MISSISSIPPI TRAUMA CARE SYSTEM FOUNDATIO

EIN: 851230597 501(c)(3) Health Care

MADISON, MS

Total Revenue
$1,585,880
Total Expenses
$1,241,979
Total Assets
$9,694,140
Net Assets
$679,745
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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
RICHARD GRIMES
Phone
6013683201
Tax Period
2024-07-01 to 2025-06-30

MISSISSIPPI TRAUMA CARE SYSTEM FOUNDATIO, founded in 2019, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $344K, a strong 22% operating margin.

Mission

TO LESSEN AND MINIMIZE THE ADMINISTRATIVE AND COST BURDEN OF THE MISSISSIPPI DEPARTMENT OF HEALTH BY PROVIDING LEADERSHIP AND ADMINISTRATIVE SERVICES TO PROMOTE AND IMPROVE ADMINISTRATIVE EFFICIENCY, STRENGTHEN INFORMATION AND DATA REPORTING, COLLECTION ANALYSIS, AND COMPLIANCE ACROSS THE TRAUMA CARE SYSTEM; PROVIDE BOTH PROFESSIONAL AND LAY TRAUMA EDUCATION AND TRAINING AT VARIOUS LEVELS OF THE TRAUMA CARE SYSTEM; AND ENGAGE TRAUMA CARE SYSTEM PARTICIPANTS TO FACILITATE QUALITY ASSURANCE AND PERFORMANCE IMPROVEMENT WITHIN TRAUMA CARE FACILITIES.

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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 $1,203,060
Program Service Revenue $39,822
Investment Income $342,998
Other Revenue $0
TOTAL REVENUE $1,585,880

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $591,979
Other Expenses $1,241,979
TOTAL EXPENSES $1,241,979

Year-over-Year Comparison

2024 2023 Change
Revenue $1,585,880 $1,365,158 +0.2%
Expenses $1,241,979 $1,195,970 +0.0%
Net Income $343,901 $169,188 +1.0%
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

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Governance

Voting Members
13
Independent Members
9
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN WILSON PHD BOARD MEMBER 0.00
Director
$0 $0 $0
RICHARD WILLIAMS BOARD MEMBER 0.00
Director
$0 $0 $0
LEE MCCALL BOARD MEMBER 0.00
Director
$0 $0 $0
STEVE JACKSON BOARD MEMBER 0.00
Director
$0 $0 $0
ROBERT COLEMAN BOARD MEMBER 0.00
Director
$0 $0 $0
CHARLES PIGOTT MD BOARD MEMBER 0.00
Director
$0 $0 $0
ROBERT TURCOTTE RN BOARD MEMBER 0.00
Director
$0 $0 $0
KIM HOOVER VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
CHUCK CARTER BOARD MEMBER 0.00
Director
$0 $0 $0
JON SIMMONS MD BOARD MEMBER 0.00
Director
$0 $0 $0
MATT EDWARDS DIRECTOR 5.00
Officer Director
$0 $0 $0
BRIDGET WATKINS BOARD MEMBER 0.00
Director
$0 $0 $0
MATTHEW KUTCHER BOARD MEMBER 0.00
Director
$0 $0 $0
VICTORIA HICKERSON SECRETARY 2.00
Officer
$0 $0 $0
RICHARD GRIMES TREASURER 5.00
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 $1,585,880 $1,241,979 $9,694,140 $343,901
2024 $1,365,158 $1,195,970 $1,026,624 $169,188
2023 $1,340,618 $1,197,542 $7,164,059 $143,076
2022 $1,100,279 $1,090,638 $3,891,707 $9,641
2021 $992,151 $978,212 $6,449,636 $13,939
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