Jobs for Mississippi Graduates Inc

Nonprofit profile at a glance

EIN
640831798
IRS 990 coverage
2011–2019
Forms available
Form 990 2019
Location
Jackson, MS, USA
Phone
6019781711
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Employment Procurement Assistance

Official website

Reported finances

Revenue
$3,088,093
Expenses
$2,635,791
Assets
$652,932
Liabilities
$323,200

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • RAMONA WILLIAMS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • RAMONA WILLIAMS (EXECUTIVE DIRECTOR): $106,517 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Jmg's mission is to keep young people in school through graduation and provide work-based learning experiences that will lead to career advancement opportunities or to enroll in a postsecondary institution that leads to a rewarding career.

What it reported doing in 2019

The dropout prevention program's primary goal is to keep students in school through graduation and assist them in obtaining a entry-level job leading to a career and/or pursuing a post-secondary education. We served over 1,700 students in 36 high schools and 3 middle school programs across the state of Mississippi.

Operating model

Revenue model
Grant-funded. 65% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 48
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.1%; rating input score 78
  • Program expense ratio: 91.5%; rating input score 92
  • Fundraising efficiency: $42.4 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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; 64th 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: 14.6%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: -15.9% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 78.1% of revenue deployed · 91.5% of spending went to programs
  • Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $107K · 19 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 9 filing years from 2011 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.