Magnolia Manor INC FY2021 filing

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The corporation is organized to provide affordable housing and long-term care and assisted living to the elderly in a spiritual setting. The corporation operates a long-term care facility, five retirement communities and several more independent living apartment complexes throughout south and middle georgia.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 58-0911706) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$1.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $203K a year · 0.6% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
73% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 5% of spending
Pay to officers and key staff is 5% of spending.
Part VII, Section A
2.8 mo
of spending, in cash
Plus $44.3M in investments, Pt X · Ln 11–13
2.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $138K
6 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$46.9M
45% of total assets
Liabilities are 45% of assets.
Pt X · Ln 26
Independent board members
11
of 11 voting members
11 of 11 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$36.0M
+3% vs prior year
Spent
$33.0M
To programs
73%
Net assets
$58.3M
By yearFY2020–FY2025
Revenue
$36.0M
FY2021▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$34.9M
FY2021$36.0M
FY2022$33.3M
FY2023$32.1M
FY2024$37.6M
FY2025$42.4M
Expenses
$33.0M
FY2021▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$32.5M
FY2021$33.0M
FY2022$32.6M
FY2023$40.4M
FY2024$37.3M
FY2025$39.3M
Net assets
$58.3M
FY2021▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$56.1M
FY2021$58.3M
FY2022$48.6M
FY2023$39.9M
FY2024$33.0M
FY2025$34.3M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1962.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $24.1M Management & general 25% · $8.3M Fundraising 2% · $703K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $1.6M paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$323,829Pt VII · Sec A
$230,445Pt VII · Sec A
$191,813Pt VII · Sec A
VP of Human Resources
$181,924Pt VII · Sec A
VP of Communications
$139,180Pt VII · Sec A
Facility Administrator
$134,063Pt VII · Sec A
VP for Risk Management
$132,405Pt VII · Sec A
VP for Operations
$120,721Pt VII · Sec A

Mark Todd’s $552K as CEO, President 07/1/24 - 9/30/24 is at the 96th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Mark Todd$552,380$361,622$340,665$322,190$323,829$325,094
Hillery Fort$304,308$271,632$254,324$236,133$230,445$223,391
David Charter$218,513$209,457$130,915———
Diane Harrison$209,762$204,991$191,259$189,355$181,924$179,213
Scott Adkins———$196,338$191,813$189,065
Melvin Kinslow$181,982$175,068$166,814$157,290——
Lori Portfleet—$175,451$168,677$159,221$120,721—
Patrick Fellers$164,180—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Magnolia Manor INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides affordable housing and care for the elderly in a spiritual setting.

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1 program · $24.1M · in their own filed words · FY2020
01

The organization provides residential services to the sick and aged in a spiritual setting. The organization provides these services through the operation and long-term care and assisted and independent living facilities.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 58-0911706) · Dispute this line
$24.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2023 · $3.6M federal money spent
Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$2.2M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$921K
Troubled Multifamily Housing Projects - Flexible SubsidyDepartment of Housing and Urban Development · ALN 14.164 · Direct$409K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$95K
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$38K

The auditor reported no findings.

Year ending Jun 2022 · $4.3M federal money spent
Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$2.0M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$919K
Coronavirus Relief FundDepartment of the Treasury · ALN 21.019 · Through Georgia Department of Public Health$826K
Troubled Multifamily Housing Projects - Flexible SubsidyDepartment of Housing and Urban Development · ALN 14.164 · Direct$409K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$123K

Plus 1 smaller program.

The auditor reported no findings.

Year ending Jun 2021 · $4.7M federal money spent
Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$3.2M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$908K
Housing Projects Flexible SubsidyDepartment of Housing and Urban Development · ALN 14.164 · Direct$409K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$136K
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$117K

The auditor reported no findings.

Year ending Jun 2020 · $1.7M federal money spent
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$986K
Housing Projects Flexible SubsidyDepartment of Housing and Urban Development · ALN 14.164 · Direct$409K
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$154K
Multifamily Housing Service CoordinatorsDepartment of Housing and Urban Development · ALN 14.191 · Direct$121K

The auditor reported no findings.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$36.0M
Ln 12
Fees for servicesLn 2g$24.6M
Other incomeLn 4–11$6.3M
Investment incomeLn 3$4.3M
Money outPt IX
$33.0M
Ln 25
Programscol B$24.1M
Managementcol C$8.3M
Fundraisingcol D$703K
Owns and owesPt X
$58.3M
net assets · Ln 32
Cash and savingsLn 1–2$7.7M
Total assetsLn 16$105.2M
LiabilitiesLn 26$46.9M
PeoplePt VI, VII
20
listed · VII A
PaidVII A9
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$788K
Noncash giftsLn 1g$5K
Fundraising eventsLn 1c$33K
Fees for servicesLn 2g$24.6M
Investment incomeLn 3$4.3M
Other incomeLn 4–11$6.3M
Gains on assetsLn 7$2.8M
Total revenueLn 12$36.0M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$6.0M
Cash and savings togetherLn 1–2$7.7M
Accounts receivableLn 4$5.0M
Notes and loans receivableLn 7$1.6M
Inventories for sale or useLn 8$52K
Prepaid expenses and deferred chargesLn 9$89K
Land, buildings, equipmentLn 10c$34.8M
InvestmentsLn 11–13$44.3M
Other assetsLn 15$11.6M
Total assetsLn 16$105.2M
LiabilitiesLn 26$46.9M
Net assetsLn 32$58.3M
OperationsPt I, VI
EmployeesI 5574
VolunteersI 614
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$6.8M
Bond issues listedSch K Pt I2
Raised by those issuesSch K Pt I$57.9M
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$5.9M$4.7M$4.7M$13.9M$13.9M
SpentLn 1d–1f$181K$184K$164K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$28.3M$7.7M
InvestmentsLn 11–13$35.9M$44.3M
Land, buildings, equipmentLn 10c$30.9M$34.8M
Total assetsLn 16$116.6M$105.2M
LiabilitiesLn 26$60.5M$46.9M
Net assetsLn 32$56.1M$58.3M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$1.0M$1.0M
Other salaries and wagesLn 7$12.3M$9.5M$2.4M$442K
Pension plan contributionsLn 8$212K$134K$69K$8K
Other employee benefitsLn 9$1.9M$1.5M$353K$72K
Payroll taxesLn 10$914K$659K$224K$30K
Management feesLn 11a$2.2M$545K$1.7M
Legal feesLn 11b$133K$133K
Accounting feesLn 11c$66K$66K
Other fees for servicesLn 11g$3.6M$3.1M$533K$2K
Advertising and promotionLn 12$246K$35K$192K$19K
Office expensesLn 13$988K$316K$601K$71K
Information technologyLn 14$43K$27K$16K
OccupancyLn 16$1.8M$1.8M
TravelLn 17$254K$56K$177K$20K
InterestLn 20$1.2M$1.2M
Depreciation, depletion and amortizationLn 22$2.4M$2.4M
InsuranceLn 23$939K$400K$539K
Other expenses (24a–d)Ln 24$2.6M$2.3M$275K$23K
All other expensesLn 24e$72K$72K
Total functional expensesLn 25$33.0M$24.1M$8.3M$703K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 11, 2026 $42.4M$39.3M$3.1M$34.3M 990 PDF
FY2024Filed with the IRS May 15, 2025 $37.6M$37.3M$351K$33.0M 990 PDF
FY2023Filed with the IRS May 8, 2024 $32.1M$40.4M−$8.3M$39.9M 990 PDF
FY2022Filed with the IRS May 11, 2023 $33.3M$32.6M$660K$48.6M 990 PDF
FY2021 ViewingFiled with the IRS Apr 18, 2022 $36.0M$33.0M$3.0M$58.3M 990 PDF
FY2020Filed with the IRS Feb 25, 2021 $34.9M$32.5M$2.5M$56.1M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay O · Explanations
See the full FY2021 990
Part I · Summary $36,011,404 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $892,585$787,932
I-9 Program service revenuePrior year $27,426,561$24,637,014
I-10 Investment incomePrior year $1,210,748$4,325,424
I-11 Other revenuePrior year $5,390,358$6,261,034
I-12 Total revenuePrior year $34,920,252$36,011,404
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $16,488,935$16,376,967
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $15,964,473$16,664,190
I-18 Total expensesPrior year $32,453,408$33,041,157
I-19 Revenue less expensesPrior year $2,466,844$2,970,247
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $36,011,404 across 10 lines filed
Lines not itemized here account for $430,743 of total revenue; see the IRS return.
VIII-1c Fundraising events$32,847
VIII-1f All other contributions, gifts and grants$755,085
VIII-1g Noncash contributions (included above)$5,092
VIII-1h Total contributions, gifts and grants$787,932
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,637,014$24,637,014
VIII-3 Investment incomeExcluded from tax $1,557,028$1,557,028
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,768,396$2,768,396
VIII-8 Net income from fundraising eventsExcluded from tax $47,723$47,723
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $5,390,690 · Excluded from tax $391,878$5,782,568
VIII-12 Total revenueRelated to mission $30,249,049 · Unrelated business $0 · Excluded from tax $4,974,423$36,011,404
Part IX · Statement of functional expenses $33,041,157 across 19 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Management $1,048,512$1,048,512
IX-7 Other salaries and wagesPrograms $9,479,323 · Management $2,380,293 · Fundraising $441,911$12,301,527
IX-8 Pension plan contributionsPrograms $134,418 · Management $69,411 · Fundraising $7,865$211,694
IX-9 Other employee benefitsPrograms $1,476,594 · Management $352,676 · Fundraising $72,330$1,901,600
IX-10 Payroll taxesPrograms $659,478 · Management $224,065 · Fundraising $30,091$913,634
IX-11a Management feesPrograms $545,364 · Management $1,667,787$2,213,151
IX-11b Legal feesManagement $133,193$133,193
IX-11c Accounting feesManagement $66,160$66,160
IX-11g Other fees for servicesPrograms $3,084,972 · Management $532,511 · Fundraising $1,691$3,619,174
IX-12 Advertising and promotionPrograms $35,227 · Management $191,829 · Fundraising $18,644$245,700
IX-13 Office expensesPrograms $316,462 · Management $600,861 · Fundraising $70,849$988,172
IX-14 Information technologyManagement $27,016 · Fundraising $15,836$42,852
IX-16 OccupancyPrograms $1,787,790$1,787,790
IX-17 TravelPrograms $56,488 · Management $176,855 · Fundraising $20,416$253,759
IX-20 InterestPrograms $1,248,620$1,248,620
IX-22 Depreciation, depletion and amortizationPrograms $2,408,691$2,408,691
IX-23 InsurancePrograms $399,695 · Management $539,090$938,785
IX-24 Other expenses (24a–d)Programs $2,347,990 · Management $274,861 · Fundraising $23,096$2,645,947
IX-24e All other expensesPrograms $72,196$72,196
IX-25 Total functional expensesPrograms $24,053,308 · Management $8,285,120 · Fundraising $702,729$33,041,157
Part X · Balance sheet $105,196,135 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $2,082,476$1,740,397
X-2 Savings and temporary cash investmentsStart of year $26,262,394$5,966,426
X-4 Accounts receivableStart of year $556,296$5,004,456
X-7 Notes and loans receivableStart of year $1,325,745$1,605,155
X-8 Inventories for sale or useStart of year $47,555$51,947
X-9 Prepaid expenses and deferred chargesStart of year $57,733$88,702
X-10c Land, buildings and equipment, netStart of year $30,881,001$34,849,485
X-11 Publicly traded securitiesStart of year $35,338,648$43,777,761
X-13 Program-related investmentsStart of year $511,680$484,556
X-15 Other assetsStart of year $18,763,396$11,627,250
X-16 Total assetsStart of year $116,561,990$105,196,135
X-17 Accounts payable and accrued expensesStart of year $6,260,824$4,413,436
X-20 Tax-exempt bond liabilitiesStart of year $5,280,929$6,787,164
X-23 Secured mortgages and notes payableStart of year $6,718,962$1,139,453
X-24 Unsecured notes and loans payableStart of year $18,389,000$19,658,232
X-25 Other liabilitiesStart of year $23,855,064$14,917,956
X-26 Total liabilitiesStart of year $60,504,779$46,916,241
X-27 Net assets without donor restrictionsStart of year $52,786,765$54,856,603
X-28 Net assets with donor restrictionsStart of year $3,270,446$3,423,291
X-32 Total net assets or fund balancesStart of year $56,057,211$58,279,894
X-33 Total liabilities and net assetsStart of year $116,561,990$105,196,135
Part XI · Reconciliation of net assets $58,279,894 net assets at year end
XI-1 Total revenue$36,011,404
XI-2 Total expenses$33,041,157
XI-3 Revenue less expenses$2,970,247
XI-4 Net assets at start of year$56,057,211
XI-5 Net unrealized gains (losses) on investments$5,071,069
XI-9 Other changes in net assets−$5,818,634
XI-10 Net assets at end of year$58,279,894

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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