Overview

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Est.

2020

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Magnolia Regional Health System INC is a nonprofit organization dedicated to providing excellent healthcare services and education to all individuals, with a focus on in-patient medical care. Operating with a budget of $31.6 million and generating total revenue of $25.1 million in 2024, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at magnoliamrc.org.

Mission Statement

TO PROVIDE EXCELLENT HEALTHCARE SERVICES AND EDUCATION TO ALL INDIVIDUALS.
Revenues
$25.1M
Expenses
$31.6M
Net Income:
-$6.5M
Assets
$32.1M
Liabilities
$5.5M
Net Assets:
+$26.7M
Operating Budget
$31.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20.9K
Largest grant received
$20.9K
B
Brett Kinman
Board Member
J
Johnathan Alexander Jr
Board Member
A
Angie Glass
Board Member

Frequently Asked Questions

What is Magnolia Regional Health System INC’s budget?
In 2024, Magnolia Regional Health System INC reported an annual operating budget of around $31.6 million. More detailed financial information is available to registered users.
What causes does Magnolia Regional Health System INC support?
Magnolia Regional Health System INC supports work in In-patient medical care.
Where does Magnolia Regional Health System INC operate?
Magnolia Regional Health System INC is headquartered in Magnolia, AR.
Who funded Magnolia Regional Health System INC recently?
In 2024, Magnolia Regional Health System INC received grants from ARKANSAS HOSPITAL ASSOCIATION INC and ARKANSAS HOSPITAL ASSOCIATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Magnolia Regional Health System INC received in 2024?
The largest grant to Magnolia Regional Health System INC in 2024 exceeds $21 thousand.
What is Magnolia Regional Health System INC’s reliance on government grants?
Magnolia Regional Health System INC relied on government grants for more than 5% of their total revenue in 2024.