Civic Intelligence

Magnolia Speech School for the Deaf

990 • Fiscal year 2017 • EIN 64-0435317

Sep 01, 2016 to Aug 31, 2017 • Filed on Jun 08, 2018

Organization Profilewww.magnoliaspeechschool.org

View Organization Page

733 Flag Chapel RoadJackson, MS 39209

(601) 922-5530

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

56th percentile

$74,872

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

82nd percentile

22%

Faster asset growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

74th percentile

21%

Faster revenue growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$2,847,324

Up $522,523 (+22%) from 2016

Net Assets

Up

$2,777,338

Up $638,476 (+30%) from 2016

Liabilities

Down

$69,986

Down $115,953 (-62%) from 2016

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin81st percentile

Revenue

Up

$2,671,714

Up $469,994 (+21%) from 2016

Expenses

Up

$2,035,081

Up $98,816 (+5.1%) from 2016

Net Income

Up

$636,633

Up $371,178 (+140%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$30M$20M$10M$0Assets 2010: $1,319,954Liabilities 2010: $98,647Net Assets 2010: $1,221,3072010Assets 2011: $1,207,158Liabilities 2011: $120,139Net Assets 2011: $1,087,0192011Assets 2012: $1,236,268Liabilities 2012: $184,217Net Assets 2012: $1,052,0512012Assets 2013: $1,273,585Liabilities 2013: $213,963Net Assets 2013: $1,059,6222013Assets 2014: $1,264,430Liabilities 2014: $284,645Net Assets 2014: $979,7852014Assets 2015: $2,151,379Liabilities 2015: $277,972Net Assets 2015: $1,873,4072015Assets 2016: $2,324,801Liabilities 2016: $185,939Net Assets 2016: $2,138,8622016Assets 2017: $2,847,324Liabilities 2017: $69,986Net Assets 2017: $2,777,3382017Assets 2018: $2,657,096Liabilities 2018: $115,199Net Assets 2018: $2,541,8972018Assets 2019: $3,326,935Liabilities 2019: $478,512Net Assets 2019: $2,848,4232019Assets 2020: $7,174,328Liabilities 2020: $316,447Net Assets 2020: $6,857,8812020Assets 2021: $10,948,586Liabilities 2021: $332,174Net Assets 2021: $10,616,4122021Assets 2022: $20,507,656Liabilities 2022: $5,706,726Net Assets 2022: $14,800,9302022Assets 2023: $18,706,974Liabilities 2023: $2,959,023Net Assets 2023: $15,747,9512023Assets 2024: $15,843,431Liabilities 2024: $135,887Net Assets 2024: $15,707,5442024Assets 2025: $16,876,732Liabilities 2025: $54,613Net Assets 2025: $16,822,1192025

Highlighted filing

2017

Assets$2,847,324
Liabilities$69,986
Net Assets$2,777,338
Open 2017 Filing

Operations Trend

Revenue Growth74th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,431,4982010Expenses 2011: $2,519,6502011Expenses 2012: $2,604,7922012Expenses 2013: $2,718,3812013Revenue 2014: $2,536,083Expenses 2014: $2,615,920Net Income 2014: -$79,8372014Revenue 2015: $3,118,861Expenses 2015: $2,224,769Net Income 2015: $894,0922015Revenue 2016: $2,201,720Expenses 2016: $1,936,265Net Income 2016: $265,4552016Revenue 2017: $2,671,714Expenses 2017: $2,035,081Net Income 2017: $636,6332017Revenue 2018: $1,253,648Expenses 2018: $1,491,648Net Income 2018: -$238,0002018Revenue 2019: $2,159,620Expenses 2019: $1,856,636Net Income 2019: $302,9842019Revenue 2020: $6,133,329Expenses 2020: $2,111,062Net Income 2020: $4,022,2672020Revenue 2021: $5,736,685Expenses 2021: $2,093,221Net Income 2021: $3,643,4642021Revenue 2022: $6,541,352Expenses 2022: $2,184,384Net Income 2022: $4,356,9682022Revenue 2023: $3,866,736Expenses 2023: $2,939,151Net Income 2023: $927,5852023Revenue 2024: $2,829,670Expenses 2024: $2,926,395Net Income 2024: -$96,7252024Revenue 2025: $4,014,597Expenses 2025: $2,944,073Net Income 2025: $1,070,5242025

Highlighted filing

2017

Revenue$2,671,714
Expenses$2,035,081
Net Income$636,633
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jun 8, 2018
Return Version
2016v3.0
Gross Receipts
$2,746,772
Mission and Program Overview

Mission

Magnolia speech school exists to enable children with communication disorders to develop their full potential through spoken language and literacy.

To enable children with communication disorders to develop their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,083,236$1,022,506▼ $60,730
Savings and Temporary Cash Investments$634,531$725,224▲ $90,693
Investments in Publicly Traded Securities-$652,749-
Cash and Non-Interest-Bearing Accounts$290,700$406,526▲ $115,826
Pledges and Grants Receivable$271,271$0▼ $271,271
Accounts Receivable$35,005$28,511▼ $6,494
Prepaid Expenses and Deferred Charges$10,058$11,808▲ $1,750
Total Assets$2,324,801$2,847,324▲ $522,523
Liabilities
Accounts Payable and Accrued Expenses$154,470$48,555▼ $105,915
Deferred Revenue$31,469$21,431▼ $10,038
Total Liabilities$185,939$69,986▼ $115,953
Net Assets / Fund Balance
Unrestricted Net Assets$2,138,862$2,777,338▲ $638,476
Total Net Assets Fund Balance$2,138,862$2,777,338▲ $638,476
Total Liabilities and Net Assets / Fund Balance$2,324,801$2,847,324▲ $522,523

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$710,125$802,751$1,512,876
Equipment$73,581$550,165$623,746
Land$170,000-$170,000
Leasehold Improvements$62,900$12,738$75,638
Other Land Buildings$5,900$50,338$56,238
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Valerie LinnExecutive DirectorFT$68,875$5,997$74,872

Board Members and Trustees

NameTitle
Donna Kaye ByrdChair
Kurt ForsterFinance Chair
Mitch StringerImmediate Past President
Anita GowinVice Chair
Brooks BuchananDirector
Charles JacksonDirector
Donna MatthewsDirector
Dr Lamar WeemsDirector
Jane HedermanDirector
Jean WilliamsDirector
Jimmy BurkesDirector
Jimmy RobertsonDirector
Kim BurkeDirector
La'Verne EdneyDirector
Marsha BarbourDirector
Noel DanielsDirector
Stephanie HendersonDirector
Ted DearmanDirector
Thomas WoodsDirector
Walter WeemsDirector
Marcy ScrogginsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,906,814
Program Service Revenue
$656,065
Investment Income
$3,006
Other Revenue
$105,829
All Other Contributions
$1,573,295
Change in Net Assets
$636,633

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,671,714
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$76,901
Total Revenue per Audited Statements
$2,748,615
Total Revenue per Form 990
$2,671,714
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,515,431
Other Expenses$374,867
Grants and Similar Amounts Paid$144,783
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,198,197--$1,198,197
Other Employee Benefits$148,065--$148,065
Grants to Domestic Orgs$144,783--$144,783
Payroll Taxes$94,293--$94,293
Depreciation Depletion$81,692--$81,692
Current Officers, Directors, Trustees, and Key Employees$68,875--$68,875
Travel$41,125--$41,125
Fees for Services Accounting-$37,531-$37,531
Occupancy$30,466--$30,466
Insurance-$27,589-$27,589
Office Expenses$14,266$10,228-$24,494
Fees for Services Lobbying-$22,750-$22,750
Information Technology$17,366--$17,366
Conferences and Meetings$6,684--$6,684
Pension Plan Contributions$6,001--$6,001
Fees for Services Other$1,334--$1,334
Other Expenses$230--$230
Interest$119--$119
Total Functional Expenses$1,936,983$98,098$0$2,035,081

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,110,139
Expenses per Audited Statements$2,035,081
Total Expenses per Form 990$2,035,081
Expenses Not Reported on Form 990$75,058
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Foundation of Greater JacksonJackson, MS501(c)(3)To further support children with communication disorders in the Jackson MS Metropolitan area.$144,783
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$75,058
Fundraising Gross Income$75,058
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Draw Down$70,899$31,558$31,558$0
Clay Shoot$64,746$26,251$26,251$0
Total Events$168,416$75,058$75,058$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, line 11B

“A draft of the Form 990 is sent to the Executive Director and Board members. The Form 990 is reviewed and any questions that arise from the Executive Director or Board members are answered/cleared prior to the filing of the return.”

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

“Annually each Board member reads the conflict of interest policy and signs the disclosure. If a conflict arises during the year, the Board shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict. The Executive Director consistently monitors and enforces compliance with the conflict of interest policy during the year to ensure that any conflict is resolved properly.”

Form 990, Part VI, Section B, line 15

“The board of directors approves the salary for all officers and directors based on a scale that the MS State of Education and surrounding school districts use.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Magnolia Speech School
EIN
64-0435317
Phone
6019225530
Address
733 Flag Chapel Road, Jackson, MS 39209

Signing Officer

Name
Valerie Linn
Title
Executive Director
Phone
6019225530
Signed
2018-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie Linn
Formed
1956
Legal Domicile
Ms
Voting Board Members
21
Independent Board Members
21
Employees
42
Volunteers
220

Preparer

Firm
Matthews Cutrer & Lindsay PA
Address
599 C Steed Road, Ridgeland, MS 39157
Preparer
Kenneth Guthrie CPA
Phone
6018988875
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“The auditor provides the Board of Directors with a full presentation at the completion of the audit for the year answering any of the Board members' questions. The auditor is available to the Board of Directors during the year should any concerns arise.”

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

“Fundraising Events 75,058.”

Part XII, Line 2D - Other Adjustments:

“Fundraising Events 75,058.”

Raw XML AppendixShowing 400 of 608 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0154470
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt048555
IRS990/AccountsReceivableGrp/BOYAmt035005
IRS990/AccountsReceivableGrp/EOYAmt028511
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To enable children with communication disorders to develop their full potential.
IRS990/AllOtherContributionsAmt01573295
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Valerie Linn
IRS990/BooksInCareOfDetail/PhoneNum06019225530
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0733 Flag Chapel Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Jackson
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039209
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0290700
IRS990/CashNonInterestBearingGrp/EOYAmt0406526
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt068875
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt068875
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06684
IRS990/ConferencesMeetingsGrp/TotalAmt06684
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt093358
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01906814
IRS990/CYGrantsAndSimilarPaidAmt0144783
IRS990/CYInvestmentIncomeAmt03006
IRS990/CYOtherExpensesAmt0374867
IRS990/CYOtherRevenueAmt0105829
IRS990/CYProgramServiceRevenueAmt0656065
IRS990/CYRevenuesLessExpensesAmt0636633
IRS990/CYSalariesCompEmpBnftPaidAmt01515431
IRS990/CYTotalExpensesAmt02035081
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02671714
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt031469
IRS990/DeferredRevenueGrp/EOYAmt021431
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt081692
IRS990/DepreciationDepletionGrp/TotalAmt081692
IRS990/Desc0Magnolia Speech School exists to enable children with communicative disorders to reach their full potential through spoken language and literacy. This year Magnolia Speech School graduated and transitioned 24 children into larger classrooms in local public school districts and into other specialized educational settings. Through the help of donations the school secured a hearing aid loaner program for students, re-configured library space, and erected a cover for the playground. The school purchased 12 sound-field systems. This improved technology allows students to have a very clear reception of their teacher's voice. The school sent 3 staff members to a college level course and sponsored specific professional development courses for certified teachers. The school purchased 4 new, fire-proof, locking filing cabinets to better store and protect paper documents. All of these improvements and developments allow the school to continue to offer the best environment for instruction for all students.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01936983
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt037531
IRS990/FeesForServicesAccountingGrp/TotalAmt037531
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt022750
IRS990/FeesForServicesLobbyingGrp/TotalAmt022750
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01334
IRS990/FeesForServicesOtherGrp/TotalAmt01334
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt215997
IRS990/Form990PartVIISectionAGrp/PersonNm0Donna Kaye Byrd
IRS990/Form990PartVIISectionAGrp/PersonNm1Charles Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm2Noel Daniels
IRS990/Form990PartVIISectionAGrp/PersonNm3Thomas Woods
IRS990/Form990PartVIISectionAGrp/PersonNm4Marsha Barbour
IRS990/Form990PartVIISectionAGrp/PersonNm5La'Verne Edney
IRS990/Form990PartVIISectionAGrp/PersonNm6Walter Weems
IRS990/Form990PartVIISectionAGrp/PersonNm7Kim Burke
IRS990/Form990PartVIISectionAGrp/PersonNm8Jimmy Robertson
IRS990/Form990PartVIISectionAGrp/PersonNm9Jimmy Burkes
IRS990/Form990PartVIISectionAGrp/PersonNm10Jean Williams
IRS990/Form990PartVIISectionAGrp/PersonNm11Jane Hederman
IRS990/Form990PartVIISectionAGrp/PersonNm12Dr Lamar Weems
IRS990/Form990PartVIISectionAGrp/PersonNm13Donna Matthews
IRS990/Form990PartVIISectionAGrp/PersonNm14Brooks Buchanan
IRS990/Form990PartVIISectionAGrp/PersonNm15Stephanie Henderson
IRS990/Form990PartVIISectionAGrp/PersonNm16Ted Dearman
IRS990/Form990PartVIISectionAGrp/PersonNm17Kurt Forster
IRS990/Form990PartVIISectionAGrp/PersonNm18Mitch Stringer
IRS990/Form990PartVIISectionAGrp/PersonNm19Marcy Scroggins
IRS990/Form990PartVIISectionAGrp/PersonNm20Anita Gowin
IRS990/Form990PartVIISectionAGrp/PersonNm21Valerie Linn
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2168875
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Finance Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt18Immediate Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt19Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt20Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt21Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt093358
IRS990/FundraisingDirectExpensesAmt075058
IRS990/FundraisingGrossIncomeAmt075058
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GovernmentGrantsAmt0240161
IRS990/GrantAmt0144783
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0144783
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0144783
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02746772
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt017366
IRS990/InformationTechnologyGrp/TotalAmt017366
IRS990/InsuranceGrp/ManagementAndGeneralAmt027589
IRS990/InsuranceGrp/TotalAmt027589
IRS990/InterestGrp/ProgramServicesAmt0119
IRS990/InterestGrp/TotalAmt0119
IRS990/InvestmentIncomeGrp/ExclusionAmt03006
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03006
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0652749
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01415992
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01083236
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01022506
IRS990/LandBldgEquipCostOrOtherBssAmt02438498
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Magnolia Speech School exists to enable children with communication disorders to develop their full potential through spoken language and literacy.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02138862
IRS990/NetAssetsOrFundBalancesEOYAmt02777338
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt01843
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt030466
IRS990/OccupancyGrp/TotalAmt030466
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010228
IRS990/OfficeExpensesGrp/ProgramServicesAmt014266
IRS990/OfficeExpensesGrp/TotalAmt024494
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0148065
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0148065
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Dues & Subscriptions
IRS990/OtherExpensesGrp/Desc3Awards
IRS990/OtherExpensesGrp/ProgramServicesAmt053707
IRS990/OtherExpensesGrp/ProgramServicesAmt124625
IRS990/OtherExpensesGrp/ProgramServicesAmt25155
IRS990/OtherExpensesGrp/ProgramServicesAmt3230
IRS990/OtherExpensesGrp/TotalAmt053707
IRS990/OtherExpensesGrp/TotalAmt124625
IRS990/OtherExpensesGrp/TotalAmt25155
IRS990/OtherExpensesGrp/TotalAmt3230
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0DEEP WATER HORIZON SET
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc2Vending
IRS990/OtherRevenueMiscGrp/ExclusionAmt0105314
IRS990/OtherRevenueMiscGrp/ExclusionAmt1344
IRS990/OtherRevenueMiscGrp/ExclusionAmt2171
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0105314
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1344
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2171
IRS990/OtherRevenueTotalAmt0105829
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01198197
IRS990/OtherSalariesAndWagesGrp/TotalAmt01198197
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt094293
IRS990/PayrollTaxesGrp/TotalAmt094293
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06001
IRS990/PensionPlanContributionsGrp/TotalAmt06001
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0271271
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010058
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011808
IRS990/PrincipalOfficerNm0Valerie Linn
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Tuitions Fees
IRS990/ProgramServiceRevenueGrp/Desc1Program Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0634040
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0634040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122025
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01434143
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03361
IRS990/PYOtherExpensesAmt0428138
IRS990/PYOtherRevenueAmt014937
IRS990/PYProgramServiceRevenueAmt0749279
IRS990/PYRevenuesLessExpensesAmt0265455
IRS990/PYSalariesCompEmpBnftPaidAmt01508127
IRS990/PYTotalExpensesAmt01936265
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02201720
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0636633
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0656065
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0634531
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0725224
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01981872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01502029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02072803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01716782
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01805289
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09078775
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03006
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03361
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0340
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0134
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06896

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,847,324
Liabilities
$69,986
Net assets
$2,777,338
Revenue
$2,671,714
Expenses
$2,035,081
Net income
$636,633
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$0.05$16.8$4.01$2.94$1.07
2024Detailed filing. Detailed filing data is available for this year.$15.8$0.14$15.7$2.83$2.93$0.10
2023Detailed filing. Detailed filing data is available for this year.$18.7$2.96$15.7$3.87$2.94$0.93
2022Detailed filing. Detailed filing data is available for this year.$20.5$5.71$14.8$6.54$2.18$4.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$0.33$10.6$5.74$2.09$3.64
2020Detailed filing. Detailed filing data is available for this year.$7.17$0.32$6.86$6.13$2.11$4.02
2019Detailed filing. Detailed filing data is available for this year.$3.33$0.48$2.85$2.16$1.86$0.30
2018Summary only. Only limited summary data is available for this year.$2.66$0.12$2.54$1.25$1.49$0.24
2017Detailed filing. Detailed filing data is available for this year.$2.85$0.07$2.78$2.67$2.04$0.64
2016Detailed filing. Detailed filing data is available for this year.$2.32$0.19$2.14$2.20$1.94$0.27
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.28$1.87$3.12$2.22$0.89
2014Detailed filing. Detailed filing data is available for this year.$1.26$0.28$0.98$2.54$2.62$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.21$1.06$2.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.18$1.05$2.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.12$1.09$2.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.10$1.22$2.43