Civic Intelligence

Millsaps Development Inc

990 • Fiscal year 2019 • EIN 23-7210558

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 15, 2020

Organization ProfileN/A
PO Box 150433Jackson, MS 39210

(601) 974-1100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

97th percentile

100%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

48th percentile

-0.7%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets21st percentile

Assets

Down

$3,736,668

Down $24,922 (-0.7%) from 2018

Net Assets

Down

$3,736,668

Down $24,922 (-0.7%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin97th percentile

Revenue

Up

-$24,922

Up $47,084 (+65%) from 2018

Expenses

Flat

$0

Flat from 2018

Net Income

Up

-$24,922

Up $47,084 (+65%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,594,231Liabilities 2010: $135,635Net Assets 2010: $3,458,5962010Assets 2011: $3,675,616Liabilities 2011: $142,020Net Assets 2011: $3,533,5962011Assets 2012: $3,761,546Liabilities 2012: $152,950Net Assets 2012: $3,608,5962012Assets 2013: $3,719,159Liabilities 2013: $35,563Net Assets 2013: $3,683,5962013Assets 2014: $3,758,596Liabilities 2014: $0Net Assets 2014: $3,758,5962014Assets 2015: $3,833,596Liabilities 2015: $0Net Assets 2015: $3,833,5962015Assets 2016: $3,833,596Liabilities 2016: $0Net Assets 2016: $3,833,5962016Assets 2017: $3,833,596Liabilities 2017: $0Net Assets 2017: $3,833,5962017Assets 2018: $3,761,590Liabilities 2018: $0Net Assets 2018: $3,761,5902018Assets 2019: $3,736,668Liabilities 2019: $0Net Assets 2019: $3,736,6682019Assets 2020: $298,299Liabilities 2020: $0Net Assets 2020: $298,2992020Assets 2021: $3,466Liabilities 2021: $0Net Assets 2021: $3,4662021Assets 2022: $3,466Liabilities 2022: $1,340Net Assets 2022: $2,1262022Assets 2023: $726Liabilities 2023: $0Net Assets 2023: $7262023Assets 2024: $721Liabilities 2024: $0Net Assets 2024: $7212024

Highlighted filing

2019

Assets$3,736,668
Liabilities$0
Net Assets$3,736,668
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$500K$0-$500K-$1.0MExpenses 2010: $285,2882010Expenses 2011: $186,3622011Expenses 2012: $206,3572012Expenses 2013: $226,1782013Revenue 2014: $223,869Expenses 2014: $223,869Net Income 2014: $02014Revenue 2015: $90,685Expenses 2015: $90,685Net Income 2015: $02015Revenue 2016: $83,849Expenses 2016: $83,849Net Income 2016: $02016Revenue 2017: $336,964Expenses 2017: $336,964Net Income 2017: $02017Revenue 2018: -$72,006Expenses 2018: $0Net Income 2018: -$72,0062018Revenue 2019: -$24,922Expenses 2019: $0Net Income 2019: -$24,9222019Revenue 2020: -$538,369Expenses 2020: $0Net Income 2020: -$538,3692020Revenue 2021: $59,953Expenses 2021: $253,914Net Income 2021: -$193,9612021Revenue 2022: $38,082Expenses 2022: $62,580Net Income 2022: -$24,4982022Revenue 2023: $20,800Expenses 2023: $7,800Net Income 2023: $13,0002023Revenue 2024: $7,200Expenses 2024: $16,430Net Income 2024: -$9,2302024

Highlighted filing

2019

Revenue-$24,922
Expenses$0
Net Income-$24,922
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 15, 2020
Return Version
2018v3.3
Gross Receipts
$157,982
Mission and Program Overview

Mission

Millsaps development, inc. Is a corporation organized by millsaps college to develop certain of the college's real property as a source of revenue to the college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,662,099$3,718,419▲ $56,320
Pd in Cap Srpls Land Bldg Eqp Fund$3,622,682$3,622,682→ $0
Rtn Earn Endowment Incm Other Fnds$138,908$113,986▼ $24,922
Cash and Non-Interest-Bearing Accounts$29,424$15,882▼ $13,542
Land, Buildings, and Equipment, Net$70,067$2,367▼ $67,700
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$3,761,590$3,736,668▼ $24,922
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,761,590$3,736,668▼ $24,922
Total Liabilities and Net Assets / Fund Balance$3,761,590$3,736,668▼ $24,922

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,367$4,857,322$0
Leasehold Improvements$0$939,756$0
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Robert PearigenChairman
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-24,922
Change in Net Assets
$-24,922

Audited Revenue Reconciliation

Revenue per Audited Statements
$157,982
Revenue Not Reported on Financial Statements
$-182,904
Other Revenue Adjustments
$-182,904
Total Revenue per Audited Statements
$157,982
Total Revenue per Form 990
$-24,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$182,904
Total Expenses per Audited Statements$182,904
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Section A, Line 11B:

“The Form 990 is presented to the Board for review prior to filing with the IRS.”

Form 990, Page 6, Part VI, Section B, Line 12A through 14:

“The organization does not have a separate conflict of interest policy, whistleblower policy, or document retention policy. However, the organization abides by the policies established by its parent corporation, Millsaps College.”

Form 990, Page 6, Part VI, Section B, Line 15A&B:

“The organization does not compensate any officer or director.”

Form 990, Page 6, Part VI, Section C, Line 19:

“The organization's governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Millsaps Development Inc
EIN
23-7210558
In Care Of
% WHITNEY EMRICH
Phone
6019741100
Address
PO Box 150433, Jackson, MS 39210

Signing Officer

Name
Whitney Emrich
Title
VP of FINANCE/Admin
Phone
6019741100
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Pearigen
Formed
1972
Legal Domicile
Ms
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bkd Llp
Address
190 E Capitol Street Ste 500, Jackson, MS 39201-2190
Preparer
Mary F Overstreet CPA
Phone
6019486700
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Management has evaluated Millsaps development's income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”

Part XI, Line 4B:

“Rental Expenses ($182,904)”

Part XII, Line 2D:

“Rental Expenses $182,904”

Raw XML AppendixShowing 400 of 406 raw XML fields

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt03662099
IRS990/AccountsReceivableGrp/EOYAmt03718419
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0MILLSAPS DEVELOPMENT, INC. IS A CORPORATION ORGANIZED BY MILLSAPS COLLEGE TO DEVELOP CERTAIN OF THE COLLEGE'S REAL PROPERTY AS A SOURCE OF REVENUE TO THE COLLEGE.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AuditCommitteeInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0WHITNEY EMRICH
IRS990/BooksInCareOfDetail/PhoneNum06019741100
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01701 N STATE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0Jackson
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039210
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt029424
IRS990/CashNonInterestBearingGrp/EOYAmt015882
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt0-24922
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-24922
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt00
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-24922
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Activity - Distribution of portion of income Donee - Millsaps College, Jackson, MS 39210
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt033755
IRS990/Form990PartVIISectionAGrp/PersonNm0Robert Pearigen
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0308520
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0157982
IRS990/GrossRentsGrp/RealAmt0157982
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05797077
IRS990/LandBldgEquipBasisNetGrp/BOYAmt070067
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02367
IRS990/LandBldgEquipCostOrOtherBssAmt05799444
IRS990/LegalDomicileStateCd0MS
IRS990/LessRentalExpensesGrp/RealAmt0182904
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0MILLSAPS DEVELOPMENT, INC. IS A CORPORATION ORGANIZED BY MILLSAPS COLLEGE TO DEVELOP CERTAIN OF THE COLLEGE'S REAL PROPERTY AS A SOURCE OF REVENUE TO THE COLLEGE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03761590
IRS990/NetAssetsOrFundBalancesEOYAmt03736668
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-24922
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-24922
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt03622682
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt03622682
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Robert Pearigen
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt0-72006
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-72006
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-72006
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-24922
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0-24922
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0138908
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0113986
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02367
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04857322
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04859689
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/ExpensesNotReportedAmt0182904
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0939756
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0939756
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt0182904
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-182904
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-182904
IRS990ScheduleD/RevenueSubtotalAmt0157982
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated Millsaps development's income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental Expenses ($182,904)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental Expenses $182,904
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2D:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02367
IRS990ScheduleD/TotalRevenuePerForm990Amt0-24922
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0157982
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0182904
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt02000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0303396
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt020005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt03124
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Robert Pearigen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Chairman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0342275
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0Officers of Millsaps Development, Inc. are compensated by the organization's related organization, Millsaps College. Millsaps College uses the methods indicated on Schedule J, Part I, Line 3 to establish compensation for its officers and directors.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3 and Lines 4a-c:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is presented to the Board for review prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization does not have a separate conflict of interest policy, whistleblower policy, or document retention policy. However, the organization abides by the policies established by its parent corporation, Millsaps College.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization does not compensate any officer or director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's governing documents and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Page 6, Part VI, Section A, Line 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Page 6, Part VI, Section B, Line 12a through 14:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Page 6, Part VI, Section B, Line 15a&b:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Page 6, Part VI, Section C, Line 19:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0na
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Millsaps College
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0640303084
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0See Part VII
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt02
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO Box 150433
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Jackson
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd039210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0Millsaps College owns 100% of Millsaps Development, Inc. Millsaps College is a private, nonprofit liberal arts college based in Jackson, Mississippi. The college provides education and training services for students at the undergraduate and graduate levels.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Column (B):
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03761590
IRS990/TotalAssetsEOYAmt03736668
IRS990/TotalAssetsGrp/BOYAmt03761590
IRS990/TotalAssetsGrp/EOYAmt03736668
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03761590
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03736668
IRS990/TotalOtherCompensationAmt033755
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-24922
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-24922
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03761590
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03736668
IRS990/TotReportableCompRltdOrgAmt0308520
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 150433
IRS990/USAddress/CityNm0Jackson
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039210
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-09-10 13:11:23Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WHITNEY EMRICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP of FINANCE/Admin
ReturnHeader/BusinessOfficerGrp/PhoneNum06019741100
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Millsaps Development Inc
ReturnHeader/Filer/BusinessNameControlTxt0MILL
ReturnHeader/Filer/EIN0237210558
ReturnHeader/Filer/InCareOfNm0% WHITNEY EMRICH
ReturnHeader/Filer/PhoneNum06019741100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 150433
ReturnHeader/Filer/USAddress/CityNm0Jackson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039210
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId051A5949405A19BE7D0B71C3A386F0BFA2D93AC99
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0823702202746770B51A67577CD28BFC4F54EFBFB
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId064248120201975000086
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-07-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.126.162
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BKD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0190 E Capitol Street Ste 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Jackson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0392012190
ReturnHeader/PreparerPersonGrp/PhoneNum06019486700

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,736,668
Liabilities
$0
Net assets
$3,736,668
Revenue
-$24,922
Expenses
$0
Net income
-$24,922
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.02$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$0.06$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.06$0.25$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.54$0.00$0.54
2019Detailed filing. Detailed filing data is available for this year.$3.74$0.00$3.74$0.02$0.00$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.07$0.00$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$0.34$0.34$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$0.08$0.08$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$0.09$0.09$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.22$0.22$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.04$3.68$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.76$0.15$3.61$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$0.14$3.53$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.14$3.46$0.29