Civic Intelligence

Magnolia Cemetery Trust

EIN 57-0202745 • 501(c)13 • Charleston, SC

Pub. 78 Eligible

Profile

CEMETERY

P O Box 22873Charleston, SC 29413-2873

n/A

Siviq Scores

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

Liabilities / Assets

77th percentile

0.07x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)13 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.01x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)13 • $5M-$10M nonprofits • Source year 2024

Net Margin

11th percentile

-15%

Higher net margin than 11% of similar nonprofits.

501(c)13 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

25%

Faster asset growth than 99% of similar nonprofits.

501(c)13 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

18%

Faster revenue growth than 63% of similar nonprofits.

501(c)13 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$7,111,962

Up $1,444,163 (+25%) from 2023

Liabilities

Down

$504,481

Down $4,847 (-1.0%) from 2023

Net Assets

Up

$6,607,481

Up $1,449,010 (+28%) from 2023

Revenue

Up

$498,873

Up $76,167 (+18%) from 2023

Expenses

Up

$571,480

Up $37,590 (+7.0%) from 2023

Net Income

Up

-$72,607

Up $38,577 (+35%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,063,448Liabilities 2010: $16,075Net Assets 2010: $4,047,3732010Assets 2011: $3,907,737Liabilities 2011: $38,893Net Assets 2011: $3,868,8442011Assets 2012: $4,288,182Liabilities 2012: $36,806Net Assets 2012: $4,251,3762012Assets 2013: $3,985,659Liabilities 2013: $36,043Net Assets 2013: $3,949,6162013Assets 2014: $4,268,420Liabilities 2014: $13,003Net Assets 2014: $4,255,4172014Assets 2015: $4,179,859Liabilities 2015: $25,213Net Assets 2015: $4,154,6462015Assets 2016: $4,220,394Liabilities 2016: $51,380Net Assets 2016: $4,169,0142016Assets 2017: $4,311,107Liabilities 2017: $28,210Net Assets 2017: $4,282,8972017Assets 2018: $4,441,039Liabilities 2018: $21,147Net Assets 2018: $4,419,8922018Assets 2019: $4,534,161Liabilities 2019: $112,530Net Assets 2019: $4,421,6312019Assets 2020: $4,577,889Liabilities 2020: $63,204Net Assets 2020: $4,514,6852020Assets 2021: $5,170,240Liabilities 2021: $527,604Net Assets 2021: $4,642,6362021Assets 2022: $5,727,972Liabilities 2022: $526,694Net Assets 2022: $5,201,2782022Assets 2023: $5,667,799Liabilities 2023: $509,328Net Assets 2023: $5,158,4712023Assets 2024: $7,111,962Liabilities 2024: $504,481Net Assets 2024: $6,607,4812024

Highlighted filing

2024

Assets$7,111,962
Liabilities$504,481
Net Assets$6,607,481

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $379,9532010Expenses 2011: $380,5862011Expenses 2012: $396,8182012Revenue 2013: $440,514Expenses 2013: $402,966Net Income 2013: $37,5482013Revenue 2014: $642,774Expenses 2014: $419,416Net Income 2014: $223,3582014Revenue 2015: $339,625Expenses 2015: $454,348Net Income 2015: -$114,7232015Revenue 2016: $480,470Expenses 2016: $447,939Net Income 2016: $32,5312016Revenue 2017: $535,633Expenses 2017: $450,819Net Income 2017: $84,8142017Revenue 2018: $524,700Expenses 2018: $469,986Net Income 2018: $54,7142018Revenue 2019: $415,349Expenses 2019: $449,486Net Income 2019: -$34,1372019Revenue 2020: $475,329Expenses 2020: $422,644Net Income 2020: $52,6852020Revenue 2021: $461,047Expenses 2021: $517,815Net Income 2021: -$56,7682021Revenue 2022: $357,482Expenses 2022: $544,156Net Income 2022: -$186,6742022Revenue 2023: $422,706Expenses 2023: $533,890Net Income 2023: -$111,1842023Revenue 2024: $498,873Expenses 2024: $571,480Net Income 2024: -$72,6072024

Highlighted filing

2024

Revenue$498,873
Expenses$571,480
Net Income-$72,607

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.11$0.50$6.61$0.50$0.57$0.07
2023Detailed filing. Detailed filing data is available for this year.$5.67$0.51$5.16$0.42$0.53$0.11
2022Detailed filing. Detailed filing data is available for this year.$5.73$0.53$5.20$0.36$0.54$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.17$0.53$4.64$0.46$0.52$0.06
2020Detailed filing. Detailed filing data is available for this year.$4.58$0.06$4.51$0.48$0.42$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.53$0.11$4.42$0.42$0.45$0.03
2018Detailed filing. Detailed filing data is available for this year.$4.44$0.02$4.42$0.52$0.47$0.05
2017Detailed filing. Detailed filing data is available for this year.$4.31$0.03$4.28$0.54$0.45$0.08
2016Detailed filing. Detailed filing data is available for this year.$4.22$0.05$4.17$0.48$0.45$0.03
2015Detailed filing. Detailed filing data is available for this year.$4.18$0.03$4.15$0.34$0.45$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.27$0.01$4.26$0.64$0.42$0.22
2013Detailed filing. Detailed filing data is available for this year.$3.99$0.04$3.95$0.44$0.40$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.04$4.25$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$0.04$3.87$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.06$0.02$4.05$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.0
Gross Receipts
$498,873
Mission and Program Overview

Mission

CEMETERY

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,192,728$5,623,916▲ $1,431,188
Land, Buildings, and Equipment, Net$716,199$1,181,702▲ $465,503
Cash and Non-Interest-Bearing Accounts$101,578$146,274▲ $44,696
Inventories for Sale or Use$134,002$130,707▼ $3,295
Accounts Receivable$33,275$21,014▼ $12,261
Prepaid Expenses and Deferred Charges$8,349$8,349→ $0
Total Assets$5,667,799$7,111,962▲ $1,444,163
Other Assets Total$481,668--
Liabilities
Unsecured Notes Loans Payable$480,072$471,072▼ $9,000
Other Liabilities$28,506$32,191▲ $3,685
Accounts Payable and Accrued Expenses$750$1,218▲ $468
Total Liabilities$509,328$504,481▼ $4,847
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,158,471$6,607,481▲ $1,449,010
Total Net Assets Fund Balance$5,158,471$6,607,481▲ $1,449,010
Total Liabilities and Net Assets / Fund Balance$5,667,799$7,111,962▲ $1,444,163

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$910,500$156,426$1,066,926
Buildings$218,647$395,870$614,517
Leasehold Improvements$49,927$165,533$215,460
Equipment$2,628$91,471$94,099
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$112,103
Program Service Revenue
$236,466
Investment Income
$150,304
Other Revenue
$0
All Other Contributions
$112,103
Change in Net Assets
$-72,607
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$357,469
Salaries, Compensation, and Employee Benefits$214,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,163$59,857-$171,020
Depreciation Depletion$89,101--$89,101
All Other Expenses$25,808$12,127-$37,935
Insurance$21,149$11,388-$32,537
Fees for Service Investment Mgmnt Fees$17,878$9,627-$27,505
Other Employee Benefits$16,973$9,139-$26,112
Payroll Taxes$9,407$5,066-$14,473
Fees for Services Accounting$5,460$2,940-$8,400
Other Expenses$4,385$2,361-$6,746
Office Expenses$2,052$1,105-$3,157
Pension Plan Contributions$1,564$842-$2,406
Fees for Services Legal$1,354$729-$2,083
Interest$679$366-$1,045
Total Functional Expenses$403,797$167,683$0$571,480
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due Funds$22,702
Payroll$9,489
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Magnolia Cemetery Trust
EIN
57-0202745
Phone
8437228638
Address
P O BOX 22873, CHARLESTON, SC 29413-2873

Signing Officer

Name
Nancy Webster
Title
Director
Phone
8435691400
Signed
2025-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Webster
Formed
1954
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
5

Preparer

Firm
Jnr Advisory LLC
Address
975 MORRISON DR, CHARLESTON, SC 29403
Preparer
William H Jarrard CPA
Phone
8437232768
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Other nonprofit cemetery companies and crematoria must be chartered solely for the purposes of burial or cremation. They cannot be permitted by their charters to engage in any business not necessarily incident to that purpose. 4.76.21.3.1 (08-09-2006)

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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/OtherLiabilitiesGrp/EOYAmt032191
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059857
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0111163
IRS990/OtherSalariesAndWagesGrp/TotalAmt0171020
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05066
IRS990/PayrollTaxesGrp/ProgramServicesAmt09407
IRS990/PayrollTaxesGrp/TotalAmt014473
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0842
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01564
IRS990/PensionPlanContributionsGrp/TotalAmt02406
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08349
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08349
IRS990/PrincipalOfficerNm0NANCY WEBSTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOT SALES
IRS990/ProgramServiceRevenueGrp/Desc1BURIAL FEES
IRS990/ProgramServiceRevenueGrp/Desc2CRYPT SALES
IRS990/ProgramServiceRevenueGrp/Desc3STONE & LOT CLEANING
IRS990/ProgramServiceRevenueGrp/Desc4TITLE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0116200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1101700
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210950
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34685
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0116200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1101700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34685
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41875
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER NONPROFIT CEMETERY COMPANIES AND CREMATORIA MUST BE CHARTERED SOLELY FOR THE PURPOSES OF BURIAL OR CREMATION. THEY CANNOT BE PERMITTED BY THEIR CHARTERS TO ENGAGE IN ANY BUSINESS NOT NECESSARILY INCIDENT TO THAT PURPOSE. 4.76.21.3.1 (08-09-2006)
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt077684
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0157286
IRS990/PYInvestmentIncomeAmt0135729
IRS990/PYOtherExpensesAmt0300304
IRS990/PYProgramServiceRevenueAmt0129691
IRS990/PYRevenuesLessExpensesAmt0-111184
IRS990/PYSalariesCompEmpBnftPaidAmt0233586
IRS990/PYTotalExpensesAmt0533890
IRS990/PYTotalRevenueAmt0422706
IRS990/ReconcilationRevenueExpnssAmt0-72607
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04192728
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05623916
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0218647
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0395870
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0614517
IRS990ScheduleD/EquipmentGrp/BookValueAmt02628
IRS990ScheduleD/EquipmentGrp/DepreciationAmt091471
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094099
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt049927
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0165533
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0215460
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0910500
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0156426
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01066926
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19489
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01181702
IRS990ScheduleD/TotalLiabilityAmt032191
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER NONPROFIT CEMETERY COMPANIES AND CREMATORIA MUST BE CHARTERED SOLELY FOR THE PURPOSES OF BURIAL OR CREMATION. THEY CANNOT BE PERMITTED BY THEIR CHARTERS TO ENGAGE IN ANY BUSINESS NOT NECESSARILY INCIDENT TO THAT PURPOSE. 4.76.21.3.1 (08-09-2006)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05667799
IRS990/TotalAssetsEOYAmt07111962
IRS990/TotalAssetsGrp/BOYAmt05667799
IRS990/TotalAssetsGrp/EOYAmt07111962
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0112103
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0167683
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0403797
IRS990/TotalFunctionalExpensesGrp/TotalAmt0571480
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0509328
IRS990/TotalLiabilitiesEOYAmt0504481
IRS990/TotalLiabilitiesGrp/BOYAmt0509328
IRS990/TotalLiabilitiesGrp/EOYAmt0504481
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05158471
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06607481
IRS990/TotalOtherProgSrvcExpenseAmt077684
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01056
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01056
IRS990/TotalProgramServiceExpensesAmt0403797
IRS990/TotalProgramServiceRevenueAmt0236466
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0386770
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0498873
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05667799
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07111962
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0480072
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0471072
IRS990/USAddress/AddressLine1Txt0PO BOX 22873
IRS990/USAddress/CityNm0CHARLESTON
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029401
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY WEBSTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08435691400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGNOLIA CEMETERY TRUST
ReturnHeader/Filer/BusinessNameControlTxt0MAGN
ReturnHeader/Filer/EIN0570202745
ReturnHeader/Filer/PhoneNum08437228638
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 22873
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd0294132873
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331889216
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JNR ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0975 MORRISON DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029403
ReturnHeader/PreparerPersonGrp/PhoneNum08437232768
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM H JARRARD CPA
ReturnHeader/ReturnTs02025-10-27T14:28:10-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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