Mississippi Association of Community Action Agencies Inc

Nonprofit profile at a glance

EIN
640707441
IRS 990 coverage
2015–2020
Forms available
Form 990 2020, Form 990-EZ 2014
Location
Jackson, MS, USA
Phone
6623785857
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$479,204
Expenses
$438,393
Assets
$437,733
Liabilities
$100,539

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • Kenn Cockrell (Board President)
  • Ron Collier (Board Vice President)
  • Steve Gaines (Board Vice-President)
  • Sheletta Buckley (Board President)

People named in this filing

  • Carmen Drake (Board Member)
  • Elnora Littleton (Board Member)
  • Pamela Gary (Board Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide service to Community Action Agencies

What it reported doing in 2020

New Venture Census Project assist in educating the community on the importance of completing the census and provide assistance to individuals needing help in completing the census form.

Operating model

Revenue model
Grant-funded. 89% 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.
  • 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. Expenses are high relative to revenue and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 45
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 8.5%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 1; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 29.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 17.8% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 88.7% of revenue deployed · 96.9% of spending went to programs
  • Governance: 19 of 19 board members independent · 7 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $425K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 6 filing years from 2015 to 2020
  • Contacts: How to reach this organization
  • 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.

  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.