Civic Intelligence

Northeast Mississippi Incubator System

EIN 64-0818930 • 501(c)6 • Corinth, MS

Profile

The organization provides basic business services and leases space to start up businesses in northeast mississippi to stimulate economic development.

PO Box 1015Corinth, MS 38835

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.02x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

7th percentile

-91%

Higher net margin than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

96th percentile

$53,880

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 49.2% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

11th percentile

-55%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-53%

Faster revenue growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$0

Down $48,155 (-100%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $47,420 (-100%) from 2021

Operations
Liabilities / Revenue61st percentileNet Margin7th percentile

Revenue

Down

$16,800

Down $34,710 (-67%) from 2021

Expenses

Down

$64,220

Down $34,112 (-35%) from 2021

Net Income

Down

-$47,420

Down $598 (-1.3%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$150K$100K$50K$0Assets 2010: $97,461Liabilities 2010: $1,249Net Assets 2010: $96,2122010Assets 2011: $92,837Liabilities 2011: $23,503Net Assets 2011: $69,3342011Assets 2012: $104,881Liabilities 2012: $22,998Net Assets 2012: $81,8832012Assets 2013: $128,807Liabilities 2013: $23,121Net Assets 2013: $105,6862013Assets 2014: $89,766Liabilities 2014: $21,077Net Assets 2014: $68,6892014Assets 2015: $121,049Liabilities 2015: $36,406Net Assets 2015: $84,6432015Assets 2016: $107,373Liabilities 2016: $19,947Net Assets 2016: $87,4262016Assets 2017: $101,196Liabilities 2017: $16,169Net Assets 2017: $85,0272017Assets 2018: $100,644Liabilities 2018: $14,023Net Assets 2018: $86,6212018Assets 2019: $104,364Liabilities 2019: $12,987Net Assets 2019: $91,3772019Assets 2020: $105,871Liabilities 2020: $11,629Net Assets 2020: $94,2422020Assets 2021: $48,155Liabilities 2021: $735Net Assets 2021: $47,4202021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities-
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth10th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $168,395Expenses 2010: $166,843Net Income 2010: $1,5522010Revenue 2011: $136,148Expenses 2011: $163,026Net Income 2011: -$26,8782011Revenue 2012: $160,264Expenses 2012: $147,715Net Income 2012: $12,5492012Expenses 2013: $212,2762013Revenue 2014: $111,039Expenses 2014: $148,036Net Income 2014: -$36,9972014Revenue 2015: $131,478Expenses 2015: $115,524Net Income 2015: $15,9542015Revenue 2016: $123,125Expenses 2016: $120,342Net Income 2016: $2,7832016Revenue 2017: $116,265Expenses 2017: $118,664Net Income 2017: -$2,3992017Revenue 2018: $118,575Expenses 2018: $116,981Net Income 2018: $1,5942018Revenue 2019: $118,825Expenses 2019: $114,069Net Income 2019: $4,7562019Revenue 2020: $109,550Expenses 2020: $106,685Net Income 2020: $2,8652020Revenue 2021: $51,510Expenses 2021: $98,332Net Income 2021: -$46,8222021Revenue 2022: $16,800Expenses 2022: $64,220Net Income 2022: -$47,4202022

Highlighted filing

2022

Revenue$16,800
Expenses$64,220
Net Income-$47,420
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$16,800
Expenses
$64,220
Net income
-$47,420
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.17$0.64$0.47
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.01$0.47$0.52$0.98$0.47
2020Detailed filing. Detailed filing data is available for this year.$1.06$0.12$0.94$1.10$1.07$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.13$0.91$1.19$1.14$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.01$0.14$0.87$1.19$1.17$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.16$0.85$1.16$1.19$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.20$0.87$1.23$1.20$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.36$0.85$1.31$1.16$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.90$0.21$0.69$1.11$1.48$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.23$1.06$2.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.23$0.82$1.60$1.48$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.24$0.69$1.36$1.63$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.01$0.96$1.68$1.67$0.02
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Jul 21, 2020
Return Version
2019v5.0
Gross Receipts
$109,550
Mission and Program Overview

Mission

The organization provides basic business services and leases space to start up businesses in northeast mississippi to stimulate economic development.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES BASIC BUSINESS SERVICES AND LEASES SPACE TO START-UP BUSINESSES IN NORTHEAST MISSISSIPPI TO STIMULATE ECONOMIC DEVELOPMENT.--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAY MCCLELLANExec DirectorFT$53,880-$53,880
ALVIA BLAKNEYDirector-$0--
NORMAN ISBELLDirector-$0--
CHRIS LEWELLENDirector-$0--
KIM RATLIFFSecretary-$0--
DUANE BULLARDPresident-$0--
ROGER CHILDSDirector-$0--
TIM WESTONDirector-$0--
CLAYTON STANLEYDirector-$0--
GREG COLLIERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Northeast Mississippi Incubator System
EIN
64-0818930
Phone
6622874369
Address
PO BOX 1015, CORINTH, MS 38835

Signing Officer

Name
Ray Mcclellan
Title
Executive Director
Signed
2020-07-21
Discuss with paid preparer
Yes

Preparer

Firm
Eaton Babb & Smith PA
Address
PO Box 498, Ripley, MS 38663-0498
Preparer
Sue Ellen Miller
Phone
6628373245
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $308”

Other Expenses.1002

“Office Expenses $4984”

Other Expenses.1008

“Interest $320”

Other Expenses.1009

“Depreciation $7735”

Other Expenses.1

“INSURANCE $3903”

Other Expenses.2

“TELEPHONE $3878”

Other Expenses.3

“Dues and subscriptions $100”

Other Expenses.4

“MISCELLANEOUS $85”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1615 Accounts Payable and Accrued Expenses - Ending $2358”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $11372 Secured Mortgages and Notes Payable - Ending $9271”

Raw XML Appendix150 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RAY MCCLELLAN
IRS990EZ/BooksInCareOfDetail/PhoneNum06622874369
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01828 PROPER STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CORINTH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd038834
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037780
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047022
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02865
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03005
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0104364
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0105871
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0109550
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt066584
IRS990EZ/LandAndBuildingsGrp/EOYAmt058849
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt091377
IRS990EZ/NetAssetsOrFundBalancesEOYAmt094242
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt091377
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt094242
IRS990EZ/OccupancyRentUtltsAndMaintAmt017654
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt053880
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RAY MCCLELLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALVIA BLAKNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NORMAN ISBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHRIS LEWELLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KIM RATLIFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DUANE BULLARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROGER CHILDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TIM WESTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CLAYTON STANLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9GREG COLLIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXEC DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt021313
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION PROVIDES BASIC BUSINESS SERVICES AND LEASES SPACE TO START UP BUSINESSES IN NORTHEAST MISSISSIPPI TO STIMULATE ECONOMIC DEVELOPMENT.
IRS990EZ/ProgramServiceRevenueAmt0109550
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION PROVIDES BASIC BUSINESS SERVICES AND LEASES SPACE TO START-UP BUSINESSES IN NORTHEAST MISSISSIPPI TO STIMULATE ECONOMIC DEVELOPMENT.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt064713
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt012987
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011629
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0106685
IRS990EZ/TotalRevenueAmt0109550
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $308
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $4984
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $320
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $7735
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE $3903
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE $3878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DUES AND SUBSCRIPTIONS $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MISCELLANEOUS $85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Payable and Accrued Expenses - Beginning $1615 Accounts Payable and Accrued Expenses - Ending $2358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Secured Mortgages and Notes Payable - Beginning $11372 Secured Mortgages and Notes Payable - Ending $9271
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1007
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAY MCCLELLAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHEAST MISSISSIPPI INCUBATOR SYSTEM
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0640818930
ReturnHeader/Filer/PhoneNum06622874369
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1015
ReturnHeader/Filer/USAddress/CityNm0CORINTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd038835
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640820501
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eaton Babb & Smith PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 498
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ripley
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0386630498
ReturnHeader/PreparerPersonGrp/PhoneNum06628373245
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SUE ELLEN MILLER
ReturnHeader/ReturnTs02020-07-21T06:03:48-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-06-01
ReturnHeader/TaxPeriodEndDt02020-05-31
ReturnHeader/TaxYr02019

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