Mississippi Hospitality & Restauran Association
Nonprofit profile at a glance
- EIN
- 640388196
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Jackson, MS, USA
- Phone
- 6014204210
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $365,847
- Expenses
- $327,280
- Assets
- $1,521,679
- Liabilities
- $125,072
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- ROB HEFFNER (PRESIDENT)
Highest reported compensation
- PATRICK L FONTAINE (EXECUTIVE DI): $87,731 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the association is to unify, foster, promote and protect the hospitality and food service industries in Mississippi. The goals of the organization are (1)to retain present members and recruit new members; (2) to improve the communication process between the association and its members as well as promote educational opportunities to its members and the public; (3) to establish a framework to insure the effective operation of the association; (4) to support the state-wide or legislative candidates and/or issues that best represent the views and positions of the association; (5) to plan and execute an annual convention and other special events; and (6) to continue to work in the area of government affairs and in the areas of policy, directing and assisting the association's lobbyist, and adressing national issues which affect the hospitality and food service industries.
What it reported doing in 2024
Administration of education iniative. The association has developed relationships through start-up assistance that has turned into new memberships; developed strategic partnerships that help market the mhra to the public and potential new members; and consulted and provided very valuable review opportunities within the current membership. Programs include: prostart ambassador programs across the state; on-line servsafe food manager certificate; expanded mhra website offerings, podcasting, video, etc.; and lsm, customer training, etc. Seminars offered to public and membership.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 90
- Accountability: 84
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.2%; rating input score 92
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 4.65; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 26.8%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: 72.2% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: -3.4% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 92.2% of revenue deployed · 100% of spending went to programs
- Governance: 14 of 14 board members independent · 5 of 8 filing controls reported
- Programs: 2 filed program accomplishments
- Leadership: top reported pay $88K · 15 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2009 to 2024
- 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 13/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.