MISSION FIRST INC (EIN 640797107) - 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

1999

Legal Domicile

Principal Officer

LEE THIGPEN

Phone

6017146901

Tax Period

2023-01-01 to 2023-12-31

MISSION FIRST INC, founded in 1999, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 100% from the prior year, signaling strong growth momentum. The organization ran a surplus of $915K, a strong 27% operating margin.

Mission

TO PROVIDE CHRIST-CENTERED PROGRAMMING AND SERVICES THAT MEET THE SPIRITUAL, PHYSICAL, MENTAL, SOCIAL, AND EDUCATIONAL NEEDS OF THE CHILDREN, TEENS, AND ADULTS IN THE GREATER METRO JACKSON, MISSISSIPPI AREA.

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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 $3,138,237

Program Service Revenue $244,637

Investment Income $34,535

Other Revenue $0

TOTAL REVENUE $3,417,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,659,624

Fundraising Expenses $210,073

Program Expenses $2,126,650

Other Expenses $842,315

TOTAL EXPENSES $2,501,939

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,417,409	$1,705,807	+1.0%
Expenses	$2,501,939	$2,269,571	+0.1%
Net Income	$915,470	$-563,764	-2.6%

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

Volunteers

800

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

$144,460

Total Directors

$144,460

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE THIGPEN	EXECUTIVE DIRECTOR	40.00	Officer Director	$100,904	$43,556	$144,460
STEVE EDWARDS	PRESIDENT	1.00	Officer Director	$0	$0	$0
MALLORY ROSAMOND	VP	1.00	Officer Director	$0	$0	$0
ANN SOUTHERLAND	SEC/TREASURER	1.00	Officer Director	$0	$0	$0
DR BILL BOTELER	DIRECTOR	1.00	Director	$0	$0	$0
DEMARIO DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
DOUG GUNN	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA HOUCHINS	DIRECTOR	1.00	Director	$0	$0	$0
BEN JAMES	DIRECTOR	1.00	Director	$0	$0	$0
SHERRY LANIER	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY MEENA	DIRECTOR	1.00	Director	$0	$0	$0
JOHNNY RAY	DIRECTOR	1.00	Director	$0	$0	$0
MARK RICH	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$3,417,409	$2,501,939	$4,023,844	$915,470
2022	$1,705,807	$2,269,571	$2,985,270	$-563,764
2021	$2,794,987	$1,799,734	$3,461,833	$995,253
2021	$2,786,757	$1,690,003	$3,563,332	$1,096,754
2020	$1,827,447	$1,456,869	$2,461,705	$370,578
2019	$1,240,922	$1,358,886	$2,089,080	$-117,964
2018	$1,287,730	$1,193,105	$2,198,489	$94,625

MISSION FIRST INC