Magnolia Harbor Carefarm

Nonprofit profile at a glance

EIN
881534516
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Powell, TN, USA
Phone
8507766297
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Counseling, Support Groups

Reported finances

Revenue
$71,031
Expenses
$59,743
Assets
$26,039
Liabilities
$4,994

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

People named in this filing

  • BREE CONKLIN (CHAIRPERSON)
  • LYLE CONKLIN (TREASURER)
  • CHRISTINA PERKINS (VICE CHAIR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide sanctuary to all beings and holistic therapy to those who have experienced traumatic grief or trauma.

What it reported doing in 2025

Retreats-these are events that take place throughout the year to provide a therapeutic time and space. In 2025, the widows and kiddos retreat served 35 individuals, suicide loss retreat served 15 individuals and the caregivers retreat served 22 individuals.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.4%; rating input score 71
  • Program expense ratio: 84.9%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 15.9%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 16.5% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 34.3% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 91% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 71.4% of revenue deployed · 84.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $51K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Total-asset coverage ratio scored 29/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.