NORTH MISSINDUSTRIAL DEVELOPMENT A (EIN 640317413) - 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

1951

Legal Domicile

Principal Officer

WILLIAM SCAGGS

Phone

6624944633

Tax Period

2023-01-01 to 2023-12-31

NORTH MISSINDUSTRIAL DEVELOPMENT A, founded in 1951, is a small nonprofit that reported $827K in total revenue in fiscal year 2023. Expenses of $750K left a modest 9% surplus.

Mission

PROMOTING NORTHEAST MISSISSIPPI FOR INDUSTRIAL GROWTH

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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 $804,293

Program Service Revenue $0

Investment Income $23,148

Other Revenue $0

TOTAL REVENUE $827,441

Expense Breakdown

Grants Paid $0

Salaries & Benefits $493,991

Fundraising Expenses $0

Program Expenses $563,321

Other Expenses $256,083

TOTAL EXPENSES $750,074

Year-over-Year Comparison

	2023	2022	Change
Revenue	$827,441	$853,167	0.0%
Expenses	$750,074	$866,760	-0.1%
Net Income	$77,367	$-13,593	-6.7%

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

$161,485

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM SCAGGS	EXECUTIVE DI	40.00	Officer	$161,485	$0	$161,485
JOHN ALLEN	SECRETARY	N/A	Officer Director	$0	$0	$0
ROD BOBO	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN CLARK	TREASURER	N/A	Officer Director	$0	$0	$0
KEVIN DODDRIDGE	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT DODSON	DIRECTOR	N/A	Director	$0	$0	$0
CODY DURHAM	DIRECTOR	N/A	Director	$0	$0	$0
SHAWN EDMONDSON	DIRECTOR	N/A	Director	$0	$0	$0
DONALD GRAY	DIRECTOR	N/A	Director	$0	$0	$0
KEITH HAYWARD	DIRECTOR	N/A	Director	$0	$0	$0
SCOTT HENDRIX	DIRECTOR	N/A	Director	$0	$0	$0
EDDIE HOWARD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TODD JORDAN	DIRECTOR	N/A	Director	$0	$0	$0
TIM KENT	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MALONE	DIRECTOR	N/A	Director	$0	$0	$0
FRANKIE MOORMAN	DIRECTOR	N/A	Director	$0	$0	$0
KIRK MORGAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
ROB NEELY	DIRECTOR	N/A	Director	$0	$0	$0
BRAD ROBISON	DIRECTOR	N/A	Director	$0	$0	$0
BARRY ROWLAND	DIRECTOR	N/A	Director	$0	$0	$0
TIM SMITH	DIRECTOR	N/A	Director	$0	$0	$0
DAVID SORRELS	DIRECTOR	N/A	Director	$0	$0	$0
DAVID SORRELS	DIRECTOR	N/A	Director	$0	$0	$0
JOSH THORNTON	DIRECTOR	N/A	Director	$0	$0	$0
ANGELA VERDELL	DIRECTOR	N/A	Director	$0	$0	$0
DON WARREN	DIRECTOR	N/A	Director	$0	$0	$0
WILSON WEBB	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$827,441	$750,074	$1,127,822	$77,367
2022	$853,167	$866,760	$1,096,318	$-13,593
2021	$687,524	$715,402	$1,141,681	$-27,878
2020	$728,457	$711,376	$1,006,389	$17,081
2019	$699,101	$701,225	$984,710	$-2,124
2018	$708,170	$714,220	$995,458	$-6,050

NORTH MISSINDUSTRIAL DEVELOPMENT A