MISSISSIPPI CONCRETE INDUSTRIES (EIN 640509288) - 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

1957

Legal Domicile

Principal Officer

JOEL WATERS

Phone

6019575274

Tax Period

2023-01-01 to 2023-12-31

MISSISSIPPI CONCRETE INDUSTRIES, founded in 1957, is a small nonprofit that reported $448K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $391K left a modest 13% surplus.

Mission

PROMOTING CONCRETE AS A CONSTRUCTION MATERIAL AMONG MEMBERS AND OTHER USERS; EDUCATION OF ENGINEERS & OTHERS CONCERNING CORRECT METHODS AND NEW TECHNOLOGICAL DEVELOPMENTS.

🔒

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 $421,805

Investment Income $22,105

Other Revenue $3,850

TOTAL REVENUE $447,760

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $234,078

Fundraising Expenses $0

Other Expenses $151,482

TOTAL EXPENSES $390,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$447,760	$496,277	-0.1%
Expenses	$390,560	$410,856	0.0%
Net Income	$57,200	$85,421	-0.3%

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

$156,770

Total Directors

$156,770

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL WATERS	EXECUTIVE DIRECTOR	39.50	Officer Director	$131,831	$24,939	$156,770
VICTOR MCMILLAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
LANCE BONNER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BOBBY DOWDY	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
ELI WATTS	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
THOMAS ANDERSON	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL ARNEMANN	DIRECTOR	2.00	Director	$0	$0	$0
BENOIT COTNOIR	DIRECTOR	2.00	Director	$0	$0	$0
CLAY CRUSE	DIRECTOR	2.00	Director	$0	$0	$0
JUDY FUNDERBURKE	DIRECTOR	2.00	Director	$0	$0	$0
COREY REYNOLDS	DIRECTOR	2.00	Director	$0	$0	$0
ASHLEY SANSING	DIRECTOR	2.00	Director	$0	$0	$0
WARREN SAWICKI	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL SEAL	DIRECTOR	2.00	Director	$0	$0	$0
GARY SCOTT	DIRECTOR	2.00	Director	$0	$0	$0
BEN THARP	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT VARNER	DIRECTOR	2.00	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	$447,760	$390,560	$715,061	$57,200
2022	$496,277	$410,856	$649,043	$85,421
2021	$593,024	$561,474	$676,317	$31,550
2020	$514,931	$517,346	$545,807	$-2,415
2019	$539,261	$609,067	$543,118	$-69,806
2018	$635,340	$555,862	$607,315	$79,478

MISSISSIPPI CONCRETE INDUSTRIES