Easter Seals Mississippi

Nonprofit profile at a glance

EIN
844332384
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Tupelo, MS, USA
Phone
2127274219
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$1,072,431
Expenses
$1,029,114
Assets
$605,555
Liabilities
$600,187

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • CHRISTINE MCMAHON (PRESIDENT AND CEO OF FEDCAP)

Highest reported compensation

  • CHRISTINE MCMAHON (PRESIDENT AND CEO OF FEDCAP): $894,189 total reported compensation
  • CAROL KHOURY (CFO OF FEDCAP): $405,031 total reported compensation
  • KENNETH BREZENOFF (GEN. COUNSEL & VP STRAT. INIT.): $259,975 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Easterseals enriches lives and expands opportunities for all children and adults in our communities. (see schedule o)

What it reported doing in 2024

Easterseals Mississippi enriches lives and expands opportunities for children, adults, and families throughout Mississippi through evidence-based disability, education, advocacy, and community support services. The organization provides programs designed to help individuals with disabilities and other special needs achieve greater independence, access educational and employment opportunities, strengthen family stability, and fully participate in their communities. Through collaboration with community partners and service providers, easterseals Mississippi promotes equity, inclusion, and access while helping individuals and families thrive. (continued on schedule o)key program services include disability support and resource coordination, educational and family services, tobacco prevention and community health initiatives, and operation of a children's advocacy center that provides a safe, supportive environment for children impacted by abuse and other violent crimes. The organization coordinates multidisciplinary services, training, outreach, and prevention efforts while connecting individuals and families with critical resources needed to address health, educational, and social challenges. Through its programs, easterseals Mississippi helps individuals and families overcome barriers to opportunity, promotes community awareness and prevention initiatives, and supports positive outcomes in education, health, safety, and community integration. The organization is committed to delivering high-quality services that empower people to survive, thrive, and achieve long-term sustainability within their communities

Operating model

Revenue model
Grant-funded. 85% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - 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: 79
  • Transparency & Controls: 65
  • Accountability: 95
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 79.5%; rating input score 79
  • Fundraising efficiency: $333.06 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Limited
  • 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 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 4%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.99; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 19.8%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 63.5% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 59.3% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 52% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 76.3% of revenue deployed · 79.5% of spending went to programs
  • Governance: 6 of 6 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $818K in reported program spending
  • Leadership: top reported pay $894K · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 32 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.