HINDS COMMUNITY COLLEGE FOUNDATION (EIN 640622023) - 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

1978

Legal Domicile

Principal Officer

MATTHEW JONES

Phone

6018573800

Tax Period

2024-01-01 to 2024-12-31

HINDS COMMUNITY COLLEGE FOUNDATION, founded in 1978, is a mid-sized nonprofit that reported $16.6M in total revenue in fiscal year 2024. Revenue surged 261% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.9M, a strong 84% operating margin.

Mission

THE FOUNDATION RECEIVES FUNDS TO PROVIDE THE FOLLOWING: (1) SCHOLARSHIPS, (2) FACULTY/STAFF DEVELOPMENT, AND (3) NEW LEARNING OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,310,147

Program Service Revenue $0

Investment Income $545,315

Other Revenue $-235,250

TOTAL REVENUE $16,620,212

Expense Breakdown

Grants Paid $1,830,191

Salaries & Benefits $202

Fundraising Expenses $50,051

Program Expenses $2,413,033

Other Expenses $854,502

TOTAL EXPENSES $2,684,895

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,620,212	$4,608,323	+2.6%
Expenses	$2,684,895	$3,223,064	-0.2%
Net Income	$13,935,317	$1,385,259	+9.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD BANES	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
RUSSELL BOZEMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
CLINT BRIGGS	BOARD MEMBER	N/A	Director	$0	$0	$0
BRAD BURLESON	BOARD MEMBER	N/A	Director	$0	$0	$0
KEN COOMES	BOARD MEMBER	N/A	Director	$0	$0	$0
LANDON CORKREN	BOARD MEMBER	N/A	Director	$0	$0	$0
PATE DEMUTH	BOARD MEMBER	N/A	Director	$0	$0	$0
GREG DURRELL	BOARD MEMBER	N/A	Director	$0	$0	$0
JANE FLOWERS	BOARD MEMBER	N/A	Director	$0	$0	$0
REP STEPHANIE FOSTER	BOARD MEMBER	N/A	Director	$0	$0	$0
DR LAUREN FREEMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
KENDALL GARRAWAY	BOARD MEMBER	N/A	Director	$0	$0	$0
RANDALL HARRIS	BOARD MEMBER	N/A	Director	$0	$0	$0
MATTHEW JONES	EXECUTIVE DI	N/A	Director	$0	$0	$0
DR RYN LASTER	BOARD MEMBER	N/A	Director	$0	$0	$0
DR BILLY MOREHEAD	BOARD MEMBER	N/A	Director	$0	$0	$0
MISTI MUNROE	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
NICK OLIER	BOARD MEMBER	N/A	Director	$0	$0	$0
VICTOR PARKER	COLLEGE VP O	N/A	Director	$0	$0	$0
BEN PIAZZA	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN ROBINSON	BOARD MEMBER	N/A	Director	$0	$0	$0
MITSI TIGRETT	BOARD MEMBER	N/A	Director	$0	$0	$0
DR STEPHEN VACIK	COLLEGE PRES	N/A	Director	$0	$0	$0
RICK WHITE	CHAIRMAN	N/A	Officer Director	$0	$0	$0
TIM WILLIAMS	BOARD MEMBER	N/A	Director	$0	$0	$0
KRISTEN WINDHAM	BOARD MEMBER	N/A	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	$16,620,212	$2,684,895	$37,754,329	$13,935,317
2023	$4,608,323	$3,223,064	$35,866,845	$1,385,259
2022	$4,755,649	$3,964,719	$32,167,353	$790,930
2021	$5,573,901	$3,288,750	$34,795,979	$2,285,151
2020	$3,608,280	$2,751,556	$32,415,323	$856,724
2019	$3,934,739	$3,189,947	$30,362,201	$744,792
2018	$3,389,298	$1,972,974	$27,608,371	$1,416,324

HINDS COMMUNITY COLLEGE FOUNDATION