Institute For Compatible Development
- Assets
- $1.4m
- Revenue
- $48.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Moss Point, MS
- Founding
- 03/2005
- Data as of
- 09/2022
- EIN
- 20-1767415
Organization Overview
Institute For Compatible Development is located in Moss Point, MS. The organization was established in 2005. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Compatible Development 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 09/2022, Institute For Compatible Development generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $96.2k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECOTOURISM FACILITATOR FOR DEVELOPMENT OF AN ECOTOURISM/ECONOMIC DEVELOPMENT PLAN FOR JACKSON COUNTY, MISSISSIPPI; ALL FOUR CITIES IN A JOINT UNDERTAKING TO PROMOTE ECOTOURISM; COUNSEL PROSPECTIVE NEW BUSINESSES; AND PROVIDE INCUBATOR SPACE TO ECO-FRIENDLY BUSINESS DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSOR & HOUSE THE JACKSON COUNTY SMALL BUSINESS INCUBATOR AS WELL AS VARIOUS COMMUNITY ENHANCEMENT & CIVIC ENGAGEMENT PROGRAMS;INITIATIVES WITH EMPHASIS ON COMPATABILITY WITH THE ENVIRONMENT AND SUSTAINABILITY; PROVIDING COUNSELING SERVICE TO MANY COUNTY BUSINESSES, NEW AND EXISTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rogena Woods Mitchell Treasurer | Officer | 1 | $0 |
L David Compton President | Officer | 2 | $0 |
Roy Williams Director | Trustee | 1 | $0 |
John Jones Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,175 |
| Total Program Service Revenue | $0 |
| Investment income | $198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,759 |
| 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 | $48,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $30,964 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,252 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,690 |
| Advertising and promotion | $2,219 |
| Office expenses | $2,710 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,434 |
| Insurance | $800 |
| All other expenses | $845 |
| Total functional expenses | $96,211 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,526 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,000 |
| 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 | $1,171,450 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,388,976 |
| Accounts payable and accrued expenses | $684 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $684 |
| Net assets without donor restrictions | $1,388,292 |
| Net assets with donor restrictions | $0 |
| 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 | $1,388,976 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Research Foundation Stoneville, MS | $2,497,554 | $892,545 |
Paint Rock Forest Research Center Birmingham, AL | $675,564 | $192,718 |
Arkansas Advanced Energy Foundation Inc Little Rock, AR | $97,102 | $0 |
Institute For Compatible Development Moss Point, MS | $1,388,976 | $48,614 |
The Edward G Schlieder Urban Waste Management & Research Chair Trust New Orleans, LA | $1,614,958 | $108,993 |
Center For Human-Environmental Research New Orleans, LA | $111,782 | $0 |
Arnold Cr Slidell, LA | $19,789 | $0 |
The@crown Group Scholarship Foundation Kenner, LA | $0 | $0 |