MID-SOUTH SYNERGY CHARITABLE FOUNDATION INC (EIN 274376574) - Form 990 Financial Analysis & Trantor Score

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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

KERRY KELTON

Phone

9368255100

Tax Period

2023-01-01 to 2023-12-31

MID-SOUTH SYNERGY CHARITABLE FOUNDATION INC, founded in 2010, is a small nonprofit in the Education sector that reported $636K in total revenue in fiscal year 2023. Revenue surged 245% from the prior year, signaling strong growth momentum. The organization ran a surplus of $508K, a strong 80% operating margin.

Mission

AWARD SCHOLARSHIPS TO MEMBERS OF MID-SOUTH ELECTRIC COOPERATIVE AND ASSIST THE LOW INCOME AND NEEDY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $609,502

Program Service Revenue $0

Investment Income $26,772

Other Revenue $0

TOTAL REVENUE $636,274

Expense Breakdown

Grants Paid $124,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $124,250

Other Expenses $4,406

TOTAL EXPENSES $128,656

Year-over-Year Comparison

	2023	2022	Change
Revenue	$636,274	$184,647	+2.4%
Expenses	$128,656	$161,504	-0.2%
Net Income	$507,618	$23,143	+20.9%

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

N/A

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

$1,473,041

Total Directors

$1,606,558

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERRY KELTON	PRESIDENT	1.00	Officer Director	$0	$130,125	$695,745
MIKE MCDOUGALD	VICE PRESIDENT	1.00	Officer Director	$0	$93,415	$403,631
ANDREW DALLMEYER	SECRETARY	1.00	Officer Director	$0	$79,285	$333,097
MARSHALL SHIRLEY	CHAIRMAN	1.00	Officer Director	$0	$0	$40,568
JAMES MORRISON	DIRECTOR	1.00	Director	$0	$0	$19,618
STEVE DRIVER	DIRECTOR	1.00	Director	$0	$0	$25,768
DENNIS MCWHORTER	DIRECTOR	1.00	Director	$0	$0	$24,063
PAUL MALEK	DIRECTOR	1.00	Director	$0	$0	$14,322
RUSSEL WATSON	DIRECTOR	1.00	Director	$0	$0	$27,927
KENNETH MCDOUGALD	DIRECTOR	1.00	Director	$0	$0	$11,149
ROBERT D PIERCE	DIRECTOR	1.00	Director	$0	$0	$10,670

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	No data	No data	No data	No data
2023	$636,274	$128,656	$772,341	$507,618

MID-SOUTH SYNERGY CHARITABLE FOUNDATION INC