Southwest Mississippi Opportunity Inc
- Assets
- $466.2k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 14
- Location
- McComb, MS
- Founding
- 10/1974
- Data as of
- 09/2021
- EIN
- 64-0433629
Organization Overview
Southwest Mississippi Opportunity Inc is located in McComb, MS. The organization was established in 1974. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Southwest Mississippi Opportunity Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Mississippi Opportunity Inc 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 09/2021, Southwest Mississippi Opportunity Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $1.9m during the year ending 09/2021. While expenses have increased by 2.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL SERVICE AGENCY PROVIDING COMMUNITY SERVICES AND ASSISTANCE TO ELDERLY, LOW-INCOME AND OTHER PEOPLE MEETING PROGRAM REQUIREMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COMMUNITY SERVICE SUCH AS HOUSING, EDUCATION AND OTHER ASSISTANCE.
ENERGY ASSISTANCE AND CONSERVATION- PROVIDES ASSISTANCE TO LOW-INCOME INDIVIDUALS WITH ENERGY BILL PAYMENTS AND OTHER HOME HEATING AND COOLING COSTS.
FAMILY PRESERVATION-CHILD NUTRITION AND DEVELOPMENT AFTER SCHOOL FEEDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Franklin Executive Director | 34 | $46,115 | |
Dorothy Rogers Fiscal Director | Officer | 28 | $33,077 |
Keisha Butler Interim Executive Director | Officer | 40 | $4,702 |
Butch Graves Board Member | Trustee | 2 | $0 |
Lereginald Jones Board Member | Trustee | 2 | $0 |
Letoria Wilson Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,905,434 |
| 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 | $1,905,434 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,909,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,243,458 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $37,779 |
| Compensation of current officers, directors, key employees. | $37,779 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $322,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,279 |
| Payroll taxes | $70,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,657 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,343 |
| Advertising and promotion | $3,542 |
| Office expenses | $119,929 |
| Information technology | $7,526 |
| Royalties | $0 |
| Occupancy | $25,122 |
| Travel | $23,132 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,858 |
| Interest | $111 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,015 |
| All other expenses | $7,581 |
| Total functional expenses | $1,911,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,519 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $33,673 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $466,192 |
| Accounts payable and accrued expenses | $130,173 |
| Grants payable | $0 |
| Deferred revenue | $303,151 |
| 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 | $6,104 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,325 |
| Total liabilities | $441,753 |
| Net assets without donor restrictions | $24,439 |
| 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 | $466,192 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southwest Mississippi Opportunity Inc has recieved totaling $143,770.
| Awarding Organization | Amount |
|---|---|
Jefferson Comprehensive Health Center Inc Fayette, MS PURPOSE: MS Shine | $143,770 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |
Golden Triangle Planning & Development District Inc Starkville, MS | $16,192,589 | $11,220,298 |
Neighborhood Preservation Inc Memphis, TN | $5,226,571 | $6,441,182 |
Woodbine Community Organization Wco Inc Nashville, TN | $99,872,484 | $15,160,345 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |
Communities Unlimited Inc Fayetteville, AR | $26,843,803 | $9,936,122 |
Southwest Mississippi Planning And Development District Inc Natchez, MS | $14,931,557 | $8,375,753 |
Economic Opportunity Agency Of Washington County Inc Springdale, AR | $5,019,111 | $7,887,315 |
Delta Community Action Association Inc Tallulah, LA | $2,682,123 | $8,135,037 |
Northwest Tennessee Development Martin, TN | $5,677,713 | $7,068,049 |
Oasis Center Inc Nashville, TN | $8,797,706 | $7,228,064 |