MISSISSIPPI PRISON INDUSTRIES CORPORATION

EIN: 640793424 501(c)(3) Crime & Legal

JACKSON, MS

Total Revenue
$5,140,443
Total Expenses
$4,115,668
Total Assets
$8,578,858
Net Assets
$3,055,076
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MS
Principal Officer
SCOTT PARENTEAU
Tax Period
2020-07-01 to 2021-06-30

MISSISSIPPI PRISON INDUSTRIES CORPORATION, founded in 1990, is a community nonprofit in the Crime & Legal sector that reported $5.1M in total revenue in fiscal year 2020. The organization ran a surplus of $1.0M, a strong 20% operating margin.

Mission

TO PROVIDE REALISTIC WORK EXPERIENCE TO SENTENCED, ADULT OFFENDERS RESIDING WITHIN MISSISSIPPI STATE CORRECTIONAL INSTITUTIONS BY PROVIDING EMPLOYMENT SKILLS TO SUPPORT ECONOMIC SELF-SUFFICIENCY UPON RELEASE, REDUCE RECIDIVISM, AND REDUCE OVERALL COSTS OF GOVERNMENT.

Program Service Accomplishments

Program 1
Expenses: $3,422,602

PROGRAM SERVICE EXPENSES USED IN CARRYING OUT EXEMPT PURPOSE OF REHABILITATING INMATES BY MANUFACTURING ITEMS FOR RESALE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,015
Other Revenue $5,139,428
TOTAL REVENUE $5,140,443

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,989,992
Fundraising Expenses $0
Program Expenses $3,422,602
Other Expenses $2,125,676
TOTAL EXPENSES $4,115,668

Year-over-Year Comparison

2020 2019 Change
Revenue $5,140,443 $4,952,700 +0.0%
Expenses $4,115,668 $3,658,970 +0.1%
Net Income $1,024,775 $1,293,730 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
37
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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE MCGEE DIRECTOR 1.00
Director
$0 $0 $0
BOBBY MORGAN DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY TIMBS SECRETARYTREASURER 1.00
Director
$0 $0 $0
RANDALL JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
WILLIE J GREEN DIRECTOR 1.00
Director
$0 $0 $0
BOB BAUGHN DIRECTOR 1.00
Director
$0 $0 $0
MIKE COTTINGHAM DIRECTOR 1.00
Director
$0 $0 $0
SCOTT PARENTEAU CHAIR 1.00
Officer Director
$0 $0 $0
KELLY JULKENBECK VICE-CHAIR 1.00
Officer Director
$0 $0 $0
BRADLEY LUM CEO 40.00
Highest
$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 $5,140,443 $4,115,668 $8,578,858 $1,024,775
2020 $4,952,700 $3,658,970 $7,346,111 $1,293,730
2019 $3,161,623 $3,575,010 $6,582,588 $-413,387
2018 $3,145,612 $5,081,581 $7,870,908 $-1,935,969
Explore More Nonprofits
→Top 100 Nonprofits in Mississippi →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MISSISSIPPI PRISON INDUSTRIES CORPORATION with other nonprofits in Mississippi and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.