportive housing to the elderly in a 24-unit facility. |
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| IRS990/FormationYr | 0 | 1999 |
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| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1987165 |
| IRS990/LegalDomicileStateCd | 0 | GA |
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| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | 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. |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 52125 |
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| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2137 |
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| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 15153 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 12331 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 12331 |
| IRS990/OtherExpensesGrp/Desc | 0 | Raw Food |
| IRS990/OtherExpensesGrp/Desc | 1 | Contracted Services |
| IRS990/OtherExpensesGrp/Desc | 2 | Management Fees |
| IRS990/OtherExpensesGrp/Desc | 3 | Supplies |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 12360 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 27543 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 17284 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1455 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 27543 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 17284 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 12360 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1455 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 67430 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 65971 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 623000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 623000 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Food Sale Revenue |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Miscellaneous |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 27543 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 2607 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 27543 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 2607 |
| IRS990/OtherRevenueTotalAmt | 0 | 30150 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 55372 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 55372 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 4180 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 4180 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 1009 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 1009 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1841 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1493 |
| IRS990/PrincipalOfficerNm | 0 | Mark Todd |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 623000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Routine Room/Board |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 201014 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 201014 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 134 |
| IRS990/PYOtherExpensesAmt | 0 | 188026 |
| IRS990/PYOtherRevenueAmt | 0 | 31588 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 192865 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -39112 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 75673 |
| IRS990/PYTotalExpensesAmt | 0 | 263699 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 224587 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -19085 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 231164 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 98082 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 106052 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 99 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 134 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 86 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 399 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 689 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 1407 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 231164 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 224453 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 227355 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 222619 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 202604 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1108195 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 99 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 134 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 86 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 399 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 689 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 1407 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00130 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00220 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99870 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99780 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1108195 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 231164 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 224453 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 227355 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 222619 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 202604 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1108195 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 231263 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 224587 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 227441 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 223018 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 203293 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1109602 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1301496 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 626784 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1928280 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 9507 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 49378 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 58885 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 1009 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 249339 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesNotIncludedAmt | 0 | 1009 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 65971 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Related party accounts payable |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 1009 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 1009 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 230254 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1311003 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 250348 |
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Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.