MISSISSIPPI TRANSPORTATION INSTITUTE INC

EIN: 260047351 Community Improvement

JACKSON, MS

Total Revenue
$636,170
Total Expenses
$344,219
Total Assets
$442,026
Net Assets
$442,026
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MS
Principal Officer
Lisa Hancock
Tax Period
2024-01-01 to 2024-12-31

MISSISSIPPI TRANSPORTATION INSTITUTE INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $636K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $292K, a strong 46% operating margin.

Mission

TO PROMOTE COOPERATION, INTERACTION, EDUCATION, RESEARCH, SAFETY, AND THE SHARING OF KNOWLEDGE BETWEEN STATE GOVERNMENT ENTITIES, LOCAL GOVERNMENT ENTITIES, QUASI-PUBLIC ENTITIES, AND PRIVATE SECTOR ENTITIES REGARDING ALL MODES OF PUBLIC TRANSPORTATION IN THE STATE OF MISSISSIPPI.

Program Service Accomplishments

Program 1
Expenses: $344,219 Revenue: $444,170

TECHNICAL/PROFESSIONAL DEVELOPMENT AND PROMOTIONAL CONFERENCE EVENTS FOCUSED ON CONSTRUCTION, MAINTENANCE AND OTHER RELEVANT INDUSTRY TOPICS WITH SPECIALIZED WORKSHOPS AND SESSIONS RELATING TO THE...

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TECHNICAL/PROFESSIONAL DEVELOPMENT AND PROMOTIONAL CONFERENCE EVENTS FOCUSED ON CONSTRUCTION, MAINTENANCE AND OTHER RELEVANT INDUSTRY TOPICS WITH SPECIALIZED WORKSHOPS AND SESSIONS RELATING TO THE PUBLIC TRANSPORTATION INDUSTRY. AUDIT WORKSHOP FEB 2024 CONSTRUCTION CONFERENCE FEB 2024 MAINTENANCE CONFERENCE MAY 2024 STATEWIDE RODEO JUN-JUL 2024 NATL HYDRAULIC ENGINEERS CONFERENCE AUG 2024 MTI ANNUAL CONFERENCE NOV 2024

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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 $192,000
Program Service Revenue $444,170
Investment Income $0
Other Revenue $0
TOTAL REVENUE $636,170

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $344,219
Other Expenses $344,219
TOTAL EXPENSES $344,219

Year-over-Year Comparison

2024 2023 Change
Revenue $636,170 $344,234 +0.8%
Expenses $344,219 $258,763 +0.3%
Net Income $291,951 $85,471 +2.4%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
20

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
6
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD WHITE CHAIRMAN DIRECTOR MDOT 002.00
Director
$0 $0 $0
SHARI VEAZY DIRECTOR - MS MUNICIPAL LEAGUE 001.00
Director
$0 $0 $0
DERRICK SURRETTE DIRECTOR - MS ASSN SUPERVISORS 001.00
Director
$0 $0 $0
JOEL WATERS DIRECTOR - MS CONCRETE ASSN 001.00
Director
$0 $0 $0
MIKE PEPPER DIRECTOR - MS ROADBUILDERS ASSN 001.00
Director
$0 $0 $0
PETER ROGERS PHD DIRECTOR- UNIV SOUTHERN MS 001.00
Director
$0 $0 $0
CRAIG CARTER DIRECTOR - AM COUNCIL ENG COS - MS 001.00
Director
$0 $0 $0
JASON HENRY PE PRESIDENT 002.00
Officer
$0 $0 $0
MICHAEL ELLIS PE VICE-PRESIDENT 002.00
Officer
$0 $0 $0
LISA HANCOCK CPA TREASURER 003.00
Officer
$0 $0 $0
AMY HORNBACK SECRETARY 003.00
Officer
$0 $0 $0
JEFF ELY VICE-PRESIDENT ADMINISTRATION 002.00
Officer
$0 $0 $0
MIKE CRESAP VICE-PRESIDENT OPERATIONS 002.00
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 $636,170 $344,219 $442,026 $291,951
2023 $344,234 $258,763 $150,073 $85,471
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