NonprofitsMagnolia Foundation

Human Services

Magnolia Foundation

COOKEVILLE, TN

Total revenue

$440K

Total expenses

$309K

Net assets

$192K

Grants received

$47K

5 grants

EIN

365072436

Tax year

2024

Mission

To serve families who have experienced child loss by providing financial assistance with funeral-related expenses access to licensed professional counseling and long-term Commemorative Care.

Programs

2 programs

Professional Counseling Services

Expenses: $24KGrants: $15K

Commemorative Care

Expenses: $7KGrants: $4K

Financials

FY 2024

Revenue

Contributions & grants$459K
Program service revenue
Investment income
Other revenue
Total revenue$440K

Expenses

Grants paid$141K
Salaries & benefits$132K
Fundraising$42K
Other expenses$37K
Total expenses$309K
Total assets$193K
Net assets$192K

People

7 listed

NameRoleCompensation

Matthew Collins

Founder CEO

Board

$76K

40 hrs/wk

Macy Collins

Founder

Board

$25K

15 hrs/wk

Amanda Cranford

Director

Board

0.1 hrs/wk

Alison Dorris

Director

Board

0.1 hrs/wk

Justin Dorris

Director

Board

0.1 hrs/wk

Zach Henson

Director

Board

0.1 hrs/wk

Jenny Stites

Director

Board

0.1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$15K
GIVING AND GENEROSITY
2024
$10K
GENERAL CHARITABLE PURPOSES
2024
$1K
COUNSELING AND FINANCIAL ASSISTANCE FOR CHILD LOSS
2024
$1K
GENERAL SUPPORT
2024

Funded by

$47K from 4 funders · 5 grants · 2023–2024

Natl Christian Charitable Fdn Inc

$35K · 2 grants · 2023–2024

Project Anonymous Foundation

$10K · 1 grant · 2024

The Nancy & Victor S Johnson Jr

$1K · 1 grant · 2024

Esme Foundation

$1K · 1 grant · 2024

Details

EIN365072436
NTEE codeP40
Subsection03
Ruling date2023-08
Formed2024
Employees3
Volunteers60
MAGNOLIA FOUNDATION — Mission, Financials & Grants Received | Grantivo