Civic Intelligence

The Greater Pinebelt Community Foundation

990 • Fiscal year 2017 • EIN 72-1390352

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 15, 2018

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

42nd percentile

0.10x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.16x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

91st percentile

41%

Faster asset growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

90%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$6,475,338

Up $1,869,389 (+41%) from 2016

Net Assets

Up

$5,801,359

Up $1,763,463 (+44%) from 2016

Liabilities

Up

$673,979

Up $105,926 (+19%) from 2016

Revenue

Up

$4,088,236

Up $1,937,728 (+90%) from 2016

Expenses

Up

$2,324,773

Up $397,837 (+21%) from 2016

Net Income

Up

$1,763,463

Up $1,539,891 (+689%) from 2016

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

2017

Assets$6,475,338
Liabilities$673,979
Net Assets$5,801,359

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

2017

Revenue$4,088,236
Expenses$2,324,773
Net Income$1,763,463
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 15, 2018
Return Version
2017v2.3
Gross Receipts
$4,088,236
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,811,205$4,720,099▲ $908,894
Cash and Non-Interest-Bearing Accounts$708,665$1,457,410▲ $748,745
Land, Buildings, and Equipment, Net$2,663$177,738▲ $175,075
Savings and Temporary Cash Investments$83,416$120,091▲ $36,675
Total Assets$4,605,949$6,475,338▲ $1,869,389
Liabilities
Other Liabilities$566,724$672,717▲ $105,993
Accounts Payable and Accrued Expenses$1,329$1,262▼ $67
Total Liabilities$568,053$673,979▲ $105,926
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,794,399$5,350,931▲ $1,556,532
Unrestricted Net Assets$243,497$450,428▲ $206,931
Total Net Assets Fund Balance$4,037,896$5,801,359▲ $1,763,463
Total Liabilities and Net Assets / Fund Balance$4,605,949$6,475,338▲ $1,869,389

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$177,738$79,481$257,219
Equipment-$7,128$7,128

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,973,275$261,871▼ $222,910-$3,268,080
2015$2,265,633$760,489▼ $19,174-$2,973,275
2014$1,868,941$542,604▲ $140,913-$2,265,633
2013$1,528,834$345,838▲ $213,103-$1,799,435
Compensation and Service Providers

Board Members and Trustees

NameTitle
Terri BellPresident
Paul LaughlinSecretary
David BurckelTreasurer
Brady RaanesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$3,471,486
Program Service Revenue
$0
Investment Income
$497,850
Other Revenue
$118,900
All Other Contributions
$3,471,486
Change in Net Assets
$1,763,463

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,088,236
Total Revenue per Audited Statements
$4,088,236
Total Revenue per Form 990
$4,088,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,039,978
Salaries, Compensation, and Employee Benefits$167,854
Total Fundraising Expense$132,587
Other Expenses$116,941
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,661,454--$1,661,454
Grants to Domestic Individuals$378,524--$378,524
Other Salaries and Wages-$58,070$79,068$137,138
Fees for Services Accounting-$28,749-$28,749
Other Employee Benefits-$19,936-$19,936
Occupancy-$11,448-$11,448
Payroll Taxes-$10,780-$10,780
Office Expenses$82$4,255-$4,337
Depreciation Depletion$942$2,822-$3,764
Insurance$843$1,500-$2,343
All Other Expenses$611$1,582-$2,193
Travel-$1,797-$1,797
Other Expenses-$1,057$13,625$1,057
Conferences and Meetings-$343-$343
Total Functional Expenses$2,042,456$149,730$132,587$2,324,773

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,324,773
Total Expenses per Audited Statements$2,324,773
Total Expenses per Form 990$2,324,773
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
R3sm IncHattiesburg, MS--$494,791
Health Insurance Premium AssistanceHattiesburg, MS-Support$297,576
North Sunflower AcademyDrew, MS--$137,750
Laughs 4 LifeHattiesburg, MS--$97,795
Common Ground Baptist ChurchHampton, AR-Support$90,000
Cure Childhood CancerAtlanta, GA--$60,000
Trinity Episcopal ChurchHattiesburg, MS--$59,210
International Myeloma FoundationNorth Hollywood, CA--$49,015
Pine Belt Community Disaster FundHattiesburg, MS--$40,834
The Family YmcaHattiesburg, MS--$34,591
See Spot Run Dog Park FundHattiesburg, MS--$34,061
First Baptist Church of HattiesburgHattiesburg, MS-Support$30,000
Homes of HopeHattiesburg, MS--$29,000
The Jackson Tigers IncJackson, MS--$25,000
Arc- Forrest CountyHattiesburg, MS-Support$23,000
Forrest General Healthcare FoundHattiesburg, MS-Support$22,763
William Carey UniversityHattiesburg, MS--$20,000
SAMARITAN'S PURSEBoone, NC--$15,000
Sumrall Development FoundationHattiesburg, MS--$13,390
Hub AwardHattiesburg, MS--$13,170
America Reads MississippiJackson, MS-Support$12,600
Arc- Pinebelt Region IncLaurel, MS-Support$10,000
Main Street United Methodist ChurchHattiesburg, MS--$10,000
Hattiesburg HundredHattiesburg, MS--$7,514
The Extra TableHattiesburg, MS--$6,486
Hattiesburg Council of ArtsHattiesburg, MS-Support$6,000
The University of Southern MississiHattiesburg, MS--$6,000
Pine Belt Law Enforcement EmergencyHattiesburg, MS--$5,500
Friends of Hattiesburg FirementHattiesburg, MS--$5,408
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$672,717
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 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
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, 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 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 1507 hardy street, suite 208, hattiesburg, mississippi 39401 during normal business hours upon scheduling an appointment by calling 601-583-6180.

Filing and Contact Details

Filer

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

Signing Officer

Name
Mike Dixon
Title
Executive Director
Phone
6015836180
Signed
2018-04-15

Organization Details

Principal Officer
Mike Dixon
Formed
1997
Legal Domicile
Ms
Voting Board Members
25
Independent Board Members
25
Employees
5
Volunteers
30

Preparer

Firm
Holt & Associates Pllc
Address
2815 HWY 15 NORTH, LAUREL, MS 39440-1812
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 legaies 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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICA READS MISSISSIPPI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ARC- FORREST COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ARC- PINEBELT REGION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COMMON GROUND BAPTIST CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4FIRST BAPTIST CHURCH OF HATTIESBURG
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5FORREST GENERAL HEALTHCARE FOUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6HATTIESBURG COUNCIL OF ARTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HEALTH INSURANCE PREMIUM ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8HOMES OF HOPE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9HUB AWARD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10INTERNATIONAL MYELOMA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11LAUGHS 4 LIFE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12MAIN STREET UNITED METHODIST CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13NORTH SUNFLOWER ACADEMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14R3SM INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15SAMARITAN'S PURSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16SEE SPOT RUN DOG PARK FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17THE EXTRA TABLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18THE FAMILY YMCA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt19THE JACKSON TIGERS INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt20THE UNIVERSITY OF SOUTHERN MISSISSI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt21WILLIAM CAREY UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt22SUMRALL DEVELOPMENT FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt23CURE CHILDHOOD CANCER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt24FRIENDS OF HATTIESBURG FIREMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt25HATTIESBURG HUNDRED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt26PINE BELT COMMUNITY DISASTER FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt27PINE BELT LAW ENFORCEMENT EMERGENCY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt28TRINITY EPISCOPAL CHURCH
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 18800
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22263 MILLCREEK ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 384
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt44142 LINCOLN RD EXT

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