Civic Intelligence

The Greater Pinebelt Community Foundation

990 • Fiscal year 2022 • EIN 72-1390352

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 18, 2023

1501 Adeline StreetHattiesburg, MS 39401

(601) 583-6180

Siviq Scores

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

Liabilities / Assets

20th percentile

0.03x

Higher debt load relative to assets than 20% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

18th percentile

0.07x

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

59th percentile

3.3%

Faster asset growth than 59% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

53rd percentile

5.5%

Faster revenue growth than 53% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$26,293,716

Up $836,805 (+3.3%) from 2021

Net Assets

Up

$25,485,076

Up $1,899,258 (+8.1%) from 2021

Liabilities

Down

$808,640

Down $1,062,453 (-57%) from 2021

Revenue

Up

$11,076,080

Up $580,722 (+5.5%) from 2021

Expenses

Up

$5,719,712

Up $1,739,148 (+44%) from 2021

Net Income

Down

$5,356,368

Down $1,158,426 (-18%) from 2021

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $1,917,646Liabilities 2011: $2,355Net Assets 2011: $1,915,2912011Assets 2012: $2,421,611Liabilities 2012: $2,285Net Assets 2012: $2,419,3262012Assets 2013: $2,999,213Liabilities 2013: $278,199Net Assets 2013: $2,721,0142013Assets 2014: $3,831,096Liabilities 2014: $500,525Net Assets 2014: $3,330,5712014Assets 2015: $4,333,297Liabilities 2015: $518,973Net Assets 2015: $3,814,3242015Assets 2016: $4,605,949Liabilities 2016: $568,053Net Assets 2016: $4,037,8962016Assets 2017: $6,475,338Liabilities 2017: $673,979Net Assets 2017: $5,801,3592017Assets 2018: $6,519,935Liabilities 2018: $627,403Net Assets 2018: $5,892,5322018Assets 2019: $8,978,148Liabilities 2019: $981,142Net Assets 2019: $7,997,0062019Assets 2020: $18,679,635Liabilities 2020: $1,608,611Net Assets 2020: $17,071,0242020Assets 2021: $25,456,911Liabilities 2021: $1,871,093Net Assets 2021: $23,585,8182021Assets 2022: $26,293,716Liabilities 2022: $808,640Net Assets 2022: $25,485,0762022Assets 2023: $31,175,096Liabilities 2023: $1,433,939Net Assets 2023: $29,741,1572023Assets 2024: $36,368,281Liabilities 2024: $1,516,650Net Assets 2024: $34,851,6312024

Highlighted filing

2022

Assets$26,293,716
Liabilities$808,640
Net Assets$25,485,076

Operations Trend

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

$15M$10M$5.0M$0Expenses 2011: $1,067,2902011Expenses 2012: $753,6802012Revenue 2013: $2,329,107Expenses 2013: $2,022,112Net Income 2013: $306,9952013Revenue 2014: $1,836,190Expenses 2014: $1,239,702Net Income 2014: $596,4882014Revenue 2015: $2,508,895Expenses 2015: $2,025,142Net Income 2015: $483,7532015Revenue 2016: $2,150,508Expenses 2016: $1,926,936Net Income 2016: $223,5722016Revenue 2017: $4,088,236Expenses 2017: $2,324,773Net Income 2017: $1,763,4632017Revenue 2018: $2,528,353Expenses 2018: $2,450,933Net Income 2018: $77,4202018Revenue 2019: $5,494,057Expenses 2019: $3,389,583Net Income 2019: $2,104,4742019Revenue 2020: $11,305,102Expenses 2020: $2,231,084Net Income 2020: $9,074,0182020Revenue 2021: $10,495,358Expenses 2021: $3,980,564Net Income 2021: $6,514,7942021Revenue 2022: $11,076,080Expenses 2022: $5,719,712Net Income 2022: $5,356,3682022Revenue 2023: $5,581,238Expenses 2023: $3,295,148Net Income 2023: $2,286,0902023Revenue 2024: $11,155,871Expenses 2024: $6,920,663Net Income 2024: $4,235,2082024

Highlighted filing

2022

Revenue$11,076,080
Expenses$5,719,712
Net Income$5,356,368
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 18, 2023
Return Version
2022v5.0
Gross Receipts
$11,179,053
Mission and Program Overview

Mission

The foundation is a not-for-profit organization designed to support charitable activities to benefit the residents of the pine belt area of south mississippi. The mission is to build better communities through philanthropy. As a driving force in our region, our mission is to build stronger communities through philanthropy. Donors can establish charitable legaies and provide leadership to address community needs in a manner that is responsible, responsive, and lasting.

The foundation is a not-for-profit organization designed to support charitable activities to benefit the residents of the pine belt area of south mississippi. The mission is to build better communities through philanthropy. As a driving force in our region, our mission is to build stronger communities through philanthropy. Donors can establish charitable legacies and provide leadership to address community needs in a manner that is responsible, responsive, and lasting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,693,700$23,187,588▲ $20,493,888
Investments in Publicly Traded Securities$20,854,378--
Cash and Non-Interest-Bearing Accounts$741,384$1,902,903▲ $1,161,519
Other Notes and Loans Receivable, Net$971,892$1,022,155▲ $50,263
Land, Buildings, and Equipment, Net$192,845$177,804▼ $15,041
Prepaid Expenses and Deferred Charges$2,712$3,266▲ $554
Total Assets$25,456,911$26,293,716▲ $836,805
Liabilities
Other Liabilities$1,827,997$781,480▼ $1,046,517
Accounts Payable and Accrued Expenses$43,096$27,160▼ $15,936
Total Liabilities$1,871,093$808,640▼ $1,062,453
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,536,467$24,389,243▲ $1,852,776
Net Assets Without Donor Restrictions$1,049,351$1,095,833▲ $46,482
Total Net Assets Fund Balance$23,585,818$25,485,076▲ $1,899,258
Total Liabilities and Net Assets / Fund Balance$25,456,911$26,293,716▲ $836,805

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$177,804$138,873$316,677
Equipment-$4,432$4,432

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$16,155,108$5,174,077▼ $2,278,135-$18,222,953
2021$13,050,836$3,609,080▲ $1,315,764-$16,155,108
2020$5,351,666$7,203,603▲ $687,155-$13,050,836
2019$4,742,035$600,079▲ $942,156-$5,351,666
2018$4,458,122$810,377▼ $248,999-$4,742,035
Compensation and Service Providers

Board Members and Trustees

NameTitle
Phil HanberryPresident
Lou MappPast Preside
Valerie WilsonSecretary
Carlos BrownTreasurer
Sean PriebeVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$10,745,847
Program Service Revenue
$0
Investment Income
$307,654
Other Revenue
$22,579
All Other Contributions
$10,745,847
Change in Net Assets
$5,356,368

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,076,080
Revenue Not Reported on Form 990
$-3,457,110
Total Revenue per Audited Statements
$7,618,970
Total Revenue per Form 990
$11,076,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,365,217
Salaries, Compensation, and Employee Benefits$227,124
Other Expenses$127,371
Total Fundraising Expense$56,910
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,218,683--$5,218,683
Other Salaries and Wages$34,880$131,200$28,833$194,913
Grants to Domestic Individuals$146,534--$146,534
Fees for Services Other-$38,520-$38,520
Occupancy-$19,298-$19,298
Other Employee Benefits$5,371$8,998$2,687$17,056
Payroll Taxes$4,152$8,797$2,206$15,155
Depreciation Depletion$2,045$12,977-$15,022
Conferences and Meetings-$9,178-$9,178
Office Expenses-$5,966-$5,966
Interest-$5,109-$5,109
Travel-$2,352-$2,352
Other Expenses$332$1,699$22,484$1,699
All Other Expenses-$1,344-$1,344
Insurance-$1,103-$1,103
Advertising--$700$700
Total Functional Expenses$5,411,997$250,805$56,910$5,719,712

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,719,712
Total Expenses per Audited Statements$5,719,712
Total Expenses per Form 990$5,719,712
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Extra TableHattiesburg, MS501c3-$1,263,318
Building Healthy Schools PlaygroundHattiesburg, MS501c3Support$656,024
Health Insurance Premium AssistanceHattiesburg, MS501c3Support$327,153
Usm FoundationHattiesburg, MS501c3-$261,000
The Ummc FundJackson, MS501c3-$196,200
Horne Charitable FoundationHattiesburg, MS501c3Support$145,448
Ms United Methodist FoundationRidgeland, MS501c3-$145,259
Christian Services IncHattiesburg, MS501c3Support$118,524
Carmel of Jesus Mary and JosephFairfield, PA501c3Support$115,000
Horne Cares FoundationRidgeland, MS501c3Support$100,000
Laughs 4 LifeHattiesburg, MS501c3-$90,809
ST PATRICK'S CHURCHNew Orleans, LA501c3-$75,000
Hub AwardHattiesburg, MS501c3Support$74,806
Abbie Rogers Civitan CampHattiesburg, MS501c3Support$70,000
Reading and Math IncMinneapolis, MN501c3-$60,000
FRIENDS OF CHILDREN'S HOSPITALFlowood, MS501c3Support$52,509
International Myeloma FoundationNorth Hollywood, CA501c3Support$51,160
David Education FoundationFarmington, UT501c3Support$50,000
Hattiesburg Convention CommissionHattiesburg, MSGovSupport$50,000
Hogar Albergue Para Ninos Jesus DeMayaquez, PR501c3Support$50,000
Ronald Mcdonald HouseColumbia, SC501c3-$50,000
Youth Empowerment ProjectNew Orleans, LA501c3-$50,000
Youth Town of TnPinson, TN501c3-$50,000
The Family YmcaHattiesburg, MS501c3-$45,173
Edwards StreetHattiesburg, MS501c3Support$42,000
Cancer Patient Travel Assitance FunHattiesburg, MS501c3Support$38,950
Glory HouseLaurel, MS501c3Support$38,385
First Presbyterian Church of HattieHattiesburg, MS501c3Support$37,400
The Arc Southeast MsHattiesburg, MS501c3-$35,751
Forrest General Healthcare FoundHattiesburg, MS501c3Support$33,250
United Way of Southeast MississippiHattiesburg, MS501c3-$30,414
Southern Cross Animal RescueLaurel, MS501c3-$30,000
R3sm IncHattiesburg, MS501c3-$29,795
Hattiesburg Half MarathonHattiesburg, MS501c3Support$26,377
Giving Grace FundHattiesburg, MS501c3Support$25,000
Hanberry Family LegacyHattiesburg, MS501c3Support$25,000
Pinebelt Tennis and Pickleball FaciHattiesburg, MS501c3-$25,000
CHILDREN'S CENTER FOR COMMUNICATIONHattiesburg, MS501c3Support$23,848
Habitat for Humanity IncHattiesburg, MS501c3Support$20,589
Ms Gulf Coast Community College FouPerkinston, MS501c3-$20,500
Dubard School for Language DisorderHattiesburg, MS501c3Support$20,118
Oseola Mccarty Youth Dev CtrHattiesburg, MS501c3-$20,000
Midtown MerchantsHattiesburg, MS501c3-$19,141
Saint Fabian ChurchHattiesburg, MS501c3-$18,390
Mcgill MinistriesPetal, MS501c3-$17,722
Forrest County Sheriffs EquipmentHattiesburg, MS501c3Support$17,500
SAMARITAN'S PURSEBoone, NC501c3-$17,200
Main Street MethodistHattiesburg, MS501c3-$16,674
The Usm - Business ServicesHattiesburg, MSGov-$16,153
Piney Woods Conservation GroupHattiesburg, MS501c3-$15,244
Saint Fabian BuildingHattiesburg, MS501c3-$15,000
Westminister Presbyterian ChurchHattiesburg, MS501c3-$14,460
CruOrlando, FL501c3Support$13,500
Hattiesburg Arts CouncilHattiesburg, MS501c3Support$12,700
Southern Pines Animal ShelterHattiesburg, MS501c3-$12,574
United Christian MinistriesPurvis, MS501c3-$12,440
Angel HeartHattiesburg, MS501c3Support$12,000
Hattiesburg ZooHattiesburg, MS501c3Support$11,000
Sacred Heart Catholic SchoolHattiesburg, MS501c3-$10,482
Domestic Abuse Family Shelter IncLaurel, MS501c3Support$10,449
Hattiesburg Public School FoundatioHattiesburg, MS501c3Support$10,182
Behold IsraelMonument, CO501c3Support$10,000
Blue Line LegacyHattiesburg, MS501c3Support$10,000
Childrens of MississippiJackson, MS501c3Support$10,000
Eagle Scholars Support FundHattiesburg, MS501c3Support$10,000
Empower MississippiRidgeland, MS501c3Support$10,000
Friends of the Library-hattiesburgHattiesburg, MS501c3Support$10,000
Immerse ArkansasLittle Rock, AR501c3Support$10,000
Make a Wish MsRidgeland, MS501c3-$10,000
Mobile SpcaMobile, AL501c3-$10,000
Santuario De Animales San FranciscoBoqueron, PR501c3-$10,000
Sunnybrook Childrens HomeRidgeland, MS501c3-$10,000
The Heritage FoundationWashington, DC501c3-$10,000
The Jackson Tigers AauJackson, MS501c3-$10,000
United Friends of the ChildrenLos Angeles, CA501c3-$10,000
United Christian AcademyHattiesburg, MS501c3-$8,500
Pine Burr Area CouncilHattiesburg, MS501c3-$8,356
Zachary Little Memorial EndowmentHattiesburg, MS501c3-$8,000
Forrest County Sheriffs BenevolenceHattiesburg, MS501c3Support$7,750
Junior Auxiliary of Hattiesburg MsHattiesburg, MS501c3-$7,569
SomaPlaya Del Rey, CA501c3-$7,200
Arc- Pinebelt Region IncLaurel, MS501c3Support$7,000
International Justice MissionWashington, DC501c3Support$7,000
Hattiesburg Alliance for Public ArtHattiesburg, MS501c3Support$6,822
South Ms Rural Health IntiativeHattiesburg, MS501c3-$6,745
Kids HubHattiesburg, MS501c3-$6,615
Schools Against VapingHattiesburg, MS501c3-$6,282
EkklesiaHattiesburg, MS501c3Support$6,000
Judicial WatchWashington Dc, DC501c3-$6,000
LIFELINE CHILDREN'S SERVICESHattiesburg, MS501c3-$6,000
Wilson Research FoundationJackson, MS501c3-$6,000
RiseHattiesburg, MS501c3-$5,704
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
Funds Held in Agency Endowment$781,480
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The foundation's finance committee (or its delegated member) review the form 990 before it is signed and filed.

Form 990, Page 6, Part VI, Line 12C

The foundation requires its officers, directors and key employees (if any) to read and sign as having read the written conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The foundation's executive committee and the finance committee meet to discuss and determine the compensation of the executive director and key employees (if any). Independent persons comprising the executive committee and finance committee reviewed and approved the compensation and did so contemporaneously with deliberations.

Form 990, Page 6, Part VI, Line 15B

The foundation's executive committee and the finance committee meet to discuss and determine the compensation of the executive director and key employees (if any). Independent persons comprising the executive committee and finance committee reviewed and approved the compensation and did so contemporaneously with deliberations.

Form 990, Page 6, Part VI, Line 19

The foundation follows public inspection requirements and makes its governing documents and financial statements available to the public upon request. Public inspection may be made at the foundation's administrative office located at 1501 adeline street, hattiesburg, mississippi 39401 during normal business hours upon scheduling an appointment by calling 601-583-6180.

Filing and Contact Details

Filer

Filer Name
Pinebelt Foundation
EIN
72-1390352
Phone
6015836180
Address
1501 ADELINE STREET, HATTIESBURG, MS 39401

Signing Officer

Name
Mike Dixon
Title
Executive Director
Phone
6015836180
Signed
2023-04-18

Organization Details

Principal Officer
Mike Dixon
Formed
1997
Legal Domicile
Ms
Voting Board Members
23
Independent Board Members
23
Employees
3
Volunteers
75

Preparer

Firm
Holt & Associates Pllc
Address
2815 HIGHWAY 15 N, LAUREL, MS 39440
Preparer
Julie Uher
Phone
6016493000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The foundation is a not-for-profit organization designed to support charitable activities to benefit the residents of the pine belt area of south mississippi. The mission is to build better communities through philanthropy. As a driving force in our region, our mission is to build stronger communities through philanthropy. Donors can establish charitable legacies and provide leadership to address community needs in a manner that is responsible, responsive, and lasting.

Form 990, Page 1, Part I, Line 6

FUNDRAISING

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

Contributions and program service disbursements for charitable purposes.

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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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IRS990ScheduleI/RecipientTable/CashGrantAmt4910000
IRS990ScheduleI/RecipientTable/CashGrantAmt5017722
IRS990ScheduleI/RecipientTable/CashGrantAmt5119141

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.4$1.52$34.9$11.2$6.92$4.24
2023Detailed filing. Detailed filing data is available for this year.$31.2$1.43$29.7$5.58$3.30$2.29
2022Detailed filing. Detailed filing data is available for this year.$26.3$0.81$25.5$11.1$5.72$5.36
2021Detailed filing. Detailed filing data is available for this year.$25.5$1.87$23.6$10.5$3.98$6.51
2020Detailed filing. Detailed filing data is available for this year.$18.7$1.61$17.1$11.3$2.23$9.07
2019Detailed filing. Detailed filing data is available for this year.$8.98$0.98$8.00$5.49$3.39$2.10
2018Detailed filing. Detailed filing data is available for this year.$6.52$0.63$5.89$2.53$2.45$0.08
2017Detailed filing. Detailed filing data is available for this year.$6.48$0.67$5.80$4.09$2.32$1.76
2016Detailed filing. Detailed filing data is available for this year.$4.61$0.57$4.04$2.15$1.93$0.22
2015Detailed filing. Detailed filing data is available for this year.$4.33$0.52$3.81$2.51$2.03$0.48
2014Detailed filing. Detailed filing data is available for this year.$3.83$0.50$3.33$1.84$1.24$0.60
2013Detailed filing. Detailed filing data is available for this year.$3.00$0.28$2.72$2.33$2.02$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.00$2.42$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.00$1.92$1.07