MISS MISSISSIPPI CORPORATION

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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

1993

Legal Domicile

Principal Officer

DAVID BLACKLEDGE

Phone

6016366525

Tax Period

2025-01-01 to 2025-12-31

MISS MISSISSIPPI CORPORATION, founded in 1993, is a small nonprofit that reported $674K in total revenue in fiscal year 2025.

Mission

TO PROVIDE SCHOLARSHIP OPPORTUNITIES TO INSTITUTIONS OF HIGHER LEARNING TO YOUNG WOMEN IN MISSISSIPPI.

Program Service Accomplishments

Program 1

Expenses: $638,727 Revenue: $471,361

THE PURPOSE OF THIS ORGANIZATION IS TO ADMINISTER AND PRODUCE THE MISS MISSSISSIPPI PAGEANT. THROUGH THIS ENDEAVOR SEVERAL YOUNG WOMEN ARE PROVIDED SCHOLARSHIPS TO INSTITUTIONS OF HIGHER LEARNING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $202,500

Program Service Revenue $469,812

Investment Income $1,549

Other Revenue $0

TOTAL REVENUE $673,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,984

Fundraising Expenses $0

Program Expenses $638,727

Other Expenses $680,390

TOTAL EXPENSES $693,374

Year-over-Year Comparison

	2025	2024	Change
Revenue	$673,861	$702,055	0.0%
Expenses	$693,374	$677,275	+0.0%
Net Income	$-19,513	$24,780	-1.8%

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

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 BLACKLEDGE	EXECUTIVE DI	N/A	Officer	$0	$0	$0
AUSTIN CRABTREE	DIRECTOR	N/A	Officer	$0	$0	$0
EARL EDRIS	DIRECTOR	N/A	Officer	$0	$0	$0
TAMMY FOLGER-SUTTER	PAGEANT TREA	N/A	Officer	$0	$0	$0
WINKY FREEMAN	DIRECTOR	N/A	Officer	$0	$0	$0
KAREN JONES	DIRECTOR	N/A	Officer	$0	$0	$0
KIM KNIGHT	DIRECTOR	N/A	Officer	$0	$0	$0
JENNIFER ADCOCK PIERCE	DIRECTOR	N/A	Officer	$0	$0	$0
JOHNNY L REYNOLDS	DIRECTOR	N/A	Officer	$0	$0	$0
ASHLEY THOMPSON	DIRECTOR	N/A	Officer	$0	$0	$0
JENNIFER TILLOTSON	DIRECTOR	N/A	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	$673,861	$693,374	$115,637	$-19,513
2024	$702,055	$677,275	$135,150	$24,780
2023	$597,479	$581,998	$110,370	$15,481
2022	$502,910	$529,705	$98,859	$-26,795
2021	$302,349	$410,724	$125,654	$-108,375
2020	$243,054	$132,645	$234,029	$110,409
2019	$575,922	$559,023	$123,620	$16,899
2018	$583,291	$555,180	$106,721	$28,111