STONE COUNTY ECONOMIC DEVELOPMENT PTR

EIN: 640926297 Community Improvement

WIGGINS, MS

Total Revenue
$1,257,870
Total Expenses
$1,036,990
Total Assets
$2,276,663
Net Assets
$2,206,635
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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
2000
Legal Domicile
MS
Principal Officer
PATTI SAIA
Phone
6019285418
Tax Period
2024-10-01 to 2025-09-30

STONE COUNTY ECONOMIC DEVELOPMENT PTR, founded in 2000, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. The organization ran a surplus of $221K, a strong 18% operating margin.

Mission

PROMOTE ECONOMIC DEVELOPMENT

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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 $828,542
Program Service Revenue $0
Investment Income $429,328
Other Revenue $0
TOTAL REVENUE $1,257,870

Expense Breakdown

Grants Paid $0
Salaries & Benefits $158,974
Fundraising Expenses $0
Other Expenses $878,016
TOTAL EXPENSES $1,036,990

Year-over-Year Comparison

2024 2023 Change
Revenue $1,257,870 $1,205,013 +0.0%
Expenses $1,036,990 $854,458 +0.2%
Net Income $220,880 $350,555 -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

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Governance

Voting Members
15
Independent Members
15
Employees
5
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
0
$0
Total Directors
17
$98,248
Key Employees
1
$98,248
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN ARGUELLES DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE JACKSON DIRECTOR 1.00
Director
$0 $0 $0
BRAD BAILEY DIRECTOR 1.00
Director
$0 $0 $0
RICHARD BOWMAN DIRECTOR 1.00
Director
$0 $0 $0
JODY MILES DIRECTOR 1.00
Director
$0 $0 $0
RAVEN JAMES DIRECTOR 1.00
Director
$0 $0 $0
DARRELL BERRY DIRECTOR 1.00
Director
$0 $0 $0
LADD TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
MARILYN MONROE DIRECTOR 1.00
Director
$0 $0 $0
PATTI SAIA CHAIR 1.00
Director
$0 $0 $0
HEATHER HOLLIMAN DIRECTOR 1.00
Director
$0 $0 $0
BOYD WEST DIRECTOR 1.00
Director
$0 $0 $0
LAYLA ESSARY EXECUTIVE DIRECTOR/EMPLOYEE 40.00
Director Key Emp Highest
$98,248 $0 $98,248
RONALD HOWARD DIRECTOR 1.00
Director
$0 $0 $0
BILL WHITFIELD DIRECTOR 1.00
Director
$0 $0 $0
PAUL HARDY VICE CHAIR 1.00
Director
$0 $0 $0
BILLY MCCRARY SEC/TREAS 1.00
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 $1,257,870 $1,036,990 $2,276,663 $220,880
2024 $1,205,013 $854,458 $2,575,537 $350,555
2023 $1,073,400 $633,034 $2,146,147 $440,366
2022 $658,124 $463,143 $1,781,209 $194,981
2021 $656,874 $765,746 $1,654,540 $-108,872
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