MISSISSIPPI BANKERS VOLUNTARY EMPLOYEES' ASSOCIATION PLAN & TRUST (EIN 640802704) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

GORDON FELLOWS

Phone

6019486366

Tax Period

2023-01-01 to 2023-12-31

MISSISSIPPI BANKERS VOLUNTARY EMPLOYEES' ASSOCIATION PLAN & TRUST, founded in 1954, is a mid-sized nonprofit that reported $24.6M in total revenue in fiscal year 2023.

Mission

VOLUNTARY EMPLOYEE BENEFICIARY ASSOCIATION OPERATING UNDER IRC SECTION 501(C)(9).

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $24,231,482

Investment Income $354,422

Other Revenue $0

TOTAL REVENUE $24,585,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,657,770

TOTAL EXPENSES $25,166,156

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,585,904	$24,940,951	0.0%
Expenses	$25,166,156	$22,972,956	+0.1%
Net Income	$-580,252	$1,967,995	-1.3%

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

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
DAVID GUYTON	TRUSTEE	2.00	Director	$0	$0	$0
JUSTIN HILL	TRUSTEE	2.00	Director	$0	$0	$0
JEFF LACEY	TRUSTEE	2.00	Director	$0	$0	$0
CLAYTON LEGEAR	TRUSTEE	2.00	Director	$0	$0	$0
SAM MCCLATCHY	TRUSTEE	2.00	Director	$0	$0	$0
JEFF MCCOY	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER WALLACE	TRUSTEE	2.00	Director	$0	$0	$0
DANNY WHALEN	TRUSTEE	2.00	Director	$0	$0	$0
GORDON FELLOWS	PLAN SECRETA	7.40	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	$24,585,904	$25,166,156	$14,648,697	$-580,252
2022	$24,940,951	$22,972,956	$15,526,350	$1,967,995
2021	$23,049,975	$23,421,569	$13,784,088	$-371,594
2020	$21,438,187	$20,948,031	$14,748,229	$490,156
2018	$23,008,969	$22,337,994	$14,277,065	$670,975

MISSISSIPPI BANKERS VOLUNTARY EMPLOYEES' ASSOCIATION PLAN & TRUST