Civic Intelligence

Pearl River Community College Development Foundation Inc.

990 • Fiscal year 2020 • EIN 64-0750513

Jul 01, 2019 to Jun 30, 2020 • Filed on May 10, 2021

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

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

27th percentile

-3.9%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

12th percentile

-5.6%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-9.9%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$8,456,381

Down $499,929 (-5.6%) from 2019

Net Assets

Down

$8,408,333

Down $517,119 (-5.8%) from 2019

Liabilities

Up

$48,048

Up $17,190 (+56%) from 2019

Revenue

Down

$1,434,934

Down $157,423 (-9.9%) from 2019

Expenses

Down

$1,490,346

Down $183,886 (-11%) from 2019

Net Income

Up

-$55,412

Up $26,463 (+32%) from 2019

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

2020

Assets$8,456,381
Liabilities$48,048
Net Assets$8,408,333

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

2020

Revenue$1,434,934
Expenses$1,490,346
Net Income-$55,412
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 10, 2021
Return Version
2019v5.0
Gross Receipts
$1,434,934
Mission and Program Overview

Mission

TO PROVIDE SCHOLARSHIPS

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,884,891$7,345,243▼ $539,648
Cash and Non-Interest-Bearing Accounts$634,487$631,708▼ $2,779
Savings and Temporary Cash Investments$425,000$425,000→ $0
Land, Buildings, and Equipment, Net$11,932$54,430▲ $42,498
Total Assets$8,956,310$8,456,381▼ $499,929
Liabilities
Accounts Payable and Accrued Expenses$30,858$48,048▲ $17,190
Total Liabilities$30,858$48,048▲ $17,190
Net Assets / Fund Balance
Net Assets With Donor Restrictions$7,679,003$7,327,473▼ $351,530
Net Assets Without Donor Restrictions$1,246,449$1,080,860▼ $165,589
Total Net Assets Fund Balance$8,925,452$8,408,333▼ $517,119
Total Liabilities and Net Assets / Fund Balance$8,956,310$8,456,381▼ $499,929

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$54,430$53,230$107,660
Compensation and Service Providers

Board Members and Trustees

NameTitle
John ClearmanChairman
Allen AndersonBoard Member
Charlotte TravisBoard Member
Dr Jay RaybornBoard Member
Emmet FoxworthBoard Member
Floyde RobbinsBoard Member
Francis HerrinBoard Member
Gay Ann DaviesBoard Member
Gene OwensBoard Member
Greg Mitchell JrBoard Member
Hon Jay LagasseBoard Member
John HallBoard Member
John HoustonBoard Member
Mark WallaceBoard Member
Sidney MaloneBoard Member
Tracy WaitsBoard Member
Ernie LovellExecutive Di
Mary Lynn SmithSec/treasure
Revenue and Support

Revenue Composition

Contributions and Grants
$1,214,221
Program Service Revenue
$0
Investment Income
$220,713
Other Revenue
$0
All Other Contributions
$1,214,221
Change in Net Assets
$-55,412

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,434,934
Total Revenue per Audited Statements
$1,434,934
Total Revenue per Form 990
$1,434,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$769,654
Grants and Similar Amounts Paid$720,692
Total Fundraising Expense$12,507
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$720,692--$720,692
Fees for Services Other-$22,769$12,507$35,276
Other Expenses$36,028$27,182-$27,182
All Other Expenses$404$12,696-$13,100
Fees for Services Accounting-$8,175-$8,175
Depreciation Depletion$2,693--$2,693
Office Expenses-$2,501-$2,501
Travel-$1,390-$1,390
Total Functional Expenses$1,373,960$103,879$12,507$1,490,346

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,490,346
Total Expenses per Audited Statements$1,490,346
Total Expenses per Form 990$1,490,346
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 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
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
2021-05-10

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

Form 990, Part XI, Line 9

Realized loss on investments -74,051

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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/Desc2INVESTMENT FEES
IRS990/OtherExpensesGrp/Desc3PERSONNEL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029166
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127182
IRS990/OtherExpensesGrp/ProgramServicesAmt0614143
IRS990/OtherExpensesGrp/ProgramServicesAmt136028
IRS990/OtherExpensesGrp/TotalAmt0614143
IRS990/OtherExpensesGrp/TotalAmt136028
IRS990/OtherExpensesGrp/TotalAmt229166
IRS990/OtherExpensesGrp/TotalAmt327182
IRS990/PartialLiquidationInd0false
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/ExpenseAmt0653268
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01338874
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0806737
IRS990/PYInvestmentIncomeAmt0218705
IRS990/PYOtherExpensesAmt0867495
IRS990/PYOtherRevenueAmt034778
IRS990/PYRevenuesLessExpensesAmt0-81875
IRS990/PYTotalExpensesAmt01674232
IRS990/PYTotalRevenueAmt01592357
IRS990/ReconcilationRevenueExpnssAmt0-55412
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0425000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0425000
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01214221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01338874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01092258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03148329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0898269
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07691951
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0220713
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0253483
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0183270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0114805
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0100920
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0873191
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03981866
IRS990ScheduleA/PublicSupportCY170Pct00.89810
IRS990ScheduleA/PublicSupportPY170Pct00.95400
IRS990ScheduleA/PublicSupportTotal170Amt07691951
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01214221
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01338874
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01092258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03148329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0898269
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07691951
IRS990ScheduleA/TotalSupportAmt08565142
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01490346
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt054430
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt053230
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0107660
IRS990ScheduleD/RevenueSubtotalAmt01434934
IRS990ScheduleD/TotalBookValueLandBuildingsAmt054430
IRS990ScheduleD/TotalExpensesPerForm990Amt01490346
IRS990ScheduleD/TotalRevenuePerForm990Amt01434934
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01434934
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01490346
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0720692
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0505
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/ExplanationTxt3REALIZED LOSS ON INVESTMENTS -74,051
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08956310
IRS990/TotalAssetsEOYAmt08456381
IRS990/TotalAssetsGrp/BOYAmt08956310
IRS990/TotalAssetsGrp/EOYAmt08456381
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01214221
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012507
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103879
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01373960
IRS990/TotalFunctionalExpensesGrp/TotalAmt01490346
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030858
IRS990/TotalLiabilitiesEOYAmt048048
IRS990/TotalLiabilitiesGrp/BOYAmt030858
IRS990/TotalLiabilitiesGrp/EOYAmt048048
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08925452
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08408333
IRS990/TotalOtherProgSrvcExpenseAmt0653268
IRS990/TotalProgramServiceExpensesAmt01373960
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0220713
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01434934
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08956310
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08456381
IRS990/TravelGrp/ManagementAndGeneralAmt01390
IRS990/TravelGrp/TotalAmt01390
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERNIE LOVELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEARL RIVER COMMUNITY COLLEGE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PEAR
ReturnHeader/Filer/EIN0640750513

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