Civic Intelligence

Mississippi First Inc.

990 • Fiscal year 2016 • EIN 80-0310153

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 04, 2016

Organization Profilewww.mississippifirst.org
PO Box 1159Jackson, MS 39215-1159

(601) 398-9008

Siviq Scores

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

Liabilities / Assets

70th percentile

0.19x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

66th percentile

0.12x

Higher debt load relative to revenue than 66% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

51st percentile

3.1%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

81st percentile

$79,550

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

187%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$596,445

Up $99,298 (+20%) from 2015

Net Assets

Up

$482,433

Up $30,461 (+6.7%) from 2015

Liabilities

Up

$114,012

Up $68,837 (+152%) from 2015

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin51st percentile

Revenue

Up

$967,822

Up $630,076 (+187%) from 2015

Expenses

Up

$937,361

Up $328,492 (+54%) from 2015

Net Income

Up

$30,461

Up $301,584 (+111%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$10M$5.0M$0Assets 2013: $177,242Liabilities 2013: $0Net Assets 2013: $177,2422013Assets 2014: $734,838Liabilities 2014: $11,743Net Assets 2014: $723,0952014Assets 2015: $497,147Liabilities 2015: $45,175Net Assets 2015: $451,9722015Assets 2016: $596,445Liabilities 2016: $114,012Net Assets 2016: $482,4332016Assets 2017: $969,661Liabilities 2017: $61,861Net Assets 2017: $907,8002017Assets 2018: $868,373Liabilities 2018: $65,721Net Assets 2018: $802,6522018Assets 2019: $425,224Liabilities 2019: $14,849Net Assets 2019: $410,3752019Assets 2020: $573,126Liabilities 2020: $74,676Net Assets 2020: $498,4502020Assets 2021: $657,428Liabilities 2021: $24,993Net Assets 2021: $632,4352021Assets 2022: $8,768,110Liabilities 2022: $100,816Net Assets 2022: $8,667,2942022Assets 2023: $6,956,517Liabilities 2023: $240,839Net Assets 2023: $6,715,6782023Assets 2024: $5,134,021Liabilities 2024: $299,700Net Assets 2024: $4,834,3212024

Highlighted filing

2016

Assets$596,445
Liabilities$114,012
Net Assets$482,433
Open 2016 Filing

Operations Trend

Revenue Growth96th percentile

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

$10M$5.0M$0-$5.0MExpenses 2013: $30,5502013Revenue 2014: $1,004,692Expenses 2014: $458,839Net Income 2014: $545,8532014Revenue 2015: $337,746Expenses 2015: $608,869Net Income 2015: -$271,1232015Revenue 2016: $967,822Expenses 2016: $937,361Net Income 2016: $30,4612016Revenue 2017: $1,936,932Expenses 2017: $1,511,565Net Income 2017: $425,3672017Revenue 2018: $1,353,505Expenses 2018: $1,458,653Net Income 2018: -$105,1482018Revenue 2019: $1,480,787Expenses 2019: $1,873,064Net Income 2019: -$392,2772019Revenue 2020: $1,241,137Expenses 2020: $1,153,062Net Income 2020: $88,0752020Revenue 2021: $1,024,990Expenses 2021: $925,338Net Income 2021: $99,6522021Revenue 2022: $8,796,715Expenses 2022: $761,856Net Income 2022: $8,034,8592022Revenue 2023: $465,618Expenses 2023: $2,417,234Net Income 2023: -$1,951,6162023Revenue 2024: $996,445Expenses 2024: $2,877,802Net Income 2024: -$1,881,3572024

Highlighted filing

2016

Revenue$967,822
Expenses$937,361
Net Income$30,461
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 4, 2016
Return Version
2015v2.1
Gross Receipts
$967,822
Mission and Program Overview

Mission

Mississippi First champions transformative policy solutions ensuring educational excellence for every Misssissippi child.

Mississippi First champions transformative policy solutions for every Mississippi child.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$463,139$456,882▼ $6,257
Accounts Receivable$7,220$121,787▲ $114,567
Land, Buildings, and Equipment, Net$26,788$17,776▼ $9,012
Total Assets$497,147$596,445▲ $99,298
Liabilities
Accounts Payable and Accrued Expenses$45,175$114,012▲ $68,837
Total Liabilities$45,175$114,012▲ $68,837
Net Assets / Fund Balance
Temporarily Rstr Net Assets$377,833$425,017▲ $47,184
Unrestricted Net Assets$74,139$57,416▼ $16,723
Total Net Assets Fund Balance$451,972$482,433▲ $30,461
Total Liabilities and Net Assets / Fund Balance$497,147$596,445▲ $99,298

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,776$23,734$41,510
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rachel CanterExecutive DirectorFT$75,000$4,550$79,550
MacKenzie S HinesSecretaryFT$52,851-$52,851

Board Members and Trustees

NameTitle
Matt BengloffChair
Dr Marty WisemanBoard Member
Maggie MiddletonBoard Member
Mary ThompsonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$967,563
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$259
All Other Contributions
$967,563
Change in Net Assets
$30,461

Audited Revenue Reconciliation

Revenue per Audited Statements
$967,822
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$967,822
Total Revenue per Form 990
$967,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$497,101
Other Expenses$440,260
Total Fundraising Expense$10,142
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$289,562$19,348-$308,910
Other Salaries and Wages$270,546$11,513$5,756$287,815
Current Officers, Directors, Trustees, and Key Employees$120,180$5,114$2,557$127,851
Conferences and Meetings$56,838--$56,838
Other Employee Benefits$27,243$21,188$580$49,011
Payroll Taxes$30,479$1,297$648$32,424
Office Expenses$15,254$12,763-$28,017
Occupancy$17,602$749$375$18,726
Depreciation Depletion$10,607$451$226$11,284
Fees for Services Accounting-$8,450-$8,450
Information Technology-$6,791-$6,791
Insurance-$948-$948
Other Expenses$71$225-$71
Total Functional Expenses$838,382$88,837$10,142$937,361

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$937,361
Total Expenses per Audited Statements$937,361
Total Expenses per Form 990$937,361
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No
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
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 B, line 11

“The Board of Directors receives a copy of the tax return and any questions regarding the return are directed to the CPA who prepares the return. All questions are answered prior to filing Form 990.”

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

“The conflict of interest policy is provided to all board members annually. The board members are required to complete and sign the form annually. The conflict of interest form asks the board members to list all of their relevant organizational and personal affiliations. The board then discusses whether different situations give rise to the level of creating a conflict of interest which would require recusal of board members from discussions or decisions as per the conflict of interest policy.”

Form 990, Part VI, Section B, line 15

“The executive director's compensation is reviewed and adjusted by the Board of Directors. Before determining any salary adjustment the board considers experience with the organization, background and other professional experience. The board also utilized salary surveys to obtain the median salaries for education nonprofit executive directors in the area and nationally and reviewed various other nonprofit organization's compensation via various websites available.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest statements and finanical statements are available for public inspection upon request being made to the Organization.”

Filing and Contact Details

Filer

Filer Name
Mississippi First Inc
EIN
80-0310153
Phone
6013989008
Address
PO Box 1159, Jackson, MS 39215-1159

Signing Officer

Name
Rachel Canter
Title
Executive Director
Phone
6013989008
Signed
2016-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rachel Canter
Formed
1982
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
4
Employees
7
Volunteers
4

Preparer

Firm
Matthews Cutrer & Lindsay PA
Address
599C Steed Rd, Ridgeland, MS 39157
Preparer
Charles R Lindsay CPA
Phone
6018988875
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Administrative services: Program service expenses 289,562. Management and general expenses 19,348. Fundraising expenses 0. Total expenses 308,910.”

Form 990, Part XII, 2C

“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 closely with the Board of Directors during the year should any concerns arise.”

Raw XML Appendix399 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt045175
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0114012
IRS990/AccountsReceivableGrp/BOYAmt07220
IRS990/AccountsReceivableGrp/EOYAmt0121787
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Mississippi First champions transformative policy solutions for every Mississippi child.
IRS990/AllOtherContributionsAmt0967563
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Rachel Canter
IRS990/BooksInCareOfDetail/PhoneNum06013989008
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0125 S Congress St Ste 1510
IRS990/BooksInCareOfDetail/USAddress/CityNm0Jackson
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MS
IRS990/BooksInCareOfDetail/USAddress/ZIPCd039201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0463139
IRS990/CashNonInterestBearingGrp/EOYAmt0456882
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt02557
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt05114
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0120180
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0127851
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt056838
IRS990/ConferencesMeetingsGrp/TotalAmt056838
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0967563
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0440260
IRS990/CYOtherRevenueAmt0259
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt030461
IRS990/CYSalariesCompEmpBnftPaidAmt0497101
IRS990/CYTotalExpensesAmt0937361
IRS990/CYTotalFundraisingExpenseAmt010142
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0967822
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0226
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0451
IRS990/DepreciationDepletionGrp/ProgramServicesAmt010607
IRS990/DepreciationDepletionGrp/TotalAmt011284
IRS990/Desc0Pre-K- Mississippi First (MSF) has partnered with MDE to support the implementation of the pre-K law. - MSF continued to provide resources on the 1:1 state tax credit included in the bill to incentivize business/community support of pre-K collaboratives. The resources were sent to accountants across the state.- MSF partnered with Mississippi Public Broadcasting (MPB) to begin production on a video that explains the successes of public pre-K. - Collected data for the second "State of Pre-K Report."- NIEER ranked Mississippi's pre-K law in top 5 for standards; this was based on our recommendations when the law was written. - MSF successfully lobbied to increase funding for state-funded pre-K.Charter Schools:- MSF met with different legislators to educate them about what charter schools are and what they will mean for the Mississippi education system.- MSF serves as the fiscal sponsor for the Mississippi Charter Schools Association (MCSA), which supports charter school applicants as well as approved charter schools. MCSA recently received its 501c3 status and is preparing to spin off.- MSF successfully lobbied for changes to the charter school laws, including requiring charter schools meet or exceed graduation requirements set by the State Board of Education, making teachers eligible for PERS if they work in a charter school, giving teachers 3 years to earn state certification as long as no more than 25% of a charter school's teachers are not certified, granting conversion charter schools a right to lease or buy their facilities, and allowing students in C, D, or F districts to cross district lines to attend a charter school.- MSF published "Keeping the Promise: Strengthening Mississippi's Charter Schools Act of 2013."- Fielded questions from individuals interested in opening charter schools in Mississippi.- Hired two contractors to assist with increasing the charter school network in MS.- Released op eds and met with the media to discuss the role charter schools play in education in Mississippi.- Worked with school choice advocates to host an event at the Capitol during School Choice Week.- MSF released the 2nd "Keeping the Promise: Charter School Brief."- The first charter schools in Mississippi's history opened their doors. Mississippi College and Career Ready Standards and Testing:- MSF provided resources and advocacy tools for members of the public to take action and support the implementation of the state standards in Mississippi.- MSF organized teachers around the need for high-quality educational standards, created a document that was then submitted to the standards review committee. All changes produced by the teachers organized by MSF were adopted. - MSF hosted a Teacher Talk at the Capitol with selected legislators about the Mississippi educational standards and their role during the legislative session. - MSF continued to work with the Educator Leadership Council in order to build a network of teachers who support the standards.- MSF successfully lobbied for the standards to remain the same.- Worked with selected school districts to complete a testing audit to gain an understanding of what testing looks like across districts.Sex Ed and Teen Health:- MSF launched the 2nd year of the Mississippi Youth Council in partnership with Advocates for Youth. A student council made up of 10 students from around Mississippi, the Council raises awareness among youth about the need for STI and pregnancy prevention efforts for themselves and other young people in Mississippi and advocates for comprehensive sex education in Mississippi public schools and other policy priorities.- MSF received a CDC grant that allowed expansion of teen health work. An office was opened Clarksdale, MS, and will serve Coahoma, Tunica, and Quitman County. In June, MSF had a formal celebration of the launch of Focus 4 Teens and a new program coordinator and two contractors to oversee the project were hired.- MSF continued to work with the Youth Advisory Co
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0838382
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08450
IRS990/FeesForServicesAccountingGrp/TotalAmt08450
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt019348
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0289562
IRS990/FeesForServicesOtherGrp/TotalAmt0308910
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt54550
IRS990/Form990PartVIISectionAGrp/PersonNm0Mary Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm1Dr Marty Wiseman
IRS990/Form990PartVIISectionAGrp/PersonNm2Matt Bengloff
IRS990/Form990PartVIISectionAGrp/PersonNm3Maggie Middleton
IRS990/Form990PartVIISectionAGrp/PersonNm4MacKenzie S Hines
IRS990/Form990PartVIISectionAGrp/PersonNm5Rachel Canter
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt452851
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt575000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Executive Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0967822
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06791
IRS990/InformationTechnologyGrp/TotalAmt06791
IRS990/InsuranceGrp/ManagementAndGeneralAmt0948
IRS990/InsuranceGrp/TotalAmt0948
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt023734
IRS990/LandBldgEquipBasisNetGrp/BOYAmt026788
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017776
IRS990/LandBldgEquipCostOrOtherBssAmt041510
IRS990/LegalDomicileStateCd0MS
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Mississippi First champions transformative policy solutions ensuring educational excellence for every Misssissippi child.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0451972
IRS990/NetAssetsOrFundBalancesEOYAmt0482433
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0375
IRS990/OccupancyGrp/ManagementAndGeneralAmt0749
IRS990/OccupancyGrp/ProgramServicesAmt017602
IRS990/OccupancyGrp/TotalAmt018726
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012763
IRS990/OfficeExpensesGrp/ProgramServicesAmt015254
IRS990/OfficeExpensesGrp/TotalAmt028017
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0580
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021188
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027243
IRS990/OtherEmployeeBenefitsGrp/TotalAmt049011
IRS990/OtherExpensesGrp/Desc0Fees
IRS990/OtherExpensesGrp/Desc1Communication and Media
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0225
IRS990/OtherExpensesGrp/ProgramServicesAmt071
IRS990/OtherExpensesGrp/TotalAmt0225
IRS990/OtherExpensesGrp/TotalAmt171
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous income
IRS990/OtherRevenueMiscGrp/ExclusionAmt0259
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0259
IRS990/OtherRevenueTotalAmt0259
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05756
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011513
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0270546
IRS990/OtherSalariesAndWagesGrp/TotalAmt0287815
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0648
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01297
IRS990/PayrollTaxesGrp/ProgramServicesAmt030479
IRS990/PayrollTaxesGrp/TotalAmt032424
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Rachel Canter
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0337746
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0232846
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-271123
IRS990/PYSalariesCompEmpBnftPaidAmt0376023
IRS990/PYTotalExpensesAmt0608869
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0337746
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt030461
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0967563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0337746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01004692
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0205770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02527935
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0259
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0259
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74050
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01872127
IRS990ScheduleA/SubstantialContributorsTotAmt0655808
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0967563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0337746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01004692
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0205770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012164
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02527935
IRS990ScheduleA/TotalSupportAmt02528194
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
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus1Amt0232
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt0232
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt041401
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt029083
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt070484
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt0165604
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt0116331
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0281935
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt020149
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt023379
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt043528
IRS990ScheduleC/GrassrootsCeilingAmt0105726
IRS990ScheduleC/GrassrootsNontaxableGrp/FilingOrganizationsTotalAmt041401
IRS990ScheduleC/LobbyingCeilingAmt0422903
IRS990ScheduleC/LobbyingNontaxableAmountGrp/FilingOrganizationsTotalAmt0165604
IRS990ScheduleC/OtherExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0917212
IRS990ScheduleC/TotalDirectLobbyingGrp/FilingOrganizationsTotalAmt020149
IRS990ScheduleC/TotalExemptPurposeExpendGrp/FilingOrganizationsTotalAmt0937361
IRS990ScheduleC/TotalGrassrootsLobbyingGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotalLobbyingExpendGrp/FilingOrganizationsTotalAmt020149
IRS990ScheduleC/TotLbbyExpendMnsLbbyngNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleC/TotLbbyngGrassrootMnsNonTxGrp/FilingOrganizationsTotalAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt017776
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023734
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041510
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0937361
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0967822
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017776
IRS990ScheduleD/TotalExpensesPerForm990Amt0937361
IRS990ScheduleD/TotalRevenuePerForm990Amt0967822
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0967822
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0937361
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors receives a copy of the tax return and any questions regarding the return are directed to the CPA who prepares the return. All questions are answered prior to filing Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The conflict of interest policy is provided to all board members annually. The board members are required to complete and sign the form annually. The conflict of interest form asks the board members to list all of their relevant organizational and personal affiliations. The board then discusses whether different situations give rise to the level of creating a conflict of interest which would require recusal of board members from discussions or decisions as per the conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The executive director's compensation is reviewed and adjusted by the Board of Directors. Before determining any salary adjustment the board considers experience with the organization, background and other professional experience. The board also utilized salary surveys to obtain the median salaries for education nonprofit executive directors in the area and nationally and reviewed various other nonprofit organization's compensation via various websites available.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, conflict of interest statements and finanical statements are available for public inspection upon request being made to the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Administrative services: Program service expenses 289,562. Management and general expenses 19,348. Fundraising expenses 0. Total expenses 308,910.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The 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 closely with the Board of Directors during the year should any concerns arise.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, 2c
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MS
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0377833
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0425017
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0497147
IRS990/TotalAssetsEOYAmt0596445
IRS990/TotalAssetsGrp/BOYAmt0497147
IRS990/TotalAssetsGrp/EOYAmt0596445
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0967563
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010142
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt088837
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0838382
IRS990/TotalFunctionalExpensesGrp/TotalAmt0937361
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045175
IRS990/TotalLiabilitiesEOYAmt0114012
IRS990/TotalLiabilitiesGrp/BOYAmt045175
IRS990/TotalLiabilitiesGrp/EOYAmt0114012
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0451972
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0482433
IRS990/TotalOtherCompensationAmt04550
IRS990/TotalProgramServiceExpensesAmt0838382
IRS990/TotalReportableCompFromOrgAmt0127851
IRS990/TotalRevenueGrp/ExclusionAmt0259
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0967822
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0497147
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0596445
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt074139
IRS990/UnrestrictedNetAssetsGrp/EOYAmt057416
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 1159
IRS990/USAddress/CityNm0Jackson
IRS990/USAddress/StateAbbreviationCd0MS
IRS990/USAddress/ZIPCd0392151159
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.mississippifirst.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Rachel Canter
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06013989008
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mississippi First Inc
ReturnHeader/Filer/BusinessNameControlTxt0MISS
ReturnHeader/Filer/EIN0800310153
ReturnHeader/Filer/PhoneNum06013989008
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1159
ReturnHeader/Filer/USAddress/CityNm0Jackson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
ReturnHeader/Filer/USAddress/ZIPCd0392151159
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640897081
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Matthews Cutrer & Lindsay PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0599C Steed Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Ridgeland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039157
ReturnHeader/PreparerPersonGrp/PhoneNum06018988875
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Charles R Lindsay CPA
ReturnHeader/ReturnTs02016-11-07T08:55:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$596,445
Liabilities
$114,012
Net assets
$482,433
Revenue
$967,822
Expenses
$937,361
Net income
$30,461
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$0.30$4.83$1.00$2.88$1.88
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$0.24$6.72$0.47$2.42$1.95
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.77$0.10$8.67$8.80$0.76$8.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.02$0.63$1.02$0.93$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.07$0.50$1.24$1.15$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.01$0.41$1.48$1.87$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.07$0.80$1.35$1.46$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.06$0.91$1.94$1.51$0.43
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.11$0.48$0.97$0.94$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.05$0.45$0.34$0.61$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.72$1.00$0.46$0.55
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.03