MISSISSIPPI COUNSELING ASSOCIATION (EIN 237115350) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

PAULETTE EDWARDS

Phone

2286695015

Tax Period

2023-07-01 to 2024-06-30

MISSISSIPPI COUNSELING ASSOCIATION is a small nonprofit that reported $258K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $48K, a strong 19% operating margin.

Mission

MISSISSIPPI COUNSELING ASSOCIATION IS A STATEWIDE ASSOCIATION OF COUNSELORS REPRESENTING VARIOUS PROFESSIONS OF COUNSELORS INCLUDING EDUCATION, MENTAL HEALTH, AND PRIVATE PRACTICE. THE PURPOSE IS TO UNITE THE COUNSELING PROFESSION IN MISSISSIPPI. THEREBY OFFERING A COMMON GROUND FOR THE PROFESSION TO MEET, INTERACT, AND EXCHANGE IDEAS TO FURHTER ENHANCE AND PROMOTE THIS PROFESSION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $256,211

Investment Income $1,933

Other Revenue $0

TOTAL REVENUE $258,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,609

Fundraising Expenses $0

Other Expenses $173,295

TOTAL EXPENSES $209,904

Year-over-Year Comparison

	2023	2022	Change
Revenue	$258,144	$227,823	+0.1%
Expenses	$209,904	$203,976	+0.0%
Net Income	$48,240	$23,847	+1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR JUAWICE MCCORMICK	PRESIDENT	N/A	Officer	$0	$0	$0
DR KARLA WEIR	PRESIDENT EL	N/A	Officer	$0	$0	$0
CLEVELAND PHINISEE	TREASURER	N/A	Officer	$0	$0	$0
HEATHER NORTON	SECRETARY	N/A	Officer	$0	$0	$0
DR MARY BESS PANNEL	PRESIDENT EL	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
2025	No data	No data	No data	No data
2024	$258,144	$209,904	$582,151	$48,240
2023	$227,823	$203,976	$533,911	$23,847
2022	$249,742	$215,113	$526,616	$34,629
2021	$160,764	$104,849	$491,866	$55,915
2020	$308,983	$232,320	$435,587	$76,663
2019	$296,406	$236,166	$358,387	$60,240

MISSISSIPPI COUNSELING ASSOCIATION