MISSISSIPPI ENTERPRISE FOR TECHNOLOGY INC (EIN 640843286) - 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

1954

Legal Domicile

Principal Officer

JEFF DAVIS PACE III

Phone

2286883144

Tax Period

2023-01-01 to 2023-12-31

MISSISSIPPI ENTERPRISE FOR TECHNOLOGY INC, founded in 1954, is a small nonprofit in the Community Improvement sector that reported $762K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE TECHNOLOGICAL TRANSFER FROM GOVERNMENT TO THE PRIVATE INDUSTRY

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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 $202,182

Program Service Revenue $559,259

Investment Income $388

Other Revenue $0

TOTAL REVENUE $761,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $561,201

Other Expenses $790,799

TOTAL EXPENSES $790,799

Year-over-Year Comparison

	2023	2022	Change
Revenue	$761,829	$585,879	+0.3%
Expenses	$790,799	$634,752	+0.2%
Net Income	$-28,970	$-48,873	-0.4%

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

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	Role	Reportable Comp	Other Comp	Total
GREG HINKEBEIN	CHAIRMAN	Director	$0	$0	$0
JEFF DAVIS PACE III	PRESIDENT	Director	$0	$0	$0
MR TODD LADNER	VICE CHAIRMAN	Director	$0	$0	$0
MR MARK SCHLOEGEL	SECRETARY	Director	$0	$0	$0
MR CLAY WAGNER	TREASURER	Director	$0	$0	$0
ASHLEY EDWARDS	DIRECTOR	Director	$0	$0	$0
KIMBERLY AGUILLARD	DIRECTOR	Director	$0	$0	$0
MR ROBERT MCCUMMINS	DIRECTOR	Director	$0	$0	$0
MR MICHAEL MCDANIEL	DIRECTOR	Director	$0	$0	$0
MR JEFFREY BEST	DIRECTOR	Director	$0	$0	$0
MR MICHAEL MOORE	DIRECTOR	Director	$0	$0	$0
GENA LENTZ	DIRECTOR	Director	$0	$0	$0
MADELINE WALKER	DIRECTOR	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	$761,829	$790,799	$416,347	$-28,970
2022	$585,879	$634,752	$454,527	$-48,873
2021	$456,921	$544,590	$540,113	$-87,669
2020	$576,663	$591,464	$643,366	$-14,801
2019	$648,822	$652,972	$631,652	$-4,150
2018	$728,370	$652,333	$619,032	$76,037

MISSISSIPPI ENTERPRISE FOR TECHNOLOGY INC