MISSISSIPPI POWER COMMUNITY CONNEC… - 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

2003

Legal Domicile

Principal Officer

STEPHEN STIGLETS

Phone

2288655827

Tax Period

2024-01-01 to 2024-12-31

MISSISSIPPI POWER COMMUNITY CONNECTION INC, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $239K in total revenue in fiscal year 2024.

Mission

MISSISSIPPI POWER COMMUNITY CONNECTION IS AN EMPLOYEE-LED COMMUNITY SERVICE GROUP THAT SERVES THE COMMUNITIES WHERE THEY LIVE AND WORK. WE SUPPORT AND VOLUNTEER WITH CHARITIES TO BUILD BETTER AND STRONGER COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $54,253

CHRISTMAS FOR UNDERPRIVILEGED CHILDREN: PURCHASE TOYS AND BICYCLES FOR UNDERPRIVILEGED CHILDREN THROUGHOUT MISSISSIPPI POWER SERVICE TERRITORY. THIS IS A HUGE CAUSE FOR MISSISSIPPI POWER AND INCLUDES SALVATION ARMY ANGEL TREE, SALVATION ARMY BICYCLE DRIVE, TOYS FOR TOTS, MISSISSIPPI HIGHWAY PATROL SANTA DRIVE.

Program 2

Expenses: $34,734

SUPPORT CHILDREN'S NEEDS ACROSS MISSISSIPPI POWER'S SERVICE TERRITORY. THIS INCLUDES FOOD INSECURITY, SCHOOL SUPPLIES, CLOTHING NEEDS, SENSORY TOYS FOR DISABLED CHILDREN. INCLUDES CANOPY CHILDREN'S SOLUTIONS, MEMORABLE MOMENTS CHARITY, EXTEND A HAND, GULF COST CENTER FOR NON-VIOLENCE, CASA OF SOUTH MISSISSIPPI, HARRISON COUNTY CHILD DEVELOPMENT, COMMUNITY FOUNDATION OF EAST MISSISSIPPI, BACKPACK BUDDIES.

Program 3

Expenses: $26,745

FOOD INSECURITY: PROVIDE SUPPORT TO COMMUNITY FOOD BANKS FOR FEEDING THE NEEDY. INCLUDES LOAVES & FISHES, FEED MY SHEEP, BACK BAY MISSION, EXTRA TABLE, GULF COAST MINISTRIES, OPEN DOORS HOMELESS...

FOOD INSECURITY: PROVIDE SUPPORT TO COMMUNITY FOOD BANKS FOR FEEDING THE NEEDY. INCLUDES LOAVES & FISHES, FEED MY SHEEP, BACK BAY MISSION, EXTRA TABLE, GULF COAST MINISTRIES, OPEN DOORS HOMELESS COALITION.

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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 $65,802

Program Service Revenue $0

Investment Income $271

Other Revenue $173,331

TOTAL REVENUE $239,404

Expense Breakdown

Grants Paid $197,882

Salaries & Benefits $0

Fundraising Expenses $17,835

Program Expenses $213,762

Other Expenses $24,197

TOTAL EXPENSES $237,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$239,404	$243,995	0.0%
Expenses	$237,959	$250,540	-0.1%
Net Income	$1,445	$-6,545	-1.2%

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

N/A

Volunteers

735

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
STEPHEN STIGLETS	EXECUTIVE DIRECTOR	2.00	Officer Director	$0	$0	$0
JANICE DIXON	TREASURER	1.00	Officer	$0	$0	$0
ANNIE MCMILLAN	PRESIDENT	2.00	Officer	$0	$0	$0
LUKE PATTERSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
LESLIE WILKINSON	SECRETARY	1.00	Officer	$0	$0	$0
SADIE ANDERSON	GENERAL OFFICE STATE BOARD REPRESENTIVE	1.00	Officer	$0	$0	$0
JAMES DOBSON	COAST STATE BOARD REPRESENTATIVE	1.00	Officer	$0	$0	$0
LAKEELSHA ROBINSON	PLANT WATSON REPRESENTATIVE	1.00	Officer	$0	$0	$0
JULIUS HOOKS	JACKSON/GEORGE REPRESENTATIVE	1.00	Officer	$0	$0	$0
HALEY VAN DRUNEN	EAST MS STATE BOARD REPRESENTATIVE	1.00	Officer	$0	$0	$0
JIM COCHRAN	RETIREE STATE BOARD REPRESENTATIVE	0.00	Officer	$0	$0	$0
JARED MILLER	PINE BELT BOARD REPRESENTATIVE	1.00	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	$239,404	$237,959	$58,495	$1,445
2024	No data	No data	No data	No data
2023	$243,995	$250,540	$57,050	$-6,545

MISSISSIPPI POWER COMMUNITY CONNECTION INC