Mississippi Harm Reduction Initiative

EIN: 843640997 501(c)(3) Mental Health

Jackson, MS

Total Revenue
$272,586
Total Expenses
$281,563
Total Assets
$27,355
Net Assets
$-8,977
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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
2019
Legal Domicile
MS
Principal Officer
Angela Mallette
Phone
6019660116
Tax Period
2024-01-01 to 2024-12-31

Mississippi Harm Reduction Initiative, founded in 2019, is a small nonprofit in the Mental Health sector that reported $273K in total revenue in fiscal year 2024.

Mission

Provide support services in the State of Mississippi to ensure every person touched by substance abuse has access to programs that promote health, dignity, and thriving.

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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 $265,752
Program Service Revenue $6,834
Investment Income $0
Other Revenue $0
TOTAL REVENUE $272,586

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,715
Fundraising Expenses $1,200
Program Expenses $239,175
Other Expenses $141,848
TOTAL EXPENSES $281,563

Year-over-Year Comparison

2024 2023 Change
Revenue $272,586 N/A N/A
Expenses $281,563 N/A N/A
Net Income $-8,977 N/A N/A
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
4
Independent Members
4
Employees
6
Volunteers
24

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
0
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason McCarty Executive Director 40.00
$39,423 $0 $39,423
Stacey Howard Board President 1.00
Director
$0 $0 $0
Harya Tarekegn Board Treasurer 1.00
Director
$0 $0 $0
Love Latonia Smith Board Member 1.00
Director
$0 $0 $0
Lee Clark Malouf Board Member 1.00
Director
$0 $0 $0
Angela Mallette Executive Director 10.00
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
2024 $272,586 $281,563 $27,355 $-8,977
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