M B Swayze Educational Foundation is located in Jackson, MS. The organization was established in 1979. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. M B Swayze Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, M B Swayze Educational Foundation generated $433.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $649.0k during the year ending 04/2023. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE SUPPORT FOR QUALITY EDUCATION IN MISSISSIPPI; TO IDENTIFY, EDUCATE, AND MOTIVATE LEADERS WHO CAN MAKE A SIGNIFICANT CONTRIBUTION TO THE DEVELOPMENT OF MISSISSIPPI; AND TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES SUCH AS TAXATION , ECONOMIC DEVELOPMENT, COMPETITIVENESS, EDUCATION, GOVERNMENTAL ACCOUNTABILITY , AND OTHER MATTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STAR/EDUCATION CELEBRATION-RECOGNITION OF OUTSTANDING TEACHERS & STUDENTS AND ADVANCEMENT OF EDUCATION IN THE STATE.
LEADERSHIP MISSISSIPPI-TRAINING OF YOUNG LEADERS FOR FUTURE SERVICE TO THE COMMUNITY.
PUBLIC POLICY RESEARCH-ONE OF THE ORGANIZATION'S MISSIONS IS TO CONDUCT INDEPENDENT PUBLIC POLICY RESEARCH ON ISSUES RELATED TO ECONOMIC DEVELOPMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John S Waller President & | Officer | 2 | $14,864 |
Cathy Northington COO | 20 | $91,144 | |
Vickie Powell Sr. VP | $53,823 | ||
Chris Anderson Director | Trustee | 2 | $0 |
Dr Jacqueline Beasley Director | Trustee | 2 | $0 |
Christa Bishop Chairman | OfficerTrustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $274,370 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $274,370 |
| Total Program Service Revenue | $159,365 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $433,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $137,069 |
| Grants and other assistance to domestic individuals. | $31,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $16,637 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $174,052 |
| Pension plan accruals and contributions | $12,183 |
| Other employee benefits | $9,468 |
| Payroll taxes | $12,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,012 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,226 |
| Advertising and promotion | $0 |
| Office expenses | $16,638 |
| Information technology | $5,502 |
| Royalties | $0 |
| Occupancy | $6,495 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $203,304 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,499 |
| All other expenses | $0 |
| Total functional expenses | $649,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,458 |
| Savings and temporary cash investments | $10,228 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $75,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $196,686 |
| Accounts payable and accrued expenses | $50,674 |
| Grants payable | $0 |
| Deferred revenue | $70,075 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,189,233 |
| Total liabilities | $2,309,982 |
| Net assets without donor restrictions | -$2,140,941 |
| Net assets with donor restrictions | $27,645 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $196,686 |
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas State Council On Economic Education Little Rock, AR | $678,557 | $834,013 |
M B Swayze Educational Foundation Jackson, MS | $196,686 | $433,738 |
Camp Living Stones Inc Englewood, TN | $677,314 | $546,835 |
The Junior Achievement Of Greater New Orleans Education Foundation I New Orleans, LA | $4,219,184 | $140,814 |
Tbk Pine Bluff, AR | $4,702 | $0 |
Teen Expo Inc Cordova, TN | $0 | $0 |
Homegirl Industry Clanton, AL | $23,071 | $0 |
M A G Making Achievable Goals Memphis, TN | $250 | $0 |