ADVANCE MISSISSIPPI 2020 (EIN 843754974) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

RACHEL ALLEN

Phone

6018561544

Tax Period

2020-01-01 to 2020-12-31

ADVANCE MISSISSIPPI 2020, founded in 2019, is a small nonprofit that reported $223K in total revenue in fiscal year 2020. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $334K exceeded revenue, resulting in a 50% operating deficit.

Mission

TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE STATE OF MISSISSIPPI AND ALL MISSISSIPPIANS BY ORGANIZING AND IMPLEMENTING THE 2020 INAUGURATION OF LIEUTENANT GOVERNOR-ELECT DELBERT HOSEMANN AND OTHER CIVIC EVENTS PROMOTING THE GENERAL WELFARE OF MISSISSIPPI THROUGH FUNDING COSTS ASSOCIATED WITH HIS ASSUMING AND CONTINUING TO CARRY OUT THE RESPONSIBILITIES OF SUCH OFFICE AND WITH OTHER EVENTS INCIDENTAL THERETO THAT PROMOTE THE GENERAL WELFARE OF MISSISSIPPI.

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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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $223,049

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,049

Expense Breakdown

Grants Paid $170,713

Salaries & Benefits $25,000

Fundraising Expenses $0

Program Expenses $278,420

Other Expenses $138,382

TOTAL EXPENSES $334,095

Year-over-Year Comparison

	2020	2019	Change
Revenue	$223,049	$145,000	+0.5%
Expenses	$334,095	$33,954	+8.8%
Net Income	$-111,046	$111,046	-2.0%

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

Governance

Voting Members

Independent Members

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

$25,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD WILL LOOSER JR	EXECUTIVE DIRECTOR	0.01	Director	$0	$0	$0
CHRIS GEORGE GOURAS JR	SECRETARY	0.01	Officer	$0	$0	$0
RACHEL WOOD ALLEN	TREASURER	1.00	Officer	$25,000	$0	$25,000

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
2020	$223,049	$334,095	No data	$-111,046

ADVANCE MISSISSIPPI 2020