Mississippi Gulf Coast Community College Foundation Inc

EIN: 640588668 501(c)(3) Education

Perkinston, MS

Total Revenue
$1,689,460
Total Expenses
$1,640,252
Total Assets
$23,266,286
Net Assets
$22,578,968
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MS
Phone
6019286205
Tax Period
2024-07-01 to 2025-06-30

Mississippi Gulf Coast Community College Foundation Inc, founded in 1974, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring. Net assets of $22.6M represent 160 months of operating reserves.

Mission

The foundation's purpose is to promote, encourage, and assist in all forms of education and research in the MS gulf coast community college's districts, campuses, and activities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $634,528
Program Service Revenue $0
Investment Income $831,401
Other Revenue $223,531
TOTAL REVENUE $1,689,460

Expense Breakdown

Grants Paid $915,388
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,398,724
Other Expenses $724,864
TOTAL EXPENSES $1,640,252

Year-over-Year Comparison

2024 2023 Change
Revenue $1,689,460 $2,959,774 -0.4%
Expenses $1,640,252 $1,398,024 +0.2%
Net Income $49,208 $1,561,750 -1.0%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
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
$674,933
Total Directors
13
$0
Key Employees
1
$161,674
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angie Juzang Chair 2.0
Officer Director
$0 $0 $0
David Allen Vice Chair 2.0
Officer Director
$0 $0 $0
Jennifer King Secretary/Treasurer 2.0
Officer Director
$0 $0 $0
Deloris Netteles Board Member 2.0
Director
$0 $0 $0
Josh Wells Board Member 2.0
Director
$0 $0 $0
Karla Smith Board Member 2.0
Director
$0 $0 $0
Liz Corso Joachim Board Member 2.0
Director
$0 $0 $0
Millie Page Board Member 2.0
Director
$0 $0 $0
Nell Murray Board Member 2.0
Director
$0 $0 $0
Nicki Steele-Clark Board Member 2.0
Director
$0 $0 $0
Russell Gill Board Member 2.0
Director
$0 $0 $0
Sean Courtney Board Member 2.0
Director
$0 $0 $0
Stacey Clark Board Member 2.0
Director
$0 $0 $0
Mary Graham MGCCC President, Executive Secretary ex officio 40.0
Officer
$0 $62,583 $515,716
Suzana G Brown Vice President, Institutional Advancement 40.0
Officer
$0 $5,835 $159,217
Jonathan Woodward Vice President of Teaching and Learning and Community Campus 40.0
Key Emp
$0 $8,235 $161,674
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 $1,689,460 $1,640,252 $23,266,286 $49,208
2024 $2,959,774 $1,398,024 $21,998,984 $1,561,750
2023 $1,709,208 $1,204,361 $19,480,699 $504,847
2022 $2,453,085 $964,927 $18,521,159 $1,488,158
2021 $1,996,838 $1,483,684 $19,150,003 $513,154
2020 $2,145,446 $1,278,319 $16,904,813 $867,127
2019 $1,830,773 $1,001,118 $15,422,925 $829,655
2018 $2,075,473 $1,207,420 $14,349,534 $868,053
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