MISSISSIPPI HOSPITALITY & RESTAURAN ASSOCIATION

EIN: 640388196

JACKSON, MS

Total Revenue
$365,847
Total Expenses
$327,280
Total Assets
$1,521,679
Net Assets
$1,396,607
🔒

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
1954
Legal Domicile
MS
Principal Officer
PATRICK L FONTAINE
Phone
6014204210
Tax Period
2024-07-01 to 2025-06-30

MISSISSIPPI HOSPITALITY & RESTAURAN ASSOCIATION, founded in 1954, is a small nonprofit that reported $366K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $327K left a modest 11% surplus.

Mission

THE MISSION OF THE ASSOCIATION IS TO UNIFY, FOSTER, PROMOTE AND PROTECT THE HOSPITALITY AND FOOD SERVICE INDUSTRIES IN MISSISSIPPI. THE GOALS OF THE ORGANIZATION ARE (1)TO RETAIN PRESENT MEMBERS AND RECRUIT NEW MEMBERS; (2) TO IMPROVE THE COMMUNICATION PROCESS BETWEEN THE ASSOCIATION AND ITS MEMBERS AS WELL AS PROMOTE EDUCATIONAL OPPORTUNITIES TO ITS MEMBERS AND THE PUBLIC; (3) TO ESTABLISH A FRAMEWORK TO INSURE THE EFFECTIVE OPERATION OF THE ASSOCIATION; (4) TO SUPPORT THE STATE-WIDE OR LEGISLATIVE CANDIDATES AND/OR ISSUES THAT BEST REPRESENT THE VIEWS AND POSITIONS OF THE ASSOCIATION; (5) TO PLAN AND EXECUTE AN ANNUAL CONVENTION AND OTHER SPECIAL EVENTS; AND (6) TO CONTINUE TO WORK IN THE AREA OF GOVERNMENT AFFAIRS AND IN THE AREAS OF POLICY, DIRECTING AND ASSISTING THE ASSOCIATION'S LOBBYIST, AND ADRESSING NATIONAL ISSUES WHICH AFFECT THE HOSPITALITY AND FOOD SERVICE INDUSTRIES.

🔒

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 $124,539
Program Service Revenue $54,809
Investment Income $95,889
Other Revenue $90,610
TOTAL REVENUE $365,847

Expense Breakdown

Grants Paid $0
Salaries & Benefits $204,573
Fundraising Expenses $0
Other Expenses $122,707
TOTAL EXPENSES $327,280

Year-over-Year Comparison

2024 2023 Change
Revenue $365,847 $388,760 -0.1%
Expenses $327,280 $411,340 -0.2%
Net Income $38,567 $-22,580 -2.7%
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
14
Independent Members
14
Employees
4
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
4
$87,731
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROB HEFFNER PRESIDENT 2.00
Officer Director
$0 $0 $0
TY THAMES VICE PRESIDE 2.00
Officer Director
$0 $0 $0
DR JIM TAYLOR SECRETARY/TR 2.00
Officer Director
$0 $0 $0
PATRICK L FONTAINE EXECUTIVE DI 40.00
Officer
$87,731 $0 $87,731
BETH WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
MIKE WAGNER DIRECTOR 1.00
Director
$0 $0 $0
JOSH BRASS DIRECTOR 1.00
Director
$0 $0 $0
RON SAVELL DIRECTOR 1.00
Director
$0 $0 $0
JOSH BELENCHIA DIRECTOR 1.00
Director
$0 $0 $0
SCOTT SLEDGE DIRECTOR 1.00
Director
$0 $0 $0
BRYANT BEAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN MARK ELLIOTT DIRECTOR 1.00
Director
$0 $0 $0
DR JEFFREY PITTMAN DIRECTOR 1.00
Director
$0 $0 $0
LORENA DUCOTE DIRECTOR 1.00
Director
$0 $0 $0
STEVEN O'NEILL PAST PRESIDE 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
2025 $365,847 $327,280 $1,521,679 $38,567
2024 No data No data No data No data
2023 $502,740 $436,447 $1,511,572 $66,293
2022 $242,674 $464,116 $1,467,240 $-221,442
2021 $451,006 $348,110 $1,780,103 $102,896
2019 $427,305 $399,680 $1,559,898 $27,625
2018 $524,642 $523,404 $1,456,159 $1,238
Explore More Nonprofits
Top 100 Nonprofits in Mississippi Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MISSISSIPPI HOSPITALITY & RESTAURAN ASSOCIATION with other nonprofits in Mississippi and across the country.