Civic Intelligence

North Missindustrial Development A

990 • Fiscal year 2020 • EIN 64-0317413

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 29, 2021

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

28th percentile

0.04x

Higher debt load relative to assets than 28% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.05x

Higher debt load relative to revenue than 27% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

40th percentile

2.3%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$147,592

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

40th percentile

2.2%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

4.2%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,006,389

Up $21,679 (+2.2%) from 2019

Net Assets

Up

$971,028

Up $17,081 (+1.8%) from 2019

Liabilities

Up

$35,361

Up $4,598 (+15%) from 2019

Revenue

Up

$728,457

Up $29,356 (+4.2%) from 2019

Expenses

Up

$711,376

Up $10,151 (+1.4%) from 2019

Net Income

Up

$17,081

Up $19,205 (+904%) from 2019

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

2020

Assets$1,006,389
Liabilities$35,361
Net Assets$971,028

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

2020

Revenue$728,457
Expenses$711,376
Net Income$17,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 29, 2021
Return Version
2020v4.0
Gross Receipts
$728,457
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$808,244$824,416▲ $16,172
Land, Buildings, and Equipment, Net$166,389$169,500▲ $3,111
Prepaid Expenses and Deferred Charges$9,837$12,094▲ $2,257
Accounts Receivable$120$259▲ $139
Total Assets$984,710$1,006,389▲ $21,679
Other Assets Total$120$120→ $0
Liabilities
Accounts Payable and Accrued Expenses$30,763$35,361▲ $4,598
Total Liabilities$30,763$35,361▲ $4,598
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$953,947$971,028▲ $17,081
Total Net Assets Fund Balance$953,947$971,028▲ $17,081
Total Liabilities and Net Assets / Fund Balance$984,710$1,006,389▲ $21,679

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$40,770$236,835$277,605
Equipment$9,242$266,569$275,811
Other Land Buildings$58,482$35,602$94,084
Land$61,006-$61,006
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William ScaggsExecutive DiFT$147,592$147,592

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
$722,622
Program Service Revenue
$0
Investment Income
$5,835
Other Revenue
$0
Change in Net Assets
$17,081

Audited Revenue Reconciliation

Revenue per Audited Statements
$728,457
Total Revenue per Audited Statements
$728,457
Total Revenue per Form 990
$728,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$474,485
Other Expenses$236,891
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$135,895$45,299-$181,194
Current Officers, Directors, Trustees, and Key Employees$110,694$36,898-$147,592
Pension Plan Contributions$57,488$19,163-$76,651
Travel$53,469$17,823-$71,292
Other Employee Benefits$33,592$11,197-$44,789
All Other Expenses$29,131$9,711-$38,842
Depreciation Depletion$18,369$6,123-$24,492
Payroll Taxes$18,194$6,065-$24,259
Fees for Services Accounting$13,050$4,350-$17,400
Insurance$12,838$4,279-$17,117
Other Expenses$8,023$2,674-$10,697
Advertising$7,813$2,605-$10,418
Office Expenses$4,845$1,615-$6,460
Total Functional Expenses$533,530$177,846$0$711,376

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$711,376
Total Expenses per Audited Statements$711,376
Total Expenses per Form 990$711,376
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
2021-07-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Scaggs
Formed
1951
Legal Domicile
Ms
Voting Board Members
28
Independent Board Members
28
Employees
5

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
PO BOX 1216, WEST POINT, MS 39773
Preparer
Stephen J Swetz CPA
Phone
6624945732
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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/GoverningBodyVotingMembersCnt028
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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTING NORTHEAST MISSISSIPPI FOR INDUSTRIAL GROWTH.
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0953947
IRS990/NetAssetsOrFundBalancesEOYAmt0971028
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IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt033592
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044789
IRS990/OtherExpensesGrp/Desc0RESEARCH/INDUSTRIAL DATA
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP DUES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13427
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23124
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32674
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IRS990/OtherExpensesGrp/ProgramServicesAmt29370
IRS990/OtherExpensesGrp/ProgramServicesAmt38023
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IRS990/OtherExpensesGrp/TotalAmt113706
IRS990/OtherExpensesGrp/TotalAmt212494
IRS990/OtherExpensesGrp/TotalAmt310697
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0135895
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IRS990/PayrollTaxesGrp/ProgramServicesAmt018194
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt019163
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt057488
IRS990/PensionPlanContributionsGrp/TotalAmt076651
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09837
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012094
IRS990/PrincipalOfficerNm0WILLIAM SCAGGS
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IRS990/PYInvestmentIncomeAmt02600
IRS990/PYOtherExpensesAmt0250194
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IRS990/PYSalariesCompEmpBnftPaidAmt0451031
IRS990/PYTotalExpensesAmt0701225
IRS990/PYTotalRevenueAmt0699101
IRS990/ReconcilationRevenueExpnssAmt017081
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IRS990ScheduleD/EquipmentGrp/BookValueAmt09242
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0266569
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0275811
IRS990ScheduleD/ExpensesSubtotalAmt0711376
IRS990ScheduleD/LandGrp/BookValueAmt061006
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt061006
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt058482
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035602
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt094084
IRS990ScheduleD/RevenueSubtotalAmt0728457
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0169500
IRS990ScheduleD/TotalExpensesPerForm990Amt0711376
IRS990ScheduleD/TotalRevenuePerForm990Amt0728457
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0728457
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0711376
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS FROM THE EXECUTIVE COMMITTEE REVIEW THE SALARY OF THE EXECUTIVE DIRECTOR AND DETERMINE IF ANY CHANGES ARE NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS FROM THE EXECUTIVE COMMITTEE REVIEW THE SALARY OF THE EXECUTIVE DIRECTOR AND DETERMINE IF ANY CHANGES ARE NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

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