WOODWARD HINES EDUCATION FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WOODWARD HINES EDUCATION FOUNDATION (EIN 64-0860939)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202303199349314495
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T13:27:10-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 640414329 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HADDOX REID EUBANK BETTS PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1020 HIGHLAND COLONY PKY SUITE 600 | AddressLine1Txt |
| City | RIDGELAND | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 39157 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640860939 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WOODWARD HINES EDUCATION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WOOD | BusinessNameControlTxt |
| Phone | 6013215555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5008 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 392965008 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM F ALVIS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6013215555 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM | PersonFirstNm |
| Person Last | ALVIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATIE HOGGATT CPA | PreparerPersonNm |
| PTIN | P01340185 | PTIN |
| Phone | 6019482924 | PhoneNum |
| Preparation | 2023-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM F ALVIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5008 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 392965008 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $38,954,552 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WOODWARDHINES.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1995 | FormationYr |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING SERVICES TO STUDENTS AND PARENTS INCLUDING COLLEGE ACCESS AND FINANCIAL AID COUNSELING, AND MENTORING STUDENTS IN MISSISSIPPI AND PROVIDING MANAGEMENT SERVICE TO MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION (A NOT-FOR-PROFIT SECONDARY MARKET CORPORATION). | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 34 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $28,976 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $761,850 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,243,412 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $684,300 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $594,569 | CYProgramServiceRevenueAmt |
| PY Investment Income | $27,280,502 | PYInvestmentIncomeAmt |
| CY Investment Income | -$1,132,459 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $28,726,652 | PYTotalRevenueAmt |
| CY Total Revenue | $705,522 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $759,852 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,152,644 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,756,455 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,687,469 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,078,987 | PYOtherExpensesAmt |
| CY Other Expenses | $3,483,260 | CYOtherExpensesAmt |
| PY Total Expenses | $6,595,294 | PYTotalExpensesAmt |
| CY Total Expenses | $7,323,373 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $22,131,358 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$6,617,851 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $222,031,290 | TotalAssetsBOYAmt |
| Total Assets EOY | $202,416,655 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $758,601 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,868,959 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $221,272,689 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $199,547,696 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO HELP MISSISSIPPIANS OBTAIN POSTSECONDARY CREDENTIALS, COLLEGE CERTIFICATES, AND DEGREES THAT LEAD TO MEANINGFUL EMPLOYMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,955,521 | ExpenseAmt |
| Revenue | $11,302 | RevenueAmt |
| Desc | PROVIDING SERVICES TO STUDENTS AND PARENTS INCLUDING SCHOLARSHIPS, COLLEGE ACCESS AND FINANCIAL AID COUNSELING, AND MENTORING STUDENTS IN MISSISSIPPI. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,152,644 | ExpenseAmt |
| Grant | $1,152,644 | GrantAmt |
| Desc | GRANTS TO NONPROFIT ORGANIZATIONS PROVIDING SERVICES AND ASSISTANCE TO STUDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $274,162 | ExpenseAmt |
| Revenue | $583,267 | RevenueAmt |
| Desc | PROVIDING MANAGEMENT SERVICES TO MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,382,327 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 35 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 34 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM F ALVIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6013215555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5008 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 392965008 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| EDWARD CARLISLE | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $4,250 | $0 | $0 | |
| MICHAEL CORMACK JR | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $5,175 | $0 | $0 | |
| HALEY FISACKERLY | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $5,500 | $0 | $0 | |
| ROBERT LEARD | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $5,650 | $0 | $0 | |
| DAVID MARTIN | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $6,350 | $0 | $0 | |
| DEBRA MCGEE | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $6,100 | $0 | $0 | |
| ANDREW MULLINS | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $6,100 | $0 | $0 | |
| CAMILLE YOUNG | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $5,800 | $0 | $0 | |
| JOHN F HILL | |||||||
| BOARD CHAIR | 2.00 | 1.00 | Yes (X) | $9,450 | $0 | $0 | Yes (X) |
| NATHAN SLATER | |||||||
| BOARD VICE-CHAIR | 1.00 | 1.00 | Yes (X) | $6,100 | $0 | $0 | Yes (X) |
| JAMES E MCHALE | |||||||
| PRESIDENT/CEO | 40.00 | 1.00 | $270,542 | $0 | $16,916 | Yes (X) | |
| WILLIAM F ALVIS | |||||||
| CFO/TREASURER | 40.00 | 1.00 | $196,449 | $0 | $21,993 | Yes (X) | |
| MINETTE D KETCHINGS | |||||||
| DIRECTOR OF OPERATIONS/CON | 40.00 | 1.00 | $155,702 | $0 | $16,814 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $683,168 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $55,723 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HEDERMAN BROTHERS | |||||
| PO BOX 1036 | MADISON | MS | 39130 | PUBLICATIONS | $232,452 |
| FUND EVALUATION GROUP | |||||
| 201 EAST FIFTH STREET SUITE 1600 | CINCINNATI | OH | 45202 | INVESTMENT MANAGEMENT | $194,268 |
| CAMBRIDGE ASSOCIATES | |||||
| 115 FEDERAL STREET SUITE 2600 | BOSTON | MA | 02110 | INVESTMENT MANAGEMENT | $186,666 |
| BUSINESS COMMUNICATIONS | |||||
| PO BOX 678360 | DALLAS | TX | 75267 | IT CONSULTING | $142,974 |
| KANSA ADVISORY | |||||
| 19432 FOXDALE CIRCLE | HUNTINGTON BEACH | CA | 92648 | INVESTMENT CONSULTING | $105,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $600,000 | RelatedOrganizationsAmt |
| All Other Contributions | $643,412 | AllOtherContributionsAmt |
| Total Contributions | $1,243,412 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OPERATIONAL FEES | 900099 | $583,267 | $583,267 |
| COST/EXPENSE REIMBURSEMENT AND PR | 900099 | $11,302 | $11,302 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $594,569 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $589,334 | TotalRevenueColumnAmt |
| Exclusion | $589,334 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $36,527,237 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $38,249,030 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,721,793 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,721,793 | TotalRevenueColumnAmt |
| Exclusion | -$1,721,793 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $705,522 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $594,569 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$1,132,459 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,152,644 | TotalAmt |
| Program Services | $1,152,644 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $779,353 | TotalAmt |
| Program Services | $363,070 | ProgramServicesAmt |
| Management And General | $416,283 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,492,848 | TotalAmt |
| Program Services | $1,476,064 | ProgramServicesAmt |
| Management And General | $16,784 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,169 | TotalAmt |
| Program Services | $79,318 | ProgramServicesAmt |
| Management And General | $2,851 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,846 | TotalAmt |
| Program Services | $156,574 | ProgramServicesAmt |
| Management And General | $24,272 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,253 | TotalAmt |
| Program Services | $124,616 | ProgramServicesAmt |
| Management And General | $27,637 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,744 | TotalAmt |
| Management And General | $15,744 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,000 | TotalAmt |
| Program Services | $38,700 | ProgramServicesAmt |
| Management And General | $57,300 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $759,527 | TotalAmt |
| Management And General | $759,527 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $835,616 | TotalAmt |
| Program Services | $457,296 | ProgramServicesAmt |
| Management And General | $378,320 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,583 | TotalAmt |
| Program Services | $38,030 | ProgramServicesAmt |
| Management And General | $18,553 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,111 | TotalAmt |
| Program Services | $117,861 | ProgramServicesAmt |
| Management And General | $5,250 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $245,147 | TotalAmt |
| Program Services | $192,053 | ProgramServicesAmt |
| Management And General | $53,094 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $365,885 | TotalAmt |
| Program Services | $336,483 | ProgramServicesAmt |
| Management And General | $29,402 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,305 | TotalAmt |
| Program Services | $123,612 | ProgramServicesAmt |
| Management And General | $1,693 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,630 | TotalAmt |
| Program Services | $17,213 | ProgramServicesAmt |
| Management And General | $2,417 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,922 | TotalAmt |
| Program Services | $62,919 | ProgramServicesAmt |
| Management And General | $3,003 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,183 | TotalAmt |
| Program Services | $114,143 | ProgramServicesAmt |
| Management And General | $61,040 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PROGRAM EXPENSE | $167,064 | $167,064 | |
| PUBLICATIONS & RESOURCE | $150,887 | $148,562 | $2,325 |
| DUES/SUBSCRIPTIONS | $63,665 | $56,366 | $7,299 |
| MAINTENANCE | $32,150 | $31,291 | $859 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,841 | TotalAmt |
| Program Services | $128,448 | ProgramServicesAmt |
| Management And General | $57,393 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,323,373 | TotalAmt |
| Program Services | $5,382,327 | ProgramServicesAmt |
| Management And General | $1,941,046 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,540,453 | BOYAmt |
| EOY | $3,315,117 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,202,822 | BOYAmt |
| EOY | $7,736,735 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,858 | BOYAmt |
| EOY | $54,296 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $771,058 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $613,935 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,466 | BOYAmt |
| EOY | $157,123 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,307,134 | BOYAmt |
| EOY | $25,446,426 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,047,249 | BOYAmt |
| EOY | $162,979,668 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $706,308 | BOYAmt |
| EOY | $2,727,290 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,031,290 | BOYAmt |
| EOY | $202,416,655 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $509,874 | BOYAmt |
| EOY | $737,234 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $245,850 | BOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,877 | BOYAmt |
| EOY | $117,598 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $2,014,127 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $758,601 | BOYAmt |
| EOY | $2,868,959 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $221,272,689 | BOYAmt |
| EOY | $199,547,696 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $221,272,689 | BOYAmt |
| EOY | $199,547,696 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $222,031,290 | BOYAmt |
| EOY | $202,416,655 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$6,617,851 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$15,107,142 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640642776 | EIN |
| Organization Type | 10 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 12G, COLUMN VI | FormAndLineReferenceDesc |
| Explanation | PROVIDES MANAGEMENT SERVICES TO MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $60,384 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $37,229 | DepreciationAmt |
| Book Value | $23,155 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $652,750 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $519,938 | DepreciationAmt |
| Book Value | $132,812 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $57,924 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $56,768 | DepreciationAmt |
| Book Value | $1,156 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $157,123 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (32 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| FEG PRIVATE OPPORTUNITIES FUND II LP SERIES A | $45,541,693 | F |
| FEG PRIVATE OPPORTUNITIES FUND IV LP SERIES A | $16,803,517 | F |
| FEG ABSOLUTE ACCESS TEI FUND LLC | $23,957 | F |
| FEG PRIVATE OPPORTUNITIES FUND III LP | $26,330,087 | F |
| REGIONS 457(F) INVESTMENT | $76,633 | F |
| WELLINGTON GLOBAL RESEARCH EQUITY EXTENDED FUND, LP | $7,809,214 | F |
| JANCHOR PARTNERS PAN-ASIAN FUND | $1,917,599 | F |
| SAMLYN OFFSHORE LTD. | $2,239,458 | F |
| PELHAM LONG/SHORT FUND LTD | $1,336,599 | F |
| DAVIDSON KEMPNER INSTITUTIONAL PARTNERS LP | $1,961,851 | F |
| PARAMETRIC GLOBAL DEFENSIVE EQUITY FUND LLC | $2,391,646 | F |
| ISAM SYSTEMATIC TREND SPV LTD. | $2,259,318 | F |
| RENAISSANCE INSTITUTIONAL DIVERSIFIED GLOBAL EQUITIES ONSHORE FUNDS LP - SE | $2,630,819 | F |
| DORSAL CAPITAL PARTNERS, LTD. | $2,010,202 | F |
| ARROWSTREET EAFE ALPHA EXTENSION TRUST FUND - CLASS B | $4,986,417 | F |
| ASPEX GLOBAL FUND | $1,996,690 | F |
| MATRIX CAPITAL MANAGEMENT FUND (OFFSHORE) | $3,031,689 | F |
| HUDSON BAY INTERNATIONAL FUND | $3,073,220 | F |
| PALMER SQUARE INCOME PLUS FUND | $7,869,462 | F |
| GREEN COURT GREATER CHINA LONG-ONLY EQUITY FUND | $1,515,220 | F |
| D.E. SHAW U.S. BROAD MARKET CORE ALPHA FUND B | $8,474,327 | F |
| CITY OF LONDON INV MGMT CO EMERGING MKTS CEF | $2,265,600 | F |
| JUNIPERUS INSURANCE OPPORTUNITY FUND LIMITED | $1,879,304 | F |
| VULCAN VALUE PARTNERS ALL CAP FUND | $3,791,732 | F |
| AKO EUROPEAN LONG ONLY FUND | $3,326,400 | F |
| GQG PARTNERS GLOBAL EQUITY FUND | $4,741,082 | F |
| TWO SIGMA CHINA CORE EQUITY CAYMAN FUND | $1,224,817 | F |
| JMI EQUITY | -$7,039 | F |
| OBVIOUS PRIME II | $72,155 | F |
| OBVIOUS VENTURES IV | $58,579 | F |
| ITE RAIL FEEDER FUND | $436,054 | F |
| KLINE HILL PARTNERS IV | $911,366 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $162,979,668 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $2,014,127 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,014,127 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | AUDITED FINANCIAL STATEMENT FOOTNOTE DISCLOSURE REGARDING ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES WHEF IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. WHEF BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $26,222,000 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $26,222,000 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $26,222,000 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III ACCOUNTING METHOD: | FormAndLineReferenceDesc |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| MISSISSIPPI ALLIANCE OF NONPROFITS | ||||||||
| 2600 LAKELAND TERRACE SUITE 100 | JACKSON | MS | 39216 | 582025957 | 501(C)3 | $19,111 | $0 | TO ENGAGE CONSULTANTS IN ADVANCING AGENDA AND GOALS RELATED TO THE MS CONNECTS EFFORT, WHICH SEEKS TO GREATLY EXPAND BROADBAND ACCESS FOR MISSISSIPPI STUDENTS. |
| MISSISSIPPI UNIVERSITY FOR WOMEN | ||||||||
| 1100 COLLEGE STREET MUW-1625 | COLUMBUS | MS | 39701 | 646000826 | 501(C)3 | $92,046 | $0 | TO IMPROVE/INCREASE RETENTION, PERSISTENCE AND COMPLETION OF MISSISSIPPI STUDENTS. |
| UNIVERSITY OF SOUTHERN MISSISSIPPI | ||||||||
| 118 COLLEGE DR 5002 | HATTIESBURG | MS | 39402 | 646000818 | 501(C)3 | $105,455 | $0 | TO IMPROVE/INCREASE RETENTION, PERSISTENCE AND COMPLETION OF MISSISSIPPI STUDENTS. |
| DELTA STATE UNIVERSITY | ||||||||
| 1003 W SUNFLOWER RD | CLEVELAND | MS | 38733 | 646026565 | 501(C)3 | $114,070 | $0 | TO IMPROVE/INCREASE RETENTION, PERSISTENCE AND COMPLETION OF MISSISSIPPI STUDENTS. |
| UNIVERSITY OF MISSISSIPPI | ||||||||
| 100 BARR HALL | UNIVERSITY | MS | 38677 | 646001159 | 501(C)3 | $135,766 | $0 | TO IMPROVE/INCREASE RETENTION, PERSISTENCE AND COMPLETION OF MISSISSIPPI STUDENTS. |
| MISSISSIPPI VALLEY STATE UNIVERSITY | ||||||||
| 14000 HIGHWAY 82 WEST | ITTA BENA | MS | 38941 | 646001395 | 501(C)3 | $30,000 | $0 | TO IMPROVE/INCREASE RETENTION, PERSISTENCE AND COMPLETION OF MISSISSIPPI STUDENTS. |
| MISSISSIPPI STATE UNIVERSITY | ||||||||
| PO BOX 5307 | MISSISSIPPI STATE | MS | 39762 | 646000819 | 501(C)3 | $64,910 | $0 | TO IMPROVE/INCREASE RETENTION, PERSISTENCE AND COMPLETION OF MISSISSIPPI STUDENTS. |
| PUBLIC EDUCATION FORUM OF MISSISSIPPI INC | ||||||||
| PO BOX 23276 | JACKSON | MS | 392253276 | 570897061 | 501(C)3 | $229,167 | $0 | TO SUPPORT THE EFFORTS OF THE STATE TO ACHIEVE ITS POSTSECONDARY ATTAINMENT GOALS OF 55% BY 2030 AND 60% BY 2035. |
| MISSISSIPPI PUBLIC SCHOOL CONSORTIUM FOR EDUCATIONAL ACCESS | ||||||||
| 110 COMMERCE LOOP | FOREST | MS | 39074 | 646001057 | 501(C)3 | $61,158 | $0 | TO EXPAND ACCESS TO RIGOROUS STEM COURSEWORK, WHICH IS NOT CURRENTLYAVAILABLE IN RURAL, LOW-INCOME SCHOOLS, AND RAISE STUDENT ACHIEVEMENTTHROUGHOUT THE STATE OF MISSISSIPPI, PARTICULARLY THE DELTA. |
| MISSISSIPPI TODAY | ||||||||
| 750 WOODLANDS PARKWAY SUITE 100 | RIDGELAND | MS | 39157 | 472158741 | 501(C)3 | $32,083 | $0 | TO ENHANCE PUBLIC AWARENESS OF MISSISSIPPI-SPECIFIC BARRIERS AND OPPORTUNITIES WITHIN HIGHER EDUCATION |
| TEAM 36 | ||||||||
| 706 PARK LANE | OXFORD | MS | 38655 | 812975476 | 501(C)3 | $5,465 | $0 | TO SUPPORT THE DEVELOPMENT FOR ONLINE ACT TEST PREP FOR TEACHERS AND STUDENTS |
| MISSISSIPPI STATE UNIVERSITY FOUNDATION INC | ||||||||
| PO BOX 6149 | MISSISSIPPI STATE | MS | 39762 | 640410581 | 501(C)3 | $20,835 | $0 | MISSISSIPPI STATE UNIVERSITY FOUNDATION ("MSUF") SEEKS SUPPORT ON BEHALF OF THE MSU COLLEGE OF FOREST RESOURCES (CFR) TO EXECUTE A DEPARTMENT STRATEGY TO FURTHER THE WORK OF THE UNIVERSITY'S DIVERSITY COUNCIL, A CAMPUS-WIDE BODY THAT HAS DEVELOPED A DETAILED STRATEGIC PLAN TO ENHANCE DIVERSITY, EQUITY, AND INCLUSION IN THE COLLEGE. THE DIVERSITY COUNCIL'S PLAN WAS OPERATIONALIZED THROUGH A PROGRAM LOGIC MODEL, WITH SPECIFIC GOALS AND TARGETS IN RECRUITING, RETENTION, AND ADVANCEMENT OF UNDERREPRESENTED STUDENTS IN CFR UNDERGRADUATE AND GRADUATE PROGRAMS. |
| COAHOMA COMMUNITY COLLEGE | ||||||||
| 3440 FRIARS POINT ROAD | CLARKSDALE | MS | 38614 | 640437624 | 501(C)3 | $102,123 | $0 | SUPPORT OF STUDENT SUCCESS |
| JACKSON STATE UNIVERSITY | ||||||||
| 1400 JOHN R LYNCH STREET | JACKSON | MS | 39217 | 646000507 | 501(C)3 | $125,455 | $0 | TO IMPROVE/INCREASE RETENTION, PERSISTENCE AND COMPLETION OF MISSISSIPPI STUDENTS. |
| MISSISSIPPI HUMANITIES COUNCIL | ||||||||
| 3825 RIDGEWOOD ROAD ROOM 311 | JACKSON | MS | 39211 | 640561264 | 501(C)3 | $6,668 | $0 | TO EXPLORE THE OPPORTUNITIES FOR MS COMMUNITY COLLEGES, UNIVERSITIES, AND NON-PROFITS TO EXPAND QUALITY POSTSECONDARY EDUCATION PROGRAMS FOR STUDENTS IN PRISON. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 15 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE WOODWARD HINES EDUCATION FOUNDATION HAD (TERMINATED SEPTEMBER 2017) A CONTRACT TO MANAGE MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION'S OPERATIONS AND MONITORED THE USE OF THE FUNDS AS PART OF THAT CONTRACT. THE CONTRACT WAS REPLACED WITH A MEMORANDUM OF UNDERSTANDING TO PERFORM THE SAME SERVICES. THE WOODWARD HINES EDUCATION FOUNDATION HAS WRITTEN GUIDELINES STATING CRITERIA FOR MAKING GRANTS AND USES A GRANT PROGRAM CHECKLIST TO ENSURE THAT THE PROCESS APPROVED BY THE BOARD OF DIRECTORS IS FOLLOWED AND APPROPIRATE APPROVALS ARE DOCUMENTED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES E MCHALE | ||||||||||||||
| PRESIDENT/CEO | $270,542 | $0 | $0 | $0 | $0 | $0 | $16,377 | $0 | $1,987 | $0 | $288,906 | $0 | $0 | $0 |
| WILLIAM F ALVIS | ||||||||||||||
| CFO/TREASURER | $196,449 | $0 | $0 | $0 | $0 | $0 | $12,264 | $0 | $11,173 | $0 | $219,886 | $0 | $0 | $0 |
| MINETTE D KETCHINGS | ||||||||||||||
| DIRECTOR OF OPERATIONS/CON | $155,702 | $0 | $0 | $0 | $0 | $0 | $9,551 | $0 | $8,445 | $0 | $173,698 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | A COPY OF THE TAX RETURN WAS PROVIDED TO THE BOARD BY THE BOARD SECRETARY VIA AN ONLINE BOARD PORTAL. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES ALL DIRECTORS, OFFICERS AND STAFF TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT DISCLOSING ANY RELATIONSHIPS THAT MIGHT POSE A CONFLICT OF INTEREST. THE CORPORATE SECRETARY REVIEWS ALL CONFLICT OF INTEREST STATEMENTS AND REPORTS ANY POTENTIAL CONFLICTS TO THE PRESIDENT AND CEO AND LEGAL COUNSEL IF NEEDED. IF AN ACTUAL CONFLICT OF INTEREST IS DEEMED TO HAVE OCCURRED, APPROPRIATE ACTIONS WILL BE TAKEN TO DETERMINE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST AND IS FAIR AND REASONABLE. INTENTIONAL FAILURE TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST OR TO FOLLOW POLICY GUIDELINES, CAN RESULT IN DISCIPLINARY AND CORRECTIVE ACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION'S EXECUTIVE COMMITTEE ASSUMES THE RESPONSIBILITY FOR DETERMINING FAIR AND COMPETITIVE COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND EMPLOYEES. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND EMPLOYEES. AN INDEPENDENT CONSULTING FIRM WAS PAID TO PERFORM A COMPENSATION STUDY FOR ALL POSITIONS IN OCTOBER 2019 TO DETERMINE SALARIES FOR 2020-2022. THIS WILL BE REPEATED EVERY THREE TO FOUR YEARS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTING: PROGRAM SERVICE EXPENSES 427,304. MANAGEMENT AND GENERAL EXPENSES 378,320. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 805,624. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 29,992. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,992. |
| FORM 990, PART XII, 2C, ORGANIZATION COMMITTEE OVERSIGHT OF AUDIT: | THE ORGANIZATION MAINTAINS AN AUDIT COMMITTEE WHICH ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5008 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | MS | StateAbbreviationCd |
| ZIP | 392965008 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 640642776 | EIN |
| Primary Activities | HIGHER EDUCATION ASSISTANCE | PrimaryActivitiesTxt |
| Legal Domicile State | MS | LegalDomicileStateCd |
| Exempt Code Section | 501(C)3 | ExemptCodeSectionTxt |
| Public Charity Status | 10 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION | ||
| L | $583,267 | FAIR MARKET VALUE |
| MISSISSIPPI HIGHER EDUCATION ASSISTANCE CORPORATION | ||
| C | $600,000 | FAIR MARKET VALUE |