Civic Intelligence

Pearl River Community College Development Foundation Inc.

990 • Fiscal year 2017 • EIN 64-0750513

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 15, 2018

Station A Box 237Poplarville, MS 39470

(601) 403-1182

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

9th percentile

0.00x

Higher debt load relative to revenue than 9% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

93rd percentile

55%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

98th percentile

444%

Faster revenue growth than 98% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$8,835,397

Up $3,146,536 (+55%) from 2016

Net Assets

Up

$8,823,193

Up $3,148,197 (+55%) from 2016

Liabilities

Down

$12,204

Down $1,661 (-12%) from 2016

Revenue

Up

$4,173,344

Up $3,406,258 (+444%) from 2016

Expenses

Up

$1,025,147

Up $44,779 (+4.6%) from 2016

Net Income

Up

$3,148,197

Up $3,361,479 (+1576%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $4,873,734Liabilities 2011: $11,203Net Assets 2011: $4,862,5312011Assets 2012: $4,807,293Liabilities 2012: $11,063Net Assets 2012: $4,796,2302012Assets 2013: $5,056,613Liabilities 2013: $29,631Net Assets 2013: $5,026,9822013Assets 2014: $5,725,548Liabilities 2014: $20,303Net Assets 2014: $5,705,2452014Assets 2015: $5,901,135Liabilities 2015: $12,857Net Assets 2015: $5,888,2782015Assets 2016: $5,688,861Liabilities 2016: $13,865Net Assets 2016: $5,674,9962016Assets 2017: $8,835,397Liabilities 2017: $12,204Net Assets 2017: $8,823,1932017Assets 2018: $9,079,116Liabilities 2018: $71,789Net Assets 2018: $9,007,3272018Assets 2019: $8,956,310Liabilities 2019: $30,858Net Assets 2019: $8,925,4522019Assets 2020: $8,456,381Liabilities 2020: $48,048Net Assets 2020: $8,408,3332020Assets 2021: $10,258,511Liabilities 2021: $17,996Net Assets 2021: $10,240,5152021Assets 2022: $9,768,525Liabilities 2022: $33,879Net Assets 2022: $9,734,6462022Assets 2023: $10,342,740Liabilities 2023: $0Net Assets 2023: $10,342,7402023Assets 2024: $17,816,120Liabilities 2024: $0Net Assets 2024: $17,816,1202024

Highlighted filing

2017

Assets$8,835,397
Liabilities$12,204
Net Assets$8,823,193

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $770,2092011Expenses 2012: $764,8632012Expenses 2013: $714,4192013Revenue 2014: $1,610,421Expenses 2014: $928,221Net Income 2014: $682,2002014Revenue 2015: $1,154,405Expenses 2015: $971,372Net Income 2015: $183,0332015Revenue 2016: $767,086Expenses 2016: $980,368Net Income 2016: -$213,2822016Revenue 2017: $4,173,344Expenses 2017: $1,025,147Net Income 2017: $3,148,1972017Revenue 2018: $1,451,599Expenses 2018: $1,267,465Net Income 2018: $184,1342018Revenue 2019: $1,592,357Expenses 2019: $1,674,232Net Income 2019: -$81,8752019Revenue 2020: $1,434,934Expenses 2020: $1,490,346Net Income 2020: -$55,4122020Revenue 2021: $2,886,259Expenses 2021: $1,054,077Net Income 2021: $1,832,1822021Revenue 2022: $2,432,470Expenses 2022: $1,761,693Net Income 2022: $670,7772022Revenue 2023: $2,144,468Expenses 2023: $1,897,554Net Income 2023: $246,9142023Revenue 2024: $8,840,850Expenses 2024: $2,046,241Net Income 2024: $6,794,6092024

Highlighted filing

2017

Revenue$4,173,344
Expenses$1,025,147
Net Income$3,148,197
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 15, 2018
Return Version
2016v3.1
Gross Receipts
$4,173,344
Mission and Program Overview

Mission

TO PROVIDE SCHOLARSHIPS

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,558,097$7,484,863▲ $2,926,766
Cash and Non-Interest-Bearing Accounts$952,815$1,172,665▲ $219,850
Savings and Temporary Cash Investments$175,000$175,000→ $0
Land, Buildings, and Equipment, Net$2,949$2,869▼ $80
Total Assets$5,688,861$8,835,397▲ $3,146,536
Liabilities
Accounts Payable and Accrued Expenses$13,865$12,204▼ $1,661
Total Liabilities$13,865$12,204▼ $1,661
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,404,122$6,248,557▲ $2,844,435
Temporarily Rstr Net Assets$1,235,851$1,380,371▲ $144,520
Unrestricted Net Assets$1,035,023$1,194,265▲ $159,242
Total Net Assets Fund Balance$5,674,996$8,823,193▲ $3,148,197
Total Liabilities and Net Assets / Fund Balance$5,688,861$8,835,397▲ $3,146,536

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,869$48,560$51,429
Compensation and Service Providers

Board Members and Trustees

NameTitle
Francis HerrinBoard Chairm
Verlene ColeChairperson
Tracy WaitsVice Chairpe
Allen AndersonBoard Member
Berlon LeeBoard Member
Charlotte TravisBoard Member
Emmet FoxworthBoard Member
Gay Ann DaviesBoard Member
Gene OwensBoard Member
Greg Mitchell JrBoard Member
Hon Jay LagasseBoard Member
John HoustonBoard Member
Joshua MarsBoard Member
Mark WallaceBoard Member
Sidney MaloneBoard Member
Tom LongoBoard Member
Ernie LovellExecutive Di
Mary Lynn SmithSec/treasure
Revenue and Support

Revenue Composition

Contributions and Grants
$3,148,329
Program Service Revenue
$0
Investment Income
$114,805
Other Revenue
$910,210
All Other Contributions
$3,148,329
Change in Net Assets
$3,148,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,173,344
Total Revenue per Audited Statements
$4,173,344
Total Revenue per Form 990
$4,173,344
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$594,811
Other Expenses$430,336
Total Fundraising Expense$41,348
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$594,811--$594,811
Fees for Services Other-$24,695$41,348$66,043
All Other Expenses$3,742$27,739-$31,481
Other Expenses$30,145$19,442-$19,442
Fees for Services Accounting-$7,309-$7,309
Travel-$2,478-$2,478
Office Expenses-$2,449-$2,449
Depreciation Depletion$957--$957
Total Functional Expenses$876,523$107,276$41,348$1,025,147

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,025,147
Total Expenses per Audited Statements$1,025,147
Total Expenses per Form 990$1,025,147
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
Audit committee
Yes
Backup withholding compliance
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
Yes
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

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Pearl River Community College
EIN
64-0750513
Address
STATION A BOX 237, POPLARVILLE, MS 39470

Signing Officer

Name
Ernie Lovell
Title
Executive Director
Signed
2018-02-15

Organization Details

Principal Officer
Ernie Lovell
Voting Board Members
17
Independent Board Members
17
Employees
0

Preparer

Firm
Herzog CPA Company Pllc
Address
PO BOX 17986, HATTIESBURG, MS 39404
Preparer
Angela T Herzog
Phone
6012718860
Supplemental Narrative

Additional Explanations

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

Non cash contributions - certain donations are available for transfer to the college for their use. Non investment depreciation

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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/OtherExpensesGrp/TotalAmt223164
IRS990/OtherExpensesGrp/TotalAmt319442
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED GAIN ON INVESTMENT
IRS990/OtherRevenueMiscGrp/Desc1REALIZED GAIN ON INVESTMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0880994
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt129216
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0880994
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt129216
IRS990/OtherRevenueTotalAmt0910210
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IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03404122
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt06248557
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ERNIE LOVELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL EXPENSES-THE FOUNDATION RECEIVES CONTRIBUTIONS FROM INDIVIDUALS AND BUSINESSES THAT ARE RESTRICTED TO PAY EXPENSES WITHIN VARIOUS EDUCATION DEPARTMENTS AND CLUBS.
IRS990/ProgSrvcAccomActy3Grp/Desc0OTHER
IRS990/ProgSrvcAccomActyOtherGrp/Desc0NON CASH CONTRIBUTIONS - CERTAIN DONATIONS ARE AVAILABLE FOR TRANSFER TO THE COLLEGE FOR THEIR USE. NON INVESTMENT DEPRECIATION
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0281712
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0898269
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0586543
IRS990/PYInvestmentIncomeAmt0100920
IRS990/PYOtherExpensesAmt0393825
IRS990/PYOtherRevenueAmt0-232103
IRS990/PYRevenuesLessExpensesAmt0-213282
IRS990/PYTotalExpensesAmt0980368
IRS990/PYTotalRevenueAmt0767086
IRS990/ReconcilationRevenueExpnssAmt03148197
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0175000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0175000
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03148329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0898269
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01156668
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01175628
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0773059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07151953
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0114805
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0114805
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03148329
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt07151953
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03148329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0898269
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01156668
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01175628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0773059
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07151953
IRS990ScheduleA/TotalSupportAmt07266758
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01025147
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02869
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048560
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051429
IRS990ScheduleD/RevenueSubtotalAmt04173344
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02869
IRS990ScheduleD/TotalExpensesPerForm990Amt01025147
IRS990ScheduleD/TotalRevenuePerForm990Amt04173344
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04173344
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01025147
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0594811
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NON CASH CONTRIBUTIONS - CERTAIN DONATIONS ARE AVAILABLE FOR TRANSFER TO THE COLLEGE FOR THEIR USE. NON INVESTMENT DEPRECIATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01235851
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01380371
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05688861
IRS990/TotalAssetsEOYAmt08835397
IRS990/TotalAssetsGrp/BOYAmt05688861
IRS990/TotalAssetsGrp/EOYAmt08835397
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03148329
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt041348
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0107276
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0876523
IRS990/TotalFunctionalExpensesGrp/TotalAmt01025147
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013865
IRS990/TotalLiabilitiesEOYAmt012204
IRS990/TotalLiabilitiesGrp/BOYAmt013865
IRS990/TotalLiabilitiesGrp/EOYAmt012204
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05674996
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08823193
IRS990/TotalOtherProgSrvcExpenseAmt0281712
IRS990/TotalProgramServiceExpensesAmt0876523
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01025015
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04173344
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05688861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08835397
IRS990/TravelGrp/ManagementAndGeneralAmt02478
IRS990/TravelGrp/TotalAmt02478
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01035023
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01194265
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0POST OFFICE BOX 5389
IRS990/USAddress/AddressLine2Txt0POST OFFICE BOX 5389
IRS990/USAddress/CityNm0POPLARVILLE
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039470
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERNIE LOVELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEARL RIVER COMMUNITY COLLEGE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PEAR
ReturnHeader/Filer/EIN0640750513
ReturnHeader/Filer/USAddress/AddressLine1Txt0STATION A BOX 237
ReturnHeader/Filer/USAddress/CityNm0POPLARVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.8$0.00$17.8$8.84$2.05$6.79
2023Detailed filing. Detailed filing data is available for this year.$10.3$0.00$10.3$2.14$1.90$0.25
2022Detailed filing. Detailed filing data is available for this year.$9.77$0.03$9.73$2.43$1.76$0.67
2021Detailed filing. Detailed filing data is available for this year.$10.3$0.02$10.2$2.89$1.05$1.83
2020Detailed filing. Detailed filing data is available for this year.$8.46$0.05$8.41$1.43$1.49$0.06
2019Detailed filing. Detailed filing data is available for this year.$8.96$0.03$8.93$1.59$1.67$0.08
2018Detailed filing. Detailed filing data is available for this year.$9.08$0.07$9.01$1.45$1.27$0.18
2017Detailed filing. Detailed filing data is available for this year.$8.84$0.01$8.82$4.17$1.03$3.15
2016Summary only. Only limited summary data is available for this year.$5.69$0.01$5.67$0.77$0.98$0.21
2015Detailed filing. Detailed filing data is available for this year.$5.90$0.01$5.89$1.15$0.97$0.18
2014Detailed filing. Detailed filing data is available for this year.$5.73$0.02$5.71$1.61$0.93$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.06$0.03$5.03$0.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$0.01$4.80$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$0.01$4.86$0.77