Community Foundation of Northwest Mississippi
Nonprofit profile at a glance
- EIN
- 943421724
- IRS 990 coverage
- 2013–2025
- Forms available
- Form 990 2025
- Location
- Hernando, MS, USA
- Phone
- 6624495002
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $7,854,955
- Expenses
- $8,305,536
- Assets
- $52,232,377
- Liabilities
- $4,450,592
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- KEITH FULCHER (President & CEO)
Highest reported compensation
- KEITH FULCHER (President & CEO): $157,590 total reported compensation
- TOM PITTMAN (PRES EMERITUS): $51,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Connecting people who care with causes that matter by providing resources and leadership to the citizens and nonprofit organizations in primarily an 11-county area of northwest Mississippi.
What it reported doing in 2025
The foundation's third largest program was feed northwest Mississippi. The covid-19 pandemic increased the number of children who are identified as food insecure in northwest Mississippi. The initiative began to help provide food to public school children who lost access to breakfast and lunch. Grants were made to food pantries and non-profits for the purchase of food, pallet jacks, forklifts, freezers, delivery vans, and other items in support of combatting food insecurity.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 68
- Accountability: 100
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.2%; rating input score 94
- Fundraising efficiency: $92.61 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 25th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 92.5%; rating input score 93; 33rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.7%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 6.29; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 2.5%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: 10.5% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 10.3% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 94.2% of spending went to programs
- Governance: 22 of 22 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $7.8M in reported program spending
- Leadership: top reported pay $158K · 24 people listed · 0 of 6 pay-setting controls reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 filing years from 2013 to 2025
- Contacts: How to reach this organization
- Money network: 75 filed money-flow records
- Related organizations: 73 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 14/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.