SOUTHEASTERN REGIONAL ASSOCIATION OF PHY PLANT ADMINISTRATORS

EIN: 237001063 501(c)(3)

STARKVILLE, MS

Total Revenue
$281,924
Total Expenses
$206,408
Total Assets
$687,864
Net Assets
$687,864
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
MS
Principal Officer
JEFFREY BENJAMIN
Phone
6623257205
Tax Period
2024-04-01 to 2025-03-31

SOUTHEASTERN REGIONAL ASSOCIATION OF PHY PLANT ADMINISTRATORS is a small nonprofit that reported $282K in total revenue in fiscal year 2024. The organization ran a surplus of $76K, a strong 27% operating margin.

Mission

PROMOTE COMMON INTEREST IN THE CONSTRUCTION, CARE, AND OPERATION OF PHYSICAL PLANTS USED BY HIGHER EDUCATION FACILITIES IN REGION BY PROVIDING EDUCATIONAL PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $157,768

SRAPPA HAS AN ANNUAL CONFERENCE AND QUARTERLY BOARD MEETINGS. THE CONFERENCE PROVIDES EDUCATION AND UPDATES FOR 200 PLUS MEMBERS ATTENDING REGARDING FACILITY MANAGEMENT OF HIGHER EDUCATION FACILITIES

Program 2
Expenses: $28,790

PROGRAM PROVIDES SCHOLARSHIPS TO APAA FOR TRAINING

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $281,901
Investment Income $23
Other Revenue $0
TOTAL REVENUE $281,924

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $186,558
Other Expenses $206,408
TOTAL EXPENSES $206,408

Year-over-Year Comparison

2024 2023 Change
Revenue $281,924 $265,702 +0.1%
Expenses $206,408 $197,839 +0.0%
Net Income $75,516 $67,863 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
12
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID MAHARREY TREASURER N/A
Officer
$0 $0 $0
GREGG CLARKE PAST-PRESIDE N/A
Officer
$0 $0 $0
SOLOMON FRANKLIN 1ST VICE PRE N/A
Officer
$0 $0 $0
JEFFREY BENJAMIN PRESIDENT N/A
Officer
$0 $0 $0
COLLIN SEWELL PRESIDENNT-E N/A
Officer
$0 $0 $0
DAVID VAN HOOK VP CHAPTER A N/A
Officer
$0 $0 $0
PRITI BHATIA VP FOR EDUCA N/A
Officer
$0 $0 $0
THOMAS JONES VP FOR CONFE N/A
Officer
$0 $0 $0
DAN WHATLEY APPA REGIONA N/A
Officer
$0 $0 $0
TOM OWENBY K-12/COM.COL N/A
Officer
$0 $0 $0
DAVID ULMER APPA LIAISON N/A
Officer
$0 $0 $0
JOHN SHENETTE BUS. PART. L N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2026 No data No data No data No data
2025 $281,924 $206,408 $687,864 $75,516
2024 $265,702 $197,839 $612,348 $67,863
2023 $118,025 $85,770 $512,379 $32,255
2022 $65,139 $112,470 $480,124 $-47,331
2021 $35,767 $82,906 $527,455 $-47,139
2020 $191,275 $281,247 $574,594 $-89,972
2019 $475,962 $267,968 $664,566 $207,994
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