MISSISSIPPI SHERIFFS BOYS AND GIRLS RANCH INC

EIN: 640598354 501(c)(3)

LAKE CORMORANT, MS

Total Revenue
$1,436,920
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1977
Legal Domicile
MS
Principal Officer
DRAKE BASSETT
Phone
6623285704
Tax Period
2024-07-01 to 2025-01-31

MISSISSIPPI SHERIFFS BOYS AND GIRLS RANCH INC, founded in 1977, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024.

Mission

PALMER HOME FOR CHILDREN (HOME) IS LOCATED IN COLUMBUS, MISSISSIPPI. THE ENTITY'S PRINCIPAL PROGRAMS INCLUDE RESIDENTIAL CARE, FOSTER HOME CARE, ADOPTION OF CHILDREN IN SELECTED INDIVIDUAL CASES, ADVOCACY ON BEHALF OF VULNERABLE CHILDREN AND TRAINING CAREGIVERS UTILIZING ITS PROPRIETARY APPROACH TO CARE, WHOLE CHILD INITIATIVE, ALL WHILE ENCOURAGING CHRISTIAN VALUES.

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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 $1,436,920
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,436,920

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $1,436,920 N/A N/A
Expenses N/A $54,300 -1.0%
Net Income N/A $-54,300 N/A
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
21
Independent Members
21
Employees
N/A
Volunteers
21

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
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DRAKE BASSETT PRESIDENT 1
Officer Director
$0 $0 $0
ALAN WALTERS TREASURER 1
Officer Director
$0 $0 $0
KAREN CARLISLE CHAIR 1
Officer Director
$0 $0 $0
RICK POWELL SECRETARY 1
Officer Director
$0 $0 $0
BRITTANY CONNOR COMPTROLLER 1
Officer Director
$0 $0 $0
ANDREW MARTIN BOARD MEMBER 1
Director
$0 $0 $0
CHARLES GUEST BOARD MEMBER 1
Director
$0 $0 $0
DARYL GUEST BOARD MEMBER 1
Director
$0 $0 $0
DOLPH BRYAN BOARD MEMBER 1
Director
$0 $0 $0
DONNY SANDERS BOARD MEMBER 1
Director
$0 $0 $0
GRAY FLORA BOARD MEMBER 1
Director
$0 $0 $0
HAROLD CLARK BOARD MEMBER 1
Director
$0 $0 $0
JACK FORBUS BOARD MEMBER 1
Director
$0 $0 $0
JIM WALKER BOARD MEMBER 1
Director
$0 $0 $0
KIRBY DOBBS FLOYD BOARD MEMBER 1
Director
$0 $0 $0
LARRY EDWARDS BOARD MEMBER 1
Director
$0 $0 $0
MELINDA GEORGE BOARD MEMBER 1
Director
$0 $0 $0
ROBERT CLARK BOARD MEMBER 1
Director
$0 $0 $0
RUSS RUSSELL BOARD MEMBER 1
Director
$0 $0 $0
TOM MCCANN BOARD MEMBER 1
Director
$0 $0 $0
TRIP HAIRSTON BOARD MEMBER 1
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 $1,436,920 No data No data No data
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