Mississippi Society Of Certified Public Accountants Foundation is located in Ridgeland, MS. The organization was established in 1968. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Society Of Certified Public Accountants 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 06/2021, Mississippi Society Of Certified Public Accountants Foundation generated $35.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $47.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mississippi Society Of Certified Public Accountants Foundation has awarded 101 individual grants totaling $227,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wallace M Wilder Trustee | 1 | $0 | |
Stacy E Thomas Trustee | 1 | $0 | |
Joshua L Norris Trustee | 1 | $0 | |
Karen C Moody CEO | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $7,440 |
Interest on Savings | $0 |
Dividends & Interest | $15,427 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $13,079 |
Capital Gain Net Income | $13,079 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $35,946 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $458 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,521 |
Total operating and administrative expenses | $4,979 |
Contributions, gifts, grants paid | $42,000 |
Total expenses and disbursements | $46,979 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $48,382 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $876,012 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $924,446 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Mississippi Society Of Certified Public Accountants Foundation has awarded $42,000 in support to 17 organizations.
Grant Recipient | Amount |
---|---|
HUNTER REED PURPOSE: EDUCATION | $3,500 |
ABIGAIL JEAN TEW PURPOSE: EDUCATION | $2,500 |
MAURA CHILES PURPOSE: EDUCATION | $2,500 |
ELLA JAYNE STONE PURPOSE: EDUCATION | $2,500 |
NI'JAH PACE PURPOSE: EDUCATION | $2,500 |
KAYLA JO MARTIN PURPOSE: EDUCATION | $2,500 |
Organization Name | Assets | Revenue |
---|---|---|
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |
Alumbra Innovations Foundation Bentonville, AR | $55,483,470 | $25,346,784 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Lyndhurst Foundation Inc Chattanooga, TN | $133,731,560 | $17,356,041 |
Huey And Angelina Wilson Foundation Baton Rouge, LA | $180,086,901 | $15,078,122 |
Ayers Foundation Parsons, TN | $11,206,154 | $10,940,393 |
BBVA Foundation Birmingham, AL | $0 | $7,925,433 |