Civic Intelligence

Mississippi E-Center Foundation

EIN 64-0934139 • 501(c)3 • Jackson, MS

Profile

As a hub of state-of-the-art information techonolgy, the MS e-Center @ JSU

1230 Raymond RoadJackson, MS 39204

n/A

Siviq Scores

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

Liabilities / Assets

26th percentile

0.04x

Higher debt load relative to assets than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.22x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

18th percentile

-9.9%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

34th percentile

$108,354

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

19th percentile

-3.9%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

27th percentile

-3.2%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$12,843,967

Down $515,291 (-3.9%) from 2018

Liabilities

Down

$455,473

Down $308,256 (-40%) from 2018

Net Assets

Down

$12,388,494

Down $207,035 (-1.6%) from 2018

Revenue

Down

$2,097,372

Down $68,949 (-3.2%) from 2018

Expenses

Down

$2,304,406

Down $880,108 (-28%) from 2018

Net Income

Up

-$207,034

Up $811,159 (+80%) from 2018

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $17,017,946Liabilities 2011: $105,596Net Assets 2011: $16,912,3502011Assets 2012: $17,501,048Liabilities 2012: $707,340Net Assets 2012: $16,793,7082012Assets 2013: $16,757,879Liabilities 2013: $47,182Net Assets 2013: $16,710,6972013Assets 2014: $15,462,820Liabilities 2014: $104,436Net Assets 2014: $15,358,3842014Assets 2015: $14,977,750Liabilities 2015: $547,616Net Assets 2015: $14,430,1342015Assets 2016: $14,266,703Liabilities 2016: $487,570Net Assets 2016: $13,779,1332016Assets 2017: $14,395,924Liabilities 2017: $383,202Net Assets 2017: $14,012,7222017Assets 2018: $13,359,258Liabilities 2018: $763,729Net Assets 2018: $12,595,5292018Assets 2019: $12,843,967Liabilities 2019: $455,473Net Assets 2019: $12,388,4942019

Highlighted filing

2019

Assets$12,843,967
Liabilities$455,473
Net Assets$12,388,494

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,401,9862011Expenses 2012: $2,565,9392012Revenue 2013: $2,535,405Expenses 2013: $2,618,416Net Income 2013: -$83,0112013Revenue 2014: $2,926,831Expenses 2014: $3,700,683Net Income 2014: -$773,8522014Revenue 2015: $2,939,370Expenses 2015: $3,867,621Net Income 2015: -$928,2512015Revenue 2016: $3,117,281Expenses 2016: $3,768,282Net Income 2016: -$651,0012016Revenue 2017: $2,799,422Expenses 2017: $2,565,833Net Income 2017: $233,5892017Revenue 2018: $2,166,321Expenses 2018: $3,184,514Net Income 2018: -$1,018,1932018Revenue 2019: $2,097,372Expenses 2019: $2,304,406Net Income 2019: -$207,0342019

Highlighted filing

2019

Revenue$2,097,372
Expenses$2,304,406
Net Income-$207,034

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 11, 2020
Return Version
2018v3.1
Gross Receipts
$2,097,372
Mission and Program Overview

Mission

As a hub of state-of-the-art information techonolgy, the MS e-Center @ JSU

As a hub of state-of-the-art information techonolgy, the MS e-Center @ JSU provides a secure high-tech environment offfering competitive advantages, career and business development, and support services assist evolving businesses, researcher and organization to excel in the global marketplace. It also

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$12,617,402$12,161,021▼ $456,381
Cash and Non-Interest-Bearing Accounts$574,737$536,047▼ $38,690
Accounts Receivable$164,181$143,961▼ $20,220
Total Assets$13,359,258$12,843,967▼ $515,291
Other Assets Total$2,938$2,938→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$477,950$386,314▼ $91,636
Accounts Payable and Accrued Expenses$273,487$63,724▼ $209,763
Other Liabilities$12,292$5,435▼ $6,857
Total Liabilities$763,729$455,473▼ $308,256
Net Assets / Fund Balance
Unrestricted Net Assets$12,595,529$12,388,494▼ $207,035
Total Net Assets Fund Balance$12,595,529$12,388,494▼ $207,035
Total Liabilities and Net Assets / Fund Balance$13,359,258$12,843,967▼ $515,291

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,562,788$8,325,954$17,888,742
Land$2,581,158-$2,581,158
Equipment$17,075$1,067,322$1,084,397
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr William McHenryExecutive Director-$108,354$108,354
Camiel BrownOffice ManagerFT$61,942$61,942

Board Members and Trustees

NameTitle
Alveno CastillaMember
Gloria JohnsonMember
Jill BenekeMember
Revenue and Support

Revenue Composition

Contributions and Grants
$489,102
Program Service Revenue
$1,603,102
Investment Income
$0
Other Revenue
$5,168
Change in Net Assets
$-207,034

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,097,372
Total Revenue per Audited Statements
$2,097,372
Total Revenue per Form 990
$2,097,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,803,780
Salaries, Compensation, and Employee Benefits$500,626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$935,493$0$0$935,493
Depreciation Depletion$454,139$0$0$454,139
Other Salaries and Wages$133,802$170,296$0$304,098
Fees for Services Other$218,803$0$0$218,803
Current Officers, Directors, Trustees, and Key Employees$0$104,117$0$104,117
Other Employee Benefits$50,321$13,946$0$64,267
Office Expenses$0$60,500$0$60,500
Other Expenses$26,429$26,137$0$52,566
Fees for Services Accounting$0$40,940$0$40,940
Payroll Taxes$10,236$17,908$0$28,144
Travel$0$13,726$0$13,726
Information Technology$13,544$0$0$13,544
Advertising$0$12,887$0$12,887
Conferences and Meetings$604$0$0$604
Fees for Services Legal$578$0$0$578
Total Functional Expenses$1,843,949$460,457$0$2,304,406

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,304,406
Total Expenses per Audited Statements$2,304,406
Total Expenses per Form 990$2,304,406
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
Other liabilities$5,435
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mississippi E-Center Foundation
EIN
64-0934139
Phone
6019795000
Address
1230 Raymond Road, Jackson, MS 39204

Signing Officer

Name
Dr William McHenry
Title
Executive Director
Phone
6019795000
Signed
2020-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr William McHenry
Formed
2000
Legal Domicile
Ms
Voting Board Members
3
Independent Board Members
3
Employees
9
Volunteers
0

Preparer

Firm
Brown Ewing & Co PA
Address
308 Highland Park Cove, Ridgeland, MS 39157
Preparer
Kaiser R Brown
Phone
6013535423
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

All Board members receives a copy of the Federal Form 990 (tax return)prior to it being filed.

Pt VI, Line 12C

Management regularly monitor and enforce compliances with employees.

Pt VI, Line 15A

The Board of Director approves compensation of the Executive Director.

Pt VI, Line 15B

The Executive director approves salary for management and other employee.

Financial Statement Notes

Pt X, Line 2

The Organization is exempt from corporate Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and from state income taxes. Therefore, no provision has been made for Federal or state corporate income taxes in the accompanying financial statements. The Organization has analyzed its tax positions taken for filings with the Internal Revenue. It believes that its tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its financial condition, results of operations, or cash flows. The Organization's federal and state income tax returns for 2016, 2017, and 2018 are subject to examination by the federal, state and local taxing authorities, generally for three years after they are filed.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02005785
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010012442
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012736177
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05168
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt050496
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt057771
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0113435
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.20500
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.23870
IRS990ScheduleA/PublicSupportTotal170Amt02610300
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0489102
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0500000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0550000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0521202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0549996
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02610300
IRS990ScheduleA/TotalSupportAmt012736177
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/BuildingsGrp/BookValueAmt09562788
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08325954
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017888742
IRS990ScheduleD/EquipmentGrp/BookValueAmt017075
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01067322
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01084397
IRS990ScheduleD/ExpensesSubtotalAmt02304406
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02581158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05435
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other liabilities
IRS990ScheduleD/RevenueSubtotalAmt02097372
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from corporate Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and from state income taxes. Therefore, no provision has been made for Federal or state corporate income taxes in the accompanying financial statements. The Organization has analyzed its tax positions taken for filings with the Internal Revenue. It believes that its tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on its financial condition, results of operations, or cash flows. The Organization's federal and state income tax returns for 2016, 2017, and 2018 are subject to examination by the federal, state and local taxing authorities, generally for three years after they are filed.
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt012161021
IRS990ScheduleD/TotalExpensesPerForm990Amt02304406
IRS990ScheduleD/TotalLiabilityAmt05435
IRS990ScheduleD/TotalRevenuePerForm990Amt02097372
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02097372
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02304406
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All Board members receives a copy of the Federal Form 990 (tax return)prior to it being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Management regularly monitor and enforce compliances with employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Director approves compensation of the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive director approves salary for management and other employee.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt012843967
IRS990/TotalAssetsGrp/BOYAmt013359258
IRS990/TotalAssetsGrp/EOYAmt012843967
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IRS990/TotalContributionsAmt0489102
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0460457
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01843949
IRS990/TotalFunctionalExpensesGrp/TotalAmt02304406
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0763729
IRS990/TotalLiabilitiesEOYAmt0455473
IRS990/TotalLiabilitiesGrp/BOYAmt0763729
IRS990/TotalLiabilitiesGrp/EOYAmt0455473
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt012595529
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012388494
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01843949
IRS990/TotalProgramServiceRevenueAmt01603102
IRS990/TotalReportableCompFromOrgAmt0170296
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01608270
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02097372
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013359258
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012843967
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt013726
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt013726
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt012595529
IRS990/UnrestrictedNetAssetsGrp/EOYAmt012388494
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01230 Raymond Road
IRS990/USAddress/CityNm0Jackson
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd039204
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dr William McHenry
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06019795000
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mississippi E-Center Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0640934139
ReturnHeader/Filer/PhoneNum06019795000
ReturnHeader/Filer/USAddress/AddressLine1Txt01230 Raymond Road
ReturnHeader/Filer/USAddress/CityNm0Jackson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd039204
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId045D5A948F3A97E0A3F336628029E2D76D7CCD5EC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07BFF17ED88CC375DB744FE751CF972D9D9A84400
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.230.137.242
ReturnHeader/FilingSecurityInformation/IPDt02020-09-16

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