Overview
What is Magnolia Society Inc?
Magnolia Society Inc is a nonprofit organization based in Cincinnati, Ohio, with an address at 425 Walnut Street Suite 1800. Their primary mission is to disseminate information and encourage the growth of the genus Magnolia, which encompasses a variety of beautiful and historically significant trees. They achieve this through the publication of a journal titled Magnolia, which provides valuable insights into the culture, growth, history, and taxonomy of magnolias. With approximately 402 members, the Magnolia Society Inc serves as a community for those passionate about these distinctive plants, fostering a rich exchange of knowledge to help them thrive.
Official website here: www.magnoliasociety.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Magnolia Society Inc has achieved a strong 97% rating on Charity Navigator, indicating high standards in accountability and finance. The organization received a perfect score in all evaluated areas, showcasing a well-structured governance model with a fully independent board and no material diversion of assets. This level of transparency and adherence to policies reflects a commitment to responsible financial management.
One notable strength of Magnolia Society Inc is its program expense ratio, which stands at an impressive 100%. This suggests that the organization is effectively directing all its resources towards its programs and services, maximizing the impact of its efforts. Additionally, the presence of comprehensive policies, such as those for conflicts of interest and whistleblowing, contributes to a strong ethical framework.
While the data highlights numerous strengths, there are no specific limitations or areas of concern noted in the feedback. Overall, Magnolia Society Inc demonstrates exceptional operational integrity, making it a trustworthy choice for donors looking to support a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Magnolia Society Inc legitimate?
Magnolia Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magnolia Society 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.magnoliasociety.org
What is the mission statement of Magnolia Society Inc?
The Magnolia Society Inc is dedicated to spreading knowledge and fostering growth in the genus Magnolia. Their mission involves the dissemination of information, largely focusing on the cultivation, history, and taxonomy of magnolias. To achieve this, they publish a journal called Magnolia, which serves as a primary source of information about these intriguing plants. With approximately 402 members, the organization is committed to advancing botanical research and conservation efforts related to magnolias.
Official website here: www.magnoliasociety.org
Who is the CEO of Magnolia Society Inc?
Robert E Rich is the President of Magnolia Society Inc.
Official website here: www.magnoliasociety.org
What is the revenue of Magnolia Society Inc?
Magnolia Society Inc's revenue in 2022 was $76,307.
Official website here: www.magnoliasociety.org
Who are the executives of Magnolia Society Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.magnoliasociety.org
Where can I find the form 990 for Magnolia Society Inc?
Magnolia Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magnoliasociety.org
Learn more at the official website: www.magnoliasociety.org
Mission Statement of Magnolia Society Inc
The Magnolia Society Inc, a renowned organization, is dedicated to the dissemination of information and the encouragement of growth within the genus Magnolia. Their primary mission is to share knowledge about the culture, growth, history, and taxonomy of Magnolias. To achieve this, they publish a journal called Magnolia, which serves as a comprehensive resource for all things related to these magnificent plants. With over 400 members, this society is a hub for those passionate about Magnolias, fostering a community that values research, education, and conservation.
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Impact
June, 2024
Magnolia Society Inc has a significant impact on promoting the growth and appreciation of the genus Magnolia. Through their educational initiatives, botanical research, and conservation efforts, they contribute to the preservation and understanding of these beautiful and diverse flowering plants. By publishing "Magnolia," a journal dedicated to the culture, growth, history, and taxonomy of Magnolias, they provide valuable information to their members and the broader community. With a clear mission to disseminate information and encourage the growth of Magnolias, Magnolia Society Inc plays a crucial role in promoting environmental awareness and conservation efforts related to this unique genus.
This information is meant to be a general summary of Magnolia Society 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: $18,349
- Program Service Revenue: $11,954
- Gross Receipts: $213,302
Assets and Liabilities:
- Total Assets: $341,661
- Total Liabilities: $0
- Net Assets: $341,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
2022 GERMANY CONVENTIO
Revenue
$7,554
SEED DISTRIBUTION
Revenue
$4,382
JOURNAL ISSUES
Revenue
$18
Organization Details
Founding Year
1978
Phone
(513) 381-2838Principal Officer
Robert E Rich
Main Address
425 WALNUT STREET SUITE 1800, CINCINNATI, OH, 452023957
Website
www.magnoliasociety.orgNTEE Category
Code: C42 - Environment
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