Civic Intelligence

Better Mississippi LLC

EIN 81-0758449 • 501(c)4 • Jackson, MS

Profile

The primary purpose for which better mississippi, llc was formed was to promote the common good and general welfare of the state of mississippi and all mississippians by organizing, planning and implementing the inauguration related activities for the lieutenant governor-elect of the state of mississippi, including without limitation preparations for the lieutenant governor-elect to carry out his official duties immediately upon formal assumption of such official ceremonial and civic events associated therewith.

200 North Congress Street No 500Jackson, MS 39201

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

90th percentile

41%

Higher net margin than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Balance Sheet
Liabilities / Assets59th percentile

Assets

$125,965

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$125,965

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin90th percentile

Revenue

$306,500

No earlier filing loaded for comparison.

Expenses

$180,535

No earlier filing loaded for comparison.

Net Income

$125,965

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2016: $125,965Liabilities 2016: $0Net Assets 2016: $125,9652016

Highlighted filing

2016

Assets$125,965
Liabilities$0
Net Assets$125,965
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0Revenue 2016: $306,500Expenses 2016: $180,535Net Income 2016: $125,9652016

Highlighted filing

2016

Revenue$306,500
Expenses$180,535
Net Income$125,965
Open 2016 Filing

Filings

Most recent year

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

Open filing
Assets
$125,965
Liabilities
$0
Net assets
$125,965
Revenue
$306,500
Expenses
$180,535
Net income
$125,965
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$3.07$1.81$1.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2015 to Nov 30, 2016
Signed
Oct 16, 2017
Return Version
2015v3.0
Gross Receipts
$306,500
Mission and Program Overview

Mission

The primary purpose for which better mississippi, llc was formed was to promote the common good and general welfare of the state of mississippi and all mississippians by organizing, planning and implementing the inauguration related activities for the lieutenant governor-elect of the state of mississippi, including without limitation preparations for the lieutenant governor-elect to carry out his official duties immediately upon formal assumption of such official ceremonial and civic events associated therewith.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$125,965-
Rtn Earn Endowment Incm Other Fnds$0$125,965▲ $125,965
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$125,965▲ $125,965
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$125,965▲ $125,965
Total Liabilities and Net Assets / Fund Balance$0$125,965▲ $125,965
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Justin BrasellChairman and Board Member
Spence FlatgardTreasurer and Board Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$306,500
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$125,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,828
Grants and Similar Amounts Paid$22,000
Salaries, Compensation, and Employee Benefits$20,619
Professional Fundraising Fees$20,088
Total Fundraising Expense$20,088

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$22,000--$22,000
Other Salaries and Wages$20,619--$20,619
Fees for Services Professional Fundraising--$20,088$20,088
All Other Expenses$12,711$478-$13,189
Fees for Services Legal-$9,269-$9,269
Other Expenses$5,641--$5,641
Fees for Services Accounting-$2,941-$2,941
Total Functional Expenses$147,759$12,688$20,088$180,535
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Foundation for Mississippi HistoryJackson, MS501(c)(3)General Support$22,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$20,088
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Justin BrassellDirectorFundraising for Inauguration Events & Event ManagementNo$20,088
Spence FlatgardDirectorLegal Fees for Entity Organization and RegistrationNo$9,269
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 8A

“Formal minutes were not taken but notes and emails from planning meetings document the meetings held and actions undertaken during the year.”

Form 990, Part VI, Section A, Line 8B

“The organization does not maintain multiple committees that have the authority to act on behalf of the organization.”

Form 990, Part VI, Section B, Line 11

“The organization's cpa prepares the form 990 and submits it to the board for its review and approval prior to filing the form.”

Form 990, Part VI, Section C, Line 19

“All records are available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Better Mississippi LLC
EIN
81-0758449
Phone
6019486020
Address
200 NORTH CONGRESS STREET NO 500, JACKSON, MS 39201

Signing Officer

Name
Spence Flatgard
Title
Member
Phone
6019486020
Signed
2017-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Spence Flatgard
Formed
2015
Legal Domicile
Ms
Voting Board Members
2
Independent Board Members
2
Employees
1
Volunteers
15

Preparer

Firm
Haddox Reid Eubank Betts Pllc
Address
188 EAST CAPITOL STREET STE 500, JACKSON, MS 39201
Preparer
Ted B Edwards CPA
Phone
6019482924
Raw XML Appendix294 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.

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ReturnHeader/ReturnTs02017-10-16T17:04:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-12-01
ReturnHeader/TaxPeriodEndDt02016-11-30
ReturnHeader/TaxYr02015

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