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 · View filing
Total Assets
$15.2M
-2.9% YoY
Annual Giving
$934K
Grant Count
1
Avg Grant Size
$934K
About Magnolia Healthcare Inc
Based on IRS filings
Magnolia Healthcare Inc is a nonprofit organization, based in BATON ROUGE, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.2M in total assets. In 2024, it awarded 1 grants totaling $934K. Net investment income was $1.4M.
Ready to take the next step with Magnolia Healthcare Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
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
Among its reported 2024 grants, the largest include Carrollwood Health Foundation Inc ($934,261).
| Recipient | Purpose | Amount |
|---|---|---|
| CARROLLWOOD HEALTH FOUNDATION INC BATON ROUGE, LA | OPERATIONS | $934,261 |
Leadership & 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 |
Frequently Asked Questions
How large is Magnolia Healthcare Inc?
As of 2024, Magnolia Healthcare Inc holds $15.2M in total assets with $30.2M in annual revenue. It awarded 1 grants totaling $934K in 2024.
Where does Magnolia Healthcare Inc operate?
Magnolia Healthcare Inc has awarded grants in Louisiana.
What size grants does Magnolia Healthcare Inc award?
In 2024, Magnolia Healthcare Inc awarded 1 grants totaling $934K — an average of about $934K per grant, based on its IRS Form 990 filings.
What is Magnolia Healthcare Inc's EIN?
Magnolia Healthcare Inc's EIN (Employer Identification Number) is 72-1304946. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Magnolia Healthcare Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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