Magnolia Healthcare Inc
TO SERVE THE HEALTH AND REHABILITATION NEEDS OF THE COMMUNITY AND TO IMPROVE THE QUALITY OF LIFE FOR EACH PATIENT, RESIDENT, FAMILY MEMBER, VISITOR AND CO-WORKER.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$15.2M
-2.9% YoY
Annual Giving
$934K
Grant Count
1
Avg Grant Size
$934K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,237,566 | $15,688,485 | $15,447,465 |
| Revenue | $30,203,346 | $26,232,279 | $27,584,269 |
| Expenses | $28,697,781 | $22,922,754 | $23,381,029 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,433,313 | $500,942 | $266,663 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Magnolia Healthcare Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD T DASPIT SR | PRESIDENT | 10 | — |
| LOUIS HERRERO | SECRETARY | 10 | — |
| G STUART MURPHY III | TREASURER | 10 | — |
| TASHA MOSLEY | ADMINISTRATOR | 40 | $124,722 |
| JAMES BURKE | DIRECTOR OF MARKETING | 40 | $108,362 |
| CHARLOTTE ROXANNE DOUGLAS | STAFFING COORDINATOR | 40 | $105,257 |
| LACEY TERRELL | DIRECTOR OF NURSING | 40 | $101,076 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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