Mississippi Society for Disabilities Incorporated

Nonprofit profile at a glance

EIN
640386410
IRS 990 coverage
2010–2021
Forms available
Form 990 2021, Form 990-EZ 2009
Location
Jackson, MS, USA
Phone
6019827051
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rehabilitative Medical Services

Official website

Reported finances

Revenue
$154,033
Expenses
$171,934
Assets
$83,213
Liabilities
$17,677

Source: IRS Form 990. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • MICHAEL GRANTHAM (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOHNNY MCGINN (CAP DIRECTOR/VP OF FINANCE): $57,488 total reported compensation
  • MICHAEL GRANTHAM (EXECUTIVE DIRECTOR): $54,668 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a broad spectrum of programs and program services to meet the needs of Mississippi children and adults with disabilities, thus enabling them to achieve maximum independence and gain the greatest quility of life.

What it reported doing in 2021

The Mississippi society for disabilities is a 62-year-old 501(c)3 organization. Chartered in 1959 as the easter seals Mississippi, the organization operated under that name until august of 2000, during which time the board of the directors made the decision to separate the organization from the national easter seals and re-established it as an independent non-profit and changed its name to the Mississippi society for disabilities (msd). Such change serves to direct all fundraising dollars on service to mississippians' rather than the increasingly high percentages of such dollars being sent to national programs that come with national affiliations.msd's mission is to provide a broad spectrum of programs and services to meet the needs of Mississippi's children and adults with disabilities thus enabling them to achieve maximum independence and gain the greatest possible quality of life.msd has two current programs to support the mission.(1) discover wellness program: this program provides family and community focused events promoting inclusive play and universal accessibility for children of all ability levels. Yearly additions to parks statewide continue the mission of breaking down barriers that would limit a child to play in the same manner as able-bodied children. This also provides a healthy outlet for disabled youth and adults of all ages the opportunity to engage in various sports and creativity programs. (2) client assistance program: this program is a federally funded program that provides advocacy services for client and client applicants of the office of vocational rehabilitation, vocational rehabilitation for the blind and independent living programs of the Mississippi department of rehabilitation services.

Operating model

Revenue model
Grant-funded. 90% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 16
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.2%; rating input score 61
  • Program expense ratio: 54.7%; rating input score 55
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 80%; rating input score 80; 21st percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11.6%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.48; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.21; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 65.2%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 4.2% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 61.2% of revenue deployed · 54.7% of spending went to programs
  • Governance: 4 of 5 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $94K in reported program spending
  • Leadership: top reported pay $57K · 6 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 12 filing years from 2010 to 2021
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.