MISSISSIPPI ASSOCIATION OF SCHOOL … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

TORI HOLLOWAY

Phone

6019247498

Tax Period

2024-10-01 to 2025-09-30

MISSISSIPPI ASSOCIATION OF SCHOOL ADMINI, founded in 1974, is a small nonprofit that reported $293K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

MASA'S MISSION IS TO TRAIN AND EDUCATE SCHOOL ADMINISTRATORS.

Program Service Accomplishments

Program 1

THE STATEWIDE CONVENTION FOR MISSISSIPPI SCHOOL ADMINISTRATORS IS HELD EACH YEAR IN OCTOBER. THE CONVENTION CONSISTS OF DISCUSSION AND TRAINING REGARDING PROBLEMS AND SOLUTIONS FOR MISSISSIPPI...

THE STATEWIDE CONVENTION FOR MISSISSIPPI SCHOOL ADMINISTRATORS IS HELD EACH YEAR IN OCTOBER. THE CONVENTION CONSISTS OF DISCUSSION AND TRAINING REGARDING PROBLEMS AND SOLUTIONS FOR MISSISSIPPI SCHOOLS. NUMEROUS ADMINISTRATORS FROM AROUND THE STATE ATTENDED THE CONVENTION.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,765

Program Service Revenue $266,125

Investment Income $6,080

Other Revenue $0

TOTAL REVENUE $292,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $202,197

Fundraising Expenses $0

Other Expenses $93,180

TOTAL EXPENSES $295,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$292,970	$324,739	-0.1%
Expenses	$295,377	$319,962	-0.1%
Net Income	$-2,407	$4,777	-1.5%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$133,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SCOTT RIMES	PRESIDENT	2.00	Officer Director	$0	$0	$0
MR CHRIS FLEMMING	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DR HILUTE HUDSON III	SECRETARY	2.00	Officer Director	$0	$0	$0
MR CHARLES BRELAND	TREASURER	2.00	Officer Director	$0	$0	$0
DR TORIANO HOLLOWAY	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
MR GLEN BEARD JR	TRUSTEE	2.00	Director	$0	$0	$0
MR RICK SMITH	TRUSTEE	2.00	Director	$0	$0	$0
DR SHARON DUNGAN	TRUSTEE	2.00	Director	$0	$0	$0
MR MORGAN SCRIBNER	TRUSTEE	2.00	Director	$0	$0	$0
MR BEN STEIN	TRUSTEE	2.00	Director	$0	$0	$0
MS GRETCHEN CAGLE	TRUSTEE	2.00	Director	$0	$0	$0
MS DEBRA HOUGHTON	TRUSTEE	2.00	Director	$0	$0	$0
MR RANDY WEATHERSBY	TRUSTEE	2.00	Director	$0	$0	$0
MR SHANE SWITZER	TRUSTEE	2.00	Director	$0	$0	$0
MR REX BUCKHAULTS	TRUSTEE	2.00	Director	$0	$0	$0
DR CODY KILLEN	TRUSTEE	2.00	Director	$0	$0	$0
DR AMANDA HARRIS	TRUSTEE	2.00	Director	$0	$0	$0
MS JAMYE SULLIVAN	TRUSTEE	2.00	Director	$0	$0	$0
MR RICKY NEAVES	TRUSTEE	2.00	Director	$0	$0	$0
MS KAREN ALBRECHT	TRUSTEE	2.00	Director	$0	$0	$0
DR RONNIE MCGEHEE	EXECUTIVE DIRECTOR	40.00	Officer	$133,500	$0	$133,500

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	$292,970	$295,377	$477,311	$-2,407
2024	$324,739	$319,962	$479,718	$4,777
2023	$343,894	$296,498	$474,941	$47,396
2022	$359,826	$281,545	$427,545	$78,281
2021	$377,278	$277,792	$349,264	$99,486

MISSISSIPPI ASSOCIATION OF SCHOOL ADMINI