MISSISSIPPI FIRST INC

EIN: 800310153 501(c)(3) Community Improvement

JACKSON, MS

Total Revenue
$1,751,107
Total Expenses
$4,647,928
Total Assets
$2,452,339
Net Assets
$1,937,500
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MS
Principal Officer
ANGELA BASS
Phone
6013989008
Tax Period
2024-07-01 to 2025-06-30

MISSISSIPPI FIRST INC, founded in 1982, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $4.6M exceeded revenue, resulting in a 165% operating deficit.

Mission

MISSISSIPPI FIRST CHAMPIONS TRANSFORMATIVE POLICY SOLUTIONS ENSURING EDUCATIONAL EXCELLENCE FOR EVERY MISSSISSIPPI CHILD.

Program Service Accomplishments

Program 1
Expenses: $4,218,243

PRE-K:- MISSISSIPPI FIRST PUBLISHED A BLENDED PRE-K TOOLKIT. THIS TOOLKIT IS NOW BEING USED TO RECRUIT SCHOOL DISTRICTS AND HEAD START GRANTEES.- MISSISSIPPI FIRST UPDATED AND PUBLISHED AN EARLY...

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PRE-K:- MISSISSIPPI FIRST PUBLISHED A BLENDED PRE-K TOOLKIT. THIS TOOLKIT IS NOW BEING USED TO RECRUIT SCHOOL DISTRICTS AND HEAD START GRANTEES.- MISSISSIPPI FIRST UPDATED AND PUBLISHED AN EARLY LEARNING COLLABORATIVE (ELC) TOOLKIT. THIS TOOLKIT IS USED TO SUPPORT OUR ONGOING ELC RECRUITMENT EFFORTS.- MISSISSIPPI FIRST FINALIZED THE RESEARCH PROCESS FOR THE FOURTH ITERATION OF THE STATE OF PRE-K SERIES, WHICH EXAMINES THE NUMBER, TYPE, AND QUALITY OF PRE-K PROGRAMS IN EACH COMMUNITY IN THE STATE. THE BRIEFS AND DASHBOARD ARE SLATED FOR PUBLICATION IN FY 26.- MISSISSIPPI FIRST PROVIDED ONGOING TECHNICAL ASSISTANCE TO THE MISSISSIPPI DEPARTMENT OF EDUCATION (MDE) TO SUPPORT THE IMPLEMENTATION OF THE EARLY LEARNING COLLABORATIVE (ELC) PRE-K PROGRAM.- MISSISSIPPI FIRST PUBLISHED A BIRTH-TO-FIVE POLICY AGENDA FOR FUTURE WORK.- MISSISSIPPI FIRST ADVOCATED FOR INCREASING THE ELC PROGRAM APPROPRIATION IF THE APPROPRIATE NUMBER OF PERSONNEL IDENTIFICATION NUMBERS (PINS) WOULD BE ALLOCATED BY THE LEGISLATURE. THE LEGISLATURE LEVEL-FUNDED THE ELC PROGRAM, A MOVE SUPPORTED BY MISSISSIPPI FIRST BECAUSE THE NUMBER OF PINS WAS NOT INCREASED.CHARTER SCHOOLS:- MISSISSIPPI FIRST PUBLISHED CHARTER PARENT FOCUS GROUPS REPORT.- MISSISSIPPI FIRST CONVENED CHARTER PARENT ADVISORY GROUP TO PROVIDE FEEDBACK ON DRAFT OF FOCUS GROUP REPORT.- MISSISSIPPI FIRST ADVOCATED FOR LEGISLATION TO IMPROVE CHARTER SCHOOL LAW.- MISSISSIPPI FIRST SOLIDIFIED COHORT 2 OF THE OPERATIONS RESIDENCY TO TRAIN OPERATIONS LEADERS IN CHARTER SCHOOLS.- MISSISSIPPI FIRST CREATED A PARENT ENGAGEMENT AND ADVOCACY CURRICULUM FOR PARENT INITIATIVE WORK AND TRAINED CHARTER SCHOOL LEADERSHIP FOR CURRICULUM IMPLEMENTATION BEGINNING SY2026.- MISSISSIPPI FIRST CONDUCTED FOCUS GROUPS AND A PARENT ADVISORY COMMITTEE TO PROVIDE INSIGHT INTO THE CHARTER POLLING FINDINGS.- MISSISSIPPI FIRST SUPPORTED IMPROVEMENT OF CHARTER SCHOOLS THROUGH QUALITY TECHNICAL ASSISTANCE. THIS TA RESULTED IN IMPACTFUL IMPROVEMENTS IN ELA IN SCHOOL GRADES FOR CHARTER SCHOOLS AT THE END OF THE 2024-2025 SCHOOL YEAR.- MISSISSIPPI FIRST LAUNCHED DISCOVER MS CHARTER SCHOOLS, A DIGITAL CAMPAIGN TO PROMOTE MORE CHARTER SCHOOL AWARENESS WITHIN THE STATE.- MISSISSIPPI FIRST PROVIDED SCHOOL LAUNCH SUPPORT FOR CLARKSDALE COLLEGIATE HIGH SCHOOL, THE STATE'S FIRST CHARTER HIGH SCHOOL THAT OPENS FALL 2025.- MISSISSIPPI FIRST ENGAGED PARENTS IN TRAINING AND OTHER ORGANIZING ACTIVITIES.- MISSISSIPPI FIRST CONTINUED THE DISTRICT-CHARTER COMMUNITY OF PRACTICE (COP), AND THEIR PROJECTS.TEACHERS AND LEADERS:- MISSISSIPPI FIRST CONDUCTED 2025 TEACHER SURVEY OF PUBLIC SCHOOL TEACHERS ACROSS MISSISSIPPI.- MISSISSIPPI FIRST DRAFTED TEACHER PIPELINE REPORTED WITH NEW RECOMMENDATIONS FOR LEGISLATORS, SLATED FOR PUBLICATION IN FY26.FUTURE OF SCHOOLS:- MISSISSIPPI FIRST PUBLISHED EVIDENCE-BASED INTERVENTIONS TO LEVERAGE MSFF FUNDS.- MISSISSIPPI FIRST ADVOCATED FOR LEGISLATION TO FIX ERRORS IN MSFF LAW.- MISSISSIPPI FIRST CONTINUED TO SUPPORT PUBLIC SCHOOLS BY PROVIDING ADVICE AND EXPERTISE TO POLICYMAKERS.- MISSISSIPPI FIRST BEGAN THE PROCESS OF GATHERING DATA FOR AN ANALYSIS OF HOW SCHOOL DISTRICTS HAVE RESPONDED TO TRANSITION TO THE MSFF.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,705,689
Program Service Revenue $0
Investment Income $45,418
Other Revenue $0
TOTAL REVENUE $1,751,107

Expense Breakdown

Grants Paid $2,575,276
Salaries & Benefits $904,773
Fundraising Expenses $17,014
Program Expenses $4,218,243
Other Expenses $1,167,879
TOTAL EXPENSES $4,647,928

Year-over-Year Comparison

2024 2023 Change
Revenue $1,751,107 $996,445 +0.8%
Expenses $4,647,928 $2,877,802 +0.6%
Net Income $-2,896,821 $-1,881,357 +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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Governance

Voting Members
4
Independent Members
4
Employees
9
Volunteers
4

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
$202,465
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM ABRAM CHAIR 1.00
Officer Director
$0 $0 $0
CATORIA MARTIN ESQ TREASURER 1.00
Officer Director
$0 $0 $0
KATE GLUCKMAN BOARD MEMBER 1.00
Director
$0 $0 $0
KI HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL CANTER FORMER EXECUTIVE DIRECTOR 40.00
Officer
$185,493 $16,972 $202,465
TOREN H BALLARD DIRECTOR 1.00
Highest
$101,825 $6,898 $108,723
MICAYLA R TATUM DIRECTOR 1.00
Highest
$100,629 $10,165 $110,794
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 $1,751,107 $4,647,928 $2,452,339 $-2,896,821
2024 $996,445 $2,877,802 $5,134,021 $-1,881,357
2023 $465,618 $2,417,234 $6,956,517 $-1,951,616
2022 $8,796,715 $761,856 $8,768,110 $8,034,859
2021 $1,024,990 $925,338 $657,428 $99,652
2020 $1,241,137 $1,153,062 $573,126 $88,075
2019 $1,480,787 $1,873,064 $425,224 $-392,277
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