Civic Intelligence

North Missindustrial Development A

990 • Fiscal year 2019 • EIN 64-0317413

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 30, 2020

PO Box 718West Point, MS 39773

(662) 494-4633

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.04x

Higher debt load relative to revenue than 47% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

34th percentile

-0.3%

Higher net margin than 34% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$133,239

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

31st percentile

-1.1%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

34th percentile

-1.3%

Faster revenue growth than 34% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$984,710

Down $10,748 (-1.1%) from 2018

Net Assets

Down

$953,947

Down $2,124 (-0.2%) from 2018

Liabilities

Down

$30,763

Down $8,624 (-22%) from 2018

Revenue

Down

$699,101

Down $9,069 (-1.3%) from 2018

Expenses

Down

$701,225

Down $12,995 (-1.8%) from 2018

Net Income

Up

-$2,124

Up $3,926 (+65%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,075,995Liabilities 2011: $33,500Net Assets 2011: $1,042,4952011Assets 2012: $1,030,962Liabilities 2012: $21,126Net Assets 2012: $1,009,8362012Assets 2013: $1,027,168Liabilities 2013: $42,085Net Assets 2013: $985,0832013Assets 2014: $975,355Liabilities 2014: $22,801Net Assets 2014: $952,5542014Assets 2015: $958,429Liabilities 2015: $21,619Net Assets 2015: $936,8102015Assets 2016: $961,438Liabilities 2016: $18,075Net Assets 2016: $943,3632016Assets 2017: $977,806Liabilities 2017: $15,685Net Assets 2017: $962,1212017Assets 2018: $995,458Liabilities 2018: $39,387Net Assets 2018: $956,0712018Assets 2019: $984,710Liabilities 2019: $30,763Net Assets 2019: $953,9472019Assets 2020: $1,006,389Liabilities 2020: $35,361Net Assets 2020: $971,0282020Assets 2021: $1,141,681Liabilities 2021: $198,531Net Assets 2021: $943,1502021Assets 2022: $1,096,318Liabilities 2022: $166,761Net Assets 2022: $929,5572022Assets 2023: $1,127,822Liabilities 2023: $120,520Net Assets 2023: $1,007,3022023Assets 2024: $1,010,105Liabilities 2024: $28,134Net Assets 2024: $981,9712024

Highlighted filing

2019

Assets$984,710
Liabilities$30,763
Net Assets$953,947

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $654,165Expenses 2011: $684,988Net Income 2011: -$30,8232011Revenue 2012: $656,593Expenses 2012: $689,252Net Income 2012: -$32,6592012Revenue 2013: $644,009Expenses 2013: $668,762Net Income 2013: -$24,7532013Revenue 2014: $630,079Expenses 2014: $662,608Net Income 2014: -$32,5292014Revenue 2015: $641,594Expenses 2015: $657,338Net Income 2015: -$15,7442015Revenue 2016: $668,874Expenses 2016: $662,321Net Income 2016: $6,5532016Revenue 2017: $694,977Expenses 2017: $676,219Net Income 2017: $18,7582017Revenue 2018: $708,170Expenses 2018: $714,220Net Income 2018: -$6,0502018Revenue 2019: $699,101Expenses 2019: $701,225Net Income 2019: -$2,1242019Revenue 2020: $728,457Expenses 2020: $711,376Net Income 2020: $17,0812020Revenue 2021: $687,524Expenses 2021: $715,402Net Income 2021: -$27,8782021Revenue 2022: $853,167Expenses 2022: $866,760Net Income 2022: -$13,5932022Revenue 2023: $827,441Expenses 2023: $750,074Net Income 2023: $77,3672023Revenue 2024: $825,512Expenses 2024: $850,911Net Income 2024: -$25,3992024

Highlighted filing

2019

Revenue$699,101
Expenses$701,225
Net Income-$2,124
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 30, 2020
Return Version
2019v5.0
Gross Receipts
$699,101
Mission and Program Overview

Mission

Promoting northeast mississippi for industrial growth.

Promoting northeast mississippi for industrial growth

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$798,830$808,244▲ $9,414
Land, Buildings, and Equipment, Net$184,176$166,389▼ $17,787
Prepaid Expenses and Deferred Charges$12,152$9,837▼ $2,315
Accounts Receivable$180$120▼ $60
Total Assets$995,458$984,710▼ $10,748
Other Assets Total$120$120→ $0
Liabilities
Accounts Payable and Accrued Expenses$39,387$30,763▼ $8,624
Total Liabilities$39,387$30,763▼ $8,624
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$956,071$953,947▼ $2,124
Total Net Assets Fund Balance$956,071$953,947▼ $2,124
Total Liabilities and Net Assets / Fund Balance$995,458$984,710▼ $10,748

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$48,586$229,019$277,605
Equipment$12,999$262,812$275,811
Other Land Buildings$43,798$43,454$87,252
Land$61,006-$61,006
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William ScaggsExecutive DiFT$133,239$133,239

Board Members and Trustees

NameTitle
Brad J BlalockPresident
Alonzo SykesDirector
Barry RowlandDirector
Bill LongDirector
Brian ClarkDirector
Chuck HowellDirector
David SorrelsDirector
Donald GrayDirector
Eddie HowardDirector
Jason SheltonDirector
John MaloneDirector
Josh ThorntonDirector
Keith HaywardDirector
Kelvin BuckDirector
Kevin DoddridgeDirector
Kirk MorganDirector
Robbie RobinsonDirector
Ronny RowlandDirector
Shawn EdmondsonDirector
Sherman CarouthersDirector
Tim KentDirector
Tim WiggintonDirector
Todd GaleDirector
Wilson WebbDirector
Rob NeelySecretary
Tim SmithTreasurer
Brad RobisonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$696,251
Program Service Revenue
$0
Investment Income
$2,600
Other Revenue
$250
Change in Net Assets
$-2,124

Audited Revenue Reconciliation

Revenue per Audited Statements
$699,101
Total Revenue per Audited Statements
$699,101
Total Revenue per Form 990
$699,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$451,031
Other Expenses$250,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$140,321$46,774-$187,095
Current Officers, Directors, Trustees, and Key Employees$99,929$33,310-$133,239
Travel$73,813$24,605-$98,418
Pension Plan Contributions$49,612$16,538-$66,150
Other Employee Benefits$31,564$10,521-$42,085
All Other Expenses$27,914$9,306-$37,220
Depreciation Depletion$17,345$5,782-$23,127
Payroll Taxes$16,846$5,616-$22,462
Fees for Services Accounting$13,564$4,521-$18,085
Insurance$12,199$4,066-$16,265
Advertising$7,353$2,451-$9,804
Other Expenses$6,090$2,030-$8,120
Office Expenses$5,802$1,934-$7,736
Conferences and Meetings$2,884$961-$3,845
Total Functional Expenses$525,916$175,309$0$701,225

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$701,225
Total Expenses per Audited Statements$701,225
Total Expenses per Form 990$701,225
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

Board members from the executive committee review the salary of the executive director and determine if any changes are needed.

Form 990, Page 6, Part VI, Line 15B

Board members from the executive committee review the salary of the executive director and determine if any changes are needed.

Form 990, Page 6, Part VI, Line 19

These documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
North Missindustrial Development a
EIN
64-0317413
Phone
6624944633
Address
PO BOX 718, WEST POINT, MS 39773

Signing Officer

Name
William Scaggs
Title
Executive Director
Phone
6624944633
Signed
2020-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Scaggs
Formed
1951
Legal Domicile
Ms
Voting Board Members
27
Independent Board Members
27
Employees
5

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
PO BOX 1216, WEST POINT, MS 39773
Preparer
Stephen J Swetz CPA
Phone
6624945732
Supplemental Narrative

Additional Explanations

Form 990, Page 5, Part V, Line 3B

No unrelated business income

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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
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IRS990/FormationYr01951
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IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt027
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IRS990/InsuranceGrp/ProgramServicesAmt012199
IRS990/InsuranceGrp/TotalAmt016265
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0166389
IRS990/LandBldgEquipCostOrOtherBssAmt0701674
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0696251
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTING NORTHEAST MISSISSIPPI FOR INDUSTRIAL GROWTH.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0956071
IRS990/NetAssetsOrFundBalancesEOYAmt0953947
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01934
IRS990/OfficeExpensesGrp/ProgramServicesAmt05802
IRS990/OfficeExpensesGrp/TotalAmt07736
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0120
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010521
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031564
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042085
IRS990/OtherExpensesGrp/Desc0SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3RESEARCH/INDUSTRIAL DATA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02351
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12283
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22260
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32030
IRS990/OtherExpensesGrp/ProgramServicesAmt07054
IRS990/OtherExpensesGrp/ProgramServicesAmt16847
IRS990/OtherExpensesGrp/ProgramServicesAmt26779
IRS990/OtherExpensesGrp/ProgramServicesAmt36090
IRS990/OtherExpensesGrp/TotalAmt09405
IRS990/OtherExpensesGrp/TotalAmt19130
IRS990/OtherExpensesGrp/TotalAmt29039
IRS990/OtherExpensesGrp/TotalAmt38120
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0250
IRS990/OtherRevenueTotalAmt0250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046774
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0140321
IRS990/OtherSalariesAndWagesGrp/TotalAmt0187095
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IRS990/PayrollTaxesGrp/ProgramServicesAmt016846
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt016538
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt049612
IRS990/PensionPlanContributionsGrp/TotalAmt066150
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012152
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09837
IRS990/PrincipalOfficerNm0WILLIAM SCAGGS
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0703764
IRS990/PYInvestmentIncomeAmt04406
IRS990/PYOtherExpensesAmt0263721
IRS990/PYRevenuesLessExpensesAmt0-6050
IRS990/PYSalariesCompEmpBnftPaidAmt0450499
IRS990/PYTotalExpensesAmt0714220
IRS990/PYTotalRevenueAmt0708170
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IRS990ScheduleD/BuildingsGrp/BookValueAmt048586
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0229019
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0277605
IRS990ScheduleD/EquipmentGrp/BookValueAmt012999
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0262812
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0275811
IRS990ScheduleD/ExpensesSubtotalAmt0701225
IRS990ScheduleD/LandGrp/BookValueAmt061006
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt061006
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043798
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt043454
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt087252
IRS990ScheduleD/RevenueSubtotalAmt0699101
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0166389
IRS990ScheduleD/TotalExpensesPerForm990Amt0701225
IRS990ScheduleD/TotalRevenuePerForm990Amt0699101
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0699101
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0701225
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO UNRELATED BUSINESS INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS FROM THE EXECUTIVE COMMITTEE REVIEW THE SALARY OF THE EXECUTIVE DIRECTOR AND DETERMINE IF ANY CHANGES ARE NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS FROM THE EXECUTIVE COMMITTEE REVIEW THE SALARY OF THE EXECUTIVE DIRECTOR AND DETERMINE IF ANY CHANGES ARE NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.03$0.98$0.83$0.85$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.12$1.01$0.83$0.75$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.10$0.17$0.93$0.85$0.87$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.20$0.94$0.69$0.72$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.04$0.97$0.73$0.71$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.98$0.03$0.95$0.70$0.70$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.00$0.04$0.96$0.71$0.71$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.02$0.96$0.69$0.68$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.96$0.02$0.94$0.67$0.66$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.02$0.94$0.64$0.66$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.98$0.02$0.95$0.63$0.66$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.03$0.04$0.99$0.64$0.67$0.02
2012Summary only. Only limited summary data is available for this year.$1.03$0.02$1.01$0.66$0.69$0.03
2011Summary only. Only limited summary data is available for this year.$1.08$0.03$1.04$0.65$0.68$0.03