Magnolia Community Development Corp
Nonprofit profile at a glance
- EIN
- 453733905
- IRS 990-EZ coverage
- 2020–2023
- Forms available
- Form 990 2022, Form 990-EZ 2023, Form 990-N 2017
- Location
- Opelousas, LA, USA
- Phone
- 3373510045
- Rating confidence
- Limited
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $98,835
- Expenses
- $193,013
- Assets
- $189,900
- Liabilities
- $614,254
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- BRADLEY MAYFIELD (Vice President)
- PAUL SCOTT (President)
People named in this filing
- BRADLEY MAYFIELD (Vice President)
- PAUL SCOTT (President)
- CHARLES MINIEX (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Housing - renovated and repaired 6 veteran owned homes through the fhlb snap program and the hac ahrv program.
What it reported doing in 2023
Built and sold 1 house to low income families
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -95.3%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 3.23; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 30.2%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 86.8% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 17.6% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 48.8% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2020 to 2023
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 9/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 6/100.