THE MISSISSIPPI PARTNERSHIP FOR ECONOMIC DEVELOPMENT INC (EIN 640768279) - 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

1989

Legal Domicile

Principal Officer

JOHN S WALLER

Phone

6019690022

Tax Period

2023-01-01 to 2023-12-31

THE MISSISSIPPI PARTNERSHIP FOR ECONOMIC DEVELOPMENT INC, founded in 1989, is a small nonprofit in the Community Improvement sector that reported $369K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 24% operating margin.

Mission

TO PROVIDE ECONOMIC DEVELOPMENT SUPPORT THROUGHOUT MISSISSIPPI AND WORK TO IMPROVE MISSISSIPPI'S COMPETITIVE POSITION.

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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 $240,000

Program Service Revenue $0

Investment Income $128,627

Other Revenue $0

TOTAL REVENUE $368,627

Expense Breakdown

Grants Paid $242,869

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $242,869

Other Expenses $37,008

TOTAL EXPENSES $279,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$368,627	$287,892	+0.3%
Expenses	$279,877	$281,870	0.0%
Net Income	$88,750	$6,022	+13.7%

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
JEFF BOWMAN	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW DAVIDSON	DIRECTOR	2.00	Director	$0	$0	$0
DUANE DEWEY	DIRECTOR	2.00	Director	$0	$0	$0
TOMMY DULANEY	VICE CHAIR -	2.00	Officer Director	$0	$0	$0
HALEY FISACKERLY	DIRECTOR	2.00	Director	$0	$0	$0
JOHN HAIRSTON	DIRECTOR	2.00	Director	$0	$0	$0
JAMES D ROLLINS III	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
WILLIAM YATES III	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
WILLIAM A TAYLOR III	TREASURER	2.00	Officer Director	$0	$0	$0
MICHAEL WALKER	DIRECTOR	2.00	Director	$0	$0	$0
KARI WILKERSON	DIRECTOR	2.00	Director	$0	$0	$0
ANTHONY WILSON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JOHN S WALLER	PRESIDENT	2.00	Officer	$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	No data	No data	No data	No data
2023	$368,627	$279,877	$3,730,458	$88,750
2022	$287,892	$281,870	$3,173,310	$6,022
2021	$196,846	$113,618	$3,859,612	$83,228
2020	$79,819	$434,925	$3,301,666	$-355,106
2019	$254,226	$201,485	$3,298,127	$52,741
2018	$272,608	$141,159	$2,779,565	$131,449

THE MISSISSIPPI PARTNERSHIP FOR ECONOMIC DEVELOPMENT INC