Southwest Mississippi Opportunity Inc (EIN 640433629) - 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

1967

Legal Domicile

Principal Officer

Dorothy Rogers

Phone

6012493034

Tax Period

2023-10-01 to 2024-09-30

Southwest Mississippi Opportunity Inc, founded in 1967, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $3.8M exceeded revenue, resulting in a 36% operating deficit.

Mission

Social service agency providing community services and assistance to elderly, low-income and other people meeting program requirements.

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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 $2,729,303

Program Service Revenue $0

Investment Income $0

Other Revenue $35,120

TOTAL REVENUE $2,764,423

Expense Breakdown

Grants Paid $2,770,552

Salaries & Benefits $683,844

Fundraising Expenses $0

Program Expenses $3,632,513

Other Expenses $310,305

TOTAL EXPENSES $3,764,701

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,764,423	$3,385,245	-0.2%
Expenses	$3,764,701	$2,390,619	+0.6%
Net Income	$-1,000,278	$994,626	-2.0%

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

$147,226

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Annette McGhee	Vice Chairman	2.00	Director	$0	$0	$0
LeReginald Jones	Board Member	2.00	Director	$0	$0	$0
Butch Graves	Board Member	2.00	Director	$0	$0	$0
Felicia Williams	Board Member	2.00	Director	$0	$0	$0
Lee Dixon	Board Chairman	2.00	Director	$0	$0	$0
Warren Banks	Board Member	2.00	Director	$0	$0	$0
Carl Whiting	Board Member	2.00	Director	$0	$0	$0
Hollis Gatlin	Board Member	2.00	Director	$0	$0	$0
Letoria Wilson	Treasurer	2.00	Director	$0	$0	$0
Rochelle Magee	Secretary	2.00	Director	$0	$0	$0
Lacey Holmes	Board Member	2.00	Director	$0	$0	$0
Tony Harvey	Board Member	2.00	Director	$0	$0	$0
Dorothy Rogers	Fiscal Director	40.00	Officer	$47,121	$6,606	$53,727
Keisha Butler	Executive Director	40.00	Officer	$84,981	$8,518	$93,499

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	$2,764,423	$3,764,701	$239,914	$-1,000,278
2023	$3,385,245	$2,390,619	$1,224,068	$994,626
2022	$2,934,599	$2,934,209	$281,763	$390
2021	$1,909,809	$1,911,444	$466,192	$-1,635
2020	$1,616,921	$1,611,296	$256,027	$5,625
2019	$1,474,960	$1,478,460	$132,273	$-3,500
2018	$1,744,338	$1,733,010	$153,264	$11,328

Southwest Mississippi Opportunity Inc