Civic Intelligence

Mississippi Construction Education

EIN 72-1392119 • 501(c)3 • Pearl, MS

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Profile

The mission of the mississippi construction education foundation is to promote careers, recruit capable individuals and train a quality workforce for the construction industry in the state of mississippi.

5165 Old Brandon RoadPearl, MS 39208

www.mcef.com

Siviq Scores

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

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.16x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$108,563

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

43rd percentile

1.6%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

47th percentile

5.7%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$3,914,814

Up $204,461 (+5.5%) from 2023

Liabilities

Down

$408,331

Down $110,329 (-21%) from 2023

Net Assets

Up

$3,506,483

Up $314,790 (+9.9%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin62nd percentile

Revenue

Up

$2,605,137

Up $353,172 (+16%) from 2023

Expenses

Up

$2,313,879

Up $79,198 (+3.5%) from 2023

Net Income

Up

$291,258

Up $273,974 (+1585%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,231,701Liabilities 2010: $194,546Net Assets 2010: $1,037,1552010Assets 2011: $1,253,910Liabilities 2011: $151,694Net Assets 2011: $1,102,2162011Assets 2012: $1,215,939Liabilities 2012: $150,793Net Assets 2012: $1,065,1462012Assets 2013: $1,264,479Liabilities 2013: $225,641Net Assets 2013: $1,038,8382013Assets 2014: $1,371,314Liabilities 2014: $192,969Net Assets 2014: $1,178,3452014Assets 2015: $1,325,870Liabilities 2015: $139,429Net Assets 2015: $1,186,4412015Assets 2016: $1,430,107Liabilities 2016: $145,927Net Assets 2016: $1,284,1802016Assets 2017: $1,652,891Liabilities 2017: $149,217Net Assets 2017: $1,503,6742017Assets 2018: $1,844,712Liabilities 2018: $116,526Net Assets 2018: $1,728,1862018Assets 2019: $2,200,381Liabilities 2019: $100,394Net Assets 2019: $2,099,9872019Assets 2020: $2,390,231Liabilities 2020: $170,788Net Assets 2020: $2,219,4432020Assets 2021: $3,518,425Liabilities 2021: $163,094Net Assets 2021: $3,355,3312021Assets 2022: $3,794,278Liabilities 2022: $653,954Net Assets 2022: $3,140,3242022Assets 2023: $3,710,353Liabilities 2023: $518,660Net Assets 2023: $3,191,6932023Assets 2024: $3,914,814Liabilities 2024: $408,331Net Assets 2024: $3,506,4832024

Highlighted filing

2024

Assets$3,914,814
Liabilities$408,331
Net Assets$3,506,483
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,622,4152010Expenses 2011: $1,267,8732011Expenses 2012: $1,120,6972012Revenue 2013: $1,103,642Expenses 2013: $1,129,950Net Income 2013: -$26,3082013Revenue 2014: $1,463,596Expenses 2014: $1,415,508Net Income 2014: $48,0882014Revenue 2015: $1,369,905Expenses 2015: $1,361,809Net Income 2015: $8,0962015Revenue 2016: $1,659,481Expenses 2016: $1,562,960Net Income 2016: $96,5212016Revenue 2017: $1,890,116Expenses 2017: $1,712,049Net Income 2017: $178,0672017Revenue 2018: $2,090,695Expenses 2018: $1,802,387Net Income 2018: $288,3082018Revenue 2019: $2,119,682Expenses 2019: $1,810,002Net Income 2019: $309,6802019Revenue 2020: $1,851,863Expenses 2020: $1,671,886Net Income 2020: $179,9772020Revenue 2021: $2,760,503Expenses 2021: $1,779,229Net Income 2021: $981,2742021Revenue 2022: $2,332,956Expenses 2022: $2,082,941Net Income 2022: $250,0152022Revenue 2023: $2,251,965Expenses 2023: $2,234,681Net Income 2023: $17,2842023Revenue 2024: $2,605,137Expenses 2024: $2,313,879Net Income 2024: $291,2582024

Highlighted filing

2024

Revenue$2,605,137
Expenses$2,313,879
Net Income$291,258
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,914,814
Liabilities
$408,331
Net assets
$3,506,483
Revenue
$2,605,137
Expenses
$2,313,879
Net income
$291,258
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.91$0.41$3.51$2.61$2.31$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.52$3.19$2.25$2.23$0.02
2022Detailed filing. Detailed filing data is available for this year.$3.79$0.65$3.14$2.33$2.08$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$0.16$3.36$2.76$1.78$0.98
2020Detailed filing. Detailed filing data is available for this year.$2.39$0.17$2.22$1.85$1.67$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$0.10$2.10$2.12$1.81$0.31
2018Detailed filing. Detailed filing data is available for this year.$1.84$0.12$1.73$2.09$1.80$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.65$0.15$1.50$1.89$1.71$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.43$0.15$1.28$1.66$1.56$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.14$1.19$1.37$1.36$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.19$1.18$1.46$1.42$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.26$0.23$1.04$1.10$1.13$0.03
2012Detailed filing. Detailed filing data is available for this year.$1.22$0.15$1.07$1.12
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.15$1.10$1.27
2010Detailed filing. Detailed filing data is available for this year.$1.23$0.19$1.04$1.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$3,016,760
Mission and Program Overview

Mission

The mission of the mississippi construction education foundation is to promote careers, recruit capable individuals and train a quality workforce for the construction industry in the state of mississippi.

Promote careers, recruitment and training of a quality workforce for the construction industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,573,119$1,544,180▼ $28,939
Investments in Publicly Traded Securities$1,035,710$1,138,620▲ $102,910
Pledges and Grants Receivable$206,250$406,250▲ $200,000
Land, Buildings, and Equipment, Net$286,518$299,298▲ $12,780
Prepaid Expenses and Deferred Charges$64,251$123,041▲ $58,790
Accounts Receivable$75,417$103,566▲ $28,149
Inventories for Sale or Use$81,494$14,518▼ $66,976
Total Assets$3,710,353$3,914,814▲ $204,461
Other Assets Total$387,594$285,341▼ $102,253
Liabilities
Mortgage Notes Payable Secured by Investment Property$300,273$181,618▼ $118,655
Accounts Payable and Accrued Expenses$161,837$161,963▲ $126
Deferred Revenue$56,550$64,750▲ $8,200
Total Liabilities$518,660$408,331▼ $110,329
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,839,560$2,985,450▲ $145,890
Net Assets With Donor Restrictions$352,133$521,033▲ $168,900
Total Net Assets Fund Balance$3,191,693$3,506,483▲ $314,790
Total Liabilities and Net Assets / Fund Balance$3,710,353$3,914,814▲ $204,461

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$175,165$133,656$308,821
Equipment$18,177$287,461$305,638
Other Land Buildings$105,956$74,223$180,179
Other Assets Org$285,341--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent BeanPresidentFT$103,657$13,444$117,101

Board Members and Trustees

NameTitle
Jason HenryChairman
Bruce BrumfieldPast Chairman
Matt McwilliamsVice Chair
Christee HolbrookDirector
David HillDirector
James L Roberts JrDirector
Jana BufordDirector
Joel WatersDirector
Johnny YoungDirector
Lee NationsDirector
Lloyd SpiveyDirector
Mike PepperDirector
Peggy HarthcockDirector
Scott RussellDirector
Whit AdamsDirector
William HuxDirector
Trey MccoySecretary
Wes WinborneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,129,345
Program Service Revenue
$340,158
Investment Income
$130,620
Other Revenue
$5,014
All Other Contributions
$81,845
Change in Net Assets
$291,258

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,593,003
Revenue Not Reported on Financial Statements
$12,134
Revenue Not Reported on Form 990
$38,532
Total Revenue per Audited Statements
$2,631,535
Total Revenue per Form 990
$2,605,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,444,833
Salaries, Compensation, and Employee Benefits$856,546
Grants and Similar Amounts Paid$12,500
Total Fundraising Expense$12,119
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$588,456$12,429$2,524$603,409
Advertising$146,664--$146,664
Occupancy$106,195$15,019$1,286$122,500
Other Expenses$120,100$4,264$365$120,100
Current Officers, Directors, Trustees, and Key Employees$24,500$74,257$4,900$103,657
Other Employee Benefits$77,916$11,019$944$89,879
Office Expenses$71,272$17,357$715$89,344
Depreciation Depletion$59,166$8,368$717$68,251
Conferences and Meetings$54,395$6,228-$60,623
Payroll Taxes$51,668$7,307$626$59,601
Fees for Services Accounting-$51,520-$51,520
Grants to Domestic Individuals$12,500--$12,500
Fees for Service Investment Mgmnt Fees-$12,134-$12,134
Fees for Services Other$3,433$3,285$42$6,760
Total Functional Expenses$2,078,573$223,187$12,119$2,313,879

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,316,745
Total Expenses per Form 990$2,313,879
Expenses per Audited Statements$2,301,745
Expenses Not Reported on Form 990$15,000
Expenses Not Reported on Financial Statements$12,134
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Wes WinborneBoard Member of the OrganizationWes Winborne Is a Board Member of the Mississippi Construction Education Foundation and a Shareholder of Horne, Llp, Which Assisted With Marketing to the Organization.No$146,664
William HuxBoard Member of the OrganizationWilliam Hux Is a Board Member of the Mississippi Construction Education Foundation and a Member of Hup, Llc, Which Rents Property to the Organization.No$30,000
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
Yes
Material changes to governing documents
Yes
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, Part VI, Section A, Line 4

“The organization updated its bylaws since the prior form 990 was filed.”

Form 990, Part VI, Section B, Line 11B

“A draft of the form 990 is provided to both the president and the board of directors. The draft is reviewed and discussed and any questions brought up by the board members or the president are answered and/or cleared before the return is filed.”

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

“The conflict of interest policy is provided to all board members and key employees annually. It is revised and any necessary disclosures are made annually. A final copy of the policy is signed by each board member annually. The president is responsible for monitoring during the year.”

Form 990, Part VI, Section B, Line 15

“Compensation for officers and key employees is determined based on a periodic analysis of similar sized organizations.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy and financial statements available to the general public upon request; these documents are located at all administrative offices for the general public's review.”

Filing and Contact Details

Filer

Filer Name
Mississippi Construction Education
EIN
72-1392119
Phone
6016052989
Address
5165 OLD BRANDON ROAD, PEARL, MS 39208

Signing Officer

Name
Brent Bean
Title
President
Phone
6016052989
Signed
2025-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Bean
Formed
2009
Legal Domicile
Ms
Voting Board Members
18
Independent Board Members
18
Employees
34
Volunteers
18

Preparer

Firm
Matthews Cutrer & Lindsay Pa
Address
1020 HIGHLAND COLONY PKWY 500, RIDGELAND, MS 39157
Preparer
Charles R Lindsay CPA
Phone
6018988875
Supplemental Narrative

Additional Explanations

PART XI LINE 2C - COMMITTEE OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS:

“The auditor meets with the board of directors making a full presentation at the completion of the audit for the year answering any of the board's questions. The auditor works close with the board of directors during the year should any concerns arise.”

Raw XML AppendixShowing 400 of 573 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTE CAREERS, RECRUITMENT AND TRAINING OF A QUALITY WORKFORCE FOR THE CONSTRUCTION INDUSTRY.
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05165 OLD BRANDON ROAD
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IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
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IRS990/Desc0DURING 2024, MISSISSIPPI CONSTRUCTION EDUCATION FOUNDATION (MCEF) CONTINUED TO STRIVE IN MEETING THE GOALS AND OBJECTIVES THAT WERE INITIALLY ESTABLISHED BY ITS FOUNDERS MANY DECADES AGO. THE STAFF AT MCEF WORKED VIGOROUSLY TOWARDS THE FOUNDATION'S MISSION OF PROMOTING CAREERS, RECRUITING CAPABLE INDIVIDUALS, AND TRAINING A QUALITY WORKFORCE FOR THE CONSTRUCTION AND MANUFACTURING INDUSTRY IN MISSISSIPPI. MEMBERS OF THE MISSISSIPPI'S DEPARTMENT OF EDUCATION; CAREER AND TECHNICAL EDUCATION AND WORKFORCE DEVELOPMENT OFFICE ALONG WITH THE STAFF OF MCEF, AND REPRESENTATIVES FROM ACCELERATEMS MET QUARTERLY IN 2024 TO REVIEW THE GROWTH AND SUCCESS OF MISSISSIPPI'S CAREER AND TECHNICAL PROGRAMS ASSOCIATED WITH HIGH SCHOOLS THROUGHOUT THE STATE. MCEF'S STAFF ALSO MET 3 TIMES IN 2024 WITH ALL 179 OF THE SECONDARY-CAREER AND TECHNICAL EDUCATIONAL (CTE) CONSTRUCTION PROGRAMS TO SHARE PERTINENT INFORMATION NEEDED TO KEEP THE PROGRAMS OPERATING PROPERLY AND TO INFORM THEM OF ANY PROBLEM AREAS THAT MAY REQUIRE MORE ATTENTION THAT WILL ENSURE THE CONTINUED GROWTH AND IMPROVEMENT OF THEIR CAREER AND TECHNICAL PROGRAMS.ENROLLMENT IN SECONDARY PROGRAMS THROUGHOUT MS GREW DURING THE 2024 SCHOOL YEAR. MCEF OVERSAW 106 CENTERS THAT COMPRISED 179 CONSTRUCTION TRADE PROGRAMS INCLUDING 6,000 STUDENTS. EIGHT NEW CAREER AND TECHNICAL TRADE PROGRAMS WERE ADDED TO THE LARGE NUMBER OF EXISTING PROGRAMS THAT ARE RUNNING SMOOTHLY THROUGHOUT THE STATE. IN ADDITION, MCEF CERTIFIED OVER 25 NEW INSTRUCTORS IN THE NCCER CURRICULUM. MCEF STAFF ALSO CERTIFIED OVER 1,000 INMATES INCARCERATED IN CORRECTIONAL FACILITIES THROUGHOUT MS, PROVIDING THEM WITH THE PROPER EDUCATION AND TRAINING THEY NEED TO ENSURE A FRESH START IN THE WORKFORCE INDUSTRY UPON RELEASE FROM INCARCERATION.IN THE 2024 ACADEMIC SCHOOL YEAR, MCEF CONTINUED ITS GOAL TO PLACE MORE OF AN EMPHASIS ON RECRUITING AND PROMOTING CAREER AND TECHNICAL EDUCATION, IN LARGE PART TO SECONDARY STUDENTS THAT ARE NOT INVOLVED IN CT EDUCATION AND THAT ARE UNAWARE OF THE OPPORTUNITIES THAT THE CONSTRUCTION AND MANUFACTURING INDUSTRIES OFFER THAT WILL PAVE THE WAY FOR A LUCRATIVE FUTURE AND A SUCCESSFUL CAREER PATH. MCEF GREW ITS RELATIONSHIPS WITH MEMBERS OF THE MISSISSIPPI ASSOCIATION OF INDEPENDENT SCHOOLS(MAIS) BY ASSISTING IN CREATING 5 STAND ALONG CONSTRUCTION PROGRAMS IN PRIVATE SCHOOLS AS WELL AS SPEAKING TO MULTIPLE SCHOOLS AND COUNSELORS ACROSS THE STATE. MCEF ALSO IMPLEMENTED MORE FACE-TO-FACE INTERACTION WITH THE NEWLY HIRED ACCELERATEMS CAREER COACHES THAT HAVE BEEN PLACED IN VARIOUS SECONDARY SCHOOLS IN MS TO PREPARE STUDENTS FOR THEIR FUTURE CAREER(S). THE IMPORTANCE OF RAISING AWARENESS OF CT EDUCATION TO THESE COACHES, AS WELL AS ALL SECONDARY SCHOOL COUNSELORS IS A KEY COMPONENT TO CHANGING THE DISTORTED IMAGE MISSISSIPPIANS HAVE ABOUT PURSUING A CAREER IN A SKILLED TRADE.IN THE SPRING OF 2024 MCEF ONCE AGAIN HOSTED THE SKILLSUSA STATE CHAMPIONSHIPS IN CONSTRUCTION TRADES. PROVIDING THE OPPORTUNITY FOR ALMOST 200 HIGH SCHOOL AND COMMUNITY COLLEGE STUDENTS TO PUT THEIR SKILLS TO THE TEST AGAINST THEIR PEERS AS WELL AS PERFORM IN FRONT OF LEADING CONTRACTORS FROM ACROSS THE STATE. IN CONJUNCTION WITH THIS EVENT, MCEF HELD THEIR SECOND ANNUAL CONSTRUCTION CAREER JOB FAIR AND MCEF CONSTRUCTION CAREER SIGNING DAY. OVER 300 HIGH SCHOOL SENIORS HAD THE OPPORTUNITY TO VISIT WITH OVER TWO DOZEN COMMERCIAL CONTRACTORS TO DISCUSS JOB OPPORTUNITIES IN THEIR RESPECTIVE TRADES. MCEF ALSO HAD TWENTY-TWO SENIORS SIGN THEIR INTENT TO CONTINUE THEIR PATH THROUGH THE CONSTRUCTION INDUSTRY VIA COMMUNITY COLLEGE PROGRAMS, APPRENTICESHIPS, OR ENTERING STRAIGHT INTO THE WORKFORCE.
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