Magnolia Chapter EIN 58-1949931 Form 990 (PDF) Claim this org

Magnolia Chapter

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Provides volunteer service and community programs focused on arts and national trends. For fiscal year 2025 it reported $214K in revenue, $199K in expenses, and $93K in net assets.Pt I

Type
Membership association · Nonprofit
Location
Brookhaven, GA
Website
magnolialinksinc.org
Filings
5 on file (2021–2025)
Revenue
$214KFY2025
Expenses
$199K
Net assets
$93K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  58-1949931 Membership association Brookhaven, GA
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides volunteer service and community programs focused on arts and national trends.
Leadership
Shelley Woods Whiting · President
Money in and out
$214K revenue, $199K expenses
Bottom line
+7% operating surplus
Membership & operating revenue · FY2025
Total revenue
$214K
Pt VIII · Ln 12
Total expenses
$199K
Pt IX · Ln 25
Net assets
$93K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $16K
Where spending went · Part IX cols B–D
Program services $0.48 Management & general $0.07 Fundraising $0.45
Operating surplus
+7%
revenue over expenses▲ +187% vs prior filing year
Earned revenue
14%
of revenue from program services & dues
Program spending
48%
of expenses reach member services▼ -42% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$214K
FY2025▲ +56%
Expenses
$199K
FY2025▲ +33%
Total assets
$93K
FY2025▼ -9%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$214K
Pt VIII · Ln 12
Total expenses
$199K
Pt IX · Ln 25
Net assets
$93K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$16K
Total assetsPt X · Ln 16$93K
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMagnolia Chapter
EINHdr · item D58-1949931
Principal addressHdr · item CBrookhaven, GA
WebsiteHdr · item Jmagnolialinksinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFDec 1961

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
Financial Secretary
$0Pt VII · Sec A
Cooresponding Secretary
$0Pt VII · Sec A
Recording Secretary
$0Pt VII · Sec A
See Magnolia Chapter executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $96K of program spending, described in the organization's own filed words · FY2024.
01

The chapter has long-term relationships with several schools and community organizations to serve female high school and college-aged students and families from economically-disadvantaged households.

$96Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$184K · 86%
Program service revenue$31K · 14%
Contributions & grants86%$184K
Program service revenue14%$31K
Total revenueLn 12$214K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.07 Fundraising $0.45
Program services48%$96K
Management & general7%$14K
Fundraising45%$89K
Total functional expensesLn 25$199K

Balance Sheet

Part X · end of year
CashLn 1$92K
Total assetsLn 16$93K
Total liabilitiesLn 26$0
Total net assetsLn 32$93K
Months of cash on handcomputed5.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $92K · Operating expenses/yr $199K
5.6 months
Where the money goes
Program services
Program services $96K · Total expenses $199K
48%
Management & General
Management & general $14K · Total expenses $199K
7%
Fundraising
Fundraising $89K · Total expenses $199K
45%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $129K
$0.27 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $184K · Total revenue $214K
86%
Government reliance
Government grants — · Total revenue $214K
Earned-income share
Program service revenue $31K · Total revenue $214K
14%
Investment reliance
Investment income $0 · Total revenue $214K
0%
Program self-sufficiency
Program service revenue $31K · Total expenses $199K
15%
Growth & trend
Revenue growth (YoY)
This year $214K · Prior year $137K
+56%
Revenue CAGR
FY2020 $102K · FY2024 $214K
+20%
Net-asset trend (YoY)
End of year $93K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $214K · Expenses $199K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $93K
Net-asset ratio
Net assets $93K · Total assets $93K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $93K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Shelley Woods Whiting · Reported title President · Highest reported compensation $0 · Total expenses $199K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $199K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 48%
Overhead ratio 7%
Fundraising cost ratio 48%
Revenue growth 56%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$22K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$214K revenue · viewing · ⤓ 990 PDF
FY2024$137K revenue · ⤓ 990 PDF
FY2023$125K revenue · ⤓ 990 PDF
FY2022$87K revenue · ⤓ 990 PDF
FY2021$102K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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