Civic Intelligence

Kces Public Benefit Corporation

EIN 92-1186970 • 501(c)3 • Dekalb, MS

Profile

The mission of kces public benefit corporation is to exercise the following powers: (a) engage, or otherwise participate, in financing activities which will further the education mission of the kemper county school district in connection with the (i) acquisition of a leasehold interest in certain real property located at 174 willow avenue, de kalb, mississippi 39328 (the "land"), (ii) construction and development of a new elementary school located on the land (the "improvements- and, together with the land, the "property"), and (iii) leasing of the property to the school district for operation (collectively, (i) through (iii) are referred to herein as, the "nmtc project"); (b) engage in borrowing, and related dealings, in connection with the nmtc project; (c) purchase, lease or otherwise acquire ownership or the right to use certain property for the nmtc project; and (d) participate as a "qualified active low-income community business" (as such term is defined in section 45d of the cod

174 Willow AvenueDekalb, MS 39328
Siviq Scores

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

Liabilities / Assets

83rd percentile

0.67x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

99th percentile

97.56x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

37th percentile

0.8%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$20,244,518

Up $154,440 (+0.8%) from 2024

Liabilities

Up

$13,606,820

Up $14,974 (+0.1%) from 2024

Net Assets

Up

$6,637,698

Up $139,466 (+2.1%) from 2024

Revenue

Down

$139,466

Down $6,360,147 (-98%) from 2024

Expenses

Flat

$0

Flat from 2024

Net Income

Down

$139,466

Down $6,360,147 (-98%) from 2024

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2024: $20,090,078Liabilities 2024: $13,591,846Net Assets 2024: $6,498,2322024Assets 2025: $20,244,518Liabilities 2025: $13,606,820Net Assets 2025: $6,637,6982025

Highlighted filing

2025

Assets$20,244,518
Liabilities$13,606,820
Net Assets$6,637,698

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2024: $6,499,613Expenses 2024: $0Net Income 2024: $6,499,6132024Revenue 2025: $139,466Expenses 2025: $0Net Income 2025: $139,4662025

Highlighted filing

2025

Revenue$139,466
Expenses$0
Net Income$139,466

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 17, 2025
Return Version
2024v5.0
Gross Receipts
$805,752
Mission and Program Overview

Mission

The mission of kces public benefit corporation is to exercise the following powers: (a) engage, or otherwise participate, in financing activities which will further the education mission of the kemper county school district in connection with the (i) acquisition of a leasehold interest in certain real property located at 174 willow avenue, de kalb, mississippi 39328 (the "land"), (ii) construction and development of a new elementary school located on the land (the "improvements- and, together with the land, the "property"), and (iii) leasing of the property to the school district for operation (collectively, (i) through (iii) are referred to herein as, the "nmtc project"); (b) engage in borrowing, and related dealings, in connection with the nmtc project; (c) purchase, lease or otherwise acquire ownership or the right to use certain property for the nmtc project; and (d) participate as a "qualified active low-income community business" (as such term is defined in section 45d of the cod

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,433,999$19,137,616▼ $296,383
Accounts Receivable$242,000$726,000▲ $484,000
Cash and Non-Interest-Bearing Accounts$7,980$23,940▲ $15,960
Total Assets$20,090,078$20,244,518▲ $154,440
Other Assets Total$406,099$356,962▼ $49,137
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,582,246$13,597,220▲ $14,974
Accounts Payable and Accrued Expenses$9,600$9,600→ $0
Total Liabilities$13,591,846$13,606,820▲ $14,974
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,498,232$6,637,698▲ $139,466
Total Net Assets Fund Balance$6,498,232$6,637,698▲ $139,466
Total Liabilities and Net Assets / Fund Balance$20,090,078$20,244,518▲ $154,440
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kameko HollidayPresident
Tammy CrossSecretary
Jeri CawthornTreasurer
James GrangerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$201,752
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-62,286
All Other Contributions
$201,752
Change in Net Assets
$139,466

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$201,752Cost
Total Noncash Contributions1$201,752-

Audited Revenue Reconciliation

Revenue per Audited Statements
$139,466
Total Revenue per Audited Statements
$139,466
Total Revenue per Form 990
$139,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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, Page 6, Part VI, Line 11B

The form 990 was prepared by a cpa from financial statements audited by a cpa. Upon preparation it was provided to the organization who reviewed and accepted the tax return.

Form 990, Page 6, Part VI, Line 19

On file at the school district and available upon request.

Filing and Contact Details

Filer

Filer Name
Kces Public Benefit Corporation
EIN
92-1186970
Phone
6017432657
Address
174 WILLOW AVENUE, DEKALB, MS 39328

Signing Officer

Name
Kameko Holliday
Title
President
Phone
6017432657
Signed
2025-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kameko Holliday
Formed
2022
Legal Domicile
Ms
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Watkins Ward and Stafford Pllc
Address
PO BOX 583, PHILADELPHIA, MS 39350
Preparer
Marsha L Mcdonald CPA
Phone
6016564252
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of kces public benefit corporation is to exercise the following powers: (a) engage, or otherwise participate, in financing activities which will further the education mission of the kemper county school district in connection with the (i) acquisition of a leasehold interest in certain real property located at 174 willow avenue, de kalb, mississippi 39328 (the "land"), (ii) construction and development of a new elementary school located on the land (the "improvements- and, together with the land, the "property"), and (iii) leasing of the property to the school district for operation (collectively, (i) through (iii) are referred to herein as, the "nmtc project"); (b) engage in borrowing, and related dealings, in connection with the nmtc project; (c) purchase, lease or otherwise acquire ownership or the right to use certain property for the nmtc project; and (d) participate as a "qualified active low-income community business" (as such term is defined in section 45d of the code) and serve as a borrower in a financing in accordance with the nmtc requirements (as defined in section 4 of this article xvi).

Form 990, Page 2, Part III, Line 4A

(a) engage, or otherwise participate, in financing activities which will further the education mission of the school district in connection with the (i) acquisition of a leasehold interest in certain real property located at 174 willow avenue, de kalb, mississippi 39328 (the "land"), (ii) construction and development of a new elementary school located on the land (the "improvements- and, together with the land, the "property"), and (iii) leasing of the property to the school district for operation (collectively, (i) through (iii) are referred to herein as, the "nmtc project"); (b) engage in borrowing, and related dealings, in connection with the nmtc project; (c) purchase, lease or otherwise acquire ownership or the right to use certain property for the nmtc project; and (d) participate as a "qualified active low-income community business" (as such term is defined in section 45d of the code) and serve as a borrower in a financing in accordance with the nmtc requirements (as defined in section 4 of this article xvi).

Form 990, Page 2, Part III, Line 4D

(a) engage, or otherwise participate, in financing activities which will further the education mission of the school district in connection with the (i) acquisition of a leasehold interest in certain real property located at 174 willow avenue, de kalb, mississippi 39328 (the "land"), (ii) construction and development of a new elementary school located on the land (the "improvements- and, together with the land, the "property"), and (iii) leasing of the property to the school district for operation (collectively, (i) through (iii) are referred to herein as, the "nmtc project"); (b) engage in borrowing, and related dealings, in connection with the nmtc project; (c) purchase, lease or otherwise acquire ownership or the right to use certain property for the nmtc project; and (d) participate as a "qualified active low-income community business" (as such term is defined in section 45d of the code) and serve as a borrower in a financing in accordance with the nmtc requirements (as defined in section 4 of this article xvi).

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IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt0201752
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF KCES PUBLIC BENEFIT CORPORATION IS TO EXERCISE THE FOLLOWING POWERS: (A) ENGAGE, OR OTHERWISE PARTICIPATE, IN FINANCING ACTIVITIES WHICH WILL FURTHER THE EDUCATION MISSION OF THE KEMPER COUNTY SCHOOL DISTRICT IN CONNECTION WITH THE (I) ACQUISITION OF A LEASEHOLD INTEREST IN CERTAIN REAL PROPERTY LOCATED AT 174 WILLOW AVENUE, DE KALB, MISSISSIPPI 39328 (THE "LAND"), (II) CONSTRUCTION AND DEVELOPMENT OF A NEW ELEMENTARY SCHOOL LOCATED ON THE LAND (THE "IMPROVEMENTS- AND, TOGETHER WITH THE LAND, THE "PROPERTY"), AND (III) LEASING OF THE PROPERTY TO THE SCHOOL DISTRICT FOR OPERATION (COLLECTIVELY, (I) THROUGH (III) ARE REFERRED TO HEREIN AS, THE "NMTC PROJECT"); (B) ENGAGE IN BORROWING, AND RELATED DEALINGS, IN CONNECTION WITH THE NMTC PROJECT; (C) PURCHASE, LEASE OR OTHERWISE ACQUIRE OWNERSHIP OR THE RIGHT TO USE CERTAIN PROPERTY FOR THE NMTC PROJECT; AND (D) PARTICIPATE AS A "QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS" (AS SUCH TERM IS DEFINED IN SECTION 45D OF THE CODE) AND SERVE AS A BORROWER IN A FINANCING IN ACCORDANCE WITH THE NMTC REQUIREMENTS (AS DEFINED IN SECTION 4 OF THIS ARTICLE XVI).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1(A) ENGAGE, OR OTHERWISE PARTICIPATE, IN FINANCING ACTIVITIES WHICH WILL FURTHER THE EDUCATION MISSION OF THE SCHOOL DISTRICT IN CONNECTION WITH THE (I) ACQUISITION OF A LEASEHOLD INTEREST IN CERTAIN REAL PROPERTY LOCATED AT 174 WILLOW AVENUE, DE KALB, MISSISSIPPI 39328 (THE "LAND"), (II) CONSTRUCTION AND DEVELOPMENT OF A NEW ELEMENTARY SCHOOL LOCATED ON THE LAND (THE "IMPROVEMENTS- AND, TOGETHER WITH THE LAND, THE "PROPERTY"), AND (III) LEASING OF THE PROPERTY TO THE SCHOOL DISTRICT FOR OPERATION (COLLECTIVELY, (I) THROUGH (III) ARE REFERRED TO HEREIN AS, THE "NMTC PROJECT"); (B) ENGAGE IN BORROWING, AND RELATED DEALINGS, IN CONNECTION WITH THE NMTC PROJECT; (C) PURCHASE, LEASE OR OTHERWISE ACQUIRE OWNERSHIP OR THE RIGHT TO USE CERTAIN PROPERTY FOR THE NMTC PROJECT; AND (D) PARTICIPATE AS A "QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS" (AS SUCH TERM IS DEFINED IN SECTION 45D OF THE CODE) AND SERVE AS A BORROWER IN A FINANCING IN ACCORDANCE WITH THE NMTC REQUIREMENTS (AS DEFINED IN SECTION 4 OF THIS ARTICLE XVI).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2(A) ENGAGE, OR OTHERWISE PARTICIPATE, IN FINANCING ACTIVITIES WHICH WILL FURTHER THE EDUCATION MISSION OF THE SCHOOL DISTRICT IN CONNECTION WITH THE (I) ACQUISITION OF A LEASEHOLD INTEREST IN CERTAIN REAL PROPERTY LOCATED AT 174 WILLOW AVENUE, DE KALB, MISSISSIPPI 39328 (THE "LAND"), (II) CONSTRUCTION AND DEVELOPMENT OF A NEW ELEMENTARY SCHOOL LOCATED ON THE LAND (THE "IMPROVEMENTS- AND, TOGETHER WITH THE LAND, THE "PROPERTY"), AND (III) LEASING OF THE PROPERTY TO THE SCHOOL DISTRICT FOR OPERATION (COLLECTIVELY, (I) THROUGH (III) ARE REFERRED TO HEREIN AS, THE "NMTC PROJECT"); (B) ENGAGE IN BORROWING, AND RELATED DEALINGS, IN CONNECTION WITH THE NMTC PROJECT; (C) PURCHASE, LEASE OR OTHERWISE ACQUIRE OWNERSHIP OR THE RIGHT TO USE CERTAIN PROPERTY FOR THE NMTC PROJECT; AND (D) PARTICIPATE AS A "QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS" (AS SUCH TERM IS DEFINED IN SECTION 45D OF THE CODE) AND SERVE AS A BORROWER IN A FINANCING IN ACCORDANCE WITH THE NMTC REQUIREMENTS (AS DEFINED IN SECTION 4 OF THIS ARTICLE XVI).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 WAS PREPARED BY A CPA FROM FINANCIAL STATEMENTS AUDITED BY A CPA. UPON PREPARATION IT WAS PROVIDED TO THE ORGANIZATION WHO REVIEWED AND ACCEPTED THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ON FILE AT THE SCHOOL DISTRICT AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt020090078
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IRS990/TotalAssetsGrp/BOYAmt020090078
IRS990/TotalAssetsGrp/EOYAmt020244518
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IRS990/TotalContributionsAmt0201752
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013591846
IRS990/TotalLiabilitiesEOYAmt013606820
IRS990/TotalLiabilitiesGrp/BOYAmt013591846
IRS990/TotalLiabilitiesGrp/EOYAmt013606820
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06498232
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06637698
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-62286
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0139466
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt020090078
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt020244518
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 219
IRS990/USAddress/CityNm0DEKALB
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IRS990/USAddress/ZIPCd039328
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAMEKO HOLLIDAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06017432657
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KCES PUBLIC BENEFIT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0KCES
ReturnHeader/Filer/EIN0921186970
ReturnHeader/Filer/PhoneNum06017432657
ReturnHeader/Filer/USAddress/AddressLine1Txt0174 WILLOW AVENUE
ReturnHeader/Filer/USAddress/CityNm0DEKALB
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MS
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0640394922
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WATKINS WARD AND STAFFORD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 583
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHILADELPHIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd039350
ReturnHeader/PreparerPersonGrp/PhoneNum06016564252
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARSHA L MCDONALD CPA
ReturnHeader/ReturnTs02025-12-19T10:54:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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