PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Foundation Health Services Inc

Magnolia Healthcare Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$26.2M (2023)

Expenses
$22.9M (2023)

Total Assets
$15.7M (2023)

Total Liabilities
$13.7M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,232,279
Expenses
$22,922,754
Net Income
$3,309,525
Net Assets
$2,015,849
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,698,895
10.3%
Program Services $22,988,483
87.6%
Investment Income $498,342
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,600
0.0%
Net Inventory Sales $0
Other Revenue $43,959
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,146,408
44.3%
Assets/Debt
Total Assets $15,688,485
Total Liabilities $13,672,636
Net Assets $2,015,849
Compensation
Key Employees and Officers Compensation Related Other
Scott Matthews (Administrator) $127,543 $0 $5,248
Vivian Richardson (Director Of Clinical Services) $122,331 $0 $5,248
Tasha Mosley (Administrator) $110,721 $0 $99
Richard T Daspit Sr (President) $0 $239,553 $6,528
Louis Herrero (Secretary) $0 $12,000 $0
G Stuart Murphy Iii (Treasurer) $0 $12,000 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,584,269
Expenses
$23,381,029
Net Income
$4,203,240
Net Assets
-$1,293,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,056,397
11.1%
Program Services $22,199,058
80.5%
Investment Income $266,663
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,062,151
7.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,677,753
45.7%
Assets/Debt
Total Assets $15,447,465
Total Liabilities $16,741,141
Net Assets -$1,293,676
Compensation
Key Employees and Officers Compensation Related Other
Tasha Mosley (Administrator) $124,907 $0 $99
Scott Matthews (Administrator) $115,900 $0 $5,602
Richard T Daspit Sr (President) $0 $222,870 $5,835
Louis Herrero (Secretary) $0 $12,000 $0
G Stuart Murphy Iii (Treasurer) $0 $12,000 $0
Lonnie Peeler (Chief Operating Officer) $0 $190,310 $5,878
Kimberly L Joyce (Chief Financial Officer) $0 $118,207 $5,908
Richard Daspit Jr (Cio) $0 $109,187 $6,082

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,883,719
Expenses
$21,653,810
Net Income
$1,229,909
Net Assets
-$5,496,916
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,231,661
9.8%
Program Services $20,428,894
89.3%
Investment Income $121,815
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $101,349
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,501,541
43.9%
Assets/Debt
Total Assets $13,978,378
Total Liabilities $19,475,294
Net Assets -$5,496,916
Compensation
Key Employees and Officers Compensation Related Other
Vicky Mclean Md (Chief Medical Director) $229,426 $0 $0
Tasha Mosley (Administrator) $124,854 $0 $0
Gwendolyn Brown (Nurse Consultant) $121,036 $0 $4,064
Scott Matthews (Administrator) $113,379 $0 $4,491
Valerie Richardson (Nursing Administration) $112,324 $0 $4,623
Yolanda Bridges (Director Of Nurses) $102,635 $0 $4,287
Kimberly L Joyce (Chief Financial Officer) $41,420 $0 $1,944
Richard T Daspit Sr (President) $0 $221,140 $5,666
Louis Herrero (Secretary) $0 $7,000 $0
G Stuart Murphy Iii (Treasurer) $0 $7,000 $0
Richard Daspit Jr (Cio) $0 $101,792 $5,858
Lonnie Peeler (Chief Operating Officer) $0 $180,148 $5,672
Brandon Holleman (Chief Financial Officer) $0 $92,638 $3,111

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,897,266
Expenses
$22,846,019
Net Income
$2,051,247
Net Assets
-$6,726,825
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,880,406
11.6%
Program Services $21,477,946
86.3%
Investment Income $23,638
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$270
Net Inventory Sales $0
Other Revenue $515,546
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $10,398,467
45.5%
Assets/Debt
Total Assets $14,643,848
Total Liabilities $21,370,673
Net Assets -$6,726,825
Compensation
Key Employees and Officers Compensation Related Other
Vicky Pilkington Md (Chief Medical Director) $230,431 $0 $0
Tasha Mosley (Administrator) $118,295 $0 $51
John Ncdanials (Administrator) $115,322 $0 $5,103
Gwendolyn Brown (Don) $113,387 $0 $4,623
Scott Matthews (Administrator) $107,991 $0 $4,044
Anita Peek (Director Of Clinical Services) $107,091 $0 $4,207
Richard T Daspit Sr (President) $0 $231,679 $5,523
Louis Herrero (Secretary) $0 $7,000 $0
G Stuart Murphy Iii (Treasurer) $0 $7,000 $0
Richard Daspit Jr (Cio) $0 $100,686 $5,672
Lonnie Peeler (Chief Operating Officer) $0 $187,960 $5,521
Brandon Holleman (Chief Financial Officer) $0 $135,708 $5,155

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,598,489
Expenses
$21,546,937
Net Income
$51,552
Net Assets
-$8,778,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,000
0.0%
Program Services $21,322,391
98.7%
Investment Income $137,983
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$5,050
Net Inventory Sales $0
Other Revenue $138,165
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,582,750
44.5%
Assets/Debt
Total Assets $12,942,609
Total Liabilities $21,720,681
Net Assets -$8,778,072
Compensation
Key Employees and Officers Compensation Related Other
Vicky Pilkington Md (Chief Medical Director) $223,747 $0 $0
Anita Peek (Director Of Clinical Services) $126,112 $0 $5,013
Susan Steen (Don) $115,813 $0 $5,013
Marjorie Guthrie (Administrator) $115,806 $0 $5,013
Gwendolyn Brown (Don) $114,006 $0 $4,623
John Ncdanials (Administrator) $103,737 $0 $1,292
Richard T Daspit Sr (President) $0 $223,232 $5,493
Louis Herrero (Secretary) $0 $6,000 $0
G Stuart Murphy Iii (Treasurer) $0 $6,000 $0
Richard Daspit Jr (Cio) $0 $93,444 $5,619
Cynthia Gayle (Chief Operating Officer) $0 $109,518 $5,493
Lonnie Peeler (Chief Operating Officer) $0 $178,434 $5,493
Brandon Holleman (Chief Financial Officer) $0 $126,664 $5,767

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,798,422
Expenses
$20,644,811
Net Income
$153,611
Net Assets
-$8,829,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,560,283
98.9%
Investment Income $128,453
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,453
Net Inventory Sales $0
Other Revenue $111,139
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,085,296
44.0%
Assets/Debt
Total Assets $13,331,499
Total Liabilities $22,161,123
Net Assets -$8,829,624
Compensation
Key Employees and Officers Compensation Related Other
Ezell Landrum (Rn) $125,673 $0 $4,709
Susan Steen (Don) $109,201 $0 $4,901
Gwendolyn Brown (Nurse Consultant) $107,808 $0 $4,709
Marjorie Guthrie (Administrator) $107,641 $0 $4,901
Evelyn Sherdon (Don) $102,260 $0 $4,709
Richard T Daspit Sr (President) $0 $223,051 $5,381
A D Buffington (Vice President) $0 $0 $0
Louis Herrero (Secretary) $0 $6,000 $0
G Stuart Murphy Iii (Treasurer) $0 $6,000 $0
Richard Daspit Jr (Cio) $0 $91,328 $5,413
Michael Peeler Smith (Chief Compliance Officer) $0 $54,338 $4,025
Lonnie Peeler (Chief Operating Officer) $0 $171,269 $5,381
Brandon Holleman (Chief Financial Officer) $0 $88,219 $5,450
Cynthia Gayle (Chief Hr/Risk Mgmt Officer) $0 $107,218 $5,381

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,566,814
Expenses
$20,107,253
Net Income
$459,561
Net Assets
-$8,983,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,334,923
98.9%
Investment Income $109,153
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$538
Net Inventory Sales $0
Other Revenue $123,276
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,556,251
42.6%
Assets/Debt
Total Assets $12,487,233
Total Liabilities $21,470,468
Net Assets -$8,983,235
Compensation
Key Employees and Officers Compensation Related Other
Marjorie Guthrie (Administrator) $112,559 $0 $4,875
Gwendolyn Brown (Nurse Consultant) $106,042 $0 $4,749
Richard T Daspit Sr (President) $0 $220,562 $5,335
G Stuart Murphy Iii (Treasurer) $0 $6,000 $0
Louis Herrero (Secretary) $0 $6,000 $0
A D Buffington (Vice President) $0 $0 $0
Lonnie Peeler (Chief Operating Officer) $0 $173,254 $5,355
Cynthia Pittman (Cfo) $0 $52,039 $1,786
Brandon Holleman (Vp Of Finance) $0 $54,223 $3,569
Michael Peeler Smith (Chief Compliance Officer) $0 $134,673 $4,910
Cynthia Gayle (Chief Hr/Risk Mgmt Officer) $0 $103,833 $5,355

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,318,402
Expenses
$19,215,575
Net Income
$102,827
Net Assets
-$9,442,796
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,074,849
98.7%
Investment Income $103,411
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $140,142
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,387,299
43.6%
Assets/Debt
Total Assets $12,520,761
Total Liabilities $21,963,557
Net Assets -$9,442,796
Compensation
Key Employees and Officers Compensation Related Other
Marjorie Guthrie (Administrator) $104,114 $0 $0
Gwendolyn Brown (Nurse Consultant) $103,462 $0 $0
Richard T Daspit Sr (President) $0 $193,683 $1,500
Stuart G Murphy Iii (Treasurer) $0 $6,000 $0
Louis Herrero (Secretary) $0 $6,000 $0
A D Buffington (Vice President) $0 $0 $0
Lonnie Peeler (Chief Operating Officer) $0 $163,668 $10,500
Cynthia Pittman (Cfo) $0 $135,465 $1,500
Michael Peeler Smith (Chief Compliance Officer) $0 $146,390 $1,500

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,639,728
Expenses
$20,576,402
Net Income
$63,326
Net Assets
-$9,545,623
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,424,428
99.0%
Investment Income $72,186
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $143,114
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,245,231
40.1%
Assets/Debt
Total Assets $13,774,111
Total Liabilities $23,319,734
Net Assets -$9,545,623
Compensation
Key Employees and Officers Compensation Related Other
Gwendolyn Brown (Nurse Consultant) $102,078 $0 $4,813
Richard T Daspit Sr (President) $0 $214,603 $5,359
Stuart G Murphy Iii (Treasurer) $0 $6,000 $0
Thomas Echols (Vice President) $0 $5,000 $0
Louis Herrero (Secretary) $0 $6,000 $0
A D Buffington (Director) $0 $0 $0
Cynthia Pittman (Cfo) $0 $143,572 $5,359
Chris Peeler (Chief Operating Officer) $0 $161,463 $5,359
Michael Smith (Chief Compliance Officer) $0 $145,531 $5,359

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,871,885
Expenses
$20,468,897
Net Income
$402,988
Net Assets
-$9,608,949
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,253,504
97.0%
Investment Income $53,647
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $564,734
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,280,169
40.5%
Assets/Debt
Total Assets $14,705,857
Total Liabilities $24,314,806
Net Assets -$9,608,949
Compensation
Key Employees and Officers Compensation Related Other
Gwendolyn Brown (Nurse Consultant) $100,004 $0 $7,239
Richard T Daspit Sr (President) $0 $221,518 $6,772
Stuart G Murphy Iii (Treasurer) $0 $6,000 $0
Thomas Echols (Vice President) $0 $6,000 $0
Louis Herrero (Secretary) $0 $6,000 $0
A D Buffington (Director) $0 $0 $0
Cynthia Pittman (Cfo) $0 $135,584 $6,772
Chris Peeler (Chief Operating Officer) $0 $142,391 $6,772

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,991,369
Expenses
$20,770,604
Net Income
$220,765
Net Assets
-$10,011,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,576,268
98.0%
Investment Income $391,066
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,035
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,364,792
40.3%
Assets/Debt
Total Assets $15,068,596
Total Liabilities $25,080,533
Net Assets -$10,011,937
Compensation
Key Employees and Officers Compensation Related Other
Diane M Kelly (Administrator) $100,057 $0 $5,109
Richard T Daspit Sr (President) $0 $211,862 $5,289
Stuart G Murphy Iii (Treasurer) $0 $6,000 $0
Thomas Echols (Vice President) $0 $6,000 $0
Louis Herrero (Secretary) $0 $6,000 $0
A D Buffington (Director) $0 $0 $0
Cynthia Pittman (Cfo) $0 $125,734 $5,289
Michael Smith (Chief Operating Officer) $0 $174,484 $5,289

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,369,491
Expenses
$20,891,097
Net Income
$1,478,394
Net Assets
-$10,232,702
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,948,407
98.1%
Investment Income $127,305
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $293,779
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,363,185
40.0%
Assets/Debt
Total Assets $15,469,788
Total Liabilities $25,702,490
Net Assets -$10,232,702

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,619,265
Expenses
$20,600,957
Net Income
$1,018,308
Net Assets
-$11,711,096
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,484,578
99.4%
Investment Income $110,239
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,448
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,269,888
40.1%
Assets/Debt
Total Assets $14,895,750
Total Liabilities $26,606,846
Net Assets -$11,711,096

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »