EAST CENTRAL COMMUNITY COLLEGE FOUNDATION

EIN: 640869444 501(c)(3) Philanthropy & Grantmaking

DECATUR, MS

Total Revenue
$1,620,428
Total Expenses
$1,388,649
Total Assets
$10,747,674
Net Assets
$10,683,250
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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
1997
Legal Domicile
MS
Principal Officer
MICKEY VANCE
Phone
6016356208
Tax Period
2024-07-01 to 2025-06-30

EAST CENTRAL COMMUNITY COLLEGE FOUNDATION, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $1.4M left a modest 14% surplus.

Mission

TO ASSIST INDIVIDUALS IN PURSUING THEIR COLLEGIATE EDUCATION AND TRAINING BY PROVIDING SCHOLARSHIPS AND AWARDS TO INDIVIDUALS ON THE BASIS OF ACADEMIC ACHIEVEMENT AND NEED.

Program Service Accomplishments

Program 1
Expenses: $541,669

ALLOWED ORGANIZATION TO PROVIDE SCHOLARSHIPS AND TRAINING TO SEVERAL INDIVIDUALS WHO ATTENDED EAST CENTRAL COMMUNITY COLLEGE

Program 2
Expenses: $846,755

CREATED A BETTER ENVIRONMENT AND INCREASE THE VALUE OF THE EDUCATIONAL EXPERIENCE OF THOSE STUDENTS ATTENDING EAST CENTRAL COMMUNITY COLLEGE

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,221,490
Program Service Revenue $0
Investment Income $500,551
Other Revenue $-101,613
TOTAL REVENUE $1,620,428

Expense Breakdown

Grants Paid $310,412
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,388,424
Other Expenses $1,078,237
TOTAL EXPENSES $1,388,649

Year-over-Year Comparison

2024 2023 Change
Revenue $1,620,428 $1,780,107 -0.1%
Expenses $1,388,649 $1,271,047 +0.1%
Net Income $231,779 $509,060 -0.5%
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

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Governance

Voting Members
13
Independent Members
13
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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BOYDSTUN MEMBER N/A
Director
$0 $0 $0
MELISSA THRASH CARLETON MEMBER N/A
Director
$0 $0 $0
AUBRY COX VICE CHAIRMA N/A
Director
$0 $0 $0
BILLY BLUE CLEVELAND MEMBER N/A
Director
$0 $0 $0
DR BRENT GREGORY EX OFFICIO M N/A
Officer Director
$0 $0 $0
DR JIMMY HOLLINGSWORTH EX OFFICIO M N/A
Director
$0 $0 $0
CAROLYN COOK HUEY MEMBER N/A
Director
$0 $0 $0
STACEY HOLLINGWORTH ECCC EXECUTI N/A
Director
$0 $0 $0
KEN GORDON JR MEMBER N/A
Director
$0 $0 $0
PHILIP PRINCE MEMBER N/A
Director
$0 $0 $0
GILBERT THOMPSON CHAIRMAN N/A
Officer Director
$0 $0 $0
MICKEY VANCE SECRETARY-TR N/A
Officer 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
2025 $1,620,428 $1,388,649 $10,747,674 $231,779
2024 $1,780,107 $1,271,047 $10,472,934 $509,060
2023 $1,090,991 $796,181 $10,024,154 $294,810
2022 $1,016,998 $410,869 $9,534,155 $606,129
2021 $933,804 $269,304 $10,195,535 $664,500
2020 $581,774 $404,833 $8,894,687 $176,941
2019 $783,178 $705,970 $8,588,600 $77,208
2018 $694,800 $419,515 $8,358,436 $275,285
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