TRAILS OF MISSISSIPPI INC

EIN: 920520508 501(c)(3) Environment

MADISON, MS

Total Revenue
$82,843
Total Expenses
$46,101
Total Assets
$687,187
Net Assets
$36,838
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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
2022
Legal Domicile
MS
Principal Officer
MATT CLEM
Phone
6016131812
Tax Period
2023-01-01 to 2023-12-31

TRAILS OF MISSISSIPPI INC, founded in 2022, is a micro nonprofit in the Environment sector that reported $83K in total revenue in fiscal year 2023. The organization ran a surplus of $37K, a strong 44% operating margin.

Mission

TO DEVELOP PARKS, TRAILS, WATER WAYS AND GREENWAYS FOR THE BENEFIT OF PEOPLES AND THEIR COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $82,843
TOTAL REVENUE $82,843

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $20,048
Fundraising Expenses $0
Program Expenses $2,000
Other Expenses $24,053
TOTAL EXPENSES $46,101

Year-over-Year Comparison

2023 2022 Change
Revenue $82,843 N/A N/A
Expenses $46,101 N/A N/A
Net Income $36,742 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
3
Independent Members
3
Employees
18
Volunteers
10

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
3
$63,175
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS BISNETTE PRESIDENT 1.00
Officer Director
$0 $0 $0
CAMERON FARMER TREASURER/VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
MATT CLEM EXECUTIVE DIRECTOR 40.00
Officer
$63,175 $0 $63,175
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 No data No data No data No data
2023 $82,843 $46,101 $687,187 $36,742
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