Civic Intelligence

Mississippi Consumer Finance Asso

EIN 64-0507605 • 501(c)6 • Jackson, MS

Profile

The mississippi consumer finance association is a non-profit corporation, which was founded in 1958 for the purpose of promoting the welfare and education of its members engaged in the personal installment loan business in the state of mississippi.

PO Box 5004Jackson, MS 39296

www.mcfassn.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-23%

Higher net margin than 20% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-23%

Faster asset growth than 25% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

117%

Faster revenue growth than 96% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$105,536

Down $31,399 (-23%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$105,536

Down $31,399 (-23%) from 2023

Revenue

Up

$137,593

Up $74,163 (+117%) from 2023

Expenses

Up

$168,991

Up $44,184 (+35%) from 2023

Net Income

Up

-$31,398

Up $29,979 (+49%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $139,250Liabilities 2011: $02011Assets 2012: $268,579Liabilities 2012: $84,023Net Assets 2012: $184,5562012Assets 2013: $196,330Liabilities 2013: $0Net Assets 2013: $196,3302013Assets 2014: $251,228Liabilities 2014: $94,861Net Assets 2014: $156,3672014Assets 2015: $233,465Liabilities 2015: $96,799Net Assets 2015: $136,6662015Assets 2016: $201,172Liabilities 2016: $83,307Net Assets 2016: $117,8652016Assets 2017: $202,034Liabilities 2017: $101,023Net Assets 2017: $101,0112017Assets 2018: $229,476Liabilities 2018: $98,433Net Assets 2018: $131,0432018Assets 2019: $118,087Liabilities 2019: $0Net Assets 2019: $118,0872019Assets 2020: $135,457Liabilities 2020: $0Net Assets 2020: $135,4572020Assets 2021: $169,451Liabilities 2021: $0Net Assets 2021: $169,4512021Assets 2022: $228,643Liabilities 2022: $0Net Assets 2022: $228,6432022Assets 2023: $136,935Liabilities 2023: $0Net Assets 2023: $136,9352023Assets 2024: $105,536Liabilities 2024: $0Net Assets 2024: $105,5362024

Highlighted filing

2024

Assets$105,536
Liabilities$0
Net Assets$105,536

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $137,715Expenses 2011: $120,440Net Income 2011: $17,2752011Expenses 2012: $192,1112012Expenses 2013: $236,2682013Revenue 2014: $120,998Expenses 2014: $160,961Net Income 2014: -$39,9632014Revenue 2015: $140,292Expenses 2015: $159,993Net Income 2015: -$19,7012015Revenue 2016: $159,845Expenses 2016: $178,646Net Income 2016: -$18,8012016Revenue 2017: $177,181Expenses 2017: $194,035Net Income 2017: -$16,8542017Revenue 2018: $163,921Expenses 2018: $133,889Net Income 2018: $30,0322018Revenue 2019: $126,011Expenses 2019: $138,967Net Income 2019: -$12,9562019Revenue 2020: $153,659Expenses 2020: $136,289Net Income 2020: $17,3702020Revenue 2021: $147,446Expenses 2021: $113,452Net Income 2021: $33,9942021Revenue 2022: $192,073Expenses 2022: $132,881Net Income 2022: $59,1922022Revenue 2023: $63,430Expenses 2023: $124,807Net Income 2023: -$61,3772023Revenue 2024: $137,593Expenses 2024: $168,991Net Income 2024: -$31,3982024

Highlighted filing

2024

Revenue$137,593
Expenses$168,991
Net Income-$31,398

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$1.38$1.69$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.63$1.25$0.61
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$1.92$1.33$0.59
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$1.47$1.13$0.34
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$1.54$1.36$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$1.26$1.39$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.29$0.98$1.31$1.64$1.34$0.30
2017Detailed filing. Detailed filing data is available for this year.$2.02$1.01$1.01$1.77$1.94$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.01$0.83$1.18$1.60$1.79$0.19
2015Detailed filing. Detailed filing data is available for this year.$2.33$0.97$1.37$1.40$1.60$0.20
2014Detailed filing. Detailed filing data is available for this year.$2.51$0.95$1.56$1.21$1.61$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.00$1.96$2.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.84$1.85$1.92
2011Summary only. Only limited summary data is available for this year.$1.39$0.00$1.38$1.20$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Mar 7, 2025
Return Version
2023v6.0
Gross Receipts
$137,593
Mission and Program Overview

Mission

The mississippi consumer finance association is a non-profit corporation, which was founded in 1958 for the purpose of promoting the welfare and education of its members engaged in the personal loan business in the state of mississippi.

Education of public and members on industry change

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$136,935$105,536▼ $31,399
Cap Stk Tr Prin Current Funds$136,935$105,536▼ $31,399
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$136,935$105,536▼ $31,399
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$136,935$105,536▼ $31,399
Total Liabilities and Net Assets / Fund Balance$136,935$105,536▼ $31,399
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patrick WilliamsPresident
Position OpenVice President
Austin ClancyNonresident Director
Bryan AndersonNonresident Director
Chris MckinleyNonresident Director
David KornNonresident Director
Eddie GatticaNonresident Director
Elizabeth HammondNonresident Director
Arnie HedermanResident Director
Ernie FelkerResident Director
John CurleyResident Director
Keith FrazierResident Director
Marty MiskellyResident Director
Michael WeaverFifth District
Stacy MackeyFirst District
Maribeth WhiteSecond District
Paul RobinsonSixth District
Jerry FitchThird District
Thomas ConnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$116,730
Program Service Revenue
$20,800
Investment Income
$63
Other Revenue
$0
Change in Net Assets
$-31,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$168,991
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management---$160,080
Office Expenses---$3,580
Fees for Services Accounting---$2,975
Other Expenses---$1,264
Insurance---$1,092
Total Functional Expenses$0$0$0$168,991
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 A, Line 6

Members may include consumer finance companies (any company that has a small loan license in the state of mississippi). Associate members may include any company or individual that provides a product or service to the finance industry. Membership in both categories applies to the corporation or business entity, making all principals and employees eligible for all activities and benefits.

Form 990, Part VI, Section A, Line 7A

The association's officers and directors are elected by dues-paying members only at the annual state convention.

Form 990, Part VI, Section B, Line 11B

The return is discussed at scheduled meetings.

Form 990, Part VI, Section C, Line 19

The organization can be contacted directly in order to request copies of any of the named documents.

Filing and Contact Details

Filer

Filer Name
Mississippi Consumer Finance Asso
EIN
64-0507605
Phone
6019486020
Address
PO BOX 5004, JACKSON, MS 39296

Signing Officer

Name
Harper Coleman
Title
Executive Director
Phone
6019486020
Signed
2025-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harper Coleman
Formed
1958
Legal Domicile
Ms
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
R Buck Coats CPA Pc
Address
2085 MAIN ST SUITE B, MADISON, MS 39110
Preparer
R Buck Coats CPA
Phone
6015408058
Raw XML AppendixShowing 400 of 401 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/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0HARPER COLEMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0CONVENTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020800
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0135887
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt076
IRS990/PYOtherExpensesAmt0124807
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0-72533
IRS990/PYRevenuesLessExpensesAmt0-61377
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0124807
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt063430
IRS990/ReconcilationRevenueExpnssAmt0-31398
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0116730
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS MAY INCLUDE CONSUMER FINANCE COMPANIES (ANY COMPANY THAT HAS A SMALL LOAN LICENSE IN THE STATE OF MISSISSIPPI). ASSOCIATE MEMBERS MAY INCLUDE ANY COMPANY OR INDIVIDUAL THAT PROVIDES A PRODUCT OR SERVICE TO THE FINANCE INDUSTRY. MEMBERSHIP IN BOTH CATEGORIES APPLIES TO THE CORPORATION OR BUSINESS ENTITY, MAKING ALL PRINCIPALS AND EMPLOYEES ELIGIBLE FOR ALL ACTIVITIES AND BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION'S OFFICERS AND DIRECTORS ARE ELECTED BY DUES-PAYING MEMBERS ONLY AT THE ANNUAL STATE CONVENTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS DISCUSSED AT SCHEDULED MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION CAN BE CONTACTED DIRECTLY IN ORDER TO REQUEST COPIES OF ANY OF THE NAMED DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LENDERS POLITICAL ACTION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0640751353
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0POLITICAL ACTION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 24087
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0JACKSON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd039225
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0136935
IRS990/TotalAssetsEOYAmt0105536
IRS990/TotalAssetsGrp/BOYAmt0136935
IRS990/TotalAssetsGrp/EOYAmt0105536
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0116730
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0168991
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0136935
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0105536
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt020800
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt063
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt020800
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0137593
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0136935
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0105536
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 5004
IRS990/USAddress/CityNm0JACKSON
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039296
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0WWW.MCFASSN.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HARPER COLEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06019486020
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MISSISSIPPI CONSUMER FINANCE ASSO
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O BETH HAMILTON
ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0640507605
ReturnHeader/Filer/PhoneNum06019486020
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5004
ReturnHeader/Filer/USAddress/CityNm0JACKSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039296
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640801295
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0R BUCK COATS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02085 MAIN ST SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039110
ReturnHeader/PreparerPersonGrp/PhoneNum06015408058
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R BUCK COATS CPA
ReturnHeader/ReturnTs02025-03-07T13:48:49-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-08-01
ReturnHeader/TaxPeriodEndDt02024-07-31

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