Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Why Initiative Inc.
990EZ • Fiscal year 2023 • EIN 82-2075398
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.01x
Liabilities / Revenue
61st percentile
Higher debt load relative to revenue than 61% of similar nonprofits.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 20.3% of source-year revenue.
Asset Growth
37th percentile
Faster asset growth than 37% of similar nonprofits.
Revenue Growth
27th percentile
Faster revenue growth than 27% of similar nonprofits.
Balance Sheet
Assets
Down$27,173
Down $1,605 (-5.6%) from 2022
Net Assets
Up$26,989
Up $6,942 (+35%) from 2022
Liabilities
Down$184
Down $8,547 (-98%) from 2022
Revenue And Expenses
Revenue
Down$77,724
Down $16,448 (-17%) from 2022
Expenses
Down$70,782
Down $23,507 (-25%) from 2022
Net Income
Up$6,942
Up $7,059 (+6033%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Apr 23, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $77,724
Mission and Program Overview
Mission
To positively address educate coordinate and provide support to youth families school businesses and ultimately communities. The purpose of the organization is to encourage and equip area youth to build healthy relationships develop passions contribute to community and grow personally.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Building Farm Success 2 Project The major benefits to participating in this Business Farm Success 2 project are that socially disadvantaged farmers and ranchers women veterans and youth will gain a thorough understanding of how to start a farming ranching business develop comprehensive business farm and marketing plans efficiently manage a farm and develop relationships and receive assistance from the network of agencies that offer small farm programs and services in Mississippi. | $75,154 | $68,222 |
| Management services | $2,570 | $2,570 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Candace Mayes | Executive Director | PT | $15,750 | - | $15,750 |
| Torrey Moore | Board President | - | $0 | - | - |
| Calicia Hobbs | Vice President | - | $0 | - | - |
| Ramonica Lewis | Treasurer | - | $0 | - | - |
| Tracey Phillips | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Why Initiative Inc
- EIN
- 82-2075398
- In Care Of
- % Candace Mayes
- Address
- 2659 LIVINGSTON RD, JACKSON, MS 39213-6926
Signing Officer
- Name
- Candace Mayes
- Title
- Executive Director
- Signed
- 2024-04-23
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Candace Mayes
Supplemental Narrative
Additional Explanations
Part I, line 16
“| Other Expenses:, Amount:| Computer Software printers, $1700.00| Informational Tech Services, $435.00| Job Supplies, $5294.00| Office Supplies, $2056.00| Meals, $3386.00| Training Supplies Booklets, $796.00| Travel, $12911.00| Licenses, $111.00| Land Rental, $5400.00| Bank Charge, $18.00|”
Part II, line 24
“| Asset Name:, BOY Amount:, EOY Amount:| Organization's share of assets, $7869, 0|”
Part II, line 26
“| Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $8731, $184|”
Raw XML Appendix183 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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| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7692185319 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2659 Livingston Rd |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Jackson |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MS |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 39213 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 20909 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 27173 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 77724 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 38675 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 28778 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 27173 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 77724 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 20047 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 26989 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 20047 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 26989 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Torrey Moore |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Calicia Hobbs |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Ramonica Lewis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Tracey Phillips |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Candace Mayes |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Board President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Executive Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 7869 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 32107 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To positively address educate coordinate and provide support to youth families school businesses and ultimately communities. The purpose of the organization is to encourage and equip area youth to build healthy relationships develop passions contribute to community and grow personally. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Building Farm Success 2 Project The major benefits to participating in this Business Farm Success 2 project are that socially disadvantaged farmers and ranchers women veterans and youth will gain a thorough understanding of how to start a farming ranching business develop comprehensive business farm and marketing plans efficiently manage a farm and develop relationships and receive assistance from the network of agencies that offer small farm programs and services in Mississippi. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Management services |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 75154 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 2570 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 68222 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 2570 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MS |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 8731 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 184 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 70782 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 70792 |
| IRS990EZ/TotalRevenueAmt | 0 | 77724 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 77724 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 94172 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 36243 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 208139 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.00 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 208139 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
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| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 77724 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 94172 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 36243 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 208139 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 208139 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Expenses:, Amount:| Computer Software printers, $1700.00| Informational Tech Services, $435.00| Job Supplies, $5294.00| Office Supplies, $2056.00| Meals, $3386.00| Training Supplies Booklets, $796.00| Travel, $12911.00| Licenses, $111.00| Land Rental, $5400.00| Bank Charge, $18.00| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Asset Name:, BOY Amount:, EOY Amount:| Organization's share of assets, $7869, 0| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | | Liabilities Name:, BOY Amount:, EOY Amount:| Accounts Payable, $8731, $184| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II, line 26 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Candace Mayes |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-04-23 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WHY INITIATIVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WHYI |
| ReturnHeader/Filer/EIN | 0 | 822075398 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 7692185319 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Candace Mayes |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2659 LIVINGSTON RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | JACKSON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MS |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 392136926 |
| ReturnHeader/PreparerPersonGrp/ForeignPhoneNum | 0 | 7692185319 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-04-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Candace Mayes |
| ReturnHeader/ReturnTs | 0 | 2024-04-23T06:51:40-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $27,173
- Liabilities
- $184
- Net assets
- $26,989
- Revenue
- $77,724
- Expenses
- $70,782
- Net income
- $6,942
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $37.8 | $6.83 | $31.0 | $42.8 | $38.8 | $4.01 |
| 2023Detailed filing. Detailed filing data is available for this year. | $27.2 | $0.18 | $27.0 | $77.7 | $70.8 | $6.94 |
| 2022Detailed filing. Detailed filing data is available for this year. | $28.8 | $8.73 | $20.0 | $94.2 | $94.3 | $0.12 |