MISSISSIPPI STATE UNIVERSITY ADVANCED RESEARCH AND DEVELOPMENT

EIN: 813934085 501(c)(3) Education

MISSISSIPPI STATE, MS

Total Revenue
$10,456,376
Total Expenses
$10,662,635
Total Assets
$339,422
Net Assets
$132,102
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MS
Principal Officer
MARC MCGEE
Phone
6623254115
Tax Period
2024-07-01 to 2025-06-30

MISSISSIPPI STATE UNIVERSITY ADVANCED RESEARCH AND DEVELOPMENT, founded in 2016, is a mid-sized nonprofit in the Education sector that reported $10.5M in total revenue in fiscal year 2024. Revenue surged 478% from the prior year, signaling strong growth momentum.

Mission

TO ENCOURAGE, PROMOTE, AND SUPPORT ACTIVITIES RELATED TO THE DEVELOPMENT OF NEW TECHNOLOGIES & RESEARCH THAT IS IN THE PUBLIC INTEREST IN ASSOCIATION WITH MISSISSIPPI STATE UNIVERSITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,422,296
Program Service Revenue $0
Investment Income $7,790
Other Revenue $26,290
TOTAL REVENUE $10,456,376

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,293
Fundraising Expenses $0
Program Expenses $10,508,521
Other Expenses $10,619,342
TOTAL EXPENSES $10,662,635

Year-over-Year Comparison

2024 2023 Change
Revenue $10,456,376 $1,807,842 +4.8%
Expenses $10,662,635 $1,535,389 +5.9%
Net Income $-206,259 $272,453 -1.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
1
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
$31,992
Total Directors
8
$169,160
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LES POTTS BOARD MEMBER 0.00
Director
$0 $0 $0
DAVID SHAW BOARD MEMBER 0.00
Director
$0 $0 $0
JOHN RUSH BOARD MEMBER 0.00
Director
$0 $0 $0
JERRY TONEY BOARD MEMBER 0.00
Director
$0 $0 $0
MIKE HAINSEY BOARD MEMBER 0.00
Director
$0 $0 $0
BRIAN USEFORGE BOARD MEMBER 0.00
Director
$0 $0 $0
ADAM MURRAY BOARD MEMBER 0.00
Director
$0 $0 $0
MARC MCGEE DIRECTOR 2.00
Director
$0 $0 $169,160
KEITH COBLE VICE PRESIDENT 0.00
Officer
$0 $0 $0
JULIE JORDAN PRESIDENT 1.00
Officer
$31,992 $0 $31,992
JOAN LUCAS SECRETARY/GENERAL COUNSEL 0.00
Officer
$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 $10,456,376 $10,662,635 $339,422 $-206,259
2024 $1,807,842 $1,535,389 $674,190 $272,453
2023 $11,067,717 $11,066,521 $353,058 $1,196
2022 $2,510,456 $2,440,111 $152,381 $70,345
2021 $275,927 $229,706 $50,095 $46,221
2020 $563,552 $555,141 $156,777 $8,411
2019 $414,823 $425,409 $349,088 $-10,586
Explore More Nonprofits
→Top 100 Nonprofits in Mississippi →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MISSISSIPPI STATE UNIVERSITY ADVANCED RESEARCH AND DEVELOPMENT with other nonprofits in Mississippi and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.