M B SWAYZE EDUCATIONAL FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- M B SWAYZE EDUCATIONAL FOUNDATION (EIN 64-0602140)
- Tax period
- 2013-05-01 to 2014-04-30
- Filed
- 2014-10-03
- IRS object ID
- 201442769349300919
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-03T16:06:57-05:00 | ReturnTs |
| Tax Period End | 2014-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 640751580 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILSON & BIGGS PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 930 | AddressLine1 |
| City | RIDGELAND | City |
| State | MS | State |
| ZIP Code | 39158 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640602140 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MB SWAYZE EDUCATIONAL FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MBSW | BusinessNameControlTxt |
| Phone | 6019690022 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 23276 | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39225 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BLAKE WILSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6019690022 | PhoneNum |
| Signature | 2014-10-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GEORGE M BIGGS JR | PreparerPersonNm |
| PTIN | P00912499 | PTIN |
| Phone | 6019572001 | PhoneNum |
| Preparation | 2014-10-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BLAKE WILSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 23276 | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39225 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,051,643 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MSMEC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | TO ENCOURAGE SUPPORT FOR QUALITY EDUCATION IN MISSISSIPPI; TO IDENTIFY, EDUCATE, AND MOTIVATE LEADERS WHO CAN MAKE A SIGNIFICANT CONTRIBUTION TO THE DEVELOPMENT OF MISSISSIPPI; AND TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES SUCH AS TAXATION , ECONOMIC DEVELOPMENT, COMPETITIVENESS, EDUCATION, GOVERNMENTAL ACCOUNTABILITY , AND OTHER MATTERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $85,750 | PYContributionsGrantsAmt |
| CY Contributions Grants | $842,471 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $204,440 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $209,155 | CYProgramServiceRevenueAmt |
| PY Investment Income | $55 | PYInvestmentIncomeAmt |
| CY Investment Income | $17 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $290,245 | PYTotalRevenueAmt |
| CY Total Revenue | $1,051,643 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $461,604 | PYOtherExpensesAmt |
| CY Other Expenses | $655,958 | CYOtherExpensesAmt |
| PY Total Expenses | $461,604 | PYTotalExpensesAmt |
| CY Total Expenses | $655,958 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$171,359 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $395,685 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $46,746 | TotalAssetsBOYAmt |
| Total Assets EOY | $383,283 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $810,943 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $751,755 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$764,197 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$368,472 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ENCOURAGE SUPPORT FOR QUALITY EDUCATION IN MISSISSIPPI; TO IDENTIFY, EDUCATE, AND MOTIVATE LEADERS WHO CAN MAKE A SIGNIFICANT CONTRIBUTION TO THE DEVELOPMENT OF MISSISSIPPI; AND TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES SUCH AS TAXATION , ECONOMIC DEVELOPMENT, COMPETITIVENESS, EDUCATION, GOVERNMENTAL ACCOUNTABILITY , AND OTHER MATTERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $90,451 | ExpenseAmt |
| Desc | STAR/EDUCATION CELEBRATION-RECOGNITION OF OUTSTANDING TEACHERS & STUDENTS AND ADVANCEMENT OF EDUCATION IN THE STATE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $186,093 | ExpenseAmt |
| Desc | LEADERSHIP MISSISSIPPI-TRAINING OF YOUNG LEADERS FOR FUTURE SERVICE TO THE COMMUNITY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $354,357 | ExpenseAmt |
| Desc | BLUEPRINT MISSISSIPPI-TO CREATE A BLUEPRINT THAT PROVIDES AN OPPORTUNITY FOR CONTINUOUS AND SIGNIFICANT IMPROVEMENTS IN THE STANDARD OF LIVING ACROSS ALL REGIONS OF MISSISSIPPI. THE PROGRAM WILL NUTURE THE BUSINESS CLIMATE,IMPROVE EDUCATION AND ADVANCE ECONOMIC DEVELOPMENT THROUGH A PARTNERSHIP AMONG BUSINESS, EDUCATION AND GOVERNMENT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $630,901 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BLAKE WILSON | PersonNm |
| Phone | 6019690022 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 23276 | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| PAUL BERTUCCI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR JACQUELINE BEASLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN HAIRSTON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GERARD HOST | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |
| ROBIN ROBINSON | |||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | 2.00 | Yes (X) |
| DAVID GATES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |
| WILLIAM YATES III | |||||||
| VICE CHAIRMA | 2.00 | Yes (X) | $0 | $0 | $0 | 1.00 | Yes (X) |
| GLORIA B JOHNSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JACK R REED JR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |
| MELANIE MORGAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REBECCA LEE WIGGS | |||||||
| CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| TOMMY DULANEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |
| WILLIAM JACOBS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| HALEY FISACKERLY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | 2.00 | |
| BLAKE WILSON | |||||||
| PRESIDENT | 4.67 | $0 | $0 | $0 | 30.66 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DELOITTE CONSULTING LLP | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 SOUTH SIXTH STREET | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | CONTRACT SER. | ServicesDesc |
| Compensation | $267,039 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $842,471 | AllOtherContributionsAmt |
| Total Contributions | $842,471 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|
| LEADERSHIP MS. | $130,945 | $130,945 | |
| EDUCATION CELEBRATION | $34,600 | $34,600 | |
| LEADERSHIP MS. | $27,700 | $27,700 | |
| EDUCATION CELEBRATION | $15,910 | $15,910 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $209,155 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17 | TotalRevenueColumnAmt |
| Exclusion | $17 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,051,643 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $146,855 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $62,317 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,226 | TotalAmt |
| Management And General | $8,226 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $192,911 | TotalAmt |
| Program Services | $177,520 | ProgramServicesAmt |
| Management And General | $15,391 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,709 | TotalAmt |
| Program Services | $2,560 | ProgramServicesAmt |
| Management And General | $149 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,337 | TotalAmt |
| Program Services | $6,933 | ProgramServicesAmt |
| Management And General | $404 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,583 | TotalAmt |
| Program Services | $6,221 | ProgramServicesAmt |
| Management And General | $362 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| MS COMPETITIVENESS STUDY | $267,039 | $267,039 |
| LEADERSHIP MS | $135,666 | $135,666 |
| STAR | $17,250 | $17,250 |
| EDUCATION CELEBRATION | $8,710 | $8,710 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,527 | TotalAmt |
| Program Services | $9,002 | ProgramServicesAmt |
| Management And General | $525 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $655,958 | TotalAmt |
| Program Services | $630,901 | ProgramServicesAmt |
| Management And General | $25,057 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,281 | BOYAmt |
| EOY | $146,923 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,054 | BOYAmt |
| EOY | $10,070 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $223,682 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,215 | BOYAmt |
| EOY | $2,500 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,128 | BOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68 | BOYAmt |
| EOY | $108 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,746 | BOYAmt |
| EOY | $383,283 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $821 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $810,122 | BOYAmt |
| EOY | $751,755 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $810,943 | BOYAmt |
| EOY | $751,755 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$791,842 | BOYAmt |
| EOY | -$801,294 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $405,177 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,645 | BOYAmt |
| EOY | $27,645 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$764,197 | BOYAmt |
| EOY | -$368,472 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,746 | BOYAmt |
| EOY | $383,283 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $395,685 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $40 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $123,787 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $485,050 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $484,050 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $85,750 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $842,471 | CurrentTaxYearAmt |
| Total | $2,021,108 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $208,986 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $193,590 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $165,209 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $151,795 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $146,855 | CurrentTaxYearAmt |
| Total | $866,435 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $58,300 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $52,645 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $62,300 | CurrentTaxYearAmt |
| Total | $173,245 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $332,773 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $678,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $707,559 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $290,190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,051,626 | CurrentTaxYearAmt |
| Total | $3,060,788 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $250,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $431,495 | CurrentTaxYearAmt |
| Total | $691,495 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $81,687 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $123,582 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $420,794 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,750 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $361,412 | CurrentTaxYearAmt |
| Total | $1,053,225 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $81,687 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $373,582 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $430,794 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,750 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $792,907 | CurrentTaxYearAmt |
| Total | $1,744,720 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,316,068 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $678 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $163 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $72 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $55 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17 | CurrentTaxYearAmt |
| Total | $985 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $678 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $163 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $72 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $55 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17 | CurrentTaxYearAmt |
| Total | $985 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $333,451 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $678,803 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $707,631 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $290,245 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,051,643 | CurrentTaxYearAmt |
| Total | $3,061,773 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.42980 | PublicSupportCY509Pct |
| Public Support PY509 | 0.49220 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO MISSISSIPPI ECONOMIC COUNCIL | Desc |
| Amt | $751,755 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $751,755 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO ENCOURAGE SUPPORT FOR QUALITY EDUCATION IN MISSISSIPPI; TO IDENTIFY, EDUCATE, AND MOTIVATE LEADERS WHO CAN MAKE A SIGNIFICANT CONTRIBUTION TO THE DEVELOPMENT OF MISSISSIPPI; AND TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES SUCH AS TAXATION , ECONOMIC DEVELOPMENT, COMPETITIVENESS, EDUCATION, GOVERNMENTAL ACCOUNTABILITY , AND OTHER MATTERS. |
| FORM 990, PAGE 6, PART VI, LINE 2 | HALEY FISACKERLY GLORIA B JOHNSON BUSINESS RELATIONSHIP |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY THE PRESIDENT AND THE PREPARING CPA PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY, EACH BOARD MEMBER IS PROVIDED A FORM IN WHICH RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST ARE TO BE DOCUMENTED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE ORGANIZATION DOES NOT CURRENTLY PAY COMPENSATION. IF IT WERE TO START, THE BOARD WOULD APPROVE CEO COMPENSATION BASED ON STUDIES OF COMPENSATION PAID BY SIMILAR ORGANIZATIONS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE ANSWER TO 15A. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. |
| FORM 990, PART IX, LINE 11G | SHARED EMPLOYEE COST 56,609 0 0 SHARED EMPLOYEE COST 44,264 15,391 0 SHARED EMPLOYEE COST 76,647 0 0 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MS ECONOMIC COUNCIL | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 23276 | AddressLine1 |
| City | JACKSON | City |
| State | MS | State |
| ZIP Code | 39225 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRADE ASSN | PrimaryActivitiesTxt |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Exempt Code Section | 501C6 | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MISSISSIPPI ECONOMIC COUNCIL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionTypeTxt |
| Involved | $274,649 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |