MISSISSIPPI EDNET INSTITUTE INC (EIN 640794037) - 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

1992

Legal Domicile

Principal Officer

ROYAL AILLS

Phone

6014326378

Tax Period

2024-07-01 to 2025-06-30

MISSISSIPPI EDNET INSTITUTE INC, founded in 1992, is a small nonprofit that reported $564K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $173K, a strong 31% operating margin.

Mission

TO PROMOTE, ENCOURAGE AND ASSIST ALL LEVELS OF EDUCATION, RESEARCH AND ECONOMIC DEVELOPMENT PRIMARILY WITHIN THE STATE OF MISSISSIPPI INCLUDING PRESCHOOL, ELEMENTARY, AND SECONDARY, ADULT AND HIGHER EDUCATION, ESPECIALLY IN LOCAL COMMUNITIES AND RURAL AREAS OF THE STATE, BY IMPLEMENTING A PUBLIC/PRIVATE PARTNERSHIP TO PROVIDE STATEWIDE ACCESS TO A WIRELESS TELEVISION SYSTEM FOR MISSISSIPPI - INSTRUCTIONAL TELEVISION FIXED SERVICE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $559,794

Investment Income $3,823

Other Revenue $0

TOTAL REVENUE $563,617

Expense Breakdown

Grants Paid $349,435

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $373,932

Other Expenses $40,787

TOTAL EXPENSES $390,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$563,617	$507,895	+0.1%
Expenses	$390,222	$416,620	-0.1%
Net Income	$173,395	$91,275	+0.9%

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

N/A

Independent Members

N/A

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
ROYAL AILLS	EXECUTIVE DIRECTOR	5.00	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
2025	$563,617	$390,222	$2,609,848	$173,395
2024	No data	No data	No data	No data
2023	$506,182	$376,757	$2,945,186	$129,425
2022	$503,359	$385,994	$3,127,176	$117,365
2021	$503,610	$351,881	$3,325,279	$151,729
2020	$503,557	$345,438	$3,471,078	$158,119
2019	$502,672	$580,702	$3,621,461	$-78,030
2018	$521,581	$38,030	$4,000,859	$483,551

MISSISSIPPI EDNET INSTITUTE INC