MISSISSIPPI AUTOMOBILE DEALERS ASSOCIATION (EIN 640350026) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

JM MILSTEAD

Phone

6019576868

Tax Period

2023-01-01 to 2023-12-31

MISSISSIPPI AUTOMOBILE DEALERS ASSOCIATION, founded in 1941, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $338K, a strong 31% operating margin.

Mission

TO FOSTER AMONG ITS MEMBERS AN UNDERSTANDING OF CURRENT ISSUES AND TO EDUCATE ITS MEMBERS AND TO ADVOCATE, PROMOTE & PROTECT FRANCHISED AUTOMOBILE DEALERS IN MISSISSIPPI.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $879,305

Investment Income $213,823

Other Revenue $0

TOTAL REVENUE $1,093,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $348,691

Fundraising Expenses $0

Program Expenses $543,570

Other Expenses $406,894

TOTAL EXPENSES $755,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,093,128	$743,998	+0.5%
Expenses	$755,585	$728,666	+0.0%
Net Income	$337,543	$15,332	+21.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL JOE CANNON	NADA DIRECTO	4.00	Officer Director	$0	$0	$0
MICHELLE CHAPMAN	BOARD MEMBER	4.00	Director	$0	$0	$0
DREW DEPRIEST	BOARD MEMBER	4.00	Director	$0	$0	$0
DREW ESTABROOK	BOARD MEMBER	4.00	Director	$0	$0	$0
JEFF FIELD	IMM. PAST CH	4.00	Officer Director	$0	$0	$0
MIKE GREGORY	BOARD MEMBER	4.00	Director	$0	$0	$0
PAXTON KING	CHAIRMAN-ELE	4.00	Officer Director	$0	$0	$0
CANNON KIRK	BOARD MEMBER	4.00	Director	$0	$0	$0
BO MANDAL	BOARD MEMBER	4.00	Director	$0	$0	$0
TRUDY MOODY	CHAIRWOMAN	4.00	Officer Director	$0	$0	$0
PHIL MOORE	BOARD MEMBER	4.00	Director	$0	$0	$0
JOHN SCARBROUGH	BOARD MEMBER	4.00	Director	$0	$0	$0
JEFF SMITH	SECRETARY-TR	4.00	Officer Director	$0	$0	$0
JARED WALDROP	BOARD MEMBER	4.00	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	No data	No data	No data	No data
2023	$1,093,128	$755,585	$2,512,081	$337,543
2022	$743,998	$728,666	$2,198,481	$15,332
2021	$1,015,121	$644,013	$2,115,307	$371,108
2020	$760,855	$517,523	$1,704,660	$243,332
2019	$932,463	$628,943	$1,461,328	$303,520
2018	$695,636	$581,359	$1,157,808	$114,277

MISSISSIPPI AUTOMOBILE DEALERS ASSOCIATION