SOUTHAVEN, MS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC, founded in 1978, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $980K left a modest 10% surplus.
DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP, COORDINATE AND RECRUIT NEW AND EXPANDED INDUSTRY,BUSINESS AND TRADE IN DESOTO COUNTY. THE COUNCIL ALSO WAS A PART OF AN EDUCATION- INDUSTRY PARTNERSHP THAT CREATED A NEW CAREER TECH CENTER IN OLIVE BRANCH TO PROMOTE JOB CREATION AND TRAINING PROGRAMS TO MEET THE GROWING NEEDS OF THE COUNTY.
THE COUNCIL SUSTAINED ITS INITIATIVES IN RECRUITING AND EXPANDING INDUSTRIES WITHIN DESOTO COUNTY, CONTRIBUTING TO THE ESTABLISHMENT OF NINE NEW INDUSTRIES AND THE EXPANSION OF EIGHT EXISTING...
THE COUNCIL SUSTAINED ITS INITIATIVES IN RECRUITING AND EXPANDING INDUSTRIES WITHIN DESOTO COUNTY, CONTRIBUTING TO THE ESTABLISHMENT OF NINE NEW INDUSTRIES AND THE EXPANSION OF EIGHT EXISTING ENTERPRISES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,089,408 | $972,815 | +0.1% |
| Expenses | $979,613 | $931,012 | +0.1% |
| Net Income | $109,795 | $41,803 | +1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN RAY | CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVY HUNT | VICE CHAIRMA | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| RHODES THOMPSON | TREASURER | 3.00 |
Director
|
$0 | $0 | $0 |
| BOBBIE ESPITIA | SECRETARY | 3.00 |
Director
|
$0 | $0 | $0 |
| DIEGO LEJWA | PAST CHAIRMA | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID BAKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CALVIN JONES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM ALLMON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSS SNEED | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN DODDRIDGE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| REGGIE DURHAM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD GRISSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DWAYNE NAPPER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAD SIMS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN RAY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SONNET BOOTH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVY HUNT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT FELSENTHAL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICKY GOODSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAWN CLAYTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WAYNE SPELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANE CHAMBERLIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANE CRAIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TANYA CREHAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANNY SANDERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT KELSO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRISH SPALDING | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA COATS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY GOSS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEN IBSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JON STEVENSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RITCHIE HAMPTON | BOARD MEMBER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHAD PAYTON | EX-OFFICIO B | 1.00 |
Director
|
$0 | $0 | $0 |
| CHIP JOHNSON | EX-OFFICIO B | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN LATIMER | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| KEN ADAMS | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| DARREN MUSSELWHITE | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| KEIDRON HENDERSON | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| VANESSA LYNCHARD | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE CALDWELL | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| CORY USELTON | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| DR MICHAEL HEINDL | EX BOARD MEM | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES B FLANAGAN | EXECUTIVE DI | 40.00 |
Key Emp
|
$343,822 | $17,191 | $361,013 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,089,408 | $979,613 | $834,719 | $109,795 |
| 2023 | $972,815 | $931,012 | $719,565 | $41,803 |
| 2022 | $878,105 | $1,022,457 | $674,247 | $-144,352 |
| 2021 | $866,441 | $738,334 | $791,749 | $128,107 |
| 2020 | $1,013,523 | $680,030 | $897,293 | $333,493 |
| 2019 | $831,312 | $724,404 | $563,800 | $106,908 |
| 2018 | $710,249 | $766,227 | $456,892 | $-55,978 |
Compare DESOTO COUNTY ECONOMIC DEVELOPMENT COUNCIL INC with other nonprofits in Mississippi and across the country.