Civic Intelligence

Community Development Foundation

990 • Fiscal year 2024 • EIN 64-0256085

May 01, 2023 to Apr 30, 2024 • Filed on Mar 13, 2025

Organization ProfileWWW.CDFMS.ORG

View Organization Page

PO Box ATupelo, MS 38802

(662) 842-4521

Siviq Scores

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

Liabilities / Assets

57th percentile

0.34x

Higher debt load relative to assets than 57% of similar nonprofits.

2024 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

1.99x

Higher debt load relative to revenue than 94% of similar nonprofits.

2024 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2024

Net Margin

9th percentile

-11%

Higher net margin than 9% of similar nonprofits.

2024 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2024

Asset Growth

12th percentile

-4.9%

Faster asset growth than 12% of similar nonprofits.

2024 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-15%

Faster revenue growth than 7% of similar nonprofits.

2024 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$30,722,007

Down $1,574,983 (-4.9%) from 2023

Net Assets

Down

$20,175,491

Down $591,278 (-2.8%) from 2023

Liabilities

Down

$10,546,516

Down $983,705 (-8.5%) from 2023

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin9th percentile

Revenue

Down

$5,308,017

Down $917,064 (-15%) from 2023

Expenses

Up

$5,899,295

Up $575,773 (+11%) from 2023

Net Income

Down

-$591,278

Down $1,492,837 (-166%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$40M$30M$20M$10M$0Assets 2010: $22,679,281Liabilities 2010: $11,792,600Net Assets 2010: $10,886,6812010Assets 2011: $22,614,921Liabilities 2011: $12,269,424Net Assets 2011: $10,345,4972011Assets 2012: $26,732,349Liabilities 2012: $13,095,457Net Assets 2012: $13,636,8922012Assets 2013: $22,610,557Liabilities 2013: $8,125,668Net Assets 2013: $14,484,8892013Assets 2014: $23,332,732Liabilities 2014: $8,403,074Net Assets 2014: $14,929,6582014Assets 2015: $23,678,068Liabilities 2015: $9,201,630Net Assets 2015: $14,476,4382015Assets 2016: $23,305,124Liabilities 2016: $9,022,400Net Assets 2016: $14,282,7242016Assets 2017: $25,179,890Liabilities 2017: $10,925,099Net Assets 2017: $14,254,7912017Assets 2018: $24,826,888Liabilities 2018: $9,734,656Net Assets 2018: $15,092,2322018Assets 2019: $24,626,849Liabilities 2019: $9,238,096Net Assets 2019: $15,388,7532019Assets 2020: $22,962,536Liabilities 2020: $7,159,356Net Assets 2020: $15,803,1802020Assets 2021: $22,821,559Liabilities 2021: $6,825,298Net Assets 2021: $15,996,2612021Assets 2022: $26,378,062Liabilities 2022: $6,512,852Net Assets 2022: $19,865,2102022Assets 2023: $32,296,990Liabilities 2023: $11,530,221Net Assets 2023: $20,766,7692023Assets 2024: $30,722,007Liabilities 2024: $10,546,516Net Assets 2024: $20,175,4912024Assets 2025: $30,104,690Liabilities 2025: $8,718,840Net Assets 2025: $21,385,8502025

Highlighted filing

2024

Assets$30,722,007
Liabilities$10,546,516
Net Assets$20,175,491
Open 2024 Filing

Operations Trend

Revenue Growth7th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $4,685,3012010Expenses 2011: $5,157,9992011Expenses 2012: $5,627,2492012Expenses 2013: $6,927,3342013Revenue 2014: $4,499,843Expenses 2014: $4,082,066Net Income 2014: $417,7772014Revenue 2015: $4,020,364Expenses 2015: $4,289,667Net Income 2015: -$269,3032015Revenue 2016: $4,066,249Expenses 2016: $4,253,395Net Income 2016: -$187,1462016Revenue 2017: $4,703,690Expenses 2017: $4,804,678Net Income 2017: -$100,9882017Revenue 2018: $5,653,876Expenses 2018: $4,881,217Net Income 2018: $772,6592018Revenue 2019: $5,418,560Expenses 2019: $5,188,115Net Income 2019: $230,4452019Revenue 2020: $5,204,765Expenses 2020: $4,776,261Net Income 2020: $428,5042020Revenue 2021: $4,891,350Expenses 2021: $4,698,269Net Income 2021: $193,0812021Revenue 2022: $9,486,414Expenses 2022: $5,256,100Net Income 2022: $4,230,3142022Revenue 2023: $6,225,081Expenses 2023: $5,323,522Net Income 2023: $901,5592023Revenue 2024: $5,308,017Expenses 2024: $5,899,295Net Income 2024: -$591,2782024Revenue 2025: $8,339,470Expenses 2025: $7,333,085Net Income 2025: $1,006,3852025

Highlighted filing

2024

Revenue$5,308,017
Expenses$5,899,295
Net Income-$591,278
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Mar 13, 2025
Return Version
2023v6.0
Gross Receipts
$5,308,017
Mission and Program Overview

Mission

The organization's mission is to diversify and stregthen our economic mix through business retention, expansion, and attraction. Improve our human capital through workforce skills, and leadership training. Improve our communications with existing businesses, local, state and federal governments. Foster small business and entrepreneur development. And to enhance the business climate and quality of life through planning, public policy, and strong partnerships.

To strengthen the tupelo-lee county region through economic and community development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$24,182,732$27,158,078▲ $2,975,346
Investments in Publicly Traded Securities$1,433,691$1,738,506▲ $304,815
Cash and Non-Interest-Bearing Accounts$3,536,642$724,901▼ $2,811,741
Prepaid Expenses and Deferred Charges$101,825$555,704▲ $453,879
Accounts Receivable$1,501,747$372,186▼ $1,129,561
Intangible Assets$89,173$89,173→ $0
Total Assets$32,296,990$30,722,007▼ $1,574,983
Other Assets Total$1,451,180$83,459▼ $1,367,721
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,306,125$5,340,645▼ $3,965,480
Other Liabilities$1,518,770$3,183,342▲ $1,664,572
Deferred Revenue$415,374$1,575,749▲ $1,160,375
Accounts Payable and Accrued Expenses$289,952$446,780▲ $156,828
Total Liabilities$11,530,221$10,546,516▼ $983,705
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,891,399$14,300,121▼ $591,278
Net Assets With Donor Restrictions$5,875,370$5,875,370→ $0
Total Net Assets Fund Balance$20,766,769$20,175,491▼ $591,278
Total Liabilities and Net Assets / Fund Balance$32,296,990$30,722,007▼ $1,574,983

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,415,344$6,331,879$27,747,223
Land$3,807,194-$3,807,194
Other Land Buildings$1,451,180-$1,451,180
Leasehold Improvements$484,360-$484,360
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Kim CaronChairman
Chris BagleyChairman Elect
Shane SpeesPast Chairman
Phil MorganEx Officio
Aaron WashingtonMember
Bernard BeanMember
Bev CrossenMember
Brian RigbyMember
Charlie KinneyMember
Emily LauderMember
Josh WestMember
Kevin ChapmanMember
Kurt ShettlesMember
Norris GrizzardMember
Sharon NoblesMember
Skipper HollimanMember
David RimbargerPres./CEO
Revenue and Support

Revenue Composition

Contributions and Grants
$2,523,458
Program Service Revenue
$2,779,809
Investment Income
$4,750
Other Revenue
$0
Change in Net Assets
$-591,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,037,184
Other Expenses$2,862,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,694,088
Occupancy---$804,312
All Other Expenses---$224,747
Insurance---$216,866
Interest---$201,933
Pension Plan Contributions---$190,454
Travel---$174,797
Payroll Taxes---$152,642
Other Expenses---$131,449
Fees for Services Other---$58,165
Advertising---$28,972
Fees for Services Accounting---$27,000
Information Technology---$19,835
Fees for Services Legal---$3,954
Total Functional Expenses$0$0$0$5,899,295
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deffered Compensation$3,078,859
Refundable Deposits$104,483
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the ceo, cfo, and the officers of the board of directors before filing.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is a component of the code of ethics statement the board of governors are required to sign each year. Another component of the code of ethics statement is a confidentiality agreement.”

Form 990, Part VI, Section B, Line 15

“Compensation for all employees is reviewed and approved annually by a compensation committee.”

Form 990, Part VI, Section C, Line 19

“The organization provides copies of its governing documents, conflict of interest policy, and financial statements to the public upon request or upon review at the corporate office at 398 east main street, tupelo, ms 38804.”

Filing and Contact Details

Filer

Filer Name
Community Development Foundation
EIN
64-0256085
Phone
6628424521
Address
PO BOX A, TUPELO, MS 38802

Signing Officer

Name
Matt Mccarty
Title
CFO
Phone
6625233463
Signed
2025-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Rumbarger
Formed
1948
Legal Domicile
Ms
Voting Board Members
53
Independent Board Members
52
Employees
0
Volunteers
0

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DR STE 300, MEMPHIS, TN 38120
Preparer
Amanda Angle
Phone
9017612720
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process of audit oversight has not changed from the prior year.”

Raw XML AppendixShowing 400 of 467 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.

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IRS990/InvestmentsPubTradedSecGrp/BOYAmt01433691
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01738506
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06331879
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024182732
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027158078
IRS990/LandBldgEquipCostOrOtherBssAmt033489957
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt01017735
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO DIVERSIFY AND STREGTHEN OUR ECONOMIC MIX THROUGH BUSINESS RETENTION, EXPANSION, AND ATTRACTION. IMPROVE OUR HUMAN CAPITAL THROUGH WORKFORCE SKILLS, AND LEADERSHIP TRAINING. IMPROVE OUR COMMUNICATIONS WITH EXISTING BUSINESSES, LOCAL, STATE AND FEDERAL GOVERNMENTS. FOSTER SMALL BUSINESS AND ENTREPRENEUR DEVELOPMENT. AND TO ENHANCE THE BUSINESS CLIMATE AND QUALITY OF LIFE THROUGH PLANNING, PUBLIC POLICY, AND STRONG PARTNERSHIPS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09306125
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05340645
IRS990/NetAssetsOrFundBalancesBOYAmt020766769
IRS990/NetAssetsOrFundBalancesEOYAmt020175491
IRS990/NetUnrelatedBusTxblIncmAmt049000
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014891399
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014300121
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0804312
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01451180
IRS990/OtherAssetsTotalGrp/EOYAmt083459
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3PUBLIC RELATIONS
IRS990/OtherExpensesGrp/TotalAmt0678264
IRS990/OtherExpensesGrp/TotalAmt1146814
IRS990/OtherExpensesGrp/TotalAmt2145003
IRS990/OtherExpensesGrp/TotalAmt3131449
IRS990/OtherLiabilitiesGrp/BOYAmt01518770
IRS990/OtherLiabilitiesGrp/EOYAmt03183342
IRS990/OtherSalariesAndWagesGrp/TotalAmt02694088
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0152642
IRS990/PensionPlanContributionsGrp/TotalAmt0190454
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0101825
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0555704
IRS990/PrincipalOfficerNm0DAVID RUMBARGER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02113135
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1616674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02163135
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1616674
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt050000
IRS990/ProgSrvcAccomActy2Grp/Desc0THE LEE COUNTY CHAMBER OF COMMERCE ENHANCES COMMUNITY EDUCATION AND THE BUSINESS ENVIRONMENT IN LEE COUNTY.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ECONOMIC DEVELOPMENT/FUTURE FOCUS IS A MEANS TO BRING VIBRANT WORKFORCE AND TRAINING TO LEE COUNTY BY RECRUITMENT, RETENTION, AND WORKFORCE TRAINING OF EXISTING AND FUTURE INDUSTRIES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03035621
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013353
IRS990/PYOtherExpensesAmt01434880
IRS990/PYOtherRevenueAmt0861507
IRS990/PYProgramServiceRevenueAmt02314600
IRS990/PYRevenuesLessExpensesAmt01808407
IRS990/PYSalariesCompEmpBnftPaidAmt02981794
IRS990/PYTotalExpensesAmt04416674
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06225081
IRS990/ReconcilationRevenueExpnssAmt0-591278
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0616674
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01540864
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01005860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0993501
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01011098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05167997
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013353
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05154
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07606
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020756
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt051619
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022739931
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98070
IRS990ScheduleA/PublicSupportPY170Pct00.97030
IRS990ScheduleA/PublicSupportTotal170Amt015353901
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt04636593
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt01494727
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt01401150
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt01381514
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt01271920
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt010185904
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05253267
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03035591
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02407010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02375015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02283018
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015353901
IRS990ScheduleA/TotalSupportAmt015655520
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt050000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0250000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0616674
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt021415344
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06331879
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt027747223
IRS990ScheduleD/LandGrp/BookValueAmt03807194
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03807194
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0484360
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0484360
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01451180
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01451180
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0104483
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13078859
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFFERED COMPENSATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027158078
IRS990ScheduleD/TotalLiabilityAmt03183342
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/DiscretionarySpendingAcctInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0DAVID RUMBARGER $30,000
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE CEO, CFO, AND THE OFFICERS OF THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS A COMPONENT OF THE CODE OF ETHICS STATEMENT THE BOARD OF GOVERNORS ARE REQUIRED TO SIGN EACH YEAR. ANOTHER COMPONENT OF THE CODE OF ETHICS STATEMENT IS A CONFIDENTIALITY AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR ALL EMPLOYEES IS REVIEWED AND APPROVED ANNUALLY BY A COMPENSATION COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST OR UPON REVIEW AT THE CORPORATE OFFICE AT 398 EAST MAIN STREET, TUPELO, MS 38804.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS OF AUDIT OVERSIGHT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

Document Assets

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Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,722,007
Liabilities
$10,546,516
Net assets
$20,175,491
Revenue
$5,308,017
Expenses
$5,899,295
Net income
-$591,278
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$30.1$8.72$21.4$8.34$7.33$1.01
2024Detailed filing. Detailed filing data is available for this year.$30.7$10.5$20.2$5.31$5.90$0.59
2023Detailed filing. Detailed filing data is available for this year.$32.3$11.5$20.8$6.23$5.32$0.90
2022Detailed filing. Detailed filing data is available for this year.$26.4$6.51$19.9$9.49$5.26$4.23
2021Detailed filing. Detailed filing data is available for this year.$22.8$6.83$16.0$4.89$4.70$0.19
2020Detailed filing. Detailed filing data is available for this year.$23.0$7.16$15.8$5.20$4.78$0.43
2019Detailed filing. Detailed filing data is available for this year.$24.6$9.24$15.4$5.42$5.19$0.23
2018Detailed filing. Detailed filing data is available for this year.$24.8$9.73$15.1$5.65$4.88$0.77
2017Detailed filing. Detailed filing data is available for this year.$25.2$10.9$14.3$4.70$4.80$0.10
2016Detailed filing. Detailed filing data is available for this year.$23.3$9.02$14.3$4.07$4.25$0.19
2015Detailed filing. Detailed filing data is available for this year.$23.7$9.20$14.5$4.02$4.29$0.27
2014Detailed filing. Detailed filing data is available for this year.$23.3$8.40$14.9$4.50$4.08$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$8.13$14.5$6.93
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.7$13.1$13.6$5.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.6$12.3$10.3$5.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.7$11.8$10.9$4.69