BALLOT ACCESS MISSISSIPPI

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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

2023

Legal Domicile

Principal Officer

SPENCE FLATGARD

Phone

6019651888

Tax Period

2024-07-01 to 2025-06-30

BALLOT ACCESS MISSISSIPPI, founded in 2023, is a small nonprofit that reported $635K in total revenue in fiscal year 2024.

Mission

THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, CIVIC OR SOCIAL WELFARE PURPOSES (OR ANY COMBINATION THEREOF) WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF 1986 AND THE REGULATIONS PROMULGATED THEREUNDER (THE "SECTION 50L(C)(4) ORGANIZATIONS" OF THE "CODE"), AND TO PROMOTE AND ADVANCE SUCH PURPOSES BY ANY ACTIVITY IN WHICH A CORPORATION ORGANIZED UNDER THE NONPROFIT CORPORATION LAW MAY ENGAGE. NOTWITHSTANDING ANY OTHER PROVISION OF THESE ARTICLES, THE CORPORATION SHALL NOT CARRY ON ANY OTHER ACTIVITIES NOT PERMITTED TO BE CARRIED ON BY A CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE CODE. WITHOUT LIMITING THE FOREGOING STATEMENT OF PURPOSES, THE PURPOSE OF THE CORPORATION IS TO PROMOTE THE COMMON GOOD AND GENERAL WELFARE OF THE STATE OF MISSISSIPPI AND ALL MISSISSIPPIANS BY EDUCATING AND PROMOTING MISSISSIPPIANS' CONSTITUTIONAL RIGHT TO BALLOT INITIATIVES AND RELATED PRINCIPLES.

Program Service Accomplishments

Program 1

Expenses: $635,311

THE ORGANIZATION PRODUCES AND DISTRIBUTES SOCIAL MEDIA IN PURSUIT OF ITS MISSION. FUNDS WERE PRIMARILY USED FOR CONSULTING AND MANAGEMENT TOWARDS THAT END.

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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 (2024)

Revenue Breakdown

Contributions & Grants $635,311

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $635,311

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $635,311

Other Expenses $625,311

TOTAL EXPENSES $635,311

Year-over-Year Comparison

	2024	2023	Change
Revenue	$635,311	N/A	N/A
Expenses	$635,311	N/A	N/A
Net Income	$0	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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SPENCE FLATGARD	CHAIRMAN	2.00	Officer Director	$0	$0	$0
AUSTIN BARBOUR	TREASURER	2.00	Officer Director	$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	$635,311	$635,311	No data	No data