Civic Intelligence

MID-State Opportunity Inc.

990 • Fiscal year 2016 • EIN 64-0432686

Oct 01, 2015 to Sep 30, 2016 • Filed on Mar 31, 2017

P O Box 270Charleston, MS 38921

(662) 647-2463

Siviq Scores

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

Liabilities / Assets

56th percentile

0.15x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

40th percentile

0.07x

Higher debt load relative to revenue than 40% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

45th percentile

0.7%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

53rd percentile

$68,990

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

53rd percentile

2.0%

Faster asset growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

45th percentile

1.1%

Faster revenue growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,196,902

Up $23,734 (+2.0%) from 2015

Net Assets

Up

$1,020,206

Up $18,100 (+1.8%) from 2015

Liabilities

Up

$176,696

Up $5,634 (+3.3%) from 2015

Revenue

Up

$2,714,000

Up $29,531 (+1.1%) from 2015

Expenses

Up

$2,695,900

Up $7,560 (+0.3%) from 2015

Net Income

Up

$18,100

Up $21,971 (+568%) from 2015

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 2010: $1,163,761Liabilities 2010: $293,314Net Assets 2010: $870,4472010Assets 2011: $1,097,961Liabilities 2011: $183,642Net Assets 2011: $914,3192011Assets 2012: $1,170,171Liabilities 2012: $192,151Net Assets 2012: $978,0202012Assets 2013: $1,146,599Liabilities 2013: $158,678Net Assets 2013: $987,9212013Assets 2014: $1,157,901Liabilities 2014: $139,924Net Assets 2014: $1,017,9772014Assets 2015: $1,173,168Liabilities 2015: $171,062Net Assets 2015: $1,002,1062015Assets 2016: $1,196,902Liabilities 2016: $176,696Net Assets 2016: $1,020,2062016Assets 2017: $1,141,219Liabilities 2017: $169,133Net Assets 2017: $972,0862017Assets 2018: $1,067,861Liabilities 2018: $167,748Net Assets 2018: $900,1132018Assets 2019: $939,645Liabilities 2019: $111,202Net Assets 2019: $828,4432019Assets 2020: $918,844Liabilities 2020: $123,868Net Assets 2020: $794,9762020Assets 2021: $1,034,508Liabilities 2021: $272,588Net Assets 2021: $761,9202021Assets 2022: $1,173,845Liabilities 2022: $470,195Net Assets 2022: $703,6502022Assets 2023: $969,100Liabilities 2023: $330,458Net Assets 2023: $638,6422023Assets 2024: $870,320Liabilities 2024: $289,633Net Assets 2024: $580,6872024Assets 2025: $1,012,764Liabilities 2025: $487,830Net Assets 2025: $524,9342025

Highlighted filing

2016

Assets$1,196,902
Liabilities$176,696
Net Assets$1,020,206

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,711,5932010Expenses 2011: $2,938,4572011Expenses 2012: $3,382,9152012Expenses 2013: $2,943,9662013Revenue 2014: $2,696,456Expenses 2014: $2,666,400Net Income 2014: $30,0562014Revenue 2015: $2,684,469Expenses 2015: $2,688,340Net Income 2015: -$3,8712015Revenue 2016: $2,714,000Expenses 2016: $2,695,900Net Income 2016: $18,1002016Revenue 2017: $2,496,642Expenses 2017: $2,544,762Net Income 2017: -$48,1202017Revenue 2018: $2,521,037Expenses 2018: $2,593,010Net Income 2018: -$71,9732018Revenue 2019: $2,556,424Expenses 2019: $2,628,094Net Income 2019: -$71,6702019Revenue 2020: $2,773,152Expenses 2020: $2,806,619Net Income 2020: -$33,4672020Revenue 2021: $3,828,572Expenses 2021: $3,861,628Net Income 2021: -$33,0562021Revenue 2022: $4,671,704Expenses 2022: $4,729,974Net Income 2022: -$58,2702022Revenue 2023: $4,282,298Expenses 2023: $4,347,306Net Income 2023: -$65,0082023Revenue 2024: $4,340,597Expenses 2024: $4,398,552Net Income 2024: -$57,9552024Revenue 2025: $3,759,626Expenses 2025: $3,815,379Net Income 2025: -$55,7532025

Highlighted filing

2016

Revenue$2,714,000
Expenses$2,695,900
Net Income$18,100
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Mar 31, 2017
Return Version
2015v3.0
Gross Receipts
$2,714,000
Mission and Program Overview

Mission

Mid-state opportunity, inc. Is a non-profit organization that administers community service programs that are funded primarily by federal financial assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,016,143$1,097,125▲ $80,982
Pledges and Grants Receivable$130,184$94,844▼ $35,340
Accounts Receivable$16,675--
Land, Buildings, and Equipment, Net$7,766$4,933▼ $2,833
Prepaid Expenses and Deferred Charges$2,400--
Total Assets$1,173,168$1,196,902▲ $23,734
Liabilities
Accounts Payable and Accrued Expenses$163,420$174,408▲ $10,988
Deferred Revenue$7,642$2,288▼ $5,354
Total Liabilities$171,062$176,696▲ $5,634
Net Assets / Fund Balance
Unrestricted Net Assets$1,002,106$1,020,206▲ $18,100
Total Net Assets Fund Balance$1,002,106$1,020,206▲ $18,100
Total Liabilities and Net Assets / Fund Balance$1,173,168$1,196,902▲ $23,734

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,933$44,846$49,779
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lynda BradfordExecutive Di$68,990$68,990
Pam McferrinFiscal Offic$61,857$61,857

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,714,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$25,296
Change in Net Assets
$18,100

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,714,000
Total Revenue per Audited Statements
$2,714,000
Total Revenue per Form 990
$2,714,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,877,221
Salaries, Compensation, and Employee Benefits$818,679
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$444,628$20,028-$464,656
Other Employee Benefits$172,753$50,423-$223,176
Current Officers, Directors, Trustees, and Key Employees-$130,847-$130,847
Occupancy$50,519--$50,519
Office Expenses$38,502$4,067-$42,569
Travel$34,701$3,723-$38,424
Other Expenses$216,339$-216,339-$31,239
Fees for Services Other$23,342$913-$24,255
Insurance$300$11,177-$11,477
Total Functional Expenses$2,669,742$26,158$0$2,695,900

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,695,900
Total Expenses per Audited Statements$2,695,900
Total Expenses per Form 990$2,695,900
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
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, Page 6, Part VI, Line 11B

The form 990 is reviewed by the executive director and fiscal officer pior to filing.

Form 990, Page 6, Part VI, Line 12C

Officers, directors, and key employees are required to submit conflicts of interest questionaires annually.

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

Compensation of the executive director is determined annually by the board of directors by examining comparable compensation of similarly qualified persons in functionally comparable positions at similarly situated organizations. The compensation process is contemporaneously documented by the organization.

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

Compensation of the executive director is determined annually by the board of directors by examining comparable compensation of similarly qualified persons in functionally comparable positions at similarly situated organizations. The compensation process is contemporaneously documented by the organization.

Form 990, Page 6, Part VI, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Mid-state Opportunity Inc
EIN
64-0432686
Phone
6626472463
Address
P O BOX 270, CHARLESTON, MS 38921

Signing Officer

Name
Lynda Bradford
Title
Executive Director
Phone
6626472463
Signed
2017-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynda Bradford
Formed
1971
Legal Domicile
Ms
Voting Board Members
18
Independent Board Members
18
Employees
56
Volunteers
15

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
PO BOX 391, HOUSTON, MS 38851
Preparer
Jason D Brooks CPA
Phone
6624485885
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Senior select program - funded by the delta workforce investment area (dwia) through south delta planning and development district - this program provides work experience and employability skills training to disadvantaged high school seniors to help them earn their high school diplomas and prepare for a school to work transition. Out-of-school select program - funded by the delta workforce investment area (dwia) through south delta planning and development district - this program provides work experience and employability skills training to economically disadvantaged 16 - 21 year old, low-income, out-of-school youth. The participants attend basic skills classes to prepare them for the ged examination and employability skills classes to prepare them for a school to work transition. Summer youth employment program: funded by dwia, this program provides summer employment for low-income youth ages 16-24. Mso operates various other programs to assist the disadvantaged.

Form 990, Part XI, Line 9

Change in temporarily restricted net assets 0

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IRS990/OtherExpensesGrp/Desc2CONTRACTUAL
IRS990/OtherExpensesGrp/Desc3ALLOC. OF INDIRECT COST
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY SERVICES BLOCK GRANT (CSBG) - FUNDED BY THE DIVISION OF COMMUNITY SERVICES, MDHS - PROVIDES CASE MANAGEMENT SERVICES AND ASSISTANCE IN EMPLOYMENT, EDUCATION, HEALTH, NUTRITION, TRANSPORTATION, CHILD CARE, HOUSING, EMERGENCY ASSISTANCE, INCOME MANAGEMENT AND SELF-SUFFICIENCY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TUNICA COUNTY - FUNDED BY THE TUNICA COUNTY BOARD OF SUPERVISORS - PROVIDES HOMEMAKER SERVICES, CONGREGATE AND HOME DELIVERED MEALS AND ENERGY ASSISTANCE.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0SENIOR SELECT PROGRAM - FUNDED BY THE DELTA WORKFORCE INVESTMENT AREA (DWIA) THROUGH SOUTH DELTA PLANNING AND DEVELOPMENT DISTRICT - THIS PROGRAM PROVIDES WORK EXPERIENCE AND EMPLOYABILITY SKILLS TRAINING TO DISADVANTAGED HIGH SCHOOL SENIORS TO HELP THEM EARN THEIR HIGH SCHOOL DIPLOMAS AND PREPARE FOR A SCHOOL TO WORK TRANSITION. OUT-OF-SCHOOL SELECT PROGRAM - FUNDED BY THE DELTA WORKFORCE INVESTMENT AREA (DWIA) THROUGH SOUTH DELTA PLANNING AND DEVELOPMENT DISTRICT - THIS PROGRAM PROVIDES WORK EXPERIENCE AND EMPLOYABILITY SKILLS TRAINING TO ECONOMICALLY DISADVANTAGED 16 - 21 YEAR OLD, LOW-INCOME, OUT-OF-SCHOOL YOUTH. THE PARTICIPANTS ATTEND BASIC SKILLS CLASSES TO PREPARE THEM FOR THE GED EXAMINATION AND EMPLOYABILITY SKILLS CLASSES TO PREPARE THEM FOR A SCHOOL TO WORK TRANSITION. SUMMER YOUTH EMPLOYMENT PROGRAM: FUNDED BY DWIA, THIS PROGRAM PROVIDES SUMMER EMPLOYMENT FOR LOW-INCOME YOUTH AGES 16-24. MSO OPERATES VARIOUS OTHER PROGRAMS TO ASSIST THE DISADVANTAGED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SENIOR SELECT PROGRAM - FUNDED BY THE DELTA WORKFORCE INVESTMENT AREA (DWIA) THROUGH SOUTH DELTA PLANNING AND DEVELOPMENT DISTRICT - THIS PROGRAM PROVIDES WORK EXPERIENCE AND EMPLOYABILITY SKILLS TRAINING TO DISADVANTAGED HIGH SCHOOL SENIORS TO HELP THEM EARN THEIR HIGH SCHOOL DIPLOMAS AND PREPARE FOR A SCHOOL TO WORK TRANSITION. OUT-OF-SCHOOL SELECT PROGRAM - FUNDED BY THE DELTA WORKFORCE INVESTMENT AREA (DWIA) THROUGH SOUTH DELTA PLANNING AND DEVELOPMENT DISTRICT - THIS PROGRAM PROVIDES WORK EXPERIENCE AND EMPLOYABILITY SKILLS TRAINING TO ECONOMICALLY DISADVANTAGED 16 - 21 YEAR OLD, LOW-INCOME, OUT-OF-SCHOOL YOUTH. THE PARTICIPANTS ATTEND BASIC SKILLS CLASSES TO PREPARE THEM FOR THE GED EXAMINATION AND EMPLOYABILITY SKILLS CLASSES TO PREPARE THEM FOR A SCHOOL TO WORK TRANSITION. SUMMER YOUTH EMPLOYMENT PROGRAM: FUNDED BY DWIA, THIS PROGRAM PROVIDES SUMMER EMPLOYMENT FOR LOW-INCOME YOUTH AGES 16-24. MSO OPERATES VARIOUS OTHER PROGRAMS TO ASSIST THE DISADVANTAGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND FISCAL OFFICER PIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT CONFLICTS OF INTEREST QUESTIONAIRES ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS BY EXAMINING COMPARABLE COMPENSATION OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION PROCESS IS CONTEMPORANEOUSLY DOCUMENTED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED ANNUALLY BY THE BOARD OF DIRECTORS BY EXAMINING COMPARABLE COMPENSATION OF SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION PROCESS IS CONTEMPORANEOUSLY DOCUMENTED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.01$0.49$0.52$3.76$3.82$0.06
2024Detailed filing. Detailed filing data is available for this year.$0.87$0.29$0.58$4.34$4.40$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.97$0.33$0.64$4.28$4.35$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.17$0.47$0.70$4.67$4.73$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.27$0.76$3.83$3.86$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.92$0.12$0.79$2.77$2.81$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.11$0.83$2.56$2.63$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.17$0.90$2.52$2.59$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.17$0.97$2.50$2.54$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.18$1.02$2.71$2.70$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.17$1.00$2.68$2.69$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.16$0.14$1.02$2.70$2.67$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.16$0.99$2.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.19$0.98$3.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.18$0.91$2.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.29$0.87$4.71