Mississippi Community Education Center
- Assets
- $16.6m
- Revenue
- $26.9m
- Investments
- $0.0
- Employees
- 135
- Location
- Jackson, MS
- Founding
- 07/1993
- Data as of
- 06/2018
- EIN
- 58-2046994
Organization Overview
Mississippi Community Education Center is located in Jackson, MS. The organization was established in 1993. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2018, Mississippi Community Education Center employed 135 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Community Education Center 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 06/2018, Mississippi Community Education Center generated $26.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 72.1% each year . All expenses for the organization totaled $19.4m during the year ending 06/2018. While expenses have increased by 59.3% per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TRAIN, SUPPORT & REVIEW EDUCATION. THE PURPOSE OF THE CENTER IS FOR THE PROMOTION, IMPROVEMENT AND EXPANSION OF COMMUNITY EDUCATION THROUGH TRAINING SEMINARS, CONSULTING SERVICES AND TECHNICAL ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAIN, SUPPORT & REVIEW EDUCATION. THE PURPOSE OF THE CENTER IS FOR THE PROMOTION, IMPROVEMENT AND EXPANSION OF COMMUNITY EDUCATION THROUGH TRAINING SEMINARS, CONSULTING SERVICES AND TECHNICAL ASSISTANCE.
TRAIN, SUPPORT & REVIEW EDUCATION. THE PURPOSE OF THE CENTER IS FOR THE PROMOTION, IMPROVEMENT, AND EXPANSION OF COMMUNITY EDUCATION THROUGH TRAINING SEMINARS, CONSULTING SERVICES AND TECHNICAL ASSISTANCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy New Executive Di | Trustee | $0 | |
Anne Mcgrew CFO | Trustee | $0 | |
Jess New Board Member | Trustee | $0 | |
Susan Floyd Board Member | Trustee | $0 | |
Virgil Strickland President/ch | Trustee | $0 | |
Brian Bledsoe Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,717,093 |
| Investment income | $41 |
| 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 | -$23,099 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,875,315 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $6,822,662 |
| Pension plan accruals and contributions | $227,805 |
| Other employee benefits | $269,903 |
| Payroll taxes | $454,759 |
| Fees for services: Management | $185,964 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,722,864 |
| Advertising and promotion | $1,083,797 |
| Office expenses | $25,386 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,948,209 |
| Travel | $294,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,216 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $306,823 |
| Insurance | $479,492 |
| All other expenses | $0 |
| Total functional expenses | $19,409,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,817,298 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,546,489 |
| Accounts receivable, net | $487,464 |
| 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 | $4,000,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,256 |
| Total assets | $16,617,573 |
| Accounts payable and accrued expenses | $561,135 |
| Grants payable | $0 |
| Deferred revenue | $6,591,750 |
| 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 | $4,871 |
| Total liabilities | $7,157,756 |
| Net assets without donor restrictions | $9,459,817 |
| 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 |
| Total liabilities and net assets/fund balances | $9,459,817 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mississippi Community Education Center has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi Community Education Center Jackson, MS | $16,617,573 | $26,875,315 |
Lsu Alumni Association Baton Rouge, LA | $42,813,688 | $3,814,637 |
University Of Alabama Alumni Assoc Alumni Hall Tuscaloosa, AL | $63,747,922 | $7,156,369 |
Alumni Association Of The University Of Mississippi Oxford, MS | $10,836,240 | $2,076,893 |
Arkansas Alumni Association Inc Fayetteville, AR | $14,561,052 | $2,077,157 |
Mississippi State University Alumni Inc Mississippi State, MS | $2,835,779 | $1,848,662 |
University Of Southern Mississippi Alumni Association Hattiesburg, MS | $2,761,088 | $617,105 |
Alpha Tau Omega-Gamma Rho Housing Corporation Franklin, TN | $613,479 | $784,389 |
University Of Louisiana At Lafayette Alumni Association Inc Lafayette, LA | $1,882,669 | $358,222 |
Boys And Girls Clubs Of Mccomb Mccomb, MS | $804,158 | $534,088 |
Arkansas State University Alumni Association Inc State University, AR | $4,421,210 | $259,299 |
The University Of South Alabama National Alumni Association Inc Mobile, AL | $1,996,523 | $859,340 |