MISSISSIPPI VOTES ACTION FUND CORPORATION

EIN: 872312409 Civil Rights & Advocacy

JACKSON, MS

Total Revenue
$894,044
Total Expenses
$546,380
Total Assets
$1,635,467
Net Assets
$1,634,111
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MS
Principal Officer
AREKIA BENNETT-SCOTT
Phone
6015890502
Tax Period
2024-01-01 to 2024-12-31

MISSISSIPPI VOTES ACTION FUND CORPORATION, founded in 2021, is a small nonprofit in the Civil Rights & Advocacy sector that reported $894K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $348K, a strong 39% operating margin.

Mission

TO PROMOTE SOCIAL WELFARE INCLUDING BUT NOT LIMITED TO: 1) DEVELOPING AND ADVOCATING FOR LEGISLATION, REGULATIONS, AND OTHER GOVERNMENT PROGRAMS RELATED TO ELECTIONS AND VOTING RIGHTS AND 2) ENGAGING WITH PUBLIC OFFICIALS AND THE GENERAL PUBLIC TO PROMOTE AWARENESS AND STIMULATE ACTION RELATING TO THESE PUBLIC POLICY ISSUES.

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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 $893,943
Program Service Revenue $0
Investment Income $101
Other Revenue $0
TOTAL REVENUE $894,044

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $489,912
Other Expenses $546,380
TOTAL EXPENSES $546,380

Year-over-Year Comparison

2024 2023 Change
Revenue $894,044 $1,388,707 -0.4%
Expenses $546,380 $252,046 +1.2%
Net Income $347,664 $1,136,661 -0.7%
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
9
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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX LAWSON CHAIR 2.00
Officer Director
$0 $0 $0
FELICIA BROWN-WILLIAMS VICE CHAIR 2.00
Officer Director
$0 $0 $0
VIDHI BAMZAI SECRETARY 2.00
Officer Director
$0 $0 $0
BLAKE FELDMAN TREASURER 1.00
Officer Director
$0 $0 $0
PORSHALAIN WHITE DIRECTOR 1.00
Director
$0 $0 $0
JAKE MCGRAW DIRECTOR 1.00
Director
$0 $0 $0
REENA EVERS-EVERETTE DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER COX DIRECTOR 1.00
Director
$0 $0 $0
JUSTINE SARVER DIRECTOR 1.00
Director
$0 $0 $0
AREKIA BENNETT-SCOTT EXECUTIVE DIRECTOR 40.00
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
2024 $894,044 $546,380 $1,635,467 $347,664
2023 $1,388,707 $252,046 $1,286,818 $1,136,661
2022 $76,626 $7,678 $75,658 $68,948
2022 $86,002 $5,164 $152,786 $80,838
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