Civic Intelligence

Mpb Foundation

990 • Fiscal year 2025 • EIN 81-3063377

Jul 01, 2024 to Jun 30, 2025 • Filed on May 15, 2026

3825 Ridgewood RoadJackson, MS 39211

(601) 432-6565

Siviq Scores

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

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

39th percentile

0.04x

Higher debt load relative to revenue than 39% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

79th percentile

25%

Higher net margin than 79% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

81st percentile

$136,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

58th percentile

10%

Faster revenue growth than 58% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$4,441,000

Up $637,919 (+17%) from 2024

Net Assets

Up

$4,342,543

Up $641,800 (+17%) from 2024

Liabilities

Down

$98,457

Down $3,881 (-3.8%) from 2024

Revenue

Up

$2,603,876

Up $239,532 (+10%) from 2024

Expenses

Up

$1,962,076

Up $8,403 (+0.4%) from 2024

Net Income

Up

$641,800

Up $231,129 (+56%) from 2024

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $1,791,175Liabilities 2017: $47,072Net Assets 2017: $1,744,1032017Assets 2018: $1,857,051Liabilities 2018: $236,666Net Assets 2018: $1,620,3852018Assets 2019: $1,966,759Liabilities 2019: $195,302Net Assets 2019: $1,771,4572019Assets 2020: $2,237,634Liabilities 2020: $132,240Net Assets 2020: $2,105,3942020Assets 2021: $2,641,017Liabilities 2021: $110,532Net Assets 2021: $2,530,4852021Assets 2022: $2,987,587Liabilities 2022: $82,930Net Assets 2022: $2,904,6572022Assets 2023: $3,405,716Liabilities 2023: $122,416Net Assets 2023: $3,283,3002023Assets 2024: $3,803,081Liabilities 2024: $102,338Net Assets 2024: $3,700,7432024Assets 2025: $4,441,000Liabilities 2025: $98,457Net Assets 2025: $4,342,5432025

Highlighted filing

2025

Assets$4,441,000
Liabilities$98,457
Net Assets$4,342,543

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $2,663,123Expenses 2017: $954,156Net Income 2017: $1,708,9672017Revenue 2018: $1,627,308Expenses 2018: $1,770,441Net Income 2018: -$143,1332018Revenue 2019: $1,858,223Expenses 2019: $1,675,378Net Income 2019: $182,8452019Revenue 2020: $1,942,612Expenses 2020: $1,545,432Net Income 2020: $397,1802020Revenue 2021: $1,956,695Expenses 2021: $1,792,640Net Income 2021: $164,0552021Revenue 2022: $1,895,017Expenses 2022: $1,520,845Net Income 2022: $374,1722022Revenue 2023: $2,132,267Expenses 2023: $1,753,624Net Income 2023: $378,6432023Revenue 2024: $2,364,344Expenses 2024: $1,953,673Net Income 2024: $410,6712024Revenue 2025: $2,603,876Expenses 2025: $1,962,076Net Income 2025: $641,8002025

Highlighted filing

2025

Revenue$2,603,876
Expenses$1,962,076
Net Income$641,800
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
May 15, 2026
Return Version
2024v5.2
Gross Receipts
$2,603,876
Mission and Program Overview

Mission

Support of educational public broadcasting in mississippi, via support to ms authority for educational television (doing business as mississippi public broadcasting, "mpb")

The MPB Foundation is organized exclusively to provide services and resources for the benefit of, to perform functions of, or to carry out the purposes of the Mississippi Authority for Educational Television, which does business as Mississippi Public Broadcasting (MPB), and is tax-exempt as a state agency created by the Mississippi Legislature. The MPB Foundation is formed to solicit, receive, invest, and expend privately donated, non-state appropriated funds for educational and charitable purposes related to support, promotion, development and growth of educational and public broadcasting in Mississippi.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,329,981$2,696,730▲ $366,749
Pledges and Grants Receivable$148,106$201,321▲ $53,215
Land, Buildings, and Equipment, Net$24,451$26,042▲ $1,591
Prepaid Expenses and Deferred Charges$17,174$24,404▲ $7,230
Total Assets$3,803,081$4,441,000▲ $637,919
Other Assets Total$1,283,369$1,492,503▲ $209,134
Liabilities
Accounts Payable and Accrued Expenses$68,445$65,707▼ $2,738
Deferred Revenue$33,893$32,750▼ $1,143
Total Liabilities$102,338$98,457▼ $3,881
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,692,743$2,859,865▼ $832,878
Net Assets With Donor Restrictions$8,000$1,482,678▲ $1,474,678
Total Net Assets Fund Balance$3,700,743$4,342,543▲ $641,800
Total Liabilities and Net Assets / Fund Balance$3,803,081$4,441,000▲ $637,919

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,042$22,579$48,621
Other Assets Org$9,825--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$1,274,858$75,260▲ $146,531-$1,482,678
2024$1,150,351$0▲ $137,310-$1,274,858
2023$1,019,258$0▲ $143,302-$1,150,351
2022$1,186,270$0▼ $161,290-$1,019,258
2021$882,299$0▲ $313,747-$1,186,270
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Angela C FerraezExecutive DirectorFT$136,000$136,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Contributor Development PartnershipSoftware And Marketing ServicesPO BOX 412299, Boston, MA 02241-2299$388,047
Revenue and Support

Revenue Composition

Contributions and Grants
$2,069,025
Program Service Revenue
$232,691
Investment Income
$299,352
Other Revenue
$2,808
All Other Contributions
$2,069,025
Change in Net Assets
$641,800

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,603,876
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,603,876
Total Revenue per Form 990
$2,603,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$1,027,096
Other Expenses$902,363
Grants and Similar Amounts Paid$630,118
Salaries, Compensation, and Employee Benefits$429,595
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$630,118--$630,118
Other Salaries and Wages--$236,691$236,691
All Other Expenses$24,875$11,250$165,238$201,363
Current Officers, Directors, Trustees, and Key Employees--$136,000$136,000
Travel$27,667-$43,599$71,266
Fees for Services Lobbying$69,940--$69,940
Other Expenses$24,367$147$33,071$57,585
Fees for Services Accounting-$30,877-$30,877
Other Employee Benefits--$29,054$29,054
Payroll Taxes--$27,850$27,850
Insurance-$7,408$10,000$17,408
Office Expenses$6,423$411$6,489$13,323
Advertising$145-$10,878$11,023
Conferences and Meetings$26-$7,345$7,371
Depreciation Depletion$319$1,003$5,125$6,447
Total Functional Expenses$883,884$51,096$1,027,096$1,962,076

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,962,076
Total Expenses per Audited Statements$1,962,076
Total Expenses per Form 990$1,962,076
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mississippi Authority for Educational TelevisionJackson, MSN/aEducational Broadcasting$630,118
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 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, Part VI, Section B, line 11B

A draft of the Form 990 is presented to the Finance Committee for review and approval. The draft is then presented to the Board of Directors for review and approval prior to filing.

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

The Board of Directors report any conflicts of interest annually. The Foundation's conflict of interest policy is enforced by reviewing new contracts, relationships, and transactions for any conflicts of interest prior to approval.

Form 990, Part VI, Section B, line 15

The Chairman of the Board of Directors appoints a formal committee to research industry standards and market conditions to propose the Executive Director's compensation. The Executive Director's compensation is approved by the Board of Directors.

Form 990, Part VI, Section C, line 18

The Foundation's Form 990 is available to the public upon request to the Foundation.

Form 990, Part VI, Section C, line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request to the Organization.

Filing and Contact Details

Filer

Filer Name
Mpb Foundation
EIN
81-3063377
Phone
6014326565
Address
3825 RIDGEWOOD ROAD, JACKSON, MS 39211

Signing Officer

Name
Angela Ferraez
Title
Executive Director
Phone
6014326565
Signed
2026-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Ferraez
Formed
2016
Legal Domicile
Ms
Voting Board Members
22
Independent Board Members
22
Employees
7
Volunteers
0

Preparer

Firm
Rea Shaw Giffin & Stuart Llp
Address
2415 9th St, Meridian, MS 39301
Preparer
O K Evans
Phone
6016932841
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

BANK AND OTHER SERVICE FEES: Program service expenses 0. Management and general expenses 0. Fundraising expenses 55,931. Total expenses 55,931. DIRECT MAIL: Program service expenses 0. Management and general expenses 0. Fundraising expenses 51,728. Total expenses 51,728. MISCELLANEOUS: Program service expenses 13,110. Management and general expenses 0. Fundraising expenses 16,907. Total expenses 30,017. SPECIAL EVENTS: Program service expenses 10,832. Management and general expenses 0. Fundraising expenses 18,624. Total expenses 29,456. CONTRACT SERVICES-GRAVITY: Program service expenses 0. Management and general expenses 0. Fundraising expenses 22,275. Total expenses 22,275. CONTRACT SERVICES-ACD: Program service expenses 0. Management and general expenses 0. Fundraising expenses 18,658. Total expenses 18,658. CONTRACT SERVICES-OTHER: Program service expenses 0. Management and general expenses 0. Fundraising expenses 11,852. Total expenses 11,852. AUDITING AND TAX: Program service expenses 0. Management and general expenses 10,500. Fundraising expenses 0. Total expenses 10,500. CONTRACT SERVICES-TRAC MEDIA: Program service expenses 0. Management and general expenses 0. Fundraising expenses 8,770. Total expenses 8,770. CONTRACT SERVICES-GIVING DOCS: Program service expenses 0. Management and general expenses 0. Fundraising expenses 8,382. Total expenses 8,382. DUES, SUBSCRIPTIONS, AND FEES: Program service expenses 933. Management and general expenses 0. Fundraising expenses 2,920. Total expenses 3,853. WEBSITE: Program service expenses 0. Management and general expenses 0. Fundraising expenses 3,163. Total expenses 3,163. CONTRACT SERVICES-DOUBLE THE DONATION: Program service expenses 0. Management and general expenses 0. Fundraising expenses 2,500. Total expenses 2,500. DONATED RENT: Program service expenses 0. Management and general expenses 750. Fundraising expenses 0. Total expenses 750. CHANGE IN CASH VALUE OF LIFE INSURANCE: Program service expenses 0. Management and general expenses 0. Fundraising expenses -1,314. Total expenses -1,314. BAD DEBTS: Program service expenses 0. Management and general expenses 0. Fundraising expenses -55,158. Total expenses -55,158.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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