Magnolia Gardens Pch Inc
Magnolia Gardens Pch Inc consistently reports zero officer compensation and no liabilities, operating with modest assets.
EIN: 134281826 · Stone Mtn, GA · NTEE: P99 · Updated: 2026-03-28
Is Magnolia Gardens Pch Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Magnolia Gardens Pch Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Magnolia Gardens Pch Inc
Magnolia Gardens Pch Inc (EIN: 134281826) is a nonprofit organization based in Stone Mtn, GA, classified under NTEE code P99. The organization reported total revenue of $1.1M and total assets of $193K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Magnolia Gardens Pch Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Magnolia Gardens Pch Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-121,905 |
| Total Assets | $134K |
| Net Assets | $134K |
| Operating Margin | -12.0% |
| Months of Reserves | 1.4 months |
Financial Health Grade: C
In 2023, Magnolia Gardens Pch Inc reported a deficit of $122K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Magnolia Gardens Pch Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.9% | +11.0% | -43.0% |
| 2022 | +31.3% | +31.4% | +9.9% |
| 2021 | +41.3% | +25.9% | +36.9% |
| 2020 | -3.1% | +7.8% | +23.2% |
| 2019 | -5.3% | +5.3% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Magnolia Gardens Pch Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Magnolia Gardens Pch Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $122K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led or extremely lean leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Magnolia Gardens Pch Inc's IRS 990 filings:
- Modest asset base relative to annual revenue, potentially limiting long-term resilience or capacity for significant expansion (e.g., $133,883 assets vs. $1,016,309 revenue in 2023).
Strengths
The following positive indicators were identified for Magnolia Gardens Pch Inc:
- Consistent 0% officer compensation, indicating efficient use of funds for programmatic activities.
- Zero reported liabilities across all filings, demonstrating strong financial stability and no debt.
- Long history of IRS 990 filings (13 filings), indicating transparency and consistent compliance.
- Revenue growth over the past decade, suggesting increasing capacity to serve its mission (e.g., from $408,189 in 2016 to $1,016,309 in 2023).
Frequently Asked Questions about Magnolia Gardens Pch Inc
Is Magnolia Gardens Pch Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Magnolia Gardens Pch Inc (EIN: 134281826) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Magnolia Gardens Pch Inc spend its money?
Magnolia Gardens Pch Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Magnolia Gardens Pch Inc tax-deductible?
Magnolia Gardens Pch Inc is registered as a tax-exempt nonprofit (EIN: 134281826). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Magnolia Gardens Pch Inc a good charity?
Based on the provided financial data, Magnolia Gardens Pch Inc appears to be a well-managed charity, particularly due to its consistent reporting of 0% officer compensation and zero liabilities, indicating efficient use of funds and strong financial health.
How does Magnolia Gardens Pch Inc manage its executive compensation?
Magnolia Gardens Pch Inc consistently reports 0% officer compensation, meaning no salaries are paid to its officers, which is a strong indicator of resources being directed towards its mission.
What is the trend in Magnolia Gardens Pch Inc's revenue and expenses?
Revenue has generally increased over the past decade, from $408,189 in 2016 to $1,016,309 in 2023, with expenses closely tracking revenue, sometimes slightly exceeding it (e.g., 2023) and sometimes falling below (e.g., 2022).
Filing History
IRS 990 filing history for Magnolia Gardens Pch Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Magnolia Gardens Pch Inc's revenue has grown by 154%, moving from $400K to $1.0M. Total assets increased by 444.6% over the same period, from $25K to $134K. Total functional expenses rose by 171.5%, from $419K to $1.1M. In its most recent filing year (2023), Magnolia Gardens Pch Inc reported a deficit of $122K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $134K | $0 | — | View 990 |
| 2022 | $1.0M | $1.0M | $235K | $0 | — | View 990 |
| 2021 | $797K | $781K | $214K | $0 | — | View 990 |
| 2020 | $564K | $620K | $156K | $0 | — | View 990 |
| 2019 | $582K | $575K | $127K | $0 | — | View 990 |
| 2018 | $615K | $546K | $124K | $0 | — | View 990 |
| 2017 | $558K | $524K | $55K | $55K | — | View 990 |
| 2016 | $408K | $423K | $0 | $0 | — | View 990 |
| 2015 | $470K | $501K | $0 | $0 | — | View 990 |
| 2014 | $696K | $702K | $0 | $0 | — | View 990 |
| 2013 | $490K | $471K | $60K | $0 | — | View 990 |
| 2012 | $526K | $479K | $40K | $0 | — | View 990 |
| 2011 | $400K | $419K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $134K (revenue -2.9% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.0M, and assets of $235K (revenue +31.3% year-over-year).
- 2021: Revenue of $797K, expenses of $781K, and assets of $214K (revenue +41.3% year-over-year).
- 2020: Revenue of $564K, expenses of $620K, and assets of $156K (revenue -3.1% year-over-year).
- 2019: Revenue of $582K, expenses of $575K, and assets of $127K (revenue -5.3% year-over-year).
- 2018: Revenue of $615K, expenses of $546K, and assets of $124K (revenue +10.2% year-over-year).
- 2017: Revenue of $558K, expenses of $524K, and assets of $55K (revenue +36.8% year-over-year).
- 2016: Revenue of $408K, expenses of $423K, and assets of $0 (revenue -13.1% year-over-year).
- 2015: Revenue of $470K, expenses of $501K, and assets of $0 (revenue -32.5% year-over-year).
- 2014: Revenue of $696K, expenses of $702K, and assets of $0 (revenue +42.0% year-over-year).
- 2013: Revenue of $490K, expenses of $471K, and assets of $60K (revenue -6.8% year-over-year).
- 2012: Revenue of $526K, expenses of $479K, and assets of $40K (revenue +31.4% year-over-year).
- 2011: Revenue of $400K, expenses of $419K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Magnolia Gardens Pch Inc:
Data Sources and Methodology
This transparency report for Magnolia Gardens Pch Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.