RONALD MCDONALD HOUSE CHARITIES OF MISSISSIPPI INC

EIN: 630906927 501(c)(3) Health Care

JACKSON, MS

Total Revenue
$610,674
Total Expenses
$712,016
Total Assets
$3,257,444
Net Assets
$3,218,958
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MS
Principal Officer
LAURA TAYLOR
Phone
6019815683
Tax Period
2024-01-01 to 2024-12-31

RONALD MCDONALD HOUSE CHARITIES OF MISSISSIPPI INC, founded in 1984, is a small nonprofit in the Health Care sector that reported $611K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $712K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE PURPOSE OF THIS CORPORATION IS TO PROVIDE ESSENTIAL SERVICES THAT REMOVE BARRIERS, STRENGHTEN FAMILIES, AND PROMOTE HEALING WHEN CHILDREN NEED HEALTHCARE.

Program Service Accomplishments

Program 1
Expenses: $607,274 Revenue: $4,798

DURING 2024 RONALD MCDONALD HOUSE CHARITIES OF MISSISSIPPI, INC. CARED FOR FAMILIES WITH CHILDREN WHO ARE ILL OR INJURED THROUGH OUR CORNER-STONE PROGRAM RONALD MCDONALD HOUSE. RONALD MCDONALD HOUSE...

Read more

DURING 2024 RONALD MCDONALD HOUSE CHARITIES OF MISSISSIPPI, INC. CARED FOR FAMILIES WITH CHILDREN WHO ARE ILL OR INJURED THROUGH OUR CORNER-STONE PROGRAM RONALD MCDONALD HOUSE. RONALD MCDONALD HOUSE PROVIDED TEMPORARY, HOME-AWAY-FROM-HOME LODGING FOR FAMILIES WHO HAVE CHILDREN RECEIVING SPECIALIZED MEDICAL TREATMENT. OUR FACILITY INCLUDES 16 PRIVATE BEDROOMS WITH PRIVATE BATHS; 4 KITCHENS; 2 LAUNDRY ROOMS; LIVING ROOM; TELEVISION AREAS; PLAY ROOM; PATIO AND COURTYARD. MOST FAMILIES ARE WITHIN WALKING DISTANCE OF THEIR HOSPITALIZED CHILD. ALONG WITH LODGING FACILITIES, ITEMS SUCH AS FOOD, PARKING, PERSONAL CARE ITEMS AND LAUNDRY SUPPLIES ARE AVAILABLE TO ALL FAMILIES FREE OF CHARGE.THE RONALD MCDONALD HOUSE OPERATES 24 HOURS PER DAY, 365 DAYS PER YEAR. STAFF MEMBERS, INDIVIDUAL VOLUNTEERS AND GROUPS ASSIST WITH CARING FOR THE FAMILIES AND THE FACILITY. THEY PROVIDE A CARING FACE AND LISTENING EAR TO THE NUMEROUS FAMILIES WHO ARE TRAUMATIZED BY THE LIFE-THREATENING ILLNESS OF THEIR CHILD. THROUGH VARIOUS ACTIVITIES (BOTH IN-PERSON AND OFF-SIGHT) OVER 500 VOLUNTEERS GAVE OF THEIR TIME.WE ARE FORTUNATE AND VERY GRATEFUL FOR IN-KIND GIFTS AND SERVICES TOTALING $98,648 WHICH AIDED TREMENDOUSLY IN OUR PROVIDING THE AFOREMENTIONED SERVICES.WE WERE HONORED TO CARE FOR THREE HUNDRED TWENTY-SIX (326) FAMILIES WITHIN RONALD MCDONALD HOUSE DURING 2024. THE AVERAGE LENGTH OF STAY WAS 12 NIGHTS. FAMILIES PRIMARILY CAME FROM THE STATE OF MISSISSIPPI WITH SEVERAL CLAIMING RESIDENCY IN SURROUNDING STATES. GUEST FAMILIES DONATED AN AVERAGE OF THIRTY-SIX CENTS ($0.36) PER ROOM, PER NIGHT FOR THE YEAR. THUS, INDIVIDUAL, SERVICE GROUP, AND CORPORATE DONATIONS ARE VITAL TO CARING FOR THESE FAMILIES AND CHILDREN.IN ORDER TO SHORTEN THE TIME PATIENTS WERE INSIDE HOSPITALS, WE SAW AN INCREASE IN FAMILIES STAYING AT RONALD MCDONALD HOUSE THE NIGHT BEFORE SURGICAL PROCEDURES. THUS, FAMILIES AND CHILDREN WERE ABLE TO RELAX THE NIGHT BEFORE GOING TO THE HOSPITAL AND DIDN'T HAVE TO EXPERIENCE A LONG AND EARLY TRAVEL TIME PRIOR TO SURGERY. NO MATTER THE CIRCUMSTANCE, THE GREATEST THINGS FAMILIES RECEIVE WHILE AT RONALD MCDONALD HOUSE ARE THE CONCERN OF OTHERS AND THE FRIENDSHIP OF FAMILIES GOING THROUGH THE SAME THING - THE DEVASTATION OF HAVING A CRITICALLY-ILL CHILD.STRUCTURAL REPAIRS, PAINTING, AND RENOVATION OF THE DINING/TELEVISION AREA HIGHLIGHTED IMPROVEMENTS FOR 2024. THESE UPGRADES HELP MAINTAIN A WELCOMING ATMOSPHERE, THE INTEGRITY OF OUR BUILDING, AND A SAFE ENVIRONMENT FOR ALL OF OUR GUESTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $533,438
Program Service Revenue $1,389
Investment Income $72,438
Other Revenue $3,409
TOTAL REVENUE $610,674

Expense Breakdown

Grants Paid $0
Salaries & Benefits $233,937
Fundraising Expenses $14,499
Program Expenses $607,274
Other Expenses $478,079
TOTAL EXPENSES $712,016

Year-over-Year Comparison

2024 2023 Change
Revenue $610,674 $662,935 -0.1%
Expenses $712,016 $560,715 +0.3%
Net Income $-101,342 $102,220 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
7
Volunteers
500

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
3
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS COLLADO DIRECTOR 1.00
Director
$0 $0 $0
CHRISTIN WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY ANN JACKSON DIRECTOR 1.00
Director
$0 $0 $0
CREIGHTON HARDY DIRECTOR 1.00
Director
$0 $0 $0
DANIEL BRINER DIRECTOR 1.00
Director
$0 $0 $0
DANIEL GALLARNO SECRETARY 3.00
Officer Director
$0 $0 $0
GABRIEL PRADO DIRECTOR 1.00
Director
$0 $0 $0
GRACE PIPER DIRECTOR 1.00
Director
$0 $0 $0
HAL BURT DIRECTOR 1.00
Director
$0 $0 $0
JAIME LATTANZI BOOZER DIRECTOR 1.00
Director
$0 $0 $0
LAURA TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
MORGAN MCLEOD DANIELS DIRECTOR 1.00
Director
$0 $0 $0
PATRICK WIDNER DIRECTOR 1.00
Director
$0 $0 $0
RASHAD WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
ROSS WEEMS TREASURER 3.00
Officer Director
$0 $0 $0
TEDD GILBERT DIRECTOR 1.00
Director
$0 $0 $0
TERRENCE BROWN PRESIDENT 3.00
Officer Director
$0 $0 $0
YOLANDA MCELROY DIRECTOR 1.00
Director
$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
2024 $610,674 $712,016 $3,257,444 $-101,342
2023 $662,935 $560,715 $3,174,353 $102,220
2022 $270,380 $531,010 $2,855,271 $-260,630
2021 $777,381 $530,088 $3,276,066 $247,293
2020 $374,398 $509,445 $3,023,925 $-135,047
2019 $549,425 $571,379 $2,947,703 $-21,954
2018 $532,716 $546,806 $2,806,669 $-14,090
Explore More Nonprofits
Top 100 Nonprofits in Mississippi Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RONALD MCDONALD HOUSE CHARITIES OF MISSISSIPPI INC with other nonprofits in Mississippi and across the country.