Civic Intelligence

Magnolia Gme Alumni Association Inc

EIN 81-4860418 • 501(c)3 • Corinth, MS

Profile

The association is organized exclusively for charitable purposes and exists to support the advancement of mrhc-gme, its faculty, alumni, students, residents, and fellows, while pursuing the mission of mrhc-gme, which is achieved by: granting physicians from its residencies and fellowships; training students in their 3rd and 4th years of medical school and assiting them with residency placement; providing a values-based learning community as the context for teaching, research and service; serving the health and wellness needs of people within the region and beyond; focusing on enhanced access to comprehensive health care for rural and underserved communities; investing in quality academic programs supported by superior faculty and technology; embracing compassionate, patient-centered care that values diversity, public service and leadership as an enduring commitment to professionalism and the highest ethical standards "one patient at a time-; establishing local and regional alumni activ

PO Box 305Corinth, MS 38835-0305

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

1st percentile

-60722%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

200%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $5,465 (-100%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $5,465 (-100%) from 2022

Revenue

Up

$9

Up $6 (+200%) from 2022

Expenses

Up

$5,474

Up $3,795 (+226%) from 2022

Net Income

Down

-$5,465

Down $3,789 (-226%) from 2022

Trend Graphs

Balance Sheet Trend

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2017: $3,919Liabilities 2017: $0Net Assets 2017: $3,9192017Assets 2018: $1,722Liabilities 2018: $0Net Assets 2018: $1,7222018Assets 2019: $1,376Liabilities 2019: $0Net Assets 2019: $1,3762019Assets 2020: $5,515Liabilities 2020: $0Net Assets 2020: $5,5152020Assets 2021: $7,141Liabilities 2021: $0Net Assets 2021: $7,1412021Assets 2022: $5,465Net Assets 2022: $5,4652022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2017: $7,252Expenses 2017: $3,333Net Income 2017: $3,9192017Revenue 2018: $35,427Expenses 2018: $37,625Net Income 2018: -$2,1982018Revenue 2019: $57,023Expenses 2019: $57,369Net Income 2019: -$3462019Revenue 2020: $11,508Expenses 2020: $7,368Net Income 2020: $4,1402020Revenue 2021: $7,105Expenses 2021: $5,480Net Income 2021: $1,6252021Revenue 2022: $3Expenses 2022: $1,679Net Income 2022: -$1,6762022Revenue 2023: $9Expenses 2023: $5,474Net Income 2023: -$5,4652023

Highlighted filing

2023

Revenue$9
Expenses$5,474
Net Income-$5,465

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Feb 15, 2024
Return Version
2023v4.0
Gross Receipts
$9
Mission and Program Overview

Mission

The association is organized exclusively for charitable purposes and exists to support the advancement of mrhc-gme, its faculty, alumni, students, residents, and fellows, while pursuing the mission of mrhc-gme, which is achieved by: granting physicians from its residencies and fellowships; training students in their 3rd and 4th years of medical school and assiting them with residency placement; providing a values-based learning community as the context for teaching, research and service; serving the health and wellness needs of people within the region and beyond; focusing on enhanced access to comprehensive health care for rural and underserved communities; investing in quality academic programs supported by superior faculty and technology; embracing compassionate, patient-centered care that values diversity, public service and leadership as an enduring commitment to professionalism and the highest ethical standards "one patient at a time-; establishing local and regional alumni activ

Program Services

DescriptionGrantsExpenses
SUPPORT THE ADVANCEMENT OF MRHC-GME, ITS FACULTY, ALUMNI, STUDENTS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SEGER MORRIS DOPresident-$0--
J PEYTON PREECE DOV-President-$0--
MATTHEW T TIPTON DOSecretary-$0--
VALERIE D NORTON DOTreasury-$0--
Filing and Contact Details

Filer

Filer Name
Magnolia Gme Alumni Association Inc
EIN
81-4860418
Phone
2395605346
Address
PO BOX 305, CORINTH, MS 38835-0305

Signing Officer

Name
J Peyton Preece Do
Title
V-president
Phone
2395605346
Signed
2024-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Hardwick and Company Pa
Address
735 FOOTE ST, CORINTH, MS 38834-4836
Preparer
Kenneth L Hardwick CPA
Phone
6622869322
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expenses 1,086 magnolia foundation contr 2,928 total 4,014

Form 990-ez, Part III

The association is organized exclusively for charitable purposes and exists to support the advancement of mrhc-gme, its faculty, alumni, students, residents, and fellows, while pursuing the mission of mrhc-gme, which is achieved by: granting physicians from its residencies and fellowships; training students in their 3rd and 4th years of medical school and assiting them with residency placement; providing a values-based learning community as the context for teaching, research and service; serving the health and wellness needs of people within the region and beyond; focusing on enhanced access to comprehensive health care for rural and underserved communities; investing in quality academic programs supported by superior faculty and technology; embracing compassionate, patient-centered care that values diversity, public service and leadership as an enduring commitment to professionalism and the highest ethical standards "one patient at a time-; establishing local and regional alumni activities.

Raw XML Appendix126 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 1,086 MAGNOLIA FOUNDATION CONTR 2,928 TOTAL 4,014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES AND EXISTS TO SUPPORT THE ADVANCEMENT OF MRHC-GME, ITS FACULTY, ALUMNI, STUDENTS, RESIDENTS, AND FELLOWS, WHILE PURSUING THE MISSION OF MRHC-GME, WHICH IS ACHIEVED BY: GRANTING PHYSICIANS FROM ITS RESIDENCIES AND FELLOWSHIPS; TRAINING STUDENTS IN THEIR 3RD AND 4TH YEARS OF MEDICAL SCHOOL AND ASSITING THEM WITH RESIDENCY PLACEMENT; PROVIDING A VALUES-BASED LEARNING COMMUNITY AS THE CONTEXT FOR TEACHING, RESEARCH AND SERVICE; SERVING THE HEALTH AND WELLNESS NEEDS OF PEOPLE WITHIN THE REGION AND BEYOND; FOCUSING ON ENHANCED ACCESS TO COMPREHENSIVE HEALTH CARE FOR RURAL AND UNDERSERVED COMMUNITIES; INVESTING IN QUALITY ACADEMIC PROGRAMS SUPPORTED BY SUPERIOR FACULTY AND TECHNOLOGY; EMBRACING COMPASSIONATE, PATIENT-CENTERED CARE THAT VALUES DIVERSITY, PUBLIC SERVICE AND LEADERSHIP AS AN ENDURING COMMITMENT TO PROFESSIONALISM AND THE HIGHEST ETHICAL STANDARDS "ONE PATIENT AT A TIME-; ESTABLISHING LOCAL AND REGIONAL ALUMNI ACTIVITIES.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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