Magnolia Farm Foundation Inc

“Prof fees and other payments made to independent contractors attorney of law fees 30,250.00”

“Occupancy, rent, utilities and maintenance description of expenses depreciation 8,506.00 utilies 1,050.00”

“Maintenance 3,001.00 supplies 4,198.00 total 16,755.00”

“Other expenses insurance 3,498.00 auto expense 3,232.00”

“Other expenses continued depreciation 2,478.00 total 9,208.00”

“Other assets- other depreciable assets beginning of year 5,266.00 end of year 14,941.00”

“Other liabilities- credit card payable beginning of year 2,632.00 end of year 3,531.00”

“Primary exempt purpose the mission of magnolia farms is to provide a structured and stable environment for females recovering from the disease of addiction.”

“Information regarding personal benefit contracts the organization, did not, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract”

“Information regarding personal benefit contracts continued the organization, did not, during the year, pay any premiums directly, or indirectly, on a personal benefit contract”