MV NATCHEZ INC

EIN: 932921489 501(c)(3)

BATON ROUGE, LA

Total Revenue
$247,573
Total Expenses
$319,526
Total Assets
$1,270,889
Net Assets
$-71,953
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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
MS
Principal Officer
RICHARD T DASPIT SR
Phone
2259064646
Tax Period
2023-08-18 to 2023-12-31

MV NATCHEZ INC, founded in 2023, is a small nonprofit that reported $248K in total revenue in fiscal year 2023. Expenses of $320K exceeded revenue, resulting in a 29% operating deficit.

Mission

OPERATES A 46-BED PERSONAL CARE FACILITY IN NATCHEZ, 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $246,294
Investment Income $910
Other Revenue $369
TOTAL REVENUE $247,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $170,164
Fundraising Expenses $0
Program Expenses $233,877
Other Expenses $149,362
TOTAL EXPENSES $319,526

Year-over-Year Comparison

2023 2022 Change
Revenue $247,573 N/A N/A
Expenses $319,526 N/A N/A
Net Income $-71,953 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
7
Independent Members
6
Employees
21
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
3
$266,081
Total Directors
3
$266,081
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD T DASPIT SR PRESIDENT 35.00
Officer Director
$0 $6,528 $246,081
DANIEL HUGHES VICE PRESIDENT 5.00
Officer Director
$0 $0 $12,000
JULIAN JAY MASSEY SECRETARY TREASURER 5.00
Officer Director
$0 $0 $8,000
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
2024 No data No data No data No data
2023 $247,573 $319,526 $1,270,889 $-71,953
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