EAST MISSISSIPPI COMMUNITY COLLEGE DEVELOPMENT FOUNDATION (EIN 640654912) - 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

1979

Legal Domicile

Principal Officer

CHARLIE STUDDARD

Phone

6624765070

Tax Period

2023-07-01 to 2024-06-30

EAST MISSISSIPPI COMMUNITY COLLEGE DEVELOPMENT FOUNDATION, founded in 1979, is a small nonprofit that reported $928K in total revenue in fiscal year 2023. The organization ran a surplus of $222K, a strong 24% operating margin.

Mission

THE ORGANIZATION'S PURPOSE IS TO PROVIDE SUPPORT TO EAST MISSISSIPPI COMMUNITY COLLEGE AND ITS STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $753,014

Program Service Revenue $0

Investment Income $175,408

Other Revenue $0

TOTAL REVENUE $928,422

Expense Breakdown

Grants Paid $509,644

Salaries & Benefits $0

Fundraising Expenses $26,932

Program Expenses $509,644

Other Expenses $196,399

TOTAL EXPENSES $706,043

Year-over-Year Comparison

	2023	2022	Change
Revenue	$928,422	$884,535	+0.0%
Expenses	$706,043	N/A	N/A
Net Income	$222,379	$884,535	-0.7%

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
DR SCOTT ALSOBROOKS	EXECUTIVE SECRETARY	5.00	Officer Director	$0	$0	$0
PHILIP BUSBEE	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
CHARLIE STUDDARD	PRESIDENT	0.50	Officer Director	$0	$0	$0
TAMMIE HOLMES	TREASURER	10.00	Officer Director	$0	$0	$0
PAUL MILLER	DIRECTOR	0.50	Director	$0	$0	$0
BRUFF SANDERS	DIRECTOR	0.25	Director	$0	$0	$0
RONTAL JENKINS	DIRECTOR	0.25	Director	$0	$0	$0
GINA COTTON	DIRECTOR	20.00	Director	$0	$0	$0
TERESA HUGHES	DIRECTORDIRECTOR	0.25	Director	$0	$0	$0
MARK MCPHAIL	DIRECTOR	0.25	Director	$0	$0	$0
CHERYL SPARKMAN	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL SHELTON	DIRECTOR	0.25	Director	$0	$0	$0
TOM ADKINS	DIRECTOR	0.25	Director	$0	$0	$0
JAKE HAND	DIRECTOR	0.25	Director	$0	$0	$0
JAMES HARRIS	DIRECTOR	0.25	Director	$0	$0	$0
TIM HEARD	DIRECTOR	0.25	Director	$0	$0	$0
DEWAYNE HULL	DIRECTOR	0.25	Director	$0	$0	$0
NICK CLARK	DIRECTOR	0.25	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	No data	No data	No data	No data
2024	$928,422	$706,043	$3,516,285	$222,379
2023	$884,535	$640,697	$3,254,444	$243,838
2022	$748,426	$477,109	$3,031,237	$271,317
2021	$1,163,823	$505,027	$2,768,133	$658,796
2020	$751,858	$401,545	$2,075,644	$350,313
2019	$821,784	$439,721	$1,723,697	$382,063
2018	$561,590	$303,368	$1,340,976	$258,222

EAST MISSISSIPPI COMMUNITY COLLEGE DEVELOPMENT FOUNDATION