Mississippi Senior Olympics

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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

1987

Legal Domicile

Principal Officer

Cheryl Bell

Phone

2286692582

Tax Period

2023-01-01 to 2023-12-31

Mississippi Senior Olympics, founded in 1987, is a micro nonprofit in the Public & Societal Benefit sector that reported $22K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $205K exceeded revenue, resulting in a 826% operating deficit.

Mission

Mission and purpose is dedicated to increasing physical activity levels in Mississippi seniors, adults over age 50.

Program Service Accomplishments

Program 1

Expenses: $193,916 Revenue: $19,587

Mississippi Senior Olympics events were scheduled and held in the 2022 calender year

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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 $230

Program Service Revenue $19,587

Investment Income $2,289

Other Revenue $0

TOTAL REVENUE $22,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,916

Other Expenses $204,785

TOTAL EXPENSES $204,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$22,106	$108,388	-0.8%
Expenses	$204,785	$100,057	+1.0%
Net Income	$-182,679	$8,331	-22.9%

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

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
Cheryl Bell	Co-Chairman	1.00	Officer Director	$0	$0	$0
Glenda Carter	Registrar/Treasurer	N/A	Officer Director	$0	$0	$0
Andrea Robertson	Events Coordinator	N/A	Officer Director	$0	$0	$0
Don Cross	Member At Large	N/A	Director	$0	$0	$0
Carol Schneidmiller	Member At Large	N/A	Director	$0	$0	$0
Janet Meaut	Member At Large	N/A	Director	$0	$0	$0
James Alexander	Member At Large	N/A	Director	$0	$0	$0
Robert Williams	Member At Large	N/A	Director	$0	$0	$0
Jim Radford	Member At Large	N/A	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	$22,106	$204,785	$344,672	$-182,679
2022	$108,388	$100,057	$527,414	$8,331
2021	$19,111	$79,298	$518,502	$-60,187
2020	$117,938	$51,068	$578,151	$66,870
2019	$114,725	$71,086	$510,371	$43,639
2018	$122,699	$86,430	$467,121	$36,269