Civic Intelligence

Rust College Inc

990 • Fiscal year 2020 • EIN 64-0303805

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 29, 2021

Organization Profilewww.rustcollege.edu

View Organization Page

150 Rust AveHolly Springs, MS 38635-2330

(662) 252-8000

Siviq Scores

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

Liabilities / Assets

36th percentile

0.16x

Higher debt load relative to assets than 36% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.70x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

20th percentile

-6.3%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

25th percentile

$218,900

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

50th percentile

6.0%

Faster asset growth than 50% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-6.7%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$77,370,415

Up $4,395,769 (+6.0%) from 2019

Net Assets

Up

$65,335,690

Up $321,203 (+0.5%) from 2019

Liabilities

Up

$12,034,725

Up $4,074,566 (+51%) from 2019

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin20th percentile

Revenue

Down

$17,253,710

Down $1,229,452 (-6.7%) from 2019

Expenses

Down

$18,333,455

Down $133,407 (-0.7%) from 2019

Net Income

Down

-$1,079,745

Down $1,096,045 (-6724%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$100M$50M$0Assets 2010: $44,148,853Liabilities 2010: $6,120,649Net Assets 2010: $38,028,2042010Assets 2011: $48,403,380Liabilities 2011: $6,759,773Net Assets 2011: $41,643,6072011Assets 2012: $48,332,771Liabilities 2012: $6,474,130Net Assets 2012: $41,858,6412012Assets 2013: $52,549,226Liabilities 2013: $7,159,110Net Assets 2013: $45,390,1162013Assets 2014: $57,608,730Liabilities 2014: $7,285,043Net Assets 2014: $50,323,6872014Assets 2015: $58,646,866Liabilities 2015: $6,627,282Net Assets 2015: $52,019,5842015Assets 2016: $60,911,510Liabilities 2016: $8,452,945Net Assets 2016: $52,458,5652016Assets 2017: $66,401,937Liabilities 2017: $8,667,621Net Assets 2017: $57,734,3162017Assets 2018: $70,380,774Liabilities 2018: $8,737,049Net Assets 2018: $61,643,7252018Assets 2019: $72,974,646Liabilities 2019: $7,960,159Net Assets 2019: $65,014,4872019Assets 2020: $77,370,415Liabilities 2020: $12,034,725Net Assets 2020: $65,335,6902020Assets 2021: $88,877,754Liabilities 2021: $15,701,677Net Assets 2021: $73,176,0772021Assets 2022: $82,920,785Liabilities 2022: $14,209,746Net Assets 2022: $68,711,0392022Assets 2023: $90,433,827Liabilities 2023: $16,135,036Net Assets 2023: $74,298,7912023Assets 2024: $89,867,132Liabilities 2024: $12,305,615Net Assets 2024: $77,561,5172024

Highlighted filing

2020

Assets$77,370,415
Liabilities$12,034,725
Net Assets$65,335,690
Open 2020 Filing

Operations Trend

Revenue Growth28th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $16,904,8712010Expenses 2011: $15,950,5792011Expenses 2012: $15,939,0182012Expenses 2013: $16,665,2662013Revenue 2014: $17,071,472Expenses 2014: $16,662,107Net Income 2014: $409,3652014Revenue 2015: $17,952,736Expenses 2015: $17,302,692Net Income 2015: $650,0442015Revenue 2016: $16,971,793Expenses 2016: $16,117,745Net Income 2016: $854,0482016Revenue 2017: $18,616,946Expenses 2017: $17,453,976Net Income 2017: $1,162,9702017Revenue 2018: $17,939,337Expenses 2018: $17,106,898Net Income 2018: $832,4392018Revenue 2019: $18,483,162Expenses 2019: $18,466,862Net Income 2019: $16,3002019Revenue 2020: $17,253,710Expenses 2020: $18,333,455Net Income 2020: -$1,079,7452020Revenue 2021: $22,679,674Expenses 2021: $19,721,286Net Income 2021: $2,958,3882021Revenue 2022: $22,718,599Expenses 2022: $21,889,818Net Income 2022: $828,7812022Revenue 2023: $20,052,761Expenses 2023: $21,671,841Net Income 2023: -$1,619,0802023Revenue 2024: $14,124,213Expenses 2024: $22,650,940Net Income 2024: -$8,526,7272024

Highlighted filing

2020

Revenue$17,253,710
Expenses$18,333,455
Net Income-$1,079,745
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 29, 2021
Return Version
2019v5.0
Gross Receipts
$17,253,710
Mission and Program Overview

Mission

To provide four year college bachelor degree

To Provide Four Year College degree

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$48,479,116$48,086,719▼ $392,397
Land, Buildings, and Equipment, Net$12,147,814$12,784,236▲ $636,422
Cash and Non-Interest-Bearing Accounts$3,481,754$7,129,232▲ $3,647,478
Other Notes and Loans Receivable, Net$3,233,035$3,748,434▲ $515,399
Accounts Receivable$3,644,396$3,723,391▲ $78,995
Inventories for Sale or Use$825,040$735,612▼ $89,428
Pledges and Grants Receivable$626,387$625,687▼ $700
Prepaid Expenses and Deferred Charges$143,690$143,690→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$72,974,646$77,370,415▲ $4,395,769
Other Assets Total$393,414$393,414→ $0
Liabilities
Deferred Revenue$5,113,496$9,271,520▲ $4,158,024
Other Liabilities$1,693,407$1,673,920▼ $19,487
Mortgage Notes Payable Secured by Investment Property$1,000,775$894,693▼ $106,082
Accounts Payable and Accrued Expenses$152,481$194,592▲ $42,111
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,960,159$12,034,725▲ $4,074,566
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$49,169,954$50,358,428▲ $1,188,474
Net Assets With Donor Restrictions$15,844,533$14,977,262▼ $867,271
Total Net Assets Fund Balance$65,014,487$65,335,690▲ $321,203
Total Liabilities and Net Assets / Fund Balance$72,974,646$77,370,415▲ $4,395,769

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,936,615$19,339,484$0
Other Land Buildings$1,423,351$379,435$0
Land$1,685,554-$0
Equipment$2,738,716$4,675,912$0
Leasehold Improvements$0$0$0
Other Securities$33,999,137--
Closely Held Equity Interests$0--
Financial Derivatives$0--
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr Ivy R TaylorPresidentFT$218,900$218,900
Dr Daarel BurnetteInterim Vice President for FinanceFT$120,000$120,000
Dr Dartell TreadwellAssistant to the President For Strategic InitiativeFT$109,450$109,450
Tiffani PerryChief of StaffFT$99,500$99,500
Dr Ishmell EdwardsVice President for College RelationsFT$86,275$86,275
Dr Doris WardInterim Vice PresidentFT$71,219$71,219

Board Members and Trustees

NameTitle
Dr David SwintonChairman
Thomas BrownVice Chairman
Barbara BelfoureBoard Member
Cecelia Wilson SawyerBoard Member
Dr Darrell EzellBoard Member
Dr Deborah B SmithBoard Member
Dr Dorothy PenningtonBoard Member
Dr Joe MayBoard Member
Dr Kenneth BedellBoard Member
Dr Wesley E JonesBoard Member
Dr William NelsonBoard Member
Larry AndersonBoard Member
Margaret BorgenBoard Member
Patricia Bruce LoweBoard Member
Rev Robert WardBoard Member
Dr Barrie TritleSecretary
George HoldenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,031,754
Investment Income
$172,273
Other Revenue
$49,683
Change in Net Assets
$-1,079,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,739,459
Salaries, Compensation, and Employee Benefits$8,593,996
Total Fundraising Expense$61,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,811,409$641,558$0$6,452,967
All Other Expenses$2,327,490--$2,327,490
Other Expenses$1,878,669$0$0$1,878,669
Other Employee Benefits$1,042,330$393,355$0$1,435,685
Current Officers, Directors, Trustees, and Key Employees$0$705,344$0$705,344
Depreciation Depletion$471,305--$471,305
Information Technology$0$381,682$29,180$410,862
Insurance$342,403$0$0$342,403
Travel$0$76,290$32,411$108,701
Fees for Service Investment Mgmnt Fees$0$93,578$0$93,578
Interest$0$55,436$0$55,436
Total Functional Expenses$15,836,156$2,435,708$61,591$18,333,455
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
Lobbying 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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Held in Custody for Others$500,400
Deposits and Other Liabilities$485,985
Accrued Compensation and Related Deductions$386,857
Payroll Taxes Withheld and Payable$190,884
U S Government Loan Fund Refundable$109,794
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

“A complete copy of the IRS Form 990 is provided to officers and board members for review before filing”

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

“The organization consistently monitors conflict of interest with policies and procedures and this is frowned upon by the university”

Form 990, Part VI, Section B, Line 15

“The organization regularly reviews the salaries of top officers of organizations of similar size and revenue to determine that salaries are comparable”

Form 990, Part VI, Section C, Line 19

“Upon request the Audit and IRS Form 990 is made available to the public at the college”

Filing and Contact Details

Filer

Filer Name
Rust College
EIN
64-0303805
Phone
6622528000
Address
150 Rust Ave, Holly Springs, MS 38635-2330

Signing Officer

Name
Daarel Burnette
Title
Vice-President For Finance
Phone
6622528000
Signed
2021-03-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daarel Burnette
Formed
1866
Legal Domicile
Ms
Voting Board Members
20
Independent Board Members
20
Employees
176
Volunteers
1

Preparer

Firm
Booker T Camper Jr CPA
Address
1067 E Raines Rd, Memphis, TN 38116
Preparer
Booker Camper
Phone
9018312988
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Plant Operations Maintenance= $867,682; Auxiliary Enterprise Operations= $394,289; Public Services= $73,862; General Institutional Other Costs= $991,657.”

Form 990, Part XI, Line 9

“Contributions to Endowment= $357,703; Investment Appreciation = $1,065,756; Other Changes in Net Assets=($22,511).”

Raw XML AppendixShowing 400 of 660 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0152481
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0194592
IRS990/AccountsReceivableGrp/BOYAmt03644396
IRS990/AccountsReceivableGrp/EOYAmt03723391
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To Provide Four Year College degree
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02327490
IRS990/AllOtherExpensesGrp/TotalAmt02327490
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0Mr Daarel Burnette VP For Finance
IRS990/BooksInCareOfDetail/PhoneNum06622528000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0150 Rust Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Holly Springs
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0386352330
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03481754
IRS990/CashNonInterestBearingGrp/EOYAmt07129232
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0705344
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0705344
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0172273
IRS990/CYOtherExpensesAmt09739459
IRS990/CYOtherRevenueAmt049683
IRS990/CYProgramServiceRevenueAmt017031754
IRS990/CYRevenuesLessExpensesAmt0-1079745
IRS990/CYSalariesCompEmpBnftPaidAmt08593996
IRS990/CYTotalExpensesAmt018333455
IRS990/CYTotalFundraisingExpenseAmt061591
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt017253710
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt05113496
IRS990/DeferredRevenueGrp/EOYAmt09271520
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0471305
IRS990/DepreciationDepletionGrp/TotalAmt0471305
IRS990/Desc0Private Four Year Historical Black College
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt015844533
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt014977262
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0176
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt05401023
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt093578
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt093578
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt210
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt220
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt045
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt245
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt345
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt445
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt545
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt125
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt135
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt155
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt165
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt175
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt185
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt195
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt205
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt215
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt225
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0Dr Ivy R Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm1Dr Daarel Burnette
IRS990/Form990PartVIISectionAGrp/PersonNm2Dr Dartell Treadwell
IRS990/Form990PartVIISectionAGrp/PersonNm3Tiffani Perry
IRS990/Form990PartVIISectionAGrp/PersonNm4Dr Ishmell Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm5Dr Doris Ward
IRS990/Form990PartVIISectionAGrp/PersonNm6Larry Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm7Dr Kenneth Bedell
IRS990/Form990PartVIISectionAGrp/PersonNm8Barbara Belfoure
IRS990/Form990PartVIISectionAGrp/PersonNm9Margaret Borgen
IRS990/Form990PartVIISectionAGrp/PersonNm10Thomas Brown
IRS990/Form990PartVIISectionAGrp/PersonNm11Dr Darrell Ezell
IRS990/Form990PartVIISectionAGrp/PersonNm12George Holden
IRS990/Form990PartVIISectionAGrp/PersonNm13Dr Wesley E Jones
IRS990/Form990PartVIISectionAGrp/PersonNm14Patricia Bruce Lowe
IRS990/Form990PartVIISectionAGrp/PersonNm15Dr Joe May
IRS990/Form990PartVIISectionAGrp/PersonNm16Dr William Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm17Dr Dorothy Pennington
IRS990/Form990PartVIISectionAGrp/PersonNm18Cecelia Wilson Sawyer
IRS990/Form990PartVIISectionAGrp/PersonNm19Dr Deborah B Smith
IRS990/Form990PartVIISectionAGrp/PersonNm20Dr David Swinton
IRS990/Form990PartVIISectionAGrp/PersonNm21Dr Barrie Tritle
IRS990/Form990PartVIISectionAGrp/PersonNm22Rev Robert Ward
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0218900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2109450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt399500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt486275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt571219
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Interim Vice President for Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt2Assistant to the President For Strategic Initiative
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chief of Staff
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President for College Relations
IRS990/Form990PartVIISectionAGrp/TitleTxt5Interim Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt21Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01866
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt017253710
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt029180
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0381682
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt0410862
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0342403
IRS990/InsuranceGrp/TotalAmt0342403
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt055436
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt055436
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0825040
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0735612
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0172273
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0172273
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt048479116
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt048086719
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024394831
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012147814
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012784236
IRS990/LandBldgEquipCostOrOtherBssAmt037179067
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt049683
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt049683
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To provide four year college degree
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01000775
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0894693
IRS990/NetAssetsOrFundBalancesBOYAmt065014487
IRS990/NetAssetsOrFundBalancesEOYAmt065335690
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt049169954
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt050358428
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0393414
IRS990/OtherAssetsTotalGrp/EOYAmt0393414
IRS990/OtherChangesInNetAssetsAmt01400948
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0393355
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01042330
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01435685
IRS990/OtherExpensesGrp/Desc0Supplies and Equipment
IRS990/OtherExpensesGrp/Desc1Food Services
IRS990/OtherExpensesGrp/Desc2Student Aid
IRS990/OtherExpensesGrp/Desc3Student Services-Organized
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt088465
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0712862
IRS990/OtherExpensesGrp/ProgramServicesAmt1736056
IRS990/OtherExpensesGrp/ProgramServicesAmt22513632
IRS990/OtherExpensesGrp/ProgramServicesAmt31878669
IRS990/OtherExpensesGrp/TotalAmt0801327
IRS990/OtherExpensesGrp/TotalAmt1736056
IRS990/OtherExpensesGrp/TotalAmt22513632
IRS990/OtherExpensesGrp/TotalAmt31878669
IRS990/OtherLiabilitiesGrp/BOYAmt01693407
IRS990/OtherLiabilitiesGrp/EOYAmt01673920
IRS990/OtherRevenueTotalAmt049683
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0641558
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05811409
IRS990/OtherSalariesAndWagesGrp/TotalAmt06452967
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03233035
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03748434
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0626387
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0625687
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0143690

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,370,415
Liabilities
$12,034,725
Net assets
$65,335,690
Revenue
$17,253,710
Expenses
$18,333,455
Net income
-$1,079,745
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.9$12.3$77.6$14.1$22.7$8.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.4$16.1$74.3$20.1$21.7$1.62
2022Detailed filing. Detailed filing data is available for this year.$82.9$14.2$68.7$22.7$21.9$0.83
2021Detailed filing. Detailed filing data is available for this year.$88.9$15.7$73.2$22.7$19.7$2.96
2020Detailed filing. Detailed filing data is available for this year.$77.4$12.0$65.3$17.3$18.3$1.08
2019Summary only. Only limited summary data is available for this year.$73.0$7.96$65.0$18.5$18.5$0.02
2018Detailed filing. Detailed filing data is available for this year.$70.4$8.74$61.6$17.9$17.1$0.83
2017Detailed filing. Detailed filing data is available for this year.$66.4$8.67$57.7$18.6$17.5$1.16
2016Detailed filing. Detailed filing data is available for this year.$60.9$8.45$52.5$17.0$16.1$0.85
2015Detailed filing. Detailed filing data is available for this year.$58.6$6.63$52.0$18.0$17.3$0.65
2014Detailed filing. Detailed filing data is available for this year.$57.6$7.29$50.3$17.1$16.7$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.5$7.16$45.4$16.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.3$6.47$41.9$15.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.4$6.76$41.6$16.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.1$6.12$38.0$16.9