Magnolia Speech School

What it reported doing in 2024

Magnolia speech school exists to teach children with significant communicative disorders, including hearing loss and severe language disorders, to listen and understand, to speak and to be understood and to read with comprehension. The goal of the school is to prepare these students to reach their full potential and graduate from the program to mainstream successfully into a more conventional educational setting in their local school districts or their local neighborhood school of choice. Magnolia speech school offers a lifechanging curriculum with specific goals, criterion and activities listed for over 2,500 skills in the areas of audition, receptive language, expressive language, speech, reading, math, social studies, science, the association method, fine motor, gross motor, social interaction and auditory processing. Classes contain no more than 38 students with a teacher and an assistant. Support services are offered for audiology, speech pathology and occupational therapy as needed. In addition to classroom instruction, students participate in physical education and music. Each student has a service plan as outlined by the ms department of education. Other services include evaluation and outpatient services in the hackett bower clinic at magnolia speech school and a statewide home based early intervention program for infants and toddlers with hearing loss. The school serves children throughout Mississippi (many commute and/or relocate for these unique, lifechanging educational services).magnolia speech school has extraordinary success in transitioning children who are deaf, hard of hearing and languaged disordered into regular education. Records indicate that in the last 15 years, the school has mainstreamed 74% of the students to regular classes with 10% more returning to their local school district with some resource help in speech and/or reading. At magnolia speech school every student's progress is tracked through criterion referenced goals that are listed on a service plan (similar to an iep), by annual formal evaluations and by an analysis of ongoing language samples. The school maintains an accredited status from the ms department of education and the advanced network.

Financial Efficiency

• Mission deployment rate: 64%; rating input score 64
• Program expense ratio: 84.9%; rating input score 85
• Fundraising efficiency: $105.87 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 7 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 26.7%; rating input score 82; 82nd percentile among comparable filings
• Total-asset coverage ratio: 5.73; rating input score 85; 85th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

• Program expense growth: 0.7% per year; rating input score 100; 16th percentile among comparable filings
• Revenue growth: 5.1% per year; rating input score 100; 42nd percentile among comparable filings
• Asset growth: 18.3% per year; rating input score 100; 81st percentile among comparable filings