MISSISSIPPI HOMEBUYER EDUCATION CENTER MHI (EIN 640941132) - 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

2001

Legal Domicile

Principal Officer

MONICA SHEPHERD

Tax Period

2021-01-01 to 2021-12-31

MISSISSIPPI HOMEBUYER EDUCATION CENTER MHI, founded in 2001, is a small nonprofit that reported $270K in total revenue in fiscal year 2021. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $254K left a modest 6% surplus.

Mission

To make housing affordable by eliminating barriers to homeownership throughout the Southeast Region of the United States.

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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 (2021)

Revenue Breakdown

Contributions & Grants $258,908

Program Service Revenue $11,213

Investment Income $0

Other Revenue $0

TOTAL REVENUE $270,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $188,471

Fundraising Expenses $0

Program Expenses $253,810

Other Expenses $65,339

TOTAL EXPENSES $253,810

Year-over-Year Comparison

	2021	2020	Change
Revenue	$270,121	$228,197	+0.2%
Expenses	$253,810	$215,776	+0.2%
Net Income	$16,311	$12,421	+0.3%

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

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
WILLIE MOTT	PRESIDENT	1.00	Director	$0	$0	$0
IVAN KIANI	MEMBER	1.00	Director	$0	$0	$0
GREG THOMPSON	MEMBER	1.00	Director	$0	$0	$0
CYNTHIA THOMAS-BOONE	VICE PRESIDENT	1.00	Director	$0	$0	$0
DAVID JACKSON	VICE CHAIRMAN	1.00	Director	$0	$0	$0
OTTOWA CARTER	MEMBER	1.00	Director	$0	$0	$0
C ERIC RICK EADES	BOARD CHAIRMAN	1.00	Director	$0	$0	$0
MONICA SHEPHERD	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
JASON BROOKINS	TREASURER	1.00	Officer	$0	$0	$0
MARCI BIGELOW	MEMBER	1.00	Key Emp	$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
2021	$270,121	$253,810	$52,932	$16,311
2019	$159,172	$158,335	$24,200	$837
2017	$547,410	$393,033	$170,424	$154,377

MISSISSIPPI HOMEBUYER EDUCATION CENTER MHI