MISSISSIPPI MEDICAL EDUCATION AND RESEARCH CONSORTIUM

EIN: 831876792 501(c)(3) Health Care

GREENVILLE, MS

Total Revenue
$37,238
Total Expenses
$64,008
Total Assets
$59,608
Net Assets
$59,608
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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
2018
Principal Officer
COURTNEY PHILLIPS
Phone
6627251384
Tax Period
2023-07-01 to 2024-06-30

MISSISSIPPI MEDICAL EDUCATION AND RESEARCH CONSORTIUM, founded in 2018, is a micro nonprofit in the Health Care sector that reported $37K in total revenue in fiscal year 2023. Expenses of $64K exceeded revenue, resulting in a 72% operating deficit.

Mission

TO INCREASE THE NUMBER OF PHYSICIANS IN THE RURAL AND UNDERSERVED AREAS OF MISSISSIPPI THROUGH THE DEVELOPMENT AND PROVISION OF EDUCATION AND RESEARCH PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $58,966

A PRINCIPAL FUNCTION OF MSMERC IS THAT IT SERVES AS THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION'S (ACGME) SPONSORING INSTITUTION FOR MISSISSIPPI DELTA FAMILY MEDICINE RESIDENCY PROGRAM...

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A PRINCIPAL FUNCTION OF MSMERC IS THAT IT SERVES AS THE ACCREDITATION COUNCIL FOR GRADUATE MEDICAL EDUCATION'S (ACGME) SPONSORING INSTITUTION FOR MISSISSIPPI DELTA FAMILY MEDICINE RESIDENCY PROGRAM. AFTER RECEIVING ACGME INITIAL ACCREDITATION IN EARLY 2020, MSMERC'S DELTA FAMILY MEDICINE BEGAN TO PARTICIPATE IN THE NATIONAL RESIDENCY MATCH MATCH PROGRAM (NRMP. EACH YEAR, THE FAMILY MEDICAL PROGRAM HAS SUCCESSFULLY MATCHED GRADUATING MEDICAL STUDENTS. THE 3 CLASSES OF TRAINEES HAVE LOCATED IN THE GREENVILLE, MS COMMUNITY. ALONG WITH ACADEMIC OVERSIGHT MSMERC ASSISTED WITH RECRUITMENT OF THE THE RESIDENT TRAINING CLASSES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $37,238
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $37,238

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $58,966
Other Expenses $64,008
TOTAL EXPENSES $64,008

Year-over-Year Comparison

2023 2022 Change
Revenue $37,238 $34,600 +0.1%
Expenses $64,008 $31,176 +1.1%
Net Income $-26,770 $3,424 -8.8%
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
3
Independent Members
3
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COURTNEY PHILLIPS PRESIDENT N/A
Officer Director
$0 $0 $0
IRIS YELDELL STACKER SEC/TREAS N/A
Officer 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 No data No data No data No data
2024 $37,238 $64,008 $59,608 $-26,770
2023 $34,600 $31,176 $86,378 $3,424
2022 $38,684 $25,259 $82,954 $13,425
2021 $6,080 $64,203 $69,529 $-58,123
2020 $243,756 $244,509 $135,683 $-753
2019 $241,678 $113,273 $129,149 $128,405
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