Overview
What is Magnolia Heights School Inc?
Magnolia Heights School Inc, situated as a college preparatory institution, serves around 600 students from grades K to 12. Its mission is multi-dimensional, encompassing not just academic growth, but also the moral, physical, and spiritual development of each student. As a comprehensive educational institution, it strives to foster well-rounded individuals, preparing them for higher education and beyond.
Official website here: www.magnoliaheights.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Two-Star out of Four Stars (Needs Improvement)
Magnolia Heights School Inc has received a rating of 73% from Charity Navigator, indicating a need for improvement in certain areas. The organization boasts a fully independent board, which signifies strong governance practices. Additionally, it has a positive program expense ratio of 100%, suggesting that all funds are allocated towards its programs rather than administrative costs, which is a significant strength.
However, there are notable limitations that affect the overall rating. The organization has not provided financial statements, which is critical for transparency, resulting in a score of zero for that criterion. Additionally, essential policies such as a whistleblower policy and a document retention and destruction policy are missing, which raises concerns about accountability and operational practices.
While the school demonstrates strong governance and an effective allocation of resources, the lack of financial transparency and necessary policies suggests areas that require urgent attention. Enhancing these aspects could improve its rating and reinforce trust among stakeholders and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Magnolia Heights School Inc legitimate?
Magnolia Heights School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Heights School Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $171,615
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,177,748
For more financial information, click here
Official website here: www.magnoliaheights.com
What is the mission statement of Magnolia Heights School Inc?
Magnolia Heights School Inc, as a college preparatory institution, is committed to educating its students holistically. The school aims to nurture its approximately 600 students in various aspects, including academics, morality, physical well-being, and spiritual growth. The educational approach at Magnolia Heights School goes beyond just academic excellence, encompassing the whole student's development.
Official website here: www.magnoliaheights.com
Who is the CEO of Magnolia Heights School Inc?
Cliff Johnston is the Headmaster / of Magnolia Heights School Inc.
Official website here: www.magnoliaheights.com
What is the revenue of Magnolia Heights School Inc?
Magnolia Heights School Inc's revenue in 2022 was $7,346,187.
Official website here: www.magnoliaheights.com
Who are the executives of Magnolia Heights School Inc and what are their salaries?
The average compensation at Magnolia Heights School Inc during 2022 was $23,924. There are 140 employees at Magnolia Heights School Inc.
Here are 16 key members and their salaries:
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Official website here: www.magnoliaheights.com
Where can I find the form 990 for Magnolia Heights School Inc?
Magnolia Heights School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magnoliaheights.com
Learn more at the official website: www.magnoliaheights.com
Mission Statement of Magnolia Heights School Inc
Magnolia Heights School, a college preparatory institution, is dedicated to the holistic education of its students. Serving around 600 learners from grades K to 12, the school aims to nurture their academic, moral, physical, and spiritual growth. By providing a comprehensive educational experience, Magnolia Heights School aspires to equip its students with the necessary skills and values to succeed in higher education and beyond.
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Impact
July, 2024
Magnolia Heights School Inc is making a significant impact by providing a college preparatory education to approximately 600 students in Senatobia, MS. By focusing on the academic, moral, physical, and spiritual development of each student, the school is shaping well-rounded individuals prepared for higher education and beyond. This commitment to holistic education is contributing to the growth and success of the students and the community as a whole.
This information is meant to be a general summary of Magnolia Heights School Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $91,044
- Program Service Revenue: $4,966,653
- Gross Receipts: $7,346,187
Assets and Liabilities:
- Total Assets: $14,372,497
- Total Liabilities: $6,669,318
- Net Assets: $7,703,179
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$4,353,329
MISCELLANEOUS INCOME
Revenue
$314,208
COMPUTER / TECHNOLOGY FEES
Revenue
$130,550
SEMESTER FEES
Revenue
$91,320
FUND RAISING - NET
Revenue
$77,246
Organization Details
Founding Year
2003
Phone
(662) 562-4491Principal Officer
Cliff Johnston
Main Address
1 CHIEFS DRIVE, SENATOBIA, MS, 38668
Website
www.magnoliaheights.comNTEE Category
Code: B242 - Education
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