JACKSON RESOURCE CENTER

EIN: 640867930 501(c)(3) Education

JACKSON, MS

Total Revenue
$1,003,130
Total Expenses
$818,760
Total Assets
$1,844,358
Net Assets
$1,676,463
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MS
Principal Officer
PUTALAMUS WHITE
Phone
7692180008
Tax Period
2023-01-01 to 2023-12-31

JACKSON RESOURCE CENTER, founded in 1999, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $184K, a strong 18% operating margin.

Mission

To be a multifaceted housing organization devoted to catalyzing intentional on and off site collaborative partnerships that reduces homelessness and creates sustainable communities through affordable quality housing continued education job training and accessible social amd medical services.

Program Service Accomplishments

Program 1
Expenses: $427,314 Revenue: $386,759

Reach Langley: Reach Langley provides permanent housing with supportive services conveniently located on the campus. Reach Langley provides a home for 30 of Jackson's formally homeless individuals...

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Reach Langley: Reach Langley provides permanent housing with supportive services conveniently located on the campus. Reach Langley provides a home for 30 of Jackson's formally homeless individuals. These homes are one room units that come furnished with a bed, television, couch, refrigerator and desk. There is an onsite cook that prepares lunch and dinner Monday through Friday. There is an onsite medical office where tenants can be seen by the resident nurse and case managers that work with each resident to assist them in achieving their short- and long-term goals. The campus opened May 4, 2022, and quickly filled to capacity. At the close of 2022, 17 of the original 30 tenants were still living in their units.

Program 2
Expenses: $391,446 Revenue: $0

The Yellow House: Formed in 2022 as a "Maternity House" to provide temporary housing and support services to expectant homeless youth aged 16-22 in the Jackson, MS area. The Yellow House utilizes a...

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The Yellow House: Formed in 2022 as a "Maternity House" to provide temporary housing and support services to expectant homeless youth aged 16-22 in the Jackson, MS area. The Yellow House utilizes a Holistic Trauma Informed Care approach in order to help young expectant mothers make enduring, positive changes in their lives. The Program provides basic life necessities of housing, food and clothing, counseling, life skills, access to higher education, training in financial literacy, parenting classes and much more. This approach provides foundational building blocks for development, learning, and health throughout a each mom's lifetime.

Program 3
Expenses: $0 Revenue: $0

N/A

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $953,725
Program Service Revenue $49,191
Investment Income $214
Other Revenue $0
TOTAL REVENUE $1,003,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $218,995
Fundraising Expenses $0
Program Expenses $818,760
Other Expenses $599,765
TOTAL EXPENSES $818,760

Year-over-Year Comparison

2023 2022 Change
Revenue $1,003,130 $632,097 +0.6%
Expenses $818,760 $669,809 +0.2%
Net Income $184,370 $-37,712 -5.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
12

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
2
$0
Total Directors
3
$109,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PUTALAMUS WHITE BOARD CHAIR/CEO 60
Director
$109,000 $0 $109,000
MICHELLE JOHNSON VICE CHAIR 1
Director
$0 $0 $0
FAITH WHITE DIRECTOR 1
Director
$0 $0 $0
RUMEAL BEAL TREASURER 1
Officer
$0 $0 $0
EARLEAN LANDING SECRETARY 1
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 $1,003,130 $818,760 $1,844,358 $184,370
2022 $632,097 $669,809 $1,304,292 $-37,712
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