Institute For Compatible Development
- Assets
- $1.3m
- Revenue
- $54.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Moss Point, MS
- Founding
- 03/2005
- Data as of
- 09/2023
- 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 09/2023, Institute For Compatible Development generated $54.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $93.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 6 years. 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
ECOTOURISM FACILITATOR FOR JACKSON COUNTY MS WHICH ALL FOUR CITIES PROMOTE COUNSEL PROSPECTIVE BUSINESSES PROVIDE INCUBATOR SPACE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSOR AND HOUSE THE JACKSON COUNTY SMALL BUSINESS INCUBATOR AS WELL AS VARIOUS COMMUNITY ENHANCEMENT & CIVIC ENGAGEMENT PROGRAMS; EMPHASIS ON COMPATABILITY INITIATIVES 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 |
|---|---|---|---|
L David Compton President | OfficerTrustee | 2 | $0 |
Roy Williams Vice President | OfficerTrustee | 1 | $0 |
Rogena W Mitchell Treasurer | OfficerTrustee | 1 | $0 |
Linda Holden Director | Trustee | 1 | $0 |
John Jones Director | Trustee | 1 | $0 |
Melanie Landsiedel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $52,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,500 |
| Total Program Service Revenue | $0 |
| Investment income | $569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$38,823 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $189 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,435 |
| 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 | $31,357 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $253 |
| Office expenses | $3,816 |
| 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 | $52,358 |
| Insurance | $800 |
| All other expenses | $262 |
| Total functional expenses | $93,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,133 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,965 |
| 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 | $1,142,134 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,346,232 |
| Accounts payable and accrued expenses | $287 |
| 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 | $287 |
| Net assets without donor restrictions | $1,345,945 |
| 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 | $1,346,232 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Research Foundation Stoneville, MS | $2,377,480 | $816,022 |
Transportation Energy Partnership Birmingham, AL | $148,507 | $384,154 |
Arkansas Advanced Energy Foundation Inc Little Rock, AR | $224,901 | $451,535 |
Paint Rock Forest Research Center Paint Rock, AL | $522,518 | $240,123 |
Institute For Compatible Development Moss Point, MS | $1,346,232 | $54,435 |
Center For Human-Environmental Research New Orleans, LA | $102,074 | $0 |
The Edward G Schlieder Urban Waste Management & Research Chair Trust New Orleans, LA | $1,641,668 | $57,541 |
Arnold Cr Slidell, LA | $8,160 | $0 |
The@crown Group Scholarship Foundation Kenner, LA | $0 | $0 |