Civic Intelligence

Mississippi Asphalt Pavement

990 • Fiscal year 2017 • EIN 64-0442957

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 23, 2018

PO Box 904Jackson, MS 39205

(601) 948-5495

Siviq Scores

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

Liabilities / Assets

75th percentile

0.12x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.11x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

71st percentile

11%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

98th percentile

$133,249

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 27.3% of source-year revenue.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

61st percentile

8.0%

Faster asset growth than 61% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

-2.9%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$458,618

Up $33,824 (+8.0%) from 2016

Net Assets

Up

$403,714

Up $55,042 (+16%) from 2016

Liabilities

Down

$54,904

Down $21,218 (-28%) from 2016

Revenue

Down

$488,907

Down $14,486 (-2.9%) from 2016

Expenses

Down

$433,865

Down $51,385 (-11%) from 2016

Net Income

Up

$55,042

Up $36,899 (+203%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $361,953Liabilities 2010: $46,630Net Assets 2010: $315,3232010Assets 2011: $307,072Liabilities 2011: $21,426Net Assets 2011: $285,6462011Assets 2012: $510,680Liabilities 2012: $212,567Net Assets 2012: $298,1132012Assets 2013: $427,969Liabilities 2013: $167,926Net Assets 2013: $260,0432013Assets 2014: $360,679Liabilities 2014: $107,110Net Assets 2014: $253,5692014Assets 2015: $389,834Liabilities 2015: $59,305Net Assets 2015: $330,5292015Assets 2016: $424,794Liabilities 2016: $76,122Net Assets 2016: $348,6722016Assets 2017: $458,618Liabilities 2017: $54,904Net Assets 2017: $403,7142017Assets 2018: $454,121Liabilities 2018: $70,922Net Assets 2018: $383,1992018Assets 2019: $542,583Liabilities 2019: $189,924Net Assets 2019: $352,6592019Assets 2020: $531,527Liabilities 2020: $92,695Net Assets 2020: $438,8322020Assets 2021: $666,060Liabilities 2021: $183,200Net Assets 2021: $482,8602021Assets 2022: $733,391Liabilities 2022: $158,445Net Assets 2022: $574,9462022Assets 2023: $829,761Liabilities 2023: $95,858Net Assets 2023: $733,9032023Assets 2024: $890,339Liabilities 2024: $138,440Net Assets 2024: $751,8992024

Highlighted filing

2017

Assets$458,618
Liabilities$54,904
Net Assets$403,714

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $371,1752010Expenses 2011: $439,2022011Expenses 2012: $433,3412012Revenue 2013: $405,017Expenses 2013: $443,087Net Income 2013: -$38,0702013Revenue 2014: $480,161Expenses 2014: $486,635Net Income 2014: -$6,4742014Revenue 2015: $532,496Expenses 2015: $455,536Net Income 2015: $76,9602015Revenue 2016: $503,393Expenses 2016: $485,250Net Income 2016: $18,1432016Revenue 2017: $488,907Expenses 2017: $433,865Net Income 2017: $55,0422017Revenue 2018: $552,818Expenses 2018: $522,444Net Income 2018: $30,3742018Revenue 2019: $636,594Expenses 2019: $663,648Net Income 2019: -$27,0542019Revenue 2020: $668,458Expenses 2020: $591,966Net Income 2020: $76,4922020Revenue 2021: $615,497Expenses 2021: $579,309Net Income 2021: $36,1882021Revenue 2022: $675,370Expenses 2022: $560,258Net Income 2022: $115,1122022Revenue 2023: $672,600Expenses 2023: $534,323Net Income 2023: $138,2772023Revenue 2024: $604,885Expenses 2024: $598,904Net Income 2024: $5,9812024

Highlighted filing

2017

Revenue$488,907
Expenses$433,865
Net Income$55,042
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 23, 2018
Return Version
2017v2.2
Gross Receipts
$488,907
Mission and Program Overview

Mission

The objective and purpose of this association is to improve communications and understanding within the entire asphalt paving industry; to influence fair and equitable design, specifications and inspection; to protect the doctrine of free enterprise and competition; to stimulate and encourage more extensive research relative to the manufacture and use of asphalt pavements; to educate within the industry for higher standards, lawful trade practices and lawful ethical conduct; to act and function as an educational association on behalf of the asphalt paving industry; and to do any and all things lawful that may be of benefit to the members of the association or other business interests and for improving the physical, mental and moral condition of mankind.

To provide services and activities which promote the asphalt pavement industry at large.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$347,614$371,066▲ $23,452
Land, Buildings, and Equipment, Net$32,500$32,500→ $0
Accounts Receivable$32,800$31,311▼ $1,489
Prepaid Expenses and Deferred Charges$6,991$19,452▲ $12,461
Total Assets$424,794$458,618▲ $33,824
Other Assets Total$4,889$4,289▼ $600
Liabilities
Accounts Payable and Accrued Expenses$65,880$54,904▼ $10,976
Other Liabilities$10,242--
Total Liabilities$76,122$54,904▼ $21,218
Net Assets / Fund Balance
Total Net Assets Fund Balance$348,672$403,714▲ $55,042
Total Liabilities and Net Assets / Fund Balance$424,794$458,618▲ $33,824

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$107,538$107,538
Equipment$0$67,602$67,602
Land$32,500-$32,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tone S Garrett SrExecutive DirectorFT$117,200$16,049$133,249

Board Members and Trustees

NameTitle
Lester WilliamsPresident
Pepper BeckmanVice President
Bill BlainDirector
Bobby BullockDirector
Brett VandermeedenDirector
Eustace ConwayDirector
Frank MalletteDirector
Huey Stockstill JrDirector
Jr WoodDirector
Larry TompkinsDirector
Michael BlainDirector
Michael EllisDirector
Neal CokerDirector
Robert Neal CokerDirector
Trey GosaDirector
Ralph BarnesSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$488,518
Investment Income
$389
Other Revenue
$0
Change in Net Assets
$55,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$235,968
Salaries, Compensation, and Employee Benefits$197,897
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$117,200
Conferences and Meetings---$71,666
Other Salaries and Wages---$51,457
Advertising---$40,771
Pension Plan Contributions---$16,049
All Other Expenses---$14,855
Office Expenses---$13,958
Payroll Taxes---$13,191
Travel---$12,209
Other Expenses---$8,077
Fees for Services Lobbying---$4,156
Insurance---$3,595
Total Functional Expenses$0$0$0$433,865
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

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$4,156
Total Nondeductible Lobbying and Political Cost$4,156
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
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, Part VI, Section B, Line 11B

The return is reviewed by the executive director before filing.

Form 990, Part VI, Section C, Line 19

The organization makes its documents available for viewing upon request.

Filing and Contact Details

Filer

Filer Name
Mississippi Asphalt Pavement
EIN
64-0442957
Phone
6019485495
Address
PO BOX 904, JACKSON, MS 39205

Signing Officer

Name
Tone S Garrett Sr
Title
Executive Director
Phone
6019485495
Signed
2018-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tone S Garrett Sr
Formed
1966
Legal Domicile
Ms
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
0

Preparer

Firm
Horne Llp
Address
1020 HIGHLAND COLONY PKWY STE 400, RIDGELAND, MS 39157
Preparer
Tracie Dupuy CPA
Phone
6013261000
Raw XML Appendix399 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/MissionDesc0THE OBJECTIVE AND PURPOSE OF THIS ASSOCIATION IS TO IMPROVE COMMUNICATIONS AND UNDERSTANDING WITHIN THE ENTIRE ASPHALT PAVING INDUSTRY; TO INFLUENCE FAIR AND EQUITABLE DESIGN, SPECIFICATIONS AND INSPECTION; TO PROTECT THE DOCTRINE OF FREE ENTERPRISE AND COMPETITION; TO STIMULATE AND ENCOURAGE MORE EXTENSIVE RESEARCH RELATIVE TO THE MANUFACTURE AND USE OF ASPHALT PAVEMENTS; TO EDUCATE WITHIN THE INDUSTRY FOR HIGHER STANDARDS, LAWFUL TRADE PRACTICES AND LAWFUL ETHICAL CONDUCT; TO ACT AND FUNCTION AS AN EDUCATIONAL ASSOCIATION ON BEHALF OF THE ASPHALT PAVING INDUSTRY; AND TO DO ANY AND ALL THINGS LAWFUL THAT MAY BE OF BENEFIT TO THE MEMBERS OF THE ASSOCIATION OR OTHER BUSINESS INTERESTS AND FOR IMPROVING THE PHYSICAL, MENTAL AND MORAL CONDITION OF MANKIND.
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06991
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019452
IRS990/PrincipalOfficerNm0TONE S GARRETT SR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0DUES AND ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1ANNUAL CONVENTION
IRS990/ProgramServiceRevenueGrp/Desc2MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0321398
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1138504
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt227938
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3678
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0321398
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1138504
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt227938
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3678
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0168
IRS990/PYOtherExpensesAmt0321755
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0503225
IRS990/PYRevenuesLessExpensesAmt018143
IRS990/PYSalariesCompEmpBnftPaidAmt0163495
IRS990/PYTotalExpensesAmt0485250
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0503393
IRS990/ReconcilationRevenueExpnssAmt055042
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt080349
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0321398
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt04156
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt04156
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-76193
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0107538
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0107538
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067602
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067602
IRS990ScheduleD/LandGrp/BookValueAmt032500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032500
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032500
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE FOR VIEWING UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0424794
IRS990/TotalAssetsEOYAmt0458618
IRS990/TotalAssetsGrp/BOYAmt0424794
IRS990/TotalAssetsGrp/EOYAmt0458618
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0433865
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt076122
IRS990/TotalLiabilitiesEOYAmt054904
IRS990/TotalLiabilitiesGrp/BOYAmt076122
IRS990/TotalLiabilitiesGrp/EOYAmt054904
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0348672
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0403714
IRS990/TotalOtherCompensationAmt016049
IRS990/TotalProgramServiceRevenueAmt0488518
IRS990/TotalReportableCompFromOrgAmt0117200
IRS990/TotalRevenueGrp/ExclusionAmt0389
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0488518
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0488907
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0424794
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0458618
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt012209
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 904
IRS990/USAddress/CityNm0JACKSON
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039205
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.SUPERPAVE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TONE S GARRETT SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06019485495
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MISSISSIPPI ASPHALT PAVEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0640442957
ReturnHeader/Filer/PhoneNum06019485495
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 904
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039205
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BC619A55C3BD57EEB00F545ADEF2BCC560AB27BE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.175.140.26
ReturnHeader/FilingSecurityInformation/IPDt02018-02-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:55:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201941244
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HORNE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01020 HIGHLAND COLONY PKWY STE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIDGELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039157
ReturnHeader/PreparerPersonGrp/PhoneNum06013261000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRACIE DUPUY CPA
ReturnHeader/ReturnTs02018-02-27T11:16:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.90$1.38$7.52$6.05$5.99$0.06
2023Detailed filing. Detailed filing data is available for this year.$8.30$0.96$7.34$6.73$5.34$1.38
2022Detailed filing. Detailed filing data is available for this year.$7.33$1.58$5.75$6.75$5.60$1.15
2021Detailed filing. Detailed filing data is available for this year.$6.66$1.83$4.83$6.15$5.79$0.36
2020Detailed filing. Detailed filing data is available for this year.$5.32$0.93$4.39$6.68$5.92$0.76
2019Detailed filing. Detailed filing data is available for this year.$5.43$1.90$3.53$6.37$6.64$0.27
2018Detailed filing. Detailed filing data is available for this year.$4.54$0.71$3.83$5.53$5.22$0.30
2017Detailed filing. Detailed filing data is available for this year.$4.59$0.55$4.04$4.89$4.34$0.55
2016Detailed filing. Detailed filing data is available for this year.$4.25$0.76$3.49$5.03$4.85$0.18
2015Detailed filing. Detailed filing data is available for this year.$3.90$0.59$3.31$5.32$4.56$0.77
2014Detailed filing. Detailed filing data is available for this year.$3.61$1.07$2.54$4.80$4.87$0.06
2013Detailed filing. Detailed filing data is available for this year.$4.28$1.68$2.60$4.05$4.43$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$2.13$2.98$4.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.21$2.86$4.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$0.47$3.15$3.71
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)6 • <$500k nonprofits