CHILDREN'S FOUNDATION OF MISSISSIPPI

EIN: 831998379 501(c)(3) Youth Development

JACKSON, MS

Total Revenue
$1,461,557
Total Expenses
$1,424,540
Total Assets
$455,370
Net Assets
$233,424
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MS
Principal Officer
DR LINDA H SOUTHWARD
Phone
6019829050
Tax Period
2024-01-01 to 2024-12-31

CHILDREN'S FOUNDATION OF MISSISSIPPI, founded in 2019, is a community nonprofit in the Youth Development sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum.

Mission

TO IMPROVE THE WELL-BEING OF MISSISSIPPI'S CHILDREN THROUGH THE DESIGN, PROMOTION AND IMPROVEMENT OF SYSTEMS AND SERVICES.

Program Service Accomplishments

Program 1
Expenses: $1,322,807 Revenue: $20,658

LIVING UP TO ITS MISSION TO IMPROVE THE LIVES OF CHILDREN BY SHAPING BETTER SYSTEMS, FOSTERING COLLABORATION ACROSS COMMUNITIES, AND DRIVING MEANINGFUL, DATA-INFORMED CHANGES, THE CHILDREN'S...

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LIVING UP TO ITS MISSION TO IMPROVE THE LIVES OF CHILDREN BY SHAPING BETTER SYSTEMS, FOSTERING COLLABORATION ACROSS COMMUNITIES, AND DRIVING MEANINGFUL, DATA-INFORMED CHANGES, THE CHILDREN'S FOUNDATION OF MISSISSIPPI (CFM) SPENT 2024 CONDUCTING SUBGRANT RESEARCH FOR THE FEDERAL PRESCHOOL DEVELOPMENT GRANT (PDG) B-5 GRANT AND SUPPORTING 24 EARLY CHILDHOOD COUNCILS, HOSTED ITS ANNUAL SUMMIT FOR OVER 250 ATTENDEES, CONDUCTED 64 PROFESSIONAL DEVELOPMENT/CAPACITY BUILDING AND CONVENING OPPORTUNITIES FOR COMMUNITIES, PARTNERS AND PARENTS, AND HOSTED 3 DEVELOPMENTAL SCREENING EVENTS ACROSS THE STATE. OVER 200 COMMUNICATION TOOLS WERE DEVELOPED AND USED TO SHARE CONTENT WITH STAKEHOLDERS, INCLUDING ONE-PAGERS, PODCASTS, WEBINARS, AND SOCIAL MEDIA POSTS. CFM PRODUCED POLICY BRIEFS ON EARLY INTERVENTION AND MENTAL HEALTH AND THE 2024 KIDS COUNT FACTBOOK AND LEGISLATIVE CALENDAR. OVER 20 COLLABORATIVE GRANTS WERE WRITTEN AND RESOURCES WERE PROVIDED TO EARLY CHILDHOOD COUNCILS. SEVEN COMMUNITY-BASED NEEDS ASSESSMENTS WERE CONDUCTED. 107 CHILDREN WERE ENROLLED IN KIDS TO COLLEGE, A COLLEGE SAVINGS ACCOUNT PROGRAM IN PARTNERSHIP WITH ENTERGY. CFM DATA WAS USED IN GRANT WRITING ACROSS THE STATE, RESULTING IN $52 MILLION OVER A 3-YEAR PERIOD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,440,899
Program Service Revenue $20,658
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,461,557

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $414,118
Fundraising Expenses $58,510
Program Expenses $1,322,807
Other Expenses $995,422
TOTAL EXPENSES $1,424,540

Year-over-Year Comparison

2024 2023 Change
Revenue $1,461,557 $700,572 +1.1%
Expenses $1,424,540 $770,415 +0.8%
Net Income $37,017 $-69,843 -1.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
6
Volunteers
6

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
4
$107,625
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLA EVERS PHD DIRECTOR 1.00
Director
$0 $0 $0
DR MARY CURRIER DIRECTOR 1.00
Director
$0 $0 $0
JUSTICE RANDY G PIERCE JD DIRECTOR 2.00
Director
$0 $0 $0
DAVE DENNIS PRESIDENT 2.00
Officer Director
$0 $0 $0
PATRICIA MARSHALL JD SECRETARY 2.00
Officer Director
$0 $0 $0
SAMMY MOON TREASURER 2.00
Officer Director
$0 $0 $0
RALPH JACKSON DIRECTOR 1.00
Director
$0 $0 $0
KAREN NORWOOD-BAILEY DIRECTOR 1.00
Director
$0 $0 $0
JOHN HUDSON DIRECTOR 1.00
Director
$0 $0 $0
LINDA SOUTHWARD EXECUTIVE DIRECTOR 40.00
Officer
$107,625 $0 $107,625
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 $1,461,557 $1,424,540 $455,370 $37,017
2023 $700,572 $770,415 $391,301 $-69,843
2022 $554,789 $511,166 $374,644 $43,623
2021 $218,402 $330,509 $267,284 $-112,107
2020 $461,181 $249,460 $352,751 $211,721
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