Civic Intelligence

Community Foundation of East

EIN 64-0702225 • 501(c)3 • Meridian, MS

Profile

The community foundation of east mississippi is a public charity dedicated to maintaining, improving and enriching the quality of life in east mississippi by supporting worthy causes, providing philanthropic services, and encouraging and providing leadership in response to changing community needs. We are a catalyst for charitable giving where civic-minded individuals, families, and businesses can meet their philanthropic goals. The foundation meets this mission by developing and managing a comprehensive base of funds an expanding pool of charitable dollars, permanently committed to meeting the needs of the people of east mississippi.

P O Box 3977Meridian, MS 39303

www.cfem.org

Siviq Scores

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

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.07x

Higher debt load relative to revenue than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

77th percentile

25%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

21st percentile

$95,000

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

63rd percentile

8.4%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-5.0%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$10,741,877

Up $828,164 (+8.4%) from 2023

Liabilities

Down

$101,130

Down $68,603 (-40%) from 2023

Net Assets

Up

$10,640,747

Up $896,767 (+9.2%) from 2023

Operations
Liabilities / Revenue26th percentileNet Margin77th percentile

Revenue

Down

$1,379,428

Down $72,336 (-5.0%) from 2023

Expenses

Up

$1,041,360

Up $21,290 (+2.1%) from 2023

Net Income

Down

$338,068

Down $93,626 (-22%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$15M$10M$5.0M$0Assets 2010: $3,859,785Liabilities 2010: $24,975Net Assets 2010: $3,834,8102010Assets 2011: $4,534,162Liabilities 2011: $43,970Net Assets 2011: $4,490,1922011Assets 2012: $4,895,271Liabilities 2012: $21,143Net Assets 2012: $4,874,1282012Assets 2013: $5,284,978Liabilities 2013: $38,734Net Assets 2013: $5,246,2442013Assets 2014: $5,712,388Liabilities 2014: $152,800Net Assets 2014: $5,559,5882014Assets 2015: $5,239,802Liabilities 2015: $131,051Net Assets 2015: $5,108,7512015Assets 2016: $5,757,902Liabilities 2016: $99,594Net Assets 2016: $5,658,3082016Assets 2017: $6,864,709Liabilities 2017: $110,274Net Assets 2017: $6,754,4352017Assets 2018: $6,631,417Liabilities 2018: $109,548Net Assets 2018: $6,521,8692018Assets 2019: $7,813,296Liabilities 2019: $111,823Net Assets 2019: $7,701,4732019Assets 2020: $9,533,853Liabilities 2020: $605,856Net Assets 2020: $8,927,9972020Assets 2021: $10,282,703Liabilities 2021: $144,379Net Assets 2021: $10,138,3242021Assets 2022: $8,755,047Liabilities 2022: $158,672Net Assets 2022: $8,596,3752022Assets 2023: $9,913,713Liabilities 2023: $169,733Net Assets 2023: $9,743,9802023Assets 2024: $10,741,877Liabilities 2024: $101,130Net Assets 2024: $10,640,7472024

Highlighted filing

2024

Assets$10,741,877
Liabilities$101,130
Net Assets$10,640,747
Open 2024 Filing

Operations Trend

Revenue Growth25th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $479,3462010Expenses 2011: $500,7722011Expenses 2012: $749,1612012Revenue 2013: $558,550Expenses 2013: $725,384Net Income 2013: -$166,8342013Revenue 2014: $646,635Expenses 2014: $463,293Net Income 2014: $183,3422014Revenue 2015: $733,103Expenses 2015: $551,933Net Income 2015: $181,1702015Revenue 2016: $528,905Expenses 2016: $362,243Net Income 2016: $166,6622016Revenue 2017: $948,839Expenses 2017: $506,090Net Income 2017: $442,7492017Revenue 2018: $1,022,203Expenses 2018: $615,285Net Income 2018: $406,9182018Revenue 2019: $1,602,579Expenses 2019: $1,395,058Net Income 2019: $207,5212019Revenue 2020: $1,369,979Expenses 2020: $969,633Net Income 2020: $400,3462020Revenue 2021: $1,544,885Expenses 2021: $1,383,503Net Income 2021: $161,3822021Revenue 2022: $1,446,535Expenses 2022: $928,884Net Income 2022: $517,6512022Revenue 2023: $1,451,764Expenses 2023: $1,020,070Net Income 2023: $431,6942023Revenue 2024: $1,379,428Expenses 2024: $1,041,360Net Income 2024: $338,0682024

Highlighted filing

2024

Revenue$1,379,428
Expenses$1,041,360
Net Income$338,068
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,741,877
Liabilities
$101,130
Net assets
$10,640,747
Revenue
$1,379,428
Expenses
$1,041,360
Net income
$338,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.7$0.10$10.6$1.38$1.04$0.34
2023Detailed filing. Detailed filing data is available for this year.$9.91$0.17$9.74$1.45$1.02$0.43
2022Detailed filing. Detailed filing data is available for this year.$8.76$0.16$8.60$1.45$0.93$0.52
2021Detailed filing. Detailed filing data is available for this year.$10.3$0.14$10.1$1.54$1.38$0.16
2020Detailed filing. Detailed filing data is available for this year.$9.53$0.61$8.93$1.37$0.97$0.40
2019Detailed filing. Detailed filing data is available for this year.$7.81$0.11$7.70$1.60$1.40$0.21
2018Detailed filing. Detailed filing data is available for this year.$6.63$0.11$6.52$1.02$0.62$0.41
2017Detailed filing. Detailed filing data is available for this year.$6.86$0.11$6.75$0.95$0.51$0.44
2016Detailed filing. Detailed filing data is available for this year.$5.76$0.10$5.66$0.53$0.36$0.17
2015Detailed filing. Detailed filing data is available for this year.$5.24$0.13$5.11$0.73$0.55$0.18
2014Detailed filing. Detailed filing data is available for this year.$5.71$0.15$5.56$0.65$0.46$0.18
2013Detailed filing. Detailed filing data is available for this year.$5.28$0.04$5.25$0.56$0.73$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.02$4.87$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.53$0.04$4.49$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.02$3.83$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$2,957,200
Mission and Program Overview

Mission

The community foundation of east mississippi is a public charity dedicated to maintaining, improving and enriching the quality of life in east mississippi by supporting worthy causes, providing philanthropic services, and encouraging and providing leadership in response to changing community needs. We are a catalyst for charitable giving where civic-minded individuals, families, and businesses can meet their philanthropic goals. The foundation meets this mission by developing and managing a comprehensive base of funds an expanding pool of charitable dollars, permanently committed to meeting the needs of the people of east mississippi.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,365,539$10,189,512▲ $823,973
Land, Buildings, and Equipment, Net$352,868$338,848▼ $14,020
Cash and Non-Interest-Bearing Accounts$158,253$198,337▲ $40,084
Total Assets$9,896,660$10,741,877▲ $845,217
Other Assets Total$20,000$15,180▼ $4,820
Liabilities
Other Liabilities$148,061$99,966▼ $48,095
Accounts Payable and Accrued Expenses$4,619$1,164▼ $3,455
Total Liabilities$152,680$101,130▼ $51,550
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,975,589$8,728,796▲ $753,207
Net Assets Without Donor Restrictions$1,768,391$1,911,951▲ $143,560
Total Net Assets Fund Balance$9,743,980$10,640,747▲ $896,767
Total Liabilities and Net Assets / Fund Balance$9,896,660$10,741,877▲ $845,217

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$338,848$160,605$499,453

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$8,742,100$200,802▲ $1,207,925-$9,606,519
2023$7,607,538$536,771▲ $1,139,497-$8,742,100
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Christen WatersExecutive DiFT$95,000$95,000

Board Members and Trustees

NameTitle
Hampton ThamesPresident
Bob CoffinDirector
Candace MckayDirector
Caroline RushDirector
Chris PhillipsDirector
Heath StriblingDirector
Justin PalmerDirector
Leslie HiattDirector
Raquel McgeeDirector
Tra AlfordDirector
Anna WileImmedaite Pa
Scott HudsonSecretary
Leah HearnTreasurer
Ashley TurnerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$679,642
Program Service Revenue
$0
Investment Income
$645,928
Other Revenue
$53,858
All Other Contributions
$679,642
Change in Net Assets
$338,068

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded3$111,010
Other Non Cash Contri Table1$19,213
Total Noncash Contributions4$130,223

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,333,939
Revenue Not Reported on Financial Statements
$45,489
Revenue Not Reported on Form 990
$604,188
Total Revenue per Audited Statements
$1,938,127
Total Revenue per Form 990
$1,379,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$725,391
Other Expenses$159,416
Salaries, Compensation, and Employee Benefits$156,553
Total Fundraising Expense$68,046
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$725,391--$725,391
Current Officers, Directors, Trustees, and Key Employees$47,500$14,250$33,250$95,000
Other Salaries and Wages$22,547$18,387$5,033$45,967
Travel$8,684$13,331$3,157$25,172
Fees for Services Accounting-$22,525-$22,525
Information Technology$6,808$15,300$76$22,184
Fees for Services Other$3,000$12,750$1,500$17,250
Depreciation Depletion$1,402$11,216$1,402$14,020
Payroll Taxes$2,709$5,960$2,168$10,837
Office Expenses$3,113$3,797$626$7,536
Occupancy$1,800$4,200-$6,000
Insurance$1,745$4,072-$5,817
Other Employee Benefits$1,187$2,612$950$4,749
Other Expenses$673$1,571$2,892$2,244
Total Functional Expenses$835,226$138,088$68,046$1,041,360

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,041,360
Total Expenses per Audited Statements$1,041,360
Total Expenses per Form 990$1,041,360
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Apex OfficersLas Vegas, NV-General Support$67,500
Wesley House Community CenterMeridian, MS-General Support$65,689
Meridian Housing AuthorityMeridian, MS-General Support$52,500
Meridian Little TheatreMeridian, MS-General Support$51,445
Boys & Girls Club of East MsMeridian, MS-General Support$42,469
Mississippi Industrial Heritage MusMeridian, MS-General Support$35,085
St Patrick Catholic ChurchMeridian, MS-General Support$30,000
University of West AlHattiesburg, MS-General Support$28,145
Mississippi Organ Recovery AgencyFlowood, MS-General Support$25,000
United Way of East MsMeridian, MS-General Support$21,801
Lamar School FoundationMeridian, MS-General Support$20,300
Meridian Community College FoundatiMeridian, MS-General Support$20,000
Meridian Museum of ArtMeridian, MS-General Support$17,045
Merrihope - Meridian RestorationsMeridian, MS-General Support$14,316
Tuskegee UniversityMeridian, MS-General Support$12,000
Community of HopeMeridian, MS-General Support$9,783
University of Mississippi FinancialUniversity, MS-General Support$9,400
Loves KitchenMeridian, MS-General Support$8,568
Special Opympics of Ms Area 5Jackson, MS-Genreral Support$7,452
Lauderdale Baptist Crisis CenterMarion, MS-General Support$6,500
Philadelphia Public School DistrictPhiladelphia, MS-General Support$6,250
NafecoDecatur, AL-General Support$6,230
Meridian Coach & TravelMeridian, MS-General Support$5,876
Candice CokerMeridian, MS-General Support$5,197
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$109,907
Fundraising Direct Expenses$61,958
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Event I$109,907$109,907$61,958$47,949
Total Events$109,907$109,907$61,958$47,949
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held as Agency Endowments$88,536
Grants Payable$8,780
Accrued Expenses$2,650
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“All documents are available at community foundation office in meridian, ms .”

Filing and Contact Details

Filer

Filer Name
Community Foundation of East
EIN
64-0702225
Phone
6016963035
Address
P O BOX 3977, MERIDIAN, MS 39303

Signing Officer

Name
Leah Hearn
Title
Treasurer
Phone
6016963035
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anna Wile
Formed
1984
Legal Domicile
Ms
Voting Board Members
16
Independent Board Members
16
Employees
3

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
PO BOX 583, PHILADELPHIA, MS 39350
Preparer
Marsha L Mcdonald CPA
Phone
6016564252
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

“Wws notes that the form 990 is being amended to correct a classification error identified during the audit for the year ended december 31, 2024. The foundation determined that certain amounts previously reported as net assets without donor restrictions should have been classified as net assets with donor restrictions. As a result of this correction, the beginning and ending balances of net assets with and without donor restrictions have been restated to reflect the appropriate classification. This adjustment affects the presentation of net assets but does not change the foundations total net assets. Additionally, the correction required a reclassification between net asset categories that impacted the previously reported change in net assets for the year; however, the total change in net assets for the period remains unchanged. The amendment updates the financial statements and disclosures to accurately reflect this reclassification.”

FORM 990 - ORGANIZATION'S MISSION

“The community foundation of east mississippi is a public charity dedicated to maintaining, improving and enriching the quality of life in east mississippi by supporting worthy causes, providing philanthropic services, and encouraging and providing leadership in response to changing community needs. We are a catalyst for charitable giving where civic-minded individuals, families, and businesses can meet their philanthropic goals. The foundation meets this mission by developing and managing a comprehensive base of funds an expanding pool of charitable dollars, permanently committed to meeting the needs of the people of east mississippi.”

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

“Improve community for all.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The organizations endowment funds are maintained to support its long-term financial stability and mission-driven activities. Endowment earnings are designated to fund ongoing programs, educational initiatives, community services, and operational needs consistent with donor restrictions and board-approved policies. Funds are managed to preserve principal, generate sustainable income, and ensure resources are available for future programmatic and strategic priorities.”

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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 COMMUNITY FOUNDATION OF EAST MISSISSIPPI IS A PUBLIC CHARITY DEDICATED TO MAINTAINING, IMPROVING AND ENRICHING THE QUALITY OF LIFE IN EAST MISSISSIPPI BY SUPPORTING WORTHY CAUSES, PROVIDING PHILANTHROPIC SERVICES, AND ENCOURAGING AND PROVIDING LEADERSHIP IN RESPONSE TO CHANGING COMMUNITY NEEDS. WE ARE A CATALYST FOR CHARITABLE GIVING WHERE CIVIC-MINDED INDIVIDUALS, FAMILIES, AND BUSINESSES CAN MEET THEIR PHILANTHROPIC GOALS. THE FOUNDATION MEETS THIS MISSION BY DEVELOPING AND MANAGING A COMPREHENSIVE BASE OF FUNDS AN EXPANDING POOL OF CHARITABLE DOLLARS, PERMANENTLY COMMITTED TO MEETING THE NEEDS OF THE PEOPLE OF EAST MISSISSIPPI.
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