NEEDS INC

EIN: 640715234 501(c)(3)

HATTIESBURG, MS

Total Revenue
$547,854
Total Expenses
$525,879
Total Assets
$68,621
Net Assets
$52,477
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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
1996
Legal Domicile
MS
Principal Officer
ROSE HARRELL
Phone
6015833387
Tax Period
2021-01-01 to 2021-12-31

NEEDS INC, founded in 1996, is a small nonprofit that reported $548K in total revenue in fiscal year 2021. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $526K left a modest 4% surplus.

Mission

SERVED LOW INCOME PARENTS WITH DAYCARE SERVICES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $547,854
Investment Income $0
Other Revenue $0
TOTAL REVENUE $547,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $222,449
Fundraising Expenses $0
Program Expenses $525,880
Other Expenses $303,430
TOTAL EXPENSES $525,879

Year-over-Year Comparison

2021 2020 Change
Revenue $547,854 $378,989 +0.4%
Expenses $525,879 $389,708 +0.3%
Net Income $21,975 $-10,719 -3.1%
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

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Governance

Voting Members
6
Independent Members
6
Employees
25
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
0
$0
Total Directors
5
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSE HARRELL EXECUTIVE DIRECTOR 15
Key Emp
$0 $0 $0
CLAUDIA HIBBLER PRESIDENT 2
Director
$0 $0 $0
WENDOLYN MARTIN SECRETARY 2
Director
$0 $0 $0
NNEKA AYOZIE TREASURER 3
Director
$0 $0 $0
BRITTNEY HOOKS BOARD MEMBER 1
Director
$0 $0 $0
ELLIOT EDWARD BOARD MEMBER 2
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
2021 $547,854 $525,879 $68,621 $21,975
2020 $378,989 $389,708 $30,562 $-10,719
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