MISSISSIPPI MANAGEMENT INC EMPLOYE… - Form 990 Financial Data

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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

1980

Legal Domicile

Principal Officer

RENEE STORMES

Phone

6019363666

Tax Period

2019-10-01 to 2020-09-30

MISSISSIPPI MANAGEMENT INC EMPLOYEE BENEFIT PLAN, founded in 1980, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2019. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE AFFORDABLE HEALTHCARE TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS

Program Service Accomplishments

Program 1

Expenses: $1,226,542

THE LARGEST PROGRAM SERVICE EXPENSE IS INCURRED BY PAYING MEDICAL CLAIMS FOR PARTICIPATING EMPLOYEES AND THEIR DEPENDENTS COVERED UNDER THE BENEFIT PLAN.

Program 2

Expenses: $149,418

THIRD PARTY ADMINISTRATIVE FEES ARE PAID TO A SERICE PROVIDER TO PROVIDE ADMINISTRATIVE SERVICES RELATED TO CLAIMS PROCESSING FOR PARTICIPANTS IN THE MEDICAL BENEFIT PLAN.

Program 3

Expenses: $318,128

LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT PREMIUMS ARE PAID TO AN INSURANCE SERVICE PROVIDER TO PROVIDE PARTICIPANTS WITH THE COVERAGE THEY REQUEST. STOP-LOSS PREMIUMS ARE PAID FOR COVERAGE TO LIMIT...

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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 (2019)

Revenue Breakdown

Contributions & Grants $1,483,146

Program Service Revenue $0

Investment Income $1,352

Other Revenue $0

TOTAL REVENUE $1,484,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,694,088

Other Expenses $467,546

TOTAL EXPENSES $1,694,088

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,484,498	$1,920,858	-0.2%
Expenses	$1,694,088	$2,081,730	-0.2%
Net Income	$-209,590	$-160,872	+0.3%

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
MICAJAH STURDIVANT	TRUSTEE	0.00	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
2020	$1,484,498	$1,694,088	No data	$-209,590
2019	$1,920,858	$2,081,730	$209,590	$-160,872

MISSISSIPPI MANAGEMENT INC EMPLOYEE BENEFIT PLAN