Liabilities / Assets
17th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2021 • EIN 20-3033260
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
17th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
17th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
53rd percentile
Faster revenue growth than 53% of similar nonprofits.
Assets
Up$1,110,332
Up $207,290 (+23%) from 2020
Net Assets
Up$1,110,332
Up $207,290 (+23%) from 2020
Liabilities
Flat$0
Flat from 2020
Revenue
Up$197,075
Up $26,208 (+15%) from 2020
Expenses
Up$98,983
Up $5,624 (+6.0%) from 2020
Net Income
Up$98,092
Up $20,584 (+27%) from 2020
The foundation provides disaster relief payments to families and employees of members of the electric power associations of mississippi (a.a.l.). The foundation also provides scholarships as detailed in part iii, line b.
The foundation awards scholarships for higher education to children of employees of mississippi's various electric cooperatives, certain participants in the ecm youth tour program and to electrical engineering candidates located in rural electric service areas in mississippi. In addition , the foundation provides other assistance consistent with its exempt purpose.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $700,723 | $857,701 | ▲ $156,978 |
| Cash and Non-Interest-Bearing Accounts | $189,699 | $223,204 | ▲ $33,505 |
| Savings and Temporary Cash Investments | $12,620 | $29,427 | ▲ $16,807 |
| Total Assets | $903,042 | $1,110,332 | ▲ $207,290 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $727,754 | $1,110,332 | ▲ $382,578 |
| Net Assets With Donor Restrictions | $175,288 | - | - |
| Total Net Assets Fund Balance | $903,042 | $1,110,332 | ▲ $207,290 |
| Total Liabilities and Net Assets / Fund Balance | $903,042 | $1,110,332 | ▲ $207,290 |
| Name | Title |
|---|---|
| Randy Smith | Chairman |
| Barry Rowland | Vice-chairma |
| Brian Hughey | Director |
| Brian Long | Director |
| Keith Hayward | Director |
| Kevin Bonds | Director |
| Kevin Doddridge | Director |
| Ron Barnes | Director |
| Michael Callahan | Sec-treasure |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $92,000 |
| Other Expenses | $6,983 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $62,000 | - | - | $62,000 |
| Grants to Domestic Orgs | $30,000 | - | - | $30,000 |
| Fees for Service Investment Mgmnt Fees | - | $3,833 | - | $3,833 |
| Fees for Services Accounting | - | $3,100 | - | $3,100 |
| Office Expenses | - | $50 | - | $50 |
| Total Functional Expenses | $92,000 | $6,983 | $0 | $98,983 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Assn of La Electric Coops | Baton Rouge, LA | 6 | Disaster Relief | $20,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Foundation secretary-treasurer reviewed 990.”
“Annually, all interested persons shall sign a statement in which such interested person discloses all financial interests as defined in the policy.”
“The organization does makes its governing documents available to the general public upon request.”
“The foundation awards scholarships for higher education to children of employees of mississippi's various electric cooperatives, certain participants in the ecm youth tour program and to electrical engineering candidates located in rural electric service areas in mississippi. In addition , the foundation provides other assistance consistent with its exempt purpose.”
“The foundation shares facilities and employees with the electric cooperatives of mississippi, a irc 501 c 6 organization. All fundraising for the foundation is provided by ecm employees. The foundation does not reimburse ecm for this service.”
“Donations to other public charities with similar objectives.”
“The foundation is exempt from income taxes under internal revenue code section 501(c)(3). Accounting rules prescribe when to recognize and how to measure the financial statement effect, if any, of income tax positions taken or expected to be taken on income tax returns including the position that the foundation will continue to qualify as a tax exempt organization. Management evaluates the likelihood that, upon examination by relevant taxing jurisdictions, those income tax positions would be sustained.based on that evaluation, if it were more than 50% probable that a material amount of income tax would be imposed on the foundation upon examination by the relevant taxing authorities, a liability would be recognized in the statements of financial position along with any interest and penalties resulting from that assessment. Should any penalties and interest be incurred, the foundation's policy would be to recognize them as expenses. Based on management's evaluation, no liabilities or penalties and interest were required to be recorded for uncertain tax positions for the years ended june 30, 2021 and 2020. Years that remain subject to examination by the internal revenue service include the years ended june 30, 2021, 2020 and 2019.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE FOUNDATION AWARDS SCHOLARSHIPS FOR HIGHER EDUCATION TO CHILDREN OF EMPLOYEES OF MISSISSIPPI'S VARIOUS ELECTRIC COOPERATIVES, CERTAIN PARTICIPANTS IN THE ECM YOUTH TOUR PROGRAM AND TO ELECTRICAL ENGINEERING CANDIDATES LOCATED IN RURAL ELECTRIC SERVICE AREAS IN MISSISSIPPI. IN ADDITION , THE FOUNDATION PROVIDES OTHER ASSISTANCE CONSISTENT WITH ITS EXEMPT PURPOSE. |
| IRS990/AllOtherContributionsAmt | 0 | 128646 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MICHAEL CALLAHAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6016058600 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 3300 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | RIDGELAND |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 39158 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 189699 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 223204 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 128646 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 92000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 68429 |
| IRS990/CYOtherExpensesAmt | 0 | 6983 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 98092 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 98983 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 197075 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | PROVISION OF SCHOLARSHIPS TO CHILDREN OF EMPLOYEES OF MEMBERS OF THE ELECTRIC COOPERATIVES OF MISSISSIPPI (A.A.L.), ELECTRICAL ENGINEERING CANDIDATES IN THE STATE OF MISSISSIPPI LOCATED IN RURAL ELECTRIC SERVICE TERRITORIES, AND TO ELECTRIC COOPERATIVES OF MS (A.A.L.) YOUTH TOUR AWARD WINNERS FOR HIGHER EDUCATION. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 175288 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 57500 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 3100 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 3100 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 3833 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 3833 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 39.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.50 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | RON BARNES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KEVIN BONDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL CALLAHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KEVIN DODDRIDGE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KEITH HAYWARD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BRIAN HUGHEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BRIAN LONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BARRY ROWLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | RANDY SMITH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SEC-TREASURE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VICE-CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CHAIRMAN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 15893 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 32820 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantAmt | 0 | 57500 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 62000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 62000 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 30000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 30000 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 15893 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 245227 |
| IRS990/GrossReceiptsAmt | 0 | 409482 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 18441 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1275 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 19716 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 700723 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 857701 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MS |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 212407 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE FOUNDATION AWARDS SCHOLARSHIPS FOR HIGHER EDUCATION TO CHILDREN OF EMPLOYEES OF MISSISSIPPI'S VARIOUS ELECTRIC COOPERATIVES, CERTAIN PARTICIPANTS IN THE ECM YOUTH TOUR PROGRAM AND TO ELECTRICAL ENGINEERING CANDIDATES LOCATED IN RURAL ELECTRIC SERVICE AREAS IN MISSISSIPPI. IN ADDITION , THE FOUNDATION PROVIDES OTHER ASSISTANCE CONSISTENT WITH ITS EXEMPT PURPOSE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 903042 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1110332 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 15893 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 32820 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 48713 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 109198 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 727754 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1110332 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 50 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 50 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | MICHAEL CALLAHAN |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | DISASTER RELIEF PAYMENTS FOR EMPLOYEES OF MEMBERS OF THE ELECTRIC COOPERATIVES OF MISSISSIPPI. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 33000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 33000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ASSISTANCE TO FAMILIES OF BURN VICTIMS WHO WORK FOR MUNICIPAL UTILITIES OR ELECTRIC COOPERATIVES IN NORTH MISSISSIPPI. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 1500 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 1500 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | DONATIONS TO OTHER PUBLIC CHARITIES WITH SIMILAR OBJECTIVES. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 138845 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 86515 |
| IRS990/PYInvestmentIncomeAmt | 0 | 32022 |
| IRS990/PYOtherExpensesAmt | 0 | 6844 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 77508 |
| IRS990/PYTotalExpensesAmt | 0 | 93359 |
| IRS990/PYTotalRevenueAmt | 0 | 170867 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 98092 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 12620 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 29427 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 128646 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 136845 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 189914 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 110216 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 116481 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 682102 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 19716 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 16718 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15953 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11756 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10953 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 75096 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2889 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.62840 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.68180 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 475804 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 206298 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 128646 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING RULES PRESCRIBE WHEN TO RECOGNIZE AND HOW TO MEASURE THE FINANCIAL STATEMENT EFFECT, IF ANY, OF INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON INCOME TAX RETURNS INCLUDING THE POSITION THAT THE FOUNDATION WILL CONTINUE TO QUALIFY AS A TAX EXEMPT ORGANIZATION. MANAGEMENT EVALUATES THE LIKELIHOOD THAT, UPON EXAMINATION BY RELEVANT TAXING JURISDICTIONS, THOSE INCOME TAX POSITIONS WOULD BE SUSTAINED.BASED ON THAT EVALUATION, IF IT WERE MORE THAN 50% PROBABLE THAT A MATERIAL AMOUNT OF INCOME TAX WOULD BE IMPOSED ON THE FOUNDATION UPON EXAMINATION BY THE RELEVANT TAXING AUTHORITIES, A LIABILITY WOULD BE RECOGNIZED IN THE STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY INTEREST AND PENALTIES RESULTING FROM THAT ASSESSMENT. SHOULD ANY PENALTIES AND INTEREST BE INCURRED, THE FOUNDATION'S POLICY WOULD BE TO RECOGNIZE THEM AS EXPENSES. BASED ON MANAGEMENT'S EVALUATION, NO LIABILITIES OR PENALTIES AND INTEREST WERE REQUIRED TO BE RECORDED FOR UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2021 AND 2020. YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE INCLUDE THE YEARS ENDED JUNE 30, 2021, 2020 AND 2019. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION AWARDS SCHOLARSHIPS FOR HIGHER EDUCATION TO CHILDREN OF EMPLOYEES OF MISSISSIPPI'S VARIOUS ELECTRIC COOPERATIVES, CERTAIN PARTICIPANTS IN THE ECM YOUTH TOUR PROGRAM AND TO ELECTRICAL ENGINEERING CANDIDATES LOCATED IN RURAL ELECTRIC SERVICE AREAS IN MISSISSIPPI. IN ADDITION , THE FOUNDATION PROVIDES OTHER ASSISTANCE CONSISTENT WITH ITS EXEMPT PURPOSE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE FOUNDATION SHARES FACILITIES AND EMPLOYEES WITH THE ELECTRIC COOPERATIVES OF MISSISSIPPI, A IRC 501 C 6 ORGANIZATION. ALL FUNDRAISING FOR THE FOUNDATION IS PROVIDED BY ECM EMPLOYEES. THE FOUNDATION DOES NOT REIMBURSE ECM FOR THIS SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DONATIONS TO OTHER PUBLIC CHARITIES WITH SIMILAR OBJECTIVES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FOUNDATION SECRETARY-TREASURER REVIEWED 990. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ANNUALLY, ALL INTERESTED PERSONS SHALL SIGN A STATEMENT IN WHICH SUCH INTERESTED PERSON DISCLOSES ALL FINANCIAL INTERESTS AS DEFINED IN THE POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION DOES MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.