Magnolia Specialized Services Inc is a 501(c)(3) organization based in Magnolia, Arkansas, registered in 1967, with $3,681,592 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.7M
▲ 4.8% vs prior year
Human Services median: $293K
Expenses (FY2024)
$3.6M
Net assets
$2.2M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Magnolia Specialized Services Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Magnolia Specialized Services Inc: 7 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Magnolia Specialized Services Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Magnolia Specialized Services Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $2.4M (FY2013) to $3.7M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$167K
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,681,592▲4.8% | $3,559,046▼3.4% | $2,158,998▲8.7% | $2,325,519▲8.7% | 990 |
| 2023 | $3,511,565▲7.2% | $3,685,252▲4.3% | $1,986,582▼7.3% | $2,139,199▼8.7% | 990 |
| 2022 | $3,276,414▼10.7% | $3,534,135▲14.3% | $2,142,206▼10.6% | $2,343,833▼9.4% | 990 |
| 2021 | $3,668,699▲3.9% | $3,093,078▼2.2% | $2,395,284▲29.1% | $2,585,781▲4.5% | 990 |
| 2020 | $3,530,211▲32.5% | $3,163,340▲10.2% | $1,855,884▲26.2% | $2,473,317▲15.1% | 990 |
| 2019 | $2,663,493▼11.9% | $2,869,478▼6.5% | $1,470,744▼12.2% | $2,149,092▲6.5% | 990 |
| 2018 | $3,023,631▼3.6% | $3,068,589▼7.3% | $1,674,948▼2.6% | $2,017,651▼2.0% | 990 |
| 2017 | $3,136,084▼5.5% | $3,309,187▲6.9% | $1,719,923▼9.0% | $2,059,540▼9.1% | 990 |
| 2016 | $3,318,947▲10.0% | $3,096,584▲8.1% | $1,890,457▲12.6% | $2,264,658▲5.8% | 990 |
| 2014 | $3,015,856▲24.0% | $2,863,896▲18.2% | $1,679,326▲9.9% | $2,140,822▲7.6% | 990 |
| 2013 | $2,432,805 | $2,423,258 | $1,527,366▲0.6% | $1,989,053▼1.8% | 990 |
| 2012 | — | $2,423,039▲4.0% | $1,517,819▼3.1% | $2,026,492▼0.4% | 990 |
| 2011 | — | $2,330,928▲13.9% | $1,565,583▼1.7% | $2,033,873▲15.7% | 990 |
| 2010 | — | $2,046,829 | $1,591,924 | $1,757,745 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
17 grants to Magnolia Specialized Services Inc totaling $76K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Human services | 2022 | $25,000 |
| Arkansas Community Foundation Inc | To provide salary support and to purchase equipment for outdoor activities | 2019 | $16,141 |
| Arkansas Community Foundation Inc | Special olympics young athletes and physical ed class supplies | 2019 | $2,353 |
| Arkansas Community Foundation Inc | To purchase trikes, community riders, animal riders, roller boards, teeter totter and toddler helmets | 2019 | $1,693 |
| Arkansas Community Foundation Inc | Covid-19 minigrant in accordance with proposal submitted online | 2019 | $1,000 |
| Arkansas Community Foundation Inc | To help provide science learning centers in each classroom | 2018 | $2,500 |
| Arkansas Community Foundation Inc | General operating support | 2018 | $2,500 |
| Arkansas Community Foundation Inc | To purchase 2- 3 wheel scouters and 2-2 wheel scouters | 2018 | $1,136 |
| Arkansas Community Foundation Inc | To distribute arkansas gives funds | 2016 | $5,617 |
| Arkansas Community Foundation Inc | To purchase 3 new trykes | 2016 | $1,047 |
| Arkansas Community Foundation Inc | To help purchase books for story time and dramatic play | 2016 | $1,000 |
| Donor Advised Charitable Giving | Social services/social benefits | 2015 | $10,000 |
| Arkansas Community Foundation Inc | To distribute arkansas gives funds | 2015 | $3,193 |
| Arkansas Community Foundation Inc | In honor of margot and chris weiser | 2015 | $1,000 |
| Arkansas Community Foundation Inc | To help purchase a laminator | 2015 | $700 |
Explore more
Data for Magnolia Specialized Services Inc (EIN 71-0397527) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.