MISSISSIPPI ENERGY INSTITUTE

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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

2010

Legal Domicile

Principal Officer

PATRICK SULLIVAN

Phone

6018320806

Tax Period

2024-01-01 to 2024-12-31

MISSISSIPPI ENERGY INSTITUTE, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $235K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 19% operating margin.

Mission

THE MISSISSIPPI ENERGY INSTITUTE'S MISSION IS TO CONDUCT RESEARCH AND DEVELOP COORDINATED STATE LEVEL POLICIES THAT SUPPORT A RELIABLE AND EXPANDING ENERGY PORTFOLIO THAT IS ENVIRONMENTALLY RESPONSIBLE; TO UNDERSTAND AND ENGAGE IN THE NATIONAL ENERGY DEBATE; AND TO TAKE ADVANTAGE OF THE MARKET OPPORTUNITIES ENSURING MISSISSIPPI'S ECONOMIC DEVELOPMENT COMPETITIVENESS.

Program Service Accomplishments

Program 1

RESEARCH AND POLICY DEVELOPMENT IS THE ORGANIZATION'S MAJOR ACCOMPLISHMENT. THE ORGANIZATION'S 10 COMMITTEES CRAFTED SIX STRATEGIC GOALS: 1) DEVELOPING AND DEPLOYING ALL OF MISSISSIPPI'S NATURAL...

RESEARCH AND POLICY DEVELOPMENT IS THE ORGANIZATION'S MAJOR ACCOMPLISHMENT. THE ORGANIZATION'S 10 COMMITTEES CRAFTED SIX STRATEGIC GOALS: 1) DEVELOPING AND DEPLOYING ALL OF MISSISSIPPI'S NATURAL, NUCLEAR, AND RENEWABLE RESOURCES FOR THE FUTURE IN AN ENVIRONMENTALLY RESPONSIBLE MANNER. 2) EXPANDING MISSISSIPPI'S CARBON CAPTURE AND SEQUESTRATION INDUSTRY. 3) ENCOURAGING ENERGY EFFICIENCY AND THE SMART GRID IN MISSISSIPPI. 4) PREPARING MISSISSIPPI'S 21ST CENTURY WORKFORCE FOR EXISTING AND EMERGING ENERGY SECTOR NEEDS AND INNOVATION. 5) SUPPORTING THE DEVELOPMENT OF ENERGY INFRASTRUCTURE AND ADVANCED ENERGY SECTOR MANUFACTURING IN MISSISSIPPI. 6) ASSESSING THE IMPACT OF FEDERAL AND STATE REGULATORY PROPOSALS. A "ROADMAP" WAS DEVELOPED TO MOVE THE ORGANIZATION TOWARDS ACCOMPLISHING THESE GOALS THROUGH RESEARCH AND DEVELOPING COORDINATED STATE LEVEL POLICIES THAT SUPPORT A RELIABLE AND EXPANDING ENERGY PORTFOLIO.

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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 $230,000

Program Service Revenue $0

Investment Income $0

Other Revenue $5,000

TOTAL REVENUE $235,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,693

Fundraising Expenses $0

Other Expenses $94,055

TOTAL EXPENSES $189,748

Year-over-Year Comparison

	2024	2023	Change
Revenue	$235,000	$175,000	+0.3%
Expenses	$189,748	$178,027	+0.1%
Net Income	$45,252	$-3,027	-15.9%

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

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

$84,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CALLAHAN	DIRECTOR	0.10	Director	$0	$0	$0
BARRY CANNADA	CHAIRMAN	0.10	Director	$0	$0	$0
HALEY FISACKERLY	DIRECTOR	0.10	Director	$0	$0	$0
GEORGE GUIDRY	DIRECTOR	0.10	Director	$0	$0	$0
MATT HOLLEMAN	DIRECTOR	0.10	Director	$0	$0	$0
RANDY JAMES	DIRECTOR	0.10	Director	$0	$0	$0
RICKY COX	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTA BISHOP	DIRECTOR	0.10	Director	$0	$0	$0
DAVID LIFFRIG	DIRECTOR	0.10	Director	$0	$0	$0
SCOTT WALLER	DIRECTOR	0.10	Director	$0	$0	$0
ANTHONY WILSON	DIRECTOR	0.10	Director	$0	$0	$0
MATT DAVIDSON	DIRECTOR	0.10	Director	$0	$0	$0
AMY TATE	DIRECTOR	0.10	Director	$0	$0	$0
ALAN SUDDUTH	DIRECTOR	0.10	Director	$0	$0	$0
JIM HALFORD	DIRECTOR	0.10	Director	$0	$0	$0
ALLEN FORE	DIRECTOR	0.10	Director	$0	$0	$0
PATRICK SULLIVAN	PRESIDENT, SECRETARY, & TR	20.00	Officer	$84,000	$0	$84,000

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
2024	$235,000	$189,748	$202,645	$45,252
2023	$175,000	$178,027	$157,394	$-3,027
2022	$274,434	$321,312	$160,421	$-46,878
2021	$226,813	$222,892	$188,299	$3,921
2020	$254,420	$349,252	$184,378	$-94,832
2019	$591,611	$525,626	$303,548	$65,985
2018	$633,245	$599,894	$237,563	$33,351