Civic Intelligence

Magnolia Speech School for the Deaf

990 • Fiscal year 2020 • EIN 64-0435317

Jul 01, 2019 to Jun 30, 2020 • Filed on May 04, 2021

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

30th percentile

0.04x

Higher debt load relative to assets than 30% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

21st percentile

0.05x

Higher debt load relative to revenue than 21% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

94th percentile

66%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

95th percentile

116%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

184%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,174,328

Up $3,847,393 (+116%) from 2019

Net Assets

Up

$6,857,881

Up $4,009,458 (+141%) from 2019

Liabilities

Down

$316,447

Down $162,065 (-34%) from 2019

Revenue

Up

$6,133,329

Up $3,973,709 (+184%) from 2019

Expenses

Up

$2,111,062

Up $254,426 (+14%) from 2019

Net Income

Up

$4,022,267

Up $3,719,283 (+1228%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$7,174,328
Liabilities$316,447
Net Assets$6,857,881

Operations Trend

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

2020

Revenue$6,133,329
Expenses$2,111,062
Net Income$4,022,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 4, 2021
Return Version
2019v5.2
Gross Receipts
$6,152,635
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 through spoken language and literacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$901,452$1,883,928▲ $982,476
Accounts Receivable$5,496$1,872,930▲ $1,867,434
Land, Buildings, and Equipment, Net$1,496,165$1,578,188▲ $82,023
Cash and Non-Interest-Bearing Accounts$239,778$1,111,390▲ $871,612
Investments in Publicly Traded Securities$671,855$699,806▲ $27,951
Prepaid Expenses and Deferred Charges$12,189$28,086▲ $15,897
Total Assets$3,326,935$7,174,328▲ $3,847,393
Liabilities
Mortgage Notes Payable Secured by Investment Property$400,000$0▼ $400,000
Unsecured Notes Loans Payable-$259,600-
Accounts Payable and Accrued Expenses$65,696$43,108▼ $22,588
Deferred Revenue$12,816$13,739▲ $923
Total Liabilities$478,512$316,447▼ $162,065
Net Assets / Fund Balance
Net Assets With Donor Restrictions$177,142$4,007,616▲ $3,830,474
Net Assets Without Donor Restrictions$2,671,281$2,850,265▲ $178,984
Total Net Assets Fund Balance$2,848,423$6,857,881▲ $4,009,458
Total Liabilities and Net Assets / Fund Balance$3,326,935$7,174,328▲ $3,847,393

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$585,180$959,760$1,544,940
Land$670,000-$670,000
Other Land Buildings$243,604-$243,604
Equipment$37,261$169,986$207,247
Leasehold Improvements$42,143$48,380$90,523
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas WoodsChair
Kim BurkeFinance Chair
Donna Kaye ByrdImmediate Past Chair
Jimmy RobertsonPersonnel Chair
Ted DearmanVice Chair
Anita GowinDirector
Brian CroninDirector
Dr Charles JacksonDirector
Dr Lamar WeemsDirector
Jean WilliamsDirector
Jim BurkesDirector
LA'VERNE EDNEYDirector
Marcy ScogginsDirector
Marsha BarbourDirector
Mitch StringerDirector
Scott JonesDirector
Walter WeemsDirector
Dr Stephanie HendersonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$5,452,598
Program Service Revenue
$626,865
Investment Income
$50,042
Other Revenue
$3,824
All Other Contributions
$4,425,635
Change in Net Assets
$4,022,267

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,125,017
Revenue Not Reported on Financial Statements
$8,312
Revenue Not Reported on Form 990
$14,808
Total Revenue per Audited Statements
$6,139,825
Total Revenue per Form 990
$6,133,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,463,088
Other Expenses$647,974
Total Fundraising Expense$221,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,082,392$95,284$10,748$1,188,424
Other Employee Benefits$104,066$13,158$2,392$119,616
Depreciation Depletion$83,876$3,495-$87,371
Payroll Taxes$71,962$9,099$1,652$82,713
Current Officers, Directors, Trustees, and Key Employees$14,467$43,401$14,467$72,335
All Other Expenses$31,025$28,361$7,953$67,339
Travel$42,825-$1,784$44,609
Other Expenses$34,434$1,435$72,768$35,869
Fees for Services Accounting-$30,100-$30,100
Insurance$26,911$1,121-$28,032
Information Technology$24,396$1,016-$25,412
Fees for Services Lobbying-$21,000-$21,000
Office Expenses$9,215$8,241-$17,456
Interest-$11,187-$11,187
Conferences and Meetings$1,173--$1,173
Total Functional Expenses$1,618,574$270,724$221,764$2,111,062

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,130,367
Expenses per Audited Statements$2,111,062
Total Expenses per Form 990$2,111,062
Expenses Not Reported on Form 990$19,305
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,306
Fundraising Gross Income$19,306
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Clay Shoot$29,791$17,098$3,010$14,088
Jubilee$16,650$2,208$2,208$0
Total Events$46,441$19,306$19,306$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
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
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 18

The documents are available to the public upon request.

Form 990, Part VI, Section C, Line 19

The documents are available to the 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
2021-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie Linn
Formed
1956
Legal Domicile
Ms
Voting Board Members
18
Independent Board Members
18
Employees
40
Volunteers
175

Preparer

Firm
Lefoldt & Co Pa
Address
PO BOX 2848, RIDGELAND, MS 39158
Preparer
Chris B Savell CPA
Phone
6018988875
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENTS

PART XII, LINE 2D - OTHER ADJUSTMENTS:

SPECIAL EVENTS

Raw XML AppendixShowing 400 of 586 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/BOYAmt065696
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt043108
IRS990/AccountsReceivableGrp/BOYAmt05496
IRS990/AccountsReceivableGrp/EOYAmt01872930
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ENABLE CHILDREN WITH COMMUNICATION DISORDERS TO DEVELOP THEIR FULL POTENTIAL THROUGH SPOKEN LANGUAGE AND LITERACY.
IRS990/AllOtherContributionsAmt04425635
IRS990/AllOtherExpensesGrp/FundraisingAmt07953
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt028361
IRS990/AllOtherExpensesGrp/ProgramServicesAmt031025
IRS990/AllOtherExpensesGrp/TotalAmt067339
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06019225530
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0733 FLAG CHAPEL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0JACKSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039209
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0239778
IRS990/CashNonInterestBearingGrp/EOYAmt01111390
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014467
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt043401
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt014467
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt072335
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01173
IRS990/ConferencesMeetingsGrp/TotalAmt01173
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt027135
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05452598
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt050042
IRS990/CYOtherExpensesAmt0647974
IRS990/CYOtherRevenueAmt03824
IRS990/CYProgramServiceRevenueAmt0626865
IRS990/CYRevenuesLessExpensesAmt04022267
IRS990/CYSalariesCompEmpBnftPaidAmt01463088
IRS990/CYTotalExpensesAmt02111062
IRS990/CYTotalFundraisingExpenseAmt0221764
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06133329
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt012816
IRS990/DeferredRevenueGrp/EOYAmt013739
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt03495
IRS990/DepreciationDepletionGrp/ProgramServicesAmt083876
IRS990/DepreciationDepletionGrp/TotalAmt087371
IRS990/Desc0MAGNOLIA SPEECH SCHOOL EXISTS TO TEACH CHILDREN WITH SIGNIFICANT COMMUNICATIVE DISORDERS, INCLUDING HEARING LOSS AND SEVERE LANGUAGE DISORDERS, TO LISTEN AND UNDERSTAND, TO SPEAK AND TO BE UNDERSTOOD AND TO READ WITH COMPREHENSION. THE GOAL OF THE SCHOOL IS TO PREPARE THESE STUDENTS TO REACH THEIR FULL POTENTIAL AND GRADUATE FROM THE PROGRAM TO MAINSTREAM SUCCESSFULLY INTO A MORE CONVENTIONAL EDUCATIONAL SETTING IN THEIR LOCAL SCHOOL DISTRICTS OR THEIR LOCAL NEIGHBORHOOD SCHOOL OF CHOICE. MAGNOLIA SPEECH SCHOOL OFFERS A LIFECHANGING CURRICULUM WITH SPECIFIC GOALS, CRITERION AND ACTIVITIES LISTED FOR OVER 2,500 SKILLS IN THE AREAS OF AUDITION, RECEPTIVE LANGUAGE, EXPRESSIVE LANGUAGE, SPEECH, READING, MATH, SOCIAL STUDIES, SCIENCE, THE ASSOCIATION METHOD, FINE MOTOR, GROSS MOTOR, SOCIAL INTERACTION AND AUDITORY PROCESSING. CLASSES CONTAIN NO MORE THAN 38 STUDENTS WITH A TEACHER AND AN ASSISTANT. SUPPORT SERVICES ARE OFFERED FOR AUDIOLOGY, SPEECH PATHOLOGY AND OCCUPATIONAL THERAPY AS NEEDED. IN ADDITION TO CLASSROOM INSTRUCTION, STUDENTS PARTICIPATE IN PHYSICAL EDUCATION AND MUSIC. EACH STUDENT HAS A SERVICE PLAN AS OUTLINED BY THE MS DEPARTMENT OF EDUCATION. OTHER SERVICES INCLUDE EVALUATION AND OUTPATIENT SERVICES IN THE HACKETT BOWER CLINIC AT MAGNOLIA SPEECH SCHOOL AND A STATEWIDE HOME BASED EARLY INTERVENTION PROGRAM FOR INFANTS AND TODDLERS WITH HEARING LOSS. THE SCHOOL IS LOCATED AT 733 FLAG CHAPEL ROAD IN JACKSON, MS AND SERVES CHILDREN THROUGHOUT MISSISSIPPI (MANY COMMUTE AND/OR RELOCATE FOR THESE UNIQUE, LIFECHANGING EDUCATIONAL SERVICES).MAGNOLIA SPEECH SCHOOL HAS EXTRAORDINARY SUCCESS IN TRANSITIONING CHILDREN WHO ARE DEAF, HARD OF HEARING AND LANGUAGED DISORDERED INTO REGULAR EDUCATION. RECORDS INDICATE THAT IN THE LAST 14 YEARS, THE SCHOOL HAS MAINSTREAMED 74% OF THE STUDENTS TO REGULAR CLASSES WITH 10% MORE RETURNING TO THEIR LOACAL SCHOOL DISTRICT WITH SOME RESOURCE HELP IN SPEECH AND/OR READING. AT MAGNOLIA SPEECH SCHOOL EVERY STUDENT'S PROGRESS IS TRACKED THROUGH CRITERION REFERENCED GOALS THAT ARE LISTED ON A SERVICE PLAN (SIMILAR TO AN IEP), BY ANNUAL FORMAL EVALUATIONS AND BY AN ANALYSIS OF ONGOING LANGUAGE SAMPLES. THE SCHOOL MAINTAINS AN ACCREDITED STATUS FROM THE MS DEPARTMENT OF EDUCATION AND THE ADVANCED NETWORK.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0177142
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04007616
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt040
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01618574
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030100
IRS990/FeesForServicesAccountingGrp/TotalAmt030100
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt021000
IRS990/FeesForServicesLobbyingGrp/TotalAmt021000
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/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/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/PersonNm0MARSHA BARBOUR
IRS990/Form990PartVIISectionAGrp/PersonNm1KIM BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm2DONNA KAYE BYRD
IRS990/Form990PartVIISectionAGrp/PersonNm3TED DEARMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4LA'VERNE EDNEY
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN CRONIN
IRS990/Form990PartVIISectionAGrp/PersonNm6DR STEPHANIE HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7DR CHARLES JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm8SCOTT JONES
IRS990/Form990PartVIISectionAGrp/PersonNm9JIMMY ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm10MARCY SCOGGINS
IRS990/Form990PartVIISectionAGrp/PersonNm11WALTER WEEMS
IRS990/Form990PartVIISectionAGrp/PersonNm12THOMAS WOODS
IRS990/Form990PartVIISectionAGrp/PersonNm13JIM BURKES
IRS990/Form990PartVIISectionAGrp/PersonNm14DR LAMAR WEEMS
IRS990/Form990PartVIISectionAGrp/PersonNm15JEAN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm16MITCH STRINGER
IRS990/Form990PartVIISectionAGrp/PersonNm17ANITA GOWIN
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/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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1FINANCE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PERSONNEL CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01956
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt027135
IRS990/FundraisingDirectExpensesAmt019306
IRS990/FundraisingGrossIncomeAmt019306
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt0639828
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06152635
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01016
IRS990/InformationTechnologyGrp/ProgramServicesAmt024396
IRS990/InformationTechnologyGrp/TotalAmt025412
IRS990/InsuranceGrp/ManagementAndGeneralAmt01121
IRS990/InsuranceGrp/ProgramServicesAmt026911
IRS990/InsuranceGrp/TotalAmt028032
IRS990/InterestGrp/ManagementAndGeneralAmt011187
IRS990/InterestGrp/TotalAmt011187
IRS990/InvestmentExpenseAmt0-8312
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt050042
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050042
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0671855
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0699806
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01178126
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01496165
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01578188
IRS990/LandBldgEquipCostOrOtherBssAmt02756314
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/MortgNotesPyblScrdInvstPropGrp/BOYAmt0400000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt02848423
IRS990/NetAssetsOrFundBalancesEOYAmt06857881
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-4497
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02671281
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02850265
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08241
IRS990/OfficeExpensesGrp/ProgramServicesAmt09215
IRS990/OfficeExpensesGrp/TotalAmt017456
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02392
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013158
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0104066
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0119616
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2CAPITAL CAMPAIGN
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt0110000
IRS990/OtherExpensesGrp/FundraisingAmt172768
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03826
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11435
IRS990/OtherExpensesGrp/ProgramServicesAmt091832
IRS990/OtherExpensesGrp/ProgramServicesAmt134434
IRS990/OtherExpensesGrp/TotalAmt0110000
IRS990/OtherExpensesGrp/TotalAmt195658
IRS990/OtherExpensesGrp/TotalAmt272768
IRS990/OtherExpensesGrp/TotalAmt335869
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03824
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03824
IRS990/OtherRevenueTotalAmt03824
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010748
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt095284
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01082392
IRS990/OtherSalariesAndWagesGrp/TotalAmt01188424
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01652
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09099
IRS990/PayrollTaxesGrp/ProgramServicesAmt071962
IRS990/PayrollTaxesGrp/TotalAmt082713
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028086
IRS990/PrincipalOfficerNm0VALERIE LINN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0626865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0626865
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01472142
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt048582
IRS990/PYOtherExpensesAmt0449607
IRS990/PYOtherRevenueAmt03873
IRS990/PYProgramServiceRevenueAmt0635023
IRS990/PYRevenuesLessExpensesAmt0302984
IRS990/PYSalariesCompEmpBnftPaidAmt01407029
IRS990/PYTotalExpensesAmt01856636
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02159620
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt04022267
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0360000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0626865
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0901452
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01883928
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04425635
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01472142
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0781212
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01981872
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01502029
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010162890
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt041729
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt040703
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt027731
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03006
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03361
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0116530
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0626865
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0635023
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0498901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0656065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0749279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03166133
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt041729
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt040703
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt027731
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03006
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0116530
IRS990ScheduleA/InvestmentIncomeCYPct00.00860
IRS990ScheduleA/InvestmentIncomePYPct00.00640
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt03824
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03873
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09498
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0105829
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt014937
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0137961
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98130
IRS990ScheduleA/PublicSupportPY509Pct00.98000
IRS990ScheduleA/PublicSupportTotal509Amt013329023
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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