MISSISSIPPI AUTOMOBILE DEALERS ASSOCIATION

EIN: 640350026

RIDGELAND, MS

Total Revenue
$1,299,503
Total Expenses
$833,353
Total Assets
$3,333,156
Net Assets
$3,290,901
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
MS
Principal Officer
JM MILSTEAD
Phone
6019576868
Tax Period
2025-01-01 to 2025-12-31

MISSISSIPPI AUTOMOBILE DEALERS ASSOCIATION, founded in 1941, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $466K, a strong 36% 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.

Program Service Accomplishments

Program 1
Expenses: $606,705

THE ORGANIZATION ATTEMPTS TO FOSTER AN UNDERSTANDING OF CURRENT ISSUES IN THE AUTOMOBILE INDUSTRY THROUGH ITS VARIOUS PUBLICATIONS WHICH ARE MADE AVAILABLE TO ITS MEMBERS AND THE GENERAL PUBLIC. THE...

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THE ORGANIZATION ATTEMPTS TO FOSTER AN UNDERSTANDING OF CURRENT ISSUES IN THE AUTOMOBILE INDUSTRY THROUGH ITS VARIOUS PUBLICATIONS WHICH ARE MADE AVAILABLE TO ITS MEMBERS AND THE GENERAL PUBLIC. THE ORGANIZATION'S MISSION IS TO ADVOCATE, PROMOTE & PROTECT FRANCHISED AUTOMOBILE DEALERS IN MISSISSIPPI.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,036,646
Investment Income $262,857
Other Revenue $0
TOTAL REVENUE $1,299,503

Expense Breakdown

Grants Paid $0
Salaries & Benefits $390,065
Fundraising Expenses $0
Program Expenses $606,705
Other Expenses $443,288
TOTAL EXPENSES $833,353

Year-over-Year Comparison

2025 2024 Change
Revenue $1,299,503 $1,128,245 +0.2%
Expenses $833,353 $731,069 +0.1%
Net Income $466,150 $397,176 +0.2%
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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Governance

Voting Members
14
Independent Members
14
Employees
2
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
5
$0
Total Directors
14
$0
Key Employees
1
$260,313
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JM MILSTEAD PRESIDENT 40.00
Key Emp
$260,313 $0 $260,313
TAB BENNETT BOARD MEMBER 4.00
Director
$0 $0 $0
MICHAEL JOE CANNON NADA DIRECTO 4.00
Officer Director
$0 $0 $0
MICHELLE CHAPMAN BOARD MEMBER 4.00
Director
$0 $0 $0
DREW DEPRIEST SECRETARY-TR 4.00
Officer Director
$0 $0 $0
MIKE GREGORY BOARD MEMBER 4.00
Director
$0 $0 $0
PAXTON KING IMMED. PAST 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
PHIL MOORE CHAIRMAN-ELE 4.00
Officer Director
$0 $0 $0
ALTON PIERCE BOARD MEMBER 4.00
Director
$0 $0 $0
LAUREN WILSON REEVES BOARD MEMBER 4.00
Director
$0 $0 $0
JOHN SCARBROUGH BOARD MEMBER 4.00
Director
$0 $0 $0
JEFF SMITH CHAIRMAN 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
2025 $1,299,503 $833,353 $3,333,156 $466,150
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
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