Civic Intelligence

Singing River Health System Foundation

990 • Fiscal year 2023 • EIN 64-0864350

Oct 01, 2022 to Sep 30, 2023 • Filed on Nov 28, 2023

3109 Bienville BlvdOcean Springs, MS 39564

(228) 218-4011

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

87th percentile

40%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

63rd percentile

$90,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

68th percentile

13%

Faster asset growth than 68% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

53%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,117,169

Up $242,169 (+13%) from 2022

Net Assets

Up

$2,116,970

Up $242,391 (+13%) from 2022

Liabilities

Down

$199

Down $222 (-53%) from 2022

Revenue

Up

$600,786

Up $207,275 (+53%) from 2022

Expenses

Up

$358,407

Up $45,801 (+15%) from 2022

Net Income

Up

$242,379

Up $161,474 (+200%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $876,480Liabilities 2011: $24,072Net Assets 2011: $852,4082011Assets 2012: $834,758Liabilities 2012: $46,063Net Assets 2012: $788,6952012Assets 2013: $839,384Liabilities 2013: $7,344Net Assets 2013: $832,0402013Assets 2014: $919,065Liabilities 2014: $3,083Net Assets 2014: $915,9822014Assets 2015: $858,476Liabilities 2015: $2,269Net Assets 2015: $856,2072015Assets 2016: $860,910Liabilities 2016: $4,894Net Assets 2016: $856,0162016Assets 2017: $1,058,812Liabilities 2017: $0Net Assets 2017: $1,058,8122017Assets 2018: $1,271,301Liabilities 2018: $12,330Net Assets 2018: $1,258,9712018Assets 2019: $1,403,433Liabilities 2019: $2,654Net Assets 2019: $1,400,7792019Assets 2020: $1,522,959Liabilities 2020: $7,074Net Assets 2020: $1,515,8852020Assets 2021: $1,800,747Liabilities 2021: $8,573Net Assets 2021: $1,792,1742021Assets 2022: $1,875,000Liabilities 2022: $421Net Assets 2022: $1,874,5792022Assets 2023: $2,117,169Liabilities 2023: $199Net Assets 2023: $2,116,9702023Assets 2024: $2,448,625Liabilities 2024: $1,881Net Assets 2024: $2,446,7442024Assets 2025: $2,786,568Liabilities 2025: $402Net Assets 2025: $2,786,1662025

Highlighted filing

2023

Assets$2,117,169
Liabilities$199
Net Assets$2,116,970

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $539,196Expenses 2011: $433,241Net Income 2011: $105,9552011Revenue 2012: $601,885Expenses 2012: $665,598Net Income 2012: -$63,7132012Revenue 2013: $550,425Expenses 2013: $507,080Net Income 2013: $43,3452013Revenue 2014: $347,089Expenses 2014: $263,147Net Income 2014: $83,9422014Revenue 2015: $152,561Expenses 2015: $212,336Net Income 2015: -$59,7752015Revenue 2016: $196,375Expenses 2016: $196,566Net Income 2016: -$1912016Revenue 2017: $379,312Expenses 2017: $176,515Net Income 2017: $202,7972017Revenue 2018: $431,030Expenses 2018: $230,871Net Income 2018: $200,1592018Revenue 2019: $378,010Expenses 2019: $236,202Net Income 2019: $141,8082019Revenue 2020: $379,095Expenses 2020: $263,989Net Income 2020: $115,1062020Revenue 2021: $750,208Expenses 2021: $473,919Net Income 2021: $276,2892021Revenue 2022: $393,511Expenses 2022: $312,606Net Income 2022: $80,9052022Revenue 2023: $600,786Expenses 2023: $358,407Net Income 2023: $242,3792023Revenue 2024: $694,127Expenses 2024: $364,353Net Income 2024: $329,7742024Revenue 2025: $750,819Expenses 2025: $411,397Net Income 2025: $339,4222025

Highlighted filing

2023

Revenue$600,786
Expenses$358,407
Net Income$242,379
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Nov 28, 2023
Return Version
2022v5.0
Gross Receipts
$778,983
Mission and Program Overview

Mission

Provides compassionate service and support to assist with health-related and other needs of patients, employees, and citizens of our community.

Provides compassionate service and support to assist with health-relatedand other needs of patients, employees, and citizens of our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,267,050$1,330,020▲ $62,970
Cash and Non-Interest-Bearing Accounts$490,456$679,973▲ $189,517
Land, Buildings, and Equipment, Net$100,740$88,587▼ $12,153
Accounts Receivable$12,767$10,899▼ $1,868
Prepaid Expenses and Deferred Charges$3,987$7,690▲ $3,703
Total Assets$1,875,000$2,117,169▲ $242,169
Liabilities
Accounts Payable and Accrued Expenses$421$199▼ $222
Total Liabilities$421$199▼ $222
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,276,962$1,409,704▲ $132,742
Net Assets With Donor Restrictions$597,617$707,266▲ $109,649
Total Net Assets Fund Balance$1,874,579$2,116,970▲ $242,391
Total Liabilities and Net Assets / Fund Balance$1,875,000$2,117,169▲ $242,169

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$88,587$48,109$136,696
Other Securities$1,330,020--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura SessumExec. DirectorFT$90,000$90,000

Board Members and Trustees

NameTitle
Lujean TrumblePresident
LAURIN ST PE'Vice President
Angel RisleyBoard Member
Derek EricksonBoard Member
Don MasonBoard Member
Dr William EhlertBoard Member
Dusty WattsBoard Member
Faye CampbellBoard Member
George SimmermanBoard Member
Judge Melvin RayBoard Member
Jaklyn WrigleySecretary
Jason McneilTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$360,965
Program Service Revenue
$0
Investment Income
$7,340
Other Revenue
$232,481
All Other Contributions
$360,965
Change in Net Assets
$242,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$203,656
Salaries, Compensation, and Employee Benefits$90,000
Other Expenses$64,751
Total Fundraising Expense$19,031
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$203,656--$203,656
Current Officers, Directors, Trustees, and Key Employees$54,000$18,000$18,000$90,000
Office Expenses$7,907$5,050-$12,957
Depreciation Depletion$12,073$79-$12,152
Occupancy$2,283$6,851-$9,134
Conferences and Meetings$4,213$4,212-$8,425
Fees for Service Investment Mgmnt Fees-$7,358-$7,358
Advertising$3,520$2,348$1,031$6,899
Fees for Services Accounting-$6,500-$6,500
Insurance-$1,326-$1,326
Total Functional Expenses$287,652$51,724$19,031$358,407
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$347,382
Fundraising Direct Expenses$178,197
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
Annual disclosure for covered persons
Yes
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, Part VI, Section B, Line 11B

Form 990 given to board for approval prior to filing of form 990. Once form 990 is approved, it is signed and mailed to internal revenue service.

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

The process has not changed from prior years

Form 990, Part VI, Section C, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Singing River Health System Foundation
EIN
64-0864350
Phone
2282184011
Address
3109 BIENVILLE BLVD, OCEAN SPRINGS, MS 39564

Signing Officer

Name
Jason Mcneil
Title
Treasurer
Phone
2288184011
Signed
2023-11-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Mcneil
Formed
1995
Legal Domicile
Ms
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Jason S Keenum CPA Pa
Address
1237 JACKSON AVE, PASCAGOULA, MS 39567-4356
Preparer
Jason S Keenum CPA
Phone
2284715464
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IRS990/PriorPeriodAdjustmentsAmt012
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0352167
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0153655
IRS990/PYInvestmentIncomeAmt092939
IRS990/PYOtherExpensesAmt068951
IRS990/PYOtherRevenueAmt0-51595
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt080905
IRS990/PYSalariesCompEmpBnftPaidAmt090000
IRS990/PYTotalExpensesAmt0312606
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0393511
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0242379
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt09134
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0646000515
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt09134
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0180000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SINGING RIVER HEALTH SYSTEM SINGING RIVER HEALTH SYSTEM
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0180000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt088587
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048109
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0136696
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01330020
IRS990ScheduleD/OtherSecuritiesGrp/Desc0HANCOCK INVESTMENT SERVICES, INC.
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt088587
IRS990ScheduleD/TotalBookValueSecuritiesAmt01330020
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0203656
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MEDICAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0200
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL GRANT FUNDS REQUIRE APPLICATION AND APPROVAL BY BOARD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 GIVEN TO BOARD FOR APPROVAL PRIOR TO FILING OF FORM 990. ONCE FORM 990 IS APPROVED, IT IS SIGNED AND MAILED TO INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01875000
IRS990/TotalAssetsEOYAmt02117169
IRS990/TotalAssetsGrp/BOYAmt01875000
IRS990/TotalAssetsGrp/EOYAmt02117169
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0360965
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019031
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051724
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0287652
IRS990/TotalFunctionalExpensesGrp/TotalAmt0358407
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0421
IRS990/TotalLiabilitiesEOYAmt0199
IRS990/TotalLiabilitiesGrp/BOYAmt0421
IRS990/TotalLiabilitiesGrp/EOYAmt0199
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01874579
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02116970
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0287652
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt0169185
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt070636
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0600786
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01875000
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02117169
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03109 BIENVILLE BLVD
IRS990/USAddress/CityNm0OCEAN SPRINGS
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039564
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.SINGINGRIVERFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON MCNEIL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$0.75$0.41$0.34
2024Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$0.69$0.36$0.33
2023Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.60$0.36$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.87$0.39$0.31$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.80$0.01$1.79$0.75$0.47$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.52$0.01$1.52$0.38$0.26$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.38$0.24$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.26$0.43$0.23$0.20
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.38$0.18$0.20
2016Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.20$0.20$0.00
2015Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.15$0.21$0.06
2014Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.35$0.26$0.08
2013Summary only. Only limited summary data is available for this year.$0.84$0.01$0.83$0.55$0.51$0.04
2012Summary only. Only limited summary data is available for this year.$0.83$0.05$0.79$0.60$0.67$0.06
2011Summary only. Only limited summary data is available for this year.$0.88$0.02$0.85$0.54$0.43$0.11