Civic Intelligence

Magnolia Healthcare Inc

EIN 72-1304946 • 501(c)3 • Baton Rouge, LA

Profile

To serve the health and rehabilitation needs of the community and to improve the quality of life for each patient, resident, family member, visitor and co-worker.

PO Box 40018Baton Rouge, LA 70835

www.mhihealth.org

Siviq Scores

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

Liabilities / Assets

86th percentile

0.77x

Higher debt load relative to assets than 86% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.39x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

52nd percentile

5.0%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

46th percentile

$247,907

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

20th percentile

-2.9%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

15%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$15,237,566

Down $450,919 (-2.9%) from 2023

Liabilities

Down

$11,716,152

Down $1,956,484 (-14%) from 2023

Net Assets

Up

$3,521,414

Up $1,505,565 (+75%) from 2023

Revenue

Up

$30,203,346

Up $3,971,067 (+15%) from 2023

Expenses

Up

$28,697,781

Up $5,775,027 (+25%) from 2023

Net Income

Down

$1,505,565

Down $1,803,960 (-55%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0-$10M-$20MAssets 2010: $14,239,200Liabilities 2010: $26,968,604Net Assets 2010: -$12,729,4042010Assets 2011: $14,895,750Liabilities 2011: $26,606,846Net Assets 2011: -$11,711,0962011Assets 2012: $15,469,788Liabilities 2012: $25,702,490Net Assets 2012: -$10,232,7022012Assets 2013: $15,068,596Liabilities 2013: $25,080,533Net Assets 2013: -$10,011,9372013Assets 2014: $14,705,857Liabilities 2014: $24,314,806Net Assets 2014: -$9,608,9492014Assets 2015: $13,774,111Liabilities 2015: $23,319,734Net Assets 2015: -$9,545,6232015Assets 2016: $12,520,761Liabilities 2016: $21,963,557Net Assets 2016: -$9,442,7962016Assets 2017: $12,487,233Liabilities 2017: $21,470,468Net Assets 2017: -$8,983,2352017Assets 2018: $13,331,499Liabilities 2018: $22,161,123Net Assets 2018: -$8,829,6242018Assets 2019: $12,942,609Liabilities 2019: $21,720,681Net Assets 2019: -$8,778,0722019Assets 2020: $14,643,848Liabilities 2020: $21,370,673Net Assets 2020: -$6,726,8252020Assets 2021: $13,978,378Liabilities 2021: $19,475,294Net Assets 2021: -$5,496,9162021Assets 2022: $15,447,465Liabilities 2022: $16,741,141Net Assets 2022: -$1,293,6762022Assets 2023: $15,688,485Liabilities 2023: $13,672,636Net Assets 2023: $2,015,8492023Assets 2024: $15,237,566Liabilities 2024: $11,716,152Net Assets 2024: $3,521,4142024

Highlighted filing

2024

Assets$15,237,566
Liabilities$11,716,152
Net Assets$3,521,414

Operations Trend

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

$40M$30M$20M$10M$0Expenses 2010: $19,582,2062010Revenue 2011: $21,619,265Expenses 2011: $20,600,957Net Income 2011: $1,018,3082011Expenses 2012: $20,891,0972012Revenue 2013: $20,991,369Expenses 2013: $20,770,604Net Income 2013: $220,7652013Revenue 2014: $20,871,885Expenses 2014: $20,468,897Net Income 2014: $402,9882014Revenue 2015: $20,639,728Expenses 2015: $20,576,402Net Income 2015: $63,3262015Revenue 2016: $19,318,402Expenses 2016: $19,215,575Net Income 2016: $102,8272016Revenue 2017: $20,566,814Expenses 2017: $20,107,253Net Income 2017: $459,5612017Revenue 2018: $20,798,422Expenses 2018: $20,644,811Net Income 2018: $153,6112018Revenue 2019: $21,598,489Expenses 2019: $21,546,937Net Income 2019: $51,5522019Revenue 2020: $24,897,266Expenses 2020: $22,846,019Net Income 2020: $2,051,2472020Revenue 2021: $22,883,719Expenses 2021: $21,653,810Net Income 2021: $1,229,9092021Revenue 2022: $27,584,269Expenses 2022: $23,381,029Net Income 2022: $4,203,2402022Revenue 2023: $26,232,279Expenses 2023: $22,922,754Net Income 2023: $3,309,5252023Revenue 2024: $30,203,346Expenses 2024: $28,697,781Net Income 2024: $1,505,5652024

Highlighted filing

2024

Revenue$30,203,346
Expenses$28,697,781
Net Income$1,505,565

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.2$11.7$3.52$30.2$28.7$1.51
2023Summary only. Only limited summary data is available for this year.$15.7$13.7$2.02$26.2$22.9$3.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$16.7$1.29$27.6$23.4$4.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$19.5$5.50$22.9$21.7$1.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.6$21.4$6.73$24.9$22.8$2.05
2019Summary only. Only limited summary data is available for this year.$12.9$21.7$8.78$21.6$21.5$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$22.2$8.83$20.8$20.6$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$21.5$8.98$20.6$20.1$0.46
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.5$22.0$9.44$19.3$19.2$0.10
2015Detailed filing. Detailed filing data is available for this year.$13.8$23.3$9.55$20.6$20.6$0.06
2014Detailed filing. Detailed filing data is available for this year.$14.7$24.3$9.61$20.9$20.5$0.40
2013Detailed filing. Detailed filing data is available for this year.$15.1$25.1$10.0$21.0$20.8$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.5$25.7$10.2$20.9
2011Summary only. Only limited summary data is available for this year.$14.9$26.6$11.7$21.6$20.6$1.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$27.0$12.7$19.6
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$30,203,346
Mission and Program Overview

Mission

To serve the health and rehabilitation needs of the community and to improve the quality of life for each patient, resident, family member, visitor and co-worker.

To provide comprehensive nursing care services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,803,811$5,851,002▲ $2,047,191
Accounts Receivable$2,522,862$3,569,957▲ $1,047,095
Land, Buildings, and Equipment, Net$2,753,338$3,111,721▲ $358,383
Intangible Assets$1,679,961$1,374,515▼ $305,446
Investments Other Securities$4,180,811$990,771▼ $3,190,040
Prepaid Expenses and Deferred Charges$526,215$213,769▼ $312,446
Total Assets$15,688,485$15,237,566▼ $450,919
Other Assets Total$221,487$125,831▼ $95,656
Liabilities
Unsecured Notes Loans Payable$1,829,663$9,655,751▲ $7,826,088
Tax Exempt Bond Liabilities$3,342,592--
Accounts Payable and Accrued Expenses$1,573,125$1,869,240▲ $296,115
Mortgage Notes Payable Secured by Investment Property$595,000--
Other Liabilities$6,332,256$191,161▼ $6,141,095
Total Liabilities$13,672,636$11,716,152▼ $1,956,484
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,015,849$3,521,414▲ $1,505,565
Total Net Assets Fund Balance$2,015,849$3,521,414▲ $1,505,565
Total Liabilities and Net Assets / Fund Balance$15,688,485$15,237,566▼ $450,919

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,494,255$7,257,755$8,752,010
Equipment$813,049$2,823,930$3,636,979
Land$735,132-$735,132
Other Land Buildings$69,285$383,211$452,496
Other Securities$990,771--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tasha MosleyAdministratorFT$124,722$114$124,836
James BurkeDirector of MarketingFT$108,362$6,094$114,456
Charlotte Roxanne DouglasStaffing CoordinatorFT$105,257$5,863$111,120
Lacey TerrellDirector of NursingFT$101,076$108$101,184
G Stuart Murphy IiiTreasurerPT-$12,000$12,000
Louis HerreroSecretaryPT-$12,000$12,000

Board Members and Trustees

NameTitle
Richard T Daspit SrPresident

Highest Paid Contractors

ContractorServicesLocationCompensation
Quality Care NursingContract Nursing ServicesPO BOX 490, Leland, MS 38756$1,949,138
Nexus Therapy ManagementTherapy2113 GOVERNMENT STREET STE L, Ocean Springs, MS 39564$1,771,217
Precision Healthcare StaffingContract Nursing Services4209 LAKELAND DR 363, Flowood, MS 39232$750,339
Apothecare LLCPharmacy ServicePO BOX 919, Meadville, MS 39653$541,490
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$28,734,964
Investment Income
$1,433,313
Other Revenue
$35,069
Change in Net Assets
$1,505,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,543,855
Salaries, Compensation, and Employee Benefits$12,219,665
Grants and Similar Amounts Paid$934,261
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,318,557$1,580,309-$10,898,866
Fees for Services Other$4,903,218$937,774-$5,840,992
Fees for Services Management-$1,417,815-$1,417,815
Grants to Domestic Orgs$934,261--$934,261
Insurance$190,153$707,710-$897,863
Payroll Taxes$726,332$120,644-$846,976
All Other Expenses$67,869$679,557-$747,426
Occupancy$180,230$547,907-$728,137
Other Expenses$799,246$685,665-$685,665
Depreciation Depletion$620,960$37,815-$658,775
Interest$558,375$34,004-$592,379
Other Employee Benefits$342,357$131,466-$473,823
Travel$109,649$160,596-$270,245
Office Expenses$130,548$38,995-$169,543
Fees for Services Accounting-$81,576-$81,576
Fees for Services Legal-$53,508-$53,508
Advertising-$36,149-$36,149
Information Technology-$16,681-$16,681
Total Functional Expenses$21,413,191$7,284,590$0$28,697,781
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carrollwood Health Foundation IncBaton Rouge, LA501(c)(3)Operations$934,261
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$191,161
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

Magnolia healthcare has an agreement with foundation health services, inc., sole member of magnolia healthcare, to provide management services including financial and accounting support services.

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

The form 990 is completed annually and copies are provided to the entire governing board as well as the president of the organization. At that time the president reviews the form 990 with the board members. Any necessary changes are then updated on the form. Once all necessary changes are made and the president is in agreement with the board members on the finished form 990, it is signed by the president, dated and submitted by the filing deadline. A copy of the approved form 990 is provided to all of the officers, directors and trustees before the return is filed.

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

The organization promulgates its conflict of interest policy to assure continued commitment to the integrity of its exempt purpose. To provide enforcement of the policy, a written disclosure of the policy is distributed to the employees and board.

Form 990, Part VI, Section B, Line 15

The officers of the organization are paid by a related party, foundation health services. The compensation of the officers is reviewed and approved by independent compensation committee of the organization, made up of independent board members.

Form 990, Part VI, Section C, Line 19

The organization will provide, upon in-person verbal or written request, documents relating to the governance, conflicts of interest and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Magnolia Healthcare Inc
EIN
72-1304946
Phone
2257530864
Address
PO BOX 40018, BATON ROUGE, LA 70835

Signing Officer

Name
Richard T Daspit Sr
Title
President
Phone
2257530864
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard T Daspit Sr
Formed
1995
Legal Domicile
Ms
Voting Board Members
3
Independent Board Members
2
Employees
567
Volunteers
0

Preparer

Firm
Cbiz Mhm LLC
Address
4722 N 24TH ST STE 300, PHOENIX, AZ 85016
Preparer
AMY A O'LOUGHLIN
Phone
6022646835
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 4,903,218. Management and general expenses 937,774. Fundraising expenses 0. Total expenses 5,840,992.

Financial Statement Notes

PART X, LINE 2:

Mhi has been recognized as tax-exempt pursuant to section 501(c)(3) of the internal revenue code. No provision for income taxes hasbeen provided for federal and state income tax purposes. Mhi accounts for the effects of any uncertain tax positions basedon a "more likely than not" threshold applied to the recognition of that tax position being sustainedbased on the technical merits of the position under scrutiny by the applicable taxing authority. If atax position or positions are deemed to result in uncertainties of those positions, the unrecognizedtax benefit is estimated based on a "cumulative probability assessment" that aggregates theestimated tax liability for all uncertain tax positions. Interest and penalties assessed, if any, areaccrued as income tax expenses. Mhi have identified their tax status as tax-exempt entities as atax position; however, have determined that such a taxposition does not result in an uncertainty requiring recognition. Mhi believe they are no longer subject to income tax examinations for years prior to december 31, 2021.

Raw XML AppendixShowing 400 of 591 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm6LACEY TERRELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3124722
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4108362
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5105257
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6101076
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0241341
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt112000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt212000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt5STAFFING COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR OF NURSING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0934261
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0934261
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0934261
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt030203346
IRS990/GroupExemptionNum08588
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016681
IRS990/InformationTechnologyGrp/TotalAmt016681
IRS990/InsuranceGrp/ManagementAndGeneralAmt0707710
IRS990/InsuranceGrp/ProgramServicesAmt0190153
IRS990/InsuranceGrp/TotalAmt0897863
IRS990/IntangibleAssetsGrp/BOYAmt01679961
IRS990/IntangibleAssetsGrp/EOYAmt01374515
IRS990/InterestGrp/ManagementAndGeneralAmt034004
IRS990/InterestGrp/ProgramServicesAmt0558375
IRS990/InterestGrp/TotalAmt0592379
IRS990/InvestmentIncomeGrp/ExclusionAmt01433313
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01433313
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt04180811
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0990771
IRS990/IRPDocumentCnt037
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010464896
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02753338
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03111721
IRS990/LandBldgEquipCostOrOtherBssAmt013576617
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SERVE THE HEALTH AND REHABILITATION NEEDS OF THE COMMUNITY AND TO IMPROVE THE QUALITY OF LIFE FOR EACH PATIENT, RESIDENT, FAMILY MEMBER, VISITOR AND CO-WORKER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0595000
IRS990/NetAssetsOrFundBalancesBOYAmt02015849
IRS990/NetAssetsOrFundBalancesEOYAmt03521414
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02015849
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03521414
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0547907
IRS990/OccupancyGrp/ProgramServicesAmt0180230
IRS990/OccupancyGrp/TotalAmt0728137
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038995
IRS990/OfficeExpensesGrp/ProgramServicesAmt0130548
IRS990/OfficeExpensesGrp/TotalAmt0169543
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0221487
IRS990/OtherAssetsTotalGrp/EOYAmt0125831
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0131466
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0342357
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0473823
IRS990/OtherExpensesGrp/Desc0BED TAX
IRS990/OtherExpensesGrp/Desc1DEPARTMENTAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2MEDICAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3CREDIT LOSSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016419
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1685665
IRS990/OtherExpensesGrp/ProgramServicesAmt01482447
IRS990/OtherExpensesGrp/ProgramServicesAmt11048989
IRS990/OtherExpensesGrp/ProgramServicesAmt2799246
IRS990/OtherExpensesGrp/TotalAmt01482447
IRS990/OtherExpensesGrp/TotalAmt11065408
IRS990/OtherExpensesGrp/TotalAmt2799246
IRS990/OtherExpensesGrp/TotalAmt3685665
IRS990/OtherLiabilitiesGrp/BOYAmt06332256
IRS990/OtherLiabilitiesGrp/EOYAmt0191161
IRS990/OtherRevenueMiscGrp/BusinessCd0623000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt035069
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt035069
IRS990/OtherRevenueTotalAmt035069
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01580309
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09318557
IRS990/OtherSalariesAndWagesGrp/TotalAmt010898866
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0120644
IRS990/PayrollTaxesGrp/ProgramServicesAmt0726332
IRS990/PayrollTaxesGrp/TotalAmt0846976
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0526215
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0213769
IRS990/PrincipalOfficerNm0RICHARD T DASPIT SR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt028734964
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt028734964
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02698895
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0500942
IRS990/PYOtherExpensesAmt011487558
IRS990/PYOtherRevenueAmt043959
IRS990/PYProgramServiceRevenueAmt022988483
IRS990/PYRevenuesLessExpensesAmt03309525
IRS990/PYSalariesCompEmpBnftPaidAmt011435196
IRS990/PYTotalExpensesAmt022922754
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026232279
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01505565
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt028734964
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2020 AMOUNT: $ 515,546. 2021 AMOUNT: $ 101,349. 2022 AMOUNT: $ 2,062,151. 2023 AMOUNT: $ 46,559. 2024 AMOUNT: $ 35,069.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02698895
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03056397
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02231661
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02880406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010867359
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01433313
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0498342
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0266663
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0121815
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt023638
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02343771
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt028734964
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt022988463
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt022199058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt020428894
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt021477946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0115829325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01433313
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0498342
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0266663
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0121815
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt023638
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02343771
IRS990ScheduleA/InvestmentIncomeCYPct00.01780
IRS990ScheduleA/InvestmentIncomePYPct00.00850
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt035069
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt046559
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02062151
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0101349
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0515546
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02760674
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96130
IRS990ScheduleA/PublicSupportPY509Pct00.96820
IRS990ScheduleA/PublicSupportTotal509Amt0126696684
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt028734964
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt025687358
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt025255455
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt022660555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt024358352
IRS990ScheduleA/Total509Grp/TotalAmt0126696684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt030203346
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026232259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt027584269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt022883719
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt024897536
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0131801129
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01494255
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07257755
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08752010
IRS990ScheduleD/EquipmentGrp/BookValueAmt0813049
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02823930
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03636979
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0735132
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0735132
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt069285
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0383211
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0452496
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0191161
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0990771
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ASSETS WHOSE USE IS LIMITED
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MHI HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR INCOME TAXES HASBEEN PROVIDED FOR FEDERAL AND STATE INCOME TAX PURPOSES. MHI ACCOUNTS FOR THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS BASEDON A "MORE LIKELY THAN NOT" THRESHOLD APPLIED TO THE RECOGNITION OF THAT TAX POSITION BEING SUSTAINEDBASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF ATAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZEDTAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THEESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, AREACCRUED AS INCOME TAX EXPENSES. MHI HAVE IDENTIFIED THEIR TAX STATUS AS TAX-EXEMPT ENTITIES AS ATAX POSITION; HOWEVER, HAVE DETERMINED THAT SUCH A TAXPOSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. MHI BELIEVE THEY ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03111721
IRS990ScheduleD/TotalBookValueSecuritiesAmt0990771
IRS990ScheduleD/TotalLiabilityAmt0191161
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0934261
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CARROLLWOOD HEALTH FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0721241847
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 40018
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BATON ROUGE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0LA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd070825
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS GIVEN TO RELATED PARTIES ARE MONITORED BY MANAGEMENT FOR BOTH THE GRANTEE AND GRANTOR.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd00

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