Civic Intelligence

Mississippi Community College Foundation

EIN 64-0736785 • 501(c)3 • Jackson, MS

Profile

To promote, encourage, and assist all forms of education, research, and economic development conducted by the fifteen community and junior colleges in the State of Mississippi by receiving, soliciting, accepting, and administering funds for educational purposes.

1900 Lakeland Drive Box 941Jackson, MS 39216
Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.63x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-3.8%

Higher net margin than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$47,586

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 48.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

47th percentile

-4.1%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

10th percentile

-76%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$464,845

Down $19,765 (-4.1%) from 2023

Liabilities

Down

$61,922

Down $16,030 (-21%) from 2023

Net Assets

Down

$402,923

Down $3,735 (-0.9%) from 2023

Revenue

Down

$98,792

Down $310,858 (-76%) from 2023

Expenses

Down

$102,527

Down $294,331 (-74%) from 2023

Net Income

Down

-$3,735

Down $16,527 (-129%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $817,500Liabilities 2011: $218,174Net Assets 2011: $599,3262011Assets 2012: $633,000Liabilities 2012: $45,957Net Assets 2012: $587,0432012Assets 2013: $568,808Liabilities 2013: $49,016Net Assets 2013: $519,7922013Assets 2015: $613,149Liabilities 2015: $93,445Net Assets 2015: $519,7042015Assets 2016: $736,470Liabilities 2016: $205,125Net Assets 2016: $531,3452016Assets 2017: $748,616Liabilities 2017: $116,688Net Assets 2017: $631,9282017Assets 2018: $925,890Liabilities 2018: $121,847Net Assets 2018: $804,0432018Assets 2019: $751,134Liabilities 2019: $164,578Net Assets 2019: $586,5562019Assets 2020: $668,932Liabilities 2020: $198,442Net Assets 2020: $470,4902020Assets 2021: $495,912Liabilities 2021: $86,600Net Assets 2021: $409,3122021Assets 2022: $546,659Liabilities 2022: $140,582Net Assets 2022: $406,0772022Assets 2023: $484,610Liabilities 2023: $77,952Net Assets 2023: $406,6582023Assets 2024: $464,845Liabilities 2024: $61,922Net Assets 2024: $402,9232024

Highlighted filing

2024

Assets$464,845
Liabilities$61,922
Net Assets$402,923

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $990,6702011Expenses 2012: $793,8922012Expenses 2013: $789,0932013Revenue 2015: $796,902Expenses 2015: $730,818Net Income 2015: $66,0842015Revenue 2016: $810,721Expenses 2016: $799,080Net Income 2016: $11,6412016Revenue 2017: $779,612Expenses 2017: $679,029Net Income 2017: $100,5832017Revenue 2018: $1,024,897Expenses 2018: $852,782Net Income 2018: $172,1152018Revenue 2019: $568,889Expenses 2019: $786,376Net Income 2019: -$217,4872019Revenue 2020: $729,108Expenses 2020: $845,174Net Income 2020: -$116,0662020Revenue 2021: $115,842Expenses 2021: $177,020Net Income 2021: -$61,1782021Revenue 2022: $112,016Expenses 2022: $115,251Net Income 2022: -$3,2352022Revenue 2023: $409,650Expenses 2023: $396,858Net Income 2023: $12,7922023Revenue 2024: $98,792Expenses 2024: $102,527Net Income 2024: -$3,7352024

Highlighted filing

2024

Revenue$98,792
Expenses$102,527
Net Income-$3,735

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.06$0.40$0.10$0.10$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.08$0.41$0.41$0.40$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.14$0.41$0.11$0.12$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.09$0.41$0.12$0.18$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.20$0.47$0.73$0.85$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.16$0.59$0.57$0.79$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.12$0.80$1.02$0.85$0.17
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.12$0.63$0.78$0.68$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.21$0.53$0.81$0.80$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.09$0.52$0.80$0.73$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.05$0.52$0.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.05$0.59$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.22$0.60$0.99
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 22, 2018
Return Version
2016v3.0
Gross Receipts
$779,612
Mission and Program Overview

Mission

To promote, encourage, and assist all forms of education, research, and economic development conducted by the fifteen community and junior colleges in the State of Mississippi by receiving, soliciting, accepting, and administering funds for educational purposes.

To promote and encourage education in Mississippi public community and junior colleges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$565,820$474,177▼ $91,643
Savings and Temporary Cash Investments$149,017$140,426▼ $8,591
Accounts Receivable$14,336$129,040▲ $114,704
Land, Buildings, and Equipment, Net$5,549$3,225▼ $2,324
Prepaid Expenses and Deferred Charges$1,548$1,548→ $0
Total Assets$736,470$748,616▲ $12,146
Other Assets Total$200$200→ $0
Liabilities
Other Liabilities$77,081$84,859▲ $7,778
Accounts Payable and Accrued Expenses$116,124$19,909▼ $96,215
Deferred Revenue$11,920$11,920→ $0
Total Liabilities$205,125$116,688▼ $88,437
Net Assets / Fund Balance
Unrestricted Net Assets$517,526$566,155▲ $48,629
Temporarily Rstr Net Assets$13,819$65,773▲ $51,954
Total Net Assets Fund Balance$531,345$631,928▲ $100,583
Total Liabilities and Net Assets / Fund Balance$736,470$748,616▲ $12,146

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,225$33,534$36,759
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Dr Howell C GarnerExecutive DirectorFT$97,850$97,850

Board Members and Trustees

NameTitle
Dr Mary GrahamChair
Dr Valmadge TownerVice-Chair
Dr Andrea MayfieldBoard member
Dr Billy StewartBoard member
Dr Clyde MuseBoard member
Dr Gary SpearsBoard member
Dr Jesse SmithBoard member
Dr Jim HaffeyBoard member
Dr Ronnie NettlesBoard member
Dr Scott ElliottBoard member
Dr Steve BishopBoard member
Dr Thomas Huebner JrBoard member
Dr William LewisBoard member
Mr Michael EatonBoard member
Mr Ricky G FordBoard member
Dr Don PhillipsAt-large Member, Region I
Mr Joe LovizaAt-large Member, Region II
Mr Liles WilliamsAt-large Member, Region II
Mr Lucien Bourgeois JDAt-large Member, Region IV
Dr Larry NaborsSecretary-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$174,076
Program Service Revenue
$605,070
Investment Income
$466
Other Revenue
$0
All Other Contributions
$42,500
Change in Net Assets
$100,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$779,612
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$97,850
Total Revenue per Audited Statements
$877,462
Total Revenue per Form 990
$779,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$495,029
Salaries, Compensation, and Employee Benefits$181,000
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$276,211$3,323-$279,534
Other Salaries and Wages$116,295$15,858-$132,153
Travel$49,396--$49,396
Other Employee Benefits$31,284$4,266-$35,550
Office Expenses$20,354$4,355-$24,709
Occupancy$16,554$2,257-$18,811
Fees for Services Accounting-$16,169-$16,169
Payroll Taxes$8,634$1,177-$9,811
Insurance$3,297$450-$3,747
Pension Plan Contributions$3,068$418-$3,486
Grants to Domestic Orgs$3,000--$3,000
Depreciation Depletion$2,045$279-$2,324
Other Expenses$1,000$1,031-$1,000
Information Technology$238$32-$270
Interest-$11-$11
Total Functional Expenses$629,403$49,626$0$679,029

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$776,879
Expenses per Audited Statements$679,029
Total Expenses per Form 990$679,029
Expenses Not Reported on Form 990$97,850
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Fund$84,859
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
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, Part VI, Section B, line 11B

A draft of the Form 990 is sent to the Executive Director and all other board members. Form 990 is reviewed and any questions that arise from the Board of Directors are answered and/or cleared prior to the filing of the return.

Form 990, Part VI, Section B, line 12C

The conflict of interest policy is provided to the Board of Directors and key employees annually. Any conflict of interest that arises during the year is discussed and resolved by the Executive Director and/or the Board of Directors and will be disclosed and recorded in the official board minutes.

Form 990, Part VI, Section B, line 15

Compensation of the organization's officers and key employees is reviewed by the Board of Directors.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy and financial statements available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Mississippi Community College Foundation
EIN
64-0736785
Phone
6013213904
Address
1900 Lakeland Drive Box 941, Jackson, MS 39216

Signing Officer

Name
Dr Howell C Garner
Title
Executive Director
Phone
6013213904
Signed
2018-03-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Howell C Garner
Formed
1986
Legal Domicile
Ms
Voting Board Members
20
Independent Board Members
20
Employees
4
Volunteers
20

Preparer

Firm
Matthews Cutrer & Lindsay PA
Address
599 C Steed Road, Ridgeland, MS 39157
Preparer
Charles R Lindsay CPA
Phone
6018988875
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other Fees: Program service expenses 276,211. Management and general expenses 3,323. Fundraising expenses 0. Total expenses 279,534.

Part XII, Line 2C-Audited Financial Statement Oversight Committee:

The auditor meets with the Board of Directors making a full presentation at the completion of the audit for the year answering any of the Board's questions. The auditor works closely with the Board of Directors during the year should any concerns arise.

Raw XML AppendixShowing 400 of 555 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/Desc0Mississippi Alternate Path to Quality School Leadership:The MAPQSL training institute has proven to be an effective program to prepare educators to become licensed Administrators. The program focuses on training educators who are interested in becoming administrators in school districts across the State of Mississippi. Since the program was implemented in 2005, approximately 1180 participants have completed the alternate route program for leadership.Beginning June 2016, eighty-five (85) participants trained and completed the MAPQSL summer session by attending classroom instruction held at three community college sites. A total of eighty-three (83) participants were enrolled and attended the nine Saturday sessions to complete requirements to receive their 5-year entry level Administrator's license from the Mississippi Department of Education.During the summer session beginning June 2017, seventy (70) participants were trained and seventy (70) successfully completed the MAPQSL session by attending classroom instruction and meeting all requirements for certification.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Dr Don Phillips
IRS990/Form990PartVIISectionAGrp/PersonNm1Mr Liles Williams
IRS990/Form990PartVIISectionAGrp/PersonNm2Mr Joe Loviza
IRS990/Form990PartVIISectionAGrp/PersonNm3Mr Lucien Bourgeois JD
IRS990/Form990PartVIISectionAGrp/PersonNm4Dr Andrea Mayfield
IRS990/Form990PartVIISectionAGrp/PersonNm5Dr William Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Steve Bishop
IRS990/Form990PartVIISectionAGrp/PersonNm7Dr Scott Elliott
IRS990/Form990PartVIISectionAGrp/PersonNm8Dr Ronnie Nettles
IRS990/Form990PartVIISectionAGrp/PersonNm9Mr Michael Eaton
IRS990/Form990PartVIISectionAGrp/PersonNm10Dr Thomas Huebner Jr
IRS990/Form990PartVIISectionAGrp/PersonNm11Dr Jim Haffey
IRS990/Form990PartVIISectionAGrp/PersonNm12Dr Jesse Smith
IRS990/Form990PartVIISectionAGrp/PersonNm13Dr Gary Spears
IRS990/Form990PartVIISectionAGrp/PersonNm14Dr Clyde Muse
IRS990/Form990PartVIISectionAGrp/PersonNm15Dr Billy Stewart
IRS990/Form990PartVIISectionAGrp/PersonNm16Mr Ricky G Ford
IRS990/Form990PartVIISectionAGrp/PersonNm17Dr Mary Graham
IRS990/Form990PartVIISectionAGrp/PersonNm18Dr Larry Nabors
IRS990/Form990PartVIISectionAGrp/PersonNm19Dr Valmadge Towner
IRS990/Form990PartVIISectionAGrp/PersonNm20Dr Howell C Garner
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IRS990/Form990PartVIISectionAGrp/TitleTxt0At-large Member, Region I
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IRS990/Form990PartVIISectionAGrp/TitleTxt15Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt18Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt19Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt20Executive Director
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IRS990/MissionDesc0To promote, encourage, and assist all forms of education, research, and economic development conducted by the fifteen community and junior colleges in the State of Mississippi by receiving, soliciting, accepting, and administering funds for educational purposes.
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IRS990/PrincipalOfficerNm0Dr Howell C Garner
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Mississippi Alternate Path to Quality Teachers Institute:The MAPQT Institute has proven to be an effective teaching program for individuals interested in entering the teaching profession. This institute focuses on training teachers who will primarily teach in the secondary school setting. Since its inception in 2002, approximately 3,200 participants have completed the alternate route program.A total number of 96 participants were employed for the 2016-2017 school year and completed the program by attending nine Saturday sessions held at five statewide community college sites, thereby completing the requirements to receive their 5-year teacher license from the Mississippi State Department of Education. From January 2017 through June 2017, 145 applications were received and reviewed for admittance to the MAPQT program. During the summer session beginning June 2017, 90 participants participated in the MAPQT program offered at seven community college sites.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Mississippi Community College Leadership Academy:The MCCLA was established in the summer of 2009 to address the impending shortage of leaders within Mississippi community & junior colleges. It is evident that the retirement nationwide of college presidents and other leaders over the next five to ten years will leave a shortage of seasoned college leaders unless colleges and college systems begin to equip potential leaders to accept leadership roles. The MCCLA was founded to prepare those who are already a part of the Mississippi community college family to assume greater leadership roles in the future. The Academy is designed to draw upon the wisdom and expertise of college presidents and other individuals in college leadership, as well as individuals who may provide a more global view of the college and its future.Thirty-seven individuals graduated from the Leadership Academy on Thursday, May 4, 2017. Graduates were from the fifteen public community colleges, UM, MSU, MUW and the MCCB. Thirty-one participants were accepted into the ninth MCCLA class, which held its first session on June 25, 2017 at Eagle Ridge Conference Center.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Mississippi Community and Junior College Sports Hall of Fame:The Mississippi Community College Sports Hall of Fame (SHF) was conceived in the fall of 2006 as a means of recognizing athletes and coaches who have played and/or coached in one or more of Mississippi's public community and junior colleges. The first induction banquet was held at Co-Lin in April 2007. MCCF worked with the SHF Executive Committee to coordinate the recognition banquet of the eleventh class of inductees, held on April 25, 2017, at the Muse Center on the Rankin County Campus of Hinds Community College. The twelfth annual SHF Induction Banquet will be held on Tuesday, April 24, 2018.
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